Daimler AG scrapped its annual dividend for the first time in 14 years after it swung to a worse-than-expected 2009 net loss, sending shares down to their lowest level in five months.
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At the Geneva auto show March 2, Bentley will debut the Continental Supersports Convertible, which the British ultraluxury brand says is the fastest, most powerful droptop it has ever built.
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A German government advisory panel has raised doubts about whether GM.'s reorganization plan for European arm Opel deserves crucial state aid, the Financial Times paper reported.
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Volvo Truck Corp. said on Wednesday its election committee had decided unanimously to propose electing former Renault CEO Louis Schweitzer as chairman of the board.
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The European Commission is reviewing the taxation structure of transport fuels in a move that could boost demand for gasoline at the expense of diesel, an EU official said on Wednesday.
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Pedro de la Rosa has criticised moves to take next year's winter pre-season testing offshore.
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Some teams did not announce their testing drivers yet, several names are rumoured in Jerez's paddock.
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The boys from Virgin Racing Formula 1 team are back, with starring roles in our latest YouTube production Life's a Beach.
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Day 2 of winter testing at Circuito Jerez de la Frontera, Spain where rain again played a major role as the track remained wet all day.
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Opel will unveil its Flextreme GT/E concept car at the 80th Geneva Motor Show (March 4 - 14), that will boost the company's credentials as a leader in green technologies, offering expressive design with efficient environmental performance - and engineered with German precision.
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The newly launched Mercedes GP team needs to win grands prix in order to maintain the support of its parent Daimler.
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Roush Fenway Racing dropped a small bombshell on an otherwise quiet Wednesday when it announced that Todd Parrott would be taking over as crew chief of the 17 Sprint Cup Team of driver Matt Kenseth.
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General Motors will invest more than $494 million and create nearly 550 jobs in three U.S. plants to produce the next generation fuel efficient Ecotec engine.
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Brentwood,Essex - Ford's all-new C-car makes its European debut at next month's Geneva show, alongside final versions of C-MAX and Grand C-MAX which go on sale this year. There are also further product enhancements for the Ford Kuga and Mondeo and more options revealed for the new S-MAX and Galaxy.
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Escape was the first domestic SUV or crossover nameplate to offer a hybrid model. And this is a "full" hybrid; it can run solely on electric power (if you're gentle on the throttle and don't exceed 48 km/h).
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To bring premium - or better yet - a true Audi to this class was an exciting challenge for us in Development. We did, of course, make clever use of the very good potential offered by the Group's modular system - that is one of the strengths of our Group.
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While most Formula 1 teams are currently testing their 2010 cars at Jerez in Spain, three new teams are fighting and wresting to make it to the grid for the opening race of the season in Bahrein.
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Here's a nice, fun and informative video that shows the fans how the Lotus T127-Cosworth Formula 1 car was designed and built in just a few months.
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Former Formula 1 driver Takuma Sato will return to racing in the IndyCar Series after inking a deal with KV Racing for this coming season.
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To many in attendance, the 2010 Canadian International Auto Show (CIAS) was like a giant session of show-and-tell backed by subwoofers, projectors and giant flat-screen TV's. This year, numerous automakers presented models, real or make-believe, that went above and beyond the masses in terms of crowd-attracting power, styling prowess and mystique.
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