Industry: Latest News
Ford Introduces First Inflatable Seat Belts [Video]November 6, 2009 7:17:00 PM
New technology meant to help prevent head, chest and neck injuries for rear passengers, especially the more vulnerable such as children and the elderly.
Chrysler Outlines 5 Year Fiat Based Product PlanNovember 5, 2009 4:19:22 PM
Chrysler has outlined their five-year product plan during a lengthy press conference at their Technology Center in Auburn Hills, Michigan.
GM Board Decides to Keep OpelNovember 4, 2009 3:58:52 PM
In a surprise move, GM's board of directors has decided to keep Opel. While details are scarce, the board believes Opel and Vauxhall are vital to the success of General Motors.
Porsche Norway detunes the Boxster and Cayman for reduced import taxationOctober 30, 2009 3:32:08 PM
Oddly enough, Porsche is claiming the weakened cars are just as fast as the usual models. A manually equipped Norwegian Boxster can run from 0-100 km/h in 5.9 seconds, while the Cayman can do the same...
Porsche to Share Panamera and 911 Platforms with VW GroupOctober 27, 2009 5:45:41 PM
New Porsche CEO Michael Macht said more production synergies can be had between Porsche and VW Group now that the two German automakers have merged.
Ex-Ford Engineer Charged with Selling Trade Secrets to ChineseOctober 19, 2009 5:15:00 PM
A former Ford employee has been charged with stealing company secrets and attempting to sell them to Chinese automakers.
GM to close Saturn after Penske pulls out of dealOctober 1, 2009 3:32:00 PM
The Saturn brand is soon to be no more after Penske pulled out of a deal that would have secured jobs for thousands. Find out how many will be out of work inside.
Hyundai Withdraws from Tokyo Motor ShowSeptember 29, 2009 4:49:03 PM
Tokyo show losing its international stature with no major U.S. or European automakers attending.
Tata to Close Jaguar or Land Rover Factory in UK by 2014September 24, 2009 10:40:21 PM
Tata plans to shutter one of their central England factories within the next four years. Several thousand jobs could be lost.
Fisker Approved for $529M Government LoanSeptember 23, 2009 5:33:09 PM
Fisker has been awarded a $529 million dollar low-interest government loan by the US Department of Energy.
MAZDA2 subcompact confirmed for U.S. and Canada in late 2010September 18, 2009 7:05:00 PM
Good news for North American lovers of small, well-handling and fuel-efficient cars is that the Mazda2 is headed their way. First appearance will be the LA Auto Show.
BMW confirms 4-cylinder engines for U.S.September 18, 2009 3:35:10 PM
BMW North plans to introduce twin turbo four-cylinder power to its next-generation 3 Series. The car is due in Germany in 2011 and in the US by 2012.
GM to sell Opel, Vauxhall to MagnaSeptember 10, 2009 8:14:24 PM
GM will sell two brands, Opel and Vauxhall, to parts manufacturer Magna International, nearly concluding a months long saga about the fate of 50,000 employees.
MINI Coupe and Roadster Concepts Confirmed for Production at Plant Oxford UKSeptember 4, 2009 5:43:48 PM
Excitement was in the air at the MINI plant in Oxford when BMW chairman announced that two very exciting new models would soon be built at the plant.
Porsche Panamera Platform to be Shared with Other VW Brands - reportSeptember 4, 2009 5:13:48 PM
VW has a host of luxury brands which could benefit from the Panamera platform including Audi, Bentley and Bugatti. Sources have said that the Panamera platform will not be shared with Lamborghini.
MINI Boss Expecting Positive Response for Coupe Concept [Video]September 2, 2009 6:49:55 PM
MINI's US boss, Jim McDowell, has revealed new details about the MINI crossover as well as his expectations for the Coupe concept.
Porsche Panamera, Cayenne to be axed in wake of VW takeoverSeptember 1, 2009 6:21:28 PM
While the models would likely survive until 2016, Ferdinand Piëch wants Porsche to focus on sports cars instead of doing a little bit of everything.
Toyota concerned about aging owner base for LexusAugust 31, 2009 5:34:08 PM
Lexus does not appear to be attracting younger buyers, something that probably worries its owner Toyota. Research says the average Lexus owner is 56 years of age, almost as old as the average Buick bu...
VW to triple US sales by 2018 to 800,000 - strategy outlinedAugust 27, 2009 5:40:32 PM
German automaker will also add more models to its North American lineup and create new products that are more directly suited to the market.
GM considers keeping Opel - needs to raise $4.3 billionAugust 25, 2009 2:45:01 PM
General Motors would need to raise US$4.3 billion if it decided to keep Opel, a report claims. This option is being considered along with bids from companies like Magna.
Porsche HQ raided by prosecutors, Ex CEO Wiedeking faces investigationAugust 21, 2009 2:58:41 PM
The probe appears to focus on Porsche's failed attempt to seize control of Volkswagen, which caused VW shares to soar past 1,000 Euros each.
GM to review final bids for Opel today - German gov puts €4.5 billion behind MagnaAugust 21, 2009 1:58:41 PM
GM under pressure from German government to sell Opel to Canadian/Austrian auto parts maker Magna International Inc.
Hyundai-Kia passes Ford as world's 4th largest automakerAugust 19, 2009 4:41:35 PM
Hyundai-Kia sold more cars during the first half of 2009 than Ford. The result was that the company moved into fourth position globally after Toyota, General Motors and Volkswagen.
GM and Koenigsegg sign 100 percent stock purchase agreement for SaabAugust 18, 2009 3:15:00 PM
The agreement is contingent on several pre-negotiated conditions, including Swedish government support and transitional assistance from GM.
New VW, Porsche entity could be called Auto Union - Agreement on general sale terms metAugust 13, 2009 3:23:16 PM
Combined company would generate about 120 billion euros a year in sales. VW and Porsche have agreed on an outline agreement and questions of valuation have been resolved but the details still need to ...
GM, eBay announce car-selling trials in CaliforniaAugust 10, 2009 7:55:38 PM
The two companies will team up to create a unique 'click and buy' website which will allow California residents to purchase select Chevrolet, Buick, GMC and Pontiac models online.
Pininfarina family stake to be sold - Tata potential suitorAugust 10, 2009 6:25:38 PM
Financially troubled Pininfarina could end up in the hands of Tata. The owners of Jaguar have been touted as possible takers of a stake in the Italian design house after the Pininfarina family resolv...
Senate to pass extra $2B Cash for Clunkers program todayAugust 6, 2009 3:52:59 PM
Republican and Democratic senators have come to a compromise that would allow the funding bill to be passed.
Opel bankruptcy now an option - reportAugust 3, 2009 6:20:14 PM
Infighting amongst the current ownership at Opel and Vauxhall may force the two automakers into bankruptcy if a compromise is not realized.
Cash For Clunkers Program Suspended?July 31, 2009 1:31:54 PM
Several sources have stated the Obama administration is planning to suspend the incentive program within the matter of days.
