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Jun
26th

Possibile deal with VW gives Suzuki shares a boost

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Shares of Suzuki Motor Corp. raced to a 10-month high after a source said Volkswagen AG is exploring a deal to cooperate with the Japanese automaker to boost its presence in ultra-small cars. Full story...
Jun
26th

Possible VW-Suzuki tie-up gives both a boost

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Possible plans by Volkswagen to cooperate with Suzuki Motor Corp. raised an enthusiastic response among investors on Friday, but traders said the main focus at VW remained firmly on Qatar. Full story...
Jun
26th

Ford likely to pursue further debt restructurings

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Ford Motor Co. is seen likely to pursue additional debt restructurings that may include a debt exchange, or a debt-to-equity swap, as the company burns through cash and takes on new government loans. Full story...
Jun
26th

Ford increasing output as sales steady, Mulally says

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Ford Motor Co. is poised to take advantage of steadier auto sales and increasing U.S. market share by stepping up production, CEO Alan Mulally said Thursday. Mulally also said the automaker would use the $5. Full story...
Jun
26th

Lear readies pre-packaged bankruptcy, Dow reports

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Automotive seating giant Lear Corp. is preparing a pre-packaged bankruptcy five days before it must make a $38 million interest payment on two of its bonds, according to a Dow Jones report. Full story...
Jun
26th

Renault-backed executive quits AvtoVAZ

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Renault has decided to replace a French executive vice president at Russian carmaker AvtoVAZ, in which it owns a 25 percent stake. Full story...
Jun
26th

GM set to announce Mich. small car plant

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General Motors' announcement that it will make its new subcompact car in Orion Township, Mich., is "imminent," U.S. Rep. John Dingell said. Full story...
Jun
26th

GM awards small car production to Michigan plant

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General Motors said today it will make its new small car in Orion Township, Mich., dashing hopes in Spring Hill, Tenn., and Janesville, Wis., that the car would keep one of their factories alive. Full story...
Jun
26th

GM says delay in its bankruptcy exit would kill suppliers

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General Motors needs to exit from bankruptcy quickly in order to avoid a "fatal" blow to many of its suppliers and the loss of thousands of jobs, CEO Fritz Henderson said in a court filing on Thursday. Full story...
Jun
26th

GM to bring small car work to Michigan, report says

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A General Motors assembly plant in suburban Detroit will be awarded the work on GM's coveted subcompact car project, ahead of plants in Tennessee and Wisconsin, according to a wire service report today. Full story...
Jun
26th

NASCAR: Rain forces cancellation of Sprint Cup qualifying session

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Shortly after lunch hour on Friday, rain fell on the New Hampshire Motor Speedway, scene of the NASCAR Sprint Cup and Nationwide series event this weekend. Full story...
Jun
26th

GM To Save 1,400 Jobs With Future Small Car

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DETROIT -- General Motors selected its assembly plant in Orion Township, Mich. and stamping facility in Pontiac, Mich., to build its future small car, which will add to the automaker's growing portfolio of U.S.-built, highly fuel-efficient cars, including the Chevrolet Cruze and Volt. Today's announcement will restore approximately 1,400 jobs in total. Full story...
Jun
26th

F1: Scrap ’empty’ Turkey GP, Flavio Briatore says

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F1's FOTA teams would rather not race in Turkey if the circuit cannot fill its grandstands, Flavio Briatore said on Thursday. Full story...
Jun
26th

Street Legal Golf Cart Sales Skyrocket

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Thousands of people look for golf carts for sale due to changes in law which allow them to be road legal. Street legal golf cart sales skyrocket from increased demand. New and used golf carts are gaining mainstream popularity for quick trips as more and more people go green. Full story...
Jun
26th

F1: Furious Mosley says peace deal in doubt

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With F1's peace deal less than two days old, a resumption of the dispute is now a possibility, furious FIA president Max Mosley wrote in a letter on Thursday. Full story...
Jun
26th

Worldwide sales: will China overtake the U.S.?

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Will China dislodge the United States from its number one spot in terms of vehicle sales in 2009? If the current trend continues, it just might be happen. Full story...
Jun
26th

F1: How FOTA deal will affect F1’s other teams

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With an uneasy peace now declared between the FIA and the eight FOTA teams, attention is turning to the five formula one outfits that sat on the outside of the dispute. Full story...
Jun
26th

2009 Toyota Highlander 2WD First Impressions

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When the new-generation Highlander debuted in 2008, a four-cylinder version was no longer in the catalog. Well times change. It's back. Speaking at a press event designed to showcase Toyota's strategy for these trying times, Stephen Beatty, the company's managing director, noted that new and more four-cylinder models are part of Toyota's grand scheme, and definitely not a knee jerk reaction to the economic climate. Full story...
Jun
26th

Audi TechDay Quality : Precision – fit, finish and workmanship

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Deeply lustrous paint, precise light-refracting edges, uniformly tight body joints - every Audi embodies perfection on the road. The interior is also finely honed and conveys a confident air of quality. A tremendous amount of effort goes into the precision handling of surfaces. Full story...
Jun
26th

WRC : Hirvonen leads Rally Poland after day one

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BP Ford Abu Dhabi Team driver Mikko Hirvonen leads Rally Poland tonight after a dramatic opening day on which championship leader Sebastien Loeb crashed out for the second rally in succession. Full story...
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