Short News

- Volkswagen biggest car manufacturer ahead of GM and Toyota.

- BMW to invest $900 million to build new X4

- US Feds plan more tests on Chevrolet Volt batteries

- Mercedes removed manager from post over compliance issue

- General Motors to launch new mid-sized pickup Chevrolet Colorado in U.S.

- BMW picks Sao Paulo for new Brazil plant

- SEPTEMBER U.S. AUTO SALES: Chrysler, Nissan, GM lead industry's Sept. volume gains

- AUGUST U.S. SALES REPORT: Chrysler up, Honda down; Ford hikes Q4 output; Toyota pulls ahead 2012 Cam

- Honda recalls 2.5 million vehicles - software issue could damage automatic transmission

- European Union to probe German state aid for Volkswagen and BMW car plants

- Mitsubishi unveils two cheaper i-MiEV electric car versions

- Toyota: North American output will return to 100% in September

- Renault names Nissan U.S. boss Tavares as COO

- Nissan and Mitsubishi establish joint venture for Minicar Business

- Court links Renault to engineer's suicide

- FIAT 875cc TwinAir engine wins 2011 International Engine of Year Award

- JAGUAR AND WILLIAMS F1 TO BUILD C-X75 HYBRID SUPERCAR

- Toyota to recall 308,000 RAV4s, Highlanders for airbag fix

- Honda: Parts shortages from Japan to cut North America output

- General Motors names new CEO for Opel/Vauxhall

- Renault admits errors in spy claim case - exonerates 3 ousted execs

- BMW unaware of Volkswagen buying stake in partner

- Al-Attiyah/Gottschalk win Ha'il Rally in Saudi Arabia - Volkswagen triumphant

- Volkswagen triumphant, Al-Attiyah/Gottschalk win Dakar

- French minister: Renault EV spy probe is 'serious'

- Toyota pays 7 million Euro to US family after deadly Lexus crash

- GM returns to NYSE after raising $20 billion in IPO

- Sebastian Vettel: Formula1 World Champion 2010

- OPEL FIRST CAR COMPANY TO OFFER LIFETIME WARRANTY

- BMW organizes classic car auction in Dubai

- 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


The South Korean car manufacturer SSANGYONG Motor Co filed for bankruptcy protection in South Korea, ending SAIC Motor Corp's four-year management of the first overseas auto maker controlled by a Chinese company. The car manufacturer faces a "serious liquidity crisis" after the South Korean government and lenders failed to agree on a rescue plan, Pyeongtaek-based Ssangyong said in a statement yesterday. Furthermore two of its three most senior executives also left the company. Ssangyong will cut salaries by as much as 30 percent over the next two years in an effort to survive after sales of its sport-utility vehicles plunged amid a global recession. SAIC's parent paid US$500 million for 49 percent of Ssangyong back in 2004.

- 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

- 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

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How do you evaluate the official Volkswagen importer and its service center in Egypt?
  • Very bad. Volkswagen needs a new representative in Egypt, preferably Dogus Auto from Turkey which was official VW Nutzfahrzeuge dealer in Egypt once before.
  • Bad. Volkswagen needs a new representative in Egypt, preferably a new importer from the Gulf region.
  • Average. But Volkswagen still needs a new 'Egyptian' representative or importer in Egypt.
  • Good. Egyptian Automotive Company and Karim El Naggar are doing a good job. Everything should stay the same.



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