Magna International's German unit Magna Presstec has won approval from European Union antitrust authorities to acquire the Czech-based operations of bankrupt US rival Cadence Innovation.
Full story...
Volkswagen took a first step in its South East Asia expansion strategy with a deal to assemble Touran minivans in Indonesia this year.
Full story...
The Porsche and Piech families will remain a dominant presence in the proposed merger between Volkswagen and Porsche, according to Der Spiegel magazine which at the weekend said the familes would hold about a stake of between 45 and 55%.
Full story...
Leaders of Italy's and Germany' s major engineering unions will meet in Frankfurt on Wednesday to discuss the job implications of the proposed Fiat-Chrysler-Opel merger and the creation of a new global giant carmaker, Reuters reported.
Full story...
UK-based vehicle transmission specialist Antonov has announced further progress in its efforts to form a joint venture in China to manufacture and market its proprietary TX-6 transmission, with the signing of a letter of intent with Chongqing Lan Dai Industry.
Full story...
Germany plans to protect Opel's assets from creditors if parent General Motors is forced into bankruptcy in the US next month, economy minister Karl-Theodor zu Guttenberg was quoted as saying at the weekend.
Full story...
Indebted Austrian car parts maker Polytec said on Monday it will transfer its newly-acquired Peguform unit to Austrian group Cross under a deal with creditor banks to avoid insolvency.
Full story...
Brawn and Button storm to victory in Barcelona.
Full story...
PSA/Peugeot-Citroen has no fear of a possible alliance between Fiat and General Motors's Opel brand, a PSA board director said.
Full story...
PSA/Peugeot-Citroen has no fear of a possible alliance between Fiat and General Motors's Opel brand, a PSA board director said.
Full story...
New GT TDI diesel coupé uses Golf GTD engine to offer improved economy and lower emissions
Full story...
Suzuki Motor Corp escaped a loss in the final quarter thanks to growth in its main Indian market, but forecast an 87 percent drop in profit this year citing slumping global demand and a stronger yen.
Full story...
GMAC LLC may receive a $7.5 billion infusion from the U.S. government as early as this week, the Washington Post reported in its Saturday edition, citing unnamed sources.
Full story...
FRANKFURT (Reuters) -- The Porsche and Piech families will hold a stake of about 45 percent to 55 percent in an entity to be formed from a planned merger between Volkswagen and Porsche, according to a German weekly magazine.
Full story...
Leaders of Italy's major engineering unions will meet their counterparts in Germany next week as anger seethes in the Mediterranean nation over Fiat CEO Sergio Marchionne's plan to merge Fiat, Opel and Chrysler into a new global giant carmaker.
Full story...
Leaders of Italy's major engineering unions will meet their counterparts in Germany next week as anger seethes in the Mediterranean nation over Fiat CEO Sergio Marchionne's plans to merge Fiat, Opel and Chrysler into a new global giant carmaker.
Full story...
Germany has a plan to protect the assets of carmaker Opel from creditors if its U.S. parent General Motors is forced into bankruptcy next month, German Economy Minister Karl-Theodor zu Guttenberg said.
Full story...
FRANKFURT (Reuters) -- The Porsche and Piech families will hold about 45 percent to 55 percent stake in an entity to be formed from a planned merger between Volkswagen and Porsche, according to a German weekly magazine, citing sources.
Full story...
Looking at the new Lincoln MKT, it's hard to tell that it's largely derived from the Ford Flex. Apart from the dimensions, the MKT shares no part of its body with its cousin. The platform is the same as are the drive trains, but the resemblance ends there.
Full story...
Mazda's compact 3 is currently the bestselling car so far this year. With good clearance deals on remaining 2009s, Canadian car buyers feel that although a brand-new model was about to hit showrooms, the old Mazda3 was still a good car.
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
The latest auto news, reviews, prices, product and vehicle releases. 
