Chrysler Group said on Wednesday it would refresh its Dodge car line, adding new fuel-efficient small and mid-sized models, as the aut maker seeks to appeal to a broader range of customers.

Adjusted for selling days, light vehicle sales in the US last month fell 3.4% year on year to 835,925 units and General Motors posted its first monthly year on year gain since January 2008 - up 0.9% to 176,662 units.

So, there you have it - the final twist in the tail. GM has, at the eleventh hour, done an abrupt U-turn in order to avoid doing something that it never wanted to do, but felt that it had to

Magna International has said it would continue to "support" Opel and GM after the US automaker decided to retain and restructure the European unit.

British business secretary Peter Mandelson wants to talk soon with General Motors after the automaker scrapped plans to sell its European Opel unit, including its British Vauxhall plants.

It would be fair to say that Germany is not best pleased this morning over GM's decision last night not to sell Opel to a Magna-led consortium and, instead, retain and restructure the European unit.

In a surprise decision announced last night, General Motors' board has reversed course and decided to retain and restructure Opel.

Fiat/Chrysler CEO Sergio Marchionne has said that Chrysler is strengthening its cash position and that analysts underestimate the firm's financial resilience following cost-cutting.

Volkswagen may abandon plans to build an eco car plant in Thailand in favour of developing a more comprehensive alliance with Proton in Malaysia, according to Vallop Tiasiri, president of the Thailand Automotive Institute (TAI).

Honda Motor plans to reduce its cost structure in Japan to be able to break even there using just 70% of its capacity, a top official has said.

Sales success in China, driving quarterly earnings higher than expected, has helped Nissan revise its annual outlook to a profit from a loss.

TRW Automotive Holdings on Wednesday reported third quarter net earnings of US$56m, or $0.50 per share, which compares to a net loss of $54m a year ago on sales down 13.5% to $3.1bn.

GMAC Financial Services on Wednesday reported a third quarter 2009 net loss of US$767m, compared to a net loss of US$2.5bn in the third quarter of 2008. Results in the quarter were adversely affected by losses related to legacy assets

The US National Highway and Traffic Safety Agency (NHTSA) will not conduct an additional investigation of unwanted and unintended acceleration of model year 2007 Lexus ES350 vehicles and model years 2002-2003 Lexus ES300 after an extensive technical review of the

Hyundai Kia Automotive Group's annual overseas output rose above 1.5m units for the first time, industry data showed.

October Canadian car sales were the best for a month so far this year in October and were down 1% year on year to 121,500 units, according to DesRosiers Automotive Consultants data.

Shanghai-based SAIC, partner of GM and VW in China and owner of SAIC Motor, China's biggest automaker, plans to invest RMB6bn (US$879m) to develop and manufacture clean energy vehicles between now and 2011, the official Xinhua news agency said, quoting

Russia's government is reportedly considering a big bail-out to help ailing AvtoVAZ.

Toyota has pulled out of the Formula One world championship after eight fruitless seasons, joining BMW in the exodus. Honda quit at the end of last season. The companies cite the need to cut costs in the current tough business

Yulon Motor shares jumped 3.2% yesterday after a newspaper reported that the Yulon group was likely to assemble and sell cars for China's Geely Motor in Taiwan by the end of the year.