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Holidaymakers warned against bogus hire car

AHEAD OF THE busy holiday period a warning has been issued to those travelling abroad to look out for car hire rental scams. The industry body British Vehicle Rental and Leasing Association has advised customers to be wary of 'too good to be true' offers over the Christmas period, including very low rates and nationwide availability right up to Christmas Day. But the BVRLA is aware of many customers who have handed over deposits for cars that are never delivered, leaving them out of pocket and with no transport.

Dodge to get 40-mpg small car; touts mid-cycle product changes

Dodge is 14 months away from having a 40-mpg small car based on a Fiat platform. The tooling for that car was recently handed off to Chrysler Group's engineering department, Dodge CEO Ralph Gilles told journalists in San Francisco on Sunday. That small car is key to Chrysler's recovery strategy and to meeting stricter U.S.

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.