The 909 Bergspyder--which was built in small numbers in 1968, mainly for hillclimbs--is the lightest Porsche race car of all time.
Full story...
Porsche has always raced in a unique way.
Full story...
It’s the news that General Motors and Chrysler have been desperate to hear – the US government has finally agreed to loan to help them stay afloat.
Full story...
The latest speed demon from Ford Racing, the Cobra Jet Mustang, is a lock to be a collectors item--but at least four of them are sure to light up their tires and make it down the strip.
Full story...
Further crystallizing the severity of the global economic downturn, Toyota is forecasting its first annual operating loss as a sales slump and rise in the yen eat into the automakers usually flush finances, according to a Reuters report.
Full story...
Clutch producer ZF SachsSlovakia, in Trnava, plans to lay off 70 of its 1,350 employees,mainly production workers, from February, according to a local job centre spokeswoman.
Full story...
As pressures increase to thin the number of auto dealerships, a few Detroit area Ford dealers took matters into their own hands. The decision to stop selling new Ford vehicles at Al Long Ford Inc. in Warren, Mich.
Full story...
The Nizhny Novgorod government will meet with bankers on Wednesday and Thursday to discuss lending to struggling automaker GAZ Group, the region's governor Valery Shantsev has said.
Full story...
Porsche's essence may have come about when company patriarch Ferdinand Porsche began tinkering with cars. In 1900, he built what may have been the first hybrid, with a combustion engine under the hood and electric motors on the front wheel hubs.
Full story...
Maserati is unveiling a higher-performance version of the Quattroporte at the Detroit auto show--the Sport GT S.
Full story...
Audi will unveil a concept for its new A7 at the Detroit auto show in January.
Full story...
Bridgestone has cut its full-year net profit forecast by 81.8%, with the Japanese tyre company also slashing its sales forecast by 5%.
Full story...
General Motors' Australian unit Holden will build new small car in Australia alongside the Commodore from the third quarter of 2010 with support from the federal and South Australian governments.
Full story...
General Motors UK unit Vauxhall is reported to be in talks with unions over further cost-cutting measures.
Full story...
Volkswagen will begin producing its Touareg full-size SUV in Russia in January 2009, a company press release has announced.
Full story...
Proton-owned Lotus Group has disclosed a profit of GBP2m for the year to the end of March 2008 compared with a loss the previous year of GBP7m.
Full story...
Land Rover has announced that it will cancel a global adventure competition to focus its marketing budget on new product launches in 2009.
Full story...
Two leading U.S. auto suppliers underscored last week the scope of the auto industry's problems when one said it would cut thousands of jobs and another withdrew its financial forecast for 2008. Federal-Mogul Corp.
Full story...
General Motors' equity may be largely if not entirely wiped out as it complies with the restructuring targets laid out in the U.S. auto bailout, an analyst at Credit Suisse said. "Over the next two months ...
Full story...
India's Tata Motors has agreed to inject "tens of millions" of pounds into Jaguar Land Rover to prevent an immediate cash flow crisis, the Financial Times reported on Monday.
Full story...