As hinted ever since July 2009, when we first reported to possible extent of Honda’s recall, the Japanese carmaker officially confirmed today it will recall an additional 378,758 Accord, Civic, Odyssey, CR-V, and selected 2002 Acura TL models in the US, to fix a faulty airbag inflator.
The addition of these vehicles comes after in late 2008 Honda decided to recall some 4,000 model year 2001 Accord and Civic vehicles to replace the driver’s airbag inflator. According to Honda, following this … (read more)
Red Bull Racing became the 10th team to unveil their 2010 challenger this year, only hours before the second test of the season kicks off in Jerez. The Milton-Keynes based team presented their car on the pit lane of the Spanish circuit, where it will debut for the first time in the hands of race driver Mark Webber.
While both Germany and the United Kingdom last week expressed their intentions to provide financial support for GM’s Opel, Nick Reilly’s yesterday statement changed plans a little bit. The same Germany and Spain said they will carefully analyze the request but Opel’s CEO emphasized that he expects European countries to contribute with the demanded amounts of money.
PSA Peugeot-Citroen is negotiating with Chang’an Motor Corp, China’s fourth-largest automaker, to create the French company’s second joint venture in China, with the contract expected to be signed shortly after the upcoming Spring Festival,as China Daily reports.
The Ford Edge midsize crossover got fully revamped for 2011, getting more power and refreshed styling features. The American carmaker today unveiled the 2011 Edge, which brings with it three new powertrains, two new transmissions, a revised exterior design and a completely new interior. 
Corvette Racing will continue its racing adventure in 2010 by competing in the GT2 class at the 24 Hours of Le Mans, in France, on June 12-13. 
Jaguar just got some good news, as the Indian owned automaker will get class leading residual values for its future XJ model. According to EurotaxGlass experts, the new XJ which will be launched in March 2010 will be more valuable than the equivalent Audi, BMW and Mercedes-Benz after both 12 months and three years of ownership.
Ford’s year-plus long attempt to sale its Swedish unit Volvo may get an extension and miss the February 14 deadline set together with Chinese projected buyer Geely, as negotiations seem to have stalled on financing and details in the signing documents, sources close to the matter told Business Week. 
FEV, a U.S. powertrain and vehicle technologies developer, announced that it has coupled one of its Auxiliary Power Units (APU) with a 3-cylinder engine for use in Hybrid Electric Vehicles.
California Governor Arnold Schwarzenegger is seeking resources to cover up the gap of $19.9 billion in the budget. He therefore thought of a solution which will likely not be received so well by local motorists. Schwarzenegger called for the deployment of a massive speed camera program to generate at least $397.5 million in net profit to state and local government.
Despite not so encouraging sales and the cannibalism menace of the soon-to-be Camry hybrid, the Australian arm of Japanese carmaker Toyota announced plans to keep producing the Aurion and even plans a new generation for 2012. 
Only two days after German carmaker BMW pulled the wraps off their reinterpretation of the X5 SUV, the first images showing the M Sport Package hit the web today. 
Clio, the small car with big car attributes, is celebrating its 20th birthday and more than 10 million units sold worldwide. And what better way to celebrate than launching an exclusive 20th limited edition versions of the three- and five- door Clio, Clio Estate and Clio Renault Sport.
BMW’s British division recently partnered with car club Streetcar to offer consumers the chance to drive away in a BMW for as little as £6.95. The deal gives club members the opportunity to experience a BMW 1 Series or 3 Series and therefore increase brand awareness and sales in the UK.
British carmaker Rolls Royce announced today it will shuffle its Asia-Pacific team, by appointing Paul Harris as the company’s new regional director for Asia Pacific and moving the man who currently holds this position, Colin Kelly, to Canada. 
Car manufacturers who operate in the UK can be nothing but pleased with the government’s decision to extend the country’s scrappage schem by adding an extra month and pushing the deadline well into March. Until now, the scheme has proved to be very lucrative, as some 330,000 new vehicles have been sold. 
A recent independent study indicates that U.S. dealerships have considerably increased their social media presence in their efforts to increase sales.
After earlier today news came that the European Commission approved the Swedish state loan guarantees for Saab, the company which bought GM’s last standing bad asset announced it has managed to secure an additional 25 million loan from an investment company owned by Heerema Holding Company.
With the release of the next generation 1 Series getting closer and closer, we are now able, thanks to 1addicts, to preview the more impressive M1. 
For the first time in its existence, the Chevrolet Camaro will see the inside on an European distribution center, in both its coupe and convertible guises, following the announcement made today. The Camaro will be accompanied to the Old Continent by several more additions, including the production versions of the Orlando concept shown in 2008 and this year’s NAIAS Aveo RS concept.