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Forecasters see slow auto-sales recovery through 2011

U.S. auto sales in 2010 and 2011 will continue to crawl -- not walk or run -- out of last year's recession, according to forecasters at the Auto Industry Hot Topics Conference here. “It's going to be a long crawl out of this, but we're crawling in the right direction,” said David Wyss, chief economist for Standard & Poor's, which co-sponsored the conference along with J.D.

Nissan 370Z prices announced

Nissan 370Z prices announced By Ben Pulman Motor Industry 27 January 2009 12:21 Nissan has announced prices for UK-spec 370 Z sports cars, and punters will be pleased to learn that the entry-level Zed will cost £26,895 – a mere £166 more than the 350Z. All cars of course come with a rear-wheel drive chassis and 328bhp 3.7-litre V6, but base-model 370Zs also have climate-control, electric seats, 18-inch wheels, automatic xenon lights, plus aux-in and Bluetooth connections. For an extra £3300 you can get the GT pack, which replaces your measly 18-inch alloys with 19in forged Rays items, gives you electric heated leather seats, upgrades your stereo and adds the Synchro Rev Control, which automatically blips the throttle on downshifts.

General Motors board recommends selling Opel to Magna-led group

General Motors Co.'s board has decided to support selling a majority stake in Opel to a group led by Canadian auto parts giant Magna. The move caps weeks of high-stakes maneuvering on both sides of the Atlantic that saw nationalism, labor issues and--perhaps most critical to GM, the use of its technology--all come into play. Magna and Russian lender Sberbank will get a 55 percent interest in Opel, the linchpin of GM's European operations for 80 years, as well as its British sister brand Vauxhall.