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Jul
9th

RUSSIA: Ford keeps Russia output under review

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Ford will continue revising output plans at its Russian plant because of the unfavourable market situation, a senior executive has said. Full story...
Jul
9th

More drama in F1 and details on the new Jaguar XJ, in News Brake for Thursday, July 9:

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In today's News Brake: The FIA and FOTA are at it again; Peugeot is back this fall in ALMS: and the lowdown on the new Jaguar XJ...But Wait, There's More! Full story...
Jul
9th

RUSSIA: LCVs added to rail subsidy scheme

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Light commercial vehicles (LCVs) have been included in the Russian government's programme to compensate the cost of transporting domestically produced cars to the country's eastern extremes by rail. Full story...
Jul
9th

CHINA: Now GM sees a 20% rise

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General Motors now expects its vehicle sales in China to grow by more than a fifth this year. Full story...
Jul
9th

TURKEY: Vehicle production still falling

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Turkish passenger car output fell 15.1% year-on-year in June and total automotive production dropped 24.6% according to the OSD. Full story...
Jul
9th

2009 Mercedes Benz SLR McLaren Stirling Moss

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2009 Mercedes Benz SLR McLaren Stirling Moss
2009 Mercedes Benz SLR McLaren Stirling Moss - Final Edition SLR - Automobile Magazine
So, what does Sir Stirling think of his namesake?

Since its 2004 introduction, the Mercedes-Benz SLR McLaren has attempted to trade off the glory of the legendary W196S 300SLR racing cars of the 1950s. For the SLR's final run of seventy-five cars, Mercedes has crafted a whole new body for its supercar, creating the most evocative variant yet. Adding the name of another legend associated with Mercedes racing history, the final edition is called the SLR Stirling Moss.


Photo Gallery: 2009 Mercedes Benz SLR McLaren Stirling Moss - Final Edition SLR - Automobile Magazine


Full story...
Jul
9th

CHINA: Locally made car sales soar 36.5%

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Sales of China's domestically made cars rose 36.5% year on year in June, another sign that government stimulus measures were driving the sector's recovery, state media said on Thursday. Full story...
Jul
9th

FRANCE: Renault readies Kangoo EV

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An affordable range of electric vehicles, from city car to family hatchback as well as a light commercial vehicle. That's Renault's green motoring plan for 2012 and the French manufacturer is already demonstrating the first of these vehicles ahead of its showroom launch next year. Full story...
Jul
9th

SLOVAKIA: Kia expansion gets tax break

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A Slovak government incentive package worth EUR28m for five investment projects includes Kia Motors' EUR110.5m planned investment. Full story...
Jul
9th

Vested interests drag out Magna’s Opel takeover

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Reaching a deal to acquire General Motors' European unit Opel in just a few weeks was never going to be easy for Canada's Magna International Inc. Full story...
Jul
9th

GERMANY: Magna remains Opel front runner

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Magna and Russian partners will surely win the bid for Opel, IG Metall trade union head Berthold Huber has said. Full story...
Jul
9th

HONG KONG: Former Brilliance chief hatches ‘clean’ car plan

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A Chinese auto tycoon who fled the country after being accused of economic crimes is preparing an ambitious plan to make clean-tech cars in the United States, a report said. Full story...
Jul
9th

Chrysler residuals rise after quick bankruptcy exit

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The Automotive Lease Guide bumped up residual values for all three Chrysler brands in July, primarily because of the automaker's rapid exit from bankruptcy. Full story...
Jul
9th

GM Europe sales fall 20% in second quarter

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General Motors Europe's new-car sales fell 20 percent to 471,823 in the second quarter, compared with a decline of 18 percent for the industry, the carmaker said on Thursday. Full story...
Jul
9th

Q&A: Revolve Technologies

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UK-based engineering firm Revolve Technologies was formed by an MBO in 2007 when Roush Industries (an engineering arm of the Roush empire that is perhaps best known for Roush Racing and NASCAR) decided to divest its European operations. Revolve says it has a diverse portfolio of multi-tier automotive and non-automotive clients across a broad spectrum of industries including car and commercial vehicles, transportation, infrastructure, agriculture, defence and energy. Dave Leggett recently spoke to John Mitchell, Managing Director, and Chairman Andrew Williams, to find out more about the business. Full story...
Jul
9th

US: Delphi may draw up to four bids – reports

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As many as four separate bids are expected to be submitted tomorrow for bankrupt Delphi, including billionaire investor Carl Icahn, a US newspaper said on Thursday. Full story...
Jul
9th

Denso to cut up to 800 jobs at Hungary plant

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Japanese car parts supplier Denso Corp will lay off up to 800 workers at its Hungarian plant by the end of September, national news agency MTI reported on Thursday, citing the company. Full story...
Jul
9th

ITALY: New car sales will match 2008’s – minister

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Italy's 2009 new car sales will match those of last year, the industry ministry has said, predicting a second half bounce after a 10.7% fall in the first half. Full story...
Jul
9th

Czech President Klaus vetoes car scrap subsidy

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Czech President Vaclav Klaus vetoed a law on Thursday introducing a subsidy for buying new cars in turn for scrapping old ones. Full story...
Jul
9th

GERMANY: CDU politicians say all Opel bids deserve consideration

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Senior German politicians from the CDU political party have provided some support for alternative - to Magna - bids for Opel. Full story...
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