Jun
16th
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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...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jun
16th
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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
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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
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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
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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
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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
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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
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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
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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...
Jun
16th
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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...
Jun
16th
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Autoliv says it has developed a new high performance reversible pre-pretensioner system for seatbelts that resets itself automatically after triggering, enhancing safety in multiple impact collisions. Full story...
Jun
16th
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Michelin could cut up to 1,500 jobs in France, according to a report in Le Monde. Full story...
Jun
16th
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The US Bankruptcy Court in Delaware has authorised Hayes Lemmerz International, which filed for Chapter 11 bankruptcy protection last month, to obtain post petition secured financing of up to US$100m of new liquidity to fund operations. Full story...
Jun
16th
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Nissan Motor and Toyota are again employing short-term factory workers in Europe to boost their small car output, the Nikkei business daily reported on Tuesday. Full story...
Jun
16th
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Automakers can achieve 2016 U.S. fuel-economy rules, but environmental progress beyond that will take cooperation between the government, industry and others, Ford Executive Chairman Bill Ford said. Full story...
Jun
16th
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A top union official at Hyundai Motor has said he will resign over what is believed to be a dispute with other unionists over changes in the shift system and working hours. Full story...
Jun
16th
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Chrysler Group has built its first vehicles since the automaker filed for bankruptcy on 30 April. Full story...
Jun
16th
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Data released by the European vehicle makers' association ACEA shows that the car market in Europe was down just 4.9% year-on-year in May. Full story...
Jun
16th
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General Motors' former global purchasing boss, Bo Andersson, who quit GM abruptly last Friday, the first senior executive to leave since the company filed for bankruptcy protection, will become chairman of GAZ, the carmaker owned by Russian billionaire Oleg Deripaska. Full story...
Jun
16th
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Buyers of million-dollar supercars made by Koenigsegg, which has agreed to buy General Motors' Saab brand, often take private jets to the Swedish automaker's headquarters -- a former home for Saab Gripens planes. Full story...