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Nov
19th

JAPAN: Nissan takes Cube global

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Nissan has said it will launch its fully revamped Cube compact car on the global market starting with Japan next week. Full story...
Nov
19th

SWEDEN: Scania plans resumption of production in Iraq

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Scania has signed an agreement in principle with the government of Iraq on assembly of trucks and buses in that country. The contract includes an initial delivery of 500 vehicles, with production starting during the third quarter of 2009. Operations will take place under the aegis of Iraq's State Company for Automotive Industry. Full story...
Nov
19th

Hip to be square as Cube heads to UK – Hip to be square as Cube heads to UK

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Quirky Cube given stylish interior, plus high sides give masses of headroom inside. Full story...
Nov
19th

SOUTH KOREA: Carmakers raise incentives

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The softening car market in Korea is causing local companies to cut prices and offer promotional gifts Full story...
Nov
19th

ITALY: Merkel warns on US aid

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German Chancellor Angela Merkel has said Europe will examine US measures to help troubled American automakers. Full story...
Nov
19th

German firm offers $1.3 billion to buy Opel from GM

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German solar energy company SolarWorld said on Wednesday it was prepared to acquire cash-strapped carmaker Opel's plants in Germany, but analysts dismissed the plan as unrealistic. Full story...
Nov
19th

Chery’s plan to make Chrysler cars looks dead

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In July 2007, Tom LaSorda, Chrysler CEO at the time, touted a deal in which Chery Automobile would supply Chrysler with small cars for Europe and North America. Full story...
Nov
19th

Ford of Europe to remain profitable in 2009, says CEO

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Ford of Europe will remain profitable next year despite the "unprecedented" economic downturn, its boss said. The division's third quarter pretax profits fell to $69 million from $293 million a year ago, while new-car sales are down 2. Full story...
Nov
19th

Britain’s carmakers demand access to state funds

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Britain's hard-pressed car manufacturers are demanding access to the government funds put aside to bail out the banking sector in a bid to ride out the on-going economic crisis. Full story...
Nov
19th

Fiat CEO says car aid should not be selective

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Possible government aid for Europe's ailing car industry should be broad based and not selective, Fiat CEO Sergio Marchionne said on Wednesday. Full story...
Nov
19th

Ford says it could wait on U.S. loans until 2009

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Ford Motor has the cash it needs to wait until 2009 if a U.S. government rescue package for the auto industry is delayed until January, a senior executive said on Tuesday. Full story...
Nov
19th

Ford Fiesta Saloon breaks cover

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Saloon version of blue oval's award-winning supermini debuts in China. Full story...
Nov
19th

RUSSIA: President pledges government support for auto indusry

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The Russian government will support the country's automobile industry, which has seen a drop in activity, during the financial crisis, President Dmitry Medvedev has said. Full story...
Nov
19th

Buyer’s guide: VW Golf MkV

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Demand for hatch remains strong – and we give you the lowdown on finding one second-hand... Full story...
Nov
19th

GM says Opel is not for sale

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General Motors today said its German subsidiary Opel is not for sale. Full story...
Nov
19th

JAPAN: Toyota cuts China sales forecast

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Toyota has cut its automobile sales forecast for China by 100,000 vehicles to 600,000 this year, Japan's Nikkei financial daily reported. Full story...
Nov
19th

German solar company wants to buy Opel

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German solar company SolarWorld on Wednesday announced a surprise plan to offer to buy General Motors' four German Opel plants as well as its research center in Ruesselsheim, Germany. Full story...
Nov
19th

CHINA: ‘Financial tsunami’ to hit China

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China's local car manufacturing industry will face its toughest challenge in the coming months as the 'financial tsunami' arrives, a state economist said Wednesday. Full story...
Nov
19th

Bentley keyfob’s a real gem!

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It’s the perfect way to make a Bentley even more expensive. Luxury jeweller Alexander Amosu is the brains behind this piece of Bentley bling: a key fob with 101 diamonds in the company’s famous ‘winged B’ badge. Full story...
Nov
19th

US: Big 3 CEOs ask Congress for bailout

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The bosses of the three biggest US carmakers, Ford, GM and Chrysler, have asked Congress for a USD25bn loan bailout. 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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