Shanghai. January 8 (Gasgoo.com) - Chery Automobile has developed a new 0.8 litre turbocharged engine, which makes Chery the first Chinese automaker to develop a low emission engine with turbo-charging technology, Chinese media reported today.

December 2007…Bentley Motors has won a 2007 National Training Award for its creation of a new generation of managers at the company based in Crewe, Cheshire.

General Motors Corp. opened its first design studio in India on Thursday in an attempt to extend its presence in the country.

Worldwide Volvo Dealerships to Offer Customized nüvi 760

Due to automakers’ efforts to make safety equipment more widely available, the number of the cars considered the safest by U.S. insurance industry grew rapidly in the past year.

South Korean auto giant Hyundai could select a site by the end of the year to build a $400 mln car plant in northwest Russia, authorities in the Leningrad Region said on Thursday.

Antitrust regulator ordered Kia Motors Corp. to pay subcontractors and fined Hyundai Motor Co. for fair trade violations.

Porsche AG's CEO said Wednesday in an open letter that his business was no hedge-fund "locust" in an attempt to allay fears about what his company's likely takeover of fellow German automaker Volkswagen would mean.

Porsche AG's net profit for fiscal 2007 more than tripled with help from a revaluation of its 22 percent stake in Volkswagen AG and strong results from its core business.

BMW AG saw its sales up 13.2 percent compared with last year, the company said Thursday. The Munich-based company, whose brands include BMW, Mini and Rolls-Royce, sold 123,304 cars, compared with 108,897 in October 2006.

Volkswagen AG’s luxury arm Audi AG said Thursday that its global sales worldwide increased 5.3 percent in October compared with last year.

A new compact car was introduced by Hyundai Motor Co. in India to boost sales in one of the fastest growing automobile markets.