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Jun
11th

Chevrolet Corvette No. 1.5 million rolls off the line:

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The Chevrolet Corvette, one of top icons of America autos, has hit another milestone--1.5 million units built. Full story...
Jun
11th

US: GM axes Malibu hybrid

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General Motors has axed the slow-selling hybrid-electric version of its Chevrolet Malibu sedan for the 2010 model year and is unlikely to resume production for retail buyers. Full story...
Jun
11th

US: Bankruptcy judge wants more Delphi asset bids

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Delphi has been ordered to open up the sale of its assets to other potential bidders who could compete with an offer from private equity firm Platinum Equity. Full story...
Jun
11th

SOUTH KOREA: LG Chem starts on new Li-Ion cell plant

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LG Chem has said it will spend a trillion won (about US$800m) on a new factory to produce secondary cells for energy-saving cars. Full story...
Jun
11th

CHINA/US: New bidder emerges for Volvo Cars

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Beijing Automotive Industry Holding (BAIC) has shown interest in buying Ford's Volvo car unit, according to media reports. Full story...
Jun
11th

US: Former Michigan governor named to Chrysler board

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The trustees of the Voluntary Employee Beneficiary Association (VEBA) for retired UAW-represented workers at Chrysler have named James Blanchard as a director of Chrysler Holding. Full story...
Jun
11th

US: Government will exit automakers only when viable

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No specific timetable exists for the government to relinquish stakes in General Motors and Chrysler, a top US official has said. Full story...
Jun
11th

UK: Fiat-Chrysler alliance ‘of little benefit to Fiat’

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The Fiat-Chrysler alliance yields little potential strategic benefit for the Fiat Group, according to an equities analyst who spoke to just-auto today. Full story...
Jun
11th

FRANCE: ‘Buyer found’ for Heuliez

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French newspaper Les Echos reported today that a potential buyer has emerged for ailing niche manufacturer Heuliez. Full story...
Jun
11th

China’s Beijing Auto cited as another potential Volvo bidder

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Beijing Automotive Industry Holding Corp. is interested in buying Ford Motor Co.'s Volvo car unit, the Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand. Full story...
Jun
11th

China’s Beijing Auto interested in Volvo, report says

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Beijing Automotive Industry Holding Corp. is interested in buying Ford Motor Co.'s Volvo car unit, the Wall Street Journal reported, adding a new name to a list of potential Chinese bidders for the Swedish luxury car brand. Full story...
Jun
11th

US: Press named Marchionne’s deputy at Chrysler

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After formalising its alliance with Fiat, Chrysler has announced a new "leaner, flatter" organisational structure "intended to restore brand promise and dealer confidence". Full story...
Jun
11th

Ferrari F450

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Striking new F430 replacement boasts aero updates along with F1-inspired technology


Full story...
Jun
11th

Toyota sees 25,000 U.S. sales of new Lexus hybrid

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Toyota Motor Corp. expects to sell about 25,000 of its all-new dedicated hybrid car for the Lexus premium brand in the United States in the first 12 months of its sale, an executive said on Wednesday. Full story...
Jun
11th

Ford’s Transformation Plan

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Ford President and CEO Alan Mulally today commented that, as part of Ford's transformation plan, the company remains committed to improving the balance sheet and reducing debt. The company, however, has no current plans to issue additional equity. Full story...
Jun
11th

Le Mans 24h: Audi are quickest, Peugeot in long distance mode

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The sole practice session of the 24 Hours of Le Mans held Wednesday night started off on a dry track. The six hours of free practice provided a pretty good idea of what Thursday qualifying sessions will look like: a fierce battle between Peugeot and Audi, with Pescarolo and Aston Martin fighting for third place. Full story...
Jun
11th

The BMW Group sets out its philosophy on safety at the ESV conference

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The ESV Conference (International Technical Conference on the Enhanced Safety of Vehicles) is the world's largest and most important conference focusing on the issue of vehicle safety. The 2009 event will take place on 15 - 18 June in the new conference centre in Stuttgart, Germany under the title "Reinventing Safety: Putting Advanced Technology to Work". Full story...
Jun
11th

F1: Max Mosley meets Formula 1 teams as deadline looms

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In what is no doubt an eleventh-hour effort to stave off disaster, FIA president Max Mosley is meeting with the FOTA teams in London on Thursday. Full story...
Jun
11th

Rolls-Royce Ghost will Deliver Impeccable Poise

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Rolls-Royce Motor Cars will ensure that the new Ghost model delivers peerless riding dynamics by making use of the very latest developments in chassis engineering. Full story...
Jun
11th

Quarter mile in 12.65 seconds for a 1953 Volkswagen Van

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As a great demonstration of Volkswagen's legendary durability, a 56-year old Transporter van has just achieved a top speed of 102.84 mph and done the quarter mile sprint at the Santa Pod racetrack in a time of 12.65 seconds. Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up van, insurance you can rely on is a must.
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