Auto News 5

The head of the Canadian Auto Workers union said on Thursday he expects to have a cost savings agreement completed with Chrysler by Friday morning. Full story...

The head of the Canadian Auto Workers union said he expects to have a cost-savings agreement completed with Chrysler LLC today. Full story...

After more than 20 years of relying on Honda Financial Services as a way to provide vehicle financing to its luxury-car buyers, Acura Division finally has its own captive finance arm. Full story...

Honda Motor Co. expects to see some recovery in U.S. auto sales by summer and expects its own inventory levels to normalize by June, the company's CEO said on Thursday. Full story...

Only a few loose ends apparently remain to be tied up for the Canadian Auto Workers union to reach an agreement with Chrysler's executives concerning the reduction of labour costs in the country. Full story...

German driver Nico Rosberg set Friday the fastest time of the two free practice sessions in preparation for the Grand Prix of Bahrein. Full story...

Mont-Tremblant, PQ - Canadians like hatchbacks. The time is right for Mitsubishi for reintroduce the Lancer Sportback, but this time, it's different from the pseudo-wagon model that wasn't quite popular during the Lancer's previous generation. Full story...

Following a crushing performance by Casey Stoner and his Ducati GP9 in Qatar, the big party shifts to Montegi for the second event of this 17-race season. Full story...

Not only do in-car navigation systems help avoid countless frustrations (not to mention long discussions with your significant other), but they also contribute to environmental protection according to a recent study by NavTeq, one of the leading GPS service providers in the world. Full story...

Tokyo (April 24, 2009) - The Renault-Nissan Alliance (the Alliance) have formed a partnership to explore the development of Zero Emission Vehicles program with Environment Bureau of the Government of Hong Kong Special Administrative Region. Full story...

It looks like the various education campaigns and increased police surveillance on the road are helping the province of Quebec post far better road safety stats over the first months of 2009. Full story...

According to Norbert Haug, recent rumours that circulated about Mercedes-Benz's involvement in Formula 1 were pure speculation. Full story...

Mazda Motor Corporation today announced that it has built the first Mazda RX-8 Hydrogen RE vehicle with Norwegian specifications, developed specifically for participation in HyNor, Norway's national hydrogen project. Full story...

Nissan Canada today announced pricing on the all-new 2009 Nissan cube, on sale across Canada for the first time this spring. With an MSRP of $16,998, the base model comes well equipped with standard air conditioning, privacy glass, full power features, vehicle dynamic control system (VDC), anti-lock braking system (ABS), cruise control and remote keyless entry. Full story...

GM's Two-Mode hybrid system may soon require a bigger trophy rack. In addition to positive reviews from media and customers, it's most recently been called the 'Best New Green Technology' by the Automobile Journalist Association of Canada for 2009. Full story...

Alcoa Auto Wheels has been selected by Automobili Lamborghini to supply lightweight wheels for the Murciélago LP 670-4 SuperVeloce (SV). The forged aluminum wheels reduce un-sprung weight and contribute to the SV's 100kg mass reduction over the standard Murciélago. Full story...

Campagna Motors announced today that it is partnering with OptaMotive to compete in the Progressive Insurance Automotive X Prize. With a prize purse of over $10 million, this competitive American race is designed to inspire the development of super fuel-efficient vehicles. The partnership's objective is to build a commercially viable and appealing vehicle capable of getting the equivalent of 2.35 litres per 100 km or less (100 miles per gallon or more) while maintaining the performance of a race car! Full story...

FIA president Max Mosley is tempting major formula one teams to also sign up for a budget cap next year. Full story...

Mitsubishi Motors Sales of Canada announced pricing for the 2009 Lancer Evolution RS. Available at $39,998, this model becomes the most affordable Evo but deprives owners of features that aren't really necessary in a pure performance car. Full story...

The new Mercedes-Benz SLS AMG will celebrate its market launch in spring 2010. Until we can discover this new super-sports vehicle body design, here's a tastes of its interior. Full story...