The Florida Automobile Dealers Association is going on the offensive to help dealers protect themselves should they, General Motors or Chrysler LLC enter bankruptcy. Other topics will help dealers manage their stores in a recession.
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Supplier Johnson Controls Inc. has sold $852.5 million in equity units and convertible notes, the company said in a statement on Monday.
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Advisers to bondholders of General Motors said on Monday they have presented a framework plan to U.S. President Barack Obama's autos task force and the ailing automaker that provides the company's best chance for an out-of-court restructuring.
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Auto parts supplier Noble International Ltd. said on Monday it is seeking short-term funding from the Detroit 3 automakers, and without the help it is unlikely it will be able to maintain operations to March 23.
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Road tests often hold a few surprises. For instance, I would have never imagined that I could have as much fun driving a 2009 Chevrolet Malibu 2LT, the ideal representative's sedan. During a 1,200-km road trip in some of the worst conditions you will ever see, I discovered a major difference between this midsize car and its green counterpart, the Malibu Hybrid.
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Suzuki rider Mat Mladin won his seventh career Superbike race at Daytona International Speedway Thursday where he led 10 of 15 laps after starting from the pole. Mladin's win was his second Superbike victory in a row at Daytona and his fifth there in the last six years.
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Pedro de la Rosa has told members of the Spanish press that he will leave formula one at the end of 2009 if he does not return to a race cockpit.
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F1 supremo Bernie Ecclestone has downplayed the effect on his business of the global recession, but not all figures are as calm, according to a report in the Financial Times.
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American driver Ryan Hunter-Reay will be back in an IndyCar this week with confirmation that he is due to run with HVM Racing at this week's Barber Motorsports Park group test.
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As per NASCAR rules, following Sunday's fifth round of the Sprint Cup, the current owner standing will dictate which drivers are automatically on the grid for the following race regardless of their qualifying speed.
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Team Graves Yamaha lead rider Ben Bostrom won his first 200, and at the same time became the first ever rider to win a race of the new AMA Daytona SportBike era during the 68th edition of the Daytona 200 at the Daytona International Speedway.
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There were no important NASCAR races last weekend so that gave a little break to the Sprint Cup teams after only four races in the season.
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With a record-breaking Superpole, two race wins and a new race lap record, World Superbike Yamaha's Ben Spies enjoyed a flawless weekend at the Losail circuit, making it three victories in four races.
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MISSISSAUGA, ON, - In a period of economic uncertainty KIA Canada made the bold move to launch an all new vehicle return program called the KIA Integrity Advantage. The Program utilizes key components pioneered by the leader in vehicle return products, WALKAWAY Canada Incorporated, and is underwritten by Echelon General Insurance Company, a service leader in the insurance industry.
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On April 9, 2009, Porsche and East Side House Settlement (ESH), a leading social services agency that serves young people and families in the South Bronx, will host the 10th Annual Gala Preview of the New York International Auto Show at the Jacob K. Javits Center. Making its North America debut, a 2010 Porsche 911 GT3 will be auctioned at the event to support ESH college preparation programs and a state-of-the-art computer technology center for the residents of Mott Haven in the South Bronx.
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During the Annual General Ferrari Stockholders Meeting, Chairman Luca di Montezemolo announced Jean Todt's decision to resign his membership of the Ferrari Board of Directors and from all of the other positions he holds in the Company.
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Guy Giroux is 10-time Quebec and three-time Canadian Enduro Champion. He is the official BMW Canada rider for 2009, aboard a G450X, and as a member of Team Moto123.com will keep us informed on his racing throughout the season.
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Brawn GP driver Jenson Button today beat the best lap time of the week set by Fernando Alonso at the wheel of the Renault.
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The AMA 450 Supercross 20 lap main event was presented in Daytona last Saturday and Suzuki rider Chad Reed did an outstanding job by winning the race and taking over the points lead.
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With veteran Japanese driver Takuma Sato's Formula 1 career likely over, his manager has taken a parting shot at Red Bull.
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