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Dec
9th

Kroymans to stop European Cadillac sales

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Kroymans Corporation will stop distributing General Motors' Cadillac, Corvette and Hummer brands in Europe next year, a Dutch newspaper reported today. The Dutch dealer group has distributed the U.S. brands in EU markets for the past five years. Full story...
Dec
9th

SOUTH KOREA: Hyundai i10 a hit in Germany

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The Chosun Ilbo reports that Hyundai Motor's i10 is a major hit in Germany. Full story...
Dec
9th

INDIA: JLR looks to India for sales

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Under pressure Jaguar Land Rover (JLR) is hoping to increase sales in its parent's (Tata) home market, India. Full story...
Dec
9th

CHINA [updated 13:15GMT]: Ford denies Volvo sale talks with Changan

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Ford and China's Changan Automobile Group have not talked about selling Volvo Car to the Chinese automaker though Ford executives met with Changan officials to inform them "as a courtesy" that Ford was looking for a Volvo buyer, a person "familiar the with the situation" told the Wall Street Journal Asia. Full story...
Dec
9th

RUSSIA: AvtoVAZ sets up supply chain department

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It is perhaps a sign of an adoption of more modern auto industry ways now that AvtoVAZ is part of an international alliance with Renault. Full story...
Dec
9th

INDIA: Car prices fall on tax change

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A number of Indian carmakers, including Maruti, Hyundai, Mitsubishi and Toyota have cut prices by 3-3.5% this week on the back of an Indian government tax change. Full story...
Dec
9th

PHILIPPINES: Vehicle sales down 8% this year

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Vehicle sales in the Philippines have posted a month-on-month decline for the second consecutive month this year with a 7.7% decline in November. Full story...
Dec
9th

US: Negotiations continue over auto bail-out

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The Bush White House still needs assurances Detroit's automakers would survive after a $15bn federal bailout, it emerged last night. Full story...
Dec
9th

VW seeks state guarantees for finance units

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Volkswagen has sought state guarantees from Berlin for its financial services and banking units, Europe's biggest carmaker said on Tuesday, becoming the first manufacturer to take such a step in Germany. Full story...
Dec
9th

Volkswagen Scirocco R – First Pictures

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Show star previews R20T due for 2010 with spectacular bodykit and Audi S3-sourced turbo Full story...
Dec
9th

Porsche 911 GT3 RS

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Our spies have grabbed the latest images of the thrilling new GT3 RS testing. Full story...
Dec
9th

CHINA: Chrysler and Chery halt production deal

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Chrysler and Chery Automotive have ended cooperation talks, the two companies said separately, both blaming the global economic slowdown. Full story...
Dec
9th

US: Edmunds questions motives of federal loan opposers

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As the debate rages over a federal loans package (aka 'bail-out') for the Detroit Three, analysts at Edmunds have questioned the motives of some lawmakers who have been vocal in their opposition to federal assistance for Detroit. Full story...
Dec
9th

S KOREA: Kia denies it has set 2009 sights lower

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The second largest South Korean auto manufacturer has denied local reports it is reducing its unit sale targets in 2009. Full story...
Dec
9th

TMD files for insolvency for German plants

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German brake pads maker TMD Friction said on Monday it has filed for insolvency for four German plants, citing heavy strain on its liquidity and working capital. Full story...
Dec
9th

Ford to halt Russian plant for month due to crisis

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U.S. automaker Ford Motor said on Monday it would suspend production at its Russian plant for one month, as the global financial crisis slashes demand for cars. Full story...
Dec
9th

Report: Ford discusses Volvo sale to China Changan

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Ford Motor is in talks to sell its Volvo car business to its China partner Changan Automobile Group, the National Business Daily reported on Tuesday, citing an unnamed source at the Chinese company. Full story...
Dec
9th

White House says aid must ensure automakers’ survival

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The White House voiced concern about a Democratic plan on Monday to bail out the Detroit 3 with up to $15 billion in loans and provide longer-term help if certain conditions were met. President George W. Full story...
Dec
9th

2009 Cadillac CTS-V First Impressions

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Okay, I have so much to tell you about the new 2009 Cadillac CTS-V that I don't know where to start. First, there's the outrageous power that makes it the fastest production sedan ever produced by a domestic manufacturer. Then there are the incredible sound effects and driving dynamics, not to mention the fact that it's the first serious American threat to the German performance leaders. Full story...
Dec
9th

NASCAR: Incorrect rumours about the Nationwide Series

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An unfounded rumour has been flying around Montreal saying that the NASCAR Nationwide race to be held next August at Le Circuit Gilles-Villeneuve might be cancelled. Full story...
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