Dec
22nd
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Toyota Motor Sales U.S.A. Inc. said today that it will show a small electric concept vehicle at the Detroit auto show next month. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
22nd
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Suzuki dealers won't get floorplanning help after all from Suzuki Motor Corp. In a letter sent to dealers Saturday, Dec. 20, Suzuki said it has been )x("",forced to abandon attempts to find a source of wholesale financing for its dealerships. Full story...
Dec
22nd
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The Federal Reserve today said new-car dealers' floorplan loans will be included in a $200 billion program designed to stimulate small-business and consumer lending. Full story...
Dec
22nd
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General Motors may finally be getting its loan from the federal government, but that doesn't mean it's going to resume its former marketing-spending levels. Full story...
Dec
22nd
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The 909 Bergspyder--which was built in small numbers in 1968, mainly for hillclimbs--is the lightest Porsche race car of all time. Full story...
Dec
22nd
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Porsche has always raced in a unique way. Full story...
Dec
22nd
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It’s the news that General Motors and Chrysler have been desperate to hear – the US government has finally agreed to loan to help them stay afloat. Full story...
Dec
22nd
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The latest speed demon from Ford Racing, the Cobra Jet Mustang, is a lock to be a collectors item--but at least four of them are sure to light up their tires and make it down the strip. Full story...
Dec
22nd
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Further crystallizing the severity of the global economic downturn, Toyota is forecasting its first annual operating loss as a sales slump and rise in the yen eat into the automakers usually flush finances, according to a Reuters report. Full story...
Dec
22nd
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Clutch producer ZF SachsSlovakia, in Trnava, plans to lay off 70 of its 1,350 employees,mainly production workers, from February, according to a local job centre spokeswoman. Full story...
Dec
22nd
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As pressures increase to thin the number of auto dealerships, a few Detroit area Ford dealers took matters into their own hands. The decision to stop selling new Ford vehicles at Al Long Ford Inc. in Warren, Mich. Full story...
Dec
22nd
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The Nizhny Novgorod government will meet with bankers on Wednesday and Thursday to discuss lending to struggling automaker GAZ Group, the region's governor Valery Shantsev has said. Full story...
Dec
22nd
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Porsche's essence may have come about when company patriarch Ferdinand Porsche began tinkering with cars. In 1900, he built what may have been the first hybrid, with a combustion engine under the hood and electric motors on the front wheel hubs. Full story...
Dec
22nd
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Maserati is unveiling a higher-performance version of the Quattroporte at the Detroit auto show--the Sport GT S. Full story...
Dec
22nd
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Audi will unveil a concept for its new A7 at the Detroit auto show in January. Full story...
Dec
22nd
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Bridgestone has cut its full-year net profit forecast by 81.8%, with the Japanese tyre company also slashing its sales forecast by 5%. Full story...
Dec
22nd
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General Motors' Australian unit Holden will build new small car in Australia alongside the Commodore from the third quarter of 2010 with support from the federal and South Australian governments. Full story...
Dec
22nd
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General Motors UK unit Vauxhall is reported to be in talks with unions over further cost-cutting measures. Full story...
Dec
22nd
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Volkswagen will begin producing its Touareg full-size SUV in Russia in January 2009, a company press release has announced. Full story...
Dec
22nd
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Proton-owned Lotus Group has disclosed a profit of GBP2m for the year to the end of March 2008 compared with a loss the previous year of GBP7m. Full story...