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

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

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

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