Auto News 5

RS offers sub-six-second 0-60mph time, while GT24 is set to inspire new hot Scirocco. Full story...

Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy dragged industrywide demand to the lowest level in 26 years. Every automaker posted a decline as sales fell 36. Full story...

Ford, General Motors, Toyota and Honda reported U.S. sales drops of more than 30 percent in November as a staggering U.S. economy again dragged industrywide demand to 25-year lows. Ford Motor declined for a 12th consecutive month. Full story...

Ford Motor Co. and Toyota Motor Corp. said U.S. sales plunged more than 30 percent in November as an economy now officially in recession was projected to drag industrywide demand to a second consecutive 25-year low. Full story...

2011 Chevy Volt - From Gas Stations to the Electrical Grid

Squeezing more miles out of each gallon by using electricity makes sense in a world of increasingly expensive petroleum.

There have been electric cars almost as long as there have been cars, but for the last eighty years of the electric car's life, it has been relegated to the farthest fringes of the automotive universe. Electrics have been held back by their batteries, which don't pack nearly as much energy as a tank of gasoline and therefore hobble these cars with a painfully short driving range.

Photo Gallery: 2011 Chevy Volt - Fuel Efficient News, Car Features and Reviews - Automobile Magazine

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Chrysler president Jim Press has said his company needs an emergency bridge loan from Congress if it is to survive and execute a plan that will help it compete. Full story...

Teaser shot provides glimpse of next S60’s sleek shape, while the stylish feel continues inside. Full story...

Chrysler LLC needs an emergency bridge loan from Congress if it is to survive and execute a plan that will help it compete, the automaker's president said today. Full story...

General Motors plans to stop using its four Detroit-based corporate jets. Full story...

This year the LA show is overshadowed by the state of the US car industry, with the CEOs of the big three US automaker going to congress to ask for a $25 billion dollar bail-out package on the first press day... As expected, there were less new production debuts and far less concept car unveils at the show, but there were still some world debuts for several important global designs: the Nissan 370Z, Nissan Cube, Mazda3 and Lexus RX. A new Mustang, radical Honda FC Sport concept and refreshed Porsche Boxster and Cayman designs are amongst the other Highlights of the show.

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Ford Motor Co., the first of the Detroit 3 to submit its plan to qualify for federal aid, says it doesn't expect to make money until at least 2011. Full story...

A US$14bn investment in fuel saving technology, including electric commercial and passenger vehicles due out by 2011, should boost Ford's overall and North American automotive business pre-tax results to at least break-even in 2011, Ford said in a submission to the US Senate Banking Committee today, ahead of a second congressional hearing starting on Thursday. Full story...

Toyota Motor said on Tuesday it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan. Full story...

Germany's Association of International Motor Vehicle Manufacturers, or VDIK, has reported that German new car registrations fell 17.6% on the year in November to around 233,800 units. Full story...

Sales of new cars in Spain plunged 49.6% year-on-year in November to 63,068 units on the back of a sharp economic slowdown, according to ANFAC data. Full story...

SAIC subsidiary SsangYong Motor has reportedly asked for a cash injection from its Chinese parent company. Full story...

The Russian government is preparing new measures to support domestic automobile producers. Full story...

Hopes that the Brazilian auto market was relatively insulated from the global downturn in auto markets are evaporating. Vehicle sales in Brazil have fallen further for the second straight month. Full story...

Proton is exploring the possibility of undertaking CKD assembly operations in Egypt. Full story...

Detroit's Big Three automakers should quit rather than just making pay concessions in return for a US$25bn taxpayer loan, a senior US congressman has said. Full story...