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Feb
12th

Volkswagen, Toshiba to develop electric car

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FRANKFURT, Feb 12 (Reuters) -- Volkswagen will team up with Toshiba to develop an electric-powered version of its subcompact Up concept car after signing a letter of intent on Thursday. Full story...
Feb
12th

Congress scales back tax break for car buyers:

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A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Full story...
Feb
12th

2010 Tata Nano – What’s the Big Idea?

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2010 Tata Nano - What's the Big Idea?
2010 Tata Nano - Tata Fuel Efficient Compact Sedan - Automobile Magazine
A car for the twenty-first century: The Tata Nano is small, affordable (the world's cheapest!), and fuel-efficient. And - surprise - it rides like a real car.

There is a chance - just a chance - that this odd-looking little bubble of a car, with its dime-size wheels and tiny tailpipe and weird two-cylinder whir, might turn out to be the Ford Model T of the twenty-first century. True, there's plenty that might prevent the new Tata Nano from causing the seismic shock that some predict it will inflict on the global car industry. But like other transformative cars, it has a quantum-leap quality. The Model T revolutionized how cars are made, the Mini rethought how they're laid out, and at $2500, the Nano turns upside down our previous ideas about how much cars should cost.


Photo Gallery: 2010 Tata Nano - Tata Fuel Efficient Compact Sedan - Automobile Magazine


Full story...
Feb
12th

VDA says European car market fell 27% in January

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The European new car market tumbled 27 percent in January to 958,500 vehicles,the German industry association VDA said on Thursday. Full story...
Feb
12th

SLOVAKIA: Kia plant cuts output

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Kia Motors is cutting Ceed production at its Slovak plant from two shifts to one to offset falling demand amid the global economic downturn. Full story...
Feb
12th

Bentley to cut 220 jobs

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Bentley will cut 220 jobs from its 3,800 workforce as the luxury brand reacts to falling sales. Full story...
Feb
12th

US: BW posts large Q4 net loss

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BorgWarner has reported fourth quarter sales down 32% to $931.5m and net loss of $81.4m or $0.70 per share. Full story...
Feb
12th

Congress scales back tax break for car buyers

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A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Full story...
Feb
12th

Volkswagen teases with sketch of new sedan for Tennessee factory:

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Volkswagen AG on Thursday released a sketch of the mid-sized sedan that will be built at VW's factory now under construction in Chattanooga, Tenn. Full story...
Feb
12th

RUSSIA: Hyundai assembler sales up 34%

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Sales by Russian Hyundai assembler Taganrog Automobile Plant, or TagAZ, rose 34% year on year to 106,322 vehicles in 2008, the plant's press office has said. Full story...
Feb
12th

EC rule means tyre monitors for all

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Tyre pressure monitors alert driver to drop in psi – and all new cars will have to feature one from 2010. Full story...
Feb
12th

First Test: 2010 Audi R8 V10

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First Test: 2010 Audi R8 V10
2010 Audi R8 V10 - Audi Sport Coupe Testing - Automobile Magazine
We've already driven the 2010 Audi R8 V10, but we did not get a chance to test the car until now. Don Sherman spent the day with an R8 and his testing equipment and recorded a 0-60 mph time of 3.8 seconds.

What's the difference in the V-10 engines that power the top Audi and Lamborghini's crown prince? As it turns out, not much. Both share the same basic components and architecture: a 90-degree V-angle, DOHC 4-valves per cylinder top end, mostly aluminum construction. The forged-steel crankshaft and connecting rods and forged aluminum pistons providing a 12.5:1 compression ratio are also shared by both sports cars.


Photo Gallery: 2010 Audi R8 V10 - Audi Sport Coupe Testing - Automobile Magazine


Full story...
Feb
12th

First Test: 2011 Audi R8 V10

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First Test: 2011 Audi R8 V10
2011 Audi R8 V10 - First 0-60 mph Test - Automobile Magazine
We've already driven the 2011 Audi R8 V10, but we did not get a chance to test the car until now. Don Sherman spent the day with an R8 and his testing equipment and recorded a 0-60 mph time of 3.8 seconds.

What's the difference in the V-10 engines that power the top Audi and Lamborghini's crown prince? As it turns out, not much. Both share the same basic components and architecture: a 90-degree V-angle, DOHC 4-valves per cylinder top end, mostly aluminum construction. The forged-steel crankshaft and connecting rods and forged aluminum pistons providing a 12.5:1 compression ratio are also shared by both sports cars.


Photo Gallery: 2011 Audi R8 V10 - First 0-60 mph Test - Automobile Magazine


Full story...
Feb
12th

Sonic Automotive suspends dividend, hires adviser

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Sonic Automotive Inc., the No. 3 U.S. auto dealership group, said on Wednesday it suspended its quarterly dividend and retained a financial adviser to consider options for its debt and liquidity. Charlotte, N.C. Full story...
Feb
12th

VW releases sketch of car to be built in Tenn.

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Volkswagen AG today released this sketch of the mid-sized sedan that will be built at VW's factory now under construction in Chattanooga, Tenn. The mid-sized sedan, which has yet to be named, will be slightly larger than the Passat. Full story...
Feb
12th

US: Sonic Automotive suspends dividend

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US auto retailer Sonic Automotive is suspending its quarterly dividend after previously paying US$0.12 a share. Full story...
Feb
12th

Report: GM bondholders demand better terms

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General Motors bond holders are insisting on better terms in exchange for forgiving billions of dollars in debt, the Detroit News reported today. Full story...
Feb
12th

Automakers look more to social media, blogs for marketing

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The Chevrolet Volt's chief engineer had this job on Tuesday: Type 140-character answers to questions from anyone who had them. Full story...
Feb
12th

US: Realistic plans may gain more government help

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The federal government may offer more help to struggling US automakers but only if they can show they can be commercially viable, US president Barack Obama has said. Full story...
Feb
12th

GERMANY: BMW and Fiat deny end to JV talks

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BMW and Fiat have refuted reports that they are dropping talks over cooperation between their Mini and Alfa Romeo brands. Full story...
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