Auto News 5

The new General Motors Company on Friday began operations free of bankruptcy protection with a new corporate structure, a stronger balance sheet, and a renewed commitment to make the customer the centre of everything it does, president and CEO Fritz Henderson announced in Detroit this afternoon (BST). That includes a new eBay marketing deal and the 'unretirement' of 'product czar' Bob Lutz to head both product design and customer relationships. GM is also ending its regional operating structure. Full story...

General Motors today exited bankruptcy with the message that a leaner and meaner automaker ready to win back American consumers and pay back taxpayers has emerged from its failure. GM officially emerged from protection at 6:30 a.m. ET. Full story...

Suzuki Motor and Mitsubishi Motors may have to pull out of the US market because of plummeting sales of new cars in a market which has now fallen behind China, analysts said. Full story...

Volkswagen union chief Bernd Osterloh has accused Wendelin Wiedeking of obstructing the possible merger between the two car companies and has told the Porsche SE CEO "to end his ego trip." Full story...

The French government's Strategic Investment Fund (FSI) may increase its stake in Valeo if Pardus Capital Management or another major stockholder were to sell their shares. Full story...

Renault CEO Carlos Ghosn expects 2010 to be no easier than this year as the crisis in the worldwide auto industry continues. Full story...

BMW is considering using its four cylinder engines in the US for the first time since 1999 to meet tougher fuel-economy standards, according to Tom Baloga, the company's vice president of engineering for North America. Full story...

Diesel specialist Navistar Engine Group has created three regional business units which it said would allow it to better focus on its expanding customer base around the world. Full story...

Jaguar Cars unveiled its redesigned XJ last night at a London art gallery. Full story...

Best spy shots yet of BMW's new executive including undisguised interior pictures

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Renault CEO Carlos Ghosn expects 2010 to be "as difficult as 2009" as the crisis in the worldwide auto industry continues. Ghosn said he expected Europe to be among the last regions worldwide to return to growth, along with Japan. Full story...

Renault CEO Carlos Ghosn expects 2010 to be "as difficult as 2009" as the crisis in the worldwide auto industry continues. Ghosn said he expected Europe to be among the last regions worldwide to return to growth, along with Japan. Full story...

Renault CEO Carlos Ghosn expects 2010 to be "as difficult as 2009" as the crisis in the worldwide auto industry continues. Ghosn said he expected Europe to be among the last regions worldwide to return to growth, along with Japan. Full story...

Renault CEO Carlos Ghosn expects 2010 to be "as difficult as 2009" as the crisis in the worldwide auto industry continues. Ghosn said he expected Europe to be among the last regions worldwide to return to growth, along with Japan. Full story...

Renault CEO Carlos Ghosn expects 2010 to be "as difficult as 2009" as the crisis in the worldwide auto industry continues. Ghosn said he expected Europe to be among the last regions worldwide to return to growth, along with Japan. Full story...

Jaguar says prices for its new flagship XJ sedan will start at 76,900 euros (about $106,800) in Germany. The British brand, which Ford Motor Co. sold to India's Tata Motors Ltd. last year, unveiled the new-generation XJ in London on Thursday. Full story...

A proposed trade pact between South Korea and the European Union is one-sided and could threaten automobile manufacturing in western Europe, a top Ford Motor Co. executive said. Full story...

A proposed trade pact between South Korea and the European Union is one-sided and could threaten automobile manufacturing in western Europe, a top Ford Motor Co. executive said. Full story...

Daimler AG's Mercedes-Benz Cars unit on Friday said it sold 52 percent more cars in China in June compared with a year earlier. Full story...

Ford Motor Co. is focused on cash management with the economy still a major concern rather than the competitive positions of its U.S. rivals who have gone through bankruptcy, Ford's chief financial officer said on Thursday. Full story...