General Motors' Swedish unit Saab will speed up talks this week with a number of potential suitors, according to a Wall Street Journal story citing a top executive of the company.
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A Toyota Motor Corp. financial services unit has applied for about $2 billion in loans backed by the Japanese government as the financial crisis threatens funding at the world's biggest automaker, media reports from Japan said.
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Toyota Motor Corp. has applied for a loan backed by the Japanese government to help its finance arm cut funding costs as the global crisis tightens access to credit, a company official said today. Toyota, facing an operating loss of $4.
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After-tax profit at Volkswagen Group rose 14 per cent in 2008 to 4.7 billion euros (5.9 billion dollars) before the automotive market turned sour, Europe's biggest carmaker said Monday.
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The new Audi-powered, Williams JPH01 Formula Two car made its first public appearance at Brands Hatch circuit, England.
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Stock-Car Montreal, a subsidiary of International Speedway Corporation (ISC), today announced it has signed a three-year lease with the Parc Jean-Drapeau in Montreal to host major motorsports events on the historic Circuit Gilles-Villeneuve.
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Brazilian Formula 1 driver Rubens Barrichello will continue his Formula 1 career in 2009, racing alongside Jenson Button at the ex-Honda F1 team.
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CHICAGO, March 3, 2009 - Ford further expands its 'smart' features for truck customers with a collection of industry-exclusive technologies for F-Series trucks and commercial E-Series vans that will help make business owners more productive and successful.
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Fiat 500 makes headlines once more, as befits an authentic Made in Italy icon. This time it's an original Fiat 500 show car dedicated to the most famous fashion doll ever: Barbie®. This exceptional vehicle, created by a partnership between the Fiat Centro Stile and Mattel, will be given officially to Barbie® on 9 March next, at her fiftieth birthday celebrations in Milan.
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Volkswagen has announced further details on their latest Polo- a car the German manufacturer says has the most mature and high-end image in its class. Set for launch at this weeks Geneva Motor Show, a press release yesterday highlighted improvements made to safety, fuel economy and performance.
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The new Audi-powered, Williams JPH01 Formula Two car made its first public appearance at Brands Hatch circuit, England.
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The closed-door shakedown of Toro Rosso's new 2009 single seater takes place today (Tuesday), an authoritative Swiss newspaper claims.
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Poor weather hindered Formula 1 testing at Jerez de la Frontera again today, as rain hit the third day of work at the Spanish circuit.
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Not so long ago Bobby Labonte didn't have a job and that is why his improbable fifth-place finish in Sunday's Shelby 427 at Las Vegas Motor Speedway is all the more outstanding.
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The Force India Formula 1 team could have objected to Mercedes-Benz's likely deal to supply engines this year to the beleaguered Honda team, Indian billionaire Vijay Mallya revealed.
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The closed-door shakedown of Toro Rosso's new 2009 single seater takes place today (Tuesday), an authoritative Swiss newspaper claims.
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Poor weather hindered Formula 1 testing at Jerez de la Frontera again today, as rain hit the third day of work at the Spanish circuit.
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Tesla Motors began taking orders yesterday from customers in Canada, and will begin delivering Canadian cars later this year. This is great news for Canada's many car enthusiasts, including scores of Tesla fans who have written passionate e-mails over the years about why Tesla should go north. We listened to you - and we look forward to delivering your cars starting in the fourth quarter of 2009.
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Canada's Environment Minister, Jim Prentice, says that Canada aspires to become part of a stringent North American fuel efficiency standard for the continents highly integrated auto industry.
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Volkswagen has announced further details on their latest Polo- a car the German manufacturer says has the most mature and high-end image in its class. Set for launch at this weeks Geneva Motor Show, a press release yesterday highlighted improvements made to safety, fuel economy and performance.
Full story...