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...

Group 1 Automotive Inc., the No. 4 U.S. auto dealership, has been looking at possible acquisitions over the past few months and would consider buying more Ford Motor Co. dealerships, CEO Earl Hesterberg said Monday. Full story...

Just as subprime lending set the stage for the housing crisis that set off the economic downturn, easy credit played a major role in inflaming demand for high-priced sports-utility vehicles and other vehicles, auto manufacturers and retailers said... 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...

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...

Inspired by the power and grace of the mythic Lamborghini Murciélago LP 640, TAG Heuer, the world leader in luxury sports watches and chronographs, has teamed up with the famous Italian super sports car manufacturer to create the limited-edition MERIDIIST Automobili Lamborghini communication instrument. Full story...

Brawn GP chief Ross Brawn has played down suggestions that Kimi Raikkonen could be lined up as an alternative to the hesitant Jenson Button for 2010. Full story...

In a meeting on Monday, new FIA president Jean Todt told the French prime minister Francois Fillon that formula one is important to the country. 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...

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...

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

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

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...

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...

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...

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...

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...

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...

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...