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Jul
7th

CHINA: Toyota H1 sales flat as June rises

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Toyota said on Tuesday its vehicle sales in China in the first half of 2009 were roughly the same as a year earlier. Full story...
Jul
7th

JAPAN: Toyota said to have axed diesel deal with Isuzu

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Toyota Motor has called off a joint project with Isuzu Motors to develop a 1.6 litre diesel engine for small vehicles for the European market due to the likelihood of low profitability amid the recession, informed sources were quoted as saying on Tuesday. Full story...
Jul
7th

CHINA: BAIC Opel bid ‘faces long odds’ – magazine

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State-owned Beijing Automotive (BAIC) faces long odds in its bid to buy Opel, as China remains wary of firms taking over foreign automakers, according to influential Chinese magazine Caijing. Full story...
Jul
7th

RUSSIA: Toyota Russia sales down 57% in H1

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Toyota sales in Russia decreased 57.2% year-on-year to 38,000 vehicles in the January-June period, the company has said in a statement. Full story...
Jul
7th

VIETNAM: H1 sales down but June holds up

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Car sales in Vietnam dropped 30% in the first half from a year earlier to 47,909 vehicles, as a weakening economy hit demand, according to the Vietnam Automobile Manufacturers Association. Full story...
Jul
7th

RUSSIA: Putin meets Opel’s labour union head

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Russian Prime Minister Vladimir Putin met Tuesday with Berthold Huber, head of IG Metall, the labour union that represents Opel workers in Germany, according to Russian media reports. Full story...
Jul
7th

GERMANY: Fiat and Bosch talk electric engines – report

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Fiat and Bosch are in talks about the electric engine developed by Bosch, according to German media reports. Full story...
Jul
7th

SWEDEN: Autoliv eyes Asia growth

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Autoliv says its sales will grow in China and India in 2009, despite declining by around a quarter overall. Full story...
Jul
7th

Ferrari F450 spied

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Best shots yet of a prototype for Ferrari's F430 replacement


Full story...
Jul
7th

JAPAN: Toyota pulls out as Japanese GP host

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Toyota has confirmed reports that it will pull out of hosting the Japanese Grand Prix at its Fuji Speedway circuit from next year. Full story...
Jul
7th

CHINA/GERMANY: BAIC plans China Opel factory, Antwerp closure

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Beijing Automotive Industry Corporation plans to build a US$2bn Opel factory in China and close the carmaker's Antwerp plant in Belgium if its bid for General Motors' European unit is successful, the Financial Times reported, citing people close to the situation. Full story...
Jul
7th

FRANCE: PSA group H1 sales off 14%

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PSA Peugeot Citroen sold 1,587,000 new vehicles and CKD kit units, down 14% year on year from 1,845,000 in 2008, in a first half of 2009 that saw a sharp decline in automobile markets worldwide, with Europe down 14.4%, Russia down 48.9% and Latin America down 12.6%. Full story...
Jul
7th

GM Opens New Battery Research Facility

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GM Opens New Battery Research Facility
GM Opens Battery Lab - Global Battery Systems Lab - Automobile Magazine
The new facility greatly expands GM's battery research and development capabilities, and will help expedite the introduction of GM's electric fleet.

In January during the 2009 Detroit Auto Show, then GM Chairman Rick Wagoner took center stage with a near-production version of the 2011 Chevrolet Volt and the Volt's battery array. Well, now Rick is out, but the battery lab he announced opened recently at the company's Technical Center in Warren, Michigan. The new facility greatly expands GM's battery research and development capabilities, and will help expedite the introduction of GM's electrically-driven fleet.


Photo Gallery: GM Opens Battery Lab - Global Battery Systems Lab - Automobile Magazine


Full story...
Jul
7th

US: Lear files for Chapter 11 with lender support

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Bankrupt auto seat and electrics specialist Lear Corporation on Tuesday said it had received the support it needed from bank lenders and bondholders to progress with its restructuring plan and had filed for Chapter 11 bankruptcy protection in New York. Subsidiaries outside the US and Canada were not included. Full story...
Jul
7th

JAPAN: Imported vehicle sales dip again

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Sales of new imported vehicles in Japan fell 18.7% year on year last month to 18,698 units, including those made by Japanese automakers overseas, extending their losing streak to a 14th month, an industry body said. Full story...
Jul
7th

”Rides for Wishes” at Parc Jean-Drapeau in Montreal

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Join us on September 26th, 2009 at Parc Jean-Drapeau, on the beautiful Ile Notre-Dame in Montreal for this premier event. Rides for Wishes will host the event of the season that will make wishes come true. Full story...
Jul
7th

Video: 75th anniversary of the famous Silver Arrow

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For 75 years, the words Mercedes-Benz and "Silver Arrow" have been inseparably connected to each other. The era of the Silver Arrow started 1934 with the Formula Racing car W25. The models W125, W154 and W196 then followed. Full story...
Jul
7th

Zipcar : First All-Electric Car-Share Pod

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Zipcar, Inc., the world's largest car sharing service, today announced its first Electric Vehicle Pod, including an all-electric vehicle (EV) Citroen c1 and a plug-in hybrid (PHEV) Toyota Prius. The vehicles stationed at the EV Pod are among the most efficient and technologically advanced on the road today and are available to members by the hour for a fraction of the cost of owning one. Full story...
Jul
7th

Honda Canada : Socially Responsible Corporation

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Honda Canada Inc. has been named one of Canada's "Fifty Most Socially Responsible Corporations" in a Jantzi-Maclean's Corporate Responsibility Report 2009. The report appeared in a recent issue of Maclean's magazine. Full story...
Jul
7th

F1: Bernie Ecclestone-Hockenheim meeting to go ahead

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After describing the outrage sparked by his Hitler comments as a "big misunderstanding" in the German press, Bernie Ecclestone has now turned to the English-speaking media to apologise for the affair. Full story...
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