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Nov
18th

Mulally: Inaction on auto aid threatens U.S. economy

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Ford Motor Co. CEO Alan Mulally warned today that a government failure to aid the auto industry would create "tremendous risks to our already fragile economy. Full story...
Nov
18th

Chrysler-ZF axle plant will seek multiple customers

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Financially strapped Chrysler LLC is going ahead with its joint venture with ZF Friedrichshafen AG to make axles at a new plant here. Production will begin in 2010 for 2011 models. Full story...
Nov
18th

Lampert raises AutoNation stake to 44.5%

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Billionaire investor Edward Lampert has raised his stake in AutoNation Inc., the largest U.S. auto dealership group, to about 44.5 percent, according to federal regulatory filings. Full story...
Nov
18th

2010 Ford Fiesta Saloon breaks cover

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Saloon version of blue ovals award-winning supermini debuts in China. Full story...
Nov
18th

GM prices two 2009 hybrid pickups

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General Motors today announced the prices of two 2009 full-sized hybrid pickups expected to be sold in January. Full story...
Nov
18th

Alabama Sen. Shelby embodies bailout opposition

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Sen. Richard Shelby, R-Ala., has become the public face of opposition to a federal bailout of the U.S. auto industry. Full story...
Nov
18th

SWEDEN: Swedish government talks to auto industry

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Perhaps taking its cue from developments elsewhere, the Swedish government is talking about future business issues with automotive companies that have operations in Sweden. Full story...
Nov
18th

CHINA: SVW selects MyClick to promote Lavida

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Shanghai Volkswagen (SVW) has selected the MyClick image recognition platform to help promote its new Lavida car via a Mobile WAP site and MMS. Full story...
Nov
18th

Ford launches employee pricing clearance sale

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Ford Motor Co., battling a 20 percent decline in U.S. sales this year, said today it is bringing back employee pricing for its year-end clearance sale beginning tomorrow. Full story...
Nov
18th

US: Arvin Meritor reports loss, confirms LV sale

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Arvin Meritor has reported a full year net loss and said that until it sells its light vehicle division, the unit will may continue to weigh down on its overall performance. Full story...
Nov
18th

Restyled Mustang: More refinement, horsepower

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The 2010 Mustang has been re-engineered and restyled -- the pony car's first major change since the 2005 model. "This car is a modern interpretation of the Mustang heritage," said Doug Gaffka, Mustang chief designer here. Full story...
Nov
18th

Audi R8 GT3 spied

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The V10 engined R8 GT3 has broken cover... And our spies have the first ever images! Full story...
Nov
18th

THAILAND: Thai vehicle sales drop 15.4% in October

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Thai vehicle sales fell by 15.4% year-on-year to 48,942 units in October - the fastest rate of decline so far this year, according to data released by Toyota Motor Thailand. The gloomy data reflects a worsening global economic outlook and ongoing political uncertainty in the country. A domestic index measuring consumer sentiment shows confidence fell to a low for the year in October. Full story...
Nov
18th

Swedish success–Volvo launches XC60 small crossover:

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Yeah, we know how you feel. You see these pictures and think, "Another and@#$%*# crossover!" and, like us, you wonder what market trends demanded this. Full story...
Nov
18th

EU: Automakers wait on financial aid decision

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European carmakers are still to receive any firm indication from Brussels about whether the sector is to receive a financial rescue package. So far, EU leaders have given no firm assurances carmakers will be bailed out of any trouble and have at times also appeared at loggerheads with each other about the best direction to take. Full story...
Nov
18th

UK: Michelin’s develops green tyre for GM

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Michelin has developed a tyre - the highly energy-efficient Michelin Primacy HP - specifically for the new Opel/Vauxhall Insignia ecoFLEX. Full story...
Nov
18th

BMW M3 convertible–Drivers log:

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SENIOR EDITOR BOB GRITZINGER: Tune an already superb 3-series chassis to M level, add a 414-hp V8 heart stopper tied to a supermanageable seven-speed dual-clutch transmission, toss in a spectacular interior, and what could possibly be missing? Maybe... Full story...
Nov
18th

BMW M3 convertible–Driver’s log:

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SENIOR EDITOR BOB GRITZINGER: Tune an already superb 3-series chassis to M level, add a 414-hp V8 heart stopper tied to a supermanageable seven-speed dual-clutch transmission, toss in a spectacular interior, and what could possibly be missing? Maybe... Full story...
Nov
18th

UK: Kuwaiti company acquires 40% of Prodrive

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Kuwaiti investment company, The Investment Dar Company (TID), has acquired a 40% stake in Prodrive, a motorsport and automotive technology business. Prodrive is based in the UK with operations in Australia and the Asia Pacific region. Full story...
Nov
18th

Redesigned Ford Mustang gives no quarter to revived competition:

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In the five years since Ford restaked its claim as the No. 1 maker of retro-muscle cars with the 2005 Mustang, competitors have come on strong with their own versions of the now tried-and-true formula. Full story...

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