Toyota has confirmed reports that it will pull out of hosting the Japanese Grand Prix at its Fuji Speedway circuit from next year.
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Beijing Automotive Industry Corporation plans to build a US$2bn Opel factory in China and close the carmaker's Antwerp plant in Belgium if its bid for General Motors' European unit is successful, the Financial Times reported, citing people close to the situation.
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PSA Peugeot Citroen sold 1,587,000 new vehicles and CKD kit units, down 14% year on year from 1,845,000 in 2008, in a first half of 2009 that saw a sharp decline in automobile markets worldwide, with Europe down 14.4%, Russia down 48.9% and Latin America down 12.6%.
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Bankrupt auto seat and electrics specialist Lear Corporation on Tuesday said it had received the support it needed from bank lenders and bondholders to progress with its restructuring plan and had filed for Chapter 11 bankruptcy protection in New York. Subsidiaries outside the US and Canada were not included.
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Sales of new imported vehicles in Japan fell 18.7% year on year last month to 18,698 units, including those made by Japanese automakers overseas, extending their losing streak to a 14th month, an industry body said.
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There are few things in life you can be certain about. Aside from death and taxes, a new one has emerged and become a favorite of mine. It's the fact that the all-new Nissan cube leaves absolutely no one indifferent.
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LimousinesWorld has launched a new Luxury Limousine: The Mercedes Limousine, offering a beautiful custom-designed interior. In a few words: Spacious, Classy, Comfortable and Luxurious. LimousinesWorld is also launching the RHD Mercedes Limousine.
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Ari Vatanen, the 1981 world rally champion has confirmed his potential candidacy to succeed Max Mosley as FIA president.
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Toyota-owned Fuji Speedway on Tuesday confirmed reports that the circuit will no longer host the Japanese grand prix.
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Formula 1's three new teams have been invited to join their ten 2010 rivals for a meeting of the Technical Working Group Wednesday at the Nurburgring.
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After describing the outrage sparked by his Hitler comments as a "big misunderstanding" in the German press, Bernie Ecclestone has now turned to the English-speaking media to apologise for the affair.
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Honda Canada Inc. has been named one of Canada's
"Fifty Most Socially Responsible Corporations" in a Jantzi-Maclean's Corporate
Responsibility Report 2009. The report appeared in a recent issue of Maclean's
magazine.
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Zipcar, Inc., the world's largest car sharing service, today announced its first Electric Vehicle Pod, including an all-electric vehicle (EV) Citroen c1 and a plug-in hybrid (PHEV) Toyota Prius. The vehicles stationed at the EV Pod are among the most efficient and technologically advanced on the road today and are available to members by the hour for a fraction of the cost of owning one.
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For 75 years, the words Mercedes-Benz and "Silver Arrow" have been inseparably connected to each other. The era of the Silver Arrow started 1934 with the Formula Racing car W25. The models W125, W154 and W196 then followed.
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Join us on September 26th, 2009 at Parc Jean-Drapeau, on the beautiful Ile Notre-Dame in Montreal for this premier event. Rides for Wishes will host the event of the season that will make wishes come true.
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Toyota's Prius hybrid was Japan's best-selling vehicle in June with sales of 22,292 units, industry groups said on Monday, as recently introduced government tax breaks and subsidies helped to boost demand for fuel-efficient cars.
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AvtoVAZ said recently it would pay for supplies of car components with its bills of exchange if suppliers do not reduce the cost of components by 10%, business daily Vedomosti reported on Monday, citing a letter from Damir Kashapov, purchasing vice president at Russia's largest automaker.
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Volkswagen posted a 5.1% year on year fall of global car sales in the first half of 2009 but June volume rose 6%, CEO Martin Winterkorn said at a conference in Germany.
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