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Mar
31st

Visteon gets bank waiver after auditor warning

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Visteon Corp. said on Tuesday that lenders had granted the auto parts maker temporary waivers on credit facilities after auditors, as expected, raised significant doubt about its ability to continue as a business. Visteon, spun off by Ford Motor Co. Full story...
Mar
31st

Honda to cut North American production, worker pay

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Honda Motor Co. said on Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and said it would cut pay for salaried and factory workers. Full story...
Mar
31st

Sonic Automotive posts loss, receives ‘going concern’ warning

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Sonic Automotive Inc. posted a fourth-quarter loss and said auditors raised doubts about the dealership group's ability to continue as a going concern. Full story...
Mar
31st

Sonic retail group gets ‘going concern’ warning

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Sonic Automotive Inc. said today that auditors have raised doubts about the dealership group's ability to continue as a going concern. Full story...
Mar
31st

Noble transfers contracts to other auto suppliers

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Supplier Noble International Ltd., which has been kept on life support by its customers for the last month, is having its contracts with General Motors, Chrysler LLC and Ford Motor Co. transferred to other auto suppliers. Full story...
Mar
31st

Extreme class: Mercedes-Benz unveils 2010 E63 AMG:

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Mercedes-Benz's AMG performance division chief, Volker Mornhinweg, offers this procedure for those who want to get the most out of the all-new 2010 E63 AMG: Full story...
Mar
31st

Cash for clunkers: Is it ready for prime time in America?:

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One proposed solution to prop up new-car sales in the United States involves paying bonuses to owners of older vehicles who send their cars to the scrapyard and buy new ones. Full story...
Mar
31st

U.S. auto sales tally may weaken again in March, extending slump

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U.S. auto sales totals for March may be weaker than those in the first two months of the year, falling below a 9 million-unit annual rate. The Detroit 3 will report declines tomorrow of more than 40 percent, analysts say. Full story...
Mar
31st

U.S. auto sales tally may weaken again in March

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U.S. auto sales totals for March may be weaker than those in the first two months of the year, falling below a 9 million-unit annual rate. The Detroit 3 will report declines tomorrow of more than 40 percent, analysts say. Full story...
Mar
31st

Henderson says GM will meet Obama mandate, even if it means bankruptcy

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General Motors CEO Fritz Henderson said today that he is ready to meet the Obama administration's mandate to restructure the company -- even if it means going into bankruptcy. Full story...
Mar
31st

Henderson says GM will meet deadline — even if it means bankruptcy

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General Motors CEO Fritz Henderson said today that he is ready to meet the Obama administration's mandate to restructure the company -- even if it means going into bankruptcy. Full story...
Mar
31st

Henderson says GM will meet mandate, even if it means Ch. 11

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General Motors CEO Fritz Henderson said today that he is ready to meet the Obama administration's mandate to restructure the company -- even if it means going into bankruptcy. Full story...
Mar
31st

Chrysler Financial to cut 2 percent of workforce

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Chrysler LLC's financial arm said today that it plans to cut 2 percent of its workforce or 70 employees. Full story...
Mar
31st

Chrysler Financial to cut 2 percent of work force

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Chrysler LLC's financial arm said today that it plans to cut 2 percent of its work force or 70 employees. Full story...
Mar
31st

Hennessey fills Z28 Camaro void with 562-hp HPE550:

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The 6.2-liter V8 in the 2010 Chevrolet Camaro SS cranks out 426 hp or 400 hp, depending on the transmission choice. Full story...
Mar
31st

Review: 2009 Honda Civic Hybrid

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Review: 2009 Honda Civic Hybrid
2009 Honda Civic Hybrid - Fuel Efficient Cars, Hybrids and Reviews - Automobile Magazine
With the 2010 Insight offering a similar hybrid system in a similar package, is there still room for the 2009 Honda Civic Hybrid in the world?

2008 was pretty good for the Honda Civic Hybrid. As the original Insight was but a distant memory and the Accord Hybrid faded into obscurity, the Civic was the lone hybrid in Honda's portfolio.


Photo Gallery: 2009 Honda Civic Hybrid - Fuel Efficient Cars, Hybrids and Reviews - Automobile Magazine


Full story...
Mar
31st

French auto supplier Farinia to get state aid

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The French state has agreed to invest 20 million euros in an equity stake in French metals group Farinia. It is part of the country's bid to help domestic companies weather the financial crisis. Full story...
Mar
31st

The AutoWeek List: 10 cars with too many limited editions :

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There’s nothing like a limited edition to strike up interest for a car. Many are nothing more than a new paint job, interior trim and an engraved plaque, while others are a bit slicker with performance modifications. Full story...
Mar
31st

Aston Martin seeks fresh capital, eyes new investors

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Aston Martin is in talks with investors to raise its capital as it looks to finance growth and shield itself from the global economic downturn, but the automaker does not expect its Kuwaiti investor to sell its stake, the CEO said. Full story...
Mar
31st

US: Dana meets NYSE rules

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The New York Stock Exchange has accepted Dana Holding's plan for continued listing on the exchange. Full story...
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