Audi Tradition is taking receipt of a fully restored Audi 18/70 hp Type M, dating from 1925, from the vehicle restoration specialists at Fahrzeugrestaurierung Rosenow, based in Glienick near Berlin – in the form of a cutaway model.

General Motors Latin America, Africa & Middle East (GM LAAM) region set an all-time quarterly sales record in Q3 2007, selling over 329,000 vehicles, up 59,000 units over the same period last year. In addition, GM’s quarterly market share in the region increased to 17.5 percent, representing the best Q3 share since 1997.

India sees the decline of car sales. The rise in prises accounts 13 percent in the April-September period, compared with 23 percent growth in the same period last year.

A Czech unit of Volkswagen AG, Skoda Auto AS, announced Thursday its plans to launch production of its new small-sized sport utility vehicle Yeti in two years.

Asia could be a new market for DaimlerChrysler’s Smart fortwo, a two-seat city car that is a common sight in Europe and is headed to the United States next year.

Ford Motor Co. announced Tuesday the company got $931 million (EUR 675 million) in cash and preferred stock for its sale of a controlling stake in Aston Martin, a famous sports car brand appeared so many times in James Bond films.

With deliveries of 103,700 passenger vehicles in July, the Mercedes Car Group has slightly increased its sales result compared to the same month last year (102,300 units). Since the beginning of the year, 721,400 units of the Mercedes-Benz, Maybach, and smart brands have been sold all over the world (January-July 2006: 729,600 units).

Russia was the largest importer of Chinese cars in the first half of 2007, accounting for 16% of the country's total automobile exports, according to official Chinese data.

Renault SA of France offers Indian automaker Bajaj Auto Ltd. to produce ultra-cheap cars that could sell for US$3,000 or less, both companies said.

The newest car, the i30 hatchback, aimed primarily at European markets, was launched Thursday by South Korea's biggest automaker Hyundai Motor Co.

U.S. automaker Chrysler and Chinese car company Chery have signed a deal to launch a low-cost production facility in China that would export cars to the United States and other global markets.

Vehicle makers DaimlerChrysler AG and Fiat SpA said Tuesday they signed an agreement calling for strategic cooperation to provide the German-American automaker's truck group with engine and powertrain technology from Italy.