Auto News 5

The next few days could change the way things are. Two major events - a Grand Prix and the U.S. elections - could mark a new beginning. Read more ...

Oakville, Ontario - There was a time when the color black played a major role at Ford. However, from what I've seen on a recent tour of the company's Oakville Assembly Plant, green is becoming the prominent color nowadays. Yes, Ford is ramping up its Eco-friendly Fumes-to-Fuel program and will soon be turning emissions into "green energy". Read more ...

Honda's restyled their Element to bring its looks in line with the new fascia found on their heavier duty machinery like the Ridgeline and Pilot. The exterior should keep fans of the flexible and adventurous model happy- as it's still instantly recognizable as an Element from any angle. However, the application of a more athletic grille, chunkier bumpers, blocky fenders and revised head and taillights give it a more confident and capable look. Read more ...

The next few days could change the way things are. Two major events - a Grand Prix and the U.S. elections - could mark a new beginning. Read more ...

Oakville, Ontario - There was a time when the color black played a major role at Ford. However, from what I've seen on a recent tour of the company's Oakville Assembly Plant, green is becoming the prominent color nowadays. Yes, Ford is ramping up its Eco-friendly Fumes-to-Fuel program and will soon be turning emissions into "green energy". Read more ...

The hybrid versions of the Ford Fusion and Mercury Milan sedans that start production in December should give drivers who like electric cars a nice jolt. Read more ...

The hybrid versions of the Ford Fusion and Mercury Milan sedans that start production in December should give drivers who like electric cars a nice jolt. Read more ...

Larry McClure, co-owner of the Morgan-McClure team that did so well in NASCAR in the 1990s, has been indicted on charges relating to money laundering, wire fraud, mail fraud, filing false income tax returns, and obstructing a tax investigation. Read more ...

Michigan dealer Joe Serra says he has withdrawn his offer for one of the two Bill Heard Enterprises Inc. stores that he had bid for Friday, Oct. 24. Read more ...

Ford Motor Co. expects to apply for low-cost government loans by year endand receive the money in 2009, CEO Alan Mulally says. Read more ...

The U.S. Federal Reserve cut a key interest rate by a hefty half-percentage point today to prevent a widening credit crisis from tipping the United States into a deep and prolonged recession. Read more ...

General Motors' new global small sedan, which will be sold as the Chevrolet Cruze in the United States, went on sale here today. In Korea, the car is called the Daewoo Lacetti. Its 1. Read more ...

General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...

General Motors and Cerberus Capital Management LP have resolved the major issues in a proposed GM-Chrysler merger but the final form of any deal will depend on the financing and government support available, sources familiar with the talks said... Read more ...

Ford Motor Co. said today that Louise Goeser is retiring as CEO of Ford of Mexico and will be replaced by company veteran Eduardo Serrano, currently the unit's COO. Goeser, 55, joined Ford in 1999 as vice president of quality. Read more ...

Toyota has started selling cheaper versions of the Corolla Axio sedan and Fielder station wagon with less standard equipment. Read more ...

GM Daewoo Auto & Technology, the GM South Korean unit that makes most of the Chevrolet brand cars sold outside North America, is on course to meet its 2008 domestic sales target, its vice president said on Wednesday. Read more ...

BorgWarner on Wednesday said international sales offset steep declines in US revenue due to declining economic conditions there as it reported third quarter results and adjusted its outlook to reflect deteriorating global economic conditions and automotive production declines in Europe. Read more ...

U.S. auto parts supplier BorgWarner Inc. said today it posted a quarterly loss and said it expected the credit crisis and slower global growth to hurt its results through 2009. Read more ...

Falling sales at home and rising fuel costs have hit the South Korean automaker Ssangyong Motor Corp, which today reported a loss for its third quarter. Read more ...