Formula 1 team Toyota faces an uphill battle to appeal its lost Melbourne podium, but the Japanese team does have a valid case to argue.
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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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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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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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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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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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General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said.
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General Motors CEO Rick Wagoner will resign under pressure from the Obama administration as the government prepares to announce Monday a second bailout for the company and Chrysler LLC.
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General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, according to two people familiar with matter.
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General Motors CEO Rick Wagoner is about to resign from the top job after an eight-year tenure at the struggling automaker, media reports said.
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President Barack Obama said in an interview broadcast today that struggling U.S. automakers had not done enough yet to become "lean, mean and competitive" under federal oversight.
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Christian Streiff, CEO of PSA/Peugeot-Citroen, has been removed from his position, the company announced on Sunday. Streiff will be replaced by Philippe Varin, currently CEO at Corus, a steel company.
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Departing PSA/Peugeot-Citroen CEO Christian Streiff defended his record at the French carmaker after being fired on Sunday by the company's board. Streiff said his policies had allowed the PSA group to be "well equipped to face the crisis."
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U.S. Treasury Secretary Timothy Geithner said today that the government is ready to help Chrysler LLC and General Motors restructure, but he declined to comment in detail on new steps expected to be announced by the White House Monday.
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U.S. Treasury Secretary Timothy Geithner said today that the government is ready to help Chrysler LLC and General Motors restructure, but he declined to comment in detail on new steps expected to be announced by the White House Monday.
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Germany's economy minister said on Sunday that there were a host of investors interested in General Motors' Opel unit, but warned they could not expect Berlin to assume all the financial risks linked to the company.
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General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid.
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The boards of Chrysler LLC and Fiat SpA have given executives approval to complete an alliance deal that hinges on the terms for additional aid for the Detroit automaker, according to people with knowledge of the discussions.
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The boards of Chrysler LLC and Fiat SpA have given executives approval to complete an alliance deal that hinges on the terms for additional aid for the Detroit automaker, according to people with knowledge of the discussions.
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The 2009 championship opener on Sunday lived up to its pre-season hype, with Jenson Button leading an eventful Brawn one-two at Albert Park.
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