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Thanks to its new models and received support from the U.S. government in October Ford Europe has the highest levels of sales in 12 years.

The company increased its share of European car market to 8.8 percent, but its such a success the team has not been achieved from 1997 onwards.

According to the latest figures released by Ford Europe, sales of U.S. carmaker in October this year increased by 12.8%, equating to 121 000 cars purchased.

The success of the American company was aided by the emergence of its new compact models, Fiesta and Ka, and a number of incentive programs through which the U.S. government supported activity j.

The duration of most of these programs expire in the coming months and this may negatively affect the sales of Ford in Europe.

For example, expires in September of programs created by the German government to stimulate demand for new cars, which led to a decline in sales of cars in Germany.

The automobile giant General Motors (General Motors) announced Monday that beginning the restoration of government loans received earlier than anticipated.

Although it has posted losses worth 1.2 billion dollars for the third quarter, the U.S. concern has increased its cash reserves to 3.3 billion dollars, world agencies reported.

From avtomobiloproizvoditelya indicate that they plan to make the first installment of $ 1 billion in December and each quarter to pay $ 1 billion, while not fully repay this loan. Moreover, it will revert to $ 200 million every three months the Canadian Government, which does owe $ 1.4 billion.

The company’s cash reserves are currently equivalent to 42.6 billion dollars.

The U.S. government remained surprised by the intentions of the company, provided that the deadline for a loan in July 2015, it currently owns a majority stake in GM, but the amount of credit granted by it is 6.7 billion dollars.

Despite the recent upturn in car sales, General Motors continues to be in a difficult position. For the period 10 July (the date of the company’s emergence from the bottom) - 30 September is a giant recorded losses of 1.2 billion dollars.

In comparison, most of the company’s major competitors - Ford Motor and Toyota Motor, recorded a windfall profits for the third quarter.

If a U.S. company Terafudzhiya “execute his plans, first recorded flying car will be in circulation before the end of 2011, the site Gadzhetofiliya said, quoted by BTA.

E new vehicle called Tranzishan “(Transition Roadable Aircraft). (

The prototype is now going through testing and licensing process, but can really fly and travel on land. Since it is categorized as a light sport aircraft in the U.S. “Tranzishan” can be managed by the sport pilot.

The car was first in the world with folding wings. They narrowed gracefully into the cabin just 30 seconds with a command from inside. Produced two-seater, which came in a simple garage. Flying car can travel 640 kilometers by air with a fuel tank.

During the flight vehicle development speed to 184 miles per hour. Bad weather is no problem for him, because if conditions are unfavorable for flying, you can travel on land. The price of the flying car will be around about 195 000 dollars.

The company “Great Wall” (Great Wall), which is one of the largest car manufacturers in China, will begin production of SUV type vehicles in Lovech before the end of 2010, Xinhua news agency reported today.Bulgarian company Litex Motors’ recently signed a contract with a Chinese car company to build a factory for assembling cars in Bulgaria, which is a good opportunity for the country to develop its automobile industry, rent a car in Bulgaria and other renting services recalls the agency.

The investment amounts to nearly 80 million.“Great Wall” produces different models visokoprohodimi and trucks, and has over 20 subsidiaries with over 18 000 employees.

The deal is considered a great opportunity for Bulgaria to show that the business climate in the country is suitable for large investments.The latter, however, may be the last chance of the automotive industry in the country after the failure of cooperation with “Rover” in 1996, the agency notes.

Sweden is set for final closure of the smallest producer of serial Saab cars, reported German news agency DPA.

After the surprise collapse of negotiations to sell between U.S. concern parent General Motors and a local manufacturer of sports cars Kyonigseg Wednesday the Wall Street Journal reported that the declaration of insolvency is the most likely solution. The Supervisory Board of General Motors will meet on the issue next Tuesday in Detroit.

There are no other interested buyers, said from headquarters Dzhenetal Motors.

Some time relied on a rescue of Saab automobile concern of the Chinese Geely, which already changed its plans and looks at the Swedish automakers Volvo Group from Ford.

Chief concern Saab ?ke Jansson not want to say how long the company will be able to withstand extremely low sales prices.

Currently in the Saab 3400 workers are employed.

The CEO of the world’s leading manufacturer of cars General Motors (General Motors, GM) - Fritz Henderson will be split with the company said Thursday.

It is not yet clear whether the board of directors itself Henderson made the first step towards the surprising decision.

The news was announced minutes after the end of the meeting of the board of General Motors in Detroit, whose main topic was discussing the fate of the Swedish Saab they use.

White House denies any involvement in the resignation.

Chairman of the board of the company, Ed Uaytakar Jr., who is also former head of communications company AT & T will take a temporary post.

Both were elected to positions of the U.S. government, which owns more than 60% of the company in exchange for lending billions of dollars of loans. But while Henderson is one of the company, it is Uaytakar outdoors in general throughout the industry.

Road giant announced that it will have to evaluate the tenders received for Saab, the end of December because of the emergence of new potential buyers who did not want to name.

Henderson took over the management of General Motors in late March when the company was brought to bankruptcy and the U.S. government saved her, her having a great financial support, and then Director Rick Uagonar was forced by the administration of President Barack Obama to resign.

After the agreement between the Koenigsegg Group and General Motors on the sale of Saab failed, now the Swedish manufacturer, also known experience in the aircraft, looking for potential new buyers, and say that there are several interested parties.

At the beginning of the week was word that the Chinese from Beijing Automotive (BAIC) and the commercial bank Merbanco of Wyoming have shown interest in buying a Saab. Now the Dutch sports car maker Spyker also confirmed that negotiations with GM to buy Saab.

Information was disclosed by a spokesman for the Spyker, but had no further details.

Interestingly, so far, the Dutch gave no sign of interest in buying the brand, such as Koenigsegg. But besides, Koenigsegg, Spyker, and are manufacturers of sports cars such as the Swedes plan to use the factory of Saab, to produce their forthcoming electric supercar Quant, who is due to come into production. Why assume that Spyker and plans may be identical.

It is curious that Spyker had no profit since the brand was revived in 2000. Accordingly, the Dutch continue to rely on foreign funding to support themselves, so your chances to gain real Saab look very suspicious.

South Korean carmaker ‘Em G & B Daewoo Auto Technology, which is a subsidiary of American company General Motors announced its intention to withdraw for repairs 30.7 thousand small spark from the car model “Matisse”, ITAR-TASS quoted by BTA.

The reason for this decision, as announced today by the representative of the Korean authorities are defects in the air bag and windscreen wipers. At low temperatures refuse wipers and airbags upon impact is separated from the car.

All cars of this model manufactured between July and November this year, subject to free repair of deficiencies.

Yesterday the Japanese automobile company Nissan has announced that downloads of free repair over 345 000 vehicles in Japan and abroad due to a defect in the brake and measuring the amount of fuel.

Cheapest car “Nano” (Nano) of Indian carmaker Tata Motors (Tata Motors) has become the star of the Auto Show in Fukuoka, told the Japanese newspaper Japan Times, referring to the organizers of the event.

The model was shown for the first time in Japan avtolyubitelite Friday Edition adds.

Small car to itself drew countless visitors in the first day of the exhibition.

“Nano” was released on the Indian market last summer for the unprecedented price of 220 only 000 yen (about 3 300 leva). For comparison, the cheapest car in Japan costs about 600 000 yen.

From Tata has pledged to create a version of the car for sale in Europe and the United States. And when the Indians actually work to fulfill his promise that.

Edition of Autocar spread more details on the model, which is scheduled to debut in 2011.

Indians will replace its two-cylinder engine with a 33 hp, used for the original version, with a new aluminum tritsilindrov unit with a capacity of 60 hp This new engine will be connected with five-speed manual transmission, with which to achieve good fuel economy and low separated from car emissions.

The European version of Nano will be slightly greater length than the Indian version. Using more metal should be enough to pass a car crash tests successful European Euro-NCAP.

At the same time is provided more space for passengers and their luggage. According to information published in the aforementioned issue, the value of the car in the range between 4400 and 5300 euros will change the perception of prices of cars sold in Britain.

With synthetic rubber tires on the basis of biological material were the most recent product exhibition in Denmark. One of the first prototype based on the new substance BioIsoprene can be seen until 21 December of the central terminal “departure” of the international airport in Copenhagen.Innovative rubber will be presented during other events at the World Climate Conference in Copenhagen.
The new development is the result of joint activity of two major manufacturers of tires Goodyear and Genencor, a subsidiary of Danish company Danisco, a specialist in biotechnology.”The first development of rubber BioIsoprene is the result of our enormous progress in the processing of an alternative material of isoprene, which is based on oil, explained Jess Ryoko, Head of Research at Goodyear.

The creation and development of BioIsoprene could greatly help us to reduce harmful impacts on the environment through the use of prerabotvaema material and thus Goodyear will be dependent on petroleum derivatives, added Ryoko. BioIsoprene is a suitable proxy for isoprene in products such as surgical gloves, golf balls, glue. With it’s potential and development opportunities are huge, Genencor.  Some of Bulgaria rent a car companies have interest to import a new model.One year since Goodyear and Genencor collaborate in the development and use of BioIsoprene in the production of tires. The two companies create a common system for the production and plan to make their first series of products by 2013 .