Auto News 5

General Motors said it had reached a preliminary deal to sell its Hummer brand, part of its effort to shed half of its eight U.S. lines and leave bankruptcy court protection as a leaner company. Full story...

U.S. Bankruptcy Judge Robert Gerber late Monday approved interim bankruptcy financing of $15 billion until the court can act on a GM request for total debtor-in-possession financing of $33.3 billion. Of the $33.3 billion, the U.S. Full story...

The Chinese manufacturer planning to buy General Motors' Hummer will expand the brand's lineup -- including alternative powertrains -- and retain its U.S. dealers, Hummer CEO Jim Taylor said today. Full story...

The Chinese manufacturer planning to buy General Motors' Hummer will expand the brand's lineup -- including alternative powertrains -- and retain its U.S. dealers, Hummer CEO Jim Taylor said today. Full story...

Having owned two VW Westfalias in years past, I have an idiosyncratic fondness for vans bearing a "VW" badge. These quirky, questionably reliable examples of rolling berths remain tremendously popular today with freedom seekers travelling on shoestring budgets. But that's not the lucrative market that Volkswagen intends to target with its latest van. Full story...

The BMW-Sauber Formula 1 team is not considering scrapping development of its 2009 car, technical director Willy Rampf insists. Full story...

In the Northeastern Ohio town of Hudson, a Little Tikes(R) Cozy Coupe(R) is manufactured every minute of every day, 50 weeks a year. In 2008, Cozy Coupe(R) outsold every other car in America, topping the Toyota Camry and the Honda Accord with over 457,000 units sold and in the 1990s it outsold the Honda Accord and the Ford Taurus. Full story...

Results from extensive research conducted by Insure.com, Inc. reveal the most and least expensive cars to insure. Full story...

Briton Max Mosley insists his decision about whether to contest another FIA presidency election will not be affected by the current battle with formula one teams. Full story...

ITS AMERICA -- Aldis, Inc., a leader in next-generation traffic management systems, announced today the addition of Electromega Ltd. to the Aldis strategic sales channel serving all Canadian provinces with a more efficient and cost-effective intersection video traffic management solution. Full story...

No one was surprised when the media around the world unanimously reported GM's confirmed decision to file for Chapter 11 bankruptcy protection under United States law. Full story...

After a successful trial period, the New Brunswick government has decided to use once again warm-mix asphalt technology for five new road construction projects in the province. Full story...

Volvo Cars of North America, LLC (VCNA) today announced it will offer a unique Safe + Sound Coverage Plan on all 2009 models. This complimentary coverage program offers tremendous value to buyers by wrapping a comprehensive list of benefits into one package. Volvo has combined additional time and mileage limits on: Warranty repairs and roadside assistance coverage along with enhancing wear item coverage and extending factory scheduled maintenance coverage. Full story...

Munich. The style has changed, but not the content: "Many German motorists see motoring not just as a comfortable and fast means of transport, but also as a sporting activity. These are people who, once they see an aerodynamic car body with a long and sleek engine compartment, as well as a speedometer extending all the way to 150 km/h, feel that strong yearning for wide open roads simply perfect for driving fast, for Alpine passes just begging to be conquered, and for ompetitors so easy to overtake." Full story...

ZENN Motor Company Inc. ("ZMC" or "the Company"), a leading developer of zero emission transportation solutions and technologies, is pleased to announce that it has completed its due diligence on EEStor, Inc.'s ("EEStor") stated permittivity results of the manufacturinggrade chemicals to be used in EEStor's Electrical Energy Storage Units (EESU). Full story...

International giant Magna finally got its hands on an automaker. After the failed negotiations to buy back Chrysler, Magna is getting a European car manufacturer. Full story...

After substituting for injured Vitor Meira at the Milwaukee Mile event for AJ Foyt Racing, Paul Tracy will not continued with the team, both parties having decided to call it quits. Full story...

Stock-Car Montréal, promoter of the NAPA Auto Parts 200 presented by Dodge, initiated major track resurfacing work this week on crucial portions of Circuit Gilles Villeneuve for the upcoming August 29-30 NASCAR race. Full story...

HERNDON, Va., Jun 2, 2009 - Audi and Best Buddies International, a non-profit organization that provides opportunities for one-to-one friendship and integrated employment to people with intellectual disabilities, this weekend joined forces with star quarterback Tom Brady and celebrities for the annual Audi Best Buddies Challenge: Hyannis Port charity bicycle tour and fundraising events. Full story...

Unsurprisingly, the promise of a new economic upswing still hasn't had any effect on car sales. In Canada, the overall numbers were down 16.5 percent in May. Yet, not all manufacturers are posting negative stats. Full story...