Fiat, the Italian carmaker that now controls Chrysler group, is forecast to have returned to profit in the second quarter when car sales benefited from tax breaks.
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Once a bright spot for European automakers, markets in central and eastern Europe are getting hit hard by the economic downturn. New-car sales in the 10-market new EU were down 25.3 percent to 79,670 in June and slipped 27.
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Renault expects the Brazilian vehicle market, Latin America's largest, to grow about a third to 4 million units by 2014 as household income and Latin America's largest economy recover from a downturn, its managing director for Brazil and Mercosur...
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Audi CEO Rupert Stadler knew that 2008 and 2009 would be good years because of the crucial decisions he and the team made earlier in the decade. Now Audi is enjoying the results.
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Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up over 50 percent of its German unit in exchange for state aid.
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Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up more than 50 percent of its German unit in exchange for state aid.
Full story...
Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up more than 50 percent of its German unit in exchange for state aid.
Full story...
Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up more than 50 percent of its German unit in exchange for state aid.
Full story...
Simon Pagenaud and Gil de Ferran won again in the American Le Mans Series, their third straight on the year, in the American Le Mans Northeast Grand Prix at Lime Rock Park on Saturday.
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With excellent tactics, British driver Gary Paffett wins the fourth season round of the DTM at Zandvoort in the Netherlands. For the Mercedes-Benz driver, it already is his second season win after his success at the EuroSpeedway Lausitz.
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Juan Manuel Silva, driving a Mercedes-Benz won the round of the Top Race series held Sunday at Interlagos in Sao Paolo, Brazil. Canadian Jacques Villeneuve was punted out of the race on lap 18.
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Research has revealed that drowsiness is one of the most frequent causes of highway accidents. So Mercedes-Benz engineers have developed the ATTENTION ASSIST system, which is now standard on several new models, including the E-Class Coupe.
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Andrew Ranger took his No.27 Ford Fusion first at the finish line to earn his first ever victory on an oval during the A&W Cruisin' The Dub 300 on Saturday night at SunValley Speedway.
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Andrew Ranger took his No.27 Ford Fusion first at the finish line to earn his first ever victory on an oval during the A&W Cruisin' The Dub 300 on Saturday night at SunValley Speedway.
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More candidates to succeed Max Mosley as FIA president may be still to emerge, a high ranking international motor sport official has suggested. To the German sports news agency SID, Hermann Tomczyk ruled out making a bid to take on Jean Todt and Ari Vatanen in October's election.
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The darkest cloud yet has just moved above the health of Donington's plans to host the next 17 British grands prix.
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Ron Hornaday (Chevy No 33) won his third NASCAR Camping World truck series race, the Built Ford Tough 225, Saturday evening at the Kentucky Speedway.
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Kevin Harvick (Chevy No 33) lead the most lap at the Missouri-Illinois Dodge Dealers 250 NASCAR Nationwide race held at the 1.25-mile Gateway International Speedway Saturday evening, but a miscalculation in fuel consumption made him run out of fuel before he could reach pit lane.
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Danica Patrick has all but ruled out switching to formula one next year. The 27-year-old American female racer, who currently drives in the United States' premier IndyCar open wheel category, has been linked with the new USF1 team.
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Some will see this car as a sort of anachronism. By renaming the Golf Mk V as "Rabbit", Volkswagen Canada can keep selling the previous-generation Golf (Mk IV) as a cheaper alternative called "Golf City". In doing so -- and reviving the American name of the brand's first front-wheel drive compact -- executives were hoping to make a successful, nostalgia-fueled marketing blitz.
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