Short News

- Nissan recalls 46.000 units over serious Fuel System problems

- Chrysler / Dodge recalls 40,000 models over ignition problem

- 2011 BMW X3, 2010 5-Series Touring, 2011 X5 debut in Leipzig

- DR. RALF SPETH NEW CEO OF JAGUAR LAND ROVER

- Tata Motors appoints former GM Europe head Forster as group CEO

- Wolfgang Bernhard to take key post at Mercedes

- Spyker and GM reach deal on Saab

- Jaguar Land Rover CEO replaced by TATA manager

- Opel plant in Antwerp will be closed down

- Qatar to get seat on Porsche board

- Ford and Geely agree to terms on Volvo sale - plans to get deal done in early 2010

- GM will close down SAAB after talks failure with Spyker

- Renault discusses partnership with Daimler

- Fritz Henderson, CEO of General Motors, resigns.

- Volkswagen to invest 2.3 billion Euro in Brasil

- Qatar getting prepared to host F1 on Losail Racing Circuit

- Chrysler, Dodge cars will be sold as Fiats and Lancias

- Sebastian Loeb not to drive F1 car at Abu Dhabi F1 GP

- Jenson Button crowned 2009 F1 World Champion after Brazil race

- Jenson Button & Brawn GP Team win Formula 1 Championship 2009

- Alonso to join Ferrari F1 team in 2010

- TATA shuts down Jaguar or Land Rover factory

- تعليق مشاركة "رينو" بسباقات فورمولا 1 لعامين

- بيع حصة الأغلبية في "أوبل" لتحالف روسي كندي

- Qatar now a shareholder in Porsche

- Qatar acquires 10 percent of Porsche´s common stock

- Michael Schumacher cancels F1-Comeback

- F1 legend Michael Schumacher returns to Formula One

- Porsche CEO Wiedeking quits paving way for Volkswagen deal

- Magna takes lead in race for Opel

- Fiat makes offer for Bertone

- Beijing Auto would build Opel in China and close Belgian factory

- General Motors and Koenigsegg Reach Tentative Agreement on Saab

- Marchionne names Jim Press deputy CEO of new Chrysler

- Chrysler sale to Fiat delayed

- Historic day: General Motors files for bankruptcy

- U.S. automaker General Motors reaches agreement with some major creditors.

- International bidders make final push for Opel

- BorgWarner reports $7 million loss in Q1

- General Motors closes Pontiac next week

- Mercedes-Benz plant to shut down temporarily

- Qatar eyes German auto industry

- Obama and GM: Opel and Saab face 2 more tense months

- Brilliance receives zero points in EuroNCAP crash-test

- German government to consider stake in OPEL

- EU Commissioner Verheugen: Not all European carmakers may survive

- Ssangyong files for bankruptcy protection

- Chrysler shuts down all its North American factories for a month due to ongoing credit crisis and pl

- Subaru to withdraw from the 2009 World Rally Championship

- Toyota halts Prius project due to global profits collapse

- US Senate rejects emergency bill to rescue General Motors and Chrysler

- BMW Board member Dr. Michael Ganal dies after severe illness

- Nissan & Infiniti pull out of Chicago and Detroit motor-shows

- SolarWorld CEO Frank Asbeck: Opel must be freed from GM and I am serious about my offer to buy Opel

GM will delay dealer incentive payments


General Motors will delay incentive payments to dealers next week in an effort to save cash. The payments for dealer cash, customer cash and other incentives will be delayed from Nov. 28 until Dec. 11. On average, GM spends about $3,600 per unit in incentives. Based on GM's U.S. October sales, the company sold about 84,000 vehicles in two weeks. That amounts to total incentive payments of about $302.4 million for two weeks.

- French Yvan Muller and SEAT are WTCC World-Champions 2008

- Four Glass makers hit with 1.38 Billion Euro fine

- Obama urges Bush to offer immediate aid to ailing Detroit automakers

- Wagoner: GM needs federal help before Obama takes office

- Hyundai interested in buying Chrysler as GM pulls out

- Turkish automotive industry shrinks 20 percent

- Dacia will stop production for two weeks

- GM reports $2.5 billion loss and warns it is running out of money

- Massa wins dramatic F1 race - Hamilton wins F1 World Championship

- Negative impact of GM-Chryseler merger

- Skoda, Seat and Bentley hit by the market downturn

- Latest merger and job-cutting news

- Chrysler & General Motors seek 10 Billion US $ Federal Aid for planned merger

- A new motor-sport era starts in the Middle East with the Abu Dhabi F1 GP and Yas Marina Circuit

- Lewis Hamilton wins chinese GP. World championship still open

- Fernando Alonso wins Japanese Formula 1 Grand Prix

- Andrea Pininfarina dies in car crash

- Super Aguri withdraw from 2008 Formula 1 championship

- Etihad Airways sponsors Scuderia Ferrari F1 Team

- Lexus LX 570 debuts in UAE

- Aston Martin Racing Completes Pre-Season Test

- Porsche Group still going strong

Al Stig - Behind the Scene

Is Egyptian car market corrupt or collapsing?
Is the Egyptian car market collapsing or is it just a corrupt and unprofessional car market? This is surely one of the most asked questions these days. Everybody is asking ...
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Nissan recalls 46.000 units over serious Fuel System problems

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