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Peugeot returns to Pikes Peak with 208 T16 Sebastien Loeb  Apr 3rd, 2013 

at the helm will mark the brand’s return to the famous Pikes Peak Hill Climb in the US in June. With victories in 1988 and 1989 - the former with ...  
 
 
Video Car prices on the rise as auto industry picks up speed  Apr 3rd, 2013 

The car industry is back in the driver's seat, as prices for cars rise, and incentives fall- just when consumers and businesses need to buy new ...  
 
 
Canberra defends automotive handouts  Apr 3rd, 2013 

The Federal Government has talked up the benefit of its support for the automotive industry after Ford and Holden revealed they'd received over $3.3 billion in ...  
 
 
From pain to gain GM Ford Chrysler post best US sales since 2007  Apr 3rd, 2013 

Chrysler reported their best US sales performances since 2007 on Tuesday amid booming overall auto demand following the US industry's near-collapse five years ago. Total industry sales rose 3.4 percent from March 2012 and came in at a seasonally adjusted, annual pace of 15.3 percent, according to Autodata. That's down slightly from February, but means the industry has now racked up five ...  
 
 
‘Auto show’ll focus on parts fleet management’  Apr 3rd, 2013 

The eight edition of Lagos motor show will focus on the development of spare parts and fleet management, the organiser of the event, BKG Exhibition Limited, has ...  
 
 
Teslas Elon Musk will bankroll auto buybacks  Apr 3rd, 2013 

Billionaire Elon Musk says he's personally going to guarantee the buyback value of his Tesla electric cars under a newfangled lease arrangement -- even if his company were to go out of business. Musk ...  
 
 
Auto sales up on economy tax refunds cheap loans  Apr 3rd, 2013 

Buyers favor trucks, SUVs and loaded models Detroit automakers ruled the March sales charts, parlaying their truck and SUV expertise into solid gains while Asian rivals -- except for Honda -- lagged.All three Detroit makers gained market share, mainly at the expense of Toyota, Nissan, Hyundai and Kia. The annualized sales pace was 15.3 million, according to Autodata, a solid - if not spectacular ...  
 
 
New Tesla loan program designed to assure skeptics  Apr 3rd, 2013 

The Tesla Model S, which won the 2013 World Green Car of the Year award at the New York Auto Show last week, costs about $70,000. Tesla unveiled a financing program to cut ...  
 
 
Car sales drag while truck sales rev up  Apr 3rd, 2013 

U.S. new vehicle sales rose 3.4 percent in March from last year with light trucks sales up and sales of passenger cars down, industry figures showed. Compared to March 2012, sales of passenger cars dropped 1.3 percent to 753,702 from 763,306. Sales of light trucks -- what might be called residential trucks as opposed to commercial trucks -- rose 9 percent from March 2012, Autodata said Tuesday. ...  
 
 
Japan eyes rare earths cache on sea bottom  Apr 3rd, 2013 

Japanese researchers say China's virtual monopoly on rare earth elements could be weakened following the discovery of vast deposits on the Pacific Ocean floor. About 97 per cent of the world's supply of the elements vital to many technologies -- from LCD screen to batteries in hybrid cars and other electronics -- comes from China. Yasuhiro Kato and colleagues at the University of ...  
 
 
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