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China's Chery to show Europe-bound crossover in Frankfurt

Chinese automaker Chery will travel to next month's Frankfurt Auto Show to introduce a crossover developed for the European market. The model will go on sale "in the next few years," but it will wear an all-new nameplate created to help the brand expand its presence outside of China.   

 56m

Nissan 390Z to debut in Tokyo?

Nissan will attend this year's Tokyo Auto Show to unveil a new concept named 390Z. As its name implies, the design study will shed insight into the company's next Z car, according to German magazine Auto Bild.   

 1h

Peugeot to skip Frankfurt show

PSA Peugeot-Citroen has announced plans to skip this year's Frankfurt Auto Show. The decision applies to the Peugeot, Citroen, and DS brands, but newly-acquired Opel will participate in its home show.   

 2h

Toyota partners with Servco to test car-sharing app in Hawaii

Toyota has partnered with its Hawaii distributor to develop a car-sharing app, the company announced Wednesday. Servco plans to take the service live by the end of the year after an employee-only test is completed.   http://prn.to/2x5cRWw

 15h

GM to be removed from Toronto Stock Exchange

GM announced Wednesday that it applied (and received approval) to be removed from the Toronto Stock Exchange. "Given the relatively low trading volume of its shares on the TSX and the fact that GM's NYSE listing provides its shareholders with sufficient liquidity, the company believes that the costs associated with maintaining a dual listing are no longer justified," the company said in the announcement.   

 16h

Merkel predicts the end of non-electrified cars

German chancellor Angela Merkel predicts gasoline- and diesel-powered cars will ultimately cease to exist. Merkel -- who hopes to get re-elected next month -- told members of the media that she can't predict when the technology will go extinct.   

 19h

Switzerland fines hillclimb organizers $5,000 over Hammond crash

Swiss officials have fined hillclimb organizers about $5,000 over the fiery crash that injured Richard Hammond earlier this year. They argue the event "violated the FIA's code of conduct," though they didn't provide more specific details.   

 20h

Next BMW M5 to debut on August 21

BMW has announced the next generation of the M5 will make its debut online on August 21st. The super-sedan is expected to pack about 600 horsepower from a twin-turbocharged V8 engine. It's getting all-wheel drive, too.   

 21h

Aston Martin shows Zagato-designed Speedster

Aston Martin has collaborated with coachbuilder Zagato to turn the Vanquish into the sleek-looking Speedster. Powered by a V12 engine, the model is limited to just 28 examples, making it the rarest of the recent Zagato-styled Astons.   

 22h

Entry-level Volkswagen crossover resurrected?

Volkswagen's on-again, off-again entry-level crossover is finally on its way to production, according to German magazine Auto Bild. Previewed by the Taigun concept (pictured), the up!-based soft-roader will adopt the T-Track nameplate when it arrives in showrooms. However, it won't be sold in the United States due to its size.   

 23h