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Jun
23rd

Toyota, Nissan vow to do better

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Toyota Motor Corp. and Nissan Motor Co. promised shareholders they would do better to recover from the worst industry downturn in a generation, each focusing on different types of cleaner cars to steer their revival. Full story...
Jun
23rd

Ford hopes for more technology loans from feds

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Ford Motor Co. executives are hoping for billions of additional dollars in government technology loans if congressional efforts to double the amount of money are successful. Full story...
Jun
23rd

Nissan eyes 100,000 unit EV capacity in Tennessee

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Nissan Motor Co. CEO Carlos Ghosn, with a $1.6 billion U.S. loan commitment in hand, wants capacity to build more than 100,000 electric vehicles a year in Tennessee as early as 2011. Full story...
Jun
23rd

U.S. loan will help Nissan build huge battery plant in Tenn.

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A big chunk of the $1.6 billion loan that Nissan North America received from the federal government today will pay for a lithium ion battery plant that is at least 1 million square feet. Full story...
Jun
23rd

Obama urges passage of greenhouse bill

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President Barack Obama urged the House to pass a greenhouse gas emissions bill that would require the federal government to help automakers retool to make plug-in electric vehicles. Full story...
Jun
23rd

Ford, Nissan, Tesla get loans from Energy Department for electric cars:

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An electric Ford Focus, Tesla’s Model S sedan and a five-seat electric Nissan are among the cars that $8 billion in loans from the U.S. Full story...
Jun
23rd

Ford and Nissan get a green boost, and Buick gets a four-banger, in News Brake for Tuesday, June 23:

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In today's News Brake: Ford, Nissan and Telsa get government help to get greener; Mini is growing; and Buick's new LaCrosse comes with four-cylinder power ... But Wait, There's More! Full story...
Jun
23rd

Deadline passes with no new bids for GM

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No other company submitted a competing offer to the U.S. Treasury Department's bid to buy the healthy assets of General Motors from Chapter 11 protection, GM spokeswoman Julie Gibson confirmed today. Full story...
Jun
23rd

GM bidding deadline passes with no new offers

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No other company submitted a competing offer to the U.S. Treasury Department's bid to buy the healthy assets of General Motors from Chapter 11 protection, GM spokeswoman Julie Gibson confirmed today. Full story...
Jun
23rd

UAW in talks with Ford on competitiveness

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The UAW is in ongoing talks with Ford Motor Co. aimed at ensuring the No. 2 U.S. automaker remains competitive with its domestic rivals that have been reorganized with federal funding, a union official said today. Full story...
Jun
23rd

AUSTRALIA: ESC to be mandatory from 2011

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General Motors' Australian unit Holden has welcomed the federal government's decision to introduce a new Australian Design Rule making electronic stability control (ESC) mandatory on all new passenger cars and SUVs. Full story...
Jun
23rd

US: Sirius XM agrees offer for used VW buyers

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Sirius XM Radio and Volkswagen will include introductory three-month trial satellite radio packages to buyers of 'certified' used vehicles in the US as the heavily-indebted radio company looks for new sources of growth. Full story...
Jun
23rd

US: ZF and ISE sign electric hybrid drive MoU

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ZF Friedrichshafen (ZF) and ISE Corporation (ISE ), a designer and manufacture of hybrid propulsion systems and components for heavy duty vehicles, have announced plans to collaborate on the development and supply of a complete line of parallel-electric hybrid drive systems and components for the North American vehicle markets. Full story...
Jun
23rd

RUSSIA: Kamaz suspends production till July

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Kamaz has suspended operations of its main production line until July 6, the company has said. Full story...
Jun
23rd

UK: Automakers’ group welcomes government low-CO2 funding

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The UK's Society of Motor Manufacturers and Traders (SMMT) has welcomed the announcement that GBP25m in government funding has been allocated to the winners of the Technology Strategy Board's (TSB) ultra low carbon vehicle demonstrator competition. Full story...
Jun
23rd

JAPAN: Nissan targets US for electric car push

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Nissan Motor plans to produce 100,000 electric cars a year in the US, a news report said today, as it looks to launch EVs in its largest export market next year. Full story...
Jun
23rd

INDIA: Government wants energy labels on cars

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In an initiative aimed at helping energy conservation, India's power secretary has said the government wants to make energy efficiency labelling mandatory for cars by August. Full story...
Jun
23rd

JAPAN: Isuzu mulls GM parts deal

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Isuzu Motors is in discussion to increase the supply of Isuzu truck parts to GM operations in South America, a report said today. Full story...
Jun
23rd

US: Vehicle sales now stable – Hyundai chief

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US vehicle sales are now stable at low levels but could improve slightly in the fourth quarter, Hyundai Motor's top US executive has said. Full story...
Jun
23rd

US: Lexus tops 2009 JD Power quality survey

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New vehicles sold by Chrysler, Ford and GM's domestic US brands have improved in initial quality by an average of 10%, compared with 2008, surpassing the 8% rate of improvement by the industry overall, the 2009 JD Power and Associates 2009 initial quality survey showed. Full story...
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