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Goldman investment boosts China Geely's global hopes

Goldman Sachs' (GS.N) $334 million investment in Geely Automobile Holdings (0175.HK) will boost the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's (F.N) Volvo brand.

Ford launches small car in India; sees US mkt upturn

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Ford Motor Co (F.N) will start production of a small car in India early next year, and its chief executive said the U.S. market had was showing signs of recovery and he expected industry sales to rise in the next two years.
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Magna CEO says aims to appease VW on Opel deal

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.
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Geely, Goldman in $250 mln conv bond deal talks: sources

An investment arm of Goldman Sachs Group is in talks with China's biggest privately-owned car maker Geely Automotive to buy about $250 million of the company's convertible bonds, two sources said.
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Goldman Sachs fund to invest $250 million in Geely: report

A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile , a move that could free up capital for Geely's parent to bid on Ford's Volvo unit, the Wall Street Journal reported, citing an unidentified source.
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Visteon to give up some GM parts business

Visteon Corp has sought U.S. Bankruptcy Court permission to drop contracts to supply auto interiors, fuel tanks, climate controls and lighting components to General Motors Co under a deal with the automaker that would give it more than $22 million.
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TIMELINE: China car makers eye global brands

Geely Automotive (0175.HK), the Chinese carmaker whose parent is eyeing Ford's (F.N) Volvo unit, has approached Canadian auto parts maker Magna International about possibly taking a stake in Opel, a source said.
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Geely discussed Opel stake with Magna: source

China's Geely Automobile has approached Magna International about joining the Canadian auto part maker's bid for Opel, a source familiar with the matter said, as China chases Western brands and the technology it needs to drive future growth.
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Carmakers see bumpy road to recovery

Executives at the Frankfurt Motor Show predicted a bumpy road to a car market recovery as they showcased their latest green technology, which they hope will transform the industry.
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Ford sees more opportunity for cost cuts

Ford Motor Co (F.N) is on track to have cut structural costs by up to $15 billion since 2005, but has room to make further reductions, the automaker's chief financial officer said on Wednesday.
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Ford to bring compact minivan-like vehicle to U.S.

Ford Motor Co (F.N) will produce a seven-seat minivan-like vehicle built on a stretched compact car platform in North America beginning in late 2011, the automaker said on Tuesday.
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Ford asks European govts to continue car subsidies

Ford Motor Co (F.N) is asking European governments to keep incentives for consumers to scrap old cars because demand remains very weak and an abrupt suspension of the programs could lead to another sharp decline in sales, the head of Ford Europe said on Tuesday.
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Europe car makers facing Asian shakeup

The European car industry could face a further shake-up with Asian companies pouncing on the chance to buy assets as China's Beijing Automotive Industry Holdings has done with Swedish car maker Saab.
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Geely considers bond, says unrelated to Volvo

Geely Automotive (0175.HK), the Chinese carmaker whose parent is eyeing Ford's (F.N) Volvo unit, said it was considering a convertible bond issue, but added that the move is unrelated to the parent company's previously disclosed interest in the Ford unit.
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China's Geely to raise capital; parent eyes Volvo

Geely Automotive , the Chinese carmaker whose parent is eyeing Ford's Volvo unit, is set to raise capital through a bond issue in a move that may provide funding for a Volvo bid.
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August sales rise boosts carmakers' spirits

News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.
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Volvo truck shipments down 52 percent in August

World number two truck maker Volvo (VOLVb.ST) said on Tuesday truck deliveries fell 52 percent year-on-year in August as markets across the globe remained mired by the economic downturn.
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CAW aims to wrap up working-level Ford talks

The Canadian Auto Workers is working to complete a working-level exchange of information with Ford Motor Co (F.N) this week before returning to full-scale negotiations with the No. 2 U.S. automaker, the head of the union said on Monday.
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European carmakers ask if sales rise can last

News that European car sales rose for a third consecutive month in August kicked off the Frankfurt Motor Show, where automakers are showcasing green technology they hope will transform the industry.
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Sales rise boosts European carmakers' spirits

News that European car sales rose for a third consecutive month in August helped lift the mood at the Frankfurt Motor Show, where automakers will showcase green technology they hope will transform the industry.
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Opel deal has Magna's 2nd biggest customer worried

Auto parts supplier Magna is discovering that its customers like BMW are concerned that it may become a competitor as well as a vendor if it acquires a controlling stake in German carmaker Opel.
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Ford says union talks aim at long-term issues

Ford Motor Co sees no near-term North American labor cost disadvantage with rivals General Motors Co and Chrysler Group LLC, but is in talks with its unions to address longer-term concerns, its global labor chief said on Thursday.
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Ford launches production at Romanian plant

Ford Motor Co (F.N) started production at its Romanian plant in the southwestern city of Craiova on Tuesday, seeking to sell its Transit Connect van in Romania and eastern European markets, officials said.
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Ford and Canadian union begin cost cutting talks

Cost cutting talks between Ford Motor Co (F.N) and the Canadian Auto Workers began on Tuesday, the union said, adding that a key condition to reaching a new agreement would be a commitment by Ford to maintain its current manufacturing presence in Canada.

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