<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Automotive-industry News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=23&amp;catid=399</link><description>News Feed for - Automotive-industry</description><item><title>'We Don't Want To Be A Niche Car Maker'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96349839&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T06:24:00</pubDate><description>Carlos Ghosn Looking back, auto sales have done much better than people thought largely perhaps because of government-backed incentives. So how is the outlook for auto demand looking? I think 2010 is </description><source>Forbes.com</source></item><item><title>UPDATE 1-Hyundai-Kia targets rapid China growth in 2010</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96544604&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T08:27:00</pubDate><description>HONG KONG, Nov 26 (Reuters) - Hyundai-Kia Automotive Group, the world's No. 5 automaker, aims to grow at twice the market rate next year in China, as consumers in the world's largest auto market snap </description><source>Reuters India</source></item><item><title>Toyota slashes bonuses for managers by 20 percent as manufacturer faces losses, </title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96542479&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T07:58:00</pubDate><description>The accelerator pedal, right, in a 2010 Toyota Avalon is seen on the show room floor of Bobby Rahal Toyota in Mechanicsburg, Pa., Wednesday, Nov. 25, 2009.  said Wednesday it will replace accelerator </description><source>Chicago Tribune</source></item><item><title>Toyota seen worst hit among exporters by dlr drop</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96559657&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T11:02:00</pubDate><description>TOKYO (Reuters) - Toyota Motor Corp looks set to be hit the hardest among Japanese exporters by the dollar's tumble against the yen, having assumed what now appear to be the riskiest currency rates for </description><source>Reuters India</source></item><item><title>Fiat 500 or Mazda2?</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96553021&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T08:21:00</pubDate><description>Chic and cheerful You've really put the cat among the pigeons... I have test driven the Fiat 500 Lounge 1.2 and Mazda2 1.3 TS2 back-to-back over the same route. The Mazda has a quieter engine, less road/wind </description><source>Telegraph</source></item><item><title>New Signs of Life for Buick's LaCrosse</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96530574&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T07:34:00</pubDate><description>Buick is General Motors' biggest marketing challenge. Its fogey image, older buyer base, and recent history of making boring cars has made the brand a tough sell for years. But Buick's newest modelthe </description><source>BusinessWeek</source></item><item><title>Review: 2010 BMW 550i Gran Turismo</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96463568&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T07:34:00</pubDate><description>The 2010 BMW 5 Series Gran Turismo is the German automaker's creative new variation on the popular crossover vehicle theme. The first version of this new Bimmer, the 550i GT, powered by a 4.4-liter, 400-horsepower </description><source>BusinessWeek</source></item><item><title>Recall another blow to Toyota's reputation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96545578&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T06:29:00</pubDate><description>The largest recall in Toyota Motor Corp. history will probably put a serious dent in the Japanese automaker's pocketbook. But the hit to Toyota's image could prove even more damaging. The company's reputation </description><source>Los Angeles Times</source></item><item><title>CHINA'S GEELY TARGETS 400,000 AUTOMOBILE SALES IN 2010 - Zibb.com</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96474126&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T06:45:00</pubDate><description>Company: Geely Automobile Holdings Ltd (GELYY) Chinese carmaker Geely Automobile Holdings (SEHK:0175) has raised its 2010 auto sales target to 400,000 vehicles, 30 per cent more than this year's, said </description><source>Zibb</source></item><item><title>GM grapples with Saab, Opel futures</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96465158&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T06:07:00</pubDate><description>General Motors was grappling with the future of two European units overnight on Wednesday, seeking options for Saab after a sale collapsed and preparing to show unions its Opel restructuring plan. The </description><source>South China Morning Post</source></item><item><title>Factbox: The Saab automobile</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96540280&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T05:32:00</pubDate><description>(Reuters) - General Motors' deal to sell its Swedish Saab unit has fallen apart, after niche luxury carmaker Koenigsegg, which was due to buy the loss-making business, withdrew from talks, Koenigsegg </description><source>Reuters</source></item><item><title>GM's Saab sale collapses</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96415221&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T05:32:00</pubDate><description>By Kevin Krolicki and David Bailey DETROIT (Reuters) - A deal for General Motors Co GM.UL to sell Saab collapsed on Tuesday when the buyer pulled out, in a move that threatens a 60-year-old Swedish auto </description><source>Reuters</source></item><item><title>BAIC may bid for select Saab assets, analysts say</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96412725&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T05:06:00</pubDate><description>China's BAIC, part of a group that abandoned its bid to buy General Motors' Saab unit, could still bid for some Saab assets on its own but is unlikely to try for the whole company, analysts said. Beijing </description><source>SINA</source></item><item><title>Clem's Chronicles: Toyota Recall/Afghan Speech/State Dinner Crashers</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96530791&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T03:38:00</pubDate><description>Toyota USA announced today a massive recall of some million cars because of sudden acceleration problems caused by floor mats getting jammed under the accelerator pedal. As you probably recall, Brian </description><source>ABC News</source></item><item><title>Honda Motor Co. Ltd. (ADR) (HMC) Corporate Event Announcement Not...</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96528104&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T03:07:00</pubDate><description>Honda Motor Co. Ltd. (ADR) (HMC) Expected next earnings release: Announcement date: 1/28/2010 - Before Market Earnings Quarter: Q3 Announcement Status: Unconfirmed</description><source>Zibb</source></item><item><title>GM may slash 9,000 jobs in Europe</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96525828&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T02:40:00</pubDate><description>An Opel plant in Belgium faces an uncertain future as General Motors moves to restructure its European operations, a drive expected to cost some 9,000 jobs across the continent, a top executive said Wednesday. </description><source>San Francisco Chronicle</source></item><item><title>Ford Taurus, Lincoln MKS get a needed boost</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96496885&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T02:20:00</pubDate><description>, has a solution for those who like the Taurus and Lincoln MKS but would be happier if the sedans could motor from the light at full speed. For 2009, Taurus offered a 3.5-liter, 263-horsepower V-6; MKS </description><source>Chicago Tribune</source></item><item><title>GM: Company gets an Ed-ucation</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96522627&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T01:53:00</pubDate><description>New chairman Ed Whitacre cancels Opel deal, shakes up culture X Text Size DETROIT - -- In more than four months as General Motors' chairman, Ed Whitacre has sent several clear signals about who is in </description><source>Chicago Tribune</source></item><item><title>Hyundai must pay $8 million in accident case, judges rule</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96521404&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T01:43:00</pubDate><description>The Washington state Supreme Court on Wednesday reinstated an $8-million default judgment against Hyundai Motor Co. in a lawsuit over the backward collapse of a front seat in a 1997 crash that left a </description><source>Los Angeles Times</source></item><item><title>GM Loses Deal to Sell Saab</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96519199&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T01:24:00</pubDate><description>General Motors' efforts to rescue itself keep hitting roadblocks, with the latest blow the collapse of the deal to sell its Swedish unit Saab. Koenigsegg Group walked away from the deal, GM announced </description><source>Digital Chosun</source></item><item><title>Porsche forecasts loss 'in billions' after VW takeover</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96515611&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T00:46:00</pubDate><description>Porsche SE, the holding company established by the German car maker as a vehicle to take control of Volkswagen, said yesterday that it is expecting to record an annual 'low single-digit billion euro range </description><source>The Independent</source></item><item><title>C A Blackwell invests in more medium sized excavators from Volvo</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96511894&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T00:02:00</pubDate><description>26th November 2009 Essex based C A Blackwell (Contracts) Ltd has invested around 1.1m in a deal to replace part of its medium sized excavator fleet with eight new Volvo EC210C and three new EC290C excavators. </description><source>Hub 4</source></item><item><title>Toyota recalls 4 million gas pedals</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96459006&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T10:51:00</pubDate><description>DETROIT (Reuters) - Toyota Motor Corp (7203. T) will fix the accelerator pedals in 4 million cars and trucks to address a safety issue linked to bursts of sudden acceleration and deadly accidents, the </description><source>KFI AM-640</source></item><item><title>Fiat takes Punto down a notch</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96561571&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T13:39:00</pubDate><description>Fiat SA releases a new entry-level model to its range, the Punto Emotion, based on the current Grande Punto. Near identical to the five-door Grande Punto hatchback, Punto Emotion has body coloured finishes, </description><source>Wheels24</source></item><item><title>Geingob gets his Volvo, Toyota land cruiser approved</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96555062&amp;Channel_ID=23&amp;Category_ID=399</link><pubDate>2009-11-26T08:41:00</pubDate><description>GOVERNMENT has bowed to pressure to buy a Toyota station wagon Land Cruiser valued at N$900,000 for Swapo Vice-President also Trade Minister Hage Geingob and re-spraying his recently acquired grey official </description><source>Informanté</source></item></channel></rss>