Auto News 5

Germany sees Magna International as the front-runner to take over Opel, but it would reassess its position if another buyer for the General Motors unit emerged. China's Beijing Automotive Industry Corp. Full story...

Renault-Nissan must double its market share in Brazil to at least 10 percent to stay competitive and fend off rivals in Latin America's largest economy, CEO Carlos Ghosn said. Full story...

General Motors' chief spokesman in Europe has been tapped to steer global public relations for the U.S. automaker as it exits bankruptcy. Full story...

Jaguar Land Rover will cut 300 jobs from plant in Halewood, northwestern England, and stop production of its X-Type sedan there by the end of the year due to the downturn in the auto industry. Full story...

Slovenia's government awarded 14.3 million euros ($20.09 million) in state aid to Renault's local operations, Economy Minister Matej Lahovnik said. Full story...

Renault-Nissan must double its market share in Brazil to at least 10 percent to stay competitive and fend off rivals in Latin America's largest economy, CEO Carlos Ghosn said. Full story...

Porsche has denied reports that its embattled CEO, Wendelin Wiedeking, is to leave the sports car maker after Volkswagen takes a 49 percent stake in the company. Full story...

CLEVELAND - Drivers who eat while driving run the risk of paying more for car insurance. It's a fact, although it's not officially one of the questions on an application for auto insurance. Full story...

Ford Motor Company today announced the retirement of two senior executives and announced a series of key leadership changes that further strengthen Ford's management team and support the company's "One Ford" transformation plan. Full story...

The Ontario government, led by Prime Minister Dalton McGuinty, yesterday made headlines by announcing a new program that will make it easier to buy electric vehicles while ultimately helping the province become a world leader in building and driving electric cars. However, upon further review, this program is not as attractive as it seems. Full story...

Directors of all 13 formula one teams for 2010 met on Thursday at FOTA's Geneva headquarters to talk about the future rules and regulations. Full story...

French driver Sébastien Bourdais has issued a statement in which he admits he does not understand the reasons behind his eviction for the Toro Rosso Formula 1 team. Full story...

Organisers of the Grand Prix of Trois-Rivières were proud to announce that Jacques Villeneuve will race in the city streets during the 40th edition of the famous race, August 14 to 16. Full story...

Every year, the roads claim too many victims during the summer season despite concerted efforts by the government and the police to reduce the number of casualties. But while the numbers are still high for some, the recent stats made public by the Société de l'assurance automobile du Québec show a steady improvement. Full story...

Frenchman Jean Todt has officially announced on Thursday that he will run for FIA presidency in replacement of the controversial Max Mosley. Full story...

Mercedes-AMG is paving the way ahead: with the new SLS AMG with electric drive, the performance brand within Mercedes-Benz Cars is developing an exciting super sports car with zero-emission high-tech drive. This model sees Mercedes-Benz and AMG displaying their expertise in the development of alternative drive solutions for high-performance super sports cars, delivering further proof of their pioneering status in this market segment. Full story...

Boucherville, Quebec - As young kids, we gain new mobility and a fun extension to our legs by straddling a tricycle. Then comes the bicycle and the inevitable falls and tears. Years later, some will trade it for a powerful motorcycle... and spectacular plunges! Full story...

Honda Performance Development (HPD) wants the IndyCar to schedule discussions to finally decide on the series' future chassis and engine rules by the end of the year in order for those changes to be implemented for 2012. Full story...

Red Bull driver Mark Webber apologised for bumping into Lewis Hamilton's McLaren in the battle for the first corner last weekend at the Nurburgring. Full story...

Norbert Haug has confirmed that team McLaren Mercedes-Benz will continue to use its KERS system at the forthcoming Hungarian grand prix. Full story...