New car prices in the UK are now level-pegging with those in Europe, according to the latest figures released by europrice.com.
A small but significant diesel passenger car market is starting to emerge in North America, according to the latest Ricardo diesel market report.
The sale of insurer Groupama UK has been stopped by its French parent company after the company's French owners gave a five-year guarantee of backing.
Security guards had to smash their way into an official limousine with sledgehammers to rescue Thailand's finance minister after his car's computer failed.
BMW is to start building a convertible version of the Mini – hitting the market by mid 2004.
After a substantial downturn in market growth between 2000 and 2002 and the current stagnation, the European used car market is set to grow – reaching more than 30m by 2007, says Datamonitor.
Ford is to launch a modernised blue oval logo The redesign will coincide with the marque's centenary year. The new logo will replaces the italicised Ford Motor Company logo introduced in 2000.
Struggling carmaker Fiat is looking to the Asian market for salvation with news this morning that it plans to ratchet up production in China to 150,000 -200,000 vehicles by 2006, and launch at least one new model annually.
BMW chief executive Helmut Panke says the prestige carmaker will match its 2002 financial performance in 2003 – in spite of the company's extraordinary expenditure made upfront on its product and market offensive.
Britain's used vehicle market was up 13.9 per cent to 2,283,426 units in the first three months of this year, according to figures released by the SMMT.
Motability has brought the two-seater smart city-coupe and cabrio vehicles into the scheme.
GM in the United States has responded to the safety concerns linked to rollover accidents in vans. The carmaker says it will stability enhancement systems standard features in its 15 passenger vans.
In spite of lower unit sales, Audi revenues rose in the first quarter by 2.4 per cent to 5.658bn euros.Unit sales slipped by 0.5 per cent to 181,825 vehicles.
Fiat Group has reported a increased net loss for Q1 - 699 million euros ($808 million), compared to 663 million euros in the same period last year.
Former Kwik-Fit chief Sir Tom Farmer is set to re-enter the motor business after taking over the tenancy of several prime sites used by his former fast fit company.
US car sales for April were 9 per cent down at 670,637 from 737,334. That means a year-to-date drop of 5.4 per cent to 2,539,393 - from 2,683,405.
Kia Motors Corporation's first quarter net profit surged 43.2 per cent to 141.6 billion won.
Hyundai Motor Company's first quarter net profits rose 28.8 per cent to $348.8m -despite a setback in domestic sales.
A new MG Rover alliance in China may be emerging from the ashes of the failed China Brilliance deal. MG Rover is in talks with with Geely, according to Chinese media reports.
General Motors has announced it is to invest £80m in its Ellesmere Port plant to build the new Astra - despite the uncertainty over entry to the euro.
The RMI's independent garage and bodyshop director Bob Hood has resigned with immediate effect.
Talks on preferential access to the EU car market for South African carmakers are 'advanced'.
Management and unions at Seat have concluded an agreement to make working practices more flexible in order to stave off a redundancy plan.
Hyundai is set to report a 39 per cent drop in Q1profits – a result of lower domestic sales and higher marketing costs.
Fiat has been forced to halt production at Turin after running out of space to store new vehicles as a result of a dispute with the logistics company that moves them to dealerships.
Ford will be the focus of environmentalist wrath in the on-going anti-SUVs in the United States next month. The Rainforest Action Network and Global Exchange will sponsor protests at Ford throughout the country on June 7 throughout because the company broke its alleged promise to increase SUV fuel efficiency.
Citroen has advanced plans for a new small three-door saloon, the C2, in the final quarter of this year. The group aims to produce 190,000 units from 2004 at its factory at Aulnay in Seine Saint-Denis.
MG Rover may be looking for an investor to help the carmaker boost production of existing Rover and MG models at Longbridge as well as drive development of the new mid-range car next year.
More than 100 independent garages have contacted the Authorised and Independent Repairers' Organisation (AIRO) – the new body targeted at helping independent garages achieve 'approved repairer' status.
Abbey National is to wind up its First National Motor Finance business. The £2.9bn motor finance house currently has a book of more than 400,000 loans.
