Auto News 5

Fiat has selected the three members it will appoint to the board of the newly formed Chrysler-Fiat entity once it emerges from bankruptcy, including Fiat Group CEO Sergio Marchionne and Fiat Powertrain Technologies CEO Alfredo Altavilla, according... Full story...

Fiat has selected the three members it will appoint to the board of the newly formed Chrysler-Fiat entity once it emerges from bankruptcy, including Fiat Group CEO Sergio Marchionne and Fiat Powertrain Technologies CEO Alfredo Altavilla, according... Full story...

The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...

The U.S. Treasury Department said it has put another $7.5 billion into auto lender GMAC to enable it to support both Chrysler LLC and General Motors car buyers and partly meet a shortage of capital. Full story...

The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported late Thursday. Full story...

Fiat S.p.A. has signed an agreement to set up a car manufacturing venture with China's Guangzhou Automobile Industry Group, the Shanghai Securities News said on Friday, citing the Chinese automaker's general manager. Full story...

Russia may broaden the list of new cars eligible for state-subsidized loans after an earlier effort to stimulate sales failed to attract buyers in significant numbers, the industry and trade ministry said. Full story...

The Obama administration is preparing to steer General Motors into bankruptcy next week, the Washington Post reported on Thursday, citing sources familiar with the discussions. Full story...

Although consumers are more cost-conscious during these stressed economic times, many remain committed to more sustainable lifestyles and products, evident by the growing demand for items such as organic foods, clothing, personal-care and cleaning products. In fact, goods and services focused on health, the environment, social justice and sustainable living represent a $209 billion marketplace in the U.S. Ford's use of more bio-based, recycled and reclaimed materials for vehicle interiors gives the company further leverage with this expanding consumer segment that's living green. Full story...

As the one-week window to lodge an official entry for 2010 opened at midnight on Friday, it emerged that at least two teams sent off their signed and sealed paperwork. Full story...

Formula 1 supremo Bernie Ecclestone in Monaco issued a veiled threat to sue Ferrari should the famous Italian team pull out of formula one at the end of the season. Full story...

Well-heeled soccer moms might check out luxury crossovers contenders by piling the hubby and the kids into three rows of seating, and taking a leisurely ride around town. Our first ride in the all-new Lincoln MKT was on high-banked high-speed test track at Ford's proving grounds in Romeo, Michigan. Full story...

Canadians who need a truck for work are looking for power, fuel-efficiency, utility, and comfort that they can depend on. That's why Toyota has upgraded the Toyota Tundra full-size, work-ready pickup truck for the 2010 model year with a new 4.6 litre V8 engine available on 4x2 and 4x4 2010 Tundra models. Full story...

SEYMOUR, Conn. - With summer right around the corner, Thule, a world leader in transportation accessories, is proud to announce the awards for their 2009 Thule Road Trip Vehicles of the Year. This distinction is reserved for automobiles above and below $30,000 that provide the perfect combination of fun, utility, gas mileage, safety and conveniences for a family or group of four planning a road trip. Full story...

Robert Huff and Alain Menu claimed two victories for Chevrolet on the infamous streets of Pau, extending the new Cruze's winning streak to four in the 2009 FIA World Touring Car Championship. Full story...

Romain Grosjean has continued his winning ways with a storming drive to victory in the feature race today in Monaco, leading almost every lap to hand his team another one-two result ahead of teammate Vitaly Petrov and Lucas di Grassi. Full story...

Conquest Racing and driver Alex Tagliani along with the Fondation du Sport Motorisé du Québec (Quebec Motor Sports Foundation) are teaming up to give a young promising driver the experience of a lifetime this week. Full story...

Just before I jumped into the 2009 European-market Ford Fiesta, for my allotted 10-minute drive, I was tooting around Ford Canada's parking lot in a 1926 Ford Model T Touring Car. It was one three Model Ts on hand, to give us scribes a taste of Ford's past, just before we got a taste of its future. Full story...

Today, as part of CBS News' THE EARLY SHOW "Early's Angels" series, Jennifer Frances, the founder of "Bess the Book Bus," was surprised with a customized 2010 Ford Transit Connect, a fuel-efficient vehicle designed especially for small business owners. Full story...

The Virgin logos may soon disappear from the livery of the championship leading Brawn team cars of Jenson Button and Rubens Barrichello. Full story...