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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
23rd
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German chancellor Angela Merkel's government is becoming more willing to give General Motors' Opel a state guarantee if a private investor is found, local media reported on Thursday. Full story...
Apr
23rd
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Fiat has posted a first quarter net loss of EUR411m which compares with a net profit of EUR427m in the same quarter last year. The result was hit by lower volumes in major markets and was significantly worse than analysts' expectations. Full story...
Apr
23rd
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Financial institutions representing 94% of Pininfarina's financial exposure have cleared the second phase of a financial restructuring plan set up last December, a media report said on Thursday. Full story...
Apr
23rd
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General Motors hopes a strong performance by new models will push sales up by 20 percent this year in China. Full story...
Apr
23rd
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Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. Full story...
Apr
23rd
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Ford has updated the Europeam-specification Turkish-built Transit Connect van and its Tourneo Connect passenger carrying variant ahead of the model line's launch in the US this coming summer after its Chicago auto show debut last February. Full story...
Apr
23rd
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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer. Full story...
Apr
23rd
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General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer, news reports said. Full story...
Apr
23rd
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The Shanghai auto show used to be a showcase for foreigners to show off western car models in China. Full story...
Apr
23rd
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Japan's five largest domestic automakers on Thursday announced steep falls in their domestic sales, exports and global production in fiscal 2008/9 ended 31 March. Full story...
Apr
23rd
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There were few signs of the global economic crisis or tumbling car sales in western markets during the opening days of the Shanghai auto show this week. Full story...
Apr
23rd
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The Canadian Auto Workers union said today it was too soon to know if it will reach a last-minute cost savings deal with Chrysler LLC, but that it was pushing hard to get it done. Full story...
Apr
23rd
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Shoes, snowboards, and Subarus: Ordinary dude Ken Block is helping to wake up the world of American rallying.
Subaru Rally Team USA principal Lance Smith stares into the woods, arms crossed, his eyes fixed and narrow beneath a dark pair of sunglasses. He leans over and begins to speak, but he gets only as far as, "The thing about Ken Block . . ." before being cut off by the sound of spraying gravel. A Mitsubishi Lancer Evolution launches out of a crop of trees at 70 mph aimed straight for his chest, only to pitch sideways under braking at the last minute and catapult down the road. Smith, unfazed, picks up where he left off: ". . . is that, out of all the guys here, while he may not be paid the most, he definitely puts the most into it."
Photo Gallery: Ken Block - Subaru Rally Racing - Automobile
Apr
23rd
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A trek to Stuttgart was needed to feel the pain of one of Germany´s finest. Robert Bosch has been taking a bashing in the recession. The word was that the grand old boy of the auto component sector was going to own up to making a loss in the first quarter. Full story...
Apr
23rd
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The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Full story...
Apr
23rd
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It could be second time lucky for an Opel-Fiat tieup, four years after their alliance break up, which cost General Motors $2 billion. What has changed to make it worth the two former partners getting back together again? In a word: Everything. Full story...
Apr
23rd
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Fiat on Thursday refuted a report in German magazine Der Spiegel that said it would acquire a majority stake in Opel. Full story...
Apr
23rd
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A common rite of passage is the cross-country road trip, the quintessential way for young Americans to get in touch with themselves and their country before the worries and responsibilities of life come calling. Full story...
Apr
23rd
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Hyundai Motor has posted a first quarter net profit down 43% to KRW225bn ($US167m) on sales down 23% to KRW6 trillion. Full story...