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Jun
3rd

British vanmaker LDV in administration again

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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover. Full story...
Jun
3rd

Magna sees Opel deal in September, Berlin cautious

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Magna International said on Wednesday it expected to complete its takeover of Opel in September but the German government made clear the door remained open to rival bidders. Full story...
Jun
3rd

GM offers dealers up to $1 million to wind down stores

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General Motors is offering some dealerships $100,000 to $1 million to wind down their businesses over the next 17 months, according to three sources familiar with the proposals. Full story...
Jun
3rd

Magna sees Opel deal completion by end of September

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Magna International aims to close a deal with General Motors over its Opel unit by the end of September, Magna's co-CEO Siegfried Wolf said on Wednesday. Full story...
Jun
3rd

British vanmaker LDV in administration as backer pulls out

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British vanmaker LDV is back in administration after potential Malaysian rescuer Weststar walked away from a takeover. Full story...
Jun
3rd

Saab narrows talks with suitors to two, report says

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Saab has narrowed talks with potential buyers to two, the carmaker's top executive was quoted as saying in a Swedish business daily newspaper. Full story...
Jun
3rd

Opel trustee expects disposal could take 6 months

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General Motors' planned disposal of a 65 percent stake in Opel to a consortium led by Magna International could take another six months, a lawyer involved in the process said on Tuesday. Full story...
Jun
3rd

Ford’s new Active Park Assist aims to curb stress

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DEARBORN, Mich., June 3, 2009 - It's an everyday maneuver that can add stress and elevate blood pressure in novice and veteran drivers alike. It's parallel parking. Full story...
Jun
3rd

All-new 2010 Ford F-150 SVT Raptor stars in new feature documentary film

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DEARBORN, Mich., June 3, 2009 - Ford's all-new 2010 Ford F-150 SVT Raptor will be making its Hollywood debut on June 23 when a new feature film about the ultimate production off-road performance truck hits the silver screen. Full story...
Jun
3rd

Entertainment- and Connectivity-Related Technologies Garner High Levels of Interest Among Consumers Planning to Buy a New Vehicle Soon

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Among consumers who plan to purchase a vehicle in the near future, select entertainment- and connectivity-related features are among the most desired technologies for their consideration, according to the J.D. Power and Associates 2009 U.S. Automotive Emerging Technologies Study(SM) released today. Full story...
Jun
3rd

China interested in Hummer

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The Tengzhong company confirmed that negotiations were underway with General Motors to acquire the Hummer brand. If all goes well, and we should have an answer before the end of the third quarter this year, not only will the famous brand survive, but it could also thrive. Full story...
Jun
3rd

DTM: Bruno Spengler’s column – An encouraging 2nd place at Lausitz

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Quebec's own Bruno Spengler, a Mercedes-Benz factory driver, is sharing exclusive comments with Auto123.com readers following his second-place finish at Lausitzring, Germany, last Sunday. Full story...
Jun
3rd

F1: Toyota wants to remain in Formula 1 through 2012

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Team president John Howett insisted on Wednesday that Toyota wants to commit to formula one until "at least the end of the 2012 season". Full story...
Jun
3rd

F1: Max Mosley says Formula 1 teams’ demands are ‘unrealistic’

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FIA president Max Mosley on Wednesday sounded unlikely to end Formula 1's political conflict by surrendering to the existing teams' demands. Full story...
Jun
3rd

Tata Motors Enters the Truck Market as European Diesel Giants Face Major Decline

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The roads are about to get more crowded at the wrong time for Western semi truck manufacturers. European commercial vehicle sales slumped by a record 42.4 percent in April, and companies such as Scania, Volkswagen, Volvo, DAF and Iveco say they are suffering badly. Full story...
Jun
3rd

NAVTEQ Powers Daimler Trucks’ RunSmart Predictive Cruise Solution

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NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions, today announced that Daimler Trucks North America LLC, a top medium- and heavy-duty truck manufacturer, has selected the NAVTEQ map to power the new RunSmart Predictive Cruise solution for its Cascadia(TM) line of vehicles. Full story...
Jun
3rd

NAVTEQ Powers Daimler Trucks’ RunSmart Predictive Cruise Solution

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NAVTEQ, the leading global provider of digital map, traffic and location data for in-vehicle, portable, wireless and enterprise solutions, today announced that Daimler Trucks North America LLC, a top medium- and heavy-duty truck manufacturer, has selected the NAVTEQ map to power the new RunSmart Predictive Cruise solution for its Cascadia(TM) line of vehicles. Full story...
Jun
3rd

F1: Famous names bid for 2010 Formula 1 return

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Two iconic names are bidding to return to formula one's front line in 2010 to contest the World Championship. Full story...
Jun
3rd

F3: Robert Wickens to race in British Formula 3 in Hockenheim

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Canadian Robert Wickens will rejoin the Carlin team this weekend, at the Hockenheim round of the 2009 Cooper Tires British F3 International Series. Full story...
Jun
3rd

F1: A venue for a Polish Grand Prix; Turkey race in danger

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Poland could be among the next names to feature on future formula one calendars. Meanwhile, the Turkish race is possibly in danger. Full story...
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