Auto News 5

Bayern Munich is close to an investment and sponsorship deal with Audi worth more than 100 million euros ($147 million), club manager Uli Hoeness said. Full story...

Ford Motor Co. said Monday it would pay back in part and extend by two years $10.7 billion of secured debt and issue some $3 billion of stock and equity linked securities to improve its balance sheet. Full story...

General Motors Co. had $13.6 billion remaining in its U.S. government-funded escrow account as of October, after making payments related to the restructuring of its former parts subsidiary Delphi, the automaker said on Monday. Full story...

Renault SA and its partner Nissan Motor Co. Full story...

Chrysler's Mopar performance division is no stranger to the SEMA show-- and they're rocking some hot new custom trucks once again for 2009. This year, the in-house performance parts line is making an impression with, among other things, a number of modified machines from the new Ram Truck lineup. Full story...

More than 100,000 automotive professionals from more than 100 countries are expected to gather at the 2009 SEMA Show this week in Las Vegas, Nevada, an event considered by many to be the industry's leading automotive accessories trade event in the world. Full story...

The marketing experts at Acura are clearly not afraid of words. They do not hesitate to label their new MDX as a sport utility vehicle even though this expression is now associated with some of the worst gas-guzzlers in the minds of many consumers. Full story...

Alex Tagliani will have to wait another week before he gets behind the wheel of Randy McDonald's car No.81 and instead of racing in this week-end's Nationwide race in Texas, the Canadian will be in Phoenix in two weeks. Full story...

LAS VEGAS, When Celebrity DJ and Car Customizer Funkmaster Flex speaks, people listen. Whether he's dishing on the latest in Hip-Hop on New York's Hot 97 or inside the walls of his Bronx, New York Garage talking shop on the latest in car culture, again, people listen. Full story...

Chevrolet unveiled five dramatic Camaro concepts at the annual automotive aftermarket extravaganza known as the SEMA Convention, each representing a different vision of style, personalization and performance. Full story...

Celebrating its 50th year in America, Honda kicked off its week at the 2009 Specialty Equipment Market Association's (SEMA) show in Las Vegas with a variety of historic and accessorized Honda vehicles, a robust Honda Performance Development (HPD) racing display and the reveal of a 2010 Accord Sedan equipped with MUGEN accessories. Full story...

First, let's begin by noting that Honda and Honda Canada will remember the 2008-09 period as having been a rough one. With month-over-month and year-over-year sales having tumbled, in some cases up to 30%, the Japanese car maker is very happy to see that their numbers are on the rise. Full story...

LAS VEGAS, - Just one year after Ford unveiled the 2010 F-150 SVT Raptor at the SEMA show, Ford today is announcing the long-anticipated power figures for the all-new 6.2-liter premium V-8 engine now available in this ultimate high-speed off-road performance truck. Full story...

Ontarians have voted for a new vehicle licence plate that will encourage consumers to switch to environmentally-friendly cars and trucks. Full story...

Willi Weber has welcomed Williams' appointment of Rubens Barrichello for 2010. Full story...

Red Bull will continue to use Renault engines in 2009, after contemplating switching to Mercedes or Cosworth. Full story...

Brad Keselowski, winner of the April Sprint Cup race in Talladega, will drive the No.12 Penske Dodge in the final three races in the series and will "step in for David Stremme," said Penske officials in a press release. Full story...

Sealy, TX - Hennessey Performance Engineering (HPE) is set to debut the company's limited edition, Corvette ZR1-inspired, 2010 HPE700 LS9 Camaro on Tuesday, November 3 at the SEMA Show in Las Vegas. Powered by Hennessey's tweaked LS9 engine, the supercharged HPE700 Camaro cranks out 725 bhp and a twisting 741 pound-feet of torque. 0-to-60 mph is achieved in a scant 3.5 seconds, with traction-limited quarter-mile times in the mid-to-low 11's. The HPE700 LS9 Camaro will be on display in the Mobil 1 booth (#24466). Full story...

LAS VEGAS,- Since its victorious introduction at the NHRA Winternationals in 1968, Ford's Cobra Jet Mustang has created a legacy of power, performance and triumph. Full story...

The German Design Council has announced it will present a 2010 Design Award of the Federal Republic of Germany to the Audi A5 Coupé - and the vehicle's creator is elated. Full story...