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Jun
12th

VW bucks global slump, posts May sales gain

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A rejuvenated model range led by its new sixth-generation Golf helped Volkswagen AG outperform its competitors in May and grab more share of the world's car market, Europe's largest automaker said on Friday. Full story...
Jun
12th

Volkswagen bucks global car slump, posts May gain

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A rejuvenated model range led by its new sixth-generation Golf helped Volkswagen AG outperform its competitors in May and grab more share of the world's car market, Europe's largest automaker said on Friday. Full story...
Jun
12th

SOUTH AFRICA: Union takes GM to court over jobs

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South Africa's metal workers' union has said it is taking GM's South African subsidiary to the country's Labour Court to force it to rehire workers laid off since April. Full story...
Jun
12th

POLAND: Car market down 3.2% in May

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Poland's car market declined by 3.2% year-on-year in May to 25,328 units according to the Samar Institute. Full story...
Jun
12th

RUSSIA: Car maker eyes new global positioning technology

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AvtoVAZ and the Russian Institute of Space Device Engineering (RISDE) are studying the possibility of installing GLONASS equipment in Lada cars, the automaker said in a statement. Full story...
Jun
12th

SLOVAKIA: Kia plans ramp-up for new Cee’d

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Kia is planning to relaunch eight-hour shifts at its plant near Zilina, Slovakia, as it prepares to ramp-up production on the new Cee'd model. Full story...
Jun
12th

NORWAY: Volvo Truck delivers ‘world’s strongest truck’

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Volvo Truck says it has delivered the world's most powerful series-manufactured truck to a customer in Norway. Full story...
Jun
12th

SWEDEN: Koenigsegg tipped to buy Saab

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Swedish supercar producer Koenigsegg and a consortium of Norwegian investors are in exclusive negotiations to buy General Motors's Saab division, according to media reports citing people close to the talks. Full story...
Jun
12th

UK: Magna team to inspect Vauxhall

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A team from Magna International, the supplier and contract vehicle assembler currently negotiating to buy General Motors' Opel and Vauxhall units, will arrive in the UK on Monday (15 June) to inspect Vauxhall's operations and books to see if the unit is viable. Full story...
Jun
12th

US: Ford has no plans to issue more equity

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Ford remains committed to improving its balance sheet and reducing debt but has no current plans to issue additional equity, president and CEO Alan Mulally said in a statement. Full story...
Jun
12th

Hybrid Continental on the way?

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Spy Shots reveal a raft of new mechanicals on show, with electric motors working in tandem with petrol engine
Full story...
Jun
12th

Bentley Continental hybrid?

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Spy Shots reveal a raft of new mechanicals on show, with electric motors working in tandem with petrol engine
Full story...
Jun
12th

FEATURE: Sounds for driving

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There's a lot more to car noise than you might think. Some noises are pleasurable, some not, while some have become downright necessary for pedestrian safety. It's a subject that is now coming onto regulators' radar screens due to the potential hazards of 'silent running' with electric drive vehicles. And as Colin Peachey, a chief engineer with Lotus, tells Dave Leggett, there is also the rather ticklish issue of 'lightsaber collective consciousness' to consider when adding sound to EVs. Full story...
Jun
12th

Supplier Martinrea to raise $44 million from equity sale

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Auto parts maker Martinrea International Inc. said it plans to sell shares at a discount to raise working capital, a day after it said all receivables from General Motors and Chrysler were being paid on time. Full story...
Jun
12th

German state premier optimistic on Magna’s Opel deal

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The premier of the eastern German state of Thuringia, Dieter Althaus, said on Friday he is believes that Canadian auto parts group Magna International Inc.'s takeover plans for carmaker Opel would go through. Full story...
Jun
12th

Auto supply chains are wary during bankruptcies

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Transplant automakers remain vulnerable to supply chain interruptions caused by the General Motors and Chrysler LLC bankruptcies, and are keeping in close communications with their suppliers. Full story...
Jun
12th

Mercedes’ May sales up 86% in China

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Daimler AG's Mercedes-Benz unit said on Thursday it sold 86 percent more cars in China in May, posting record monthly sales for a third straight month. Full story...
Jun
12th

Germany talks to potential Opel investors, even after Magna deal

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Germany is still talking to potential investors in carmaker Opel which have not been made public, German Economy Minister Karl-Theodor zu Guttenberg said today. Since reaching a preliminary agreement with Canada's Magna International Inc. Full story...
Jun
12th

WRC: End day one: Hirvonen handed Acropolis lead

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Ford driver Mikko Hirvonen found himself the reluctant leader of the Acropolis Rally tonight after a last stage mistake from his team-mate and a shrewd tactical move from Citroen. Full story...
Jun
12th

Saab to remain in Swedish hands

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While the news has yet to be made official, all signs point to Saab being purchased from General Motors yet remaining in Swedish hands. Domestic manufacturer Koenigsegg, specialized in ultra-premium sports cars, just signed a Letter of Intent (LoI) with the support of the Swedish government, as reported. Full story...
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