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Latest news
                                                                                                  Hyundai reveals it's first EV the BlueOn  •  China sales up 18% in August  •  Chevy Cruze goes on sale  •  VW gives Winterkorn contract extention  •  Nissan, Dongfeng create new China brand  •  Russian cash for clunkers sees 51% increase  •  Mercedes-Benz sales in India double  •  New Bentley Continental pics  •                                                                                   
Latest news
Honda China strike perserveres  
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A strike by workers at a Honda parts supply factory in China has entered its second week, but car production has so far not been affected, the Japanese automaker said Tuesday.

California judge reviews Toyota case  
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A federal judge in California will review a plan to share information in the sprawling litigation involving alleged defects in some Toyota vehicles.

Fisker buys GM plant  
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Fisker Automotive has finalized the purchase of a former GM factory in Delaware. The hybrid automaker announced Monday it bought the 3.2 million-square-foot Wilmington Assembly plant for $20 million from Motors Liquidation Co.

Dealer closings by U.S. criticized  
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The U.S. government's push to accelerate GM and Chrysler dealership closings, aimed at helping the companies compete, may not have been necessary and added to unemployment, a U.S. watchdog said.

Prius patent trial begins  
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Toyota Motor Corp.’s Prius, the best-selling hybrid car in the world, may come to a halt if Alex Severinsky succeeds in court.

M&M hot and cold on Ssangsong  
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It has now been a couple of months since the news of M&M interested in the buy of the cash-strapped Korean automaker, Ssangyong Motors but the company has recently hit a roadblock as promoters look for ways to maintain at least 26% in the company.

Ssangsong Motor files for bankrupcy
SAIC plots refinancing  
Carmagazine.com
China’s top automaker SAIC Motor Corporation (SAIC) recently announced that it will raise up to $1.47 billion through a private share placement.

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