AUTOS

Avis Budget has raised the cash portion of its hostile bid for Dollar Thrifty, intensifying its onslaught against an agreed offer by Hertz for the Oklahoma-based car-rental operator

A division of Italy's Fiat group is recalling all 1,248 cars of the 458 Italia model after reports that five of the supercars caught fire because of glue in the wheel-arch leaking on to the exhaust

German group that hit financial woes after a move for rival car-parts supplier Continental sheds light on its business in a step that shows willingness to court investors

General Motors' sales in its core US market sagged in August, potentially complicating its bid to drum up investor support for its forthcoming public share issue

Asian carmakers enjoy sharp increases in domestic sales in August, although a slowing global economic recovery and the end of government incentives in Japan cloud the outlook for the coming months

A proposed £2.9bn takeover offer for Tomkins, the London-listed automotive and industrial parts maker, has won the support of over 90% of shareholders

US car sales may be stuck in a lower gear for the foreseeable future

South Korea's auto industry has escaped strike action for the first year after decades of militant union activity, with Kia Motors the latest of the country's five carmakers to make a wage agreement with workers

Opponents of a proposed £2.9bn bid for Tomkins, the automotive and industrial parts marker, have their last formal opportunity to speak against the 325p-a-share offer

Dutch boutique sportscar group lost €139m after tax in the first half in its first set of results since acquiring the Swedish car brand from GM

In an effort to exploit the country's communist and colonialist past, two Chinese state companies revive old brands to challenge foreign dominance of luxury markets

Toyota has recalled another 1.1m vehicles in the US and Canada, bringing the total to about 11m worldwide over the past year

The notion that the 'new GM' might attract prominent foreign shareholders such as SAIC should come as no surprise for a company that sold 72 per cent of its vehicles outside the US last year

Ford Motor plans to use expanded capacity in India to launch eight new models over the next five years and export its locally assembled small Figo car to about 50 countries

The Japanese carmaker is set to sell a device that can be installed in the Prius to simulate the sound of a motor and warn pedestrians that the ultra-quiet car is approaching