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Dec
7th

US: Allison and Delphi sign production agreement

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Allison Transmission and Delphi Automotive Systems have agreed to share commercial truck hybrid drive system technology. Full story...
Dec
7th

Mendel will speak at World Congress

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John Mendel, executive vice president of American Honda Motor Co., will be a featured speaker at the 2010 Automotive News World Congress. He will speak Wednesday afternoon, Jan. 13. Full story...
Dec
7th

Webinars to examine used cars, credit markets

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Finding high-quality used cars and developing retail strategies to benefit from a loosening of consumer credit in 2010 will be the topics of two Automotive News Dealer Intelligence Webinars this month. Full story...
Dec
7th

Volkswagen takes 49.9 percent stake in Porsche AG

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Volkswagen Aktiengesellschaft has today taken a 49.9 percent stake in Porsche AG. The next important step on the way towards the integrated automotive group with Porsche has therefore been completed, as announced, before the end of the year. The price for the stake is E3.9 billion and is based on the enterprise value for Porsche AG calculated under a careful due diligence and valuation procedure. Full story...
Dec
7th

Fisker announces Karma production schedule

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In little more than two years Fisker Automotive has established itself as a force in the automotive industry. Full story...
Dec
4th

CANADA: GM to take full ownership of CAMI JV

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General Motors of Canada has said it will acquire full ownership of the CAMI Automotive Incorporated (CAMI) car assembly joint venture in Ingersoll, Ontario, through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor. Full story...
Dec
4th

Ford’s VIP Guest Editors at SEMA Share Their Experiences

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Ford’s VIP Guest Editors at SEMA Share Their Experiences
Ford’s VIP Guest Editors at SEMA Share Their Experiences
Scouting out the Coolest Things at SEMA

Check out the exclusive content captured by Ford's guest editors at SEMA, the Specialty Equipment Market Association. Contest winners of Ford's "The Coolest Things at SEMA - Editor for a Day contest" were invited to attend and experience SEMA first hand. These VIP Guest Editors were given credentials to this exclusive aftermarket trade show where they were given the opportunity to interact with editors from some of the leading Automotive publications such as Hot Rod, Motor Trend, Automobile Magazine, and Muscle Mustang & Fast Fords as well as asked to gather and share information on behalf of Ford via photographs, video, and blogs.inline_mediumwraptextright26172320/woamag/fords_vip_guest_editors_at_semaford_sema_banner.jpgTrue



Full story...
Dec
4th

SWEDEN: Saab sells old 9-5 tooling to BAIC

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Saab has sold the production equipment for its outgoing 9-5 models to Beijing Automotive Industry Holding Corp (BAIC), according to media reports. Full story...
Dec
4th

CHINA: SAIC, GM, to expand cooperation in Asia

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China's Shanghai Automotive Industry Corporation Group (SAIC) and General Motors Company on Friday said they would extend their cooperation in Asia to include model sharing and manufacturing facilities in India. Full story...
Dec
4th

Saab suitor BAIC gets $2.9 billion credit line

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Beijing Automotive Industry Holding Corp. has obtained a 20 billion yuan ($2.93 billion) line of credit from the Bank of China, the bank said Friday. BAIC has said it might still be interested in all or parts of General Motors Co.'s Saab unit. Full story...
Dec
4th

Saab sells equipment for old 9-5 cars to China’s BAIC, report says

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Swedish carmaker Saab has sold the production equipment for its old 9-5 models to Beijing Automotive Industry Holding Corp. (BAIC), a newspaper reported. Full story...
Dec
4th

Turkish auto sales up 3.6% in Jan.-Nov.

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Turkey's automobile distributors association said on Thursday domestic automotive sales in the January to November period rose 3.6 percent from a year before. Full story...
Dec
4th

General Motors of Canada Acquires Full Ownership of CAMI Automotive

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General Motors of Canada Limited today announced that it will acquire 100 percent ownership of CAMI Automotive Incorporated (CAMI) through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor Corporation. Full story...
Dec
4th

Nissan V2G was announced as the winner of the L.A. Auto Show’s 2009 Design Challenge

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LOS ANGELES, - This year's theme, Youthmobile 2030, asked automotive design studios to envision what a new generation of drivers - raised with cell phones, online communities and webcams - will demand from their vehicles in the year 2030 Full story...
Dec
3rd

CHINA: SAIC shares suspended pending asset restructure

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Trading in Shanghai Automotive Industry Corp (SAIC) shares on the Shanghai Stock Exchange was suspended on Thursday (3 December, 2009) because China's biggest automaker plans a major asset restructuring. Full story...
Dec
2nd

Everybody’s got an opinion on Fritz’s firing

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The ouster of General Motors Co. CEO Fritz Henderson prompted hundreds of comments on the Automotive News Web site, but certainly no consensus of opinion. Some readers are unabashedly critical of Henderson's performance. Full story...
Dec
2nd

INDIA: Tata’s November sales bounce back

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Tata Motors has seen a a huge revival in November sales this year compared to the same month last year, which was hit by global economic uncertainty and a crash in the automotive market. Full story...
Dec
2nd

Automotive Lease Guide, Kelley make residual-value forecasts

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The resale values of 2010 Toyota and Lexus vehicles will not be hurt by Toyota Motor Sales U.S.A.and#8217;s massive recall campaign, predict two companies that specialize in projections of residual values. Full story...
Dec
2nd

North America-spec 2011 Fiesta in L.A.!

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It may be the longest ramp up to a model introduction in automotive history. Ford introduces its new Fiesta to European markets in 2008, and tells us it will be Ford's first "global car" -- with "regionalized" versions to be sold in every market, well, across the globe. Full story...
Nov
30th

Customers cry foul over bankruptcy tactic

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Two auto suppliers have used the bankruptcy code to revamp at least 80 percent of their customer contracts, bucking the norm of most automotive bankruptcies seen this year. Both companies, Recticel North America Inc. Full story...
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