You have to be a real car enthusiast to appreciate all the beauty of the 2008 Volkswagen GTI - the Mr. Hyde to the little Rabbit's Dr. Jekyll. But while their looks are similar, the former boasts exceptional driving dynamics.
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The Force India Formula 1 team announced on Friday it has terminated its engine supply contract with Ferrari.
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Observers will get a "tremendous shock" when the first 2009-specification formula one cars are unveiled, according to a figure close to the development of Renault's next single seater.
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Formula 1 team bosses of the FOTA - the alliance of the ten F1 teams - have been meeting this week for more discussions about future rules.
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Rep. John Dingell, D-Mich., the Detroit 3's chief ally in Congress, went on the offensive today to keep his job as chairman of the powerful House committee that handles much industry-related legislation.
DETROIT -- Ford Motor Co. will shut down its Hermosillo, Mexico, assembly plant for the month of January after the automaker starts building the restyled mid-sized sedans made there, said supplier sources with knowledge of the plan.
Chrysler LLC will offer buyouts next week to more than 2,400 workers at an Illinois assembly plant as the money-losing automaker boosts efforts to trim its work force.
The steep decline in new-car sales in western Europe could be even worse than a slump in the early 1990s, a market forecaster says. J.D. Power Automotive Forecasting said western European new-car sales fell by 15.
SHANGHAI -- Another Chinese automaker says it wants an assembly plant in Mexico.
Five offers are on the table and three or four more are expected any day. But hopes of selling the rest of Bill Heard Enterprises Inc.'s 14 bankrupt Chevrolet dealerships are growing dim.
The top officials of the Detroit 3 and UAW were expected today to make a two-part pitch to House Speaker Nancy Pelosi and other lawmakers for emergency aid to the industry, a source familiar with the plan told Automotive News today.
The U.S. automobile industry's requests for federal assistance now exceed $50 billion. The CEOs of General Motors, Ford Motor Co. and Chrysler LLC met behind closed doors today with Congressional leaders to make personal appeals.
The U.S. automobile industry's requests for federal assistance now exceed $50 billion. The CEOs of General Motors, Ford Motor Co. and Chrysler LLC met behind closed doors today with Congressional leaders to make personal appeals.
A judge today reaffirmed his August ruling on a fraud claim in Delphi Corp.'s lawsuit against hedge fund Appaloosa Management LP for backing out of a deal to fund Delphi's bankruptcy exit. In October, U.S.
Data released by the China Association of Automobile Manufacturer shows that passenger car sales grew in October, reversing the declining of trend of recent months.
Fiat Group Automobiles and Russian carmaker OJSC-Sollers plan to build Fiat small- and lower-medium cars in Russia.
The U.S. auto industry is in need of an urgent federal aid package despite signs that the plunge in auto sales demand hit bottom last month, AutoNation CEO Mike Jackson said today. Jackson, who runs the largest publicly traded U.S.
Dana Holding Corporation on Thursday said it would close up to 10 more plants in 2009 and 2010 and axe an additional 2,000 jobs this year after turning in a miserable set of third quarter results, though it was in the black for the nine-month period.
Citroën has announced first details of mid-life revisions to its C1 city car.
BBDO Detroit is eliminating 145 jobs today because its key client, Chrysler LLC, needs its services less, the advertising agency said. The job cuts leave 509 people working at BBDO Detroit, said Roy Elvove, a spokesman for BBDO North America.
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