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May
6th

Chrysler units in Europe safe for now

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U.S. automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat S.p.A. Full story...
May
6th

GMAC extends suspension of curtailment payments through May

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GMAC Financial Services is extending through May a policy that allows dealers to avoid making certain payments on aging inventory. GMAC had suspended dealers' so-called curtailment payments in April. Full story...
May
6th

GM moves ahead with dealer cuts; NADA rallies to block plan

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General Motors has started to notify 2,600 dealers of plans to eliminate them, and a dealers group is trying to block the effort by getting elected officials to intervene. Full story...
May
6th

Ford gets $159 million Michigan tax credit for plant conversions

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Ford Motor Co. is looking at making a $400 million investment in its Michigan Assembly Plant and a related stamping operation in Wayne, Mich., aided by some $159 million in state tax assistance approved today. Full story...
May
6th

Bondholders take tough stance in GM talks

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A looming General Motors bankruptcy won't deter bondholders from pressing ahead with demands for more favorable treatment in the automaker's restructuring, an adviser for the creditors said. Full story...
May
6th

ArvinMeritor posts loss, sees impact from Chrysler

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Auto parts maker ArvinMeritor Inc. reported a quarterly loss on Tuesday and forecast a bigger loss for the current quarter, saying it will be impacted by Chrysler LLC's plant shutdown during its bankruptcy process. Full story...
May
6th

What is a dealer worth?

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As General Motors and Chrysler move forward with their respective restructuring plans, I have noticed a growing and unsettling wave of anti-dealer rhetoric in the news. Full story...
May
6th

2009 Chevrolet Colorado 4×4 LT Crew Cab Review (video)

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What if, all of a sudden, you really needed a pickup truck? Not a dinosaur-sized, heavy-duty rig like the Dodge Ram or Ford F-150, but a small, practical and much more fuel-efficient truck -- would the Chevy Colorado ever cross your mind? Full story...
May
6th

Ford invests $550 million to transform Michigan Assembly Plant

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WAYNE, Mich., May 6, 2009 - Ford Motor Company said today it is investing $550 million to transform its Michigan Assembly Plant into a lean, green and flexible manufacturing complex that will build Ford's next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market. Full story...
May
6th

F1: Scuderia Ferrari sticks with KERS for ‘B’ version car

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While BMW drops KERS for Spain, Ferrari has confirmed that the controversial energy re-use technology will still feature on the F60 package this weekend in Barcelona. Full story...
May
6th

New Green Technology to Clean Up Oil and Fuel Spills

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Almost everyone who uses gasoline or oil, on land or on sea, has likely spilled some while filling the tank. The clean-up seems to create more problems than the original spill: rags, sand, and ponds of toxic oily soap-water. Let's face it: anyone fueling an engine doesn't want to be bothered with cleaning up a few ounces of oil on the driveway or in the water. It's messy and toxic. Full story...
May
6th

DuPont Statement on Obama Administration Biofuels Interagency Working Group

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"With a view on the biofuels industry that ranges from the advanced agricultural seed we sell through Pioneer Hi-Bred to the new advanced biofuels technologies we are bringing to market including cellulosic ethanol and biobutanol, we find ourselves with a unique perspective on the Obama administration announcement to create a Biofuels Interagency Working Group. Full story...
May
6th

Semcon – Development Partner for Concept Car in Germany

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GOTEBORG, Sweden, May 6 -- A German automotive manufacturer has chosen Semcon as its development partner in a pilot study for a new concept car. The combined order for 2009 amounts to around SEK 50 million and the first phase of the project will run for the duration of the year. Full story...
May
6th

F1: Aguri Suzuki acknowledges hopes for team Super Aguri return

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On Wednesday Aguri Suzuki admitted he is interested in returning to formula one team ownership despite the sour experience he had with his team. Full story...
May
6th

NASCAR: Patrick Carpentier back on track in Darlington

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Canadian Patrick Carpentier will be back behind the wheel of a NASCAR car next weekend as he will drive the Toyota No.7 of SK Motorsports during the Nationwide event the Diamond Hill Playwood 200 in Richmond. Full story...
May
6th

F1: Mercedes-Benz receives ‘inquiries’ about Formula 1 KERS

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While every other team muses the KERS dilemma, it is clear that McLaren-Mercedes is the 2009 champion in the new energy re-use technology. Full story...
May
6th

IRL: Paul Tracy fastest on opening day at Indy

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Paul Tracy (KV Racing) and veteran Scott Sharp (Panther) were allowed to take part in the first day of the Rookie Orientation program and the former Champ Car champion was the quickest of all drivers at the end of the day. Full story...
May
6th

2009 Chevrolet Colorado 4×4 LT Crew Cab Review (video)

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What if, all of a sudden, you really needed a pickup truck? Not a dinosaur-sized, heavy-duty rig like the Dodge Ram or Ford F-150, but a small, practical and much more fuel-efficient truck -- would the Chevy Colorado ever cross your mind? Full story...
May
6th

Azure Dynamics Balance(TM) Hybrid Electric Selected by the City of Toronto

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Azure Dynamics Corporation (TSX: AZD) - ("Azure") or (the "Company"), a leading developer of innovative hybrid green technologies that address environmental and cost issues for operators of commercial vehicle fleets, announced today that five Balance(TM) Hybrid Electric trucks were ordered by the City of Toronto. The five trucks will be put into service in three different city divisions including the Library; the Parks, Forestry and Recreation Division; and Solid Waste Management Services. Full story...
May
6th

Green Road Markings in New Brunswick

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Median lines will be green this year on New Brunswick roads. Full story...
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 van, insurance you can rely on is a must.
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