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Mar
16th

CHINA: FAW-VW JV takes over FAW Chengdu unit

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Volkswagen's car making joint venture in north China with FAW has agreed to take over a subsidiary from FAW Group for 502.35 million yuan. Full story...
Mar
16th

US: Auto task force hires bankruptcy specialist

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President Barack Obama's auto industry task force has recruited a bankruptcy lawyer who worked on suppplier Dana's chapter 11 restructuring. Full story...
Mar
16th

RUSSIA: AvtoVAZ provides February sales breakdown

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AvtoVAZ has said that its sales were at 29,300 units in February, flat on the month. Full story...
Mar
16th

Chevy Camaro fans: Watch the video walkaround:

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Chevrolet is launching the media fest for the 2010 Camaro, which is on its way to dealerships now. Full story...
Mar
16th

Tata’s rating may be lowered on Jaguar concerns

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Tata Motors' credit rating may be lowered because of cash concerns at the Indian automaker's Jaguar and Land Rover brands, Standard and Poor's said today. Full story...
Mar
16th

SandP could lower Tata Motors’ credit rating

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Standard and Poor's Ratings Services said today it is considering lowering its credit rating for India's Tata Motors, which owns the British Jaguar and Land Rover brands. Full story...
Mar
16th

SandP could lower Tata Motors’ credit rating

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Standard and Poor's Ratings Services said today it is considering lowering its credit rating for India's Tata Motors, which owns the British Jaguar and Land Rover brands. Full story...
Mar
16th

Latest Smart’s a Three for all

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What do you get when you add three to ForTwo? Smart’s latest special edition! Based on the 71bhp ForTwo Passion, the Limited Three has melon green metallic paint, new six-spoke alloys and the firm’s ‘micro-hybrid’ stop-start system.


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Mar
16th

All-new cab set to join the ranks

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New taxi aims to emulate the success of famous Checker cab.


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Mar
16th

…And Twingo CC hits road

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It’s the new French revolution! A hi-tech family of electric cars costing less than their petrol equivalents will drive Renault to the front of the race to become Europe’s greenest auto maker, bosses have announced.What’s more, the first of these new vehicles will be launched at the Frankfurt Motor Show in the autumn, and the whole plan will be complete in less than three years.


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Mar
16th

F1: Toro Rosso is go!

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Red Bull’s second string outfit is final team to unveil its 2009 contender


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Mar
16th

GERMANY: Opel answers in US – minister

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The German government is now looking to General Motors and the US administration for help to answer remaining questions over the future of GM's European unit Opel. Full story...
Mar
16th

Davidson’s death starts Guardian transition plan

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The future leadership and ownership structure of Guardian Industries Corp. is unclear, but a transition plan is being carried out following the Friday passing of its owner and CEO, William Davidson. Full story...
Mar
16th

Guardian transition plan being executed, but not communicated

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The future leadership and ownership structure of Guardian Industries Corp. is unclear, but a transition plan is being carried out following the Friday passing of its owner and CEO, William Davidson. Full story...
Mar
16th

Guardian owner Bill Davidson dead at age 86

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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise. Full story...
Mar
16th

Guardian Industries owner Bill Davidson dead at age 86

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Longtime auto industry supplier and Detroit area entrepreneur Bill Davidson has died at the age of 86. Davidson, who owned automotive glass giant Guardian Industries, was known most for owning the Detroit Pistons NBA franchise. Full story...
Mar
16th

UK: Consumers want scrappage scheme – SMMT

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Results from an independent consumer survey commissioned by the Society of Motor Manufacturers and Traders (SMMT) show that 76% of consumers are in favour of the UK government introducing a scrappage incentive scheme similar to those currently running across Europe. Full story...
Mar
16th

Asbury Automotive reports 1st annual loss since going public

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Asbury Automotive Group posted a loss in 2008 -- its first red ink for a full year since it became publicly traded -- and received a warning from auditors that it may not remain current in its debt covenants. Full story...
Mar
16th

Asbury auditors will issue ‘going concern’ warning after Q4 loss

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Asbury Automotive Group, the sixth-largest U.S. dealership group, will receive a warning from auditors today that it may not remain current in its debt covenants, the company said this morning. Full story...
Mar
16th

GERMANY: Ford Europe cuts production capacity

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Ford of Europe has announced further actions to reduce production capacity in Europe 'due to the unprecedented decline in the European new car market and the continuing negative economic outlook'. Full story...
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