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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

THAILAND: Vehicle production to fall by a third in ’09

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The Federation of Thai Industries (FTI) has said it has revised down its 2009 vehicle production target to 940,000 units, a 32.6% drop from 2008. 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...
Jun
23rd

Honda Manufacturing’s Jutte to resign July 24

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Larry Jutte, the American Honda manufacturing executive who helped oversee production of nearly 700,000 vehicles and $19.5 billion in purchasing spending last year, will leave the company next month after 24 years. Full story...
Jun
23rd

Honda Manufacturing’s Larry Jutte to resign July 24

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Larry Jutte, the American Honda manufacturing executive who helped oversee production of nearly 700,000 vehicles and $19.5 billion in purchasing spending last year, will leave the company next month after 24 years. Full story...
Jun
23rd

Coda Automotive taps Droga5 as agency of record

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Plug-in electric carmaker Coda Automotive has hired Droga5, New York, as its agency of record, marking the independent hot shop's entry into the category. Full story...
Jun
23rd

SOUTH KOREA: Ssangyong strike continues

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There is little sign this week of any end to a strike that is crippling Ssangyong. As the strike drags on, revenue losses are mounting with some observers speculating that liquidation of assets is getting closer. Full story...
Jun
23rd

US: Mini to boost dealerships by 20%

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Mini USA has said it will expand its 83-strong American dealer network by 20% during the next 18 months to 100 outlets nationwide. Full story...
Jun
23rd

Nissan’s Ghosn sees no sign of market rebound

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Nissan Motor Co. CEO Carlos Ghosn says the U.S. auto market has finally hit bottom but warns that there are still no signs of recovery. "In the United States, the market has stopped declining," he said. Full story...
Jun
23rd

JAPAN: New Toyota management team announced

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Toyota Motor Corporations's new president Akio Toyoda, grandson of the company's founder, is part of a new management team that includes four new executive vice presidents and eight new board members. Full story...
Jun
23rd

Saab’s future could be bright:

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Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team. Full story...
Jun
23rd

Fiat plans temporarily layoffs at Sicily plant

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Fiat S.p.A. plans to temporarily lay off workers at its Termini Imerese plant, near Palermo, Sicily, from July 22 to Aug. 2, a source close to the company said on Tuesday. Full story...
Jun
23rd

Porsche Spyder returns!

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All-new entry-level Porsche will share its platform with the VW Bluesport and takes inspiration from original 550 Spyder
Full story...
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