Asbury Automotive Group and Sonic Automotive Inc. are threatened by mounting debt. Sonic's troubles appear more dire.
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Influential Wisconsin megadealer John Bergstrom will close four of his six Saturn stores by April 15 and#x2014; a sign that even General Motors' biggest and best-connected retailers see little hope for the brand.
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As competent as the Acura TSX is in the corners, it has never been a powerhouse on the straightaways. Relying upon four cylinders instead of six to put a little fire under the hood has unjustly punished this beautifully balanced performer. But a bank of Acura engineers appealed the sentence and the bench has rendered a decision in favour of the fast lane.
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Auto123.com and the WRI2 agency present the gallery of photos showing the historic win of Jenson Button and the new Brawn GP team at the season opener of the Formula 1 World Championship held Sunday in Melbourne, Australia.
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At a press briefing held at the White House today, President Barack Obama announced that his Auto Task Force had completed its evaluation of the viability of Chrysler and GM in light of their requests for federal assistance. The Obama administration also agreed to give Chrysler 30 more days to come up with an alliance plan with Fiat SpA.
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Yamaha's James Stewart won his ninth race of the '09 season, in front of more than 37,000 fans inside Toronto's Rogers Centre, after leading every lap of the final. With four races left of the 17-race title chase, the championship battle is coming down to a straight fight between Stewart and Chad Reed, the Suzuki rider who arrived in Toronto with an 11 point lead in the championship.
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Rick Wagoner is stepping down as chairman and CEO, effective immediately. Wagoner, 56, was named president and CEO of General Motors in 2000, and assumed the role of chairman in 2003.
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Seven-time World Champion Michael Schumacher in Australia questioned the stewards' decision to penalise his countryman, Red Bull Racing driver Sebastian Vettel.
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Rick Wagoner's departure doesn't come as a big surprise and has nothing to do with Guy-Carbonneau syndrome (where the coach is fired instead of the players, as is often the case in professional sports). In this instance, Wagoner had long since paved the way for his exit.
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Volkswagen's compact hatchback will again be known as the Golf as history repeats itself. The nostalgia of re-naming it the Rabbit several years ago has evaporated, so this sixth generation version will carry the 'Golf' nameplate upon its new sheet metal. But don't expect that metal to look dramatically different from that which we've grown to love over the years.
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At least five Formula 1 teams have already turned their attention to copying the Brawn GP diffuser design, according to gossip as the Albert Park paddock packed up ahead of this week's dash to Malaysia.
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Toyota recently unveiled its third generation Prius, which has been completely overhauled for 2010, giving it improved fuel economy and stronger performance. The new sheet metal has been sharpened and reworked slightly while retaining the space-age shape of the Prius that's influenced many other offerings in the compact segment.
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Acura announced it will debut a prototype of the all-new ZDX luxury four-door sport coupe at the New York International Auto Show on April 8. The prototype features striking coupe-like styling with the added benefit of a commanding presence and flexible utility to define a new luxury category.
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Hearts will pound and loss of breath will surely follow as eyes fall upon the new, second generation BMW Z4 Roadster. Its elongated hood and short rear deck emphasize the car's strength in both form and function. The new lines are unmistakably Z4 but in a smoother, less "Bangle'ized" fashion that's sure to broaden the car's appeal.
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Following closely on the heels of the A5, which was introduced as a 2008 model, 2009 brings us a cabriolet version of this beautifully executed touring coupe.
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Auto123.com and the WRI2 agency present the gallery of photos showing the historic win of Jenson Button and the new Brawn GP team at the season opener of the Formula 1 World Championship held Sunday in Melbourne, Australia.
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The groundbreaking, ultra fuel-efficient smart fortwo celebrates its 10th anniversary with the production of ten special anniversary edition fortwos. This small run of collector edition, exclusive units will be built upon the existing, haute fortwo BRABUS edition.
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Lexus has introduced an entry-level 4-door luxury sedan that's about as green as a modern high-production vehicle can be. The HS 250h is a Camry-sized family sedan that is powered by the latest in Toyota/Lexus hybrid technology.
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"Run with Zero CO2," is Mitsubishi's tag line for its hi-tech purely electric vehicle known curiously as the iMiEV. This is a true plug-in vehicle, which Mitsubishi is fleet testing on the roads of Japan.
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Casey Stoner dominated MotoGP's last official pre season test, held on Sunday at Jerez, in Southern Spain. Stoner won the traditional Fast-Lap prize of a new BMW road car for his performance in the morning shoot-out.
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