{UserName}

Fiat has disbanded a Chrysler team dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars. Nov. 7 06:01 CET

New-car sales in China rose 79.6 percent to 923,154 cars last month, state media reported on Saturday. That would suggest a month-on-month drop of about 9.8 percent from September, when sales rise 83.6 percent from a year earlier to 1. Nov. 7 06:01 CET

Bob Lutz will chair Opel and help steer a restructuring at the GM unit. Opel President Carl-Peter Forster is leaving the carmaker. Ex-Vauxhall exec Nick Reilly will temporarily replace Forster while GM seeks an external CEO for Opel. Nov. 6 11:46 CET | UPDATED: Nov. 6 20:35 CET  
   • Merkel wants GM's plan for Opel ready fast
   • GM confident of financing Opel restructuring
   • GM's plan for Opel similar to Magna's; 10,000 jobs to go

Magna International Inc. is not looking at taking over any other automakers following the collapse of its deal to buy a stake in General Motors Co.'s European operations, ...

Porsche Automobil Holding SE is pushing to agree an 8.5 billion euro ($12.62 billion) loan by Nov. 10, two bankers close to the deal said on Friday. The loan has been red ...

Volkswagen AG's premium brand Audi expects its vehicle sales to fall less than previously thought to more than 920,000 vehicles this year instead of about 900,000, Audi s ...

The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative ...

Renault SA has no plans to change it stake in AvtoVAZ even though Russia wants it to play a bigger role to help rescue the country's largest automaker. "We have no plan t ...

Opel auto workers in Germany downed tools to show their anger at GM's decision to abandon a a sale of the German-based unit to Magna. They blame GM for mismanaging Opel i ...
   • Opel faces 'massive cuts,' Forster tells newspaper

The Chrysler badge will disappear from cars sold in Europe by 2011 leaving the U.S. carmaker with Jeep as its only nameplate in the region. Under Fiat S.p. ...

General Motors Co. aims to more than double sales for its flagship Chevrolet brand in Europe as part of a business plan that was presented to the company's board this wee ...

The U.K. today joined other Western European countries in reporting a big rise in new-car sales in October. Car sales in Britain rose an annual 31. ...
   • 24% rise for German car sales in October
   • October car sales rise in Spain, France and Italy

Daimler plans to cut 1,000 jobs at its Mercedes-Benz Cars premium division by offering a variety of buyout packages to staff, the German carmaker said on Wednesday. ...

Skoda plans to build a low-cost family sedan, CEO Reinhard Jung said. The car would compete with the successful Logan, which is produced by Renault's Dacia subsidiary. ...

Toyota Motor Corp. said on Wednesday it will pull out of Formula One racing. Toyota, the world's largest carmaker, was the last Japanese team left in the sport following ...

The global meltdown and resulting implosion in vehicle sales over the past year have pressured everyone in the automotive sector, creating opportunities for some players ...

Fisker Automotive Inc., the builder of luxury plug-in hybrids, has picked Swiss firm Emil Frey Group to sell and service its vehicles in Europe, the company said in a sta ...

BMW AG gave a tepid outlook for the markets and predicted the euro would stay strong after third-quarter earnings before interest and tax (EBIT) shrank 86 percent to 55 m ...

Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmak ...
   • Scrappage helps boost UK Oct car sales by 31.6%
   • October car sales rise in Spain, France and Italy