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- Toyota: Hybrids to be 20 percent of global market by 2020
Hybrid vehicles -- including extended-range plug-in hybrids -- will account for 20 percent of all global vehicle sales in developing countries by 2020, Toyota's top engineer predicted Monday.
Переслать - Suzuki wants divorce from VW 'ball and chain'
Suzuki Chairman Osamu Suzuki today said he plans to end his carmaker's turbulent two-year capital alliance with Germany's Volkswagen AG, citing concerns about independence and a dearth of technological exchanges and joint projects from the tie up.Переслать - Ford-UAW will 'probably' extend contract beyond Sept. 14, Fields says
Ford and the UAW will 'most probably' need to extend their labor contract beyond its Sept. 14 expiration date, Mark Fields, the company's president of the Americas, said in an interview in Frankfurt Monday.Переслать - Opel faces an uncertain future
Opel/Vauxhall, has come a long way since GM emerged from bankruptcy in 2009. It posted its first profit for two years in the second quarter and is busy revamping its designs and adding technology in its cars to give them more cache.Переслать - Ford shows its new 3-cylinder EcoBoost engine for small cars
Ford showed its 1.0-liter, three-cylinder, direct-injection turbocharged EcoBoost engine today at the Frankfurt auto show. The engine goes into production in April for sale in Europe.Переслать - Saab gets $96 million lifeline in China deal as it renews bid for court protection
Saab Automobile said today it has arranged 70 million euros ($95.6 million) in bridge financing with the help of a Chinese guarantee, buying some time while it renewed legal efforts to seek court protection from creditors.Переслать - Chrysler minivans under U.S. probe for headlight defect
Chrysler is facing an investigation by U.S. safety regulators after 1,541 complaints about minivan headlights that go out while driving.Переслать - Former auto exec Press joins McLarty dealer group
Former Toyota and Chrysler executive Jim Press has joined U.S. dealer group McLarty Automotive Partners as president of the firm's international operations.Переслать - Dealers 'work through' heat, fires
The summer in Bastrop, Texas, had been bad enough for dealer Rox Covert. The unrelenting heat wilted activity on the area's farms and ranches, putting a crimp in pickup truck sales. Then the wildfires started on Sunday, Sept. 4.Переслать - The Lehman time bomb
When Lehman Brothers collapsed three years ago this week, new-car sales did, too.Переслать
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