banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

May
11th

US: GM plant closure plans anger unions

Stay connected Subscribe to our RSS feed
General Motors is arguing with its key labour union over plans to shut US plants and outsource production to Mexico and Asia as bankruptcy looms, union sources have said. Full story...
May
11th

Scirocco strikes oil

Stay connected Subscribe to our RSS feed
New GT TDI diesel coupé uses Golf GTD engine to offer improved economy and lower emissions


Full story...
May
11th

Scirocco strikes oil

Stay connected Subscribe to our RSS feed
New GT TDI diesel coupé uses Golf GTD engine to offer improved economy and lower emissions


Full story...
May
11th

GM bond offer must be ‘materially improved,’ source says

Stay connected Subscribe to our RSS feed
A 10-member General Motors bondholder committee has said GM's offer of 10 percent equity would have to be "materially improved" to get any approval of a substantial number of unsecured bondholders, a source familiar with the committee's strategy... Full story...
May
11th

BMW’s baby SUV takes first steps

Stay connected Subscribe to our RSS feed
BMW is hoping for big things from its new small 4x4. This spyshot is the first to reveal the showroom-ready X1, which will share much of its engineering with the forthcoming MINI Crossman.


Full story...
May
11th

‘Calibra’ heads Vauxhall plan

Stay connected Subscribe to our RSS feed
Insignia coupé one of 20 all-new models, as green technology becomes key to bosses’ plans.


Full story...
May
11th

Hybrid 370Z on the way

Stay connected Subscribe to our RSS feed
Coupé could get electric motor running off lithium-ion batteries – to produce first performance hybrid


Full story...
May
11th

‘Self-drive’ Audi spied on the road

Stay connected Subscribe to our RSS feed
Cutting-edge A8 fitted with self-drive cameras spied on test


Full story...
May
11th

GERMANY: Porsche eyes Wolfsburg or Hannover for merged company

Stay connected Subscribe to our RSS feed
The new company resulting from the merger of Volkswagen and Porsche will be based in Wolfsburg or Hannover, Spiegel magazine reported. Full story...
May
11th

US: Treasury would ‘facilitate’ GM Chapter 11 – Geithner

Stay connected Subscribe to our RSS feed
The US government would work to pave the way to bankruptcy at General Motors, as it did with Chrysler last month, if GM's restructuring effort falls short this month, US treasury secretary Timothy Geithner has said. Full story...
May
11th

GERMANY: States not seen ‘convincing’ Fiat plan for Opel

Stay connected Subscribe to our RSS feed
Fiat has still not presented a convincing strategy to merge Opel with Fiat Auto, German regional governments have said. Full story...
May
11th

CHINA: Geely says ‘no plan to bid’ for Saab or Volvo

Stay connected Subscribe to our RSS feed
Geely has issued a statement to say that it has no plan to acquire either Ford's Volvo or GM's Saab. Full story...
May
11th

GM would listen to offers for Solstice sports car plant, Henderson says

Stay connected Subscribe to our RSS feed
Chrysler LLC's Viper plant isn't the only American sports car factory on the market. General Motors CEO Fritz Henderson said today the company will listen to offers for the Wilmington, Del. Full story...
May
11th

GM would accept offers for Del. sports car plant, Henderson says

Stay connected Subscribe to our RSS feed
Chrysler LLC's Viper plant isn't the only American sports car factory on the market. General Motors CEO Fritz Henderson said today the company will listen to offers for the Wilmington, Del. Full story...
May
11th

INDIA: Hyundai employees ‘return to work’

Stay connected Subscribe to our RSS feed
The strike by some employees of Hyundai India ended late last week following reconciliation talks between employee representatives and management, according to Indian media reports. Full story...
May
11th

2009 April Auto Sales: No Recovery Here

Stay connected Subscribe to our RSS feed
2009 April Auto Sales: No Recovery Here
2009 April Auto Sales - Car Sales Analysis - Automobile Magazine
The stock market may have recovered from its March lows, but auto sales haven't bounced back.April's annualized selling rate remained well under 10 million units, a far cry from the 14.4 million figure of a year ago.

The stock market may have recovered from its March lows, bouncing back to its (still rather pathetic) start-of-the-year levels, but with no commensurate relief in the jobs market (as more companies -- even seemingly healthy ones -- join in the layoff spree), there has been no recovery in auto sales. April's annualized selling rate remained well under 10 million units, a far cry from the 14.4 million figure of a year ago.


Photo Gallery: 2009 April Auto Sales - Car Sales Analysis - Automobile Magazine


Full story...
May
11th

Obama halves Chrysler’s planned marketing budget

Stay connected Subscribe to our RSS feed
Chrysler wanted to spend $134 million in advertising over the nine weeks it is expected to be in bankruptcy. The U.S. Treasury's auto industry task force gave it half that. Full story...
May
11th

RUSSIA: GAZ asks Magna to make Opel stake bid

Stay connected Subscribe to our RSS feed
Canada's Magna has asked Russian automaker GAZ to bid for a share of Opel, Russia's prime minister Vladimir Putin has said. Full story...
May
11th

GM to notify dealers of cuts this week; bankruptcy ‘more probable’

Stay connected Subscribe to our RSS feed
General Motors' CEO Fritz Henderson says the automaker will start notifying its dealers "a bit later" this week on its plan to eliminate about 2,700 dealerships by 2010. Full story...
May
11th

GM to notify dealers of cuts this week, bankruptcy more probable

Stay connected Subscribe to our RSS feed
General Motors' CEO Fritz Henderson says the automaker will start notifying its dealers "a bit later" this week on its plan to eliminate about 2,700 dealerships by 2010. 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.
Hosted by CifTech Hosting.