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Jun
2nd

British LDV in administration as backer pulls out

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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover. Full story...
Jun
2nd

UK: LDV heads for administration, again

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UK-based van maker LDV has announced that it has been forced to reapply for administration to protect the assets of the business. It said in a statement that essential funds required to maintain the business as a going concern were 'unavailable'. Full story...
Jun
2nd

Mini Jazz on way

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Honda is joining the micro-car class with its own Toyota IQ rival
Full story...
Jun
2nd

Polo MPV has Note in sight

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New supermini could spawn small people carrier
Full story...
Jun
2nd

British PM confident about saving Vauxhall jobs

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Britain is confident it can save many jobs at U.K. carmaker Vauxhall after its parent, General Motors, filed for bankruptcy protection, Prime Minister Gordon Brown said on Monday. Full story...
Jun
1st

New Honda wagon spied testing before fall debut:

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You need some cargo room, but you don't want an SUV, a minivan or a pickup. What to buy? Honda thinks it might have an answer in this wagon with a sporty, sloped roofline. Full story...
Jun
1st

First Drive: 2010 Ford Transit Connect

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First Drive: 2010 Ford Transit Connect
2010 Ford Transit Connect - Ford Compact Minivan Review - Automobile Magazine
The 2010 Ford Transit Connect is proof that there is life--intelligent life--in van land.

The U.S. auto market may be fast-moving and competitive, but one subset, commercial vans, is neither. Looking much the same as it did during the Nixon administration, it has seen few innovations and fewer new entries. The only real change is that the big Dodge van--dressed in the same duds since the early '70s--finally expired a few years ago, when the Mercedes-Chrysler tie-up brought us the Sprinter van to replace it. Half-hearted attempts to make work vehicles out of passenger haulers, such as panel-truck versions of the Dodge Caravan and the Chevy HHR, have met with little success.


Photo Gallery: 2010 Ford Transit Connect - Ford Compact Minivan Review - Automobile Magazine


Full story...
Jun
1st

FRANCE: Doomed Conti workers get much better deal

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French unions at tyre maker Continental said on Sunday they had won an agreement from management to give them a minimum pay-off of EUR50,000 (US$69,970) in compensation for the plant's closure. Full story...
Jun
1st

GM revival hinges on speedy exit from bankruptcy

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The decision to push General Motors into a fast-track bankruptcy and revive the failed American industrial icon with unprecedented federal funding and oversight marks a huge gamble for the Obama administration. Full story...
Jun
1st

U.S. autos task force to motor on, monitor stakes

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Even if General Motors and Chrysler LLC emerge swiftly from bankruptcy this summer, the Obama administration's autos task force will stay in business -- shifting to an investment manager role. Full story...
Jun
1st

U.S. plans $30.1 billion financing for GM bankruptcy

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The Obama Administration expects to take General Motors into Chapter 11 bankruptcy today and quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement. Full story...
Jun
1st

Sweden Prime Minister fears Opel deal is bad news for Saab

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Swedish carmaker Saab is in a difficult position after being left out of the deal by General Motors to sell its German unit Opel, Prime Minister Fredrik Reinfeldt was quoted as saying on Saturday. Full story...
Jun
1st

Sweden PM fears Opel deal is bad news for Saab

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Swedish carmaker Saab is in a difficult position after being left out of the deal by General Motors to sell its German unit Opel, Prime Minister Fredrik Reinfeldt was quoted as saying on Saturday. Full story...
Jun
1st

U.S. providing $30.1 billion financing for GM bankruptcy

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The Obama Administration took General Motors into Chapter 11 bankruptcy today and moved quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement. Full story...
May
31st

U.S. plans $30.1 billion financing for GM bankruptcy

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The Obama Administration expects to take General Motors into Chapter 11 bankruptcy Monday and quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement. Full story...
May
31st

Conti payoff ends to fight over plant closure

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French unions at tire maker Continental AG said on Sunday they had won an agreement from management to give them a minimum payoff of 50,000 euros ($69,970) in compensation for the plant's closure. Full story...
May
31st

Conti plans big payoff to end plant closure fight in France

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French unions at tire maker Continental AG said on Sunday they had won an agreement from management to give them a minimum payoff of 50,000 euros ($69,970) in compensation for the plant's closure. Full story...
May
31st

Sweden PM fears Opel deal is bad news for Saab

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Swedish carmaker Saab is in a difficult position after being left out of the deal by General Motors to sell its German unit Opel, Prime Minister Fredrik Reinfeldt was quoted as saying on Saturday. Full story...
May
31st

GM bondholder deadline passes as bankruptcy looms

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General Motors finished a key piece of business on Saturday before a bankruptcy filing planned for Monday as the deadline expired for bondholders to accept an exchange offer brokered by the Obama administration. Full story...
May
30th

GM deadline passes for creditors to accept sweetened offer

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General Motors today finished a key piece of business before a bankruptcy filing planned for Monday as the deadline for bondholders to accept an exchange offer brokered by the Obama administration expired. Full story...
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