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Dec
16th

SOUTH KOREA: Automakers group sees 2009 fall

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South Korean automakers expect both domestic sales and exports to fall next year as the global downturn spreads. Full story...
Dec
16th

Moody’s sees 70% chance of auto bankruptcy

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A prepackaged bankruptcy filing with government financial aid is the most likely scenario for the three large U.S. automakers, Moody's Investors Service said on Monday. Full story...
Dec
16th

Opel boosts output of Insignia

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Germany's Opel, a unit of GM, is increasing production at its key Ruesselsheim plant to keep up with demand for its new Insignia model. Full story...
Dec
16th

Report: Detroit 3 failure = 500,000 lost Ontario jobs

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If all three Detroit automakers go out of business, the Canadian province of Ontario could lose 517,000 jobs by 2014, the Toronto Star newspaper reported on Tuesday, citing a new provincial report. Full story...
Dec
16th

CHINA: US supplier plans battery plant

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Amid all the cutback gloom, some good news - a key supplier is to build a new parts plant in China. Full story...
Dec
16th

Volvo adds more safety to S60

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Volvo will add new safety features and more fuel-saving technology to its next S60 sedan, which will debut as a concept at the Detroit auto show in January. Full story...
Dec
16th

Fiat search for partner intended to pressure govt

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Fiat's admission that its car business needs a partner to survive the economic crisis is as much a way to put pressure on the Italian government as it is an invitation to potential buyers. Full story...
Dec
16th

UK car industry calls for urgent aid

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The UK auto industry urgently needs government funding to prevent the economic downturn causing severe damage, the head of the country's trade association said. Full story...
Dec
16th

SOUTH KOREA: Ssangyong cuts production

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Chinese-owned South Korean sport utility vehicle maker Ssangyong Motor on Tuesday said it would stop production for two weeks from tomorrow (16 December) after sales fell. Full story...
Dec
16th

SPAIN: Seat plans more cuts

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Seat will reduce will production at its Martorell plant in the first half next year as sales fall and the outlook remains uncertain. Full story...
Dec
16th

US: GM would need $30bn in bankruptcy

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If General Motors was forced into Chapter 11 bankruptcy, the US government could have to lend it about US$30bn to help it through or risk a series of failures in the auto industry, a leading bank has said. Full story...
Dec
16th

GERMANY: Bosch steps up renewable energy business

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One of the world's largest component suppliers, Robert Bosch GmbH, is expanding its solar panel business. Full story...
Dec
16th

US: Automaker aid could come tomorrow

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The Bush administration is likely to provide some help to struggling Detroit automakers as early as Wednesday (17 December) but it could be as little as US$10bn, "a bridge to a bridge loan" as one report put it. Full story...
Dec
16th

Mitsubishi’s Tozer quits to join dealer group

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Mitsubishi's European CEO, Tim Tozer, is leaving the Japanese carmaker to join a Dutch dealer group. Veteran Mitsubishi executive Genishiro Nishina will succeed Tozer as the company's European boss on December 23. Full story...
Dec
16th

SWITZERLAND: Renault-Nissan adds EV partner

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Renault-Nissan and Swiss electric utility company, Energie Ouest Suisse (EOS), have announced that they will establish a vehicle battery-charging network in Switzerland. Full story...
Dec
16th

SLOVAKIA: Volkswagen on the Up!, Kia plans expansion

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Both Volkswagen and Kia are planning to expand their operations in Slovakia, according to the Slovakian economy minister, Lubomire Jahnatek. Full story...
Dec
16th

Bosch to temporarily shut down unit

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Bosch said on Tuesday it was temporarily closing down manufacturing activity of starters and generators at its Naganathpura plant from December 19 to December 31. Full story...
Dec
16th

GERMANY: Daimler JV for lithium-ion batteries

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Daimler has formed a strategic alliance to develop and manufacture lithium-ion batteries for cars and trucks. Full story...
Dec
16th

2009 Volkswagen Jetta TDI

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2009 Volkswagen Jetta TDI
2009 Volkswagen Jetta TDI - Volkswagen Fuel Efficient Sedan Review - Automobile Magazine
Is the 2009 Volkswagen Jetta TDI a diesel car that most Americans could love?

Well, this is certainly a diesel car that most Americans could love. It has lots of torque, of course, but also more revs than you'd expect. My biggest impression of the powertrain is the linearity of the power delivery and the elasticity of the throttle - the accelerator pedal has a lot of tension in it, which is good.


Photo Gallery: 2009 Volkswagen Jetta TDI - Volkswagen Fuel Efficient Sedan Review - Automobile Magazine


Full story...
Dec
16th

GERMANY: Osterloh named head of Porsche Holding works council

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The Volkswagen works council leader, Bernd Osterloh, has been appointed head of the works council at Porsche Automobil Holding. 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 van, insurance you can rely on is a must.
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