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Jun
1st

Europe auto execs on missing Air France plane

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The head of German steel maker ThyssenKrupp's Brazilian unit, CSA, and three Michelin executives were on a plane believed to have crashed into the Atlantic Ocean on Monday. Full story...
Jun
1st

GM bankruptcy forever linked to Harlem dealership

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General Motors' bankruptcy will forever be tied to one dealership in an often-ignored neighborhood due to the quirks of U.S. bankruptcy law. Before GM filed its historic bankruptcy today, Chevrolet-Saturn of Harlem made its own Chapter 11 filing. Full story...
Jun
1st

ThyssenKrupp, Michelin execs on missing Air France plane

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The head of German steel maker ThyssenKrupp's Brazilian unit, CSA, and three Michelin executives were on a plane believed to have crashed into the Atlantic Ocean on Monday. Full story...
Jun
1st

Toyota wants to keep NUMMI partnership with GM

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Toyota Motor Corp. wants to maintain its 25-year partnership with General Motors at the California plant that builds the Pontiac Vibe, Toyota Tacoma pickup and Toyota Corolla compact sedan. Full story...
Jun
1st

In ray of good news, Ford will increase production

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With supplies of its U.S. vehicles falling, Ford Motor Co. is boosting production in June and for the third quarter. The production increase is not a reaction to General Motors' bankruptcy filing, Ford sales analyst George Pipas said today. Full story...
Jun
1st

SOUTH KOREA: GM-Daewoo ‘part of New GM’

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GM-Daewoo has said that it will become part of so-called 'New GM' as the parent company proceeds with its Chapter 11 filing in the US. Full story...
Jun
1st

Review: 2010 Volkswagen Touareg Hybrid

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Review: 2010 Volkswagen Touareg Hybrid
2010 Volkswagen Touareg Hybrid - 2009 Sneak Preview - Automobile Magazine
Being late is no problem when you're this good.

Here are four sneak peeks in one: the Volkswagen Touareg in these pictures hides a new hybrid system that will be offered not only in a brand-new Touareg to be launched at the Frankfurt auto show in September, but also in the new Porsche Panamera and Cayenne and - mated to a smaller gasoline engine - in the Audi Q5.


Photo Gallery: 2010 Volkswagen Touareg Hybrid - 2009 Sneak Preview - Automobile Magazine


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Jun
1st

Aptera 2e – Electric Three Wheeler

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Aptera 2e - Electric Three Wheeler
Aptera 2e - Electric Three Wheeler - Automobile Magazine
We take a spin in the Aptera 2e, an electric three-wheeler that exhibits some out-of-the-box thinking.

New Yorkers would have been impressed if we'd told them that the makers of the Aptera 2e, the two-seat, three-wheeled oddity we were driving around Soho, promised the equivalent of more than 200 mpg and a 100-mile range between charges of its battery pack. But we never got that far. The mind of every single New Yorker who saw us was blown at first sight. We could have told them anything.


Photo Gallery: Aptera 2e - Electric Three Wheeler - Automobile Magazine


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Jun
1st

GM vows to preserve 18-month grace period for terminated dealers

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General Motors' 1,124 rejected dealers can rest somewhat easier after the company's bankruptcy filing today. GM says it is sticking with the plan to keep the dealers through Oct. 31, 2010, when GM's franchise agreement expires. Full story...
Jun
1st

GM owes ad agencies $166.5 million

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General Motors' bankruptcy filing lists two agency holding companies and two of the agencies they own as owed $166.5 million collectively, ranking them among the automaker's 50 largest unsecured creditors. Full story...
Jun
1st

GM offers incentives for buyers not afraid of bankruptcy :

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Buyers not spooked by the specter of the General Motors bankruptcy can snare some decent deals. Full story...
Jun
1st

GMAC says business as usual despite GM bankruptcy

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GMAC Financial Services has asked the U.S. Bankruptcy Court to allow it to continue to do normal business with General Motors as the automaker goes through restructuring. Full story...
Jun
1st

UK: Iveco joins the scrappage scheme

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It's not just for cars. Iveco has signed up to the UK Government's car and van scrappage scheme, which enables customers to scrap a car or van over ten years old and benefit from a GBP2,000 discount against the purchase of a new vehicle. Full story...
Jun
1st

New Car Awards 2009

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Vote for the best-designed car in the Auto Express New Car Awards 2009


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Jun
1st

GM bankruptcy won’t affect sale of European assets

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General Motors' U.S. bankruptcy filing will not obstruct plans to sell the company's subsidiaries in Europe -- a process that is advancing while plenty of issues remain unresolved. Full story...
Jun
1st

It’s time to reset ‘conventional’ thinking on GM, Chrysler:

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And so it begins: The General Motors Corp. bankruptcy came today, something the federal government is calling a “strategic, surgical” bankruptcy. Full story...
Jun
1st

Suppliers dominate GM’s top 25 creditors

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Here is a list of General Motors' 25 largest creditors, excluding unions and bond holders, according to court documents filed this morning in New York Bankruptcy Court. Full story...
Jun
1st

Judge OKs Chrysler sale to Fiat-run group :

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Chrysler, Detroit’s No. 3 automaker and the first felled into bankruptcy by declining sales and the global economic downturn--is poised to emerge after a judge approved the sale of most of its assets to an entity run by Italy’s Fiat. Full story...
Jun
1st

First Drive: 2010 Ford Transit Connect

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First Drive: 2010 Ford Transit Connect
2010 Ford Transit Connect - Ford Compact Minivan Review - Automobile Magazine
The 2010 Ford Transit Connect is proof that there is life--intelligent life--in van land.

The U.S. auto market may be fast-moving and competitive, but one subset, commercial vans, is neither. Looking much the same as it did during the Nixon administration, it has seen few innovations and fewer new entries. The only real change is that the big Dodge van--dressed in the same duds since the early '70s--finally expired a few years ago, when the Mercedes-Chrysler tie-up brought us the Sprinter van to replace it. Half-hearted attempts to make work vehicles out of passenger haulers, such as panel-truck versions of the Dodge Caravan and the Chevy HHR, have met with little success.


Photo Gallery: 2010 Ford Transit Connect - Ford Compact Minivan Review - Automobile Magazine


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Jun
1st

US: GM’s ‘New GM’ statement in full

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Given the importance of GM's announcement today, we are also reproducing the full text of GM's press statement: Full story...
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