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Italdesign Giugiaro IDG: Volkswagen takes majority stake in Italdesign Giugiaro
(02/06/2010)

The Volkswagen Group has announced it will take a 90.1 percent stake in Italdesign Giugiaro S.p.A. (IDG), Turin, including the brand name rights and patents. The shares are being acquired by AUDI's Italian subsidiary Lamborghini Holding S.p.A. The remaining shares will stay in the possession of the present owner family Giugiaro. "With this shareholding in Italdesign, we are participating in one of the most renowned design and development companies with one of the richest traditions in the aut... [more]

Infiniti: Infiniti introduces FX Limited Edition
(01/03/2010)

Infiniti has introduced a special, limited production versions of the FX37S and FX50S to be called, simply, the FX Limited Edition. Availability has been strictly limited to just 100 units across Western Europe, of which only 18 will be coming to the UK. All will be individually numbered. Based on the FX37S and FX50S, the FX Limited Edition features striking Black Obsidian ‘Scratch Guard’ paintwork as standard, with equally distinctive Moonlight White pearl metallic available as an option.... [more]

IM Group: I.M. Group to import vehicles from Great Wall Motor Company into Europe
(19/02/2010)

I.M. Group, the UK-based automotive importer and distributor for Subaru, Isuzu and Daihatsu, has announced the signing of an agreement that will see it import vehicles from Chinese auto maker, Great Wall Motor Company Limited, into Europe this year. Initially, the Baltic states of Estonia, Latvia and Lithuania will be targeted. Then, from 2011, launches in Scandinavia, the UK and Ireland are planned. The Great Wall Motor Company, one of the few privately-owned Chinese car companies, has d... [more]

Infiniti: Infiniti M Line will go on sale in European showrooms from September 2010
(09/12/2009)

The all-new Infiniti M Line had its first outing at an unveiling in California, prior to US sales commencing in the spring. An earlier debut, in August this year, was as a “virtual” car created in 3D by video mapping – presaging a trend for “firsts” that the new M Line is well placed to expand upon. Featuring advanced Safety Shield technology, Infiniti’s latest example of Inspired Performance will be the first M to be available in all of Infiniti’s 34 world markets – including Western Europe. ... [more]

Institute of Advanced Motorists IAM: Drivers follow their satnav instructions blindly
(13/11/2009)

A recent survey said that 20% of women and 30% of men have blindly followed a satnav into the middle of a field, and Network Rail has experienced damage to railway bridges and level crossing collisions as a result of drivers’ failure to use their initiative. Many people in rural areas will have seen or heard of lorry drivers getting stuck in narrow lanes after blindly following their satnav’s cheerful instructions. If the UK were to introduce ‘road trains’ (articulated 60 tonne mega-liners st... [more]

International Caravan and Motorhome: Caravan, motorhome and accessories manufacturers expect business to be stronger in 2010
(27/10/2009)

Bullish signs of confidence from caravan, motorhome and accessories manufacturers and dealers have emerged from the recent International Caravan & Motorhome 2009 show. A survey of almost 60 manufacturers and dealers due to attend the show found that seventy per cent expect business to be stronger in 2010 than 2009. Four out of ten manufacturers and dealers also said they expected to do more business at International Caravan & Motorhome this year than last and a similar number said sales overa... [more]


Other car news

Obama: Bailout saved U.S. auto industry
DETROIT — A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive the U.S. economy.

Obama: Auto bailouts saved industry, jobs
DETROIT—A year after the government’s big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration’s battle to revive a hurting U.S. economy.

Obama hails auto bailout as good news in Michigan
A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a hurting U.S. economy. But his upbeat assessment can't mask daunting challenges for U.S. automakers and painfully high unemployment.

Argentina car industry recession-proof
The car industry in Argentina has remained immune to the global economic crisis, maintaining an increase both in sales and in productions this year.

Penske: Fleet sales powering auto industry's sales increase
While auto sales have rebounded since last year's downturn, that surge is being driven by fleet sales to rental companies and other businesses, said Roger Penske, CEO of Penske Automotive Group.

Obama touts comeback of auto industry
DETROIT (AP) - A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a...

CREA cuts home sales forecast
Canadian home sales will decline 1.2% this year, not increase as previously forecast, the industry group said on Friday, but average prices should increase more than it forecast earlier

Obama says U.S. auto industry 'growing strong' after bailout
President Barack Obama, speaking at auto plants here Friday, praised the recovery of the embattled U.S. auto industry and celebrated the tough choices he says made a comeback possible.

Analysts expect rebound in July car sales
Surprisingly, consumers are heading to dealerships despite the lack of incentives from auto makers.

Weekly Address: President Obama Hails Successes of the Restructuring of the Auto Industry, Calls on GOP Leaders to ...
WASHINGTON – In this week’s address, President Obama praised the successes of the auto industry restructuring.  When his administration decided to invest in the American car companies, some said such a move was bound to fail.  But since GM and Chrysler have emerged from bankruptcy, the auto industry has added 55,000 jobs – the strongest growth in 10 years – and for the first time since 2004, all ...





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