Auto News 5

Key auto supplier Lear Corporation has reached an agreement with lenders for an amendment and waiver to its primary credit facility. Full story...

Key auto supplier Lear Corporation has reached an agreement with lenders for an amendment and waiver to its primary credit facility, it said in a press release. But, in a more detailed annual results statement to the US SEC, it noted it might nonetheless have to file for bankruptcy protection. Full story...

We reveal amazing plans for new mid engined roadster inspired by incredible R8.

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Tata Motors has reportedly applied for patent protection for over 37 inventions and innovations linked to its Nano, in what some see as an aggressive move to protect the low-cost car against imitation. Full story...

Chery's plans to enter the Thai market appear to be gathering pace. Full story...

What a difference a year makes. In early 2008, Tata Motors unveiled its Nano to a rapturous media reception as the snub-nosed, 4-seater with a 100,000-rupee ($1,945) price tag created a new category of super-cheap cars for the masses. Full story...

Magna International announced plans to build a new factory in Russia. The European arm of Canada's Magna International will build a car parts factory to supply the Volkswagen plant in Kaluga, near Moscow. Full story...

Chinese automaker Beijing Automotive Industry Co. is seeking to buy U.S. auto parts maker Delphi Corp.'s non-core assets, the 21th Century Business Herald said today. Full story...

Smart wants to get more passengers into its iconic ForTwo minicar. Full story...

A group studying Saturn's possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says. Full story...

Seating and electronics supplier Lear Corp. said this evening it may be required to file for bankruptcy protection despite winning an agreement with lenders that gives it until May 15 to restructure its debt-heavy balance sheet. Full story...

Chrysler LLC has asked the Obama administration to lend its captive finance unit more money to ease a consumer credit crunch and help the carmaker survive, CEO Bob Nardelli said. A $1.5 billion bailout from the U.S. Full story...

The Peugeot 3008 is an addition to the French carmaker's compact 308 range and follows a trend toward crossovers, in this case combining minivan and SUV characteristics. Full story...

Smart wants to get more passengers into its iconic ForTwo minicar. Full story...

Chinese automaker Beijing Automotive Industry Co. is seeking to buy U.S. auto parts maker Delphi Corp.'s non-core assets, the 21th Century Business Herald said today. Full story...

Lear Corp., the world's second-largest automotive seat maker, said late Tuesday that a Chapter 11 bankruptcy filing remains possible as it seeks out a long-term restructuring of its capital structure. Full story...

Chrysler LLC has asked the Obama administration to lend its captive finance unit more money to ease a consumer credit crunch and help the carmaker survive, CEO Bob Nardelli said. A $1.5 billion bailout from the U.S. Full story...

A group studying Saturn's possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says. Full story...

Porsche AG today presented the key technologies of the new Panamera prior to the Gran Turismo's world debut in Shanghai. They include several technological innovations new to the luxury performance segment. Among them are the first automatic start/stop system in conjunction with an automatic transmission, air suspension system with additional air volume on demand, as well as active aerodynamics with a multi-stage, adjustable rear spoiler moving up when required on the Panamera Turbo. Full story...

Zoom-Zoom in snow is just as much fun as it is on pavement, particularly when your CX-9 has the optional all-wheel drive. Zoom-Zoom is really an attitude about driving as much as it is an advertising campaign. I came to this realization about the second day that I had my top-of-the-line Mazda CX-9 GT. The way I see it, the CX-9 is much more than just another cross-over-utility vehicle (CUV). Full story...