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Jul
10th

THE WEEK THAT WAS: ‘Government Motors’ sets sail

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Well, with the US treasury holding 60.8%, it is 'government motors', despite today's announcement of a renewed customer-centric focus. With the beady eyes of shareholders on quarterly results replaced by those of the Obama administration, the 'new GM' had better perform as there will be no second chance. Full story...
Jul
10th

Diesel do nicely for fresh 407 Coupé

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New diesel lump for 407
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Jul
10th

Peugeot unwraps its Audi TT ‘teaser’

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Stunning 308 RC Z revealed ahead of Frankfurt show
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Jul
10th

Reaction roundup on GM’s exit from bankruptcy

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Reaction to the new General Motors was mixed from analysts, pundits and stakeholders after the company emerged from Chapter 11 protection. Full story...
Jul
10th

Bugatti Bordeaux revealed

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Veyron's bigger brother christened 'Bordeaux' and we've got the first picture too!
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Jul
10th

Keyless entry ‘clone’ alert

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Thieves using smart tech to steal cars
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Jul
10th

Opel labor has plan to save British, Belgium plants

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Opel labor leaders hope to save threatened factories in England and Belgium after identifying nearly 6 billion euros ($8.4 billion) in wage-related costs that could be saved over the next five years. Full story...
Jul
10th

GM says it will partner with eBay in California test

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General Motors said it will test a partnership with eBay Inc. in California that allows customers to bid on new vehicles or buy them at a predetermined price online. Full story...
Jul
10th

GM and eBay testing partnership in California

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General Motors will test a partnership with eBay Inc. in California that allows customers to bid on vehicles or buy them at a predetermined price online, GM said today. Full story...
Jul
10th

Midlands Motor Show update

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With the British Motor Show canceled for the foreseeable future, the Midlands Expo doing a fantastic job of filling its place in the motoring calendar


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Jul
10th

FRANCE: Banque PSA Finance boosts liquidity

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Banque PSA Finance on Friday announced further liquidity strengthening. Full story...
Jul
10th

US: Congress girds for battle over axed dealers

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Congress is readying for a clash with the Obama administration by moving to reverse the closings or planned closings of nearly 3,200 dealerships by General Motors and Chrysler. Full story...
Jul
10th

HUNGARY: Denso to lay off 800 till October

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Denso is to lay off 800 workers at its Hungarian plant in Szekesfehervar from 1 October, the company announced on Friday. Full story...
Jul
10th

Mercedes plans electric version of SLS AMG supercar :

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Huge news at Mercedes-Benz: Engineers from its AMG performance-car offshoot are developing a plug-in electric version of the upcoming SLS supercar as part of a broad-based efficiency program to place the automaker at the leading edge of socially... Full story...
Jul
10th

No quick fix seen for Schaeffler-Conti merger

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Debt-laden German car parts suppliers Continental AG and Schaeffler Group might need months to fix a botched takeover and come up with a sustainable business strategy, sources familiar with the matter told Reuters. Full story...
Jul
10th

No quick fix seen for stalled Schaeffler-Conti merger

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Debt-laden German car parts suppliers Continental AG and Schaeffler Group might need months to fix a botched takeover and come up with a sustainable business strategy, sources familiar with the matter told Reuters. Full story...
Jul
10th

Porsche board set for showdown over Qatar, VW

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Two rival families that control indebted Porsche Automobil Holding SE are set for a showdown that could decide on the planned merger with majority-owned Volkswagen. Full story...
Jul
10th

Porsche to discuss sale of sports car unit to VW, source says

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Indebted automotive holding group Porsche Automobil Holding SE will discuss a possible sale of 49 percent stake of wholly-owned sports car unit, Porsche AG, to Volkswagen AG during a supervisory board meeting on July 23, a source said on Friday. Full story...
Jul
10th

No quick fix seen for stalled Schaeffler-Conti merger

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Debt-laden German car parts suppliers Continental AG and Schaeffler Group might need months to fix a botched takeover and come up with a sustainable business strategy, sources familiar with the matter told Reuters. Full story...
Jul
10th

Fix for stalled Schaeffler-Conti merger might take months

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Debt-laden German car parts suppliers Continental AG and Schaeffler Group might need months to fix a botched takeover and come up with a sustainable business strategy, sources familiar with the matter told Reuters. Full story...
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