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Dec
19th

Chance of Saab asset sale spurs talk of new life for brand in China

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Saab could get a second life in China, analysts said following General Motors Co.'s announcement that it will shut down operations for its Swedish brand, including its production hub in Trollhattan, starting in early January. Full story...
Dec
19th

Continental strikes 2.5 billion euro financing deal

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Continental has struck a 2.5 billion euros ($3.60 billion) financing deal with its creditor banks, easing a tight liquidity situation caused by the takeover of Siemens' VDO unit in 2007. Full story...
Dec
19th

2009 Automobile of the Year – Vile Gossip

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2009 Automobile of the Year - Vile Gossip
2009 Automobile of the Year - Jean Jennings' Vile Gossip Editorial - Automobile Magazine
No time like present hard times to focus on our 2009 Automobile Of The Year.

Excuse me while I duck yet another phone call from a cable television news channel that wants me to predict exactly which day the evil Cerberus will be folding its tent and blowing town, leaving Chrysler in a smoldering heap. Or exactly who, what, when, where, how, and why General Motors will finally be going bankrupt. Well, let me dust off my honorary degree from Kirtland Community College, ponder those mysteries for about three seconds, and leave town via the back roads with the rest of the staff.


Photo Gallery: 2009 Automobile of the Year - Jean Jennings' Vile Gossip Editorial - Automobile Magazine


Full story...
Dec
19th

High demand in top markets ups Europe Nov. sales

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Year-on-year sales increases as high as 58 percent in the region's five largest markets caused Europe's new-car registrations to rise 27 percent to 1,182,082 in November. Full story...
Dec
19th

From aircraft to trucks to cars and#8211; key events at Saab

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Here are key events in Saab's history, including the decision by General Motors Co. to wind down operations after an attempt to sell the brand to Dutch luxury carmaker Spyker Cars failed: Full story...
Dec
19th

Qatar gets 17% stake in Volkswagen

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Qatar has accumulated a 17 percent voting stake in Volkswagen AG and the Gulf state is set to take a seat on Porsche Automobil Holding SE's supervisory board. Full story...
Dec
19th

VW gets EU approval to buy powerful Germany car dealer Mahag

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German carmaker Volkswagen won permission from European Union regulatory authorities on Friday to acquire car dealer Mahag Group. The European Commission said the transaction would not significantly impede competition in the European market. Full story...
Dec
19th

Qatar gets 17% stake in VW; will take seat on Porsche board

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Qatar has accumulated a 17 percent voting stake in Volkswagen AG and is set to take a seat on Porsche Automobil Holding SE's supervisory board. The moves underline the more active role the Gulf state aims to play in the German auto industry. Full story...
Dec
19th

Porsche posts loss; sees slight gain in unit sales

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Porsche Automobil Holding SE is holding out for a slight rise in unit sales in its current fiscal year, banking on its new Panamera model, after the company swung to a quarterly loss. Full story...
Dec
19th

Porsche foresees gain after quarterly loss

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Porsche Automobil Holding SE is holding out for a slight rise in unit sales in its current fiscal year, banking on its new Panamera model, after the company swung to a quarterly loss. Full story...
Dec
19th

VW wins approval to buy Mahag dealer group

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VW won permission from EU regulatory authorities to acquire car dealer Mahag Group. The European Commission said the transaction would not significantly impede competition in the European market. Full story...
Dec
19th

Porsche posts quarterly loss; predicts slight gain in unit sales

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Porsche Automobil Holding SE is holding out for a slight rise in unit sales in its current fiscal year, banking on its new Panamera model, after the company swung to a quarterly loss. Full story...
Dec
19th

VW gets EU approval to buy powerful German car dealer group Mahag

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German carmaker Volkswagen won permission from European Union regulatory authorities on Friday to acquire car dealer Mahag Group. The European Commission said the transaction would not significantly impede competition in the European market. Full story...
Dec
19th

Saving Lives Through Innovation

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Ontario is supporting the development of breakthrough technology that will help save lives and create jobs. Full story...
Dec
19th

2010 Toyota Camry Hybrid Review

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I don't know why, but every time I try out a Camry, I become a slow driver. Life passes by very, very slowly specifically when I'm behind the wheel of the Hybrid. I'm so bent on obtaining the lowest fuel economy average I can get, that I become an irritation for both surrounding traffic and my girlfriend. Full story...
Dec
19th

IRL: Gil de Ferran hopes to be in IndyCar in 2010

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With the departure of Simon Pagenaud to Highcroft in ALMS, rumours abound that de Ferran Motorsports is about to shut down but de Ferran says he still hopes to run a team in the IndyCar Series in 2010. Full story...
Dec
19th

F1: Ferrari admits concerns about Alonso’s teamwork ability

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Luca di Montezemolo has admitted Ferrari was concerned Fernando Alonso might not be a team player. Speaking with international reporters at a Christmas dinner on Friday, the Ferrari president was asked about the Spaniard's reputation and personality, including how his relationship with McLaren so badly broke down in 2007. Full story...
Dec
19th

F1: Bernie Ecclestone doubles fee for 2011 Turkish Grand Prix

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The last Turkish grand prix could be held in 2010, after Bernie Ecclestone told organisers the race promotion fee will be almost doubled for 2011. Full story...
Dec
19th

1998-2004 Nissan Frontier Pre-Owned

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Nissan's Frontier exists to compete with small trucks like the Ford Ranger, Dodge Dakota, Toyota Tacoma and Chevrolet Colorado. Despite not being today's best-selling market segment by a long shot, Suzuki has recently been branding version of the Frontier called the Equator, too. Full story...
Dec
19th

Atlantic: Star Mazda Champion tests new ride

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Adam Christodoulou accomplished a first run of tests on Thursday and Friday with his new Team Stargate World Formula Atlantic ride, part of his 2009 Star Mazda Championship prize. Full story...
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