Automotive Industry News:

1. Car Insurance $11.32 /Mon - Sponsored Link
Ad - Rates Reach Shocking Lows. Check Zip Code To See The Lowest Rates Now. Read More::

2. Car dealers call for Ikea approach to sales
The Netherlands needs a new system for selling cars with a much smaller network of centralised dealerships, according to a new report for the Dutch garage owners association Bovag. Read More::

3. China's Geely secures cash to buy Volvo, report says
Extract not available. Read More::

4. Car sales in Russia drop 32 percent in Feb
Extract not available. Read More::

5. San Diego driver reports frightening Toyota ride
A reported runaway Toyota Prius in California has had US safety investigators involved in determining the cause of a terrifying ride. The current high-profile case involves a San Diego driver, James Sikes, 61, who has claimed he was driving his 2008 Read More::

6. Volvo Ocean Race set for Galway finish
Galway city is set for a major tourism boost later today when it will be officially confirmed as the venue for the finish of the next Volvo Round the World Ocean Race in 2012. The announcement will be made jointly by the Taoiseach, Brian Cowan, and the Read More::

7. Volvo Ocean Race set for Galway finish
Galway city is set for a major tourism boost later today when it will be officially confirmed as the venue for the finish of the next Volvo Round the World Ocean Race in 2012. The announcement will be made jointly by the Taoiseach, Brian Cowan, and the Read More::

8. Chinese car company to have plant in US
The Los Angeles Business Journal has reported that Chinese car maker BYD may build an assembly plant in Los Angeles County. It is believed the headquarters of BYD in the US will be situated at the plant, which is likely to fill one million square feet of Read More::

9. GE Capital and Navistar form a US Financing Alliance
Diversified technology, media and financial services company General Electric Company (GE) (NYSE: GE ), Navistar International Corporation (NYSE: NAV), a manufacturer of trucks, buses and diesel engines, and Navistar Financial Corporation (NFC), a wholly Read More::

10. Ford shares: Buy or sell?
Analysts Chris Ceraso (left) and Michael Ward face off over the continuing momentum of Ford's stock performance. By Scott Cendrowski, reporter March 10, 2010: 4:15 AM ET NEW YORK (Fortune) -- Ford is back. The automaker recently reported its first annual Read More::

11. Toyota Driver Spins Out Of Control At 94mph
Toyota's safety record has taken another hammering after police were involved a dramatic high-speed pursuit of a driver whose car accelerator got stuck at 94mph. James Sikes, 61, was overtaking another vehicle when he discovered he could not slow down Read More::

12. UPDATE 1-Tanfield gets 37 mln stg bid for electric vehicle unit
* Says offer equivalent to 50p per Tanfield share in issue * Shares rise as much as 44 pct (Adds details) March 10 (Reuters) - Britain's Tanfield Group ... Read More::

13. Toyota sticks it to users
Toyota is gearing up to recall more than 745,000 Priuses to prevent stuck accelerator pedals -- but the embattled automaker's engineers first need to design a solution, experts say. The Prius is just one of eight Toyota models, encompassing 3.8 million Read More::

14. Get Some Serious Track Time at the Inaugural Honda Grand Prix of St. Petersburg 5K
The Sam Schmidt Paralysis Foundation teams up with The Challenged Athletes Foundation of Florida and the Shoot For A Cure campaign in a race for recovery at the inaugural Honda Grand Prix of St. Petersburg 5K Walk, Run N Wheel-a-thon on Friday, March 26, Read More::

15. Ford shares: Buy or sell?
NEW YORK (Fortune) -- Ford is back. The automaker recently reported its first annual profit in four years; sales are improving; and investors have pushed up its stock 550% in the past year. Just recently Ford passed GM in monthly car sales for the first Read More::

16. Toyota U.S. Sales Up 50% So Far in March
ERLANGER, Ky. (TheStreet) -- Toyota(TM), the automaker reeling from a series of safety recalls, said North American sales rose about 50% since the beginning of March on the back of incentives. Don Esmond, senior vice president of automotive operations Read More::

17. UPDATE 1-Tanfield gets 37 mln stg bid for electric vehicle unit
* Says offer equivalent to 50p per Tanfield share in issue * Shares rise as much as 44 pct (Adds details) March 10 (Reuters) - Britain's Tanfield Group Plc TAN.L said Smith Electric Vehicles US offered to buy the assets of its electric vehicle division Read More::

18. GE Capital and Navistar form a US Financing Alliance
Under the financial alliance announced on Tuesday, GE Capital, a provider of financial products and services, will become Navistar's preferred provider of retail financing solutions to support sales of Navistar trucks and school buses in the US. The Read More::

19. NHTSA, Toyota probe out-of-control Prius
A Toyota Prius that sped out of control on a California freeway was towed to a dealership Tuesday while federal and company inspectors converged on the car to determine whether a stuck gas pedal was to blame. The National Highway Traffic Safety... Read More::

20. Hero Honda better bet than Tata Motors: Fortress Financial
ET Now talks to Upendra Kulkarni, Executive Director, Fortress Financial Services on auto stocks. Tata Motors as well as Hero Honda are seeing a pretty significant run up, so in that light, how are you viewing Tata Motors? As far as Tata Motors is Read More::

21. Video: BMW S1000RR is king
MCN took part in the annual Masterbike test at the new Motorland circuit near Valencia, Spain, where all nine 1000cc inline-fours and 1200 V-twin sportsbikes competed head-to-head.         Check out the track - onboard an RSV4 at Motorland Watch Read More::

22. China's Geely secures financing to buy Volvo: report
STOCKHOLM (Reuters) - The parent of China's Geely Automobile <0175. HK> has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday. Dagens Industri, citing Read More::

23. Toyota Driver Spins Out Of Control At 94mph
Alison Chung, Sky News Online Toyota's safety record has taken another hammering after police were involved a dramatic high-speed pursuit of a driver whose car accelerator got stuck at 94mph. Eight million Toyota vehicles have been recalled because of Read More::

24. Toyota: Still no timetable for Blue Springs
Eventually, one of the reports about Toyota opening its idled Blue Springs plant may be confirmed. But for now, Toyota officials are downplaying another Japanese newspaper's report that the automaker will begin production at the plant next year. On Read More::

25. Private new-energy vehicle buyers to enjoy subsidies
Private new-energy vehicle buyers will be entitled to subsidies, said both the Ministry of Finance (MOF) and the Ministry of Industry and Information Technology (MIIT) March 8 during the "2 Sessions."Zhang Shaochun, vice minister of the MOF, said that Read More::

26. Toyota's Tundra pickup weakened quality image
The 2007 Toyota Tundra was among the most eagerly awaited new vehicles of the past decade: a rising automaker's ultimate challenge to established competitors. The Tundra struck at U.S. automakers' last stronghold: full-size pickups. It was widely Read More::

27. California Prius incident probed; GM offers criticized
WASHINGTON -- As Toyota sought to contain the fallout from a California sudden-acceleration case caught on camera, its dealers accused General Motors of offering predatory incentives using federal money. The Japanese automaker and the National Highway Read More::

28. Porsche 911 GT3 RS review
To the casual observer the latest RS version of Porsches Carrera GT3 is the perfect excuse for cynicism, especially when anyone tries to attach value to the numbers. The team that developed the car is the same one that created the last three, and such Read More::

29. Toyota to expand recall of Tundra pickups for rust
Toyota said on Tuesday it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust and lead to spare tires falling from the vehicle.Toyota spokesman Brian Lyons said the recall will cover Tundra pickups from the Read More::

30. China's Geely secures financing to buy Volvo: report
Extract not available. Read More::

31. Toyota May Expand Tundra Frame Recall
Toyota has alerted dealers in 30 additional states that it is conducting a “Special Service Campaign” over the same 2000-2003 Tundra rust issue that caused the automaker and National Highway Traffic Safety Administration to issue a recall in November Read More::