Amid an estimated 25 percent drop in the global car market in January, Volkswagen's vehicle sales fell by only 15 percent, VW's chief executive told the Financial Times.
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Organizers have cancelled this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis.
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Organizers struggled Thursday to save this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis.
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Earlier today, a British newspaper reported that the Formula 1 team currently known as Honda was in talks with the British government in the hope of qualifying for a loan.
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The performance gods are smiling today. This morning, Porsche announced that they'd be debuting the fastest and most refined 911 GT3 ever at the Geneva Motor Show - which is just over a month away.
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The French parliament has scrapped the senate's earlier approval of a formula one circuit project in the Yvelines area near Paris.
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One of the best-known racing team in the IndyCar series, Rahal Letterman Racing, has announced that it won't participate in the 2009 IRL season.
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The Formula 1 team currently known as Honda is in talks with the British government in the hope of qualifying for a loan.
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Newly formed Richard Petty Motorsports has confirmed that AJ Allmendinger will drive the No.44 Dodge for the upcoming 2009 Sprint Cup series season with the team retaining an option for next year.
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The 2009 FX50 replaces last year's FX45 while pushing power and technology to the extreme in Infiniti's flagship, all-wheel-drive (AWD) crossover SUV. This vehicle's wickedly expressive styling embodies comfort and luxury that takes a back seat to no other manufacturer of these highly popular, genuinely functional sleds.
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The French parliament has scrapped the senate's earlier approval of a formula one circuit project in the Yvelines area near Paris.
Full story...
The Formula 1 team currently known as Honda is in talks with the British government in the hope of qualifying for a loan.
Full story...
No longer a team owner, the four-time Formula 1 world champion Alain Prost admits he is happy to now be a formula one spectator.
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If we believed everything the carmakers told us, it'd be hard to determine whether BMW, Audi or Mercedes-Benz in fact had the 'best' central command interface on the market. All three automakers claim superiority, and all three have recently updated their systems to varying degrees.
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Newly formed Richard Petty Motorsports has confirmed that AJ Allmendinger will drive the No.44 Dodge for the upcoming 2009 Sprint Cup series season with the team retaining an option for next year.
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Videos of Speedcar Series events are now available on the web. Specially created and edited packages of exclusive footage can be found on a dedicated YouTube channel after each race.
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One of the best-known racing team in the IndyCar series, Rahal Letterman Racing, has announced that it won't participate in the 2009 IRL season.
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The Scuderia Ferrari, albeit a fierce critic of the new energy re-use technology, worked on an innovative solution for its 2009 KERS system.
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Ford Motor Credit will cut 20 percent of its U.S. work force as auto sales plunge and the company provides financing for fewer brands.
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Organizers have cancelled this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis.
Full story...