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Apr
30th

UK: Malaysian firm still interested in LDV – report

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A senior UK government minister is organising talks between banks and a potential buyer for van maker LDV according to a British media report. Full story...
Apr
30th

Chrysler to file for bankruptcy as Fiat deal appears close

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Chrysler LLC will proceed with Chapter 11 bankruptcy protection now that talks with debt holders have broken down, an administration official said today. Full story...
Apr
30th

Chrysler will proceed with bankruptcy as Fiat deal appears close

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Chrysler LLC will proceed with Chapter 11 bankruptcy protection now that talks with debt holders have broken down, an administration official said today. Full story...
Apr
30th

US: GM small investors voice concerns

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Warren Mayor Jim Fouts and many of the GM "Main Street" bondholders came together yesterday to launch a coalition to demand a voice in GM bankruptcy talks with the Obama Administration. Full story...
Apr
30th

‘Reasonable optimism’ on Fiat-Chrysler deal, Italy minister says

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There is "reasonable optimism" that a deal between Fiat S.p.A. and Chrysler LLC could be announced on Thursday, Italy's industry minister said on Thursday after talking with Fiat's top management. Full story...
Apr
30th

Lookers holds back 2008 dividend

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British car dealer Lookers Plc. posted a 43 percent fall in 2008 adjusted pretax profit due to higher administration and distribution expenses, and said the company was not proposing a final dividend as it was planning to reduce debt. Full story...
Apr
30th

No 2008 dividend from U.K. dealer group Lookers

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British car dealer Lookers Plc. posted a 43 percent fall in 2008 adjusted pretax profit due to higher administration and distribution expenses, and said the company was not proposing a final dividend as it was planning to reduce debt. Full story...
Apr
29th

White House says Chrysler-Fiat deal still not certain

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The Obama administration said today U.S. automaker Chrysler LLC and Italy's Fiat SpA needed to clear some hurdles if they were to complete an alliance before an April 30 deadline for a deal. Full story...
Apr
29th

This week’s mag

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Smallest Audi ever, electric MINI revealed, in-depth look at this year's budget, Jaguar 'R' cars group test special


Full story...
Apr
29th

GERMANY: Government hears Magna’s Opel proposal

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Canadian partsmaker and contract vehicle assembler Magna has broadly outlined an offer to take control of Opel, German economy minister Karl-Theodor zu Guttenberg said. Full story...
Apr
29th

British vanmaker LDV close to collapse

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British-based vanmaker LDV, owned by Russia's second biggest carmaker GAZ, said on Wednesday that it had filed to hand over control of the company to administrators. Full story...
Apr
29th

UK [updated 13:20BST]: Vanmaker LDV files for administration

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UK vanmaker LDV, owned by the Russian GAZ group, on Wednesday said it had applied for administration. Full story...
Apr
29th

UK: Vanmaker LDV files for administration

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UK vanmaker LDV, owned by the Russian GAZ group, on Wednesday said it had applied for administration. Full story...
Apr
29th

2009 SCL Green Supply Chain Award presented to Frito Lay Canada

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OTTAWA, April 29 /CNW Telbec/ - Canada's Transport Minister, John Baird, announced today that Frito Lay Canada is the recipient of the 2009 SCL Green Supply Chain Award. The award, which is issued by Supply Chain and Logistics Association Canada (SCL), is sponsored by Transport Canada and was presented yesterday in Vaughan, Ontario. Full story...
Apr
29th

2009 SCL Green Supply Chain Award presented to Frito Lay Canada

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OTTAWA, April 29 /CNW Telbec/ - Canada's Transport Minister, John Baird, announced today that Frito Lay Canada is the recipient of the 2009 SCL Green Supply Chain Award. The award, which is issued by Supply Chain and Logistics Association Canada (SCL), is sponsored by Transport Canada and was presented yesterday in Vaughan, Ontario. Full story...
Apr
28th

When Saturn goes, so does a quarter of GM’s hybrid sales

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When General Motors closes down Saturn later this year, it will lose just over a quarter of its sales of fuel-saving hybrids -- the type of vehicles that the Obama administration wants automakers to build more of. Full story...
Apr
28th

RUSSIA: Government OKs regional auto purchases

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Russia's industry and trade ministry has approved a list of car manufacturers whose models are eligible for regional government purchases under a federally and regionally financed 30bn ruble programme, business daily Vedomosti reported. Full story...
Apr
28th

Renault plans Twingo-based convertible

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PORTO, Portugal -- Renault is developing a convertible based on its Twingo minicar, a company executive told Automotive News Europe. Full story...
Apr
28th

GERMANY: Magna meeting government to talk Opel

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German economy minister Karl-Theodor zu Guttenberg is meeting senior representatives of Magna on Tuesday to discuss a possible investment in Opel. Full story...
Apr
28th

German Economy Minister meets Magna on Opel

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German Economy Minister Karl-Theodor zu Guttenberg is meeting senior representatives of Magna on Tuesday to discuss a possible investment in Opel. A ministry spokesman said the two parties would discuss the Austrian-Canadian firm's ideas. Full story...
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