General Motors' German unit Opel will present a business plan to the German government in coming days, responding to calls to present such a plan to obtain state guarantees, as political support for state help varies.
Full story...
Turkish carmaker Tofas is keeping its 290 million euro ($365 million) investment plan, according to a newspaper report. Tofas is joint a venture between Italy's Fiat and Turkey's Koc Holding.
Full story...
The German government distanced itself today from any commitment to Opel's future, saying it would wait for the automaker to present a business plan before considering state guarantees.
Full story...
Hyundai's Nosovice factory in the Czech Republic is Europe's newest car plant, and takes modular assembly to a new level, as Mark 'Coolbear' Bursa discovers.
Full story...
Struggling van-maker LDV has asked the government for millions of pounds in emergency loan finance to help secure its future.
Full story...
Although there were reports last week that currency and other factors had added £1,000 or so to the prices, Honda UK has nonetheless managed to pitch its new entry-level Insight hybrid SE GBP2,380 under Toyota's Prius at GBP15,490. How Toyota, with a redesigned Prius waiting in the wings will respond, remains to be seen.
Full story...
Other carmakers are among the investors who have shown interest in Saab, the brand's top executive said. Saab was granted protection from creditors by a Swedish court on Feb. 20.
Full story...
Sweden is not prepared to consider loan guarantees to Saab unless the carmaker finds a private investor to underwrite its business plan, Industry Minister Maud Olofsson said.
Full story...
Leaked photos show both the Coupe and Roadster versions in full
Full story...
A UK consumer organisation has got a reaction after an article in its magazine suggested that SUVs are becoming 'socially unacceptable'.
Full story...
Tesla Motors has issued a teaser image of its upcoming Model S sedan which will be unveiled on March 26 at the California headquarters of founder Elon Musk's other company, Space-X, which is where Tesla's design studio is located.
Full story...
Takanobu Ito, head of global automotive operations at Honda Motor Co., has been tapped as the carmaker's next president and CEO starting in June as the company grapples with global sales declines and a strong yen.
Full story...
Takanobu Ito, newly named as the next president and CEO of Honda Motor Co., will redouble the company's focus on research as it grapples with a global market meltdown.
Full story...
Romanian carmaker Dacia plans to boost production in the coming weeks to meet demand in German for its low-cost Logan car.
Full story...
General Motors is trying to keep Saturn dealers in the fold even as it has pronounced the division's likely death.
Full story...
As General Motors dumps brands and other automakers slash their retail networks, auto dealers are waging a nationwide lobbying blitz for more protection under state franchise laws.
Full story...
Chrysler LLC says it can survive without a proposed product-sharing alliance with Fiat S.p.A. if it gets an additional $5 billion federal loan. But analysts say Chrysler's stand-alone plan relies on extremely optimistic assumptions.
Full story...
If Ron Bloom gets his way, everyone will sacrifice. Last week, President Barack Obama appointed Bloom to help restructure General Motors and Chrysler LLC.
Full story...
A potentially hostile Congress could get to decide whether General Motors and Chrysler LLC receive the additional immediate federal aid they say they need to stay in business.
Full story...
General Motors executives were surprised by the speed at which Saab filed for bankruptcy last week, leaving them with few answers for anxious U.S. Saab dealers.
Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
The latest auto news, reviews, prices, product and vehicle releases.