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GM 363 asset sale approved by U.S. Bankruptcy Court

General Motors achieved another milestone in its reinvention last night when Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation’s assets to NGMCO, Inc., an entity funded by the U.S. Department of the Treasury.

Third monthly sales increase for Chevrolet

Great value for money and stylish design needn’t be expensive, as thousands of new car buyers have found out by turning to Chevrolet – a brand which has completed a hat-trick of monthly sales increases.

Ferrari Scuderia Spider 16M completes hillclimb in 59 seconds

Ferrari Scuderia Spider 16M completes hillclimb in 59 seconds

Ferrari showcased three of its latest supercars in the Sunday Times Supercar Runs at the Goodwood Festival of Speed: the innovative Ferrari California, the remarkable 599 GTB Fiorano with HGTE package, and the limited edition Scuderia Spider 16M.

Volkswagen celebrates one-two win at Little Dakar

Volkswagen celebrates one-two win at Little Dakar

Ten out of ten possible stage wins, four lead changes and a captivating duel: Volkswagen decided the Rallye dos Sertoes in Brazil in their favour with a one-two win and took the first successful step in the title defence the brand targets at the Dakar Rally in January 2010.

Scrappage incentive scheme successful

The much anticipated vehicle scrappage scheme, which started on 18 May, is proving hugely popular and is working well, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

MINI makes 1.5 million

Just weeks after celebrating MINI’s 50th birthday, another milestone was reached as the 1.5 millionth car rolled off Plant Oxford’s production line, since the launch of the new MINI in 2001.

Car scrappage impact will appear in coming months

'The true impact of the vehicle scrappage scheme will be felt over the next few months, as the volume of orders made via the scheme are processed and consumers receive their cars,' says Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), representing the UK’s car dealers.

New car registrations fell 15.7% in June

The new car market posted its smallest decline since July 2008, at -15.7%, in June, according to the the Society of Motor Manufacturers and Traders (SMMT).

Audi celebrates centenary in style at Goodwood Festival

Audi demonstrated ‘Vorsprung durch Technik’ in spectacular fashion at the Goodwood Festival of Speed last weekend (3-5 July).

Sunday Times chooses XKR for hot laps shoot out

Sunday Times chooses XKR for hot laps shoot out

The famous start/finish straight at Silverstone racing circuit resonated to the distinctive bellow of a brace of 10MY Jaguar XKR coupes this week as the stars of Channel 5's Fifth Gear set about posting the time to beat in this year’s Sunday Times ingear Hot Laps competition.

New Peugeot 207 CC goes on sale in August

New Peugeot 207 CC goes on sale in August

Europe’s top selling coupé cabriolet, the Peugeot 207 CC, will be even hotter this summer with the introduction of the new, restyled 207 CC. Since its introduction in March 2007, the Peugeot 207 CC has been the coupé cabriolet to be seen in.

uSwitch.com: June new car sales

In response to the SMMT's new car sales figures, Mark Monteiro, car insurance expert at uSwitch.com, comments: "Today's report from the SMMT indicates that the scrappage scheme is making small inroads for the UK's struggling car insurance industry.

Confused.com: June new car registrations

Will Thomas, head of motor at Confused.com, says: "Despite criticisms, the car scrappage scheme seems to have made an impact on the rate of decline in the car industry. June's decline was the smallest since July 2008.

Young adults admit to drink driving

Shocking figures released by The Co-operative Insurance have revealed that 55 per cent of young drivers have got behind the wheel under the influence of drink or illegal drugs.

Eibach launch new Passat CC upgrades

Eibach launch new Passat CC upgrades

With the launch of their Passat CC, VW created a truly credible alternative to the wares of BMW and Mercedes. The car’s stunning combination of fantastic looks, useable space and sensible running costs has proved popular with critics and buyers alike.