The Canadian government said on Monday it has to consider the possibility of a court supervised restructuring for the Canadian arms of GM and Chrysler.
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French banks and automakers that have benefited from government bailouts in the economic crisis will have to scrap stock option grants until at least the end of next year, Prime Minister Francois Fillon said today.
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General Motors is postponing a decision on the fate of its Hummer brand for a "few weeks" as it works to complete a sale.
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Russia's largest dealer of foreign cars, Rolf Group, will stop selling Peugeot vehicles and has stopped a planned merger with Helsinki-based Avelon Group amid a sharp slump in demand, its chief executive said.
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Senior White House officials on Monday said the federal government could help General Motors and Chrysler LLC through quick bankruptcies if the automakers are unable to restructure successfully outside of court.
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Rick Wagoner, late of General Motors, never saw the ax coming. When he arrived at the U.S.
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The Department of Transportation of the National Highway Traffic Safety Administration (NHTSA) establishes CAFE (Corporate Average Fuel Economy) standards since the end of the 1970s. These standards regulate the average fuel consumption of automotive vehicles built in North America as well as the production of CO2 emissions.
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A1GP World Cup of Motorsport has been given FIA approval to hold A1GP Mexico City, Mexico on the weekend of the 22-24 May 2009, thus making this the eighth and final round of Season Four.
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According to Toyota Formula 1 team driver Timo Glock, the 2009 regulations have made it even harder to overtake some cars.
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Tokyo - Fuji Heavy Industries Ltd. (FHI), manufacturer of Subaru automobiles, today announced the unveiling of the all-new Legacy sedan (U.S. specifications) at the New York International Auto Show (press days on April 8 and 9, open to the public from April 10 through 19). The new sedan will be introduced in the U.S. market as the 2010 Legacy.
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According to Toyota Formula 1 team driver Timo Glock, the 2009 regulations have made it even harder to overtake some cars.
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A1GP World Cup of Motorsport has been given FIA approval to hold A1GP Mexico City, Mexico on the weekend of the 22-24 May 2009, thus making this the eighth and final round of Season Four.
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Formula 1 team Brawn GP recorded a one-two finish in Melbourne on Sunday, but it seems the former Honda team could have destroyed rather than simply beaten its competition.
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The new Lancer Sportback is the 5-door variant of the Lancer sedan, and should reach showrooms within the next weeks.
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'Twilight' races such as last Sunday's Grand Prix of Australia are too dangerous for formula one, according to team Williams-Toyota driver Nico Rosberg.
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NASCAR champion Jimmie Johnson testified on Monday in the Helio Castroneves' tax evasion trial, stating that a lawyer who is also charged in the case has a sterling reputation in the motorsports world.
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The mystery is solved. The green car promised by IKEA France is nothing other than a carpooling service for its clients, managed by a dedicated internet site.
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Sebring, Florida--The long-anticipated little brother to the Q7 is finally available, and I was fortunate to attend the Canadian Press introduction in Florida. Here, I was able to spend hours in both the standard Q5 3.2 and the 3.2 Premium. The difference between the two is in how much creature comforts you want. Not need, but want because the standard version is so comfortable I never even thought of moving up to the Premium. Mind you, when I drove the Premium, I never thought of going back to the standard version. After all, if your biggest decision is what color to buy and what type of wheel you want, that makes for a day of anguish!
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Zoom, Zoom is alive and well at your Mazda dealer. The new Mazda 6 proves
that. As a winner in the family car wars (between $22,000 and $30,000) in
the Automobile Journalist's Association of Canada (AJAC) Canadian Car of the
testing, the second generation Mazda 6 is now a finalist in the Canadian Car
of the Year Awards.
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This NASCAR Camping World Truck race was to be held last Saturday but Mother Nature let its rain pour on the Martinsville Speedway all day so NASCAR had to postpone the Kroger 250 Monday afternoon.
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