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...
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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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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...
Apr
23rd
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Apr
23rd
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Porsche denied on Thursday reports that its main shareholders planned to sell the group's sports car business to its Volkswagen unit as a way to relieve Porsche's debt burden. "This is nonsense," said spokesman Anton Hunger. Full story...
Apr
23rd
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Porsche denied on Thursday reports that its main shareholders planned to sell the group's sports car business to its Volkswagen unit as a way to relieve Porsche's debt burden. "This is nonsense," said spokesman Anton Hunger. Full story...
Apr
23rd
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French car parts maker Faurecia is focusing on preserving cash and not planning any acquisitions in the crisis-hit sector, its head said today. Full story...
Apr
23rd
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Fiat Group Automobiles reported a lower-than-expected first quarter loss today. The company swung to a 30 million euros ($39.2 million) trading loss for its first quarter, compared with a 193 million euros ($252 million) profit a year ago. Full story...
Apr
23rd
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AutoNation Inc., the largest U.S. dealership group, today said it posted first-quarter net income of $34.6 million, despite U.S. light-vehicle sales rates at more than quarter-century lows. The net income, which compares with a $50. Full story...
Apr
23rd
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Continental plans to present investors with a new strategy within 100 days, chief executive Karl-Thomas Neumann said on Thursday. Full story...
Apr
23rd
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Ford has reportedly found a local supplier to produce engine blocks for its Indian assembly operations. Full story...
Apr
23rd
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While Volkswagen chief executive Martin Winterkorn praised cooperation with majority owner Porsche at the annual shareholders meeting today, media reports in Germany suggested VW was considering a takeover of Porsche. Full story...