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May
1st

Puma reborn… as new Twingo CC!

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Renault to get look of former Ford favourite, at a cost of around £14,000


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May
1st

Fiat CEO confirms he wants alliance with Opel:

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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. Full story...
May
1st

Opel union head opposes Fiat stake

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The works council head of Opel -- General Motors' struggling German unit -- said parties other than Fiat S.p.A. and Canadian-Austrian supplier Magna International were keen on investing in the German carmaker. Full story...
May
1st

Opel union head reaffirms opposition to Fiat stake

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The works council head of Opel -- General Motors' struggling German unit -- said parties other than Fiat S.p.A. and Canadian-Austrian supplier Magna International were keen on investing in the German carmaker. Full story...
May
1st

American Axle posts wider quarterly loss

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Supplier American Axle and Manufacturing Holdings Inc. reported a wider quarterly loss today, due to tumbling production volumes of major automakers. Full story...
May
1st

GOLDING’S TALK: Lawyers may yet prove that GM is not dead but merely resting

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Chapter 11 is this lovely legal device which allows American companies that are dead to pretend that they are not. A Chapter 11 administrator for GM will - like the pet shop owner in the celebrated Monty Python sketch - be able to reassure customers that GM is not dead but has just been resting. Full story...
May
1st

JAPAN: Sales of new vehicles dive in April

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Sales of new automobiles plummeted to a record low for the month of April as the recession continued to hammer down volumes. Full story...
May
1st

Citroen Nemo

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New van from French maker dives into space race


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May
1st

ITALY: Now, we look at Opel – Marchionne

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Fiat CEO Sergio Marchionne has come clean and told an Italian newspaper that Opel could be a perfect partner for Fiat. Full story...
May
1st

Fiat CEO wants Opel alliance

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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. Full story...
May
1st

Fiat CEO confirms he wants alliance with Opel

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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. Full story...
May
1st

Fiat CEO wants alliance with Opel

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Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. Full story...
May
1st

CHINA: Mazda ups stake in FAW joint venture

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Mazda Motor Corp has increased its holding in its joint venture Chinese sales company FAW Mazda Motor Sales Co Ltd from 25% to 40% for US$7.26m. Full story...
May
1st

ITALY: Italian government welcomes Chrysler-Fiat deal

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Italian Industry Minister Claudio Scajola has welcomed news of a deal between Chrysler LLC and Fiat, saying he would work to facilitate dialogue with Italian trade unions. Full story...
May
1st

US: Chrysler shutdown hits suppliers

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Already financially stressed North American suppliers are feeling more pressure now that Chrysler has said it will temporarily idle much of its manufacturing capacity while it is in Chapter 11. Full story...
May
1st

Cerberus loses bet on Chrysler

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When Cerberus Capital Management LP struck a $7.4 billion deal to buy Chrysler in May 2007, it made a big, risky bet that it could succeed in turning around an American icon. Full story...
May
1st

UAW, federal control of U.S. automakers seen as big risk

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The prospect that both Chrysler LLC and General Motors are about to fall under the control of the UAW and the U.S. government is seen by few as a recipe for the success of either automaker. Full story...
May
1st

MEXICO: Toyota cuts Tacoma production

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Toyota has said it will suspend operations at its plant in Baja California, Mexico, for eight days from Friday as part of the company's planned output adjustment. Full story...
May
1st

AUSTRALIA/CHINA: Orbital and Changan to collaborate

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Australian engine technology company Orbital and China's Chongqing Changan Automobile Co have announced that they have entered into a development contract to jointly develop a concept engine. Full story...
May
1st

US: S&P mulls supplier ratings

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Standard & Poor's has said it may cut ratings on six North American auto suppliers after Chrysler's bankruptcy filing. Full story...
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