banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Mar
31st

Ministers’ £16k parking fine bill

Stay connected Subscribe to our RSS feed
Ministerial cars were slapped with £15,930 worth of tickets in 2007-08 – and taxpayers have to foot the bill.


Full story...
Mar
31st

GERMANY: Potential Opel stakeholders exist – minister

Stay connected Subscribe to our RSS feed
There are private investors potentially interested in taking a stake in General Motors' German unit Opel, economy minister Karl-Theodor zu Guttenberg said. Full story...
Mar
31st

Germany’s economy minister says there is investor interest in Opel

Stay connected Subscribe to our RSS feed
German Economy Minister Karl-Theodor zu Guttenberg said today there are private investors potentially interested in taking a stake in General Motors' German carmaker Opel. Full story...
Mar
31st

France curbs perks for companies receiving state aid

Stay connected Subscribe to our RSS feed
French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today. Full story...
Mar
31st

CAFE rules stricter that California’s

Stay connected Subscribe to our RSS feed
The Department of Transportation of the National Highway Traffic Safety Administration (NHTSA) establishes CAFE (Corporate Average Fuel Economy) standards since the end of the 1970s. These standards regulate the average fuel consumption of automotive vehicles built in North America as well as the production of CO2 emissions. Full story...
Mar
30th

France curbs perks for companies receiving state aid

Stay connected Subscribe to our RSS feed
French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today. Full story...
Mar
30th

France curbs perk for companies that got state aid

Stay connected Subscribe to our RSS feed
French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today. Full story...
Mar
30th

Chrysler’s survival boils down to a deal with Fiat

Stay connected Subscribe to our RSS feed
For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Full story...
Mar
30th

Chrysler’s survival boils down to a deal with Fiat

Stay connected Subscribe to our RSS feed
For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Full story...
Mar
30th

Sources: U.S. wants to limit Fiat’s initial stake in Chrysler

Stay connected Subscribe to our RSS feed
The Obama administration's auto task force wants Fiat SpA to take a smaller initial stake in Chrysler LLC. According to people familiar to the matter, the stake could be a low as 20 percent. Full story...
Mar
30th

Key findings of the administration auto task force

Stay connected Subscribe to our RSS feed
The U.S. task force overseeing the restructuring of the auto industry today said the plans submitted by General Motors and Chrysler failed to show how they could be viable. Full story...
Mar
30th

RUSSIA: Putin promises AvtoVAZ state aid

Stay connected Subscribe to our RSS feed
AvtoVAZ can expect over 20bn roubles in state funds and should attract a further 90bn itself, Russia's prime minister Vladimir Putin said on Monday. Full story...
Mar
30th

GERMANY: Chancellor to visit main Opel plant

Stay connected Subscribe to our RSS feed
Well more than 100 journalists are expected to head for Opel's key Rüsselsheim factory on 31 March when federal chancellor Angela Merkel, defence minister Franz Josef Jung and assorted Hessen state officials visit. Full story...
Mar
30th

Putin: AvtoVAZ to get 25bn rubles from state

Stay connected Subscribe to our RSS feed
Russia's largest car maker, AvtoVAZ, can expect 25 billion rubles (about $733.7 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said today. Full story...
Mar
30th

Putin: AvtoVAZ to get more than 20bn rubles from state

Stay connected Subscribe to our RSS feed
Russia's largest car maker, AvtoVAZ, can expect more than 20 billion rubles (about $587.4 million) in state funds and should attract a further 90 billion rubles itself, Russia Prime Minister Vladimir Putin said on Monday. Full story...
Mar
30th

US: Obama pushes GM chief out

Stay connected Subscribe to our RSS feed
General Motors' chairman and CEO Rick Wagoner at the weekend fell on his sword and quit under pressure from the Obama administration ahead of today's presidential announcement that gave GM and Chrysler more time and capital to restructure, hinted at structured bankruptcies, revealed new incentives to spur sales and promised support for communities hit by the auto industry downturn. Full story...
Mar
30th

Germany warns potential Opel investors over state aid

Stay connected Subscribe to our RSS feed
Germany's economy minister said on Sunday that there were a host of investors interested in General Motors' Opel unit, but warned they could not expect Berlin to assume all the financial risks linked to the company. Full story...
Mar
30th

GM’s Wagoner forced out as U.S. rejects survival plans

Stay connected Subscribe to our RSS feed
General Motors CEO Rick Wagoner resigned under pressure from the Obama administration as the government rejected the viability proposals of GM and Chrysler LLC. Wagoner, a career GM executive and CEO since 2000, stepped down as the top U.S. Full story...
Mar
30th

GM’s Wagoner quits under U.S. pressure as 2nd bailout nears

Stay connected Subscribe to our RSS feed
General Motors CEO Rick Wagoner has resigned under pressure from the Obama administration as the government prepares to announce today a second bailout for the company and Chrysler LLC. Full story...
Mar
30th

GM’s Wagoner quits under U.S. pressure as 2nd bailout nears

Stay connected Subscribe to our RSS feed
General Motors CEO Rick Wagoner has resigned under pressure from the Obama administration as the government prepares to announce today a second bailout for the company and Chrysler LLC. Full story...
Hosted by CifTech Hosting.