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Jun
16th

Supplier Cooper-Standard seen as Chapter 11 risk

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Cooper-Standard Automotive Inc. was flagged today by Standard and Poor's as yet another Tier 1 auto supplier facing a potential Chapter 11 filing. Full story...
Jun
16th

GM CEO: ‘Cash-for-clunkers’ bill could provide lift:

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The proposed “cash-for-clunkers” legislation could provide a boost for new-car sales, while Saab’s problems ultimately boiled down to money, General Motors CEO Fritz Henderson said on Tuesday. Full story...
Jun
16th

GM CEO: ‘Cash-for-clunkers’ bill could provide lift for industry:

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The proposed “cash-for-clunkers” legislation could provide a boost for new-car sales, while Saab’s problems ultimately boiled down to money, General Motors CEO Fritz Henderson said on Tuesday. Full story...
Jun
16th

U.S. House expected to pass new cash-for-guzzlers bill

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The House today is expected to pass a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles, congressional staff members said. Full story...
Jun
16th

U.S. House passes scaled-back cash-for-guzzlers plan

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The U.S. House narrowly passed a scaled-back version of a bill that would give consumers cash vouchers of between $3,500 and $4,500 if they trade in their cars for newer, more fuel-efficient vehicles. Full story...
Jun
16th

2009 Toyota RAV4 4×4

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2009 Toyota RAV4 4x4
2009 Toyota RAV4 4x4 - Toyota Crossover SUV Review - Automobile Magazine
It's competent, to be sure, but it seems to have lost some character.

Sometimes, even when you work at Automobile Magazine, you don't care if a car is fast or good looking, if it's refined or luxurious, or if its seats have the right amount of bolstering. You just want it to get you home. That's exactly the sort of mood I was in when I emerged from the office last week around midnight, eyes bleary from proofreading articles for the upcoming issue (it's a good one). It was a cold, rainy night, and I was glad to have the keys to a Toyota RAV4.


Photo Gallery: 2009 Toyota RAV4 4x4 - Toyota Crossover SUV Review - Automobile Magazine


Full story...
Jun
16th

Delphi gets OK to access $250 million from GM

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Delphi Corp. today received final approval to tap former parent General Motors for access to $250 million in funding that is expected to support the supplier until it can emerge from nearly four years of bankruptcy. U.S. Full story...
Jun
16th

Pony cars gallop toward NASCAR, and Mini thinks upscale, in News Brake for Tuesday, June 16:

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In today's News Brake: Ford and Chrysler herd their pony cars toward NASCAR; Koenigsegg buys Saab from GM; and Mini is thinking about going upscale ... But Wait, There's More! Full story...
Jun
16th

Magna bringing more work back in-house, executive says

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Even as Magna International Inc. Full story...
Jun
16th

Ultimate Outdoors Truck: 2009 Ford F-250 Cabela’s Edition 4×4 Crewcab

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Ultimate Outdoors Truck: 2009 Ford F-250 Cabela's Edition 4x4 Crewcab
2009 Ford F-250 Cabela's Edition - Ford Fullsize Pickup Truck Review - Automobile Magazine
The Ford F-250 Cabela's Edition Super Durty is big, expensive, and a great way to get Dad to his favorite hunting or fishing spot.

Ford's strongest brand is the F-series. Big pickup trucks continue to sit at the top of the sales charts and fetch large profits. Cabela's is a giant in the outdoor goods retail business and trucks play a large role in outdoor recreation, so it doesn't take a genius to realize that Ford cherishes its role as the official truck of Cabela's. The Cabela's Edition F-250 and F-350 Super Duty trucks are the pinnacle of that relationship.


Photo Gallery: 2009 Ford F-250 Cabela's Edition - Ford Fullsize Pickup Truck Review - Automobile Magazine


Full story...
Jun
16th

U.S. denies suppliers’ request for more aid, trade group says

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The U.S. auto task force has shot down suppliers' request for $8 billion to $10 billion in additional federal aid, said Neil De Koker, president of parts trade group Original Equipment Manufacturers Association. Full story...
Jun
16th

ITALY: EIB lends Fiat EUR400m

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The European Investment Bank (EIB) and Fiat Group have signed a loan agreement for EUR400m in a deal approved by bank directors in March. Full story...
Jun
16th

INDIA: Nano platform to underpin electric and hybrid cars

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Tata Motors plans to use the Nano platform to build electric and hybrid cars, Tata Group said in a report of its innovations. Full story...
Jun
16th

ITALY: Fiat eyes 10% Europe share

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Fiat is eyeing a 10% European market share despite unfavourable market conditions, chairman Luca Cordero di Montezemolo said on Tuesday. Full story...
Jun
16th

UK: VW Golf dominates Europe market

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Sales of Volkswagen's Golf were up 32.1% year on year last month in a European new car market down 13.1% year-to-date. Full story...
Jun
16th

INDONESIA: PT Astra car sales ‘signal industry recovery’

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Indonesia's largest car producer, PT Astra International, achieved a 9.5% increase in car sales in May compared to April, indicating demand has begin to pick up in line with economic recovery, according to a report in The Jakarta Post. Full story...
Jun
16th

Which GM brand do consumers want saved?

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General Motors is looking to sell three brands and kill off one, Pontiac. And which brand was overwhelmingly named by consumers in a recent survey as the one they'd like to live on? Pontiac. Full story...
Jun
16th

CHINA: Tengzhong targets ‘fuel-efficient’ Hummer

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Chinese media reports say that Sichuan Tengzhong Heavy Industrial Machinery Co., the company lined up to take Hummer off GM's hands is targeting US sales and a more fuel-efficient model. Full story...
Jun
16th

RUSSIA: Vehicle output off 63.6% this year

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Russia's vehicle output fell 63.6% on the year to 271,997 units in January-May, according to ASM Holding. Full story...
Jun
16th

GM agrees to sell Saab to supercar company Koenigsegg :

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General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. Full story...
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