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May
29th

Key developments in the deal to save GM’s Opel

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Here are key developments in the deal that will have Magna International save GM's Opel: Full story...
May
29th

Key elements of the deal to save GM’s Opel

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Here are key elements of the deal that will have Magna International save GM's Opel: Full story...
May
29th

Magna’s Wolf on plans for Opel

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Here are comments made by Magna co-Chief Executive Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
May
29th

2009 Toyota Venza AWD

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2009 Toyota Venza AWD
2009 Toyota Venza AWD - Toyota Crossover SUV Review - Automobile Magazine
The priorities of the Venza owner will be reliability, ease of operation, and sufficient space for carting things and people - and in all those areas it gets a passing grade.

If anyone spots a Venza in my driveway - one actually owned by me, not borrowed - please shoot me. This Toyota has the sex appeal of a turnip and far less sporting character than the little red wagon I admired as a 4-year-old. The high beltline, the é ride motions, and the boring-at-all-costs attitude is more than I can stomach. Also, I detected a few poor trim fits inside which makes me suspicious that Toyota has relaxed its supreme quality standards. I must, however, admit that the Venza is a perfectly suitable transpo-appliance for Joe and Jane Blow who motor through life in a trance. It's affordable, fairly roomy, probably safe, and capable of mid-20-mpg fuel economy. Since it wears a sombrero badge, durability is practically guaranteed. So if these qualities appeal to you, be my guest, but do me a favor and keep your Venza out of my sight.


Photo Gallery: 2009 Toyota Venza AWD - Toyota Crossover SUV Review - Automobile Magazine


Full story...
May
29th

US: Ford in the frame for Visteon finance

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Ford may be forced to provide the majority, if not all, of the financing Visteon will need to reorganise and exit bankruptcy protection, industry analysts have said. Full story...
May
29th

INDIA: Tata Motors net profit halves

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Tata Motors on Friday said its fiscal year net profit dropped by more than half as the global slowdown cut demand for trucks and cars. Full story...
May
29th

Magna beats Fiat to buy GM Europe

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Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall


Full story...
May
29th

Fiat CEO says focus still on Chrysler deal

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Fiat S.p.A. CEO Sergio Marchionne said today that his main focus right now is on Chrysler, shrugging off reports that General Motors and Canadian auto parts group Magna International Inc. Full story...
May
29th

Exclusive Drive – Stirling’s new and old silver arrows

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HEAD-TO-HEAD: We team up with Sir Stirling Moss to rate the stunning new SLR McLaren which bears his name against his Fifties Mercedes 300 SLR..
Full story...
May
29th

GERMANY: Magna reported to have clinched Opel deal

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General Motors and Magna International have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations told Reuters on Friday afternoon. Full story...
May
29th

GERMANY [updated 16:30BST 30/5]: Magna-Opel deal clinched with governments’ OK

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Germany has reached a landmark deal with Magna, General Motors and governments to save Opel from the imminent bankruptcy of its US parent, German leaders said on Saturday. Full story...
May
29th

THE WEEK THAT WAS: Chapter 11 rules

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One guess as to the two most-used words in the auto biz in the last week? No prizes for 'Chapter' and '11'. Chrysler's in it, GM is about to be in it, barring some sort of miracle over the weekend, and suppliers Visteon and Metaldyne filed for it. Not a good week, then. Full story...
May
29th

The AutoWeek list: 10 Coolest Summer Cars :

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2010 Ford Mustang GT convertible Full story...
May
29th

Iacocca losing pension, car in Chrysler bankruptcy

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Lee Iacocca, the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension and a guaranteed life-long company car due to the U.S. automaker's bankruptcy filing two decades later. Full story...
May
29th

Jay Leno wins car award from Concorso Italiano:

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He started as an understudy and has become an icon, and with his last taping of the Tonight Show hours away, Jay Leno has secured another car honor. Full story...
May
29th

Renault, Nissan say deepening ties will save 1.5B euros

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Renault and Nissan announced plans to expand the scope of their global alliance Friday. The partners will increase their joint manufacturing operations and cooperate more on platforms, powertrains, vehicle engineering, logistics and randd activities. Full story...
May
29th

The AutoWeek list: Top-10 Summer Driving Foods:

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So it’s the last weekend of May, and summer is upon us. Food was featured in a recent issue of AutoWeek, and it’s always on the menu for debate among staffers. Full story...
May
29th

Chrysler hopes court approves sale to Fiat today

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Chrysler LLC hopes to end a third day of bankruptcy court hearings today with approval to sell most of its operations to a group led by Italy's Fiat, although opponents are likely file immediate appeals. Full story...
May
29th

Chrysler nears court approval for Fiat sale

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Chrysler LLC neared approval for its sale to a group led by Italy's Fiat S.p.A. after three days of testimony ended and parties shifted their attention to 350 objections from dealers and other opponents of the sale. Full story...
May
29th

Chrysler bankruptcy judge to rule Monday on Fiat sale

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The U.S. bankruptcy judge overseeing Chrysler LLC's bankruptcy case said on Friday he would issue an opinion "sometime on Monday" on the automaker's proposed sale of most assets to a new company run by Italy's Fiat S.p.A. Full story...
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