Autoliv CEO says demand still firm, repeats outlook

Autoliv, the world's biggest maker of airbags and seat belts, has seen no decline in demand despite slower car production in the second half of the year, its top executive said on Friday. The Swedish company also repeated its outlook for sales and operating margin for the third quarter as well as the full year, CEO Jan Carlson said in an interview.... Read More »

VW plans new assembly line at Russia's GAZ

VW is planning a new assembly line at Russia's GAZ to boost production in the booming market, VW CEO Martin Winterkorn said. GAZ was supposed to enter an alliance with GM's Opel unit following a joint bid for Opel by Russia's Sberbank and Canada's Magna International Inc.... Read More »

Chevy unveils Cruze hatchback for Europe

Chevrolet aims to boost sales in Europe's key compact segment by launching a hatchback version of its Cruze sedan. Chevrolet Europe head Wayne Brannon said hatchbacks account for 65 percent of compact sales in Europe and the Cruze hatchback will help the brand be "taken seriously" as a mainstream player in the region.... Read More »

China set to become Audi's largest car market

China remains on track to eclipse Germany as Audi's largest market following another set of monthly sales figures that displayed booming growth for luxury cars in the world's most populous nation.... Read More »

U.S. Treasury mulls over foreign investors in GM, report says

The U.S. Treasury is concerned about how many foreign investors it should allow to buy big stakes in General Motors Co.'s proposed initial public offering, the Wall Street Journal said. The Treasury is cautious because it is looking to minimize any political fallout from the IPO.... Read More »

Jaguar concept to reveal future sports-car styling

Jaguar will preview a new styling direction at the Paris auto show later this month with a sports-car concept that also celebrates the company's 75th anniversary.... Read More »

Hyundai to debut minivan at Paris show Hyundai will debut a small minivan called the ix20 at this year's Paris auto show. Sept. 2 15:15 CET

BMW sales in U.S. top Toyota's Lexus for third straight month BMW AG's namesake brand increased U.S. sales 1.6 percent in August and beat Toyota Motor Corp.' Sept. 2 10:55 CET | UPDATED: Sept. 2 17:40 CET

Preh to establish JV with private Chinese supplier German automotive parts supplier Preh GmbH plans to set up a manufacturing joint venture in the... Sept. 2 12:02 CET

Opel to begin car sales in Israel Opel will begin selling cars in Israel next year as part of GM's strategy to expand the... Sept. 2 11:27 CET

South Africa's car up on car emissions tax South Africa's new vehicle sales jumped by 36. Sept. 2 12:46 CET

Lotus prepares for product blitz Lotus is preparing a high-risk concept-car blitz that will redefine its identity at this year's... Sept. 2 11:43 CET

China's Chery, Mitsubishi mull plants in Spain | Sep 2

Honda shares pass Toyota's on emerging market hope | Sep 2

German car market shrinks on boom's anniversary | Sep 2

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