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Apr
7th

GM reveals two-wheel electric-vehicle prototype

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It's based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. Full story...
Apr
7th

GM Daewoo posts big 2008 loss

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GM Daewoo Auto and Technology, the South Korean unit of General Motors, swung to a huge net loss in 2008, as massive foreign exchange bets to hedge overseas sales turned sour on a weaker won and declining exports, the firm said Tuesday. Full story...
Apr
7th

Cover’s blown on Z Roadster

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First sight of 327bhp drop-top Nissan which undercuts Boxster, Z4 and SLK rivals


Full story...
Apr
7th

GM to cut engine production in Hungary

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General Motors will introduce four-day working weeks in engine production at its powertrain plant in Hungary, the news agency MTI reported on Tuesday. Full story...
Apr
7th

FEATURE: Recession: the worst is yet to come

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With car production set to take a further dive, government should step in with 'job support' measures until the good times return, said IMI president Professor Garel Rhys in his keynote address at this year's Institute of the Motor Industry (IMI) dinner. Full story...
Apr
7th

UK: JLR seen getting EIB loan today

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Jaguar Land Rover is expected to get a lifeline from the European Investment Bank on Tuesday when it approves a GBP300m loan for the car maker. Full story...
Apr
7th

Race to save Heuliez

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The clock is ticking for French coachbuilder Heuliez, and it's anyone's guess whether a solution will be found before the 90-year-old family-owned firm collapses. Full story...
Apr
7th

General Motors reveals two-wheel PUMA electric-vehicle prototype:

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It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. Full story...
Apr
7th

General Motors reveals two-wheel PUMA electric-vehicle prototype:

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It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. Full story...
Apr
7th

Czech Q1 car sales drop on fewer company purchases

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Falling demand for company cars dented automobile sales in the Czech Republic in the first three months of 2009, pushing new registrations down by an annual 16.4 percent, the country's Car Importers Association said. Full story...
Apr
7th

Commerzbank ready to send out Opel offer memo

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Germany's Commerzbank is preparing to issue an offer document to a "handful" of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker. Full story...
Apr
7th

Report: Commerzbank ready to send out Opel offer memo

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Germany's Commerzbank is preparing to issue an offer document to a "handful" of potential investors in General Motors Opel unit, the Financial Times reported on Tuesday, citing sources close to the automaker. Full story...
Apr
7th

Belarus offers tax breaks to attract auto production

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Belarus is offering tax breaks to automakers willing to set up assembly plants in the ex-Soviet state. The Belarus government hopes ultimately to create a national automaking plant, Igor Rogozin, a senior government official said. Full story...
Apr
7th

VW’s Up heading for Bratislava

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As Volkswagen AG nears a decision on where its Up mini-car family will be built, sources close to CEO Martin Winterkorn say that the company's Bratislava plant in Slovakia will get the nod. Full story...
Apr
7th

VW projected to overtake GM this year as world’s No. 2 producer

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Volkswagen AG will overtake U.S. rival General Motors this year to become the world's second-largest automaker by volume, market research company R.L. Polk Germany said on Monday. Full story...
Apr
7th

German gov’t minister plans Abu Dhabi visit on Opel, says paper

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Germany's Economy Minister Karl-Theodor zu Guttenberg plans to visit Abu Dhabi to explore the possibility of the Gulf emirate taking a stake in General Motors' German unit Opel, a newspaper said. Full story...
Apr
7th

Volkswagen denies it plans to buy Porsche assets

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Volkswagen said on Monday that it does not plan to purchase assets from its majority shareholder Porsche Automobile SE to help fund Porsche's intended acquisition of a 75 percent stake in VW. Full story...
Apr
7th

Cadillac SRX is resized, repurposed to battle import luxury crossovers:

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If you could pick one vehicle to serve as a metaphor for what General Motors is trying to do to make itself leaner, meaner and better positioned to fight off foreign competitors, it's the 2010 Cadillac SRX. Full story...
Apr
7th

2010 Honda Insight starts at $23,900 in Canada

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The all-new 2010 Honda Insight hybrid hatchback goes on sale on Earth Day, April 22, with a manufacturer's suggested retail price (MSRP) of $23,900 for the Insight LX. Full story...
Apr
7th

Canadian Government announce new mesures to help auto industry

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The Honourable Tony Clement, Minister of Industry, and the Honourable Stockwell Day, Minister of International Trade, today announced a pair of new measures to help boost consumer confidence in the auto industry. Full story...
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