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Nov
18th

Tax charge drags down ArvinMeritor earnings, but sales rise

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ArvinMeritor Inc. boosted revenue during its fiscal year and fourth quarter, but posted net losses for both periods from fourth quarter tax charges. Full story...
Nov
18th

Ford Mustang GT

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Leaked images of new muscle car reveal a host of changes. Full story...

Stop by AmericanMuscle.com for a new Mustang Wing.
Nov
18th

SWEDEN: Volvo Trucks’ sales down 5% in Oct

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Volvo Truck has said that worldwide deliveries were down 5% in October at 9,410 trucks. Full story...
Nov
18th

Baby Rolls gets iDrive

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First interior spy shots show RR4 gets BMW's control system Full story...
Nov
18th

Leon shapes up to mark title victory

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Air vents and spoilers to mark out Leon. Full story...
Nov
18th

THAILAND: Toyota says local output to fall

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Toyota Motor Thailand (TMT) says it will make fewer vehicles next year than the 570,000 estimated this year as exports have been hurt by the global recession. Full story...
Nov
18th

UK: Government funding linked to new congestion charge

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The UK government is reportedly threatening to withhold public funding for infrastructure projects in Manchester, unless the city agrees to introduce a congestion charge. Full story...
Nov
18th

CHINA: Great Wall dissolves Russia JV

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Great Wall Motor and its Russian partner have decided to dissolve their joint venture because of recent protectionist measures in Russia. Full story...
Nov
18th

THAILAND: Chery signs vehicle assembly deal

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Chery automobiles will be assembled in Thailand after a deal has been concluded between Chery and local operation Thai Chery Yarnyon to assemble KD kits. Full story...
Nov
18th

GERMANY: Daimler delays old HQ building work

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Daimler has delayed plans to knock down its old headquarters building in Untertürkheim and replace it. Full story...
Nov
18th

Auto Express completes 24hr race

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Team Auto Express race through the night for Children in Need… Full story...
Nov
18th

JAPAN: Fitch may downgrade Toyota’s AAA rating

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If evidence was required that conditions are tough in the auto industry even for stellar performers, ratings agency Fitch has just provided some. Full story...
Nov
18th

US: Infiniti announces new business unit

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Nissan North America, Inc. has announced the creation of the Infiniti Business Unit, a new organisation designed to maximise customer service and efficiencies in the luxury market. Full story...
Nov
18th

EU’s Verheugen signals support for German Opel help

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European Union Industry Commissioner Guenter Verheugen on Tuesday signalled support for a German offer to help ailing carmaker Opel, saying he welcomed measures that would prevent the firm from disappearing. Full story...
Nov
18th

GERMANY: Controversy over government guarantees for Opel

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News that the German government will bail out Opel if difficulties at its parent company, GM, means it does run out of funds, are not without controversy. Full story...
Nov
18th

US: Ford to sell slice of Mazda

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As widely anticipated, Ford has today announced it is to sell a slice of its Mazda stake to help bolster its cash position. Ford retains a significant stake, but its influence within the Mazda boardroom will now be much reduced. Full story...
Nov
18th

EU’s Kroes: Car firms can’t be bailed out

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The European car industry cannot expect to be treated in a similar way to the financial sector and countries must not offer automakers unfair incentives, the EU competition commissioner said on Tuesday. Full story...
Nov
18th

UK: New CEO at MIRA

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Automotive design, development & certification consultancy MIRA says it is accelerating its drive into new business sectors and increasing international growth with the appointment of Dr George Gillespie as CEO. Full story...
Nov
18th

GERMANY: Government ready to help Opel

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German Chancellor Angela Merkel has said that the German government is ready to guarantee funds for Opel, if that becomes necessary. Full story...
Nov
18th

Germany says it’s ready to give Opel guarantees

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The German government is ready to guarantee funds for ailing carmaker Opel but any money it provides to the General Motors' unit must stay in Germany, Chancellor Angela Merkel said on Monday. Full story...
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