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May
20th

VW to reveal electric car

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New plug-in Vauxhall Ampera rival set for Frankfurt debut
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May
20th

VW unleashes hottest Scirocco

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Scorching R version is ready for debut, with 261bhp turbo engine on tap for storming pace
Full story...
May
20th

TAIWAN: New distributor for Skoda and Seat

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Liberty Motors, part of the Swire Group, has taken on the Skoda and Seat franchises in Taiwan, replacing Audi following Volkswagen Group´s decision to establish a wholly-owned office in the country. Full story...
May
20th

THAILAND: Vehicle sales down for 11th consecutive month

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Thai vehicle sales in April fell for an 11th consecutive month, plummeting 27.4% year-on-year after further domestic political upheaval. Full story...
May
20th

HONG KONG: Geely shares on sale to fund acquisition

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Geely Automobile Holdings and its chairman are selling up to HK$1.1bn (US$141m) of shares at a discount of 4.8-8.3%, IFR Asia reported. Full story...
May
20th

CHINA: Guangzhou eyes SUV maker stake

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Guangzhou Automobile has reached an initial agreement with Hunan Changfeng Motor to take a major stake, possibly up to 30%, in the sport utility vehicle maker, a source with knowledge of the matter has said. Full story...
May
20th

INDIA: Mahindra & Mahindra output resumes

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Production has resumed at utility vehicle maker Mahindra & Mahindra's Nashik plant in western India after a strike ended on Monday. Full story...
May
20th

RUSSIA: Mercedes to cut prices

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Mercedes-Benz Rus, the Russian subsidiary of German automaker Mercedes-Benz, plans to cut prices for passenger cars and sport utility vehicles (SUVs) in Russia starting 1 June, the company said in a statement. Full story...
May
20th

RUSSIA: Court to rule on GAZ supplier lawsuits

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The arbitration court for Russia's Nizhny Novgorod region will consider on 6 July three lawsuits against GAZ Group from its suppliers over the group's debts worth a total of 504.9m rubles, a court spokesman told Prime-Tass. Full story...
May
20th

US: Toyota questions plug-in popularity

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Plug-in hybrids might not be as popular as president Obama's administration predicts, Bill Reinert, Toyota's manager for advanced technology told a National Academy of Sciences panel in Washington. Full story...
May
20th

GERMANY: Banks agree Opel/Vauxhall bridging loans

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The German government has agreed with a group of state-owned banks to provide bridging loans for General Motors' Opel/Vauxhall unit to help the carmaker maintain liquidity through the third quarter of this year, giving it more time to complete negotiations with potential new owners. Full story...
May
20th

GERMANY: Tensions ease between VW and Porsche

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The stand off between Volkswagen and Porsche seems to have ended with the chairmen of both carmakers saying their goal was to press ahead with the planned merger of the two, after all. Full story...
May
20th

US: Obama announces new fuel economy and emissions standards

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Flanked by auto industry and auto union officials, president Obama yesterday announced a new national policy aimed at both increasing fuel economy and reducing greenhouse gas pollution for all new cars and trucks sold in the United States. Full story...
May
20th

Fiat, Magna, equity firm will bid on Opel, report says

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General Motors has received three bids for its Opel division, Bloomberg said today, citing a GM spokesman. GM would not name the bidders but reports suggested they are Fiat S.p.A. Full story...
May
20th

Fiat confirms bid for Opel as Berlin extends deadline

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Fiat S.p.A confirmed it has submitted an offer for General Motors' Opel/Vauxhall brands as the German government extended a deadline for potential investors to submit bids. Full story...
May
20th

Fiat submits bid for Opel; Germany extends deadline

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Fiat S.p.A confirmed it has submitted an offer for General Motors' Opel/Vauxhall brands as the German government extended a deadline for potential investors to bid. German press reports said Canadian auto-parts supplier Magna International Inc. Full story...
May
20th

This week’s mag

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Ultimate Aston driven, wild new Scirocco R, brake test special, all-new Lotus Evora verdict
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May
20th

Schaeffler mulls surrender to Continental, sources say

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Germany supplier Schaeffler Group is mulling a plan to sell big parts of its business to Continental in a reversal Schaeffler's daring swoop to buy its far bigger rival. Full story...
May
20th

Bosch, Denso to scrap filter joint venture in Poland

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Denso Corp. and Robert Bosch GmbH, the world's two biggest auto parts suppliers, will scrap their joint venture to develop and produce diesel particulate filters by the end of this year. Full story...
May
20th

VW unleashed hottest Scirocco

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Scorching R version is ready for debut, with 261bhp turbo engine on tap for storming pace


Full story...
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