Organisers of the German grand prix at Hockenheim have imposed a deadline of March 31 2009 to decide whether formula one will ever return to the circuit.
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As already announced, the 2010 World Rally Cars will be based on S2000 machinery.
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Marco Andretti will be back with the Andretti Green Racing squad in 2009 as team AGR confirmed that they have completed their four-car IndyCar Series line-up for next season.
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The World Motor Sport Council of the FIA met in Monaco on December 12, 2008. The following decisions were taken in regards to the future of Formula 1.
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The automotive world is shrinking by the second. After Volkswagen, BMW is now selling diesel-powered cars in North America. A 3-Series sedan called 335d and a new variant of the X5 known as the xDrive35d are now part of the brand's portfolio. Wolfsburg's TDI monopoly will soon be no more. A new market segment is fast emerging and the 2009 BMW 335d, the first premium compact sedan to run on diesel in Canada, represents the tip of this iceberg.
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Dyson Racing and Mazdaspeed Motorsports have joined forces for a long-term partnership in American Le Mans sports car racing.
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A few automakers are turning their backs on the auto show in Motor City, but that won't stop the venue from being an exciting one.
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A bill to provide emergency loans to Detroit automakers is dead for now, Senate Majority Leader Harry Reid said late Thursday. )x("",We have not been able to get this over the finish line, Reid said.
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WASHINGTON (Reuters) -- Prospects for an auto industry bailout revived in the U.S. Senate on Thursday as surprise negotiations on a compromise moved forward and a vote was possible later in the day.
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General Motors hired outside advisers to weigh bankruptcy, but the board determined that a filing was not an option, a GM spokesman said on Thursday.
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The National Automobile Dealers Association extended the online registration period for its annual convention by two weeks after advance registrations dropped 30 percent. The original deadline was Dec. 5. The new Dec.
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DuPont Co. President Ellen Kullman has resigned from General Motors' board of directors after serving for four years. Kullman, 52, announced today that she would step down immediately to focus on her new responsibilities at the chemical giant.
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A South Carolina Ford dealer is telling Congress in radio commercials that members need to do more than lend money to automakers in order to revive the domestic auto industry.
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Mainly because of General Motors' financial crisis, the automaker is dialing back efforts to get Buick, Pontiac and GMC dealers into three-brand stores, a spokesman says.
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General Motors is resisting pressure for early payments from a dozen suppliers concerned about the automaker's ability to pay for parts, sources say.
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American Axle and Manufacturing Holdings Inc. said today that it is forming another joint venture in China. The business is a 50-50 partnership with Hefei Automobile Axle Co. Ltd., a subsidiary of Anhui Jianghuai Automobile Group Co. Ltd.
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If GMAC Financial Services LLC can't take the steps to qualify for government financial assistance, it could face bankruptcy, according to a Standard and Poor's bulletin issued today.
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A freshman Republican senator from Tennessee, who savaged the Detroit 3 and the UAW in congressional hearings, now says he can save the companies. Sen.
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