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Jun
29th

GERMANY: Opel sitting on large cash pile

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Opel has hundreds of millions of euros in cash, the chairman of the trust overseeing the automaker said on Monday. Full story...
Jun
29th

GERMANY: Worst may be over – Daimler’s Zetsche

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An earnings boost from the launch of the redesigned Mercedes-Benz E-class line has made Daimler more optimistic the worst of the current decline is finally behind it, chief executive Dieter Zetsche told German newspaper Welt am Sonntag. Full story...
Jun
29th

UK: MG Rover report completed

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After four years and expenditure of GBP16m, an official report analysing the events surrounding the demise of MG Rover in 2005 has now been completed. Full story...
Jun
29th

RUSSIA: GM conditions slow Opel sale – paper

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Sberbank and Magna may not finalise a deal to buy Opel as they have not yet agreed to new conditions of the deal outlined by General Motors, the Kommersant business daily reported on Monday. Full story...
Jun
29th

CHINA: Hummer buy approval talks starting

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General Motors and Tengzhong will begin talking with regulators this week in a bid to obtain Chinese government approval for the little known machinery maker to buy the Hummer brand by the end of September, a GM spokesman said today. Full story...
Jun
29th

UK: Tesla opens London showroom

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Tesla Motors has opened its European flagship store in the heart of London's exclusive Knightsbridge district. Full story...
Jun
29th

House bill includes $25B more for fuel-sipping technology

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Federal loans to automakers and suppliers for development of plug-in electric vehicles and other advanced-technology cars would be doubled to $50 billion under a bill passed by the House on Friday night. Full story...
Jun
29th

RUSSIA: GM plant closing till August

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General Motors on Monday (29 June) said it would suspend production at its assembly plant in St. Petersburg from Wednesday until 31 August. Full story...
Jun
29th

SOUTH KOREA: Ssangyong workers injured in weekend clashes

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Workers at Ssangyong Motor Co in South Korea say they will continue to occupy the carmaker's factory in Pyeongtaek, 40 miles (70km) south of Seoul, following weekend clashes with management and fellow employees which led to several injuries. Full story...
Jun
29th

GERMANY/JAPAN: Asahi Glass inks long-term deal with Daimler

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AGC Automotive, the automotive glass division of Tokyo-based Asahi Glass, and Daimler today (29 June) said they have signed a long-term agreement for the development and supply of automotive glazing. Full story...
Jun
29th

INDIA: Mercedes-Benz spending on car factory, dealers

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Mercedes-Benz India is spending INR3bn (US$62.4m) upgrading its car assembly plant in Pune, Maharashtra state, and on strengthening its dealer network nation-wide. Full story...
Jun
29th

2008 Mitsubishi Lancer Evolution MR – Four Seasons Update – June 2009

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2008 Mitsubishi Lancer Evolution MR - Four Seasons Update - June 2009
2008 Mitsubishi Lancer Evolution MR - June 2009 Four Seasons Update - Automobile Magazine
Our affair with a 2008 Mitsubishi Lancer Evolution continues to run the gamut.

Months in Fleet: 10
Mileage to Date: 25,000


Photo Gallery: 2008 Mitsubishi Lancer Evolution MR - June 2009 Four Seasons Update - Automobile Magazine


Full story...
Jun
29th

2010 Subaru Legacy Wallpaper Gallery

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2010 Subaru Legacy Wallpaper Gallery
2010 Subaru Legacy - High Resolution Wallpaper-Quality Photo Gallery - Automobile Magazine
It's easy to identify the Legacy as a Subaru, but the design is generic enough to appeal to most midsize sedan shoppers.

Full story...
Jun
29th

First Drive: 2010 Subaru Legacy

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First Drive: 2010 Subaru Legacy
2010 Subaru Legacy - First Drive Review - Automobile Magazine
Bigger, faster, and more fuel efficient.

Bigger, faster, more fuel efficient


Photo Gallery: 2010 Subaru Legacy - First Drive Review - Automobile Magazine


Full story...
Jun
29th

Hyundai Equus headed for U.S. market, targets Lexus LS sedan:

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Hyundai plans to bring its Equus luxury sedan to the United States next July. Full story...
Jun
29th

Chrysler to build four versions of Fiat 500 for U.S. market:

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Chrysler will build and sell four versions of the tiny Fiat 500 in North America starting in 2011: a hatchback, a convertible, a station wagon and a sporty hatchback. Full story...
Jun
29th

FEATURE: Logistics in Russia highlighted as a strategic necessity

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The Russian car market may be reeling from its first major decline in vehicle sales for nine years, made worse by government taxes and anti-corruption measures, but logistics executives are still looking to improve their service to consumers, the Automotive Logistics Russia conference in Moscow heard last week. Full story...
Jun
29th

Aston Martin gives luxury makeover to Toyota city car:

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Luxury carmaker Aston Martin has forged an innovative alliance with Toyota to develop what could be the world's first luxury city car. Full story...
Jun
29th

GOLDING’S TALK: The clarity of carbon fibre

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Picture this. You take a senior job in the carbon fibre car parts business at Prodrive, and just before Christmas, Subaru announces that it will be pulling out of the World Rally Championship. Full story...
Jun
29th

GOLDING’S TALK: The weakness of carbon fibre

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Picture this. You take a senior job in the carbon fibre car parts business at Prodrive, and just before Christmas, Subaru announces that it will be pulling out of the World Rally Championship. Full story...
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