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Officials from the German government and General Motors Co. failed to agree Wednesday on a buyer for GM's Opel unit. Full story...

Continental AG's CEO accused controlling shareholder Schaeffler Group of blocking attempts to merge the two companies, Germany's manager magazin reported on Wednesday. Full story...

Workers from collapsed French car parts maker New Fabris came out of a meeting with officials on Wednesday saying they may resume a threat to blow up their plant to back demands for bigger redundancy payouts. Full story...

Russian carmaker AvtoVAZ has decided to halt production for a month, sending employees on vacation on two-thirds of average pay, a company spokesman told Reuters on Wednesday. Full story...

Chrysler Group could again face the prospect of liquidation if legislation aimed at reversing its decision to terminate contracts with 789 dealers becomes law, a company executive said on Wednesday. Full story...

Workers from collapsed French car parts maker New Fabris came out of a meeting with officials on Wednesday saying they may resume a threat to blow up their plant to back demands for bigger redundancy payouts. Full story...

Officials from the German government and General Motors Co. failed to agree Wednesday on a buyer for GM's Opel unit. Full story...

Chrysler Group could again face the prospect of liquidation if legislation aimed at reversing its decision to terminate contracts with 789 dealers becomes law, a company executive said on Wednesday. Full story...

For model year 2010 the smart fortwo cdi has been given a clear power boost, yet it remains just as economical and environmentally friendly as before. In future the state-of-the-art three-cylinder diesel engine will produce 21 percent more power and deliver approximately 18 percent more maximum torque. Although this extra power makes the popular two-seater car noticeably livelier, it does not affect its exemplary fuel consumption. Full story...

Auto123.com met with Steve Hallam, an engineer and manager for the past 27 years in Formula 1 who has recently become Vice-President of Michael Waltrip Racing. Here's a fascinating interview about the main differences between NASCAR and Formula 1. Full story...

Canadian government officials are on the verge of making an offer to Bernie Ecclestone with a view to reinstating Montreal's formula one race in 2010. Full story...

Subaru Canada, Inc. (SCI) today announced pricing for the all-new 2010 Outback. The fourth generation of the Outback is roomier and more capable - moving this versatile vehicle outside the scope of easy categorization just as the first Outback did 15 years ago. Full story...

Retired four-time world champion Alain Prost says he would consider playing a role if his countryman Jean Todt becomes the next FIA president. Full story...

Nissan Motor Co., Ltd. today announced that the "NISSAN GLOBAL HEADQUARTERS GALLERY" will open its doors on August 8th. The Gallery will be central feature of the new Global Headquarters located in Yokohama, Kanagawa Prefecture, welcoming visitors and customers to share in the Nissan experience. Full story...

Retired four-time world champion Alain Prost says he would consider playing a role if his countryman Jean Todt becomes the next FIA president. Full story...

Formula 1's long-life engine rules will remain the same in 2010, despite moves to further intensify the cost savings. Full story...

German Grand Prix winner, Australian Mark Webber has signed to remain with the Red Bull Racing team in 2010. Full story...

The first rumours about possible drivers for the new British formula one team Manor have now hit the sport's media. Full story...

In synch with the changing priorities of luxury consumers, Cadillac has expanded its model line-up with the all- new 2010 SRX luxury crossover, which is scheduled to begin arriving at Cadillac dealers in August is priced aggressively, starting at $41,575. Full story...

St. John's, Newfoundland - For a small automaker, overhauling an entire model lineup is no small endeavor. Quite frankly, it's not always something you wish for. The tricky part is that the evolution must be significant and visible enough to attract new buyers while preserving the original character that helped develop a loyal customer base over the years. Full story...