The consolidation and unification of the motor world continues. Daimler and Renault have confirmed they will co-operate on platform and drivetrain sharing. The deal will see the two auto majors collaborating on future products.
Indian auto major Tata Motors has launched its mini-truck, the Ace Super City Giant in Thailand and also disclosed plans to enter the Thai car market in the next “couple of years.”
Norton Motorcycles is back with a bang, after hiring industry veteran Dan Van Epps (ex- Ducati CEO of North America) as the newly appointed CEO for Norton’s motorcycle operations in the US. Van Epps will now pilot the British brand.
Toyota Motor Corp has announced that it has halted production at its main facility in China following a shortage of automobile parts owing to its parts supplier Toyoda Gosei being affected by labour-related issues.
Japanese car manufacturer Suzuki Motor Corp has recalled 10,000 units of the Alto car with automatic transmission in Europe, citing problems with the tail light.
After Toyota and Honda, it is now the turn of Volkswagen. The company is recalling close to 200,000 units of its Novo Gol and Novo Voyage models.
General Motors, the US based automaker, has inked a last minute deal to save its Saab brand by selling it to Dutch firm Spyker. Without disclosing the financial details of the deal, GM said in a statement that it has sold its money losing Swedish brand Saab to Spyker.
Danica Patrick, the world's most famous female auto racer, has announced that she has signed up with JR Motorsports to dirve a partial Nationwide Series schedule.
Formula One driver Timo Glock has announced that he would drive for the newcomer F1 team, Manor Grand Prix, in the 2010 Formula One season. Tim Glock was driving for Toyota in the 2009 season, and was left without a drive when Toyota decided to exit Formula One.
McLaren to get two F1 World Champions; good friends Lewis Hamilton and Jenson Button will be drivers for 2010
Woah. This is big news. The upstart Brawn GP which blew away most of the Formula One teams in the first half of the year, and went on to take both 2009 F1 driver's championship and constructors' championship has been practically taken over by one of the biggest automobile manufacturers in the world, Mercedes. Update: Michael Schumacher to race for Mercedes GP!
Olivier Francois is new CEO of Chrysler brand, Fred Diaz Jr. chief of Dodge Ram truck group and Ralph Giles takes over Dodge cars.
Daimler (DAI) has sold 40% of its stake in Tesla Motors Inc to Aabar investments, a group owned by the Abu Dhabi government.
Bernie Ecclestone Forces USF1 To Change Name USGPE
The Dutch finance services entity ING declared their cost reduction programmes and said that they will not renew their three-year contract with the Renault F1 team.
If you buy the 2009 Sports Illustrated Swimsuit Edition, you can take home a Brand Graphiti peel-and-stick poster of IndyCar Series driver Danica Patrick, wearing a teeny-weeny white bikini.
The slowdown in demand for vehicles has come as blow to auto major Chrysler, with the automaker deciding to shut four plants temporarily. The shutting down of the four facilities in the US would begin on Monday.
Australia will have to wait for more time to see the right hand drive version of Cadillac as the company has decided to put off the launch date indefinitely. The reason being said is that the Australian automotive market has been sucked int the ongoing global financial crisis.
Slowdown in sales has forced motorcycle giant Harley-Davidson to do away with as many as 1,100 jobs over two years. Troubled times have made the company even to close down some of its facilities while consolidating the remaining ones.