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Oct
29th

GM’s new small global sedan goes on sale in Korea

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General Motors' new global small sedan, which will be sold as the Chevrolet Cruze in the United States, went on sale here today. In Korea, the car is called the Daewoo Lacetti. Its 1. Read more ...
Oct
29th

Reuters: Major issues resolved in GM-Chrysler talks

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General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...
Oct
29th

Major issues resolved in GM-Chrysler talks

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General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...
Oct
29th

Goeser retires as CEO at Ford of Mexico

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Ford Motor Co. said today that Louise Goeser is retiring as CEO of Ford of Mexico and will be replaced by company veteran Eduardo Serrano, currently the unit's COO. Goeser, 55, joined Ford in 1999 as vice president of quality. Read more ...
Oct
29th

JAPAN: Toyota launches cheaper Corolla models

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Toyota has started selling cheaper versions of the Corolla Axio sedan and Fielder station wagon with less standard equipment. Read more ...
Oct
29th

SOUTH KOREA: Chevrolet maker keeps to ’08 target

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GM Daewoo Auto & Technology, the GM South Korean unit that makes most of the Chevrolet brand cars sold outside North America, is on course to meet its 2008 domestic sales target, its vice president said on Wednesday. Read more ...
Oct
29th

US: BorgWarner adjusts full-year outlook

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BorgWarner on Wednesday said international sales offset steep declines in US revenue due to declining economic conditions there as it reported third quarter results and adjusted its outlook to reflect deteriorating global economic conditions and automotive production declines in Europe. Read more ...
Oct
29th

BorgWarner posts loss, sees flat 2009 sales

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U.S. auto parts supplier BorgWarner Inc. said today it posted a quarterly loss and said it expected the credit crisis and slower global growth to hurt its results through 2009. Read more ...
Oct
29th

S KOREA: Ssangyong falls into red as sales decline

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Falling sales at home and rising fuel costs have hit the South Korean automaker Ssangyong Motor Corp, which today reported a loss for its third quarter. Read more ...
Oct
29th

GM’s Q3 global vehicle sales fall 11.4%

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General Motors said today that its global vehicle sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2. Read more ...
Oct
29th

GM’s third-quarter global sales fall 11.4%

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General Motors said today that its global sales fell 11.4 percent in the third quarter, hurt by weak demand in North America and growing economic pressures in Europe. GM's global sales fell to 2. Read more ...
Oct
29th

Tenneco to cut 1,100 jobs, close facilities

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Tenneco Inc. is cutting 1,100 jobs worldwide and closing four North American plants as part of a restructuring which it estimates will save $64 million annually, the auto parts supplier said today. Read more ...
Oct
29th

CANADA: Government set to reject supplier loan requests

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The automotive parts industry looks unlikely to be granted its request for special financing of up to C$1 billion (US$770m) in short-term loans and loan guarantees from the Canadian and Ontario governments, according to a government minister. Read more ...
Oct
29th

US: GM sales fall on US and European woes

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Sales of General Motors' vehicles fell 11.4% in the third quarter of this year, compared to the same period in 2007 as continuing economic pressures in North America and Europe offset better performances in emerging markets. Read more ...
Oct
29th

3 dealer groups post net losses

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Three of the nation's top six publicly held dealership groups reported third quarter net losses yesterday, ushering in what analysts expect to be a grim round of reporting. Sonic Automotive Inc. Read more ...
Oct
29th

2010 Mercury Milan Hybrid Spied

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2010 Mercury Milan Hybrid Spied
2010 Mercury Milan Hybrid Spied - Fuel Efficient News, Car Features, and Reviews - Automobile Magazine
While the wraps on the 2010 Mercury Milan won't come off until November, we caught the refreshed midsize sedan testing in the cold, dark Michigan night.

While the wraps on the 2010 Mercury Milan (along with its Ford and Lincoln cousins) won't come off until November's Los Angeles auto show, we caught the refreshed midsize sedan testing in the cold, dark Michigan night.


Photo Gallery: 2010 Mercury Milan Hybrid Spied - Fuel Efficient News, Car Features, and Reviews - Automobile Magazine


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Oct
29th

Dream VW leads wild new stars…

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Luxury model is inspired by Brazilian-built SP-2 coupé. Read more ...
Oct
29th

Report: GMAC seeks bank status for rescue funding

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GMAC, the auto finance and mortgage company, is seeking to become a bank holding company in order to access the government's $700 billion financial rescue plan, the Wall Street Journal reported yesterday. Read more ...
Oct
29th

S marks spot for special Focus

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Every Zetec S get bigs alloys and bodykit; WRC pack adds diffuser. Read more ...
Oct
29th

RUSSIA: Truck gearbox JV expands

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A joint venture between German and Russian firms plans to boost truck gearbox output next year. Read more ...
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