Auto News 5

Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss. Full story...

Faurecia raised its cost-cutting target and predicted a very slow recovery after an unprecedented drop in auto production pushed it to a first-half operating loss. Full story...

Ford Motor Co. said its vehicle sales in China rose 14 percent to 197,212 units in the first half from a year earlier. Changan Ford Mazda, a tie-up with Chongqing Changan Auto Co. Full story...

Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety. Full story...

Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety. Full story...

DriverSide.com, a Web site specializing in used-car maintenance and remarketing for consumers, has joined with Experian to provide users with vehicle history reports. Full story...

DriverSide.com, a Web site specializing in used-car maintenance and remarketing for consumers, has joined with Experian to provide users with vehicle history reports. Full story...

Four two-door cars received the highest safety rating in frontal crashes and two received that rating for side collisions in recent testing by the Insurance Institute for Highway Safety. Full story...

Facing 3.5 billion euros ($4.97 billion) of debt due next August, Continental AG plans to raise fresh equity to plug a hole in its balance sheet, three sources familiar with the matter told Reuters today. Full story...

Faced with a 3.5 billion euro ($4.97 billion) tranche of debt due next August, Continental AG plans to raise fresh equity to plug a hole in its balance sheet, three sources familiar with the matter told Reuters on Tuesday Full story...

OnStar, General Motors' in-vehicle safety and communications system, has launched a service to keep car thieves from starting a vehicle that has been reported stolen. Full story...

Continental AG's CEO Karl-Thomas Neumann is planning to propose a 1 billion euros ($1.42 billion) capital increase, a German daily newspaper said. Neumann will present a strategy concept to the supervisory board at the end of July. Full story...

Continental AG's CEO Karl-Thomas Neumann is planning to propose a 1 billion euros ($1.42 billion) capital increase, a German daily newspaper said. Neumann will present a strategy concept to the supervisory board at the end of July. Full story...

Volkswagen will begin assembling a new compact car at its plant in Mexico early next year following a $1 billion investment, a senior executive said. Full story...

Continental AG's CEO Karl-Thomas Neumann is planning to propose a 1 billion euros ($1.42 billion) capital increase, a German daily newspaper said. Neumann will present a strategy concept to the supervisory board at the end of July. Full story...

General Motors said Monday that it had received three binding takeover offers for Opel that it would consider together with the European countries that would be affected by the deal. Full story...

OnStar, General Motors' in-vehicle safety and communications system, has launched a service to keep car thieves from starting a vehicle that has been reported stolen. Full story...

Former Champ Car series' champion Paul Tracy has had strong words against his old rival Sébastien Bourdais who's been ousted of the Toro Rosso Formula 1 team. Full story...

SCOTTSDALE, Ariz.- Serious car enthusiasts can now order their very own Fesler-Moss 2010 Camaro. The Fesler-Moss team knows that one size does not fit all. This led them to carefully design a handful of customizable Camaro packages with the right balance of price and upgrades so that their packages would appeal to as many Camaro enthusiasts as possible. This arduous process resulted in three distinct packages that are each available with a new 2010 Camaro. Full story...

Formula one will enter a rare two-week period of total inactivity in August, as part of the teams association's efforts to cut costs. Full story...