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Jan
23rd

MOROCCO: Nissan ‘reviewing’ Morocco project

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Nissan is apparently reviewing its joint participation in a new factory in Morocco with its French partner Renault. Full story...
Jan
23rd

RUSSIA: Hyundai postpones St Pete plant construction

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Hyundai Motor has postponed the construction of its assembly plant in St Petersburg, according to media reports. Full story...
Jan
23rd

Report: VW CFO says company could make Q1 loss

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Volkswagen's 2008 earnings and sales will be higher year-on-year, but the first quarter of 2009 could see Europe's biggest carmaker sink into the red, its finance chief told a newspaper Friday. Full story...
Jan
23rd

RUSSIA: Dealer closes outlets

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As Russia's car market goes into reverse on the back of the financial crisis gripping its banks, Russian car dealer Incom-Auto has closed several of its outlets as many carmakers chose not renew agreements with the dealership in 2009. Full story...
Jan
23rd

RUSSIA: AvtoVAZ agrees terms on IzhAvto buy

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AvtoVAZ has agreed with SOK Group on all key terms relating to the purchase of struggling carmaker IzhAvto, according to Russian media reports. Full story...
Jan
23rd

ITALY: Fiat CEO does not want to run Chrysler

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Fiat's chief executive has insisted he does not want to run Chrysler should a proposed alliance between the two automakers proceed. Full story...
Jan
23rd

IRAN: Iran Khodro expands offering in Turkey

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Iran Khodro is now exporting its Samand TU5 with automatic gearbox and newly designed Samand Soren to Turkey. Full story...
Jan
23rd

US: Chrysler launches new ’employee pricing’ incentives

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Chrysler has announced a new 'employee pricing plus plus' incentive programme for all customers offering employee prices for all 2008 and 2009 models plus discounts of up to US$3,500 on 2009 model year vehicles and $6,000 on 2008 models. Full story...
Jan
23rd

US: Chrysler should repay fed loan if Fiat takes over – senator

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A US senator has told the new president Chrysler should repay the recent federal loan it received recently if Fiat takes a majority stake Full story...
Jan
23rd

GOLDING’S TAKE: Chrysler gets a fine Italian suit

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He is a piece of work that Marchionne. He knows that Chrysler has got to go back to Congress on 31 March and tell the custodians of the public purse what they are going to do to turn the company around. Full story...
Jan
23rd

TURKEY: Production seen in decline for 2009

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Vehicle production in Turkey reached 1,147,110 units of production in 2008, which was 4% ahead of 2007's level. Full story...
Jan
23rd

Report: Schaeffler owner aims to take top post at Conti

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Schaeffler Group owner Maria-Elisabeth Schaeffler wants to become supervisory board chairman at Continental, the Financial Times Deutschland reported Friday, citing a company insider. Mrs. Full story...
Jan
23rd

Volvo S60

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S60’s accident breakthrough Full story...
Jan
23rd

Subaru Legacy

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Next Legacy goes on show Full story...
Jan
23rd

SPAIN [updated 15:30GMT]: Seat reveals ‘Twin Drive’ hybrid prototype

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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology. Full story...
Jan
23rd

SPAIN: Seat reveals ‘Twin Drive’ hybrid prototype

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Volkswagen's Spanish unit Seat has unveiled a Leon-based petrol/electric hybrid prototype with 'Twin Drive' technology. Full story...
Jan
23rd

Scott Speed – Speed Freak

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Scott Speed - Speed Freak
Scott Speed - NASCAR Sprint Cup Racer - Automobile Magazine
This year's wildest - and most promising - rookie, Scott Speed doesn't fit the typical NASCAR mold, and he likes it that way.

NASCAR Sprint Cup drivers come in three basic flavors: You've got the good ol' boys, who never met a piece of syntax they couldn't mangle. You've got the corporate shills, who never met a product they couldn't hawk. And then there's Scott Speed, the open-wheel refugee with the name - and backstory - that's almost too good to be true.


Photo Gallery: Scott Speed - NASCAR Sprint Cup Racer - Automobile Magazine


Full story...
Jan
23rd

Stock Car Racer: Scott Speed – Speed Freak

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Stock Car Racer: Scott Speed - Speed Freak
Stock Car Racer: Scott Speed - NASCAR Sprint Cup Racer - Automobile Magazine
This year's wildest - and most promising - rookie, Scott Speed doesn't fit the typical NASCAR mold, and he likes it that way.

NASCAR Sprint Cup drivers come in three basic flavors: You've got the good ol' boys, who never met a piece of syntax they couldn't mangle. You've got the corporate shills, who never met a product they couldn't hawk. And then there's Scott Speed, the open-wheel refugee with the name - and backstory - that's almost too good to be true.


Photo Gallery: Stock Car Racer: Scott Speed - NASCAR Sprint Cup Racer - Automobile Magazine


Full story...
Jan
23rd

Source: Toyota considers job cuts in UK, U.S.

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TOKYO/DETROIT (Reuters) -- Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said. Full story...
Jan
23rd

Source: Toyota considers job cuts in UK, U.S.

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Toyota is considering cutting full-time employees in North America and the UK, a company source familiar with the matter said. Full story...
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