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Mar
31st

INDIA: Mitsubishi cans small car plans

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Mitsubishi Motor's plan to produce a volume-generating compact car in India - following the likes of Suzuki and Hyundai - has been deferred indefinitely for lack of funds and sliding demand. Full story...
Mar
31st

Buyers ‘win’ Nano with golden ticket

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Tata is to set up lottery system to manage huge demand for the new Nano.


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Mar
31st

Drop-top firm under threat

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Vauxhall says Tigra won’t be hit if producer Heuilez goes to wall.


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Mar
31st

ITALY: Fiat chief heads to Detroit

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Fiat chief Sergio Marchionne on Tuesday headed to Detroit for meetings with Chrysler on an alliance that may rescue the failing US auto giant from collapse, a company spokesman said. Full story...
Mar
31st

GERMANY: GME makes Opel aid progress

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General Motors' European business has laid the foundation for overcoming the German federal government's opposition to state aid for Opel, GM Europe's head Carl-Peter Forster said on Tuesday. Full story...
Mar
31st

Fiat’s Marchionne in Detroit to meet with unions

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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st

Fiat’s Marchionne flies to Detroit to meet with Chrysler unions

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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st

Fiat CEO flies to Detroit for Chrysler talks

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Fiat's CEO has flown to Detroit to meet Chrysler LLC's unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st

Fiat CEO flies to Detroit for Chrysler talks

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Fiat's CEO has flown to Chrysler LLC's home town of Detroit to meet trade unions and creditors after U.S. authorities gave the carmakers 30 days to set up a partnership to save Chrysler. Sergio Marchionne flew late on Monday to Detroit after U.S. Full story...
Mar
31st

Germany’s Merkel pledges support for Opel rescue

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Germany's Chancellor Angela Merkel today pledged to find a solution for General Motors's financially troubled Opel unit. Full story...
Mar
31st

GM’s chairman ‘asked to leave’ by Barack Obama

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President asks Rick Wagoner to step down and calls for better restructuring plans before any more hand-outs


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Mar
31st

VW predicts strong growth for India

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Volkswagen AG sees enormous potential in India despite the current economic slowdown, a senior official said on Tuesday. Full story...
Mar
31st

Fresh-faced Range Rover in light show

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Prototype caught on test debuting new LED technology.


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Mar
31st

US: GM accepts bankruptcy possible

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America's biggest automaker described last night's auto industry announcement by president Obama as beginning "a new era for the US auto industry" [which] also marks a defining moment in the history of General Motors" and acknowledged its final restructuring could include a "court-supervised process". Full story...
Mar
31st

CHINA: Locals not big enough to swallow foreign rivals

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Chinese automakers are still not big enough to take over their troubled foreign rivals despite their global ambitions, analysts and company officials have said. Full story...
Mar
31st

CHINA: Daimler JV getting DC split compensation

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Beijing Benz-DaimlerChrysler Automotive (BBD), a joint venture between Daimler and Beijing Automotive Industry Holding, will receive RMB 6.7bn (US$982m) from Daimler as compensation for capital and operation losses caused by the splitting of Daimler and Chrysler, China Business News reported. Full story...
Mar
31st

CHINA: Dongfeng Nissan recalls Sunny sedans

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Dongfeng Motor Company's Nissan JV has begun a national recall of 5,014 Sunny sedans due to suspension flaws. Full story...
Mar
31st

CHINA: GM JV engine plant starts output

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SAIC-GM-Wuling Automobile has begun making engines at its new Qingdao plant. Full story...
Mar
31st

GERMANY: Potential Opel stakeholders exist – minister

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There are private investors potentially interested in taking a stake in General Motors' German unit Opel, economy minister Karl-Theodor zu Guttenberg said. Full story...
Mar
31st

Germany’s Deputy Chancellor demands 29% gov’t stake in Opel

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Germany's Deputy Chancellor Frank-Walter Steinmeier wants European governments to bail out General Motors' Opel brand by taking a stake of up to 29 percent in the struggling carmaker. Full story...
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