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Nov
24th

ITALY: Fiat turns out one millionth Grande Punto

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Fiat passed a significant milestone today when the millionth Grande Punto came off the production lines at its factory in Melfi. Full story...
Nov
24th

INDIA: Fiat begins Linea production at Tata JV

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Fiat has started production of its sedan brand Linea in India, part of its joint venture with Tat Motors. The car will be assembled at its Ranjangaon plant located near Pune in Maharashtra. Full story...
Nov
24th

US: Dana renegotiates credit deal, looks to sell assets

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Dana Holding has said it has secured an amended credit facility in a deal which the supplier group says will provide it with strategic flexibility. The company also said it had obtained permission to dispose of some non-core assets. Full story...
Nov
24th

Sarkozy: France, Germany will defend car sector

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France and Germany are determined to protect manufacturing in Europe and will not let key industries like the automobile sector disappear, President Nicolas Sarkozy said on Monday. Full story...
Nov
24th

Sarkozy says Germany, France will defend car sector

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France and Germany are determined to protect manufacturing in Europe and will not let key industries like the automobile sector disappear, President Nicolas Sarkozy said on Monday. Full story...
Nov
24th

Porsche Panamera Revealed

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Porsche Panamera Revealed
Porsche Panamera Revealed
Porsche has released the first official pictures of its upcoming Panamera four-door GT, ahead of its debut next spring. Mechanical details are scant, but the company did reveal a few basics.

Porsche has released the first official pictures of its upcoming Panamera four-door GT, ahead of its debut next spring (likely at the Geneva motor show). Mechanical details are scant, but the company did reveal a few basics.


Photo Gallery: Porsche Panamera Revealed


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Nov
24th

GERMANY: Porsche presents Panamera pics

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Porsche has released the first official photos of the four-door Panamera. Full story...
Nov
24th

2008 Rolls Royce Phantom Drophead Coupe – Dyer Consequences

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2008 Rolls Royce Phantom Drophead Coupe - Dyer Consequences
2008 Rolls Royce Phantom Drophead Coupe - Rolls Royce Luxury Convertible - Automobile Magazine
High rollin': Turning heads in the Rolls-Royce Phantom Drophead Coupe

Fact: Rolls-Royce's target customer has liquid assets deep into the eight-figure range. That's how much cash is readily available should one get the urge to splurge on a new solid-gold bowling ball, a platypus-hide humidor, or an invisible hovercraft. This is the demographic that owns a large room equipped with a pool filled with money, except they don't even swim around in it, because they have people to do that. Eventually, these tycoons, moguls, and scions are going to want to travel somewhere inaccessible by hot-air balloon or sedan chair, and for that, they'll need an automobile. I humbly suggest the Rolls-Royce Phantom Drophead Coup.


Photo Gallery: 2008 Rolls Royce Phantom Drophead Coupe - Rolls Royce Luxury Convertible - Automobile Magazine


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Nov
24th

UK: JLR seeks big government loan

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Jaguar Land Rover (JLR) is reportedly pressing the UK government for a GBP1bn loan to help it through the industry downturn. Full story...
Nov
24th

VW keeps committee limiting Porsche power

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VW's supervisory board decided on Friday to retain for now a special committee that limits top shareholder Porsche's power, rebuffing the sports carmaker. Porsche has been fighting for ways to gain more control over VW. Full story...
Nov
24th

Report: Jaguar in UK govt. talks for large loan

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British-based carmaker Jaguar Land Rover is in secret talks with the UK government over a 1 billion pound ($1.48 billion) loan, just nine months after the Indian conglomerate Tata Group bought the luxury carmaker, the Sunday Times newspaper reported. Full story...
Nov
24th

GERMANY: Daimler reevaluates investments

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Daimler is currently reevaluating all investment plans and if they do not directly contribute to improve the competitiveness of the company they will be cut. Full story...
Nov
24th

GERMANY: Guarantees for Opel are a national matter says EU

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EU industry commissioner, Günter Verheugen, has said that it would be up to the German government alone to decide whether to give guarantees to Opel in the event of its parent company's bankruptcy. Full story...
Nov
24th

GERMANY: Porsche to spell out plans for VW takeover this week

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Porsche chief Wendelin Wiedeking will set out a roadmap for the takeover Volkswagen at its financial press conference this week on Wednesday, and may give forecasts for the current year. Full story...
Nov
24th

SWEDEN: First glimpse of S60 Concept

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It's not exactly a full-on illumination, but Volvo has revealed a first glimpse of the Volvo S60 Concept car which will be unveiled at the Detroit Motor Show in early January 2009, giving an indication of what the all-new Volvo S60 will look like when it's launched in 2010. Full story...
Nov
24th

LA SHOW: Honda shows fuel cell supercar design study

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Honda's zero-emission fuel cell supercar concept - the FC Sport design study model - has been revealed at the LA Auto Show. Full story...
Nov
24th

Stephen Wynne, CEO of The De Lorean Motor Company – Q&A

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Stephen Wynne, CEO of The De Lorean Motor Company - Q&A
Stephen Wynne, CEO of The De Lorean Motor Company - Back to The Future Car - Automobile Magazine
Stephen Wynne is CEO of the De Lorean Motor Company near Houston, and he wants to sell you a new De Lorean.

How did you get started with De Loreans?
I'm a mechanic by trade, and in 1983, I had an independent shop in L.A. that worked on English and French cars. The De Lorean was basically an English/French car , so I started working on them. The company was having difficulty, and dealers didn't want to work on the cars. I got so busy that I started concentrating on De Loreans. From there, it's crept up. We opened another facility in Texas, and in 1997 I put together a deal to buy the remaining De Lorean parts inventory.


Photo Gallery: Stephen Wynne, CEO of The De Lorean Motor Company - Back to The Future Car - Automobile Magazine


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Nov
24th

Luca de Meo, Alfa Romeo CEO Interview – The Cars We Need Now!

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Luca de Meo, Alfa Romeo CEO Interview - The Cars We Need Now!
Luca de Meo, Alfa Romeo CEO Interview - Small European Cars, Fuel Efficient News, Car Features and Reviews - Automobile Magazine
Luca de Meo, Alfa Romeo CEO, discusses the Mi.To, a sporty crossover, and the move back to rear-wheel drive.

Q&A | Luca de Meo, Alfa Romeo CEO


Photo Gallery: Luca de Meo, Alfa Romeo CEO Interview - Small European Cars, Fuel Efficient News, Car Features and Reviews - Automobile Magazine


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Nov
24th

COMMENT: CEOs could have pre-empted the grilling

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Symbols matter. The Detroit 3 CEOs got slapped around in congressional hearings last week because they forgot this first rule of politics David Sedgwick is editor of Automotive News. Full story...
Nov
24th

Detroit 3 squeezed by cash crunch, politics

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If the Detroit 3's cash and credit crises don't send the companies over the edge, a political stalemate on Capitol Hill could provide the final shove. Full story...
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