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Jun
4th

INDIA: Nano may be available in US by 2011

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The Nano may be available in the US within two years, the chairman of the car's owner Tata Motors has said. Full story...
Jun
4th

INDONESIA: Vehicle sales fall 34% in May

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New vehicle sales in Indonesia declined by 34.4% in May to 32,500 units, compared with 49,561 units a year earlier, according to preliminary data released by PT Toyota Astra Motor - Toyota's local distributor. Full story...
Jun
4th

US: AAM hit by GM shutdowns

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American Axle & Manufacturing (AAM) has been told by the New York Stock Exchange that it has regained compliance with NYSE's continued listing standards. The company also said that the recent production shutdowns by GM and Chrysler could hit sales by hundreds of millions of dollars. Full story...
Jun
4th

UK: Fiat-PSA tie-up brings ‘more negatives than positives’ – analyst

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Now that Fiat has apparently lost out in the bidding for Opel/Vauxhall, speculation has risen concerning alternative strategies that Fiat might employ to become part of a carmaking group with bigger scale. PSA Peugeot Citroen is in the frame again. Full story...
Jun
4th

Startup automaker Coda launches EV venture

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Yet another neophyte manufacturer has thrown its hat into the electric-vehicle ring. Full story...
Jun
4th

Chevrolet Viva is spied, set to replace Aveo:

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The lowest rung on the Chevrolet car ladder currently is home to the Aveo. But that car is scheduled to be replaced midway through 2010 with a new model. Full story...
Jun
4th

Ford commits $125 million to Visteon

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Ford Motor Co. has agreed to provide at least $125 million of financing to support former parts unit Visteon Corp.'s restructuring under Chapter 11 bankruptcy protection, Visteon said today. Full story...
Jun
4th

1936 Bugatti could break Ferarri auction record:

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A 1936 Bugatti Type 57C coupe, built as a gift for Ettore Bugatti, will be on the block at Gooding and Co.’s auction during the Pebble Beach Concours d’Elegance this August. Full story...
Jun
4th

INDIA: Mann + Hummel invests in Indian production

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Mann + Hummel, the German filter company, has announced plans to open a second plant in India via a joint venture with Bosch. Full story...
Jun
4th

Sberbank may resell Opel stake in Russia

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Russia's Sberbank may resell its stake in Opel to a Russian investor in the future, its head said on Thursday. CEO German Gref said Sberbank and its partner in the winning consortium for Opel, Magna International, will commit 500 million euros($708. Full story...
Jun
4th

Russia’s Sberbank and Magna to give Opel 500M euros

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Russia's Sberbank and iMagna International will give Opel a 500 million euro ($708.4 million) cash injection to help the automaker save jobs while totally restructuring its assets abroad. Full story...
Jun
4th

Don Orosco’s All-American F1 Scarab Transporter

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Don Orosco's All-American F1 Scarab Transporter
Don Orosco's All-American F1 Scarab Transporter - Bartoletti Transporter - Automobile Magazine
The tumultuous story of the blue beast that hauled the famous Scarabs, the only all-American Formula 1 racing cars.

The Monterey Historic Automobile Races are the premier vintage car races in the United States. They draw more than 450 rare and exotic entries cumulatively valued at more than the gross domestic product of some third world nations. Yet the biggest attraction last summer wasn't a race car; it was a race car transporter that less than two years earlier had looked like the rusted-out, shot-up, long-forgotten relic of a third-world civil war.


Photo Gallery: Don Orosco's All-American F1 Scarab Transporter - Bartoletti Transporter - Automobile Magazine


Full story...
Jun
4th

UK: W. Europe car sales down by just 4.2% in May

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Data released by JD Power Automotive Forecasting shows that car sales in Western Europe fell by just 4.2% in May, versus last year. However, the result was distorted by scrapping incentives which provided a powerful boost to demand in a number of countries. Full story...
Jun
4th

HUNGARY: Sales plunge the steepest on record

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New car and light commercial vehicle sales in Hungary fell 64% to 5,297 in May from the same month a year earlier, the steepest drop ever, reported the business daily Napi Gazdasag. Full story...
Jun
4th

GERMANY: Opel’s Forster sees profits before 2013

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GM Europe CEO Carl-Peter Forster believes that Opel can be a profitable business again before 2013, he has told a German business newspaper. Full story...
Jun
4th

Hyundai urges passage of cash-for-guzzlers bill

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Hyundai Motor America is urging Congress to quickly pass the cash-for-guzzlers bill that would provide cash payments to consumers who trade in older, less fuel efficient vehicles for newer ones that provide higher gas mileage. Full story...
Jun
4th

JAPAN: Prius pips Insight in May’s ‘battle of the hybrids’

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Toyota's new Prius hybrid was Japan's best-selling vehicle in May with monthly sales of 10,915 units. The Prius outsold Honda's Insight hybrid, which topped the sales chart in April - a first for a hybrid. Full story...
Jun
4th

Dealers, consumers say delay of cash-for-guzzlers bill hurts sales

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U.S. consumers are waiting to buy new vehicles until Congress reaches a decision on the cash-for-guzzlers bill, two automotive companies' surveys have shown. Full story...
Jun
4th

SOUTH KOREA: Ssangyong C200 delayed

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Ssangyong's upcoming crossover vehicle - the C200 - has reportedly been delayed because of the firm's ongoing industrial relations troubles in Korea. Full story...
Jun
4th

GM expects Hummer sale to clear without regulatory snags

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General Motors does not expect U.S. regulatory scrutiny to hold up its tentative agreement to sell Hummer to a Chinese machinery maker, CFO Ray Young said. Full story...
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