Barcelona and Inter Milan have apparently agreed a deal which will see Inter Milan's Zlatan Ibrahimovic travelling to Spain and Barcelona's Samuel Eto'o heading in the opposite direction.Reports suggest Barca have agreed to pay in the region of £35m plus

Bankrupt Lear Corp has said it has reached a tentative contract agreement with more than 700 workers represented by the UAW. The two sides have been in an acrimonious dispute.

The Society of Motor Manufacturers and Traders (SMMT) has backed the findings of a Business and Enterprise Select Committee inquiry that expresses 'serious concern' about the effectiveness of the UK government's 'Automotive Assistance Programme' (AAP).

New vehicle sales in Thailand fell by 13.4% year-on-year in June to 43,402 units, according to data released by distributor Tri Petch Isuzu.

Peter Harbig, chairman of the board of the insolvent Wilhelm Karmann GmbH has resigned from his position.

Ford has announced the retirement of two senior executives and a series of what it calls 'key leadership changes' that further strengthen its management team and support the company's "One Ford" transformation plan.

Commissioner Poizner of California's Department of Insurance has proposed revised regulations that will give insurance companies the ability to offer consumers coverage plans that are paid for by the mile.

GKN Driveline says that its 'breakthrough' countertrack constant velocity joint (CVJ) technology is exciting the interest of vehicle manufacturers in Europe, North America and Asia because of its fuel saving potential.

The chairman of the Japan Automobile Manufacturers Association (JAMA) has said that fuel-efficient cars eligible for government tax breaks made up more than half of new domestic car sales in June.

BYD Co is looking to raise capital to fund business developments and new projects, the Chinese battery and auto company has said.

Goodyear has announced that it will close its tyre plant in the Philippines as part of a strategy to address uncompetitive manufacturing capacity globally.

Renault's global sales fell 16.5% in the first half of the year compared to the same period last year to 1.1m units. But the company, which is due to publish full results on 30 July, said that it generated "significantly

Tata Motors has announced that it has delivered its first Nano.

Nissan is reportedly considering developing its own hybrid technology for mid-sized and compact hybrid cars, and aims to roll out a model in Japan using that hybrid system in 2011.

The US House of Representatives has approved a measure designed to reverse some 2,100 dealer cuts at GM and Chrysler. However, its backers called on dealers and the automakers to find a compromise.

Bajaj Auto's plans to get into the small car segment may be undergoing something of a rethink according to an Indian newspaper report.

French auto workers are continuing to threaten to blow up their car parts factory after talks between their union and the car maker Renault fell through last night.

Kia Motors has launched its first commercialised hybrid electric vehicle (HEV), the Forte Liquid Petroleum Injection (LPI) Hybrid, on its domestic market of South Korea.

Toyota subsidiary Daihatsu has said it will change its product brand in China from Daihatsu to FAW later this year due to flagging sales under the Daihatsu brand name.

Delphi is widely reported to have reached a deal with its lenders and ex-parent GM over a new plan that would lift the company out of bankruptcy.