Zurich - General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab's future.
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An official of the famous 24 Heures du Mans sports car endurance race has invited formula one teams to next year's Le Mans.
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Even though Canadian Paul Tracy has been racing for so many years, it will be the first time he will ever compete on the Watkins Glen famous road circuit this coming July.
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Initially with a budget only for 2009, and as yet not officially signed up to race next year, Ross Brawn is nonetheless confident his championship-leading team Brawn GP will still be around next season.
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SIRIUS XM Radio (NASDAQ:SIRI) announced today that the XM satellite radio service is now available as factory-equipped standard equipment on 2010 Camry vehicles with premium audio, while model year 2010 Camry vehicles with standard audio will continue to offer XM service as a dealer-installed option.
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Former Grand Prix driver Niki Lauda has slammed formula one's political crisis as the making of "egocentric managers" engaging in "personal feuds".
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HERNDON - Audi of America is the first market to completely integrate the Audi brand into the next generation of the Audi website, including dealer and regional websites.
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When it arrives at Canadian dealerships in July 2009 the second-generation Mazdaspeed3, one of the fastest front-wheel drive cars available, will be priced at $32,995.
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According to two well informed British sources, the person who wrote the original blog post saying that Honda in facto still owned 111 shares in Brawn GP was unfortunately mistaken.
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For lovers of exclusive cars Mercedes-Benz is proud to announce the arrival of an eye-catching new version of the C-Class on the scene.
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The brand with the four rings leads the pack with a new vehicle concept: The Audi A5 Sportback combines the best of different automotive worlds. It is as emotional and elegant as a coupe, as comfortable as a sedan, and as practical as an Avant.
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The brand with the four rings leads the pack with a new vehicle concept: The Audi A5 Sportback combines the best of different automotive worlds. It is as emotional and elegant as a coupe, as comfortable as a sedan, and as practical as an Avant.
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General Motors today named longtime purchasing executive Robert Socia, 55, to replace Bo Andersson as GM group vice president for purchasing and supply chain. Socia currently serves as executive vice president Shanghai General Motors.
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A pedestrian Fiat in the hallowed halls of the Ferrari museum in Maranello? Some Tifosi would cry blasphemy. But not this summer, when a group of Italian museums plays host to an exhibition detailing 110 years of that countrys iconic automobiles.
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I am probably the only mother on Earth to rue that her 20-something son decided to go back to college. And yet I did rue it, however fleetingly, Sunday night.
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In today's News Brake: GM crimps the flow of money to NASCAR teams; the Summer of Love Tour notches its first weekend; and Ross Brawn's dominating Formula One team is having a garage sale ... But Wait, There's More!
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Bo Andersson, who resigned as General Motors' purchasing chief on Friday, has agreed to become chairman of Russian automaker GAZ.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up