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Jun
17th

Qatar nears decision on Porsche stake, PM says

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Qatar expects to reveal the outcome of talks on buying a stake in ailing German sportscar maker Porsche SE in two to three weeks, the country's prime minister said, according to media reports. "We are still discussing the stake. Full story...
Jun
17th

BMW X1 scooped

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X3's baby bother slips off its disguise and heads out onto the road.


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Jun
17th

Piech concerned over Qater stake in Porsche, report says

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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported. Full story...
Jun
17th

Piech concerned over Qatar stake in Porsche, report says

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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported. Full story...
Jun
17th

Piech concerned over Porsche stake sale to Qatar, report says

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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported. Full story...
Jun
17th

Piech concerned over Qatar stake in Porsche, report says

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Ferdinand Piech, a co-owner of Porsche, is resisting a quick decision to let the Gulf state of Qatar take a minority stake in the German automotive group, the Financial Times Deutschland reported. Full story...
Jun
17th

Lexus LF-A opens up

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Latest spyshots show new interior for Lexus long awaited hypercar, the LF-A.


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Jun
17th

Ghosn predicts 2011 recovery for Europe car market

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The European automobile sector is unlikely to see a recovery before 2011, the head of French carmaker Renault said in a newspaper interview published on Wednesday. "I don't see it in Europe before 2011. Full story...
Jun
17th

Ghosn predicts U.S. sales will begin recovery this year

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U.S. auto sales should begin to recover by the end of 2009, the head of French carmaker Renault said in a newspaper interview published today. Full story...
Jun
17th

Ghosn predicts 2011 recovery for Europe

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The European automobile sector is unlikely to see a recovery before 2011, the head of French carmaker Renault said in a newspaper interview published on Wednesday. "I don't see it in Europe before 2011. Full story...
Jun
17th

German minister says Opel insolvency remains a possibilty

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

German minister: Opel remains insolvency risk

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

New auto company planned for former GM plant in Louisiana

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A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana. V-Vehicle Co. Full story...
Jun
17th

Magna wants ‘firewall’ between parts, automaking, co-CEO says

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Magna International is addressing several issues in completing the acquisition of General Motors' Opel brand including a clear barrier between the parts and car companies, Magna co-CEO Donald Walker said on Tuesday. Full story...
Jun
17th

Louisiana expected to announce auto venture today

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A startup company plans to open an auto assembly operation in an abandoned Guide Corp. plant in northern Louisiana, local news reports say. Full story...
Jun
17th

Metaldyne selling powertrain assets to equity firm

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Metaldyne Corp. has agreed to sell parts of its powertrain business and many of its foreign subsidiaries to private equity firm RHJ International, the supplier said today. Full story...
Jun
17th

German minister: Opel remains insolvency risk

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Opel could still face insolvency despite a preliminary deal the German government struck to rescue General Motors' European unit, German Economy Minister Karl-Theodor zu Guttenberg said on Tuesday. Full story...
Jun
17th

New auto company planned for Louisiana

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A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana. V-Vehicle Co. Full story...
Jun
17th

F1: Jarno Trulli does not want to retire

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As David Coulthard retired and Rubens Barrichello's future looked shaky over the winter off-season, Jarno Trulli nearly sped onto the front row as one of the oldest drivers in formula one. Full story...
Jun
17th

F1: Team association offers compromise to end Formula 1 crisis

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It emerged on Wednesday that Formula 1's rebel FOTA teams have moved to end the standoff with the FIA by devising a final offer of compromise. Full story...
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