Opel gets more time to lobby Germany on aid
The German government has delayed a vote which was expected to rule out federal aid for General Motors' European unit Opel, giving Opel's supporters a few more days to lobby Berlin to change its mind.
GM and Chrysler real chance for growth: Obama adviser
General Motors and Chrysler are reasonably positioned for growth after U.S. intervention saved the companies last year, and government support for the auto sector will begin to be pulled back, the manufacturing adviser to the president said on Thursday.
Honda to resume China car production on Friday
Honda Motor Co said it will resume car output at four plants in China on Friday but the outlook for next week remains uncertain as some workers at a parts factory have not yet agreed to a full return to work.
Carmakers, suppliers in electric car power struggle
Electric cars offer a chance to develop lucrative new technologies, and suppliers would benefit from grabbing more of this work -- but they will have to fight carmakers keen to hold on to control of future profits.
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Renault, Nissan aim for top 3 spot this year-paper
French carmaker Renault and its Japanese Partner Nissan should together become the world's third-biggest car manufacturer this year, Renault Chief Executive Carlos Ghosn told the Financial Times.
German car sales down for 6th month in May
Germany's new car market shrank for a sixth consecutive month as demand slumps following the end of government incentives.
German minister promises decision on Opel aid soon
Berlin promised to decide by the start of next week on whether to grant state aid to General Motors unit Opel, ending a year and a half of uncertainty over the European carmaker's future.
Hyundai domestic sales slump in May
South Korea's largest carmaker, Hyundai Motor Co Ltd, posted a steeper-than-expected 23 percent decline in domestic sales in May as competition stepped up, pulling its shares to a three-week closing low.
GM to invest $384.6 million more in Brazil factories
General Motors will invest an additional 700 million reais ($384.62 million) to modernize and boost production at a plant in Brazil, one of the world's largest auto markets, the company said on Monday.
Renault, Mahindra in race for South Korea Ssangyong Motor
France's Renault SA and India's top utility vehicle maker Mahindra are in the running to buy troubled South Korean SUV maker Ssangyong Motor, sources said on Friday, in a deal worth up to $500 million.
Mercedes maps out road to 10 pct EBIT margin aim
Daimler's passenger car division Mercedes-Benz Cars expects operating profit to reach the upper end of its forecast this year and aims to boost profitability to 10 percent of sales by the second half of 2012.
Honda says no timetable for restarting China output
Honda Motor Co is still trying to resolve a labor dispute at a China parts plant that led to the closure of all four of its car plants in the country and has no timetable for resuming production, a company spokesman said on Friday.
Toyota to hire temporary workers again: Nikkei
As production levels remain robust, the company will recruit about 350 new workers starting this July, the business daily said.
GM to develop electric car in U.S.; ends Reva tie-up
General Motors will develop electric car technology for the Indian market in its home town of Detroit, after ending a partnership with Indian firm Reva, the head of its operations in the country said.
Strike shuts Honda's China assembly plants: report
Honda Motor Co was forced to shut all four of its Chinese auto assembly plants after workers at its parts factory in southern China walked off the job, demanding a wage hike
Toyota, Daimler mull fuel-cell cooperation: report
Japan's Toyota Motor Corp and Germany's Daimler AG plan extensive cooperation in the field of fuel cells for electric cars,
Germany delays final aid decision on Opel again
Germany's Economics Minister warned on Tuesday a decision over state aid for Opel, affecting thousands of jobs, could take until early June
Double dip unlikely amid Europe turmoil: Nissan CEO
The European community is going through a period of market turmoil, but is unlikely to plunge into a double dip recession, Carlos Ghosn, chief executive of Nissan Motor Co and Renault said on Tuesday.
Honda eyes China to develop car batteries
Honda Motor Co is interested to develop electric car batteries in China to tap the country's technology and vast resources.
Toyota confident throttles not linked to recall saga
Toyota Motor Corp remains confident that its electronic throttles are sound and not behind instances of unintended acceleration that led to huge recalls, federal investigations, and lawsuits, the company's U.S. sales president said on Wednesday.
Toyota to recall Lexus in Japan for steering fix
Toyota Motor Corp, the world's biggest automaker, said it plans to recall four models of its Lexus luxury car in Japan due to steering problems, its latest move in a series of massive recalls.
Rolls-Royce CEO sells shares ahead of CGT increase
The chief executive of Rolls-Royce has sold around half of his personal shareholding in the company, ahead of an expected hike in capital gains tax in next month's emergency Budget.
FBI investigating four packages sent to Toyota
Authorities are investigating after four suspicious packages were sent to Toyota Motor Corp U.S. facilities in the past week that were later found not to contain threatening materials.
Mexican company says will not make Tata autos
Mexican auto supplier Metalsa SA de CV said on Tuesday it is not engaged in talks with Tata Motors Ltd about making Tata vehicles in Mexico.
Toyota Motor pays $16.4 million safety fine
Toyota Motor Corp has paid a $16.4 million fine to settle allegations by U.S. regulators the company was too slow to recall vehicles with defective accelerator pedals.
BMW could launch 5 Series full hybrid in 2011 -CEO
German carmaker BMW plans to take its 5 Series ActiveHybrid concept into full-scale production as early as next year and expects to introduce the dual-powertrain technology into its smaller 3 Series.
Nissan says Leaf electric car to cost under $38,100
Nissan, Japan's third-biggest carmaker, said on Monday its Leaf electric car would cost under 30,000 euros ($38,110) in most European countries after incentives offered by governments to push the new technology.
Volkswagen's 4-month sales powered by China again
Volkswagen, Europe's largest carmaker, sold 2.34 million vehicles for an increase of 21 percent during the first four months, thanks mainly to China -- destination for more than a quarter of its volume.
Chrysler watching GM financing moves closely
Chrysler Group LLC would need time to find a permanent and stable replacement for providing auto loans if it loses access to bank financing it shares with General Motors Co, Chrysler Chief Executive Sergio Marchionne said on Thursday.
Toyota to close Thai plant as crisis hit sales
Toyota Motor Corp said it would close one of its four vehicle plants in Thailand as the economic crisis hammered exports, in a rare move for what was until a few years ago the world's fastest-growing carmaker.
U.S. judge to pick lead attorneys in Toyota cases
The federal judge handling more than 100 lawsuits against Toyota Motor Corp over cars that raced out of control said on Thursday that he would decide by next week which plaintiffs lawyers would take a leading role in the massive litigation.
Egypt's GB Auto sees net profit doubling in Q2
Egypt's GB Auto expects to double its profit in the second quarter of 2010 and plans to export buses to Middle Eastern and European markets by the end of 2010, executives said on Thursday.
Volkswagen aims for break-even at Seat in next 5 years
Volkswagen is aiming for a break-even at its Spanish brand Seat in the next five years as it counts on new models to boost sales, the head of Seat said.
Sanyo to supply Suzuki with hybrid car batteries
Japan's Sanyo Electric, the world's largest maker of rechargeable batteries, said on Thursday it would supply Suzuki Motor with lithium-ion battery systems for its plug-in hybrid vehicles.
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