A top adviser to President Barack Obama today left open the possibility that bankruptcy could be the method by which an automaker restructures in order to be eligible for federal aid.
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Frenchman Sebastien Loeb held his nerve through the final stage this afternoon to take a sensational debut victory for the Citroen Total team on Rally Norway.
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Nico Hulkenberg and Sergio Perez clinched night-victory this week-end in Qatar.
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Infiniti's FX line of crossovers exhibit eye-catching styling, which I would argue eclipses that of all other SUVs and crossovers when it comes to visual drama. The 'superhero' image portrayed by this vehicle is distinctive, edgy and to some, over the top. To others, the 'cheetah' inspiration has been beautifully captured in the FX's bionic lines.
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If it had not been for Tony Stewart's win (Chevy No 80), the first race of the NASCAR Nationwide 2009 season could very well had been a carryover from last year's season.
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Nico Hulkenberg and Sergio Perez clinched night-victory this week-end in Qatar.
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If it had not been for Tony Stewart's win (Chevy No 80), the first race of the NASCAR Nationwide 2009 season could very well had been a carryover from last year's season.
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The NASCAR governing body has decided to modify the rules regarding restarts during a race in the Sprint Cup, Nationwide and Camping World Truck series ahead of the 2009 season.
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Frenchman Sebastien Loeb held his nerve through the final stage this afternoon to take a sensational debut victory for the Citroen Total team on Rally Norway.
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Volkswagen CEO Martin Winterkorn criticized a French government auto sector rescue plan on as protectionist.
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U.S. auto suppliers have asked for $18.5 billion in government aid to see them through the industry downturn.
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General Motors, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said.
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Talks between the UAW and General Motors aimed at cutting costs and debt at the struggling automaker have broken down over union concerns about retiree healthcare, a person briefed on the talks said on Saturday.
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General Motors, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said in its Saturday edition.
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Italian premium brake-maker Brembo will lay off up to 1,840 workers as the auto sector downturn hits, pushing its fourth quarter to a net loss.
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Veteran International Motor Sports Association (IMSA) official Terry Dale of Ottawa, Ontario, has been named race director for the 2009 Atlantic Championship, series officials announced.
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The outfit currently known as Honda is facing a 10-day countdown to survival, amid rumours Bernie Ecclestone may be willing to invest in the Brackley based squad.
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Veteran driver Todd Bodine (Tundra No 30) hold off Kyle Busch to win the first NASCAR race of the week-end Friday, at the Daytona International Speedway.
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Veteran International Motor Sports Association (IMSA) official Terry Dale of Ottawa, Ontario, has been named race director for the 2009 Atlantic Championship, series officials announced.
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The outfit currently known as Honda is facing a 10-day countdown to survival, amid rumours Bernie Ecclestone may be willing to invest in the Brackley based squad.
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