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FT.com - Automobiles
Avis raises stakes in bid for Dollar Thrifty
Avis Budget has raised the cash portion of its hostile bid for Dollar Thrifty, intensifying its onslaught against an agreed offer by Hertz for the Oklahoma-based car-rental operator
Flaming Ferraris force recall of 458 Italia
A division of Italy's Fiat group is recalling all 1,248 cars of the 458 Italia model after reports that five of the supercars caught fire because of glue in the wheel-arch leaking on to the exhaust
Schaeffler reveals improving finances
German group that hit financial woes after a move for rival car-parts supplier Continental sheds light on its business in a step that shows willingness to court investors
GM sales dip casts shadow over IPO
General Motors' sales in its core US market sagged in August, potentially complicating its bid to drum up investor support for its forthcoming public share issue
Domestic sales rise for Asian carmakers
Asian carmakers enjoy sharp increases in domestic sales in August, although a slowing global economic recovery and the end of government incentives in Japan cloud the outlook for the coming months
Detroit downshifts
US car sales may be stuck in a lower gear for the foreseeable future
Tomkins wins shareholder backing for takeover
A proposed £2.9bn takeover offer for Tomkins, the London-listed automotive and industrial parts maker, has won the support of over 90% of shareholders
Korean auto industry escapes strike action
South Korea's auto industry has escaped strike action for the first year after decades of militant union activity, with Kia Motors the latest of the country's five carmakers to make a wage agreement with workers
Last chance for opponents of Tomkins offer
Opponents of a proposed £2.9bn bid for Tomkins, the automotive and industrial parts marker, have their last formal opportunity to speak against the 325p-a-share offer
Spyker fails to dispel Saab doubts
Dutch boutique sportscar group lost €139m after tax in the first half in its first set of results since acquiring the Swedish car brand from GM
China flies Red Flag of high-end nostalgia
In an effort to exploit the country's communist and colonialist past, two Chinese state companies revive old brands to challenge foreign dominance of luxury markets
Toyota recalls 1.1m cars in US and Canada
Toyota has recalled another 1.1m vehicles in the US and Canada, bringing the total to about 11m worldwide over the past year
China's SAIC shows interest in GM float
The notion that the 'new GM' might attract prominent foreign shareholders such as SAIC should come as no surprise for a company that sold 72 per cent of its vehicles outside the US last year
Ford targets India for assembly growth
Ford Motor plans to use expanded capacity in India to launch eight new models over the next five years and export its locally assembled small Figo car to about 50 countries
Toyota to make the Prius noisier
The Japanese carmaker is set to sell a device that can be installed in the Prius to simulate the sound of a motor and warn pedestrians that the ultra-quiet car is approaching
PR Newswire: Automotive
Press Releases from PR Newswire about Automotive
Class-Exclusive Technologies Help Keep 2011 Ford Edge a Safety and Security Leader
DEARBORN, Mich., Sept. 3 /PRNewswire/ --
2011 Ford Edge has class-exclusive AdvanceTrac® with RSC® (Roll Stability Control™) standard, one of several technologies further enhancing the safety capability of the popular midsize crossover Traction control, Tire Pressure Monitoring Syst
2011 Ford F-150 SVT Raptor Adds SuperCrew Option, More Technology, Towing, Standard 6.2-Liter Engine
DEARBORN, Mich., Sept. 3 /PRNewswire/ --
Ford F-150 SVT Raptor again is raising the bar for high-speed off-road performance trucks by adding a SuperCrew option and more standard power and towing capability for 2011 The previously optional 6.2-liter V8 engine, which produces 411 horsepower and 434 l
Merchants Leasing Acquires ALD Automotive USA
Lombard Sells Stake in Auto Parts Business Realizing 3x Gain
SAN FRANCISCO, Sept. 2 /PRNewswire/ -- Lombard Investments announced today that it has sold a major portion of its stake in Somboon Advance Technology Pcl, one of Thailand's leading first-tier Original Equipment Manufacturing ("OEM") suppliers of auto parts. Lombard invested in Somboon through
EV-Focused Business of Plugging In Conference Returns to Detroit, Announces Key Speakers
ANN ARBOR, Mich., Sept. 2 /PRNewswire-USNewswire/ -- This October, The Business of Plugging In(SM) conference returns to Detroit hosting a diverse lineup of leaders from a number of different industries. Representing sectors key to the success of wide-scale plug-in electric vehicle (PEV) deployment,
2011 Infiniti M Among the First to be Offered With all Three Crash Avoidance Technologies Recommended by the National Highway Safety Administration
TrueCar.com Introduces 'Best Local Price'
New CFA Report: 60 mpg or More Standard is Economically Achievable and Truly Responsive to Consumer Needs
WASHINGTON, Sept. 2 /PRNewswire/ -- A new economic analysis from the Consumer Federation of America (CFA) identifies a fleet-wide car and light truck fuel economy standard of 60 miles per gallon (mpg) by 2025 as critical and necessary for consumer pocketbook protection. The Obama Administratio
Honeywell and SAE International Launch Third Annual Student Automotive Design Challenge
Program to Promote Early-Stage Math and Science Education Expands to Nine Countries WARRENDALE, Pa., Sept. 2 /PRNewswire-USNewswire/ -- Honeywell and SAE International announced today the launch of the third Honeywell/SAE Student Automotive Design Challenge. This program is designed to engage studen
OnStar Encourages Hands-Free Calling Choices
DETROIT, Sept. 2 /PRNewswire/ -- OnStar is launching a Bluetooth/Hands-Free Calling awareness campaign to help simplify the process of pairing cell phones to the hands-free technology. An analysis of random, anonymous data collected from thousands of vehicles indicates only 45 percent of Chevrolet,
UPS and Electric Vehicles International Begin Demonstration of Fully Electric Walk-In Van
Ford China and India August Sales Increase 37 Percent on Strong Demand for New Products
SHANGHAI and NEW DELHI, Sept. 2 /PRNewswire-FirstCall/ -- In China and India, Ford sold 51,972 vehicles in August, a 37 percent increase from August 2009 Ford year-to-date sales for China and India were 422,779, up 52 percent from the year-ago periodThe Asia Pacific and Africa region will account f
Sheetz Convenience Stores Makes It Two with another Opening in Rocky Mount, North Carolina
CODA Automotive to Launch the All-Electric CODA Sedan in Hawai'i in 2011
Minneapolis Ranks 56 on 2010 'Allstate America's Best Drivers Report™'
MINNEAPOLIS, Sept. 2 /PRNewswire/ -- The Allstate Insurance Company (NYSE: ALL) today released its sixth annual "Allstate America's Best Drivers Report™." The report ranks America's 200 largest cities in terms of car collision frequency to identify which cities have the safest drivers accordin
Chicago Ranks 167 on 2010 'Allstate America's Best Drivers Report™'
CHICAGO, Sept. 2 /PRNewswire/ -- The Allstate Insurance Company (NYSE: ALL) today released its sixth annual "Allstate America's Best Drivers Report™." The report ranks America's 200 largest cities in terms of car collision frequency to identify which cities have the safest drivers according to
Milwaukee Ranks 42 on 2010 'Allstate America's Best Drivers Report™'
MILWAUKEE, Sept. 2 /PRNewswire/ -- The Allstate Insurance Company (NYSE: ALL) today released its sixth annual "Allstate America's Best Drivers Report™." The report ranks America's 200 largest cities in terms of car collision frequency to identify which cities have the safest drivers according
Palisades Launches New iPhone App
BERKELEY HEIGHTS, N.J., Sept. 2 /PRNewswire/ -- Palisades, the nice New Jersey car insurance company, announced today the launch of a new iPhone application available to all Palisades customers and New Jersey residents. The free, easy-to-use app is available to download on iTunes and Palisades.com f
The Dodge Brand Races to the Dodge Rock 'n' Roll Virginia Beach Half Marathon, Reveals the All-new 2011 Dodge Durango
AUBURN HILLS, Mich., Sept. 2 /PRNewswire/ -- All-new 2011 Dodge Durango to pace the race at the "Dodge Rock 'n' Roll Virginia Beach Half Marathon presented by SunTrust" Dedicated Dodge running team, including Ralph Gilles, Dodge Brand President and CEO, to compete in the half marathon Dodge running
Rio Grande Valley Drivers Ranked Safest in Texas in 2010 'Allstate America's Best Drivers Report'
BROWNSVILLE, Texas, Sept. 2 /PRNewswire/ -- Drivers in the Rio Grande Valley are the safest in Texas, according to the 2010 Allstate America's Best Drivers Report. For the fourth year in a row, Brownsville took the top spot in Texas for having the safest drivers. McAllen came in second, for the seco