Auto News 5

Bosch has closed its Australian automotive test centre and sent equipment to other countries after failing to win enough new business from local and regional car companies following the 2008 closure of Mitsubishi Motor's manufacturing facility. Full story...

Kepler Motors, founded by World Speed Record Holder Russ Wicks, will unveil its groundbreaking MOTION supercar at this year's Dubai International Motor Show, December 16-20. Infusing state-of-the-art automotive engineering and applied science materials with the latest advanced technologies, the MOTION redefines the paradigms of the supercar with unprecedented performance, style, exclusivity, safety and efficiency. Full story...

Investors are beginning to show renewed interest in the automotive industry after months of near-frozen credit markets, bankruptcies and plummeting stock prices. In the last month, Ford Motor Co. Full story...

India's Ruia Group has acquired a 60% controlling stake in Henniges Automotive Grefrath, a German supplier of automotive sealing systems to Daimler, BMW, Audi and Volkswagen. Full story...

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. Full story...

Beijing Automotive Industry Holding (BAIC) on Monday said it had acquired some assets of General Motors' Saab unit as part of a plan to develop its own-brand cars. Full story...

Beijing Automotive Industry Holding (BAIC) on Monday said it had acquired some assets of General Motors' Saab unit as part of a plan to develop its own-brand cars. Full story...

Turkey's November vehicle production rose 30% year-on-year, the country's automotive association said, but, in the 11 month period from January to November, output was down 30%, it added. Full story...

Saab believes that a deal it announced today to sell some valuable but non-essential assets to Beijing Automotive Industry Holdings Co. is a major step toward its ultimate goal of finding a new owner. The money-losing unit of General Motors Co. Full story...

Saab believes that a deal it announced today to sell some valuable but non-essential assets to Beijing Automotive Industry Holdings Co. is a major step toward its ultimate goal of finding a new owner. The money-losing unit of General Motors Co. Full story...

Saab believes that a deal it announced today to sell some valuable but non-essential assets to Beijing Automotive Industry Holdings Co. is a major step toward its ultimate goal of finding a new owner. The money-losing unit of General Motors Co. Full story...

Saab believes that a deal it announced today to sell some valuable but non-essential assets to Beijing Automotive Industry Holdings Co. is a major step toward its ultimate goal of finding a new owner. The money-losing unit of General Motors Co. Full story...

General Motors Co. has sold key assets of its Saab brand to Beijing Automotive Industry Holding Co. Full story...

General Motors Co. has sold key assets of its Saab brand to Beijing Automotive Industry Holding Co. Full story...

Rodney O'Neal, CEO of Delphi Corp., will be a featured speaker at the 2010 Automotive News World Congress in Detroit. He will speak Wednesday morning, Jan. 13. Full story...

Saab Automobile AB announced today that it had closed on the sale to Beijing Automotive Industry Holdings Co. Ltd (BAIC) of certain Saab 9-3, current 9-5 and powertrain technology and tooling. Saab will assist BAIC to integrate this technology into future BAIC vehicles. Full story...

European auto production increased for the first time since July 2008 as output rose 11.4 percent in November to 1,436,968 units, according to estimates from J.D. Power Automotive Forecasting. Full story...

Spyker Cars NV is still in talks to buy Saab, the Dutch sports car maker's CEO said on Sunday after a report China's Beijing Automotive Industry Holding Co. had agreed with General Motors Co. to buy some of the Swedish company's assets. Full story...

Spyker Cars NV is still in talks to buy Saab, the Dutch sports car maker's CEO said on Sunday after a report China's Beijing Automotive Industry Holding Co. had agreed with General Motors Co. to buy some of the Swedish company's assets. Full story...

Saab can still find a buyer for the whole firm, a spokesman for the loss-making automaker said on Sunday after The Wall Street Journal reported Beijing Automotive Industry Holding Co. had agreed with General Motors Co. Full story...