Jun
23rd
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New Toyota Motor Corporation president Akio Toyoda is unlikely to make drastic changes, a Japanese auto analyst has said. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jun
23rd
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Senior executives at two major Japanese automakers have apologised to shareholders for poor financial results and promised improvements. Full story...
Jun
23rd
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PSA Peugeot Citroen said it expects an operating loss of as much as EUR2bn (US$2.8bn) this year on the back of declining sales and the switch to people buying smaller, less profitable cars. Full story...
Jun
23rd
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The US government plans to disclose that Ford, electric vehicle start-up Tesla Motors and Nissan Motor will be among the beneficiaries of a US$25bn loan programme created by Congress to help automakers retool factories for advanced-technology vehicles, the Wall Street Journal reported. Full story...
Jun
23rd
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Automakers are lobbying the European Union to delay an agreed 2011 ban on climate-damaging chemicals in car air conditioners, a letter from auto industry group ACEA shows. Full story...
Jun
23rd
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Consumers taking advantage of the UK's old-for-new scrappage scheme could make a profit of up to GBP1,100 (US$1,800) if they choose the right new car, according to Glass's, publisher of the dealers' price handbook Glass's Guide. Full story...
Jun
23rd
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PSA/Peugeot-Citroen launched a convertible bond to raise up to 575 million euros ($796.8 million) and still expects a 2009 operating loss, though its European sales will fall less sharply than it feared. Full story...
Jun
23rd
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First look inside new Astra roadster, Porsche Panamera driven, new electric Twingo scooped, Mercedes E-Class takes on its rivals
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Jun
23rd
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General Motors India (GMI), will continue to sell vehicles only under the Chevrolet brand, its president and managing director has said. Full story...
Jun
23rd
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Jun
23rd
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Ford Motor Co. will receive nearly $6 billion in U.S. government loans to spur development of fuel efficient vehicles, the U.S. Energy Department said today. Nissan also is getting a $1. Full story...
Jun
23rd
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The U.S. government plans to disclose that Ford Motor Co., Tesla Motors Inc. and Nissan Motor Co. Full story...
Jun
23rd
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With so many dealerships closing, Mini USA says it has become a lot easier to find prime sites for new stores. Full story...
Jun
23rd
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With so many dealerships closing, Mini USA says it has become a lot easier to find prime sites for new stores. Full story...
Jun
23rd
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Billionaire investor Wilbur Ross' International Automotive Components Group expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...
Jun
23rd
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International Automotive Components Group said Monday it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...
Jun
23rd
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Mini will add 17 U.S. stores in the next 18 months, mostly in new markets, the company said. Full story...
Jun
23rd
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Akio Toyoda was approved as the new president of Toyota Motor Corp. today as part of a top management shuffle that elevates a veteran executive to head North American sales. Full story...
Jun
23rd
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Porsche Automobil Holding SE could be running out of options to repair its finances, with Berlin set to reject its request for a state loan and a purported stake sale to Daimler AG unlikely, analysts said on Monday. Full story...
Jun
23rd
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International Automotive Components Group said today it expanded its global automotive carpets and acoustic parts business by purchasing key pieces of insolvent German supplier Stankiewicz. Full story...