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British motor show axed for good?

The British motor show will not go ahead in 2012, the organisers confirmed today. The Society of Motor Manufacturers and Traders dashed hopes that the UK expo could return after the recession put stop to 2010's event - effectively ending over a century of UK motor shows. 'The British International Motor Show has been a tremendously successful showcase for the UK motor industry,' said SMMT chief exec Paul Everitt.

Gert Hildebrand on his new challenge at Chinese startup, Qoros

Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.

February new car sales up 4 percent on light-truck demand

U.S. light-vehicle sales rose a modest 4 percent to 1.19 million units last month, with Volkswagen AG, Ford Motor Co. and General Motors setting the pace as automakers overcame severe winter weather, higher taxes and rising gasoline prices to keep the industry's recovery on track.