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General Motors Co. has decided to keep Opel, undoing months of painstaking negotiations to sell the European unit to a Russian-backed group led by Magna International Inc. of Canada. GM, which on Tuesday posted its first U.S. Nov. 3 23:08 CET | UPDATED: 11/4/09 1:58 CET
   • Obama administration not involved in Opel decision, U.S. Treasury says

Fisker Automotive Inc., the builder of luxury plug-in hybrids, has picked a large distributor to sell its vehicles in Europe and is looking to sign a similar deal in China, its CEO told Reuters today. Nov. 3 19:46 CET

BMW AG gave a tepid outlook for the markets and predicted the euro would stay strong after third-quarter earnings before interest and tax (EBIT) shrank 86 percent to 55 million euros (about $80.5 million) amid a global economic slump. Nov. 3 08:46 CET | UPDATED: Nov. 3 11:55 CET  

Germany's new-car market grew by 24 percent year-on-year in October even after a car scrapping scheme for old autos ran out of money in September, the VDIK foreign carmak ...
   • October car sales rise in Spain, France and Italy

Fiat S.p.A.'s Ferrari supercar unit said on Tuesday that it expects China to become one of its top five global markets in five years. ...

Faurecia CEO Yann Delabriere did not rule out PSA/Peugeot-Citroen lowering its stake in the partsmaker below 50 percent. ...

Renault SA and its partner Nissan Motor Co. ...

Ford increased its Q3 pre-tax operating profit in Europe while Volvo narrowed its loss for the quarter. Ford said Q3 pre-tax operating profit in Europe was $193 million, ...
   • Ford posts $997 million Q3 net profit, boosts cash

Ford could export Fiesta and Kuga cars from North America to Europe as a way to exploit its manufacturing flexibility, global vehicle platforms and the weak dollar. Ford ...

French carmakers expect strong sales in the final months of 2009 as drivers flock to take advantage of government scrapping schemes before year-end. ...

Renault Chief Operating Officer Patrick Pelata said the company was backing near-bankrupt Russian carmaker AvtoVAZ with financial support for a shake-up, but had refused ...

Suzuki CEO Osamu Suzuki said there was no truth to reports it was in talks to tie up with Volkswagen. "There's a saying that there's no smoke where there's no fire, but y ...

French car parts supplier Faurecia SA has signed a deal to buy EMCON Technologies, a U.S. company with 2008 sales of 2.4 billion euros ($3.6 billion) and a key presence i ...

Tata Motors Ltd., India's largest vehicles maker, may allow local car assemblers to put together its Nano and sell it under their own brand, the Business Standard ...

Peugeot sees a strong end to 2009 as drivers flock to take advantage of scrapping schemes while they still can, deputy managing director Nicolas Wertans said. He expects ...

Sanyo Electric said it would supply nickel-metal hydride batteries to PSA/Peugeot-Citroen's hybrid cars, broadening the pool of customers for its green car batteries. ...

Volkswagen AG said it will build a new pickup truck in Argentina before the end of the year that it will aim at export markets starting in the first quarter of 2010. ...

Russian tycoon and GAZ owner Oleg Deripaska visited the U.S. twice this year, his spokesman said. During one of those visits he met with GM CEO Fritz Henderson and Magna ...

The auto industry could be forced to improve the fuel efficiency of vans sold in the European Union by more than 10 percent by 2016 in the fight against climate change. ...