Magna International Inc. co-CEO Don Walker, proponent of the supplier giant's acquisition strategy, indicated today that the company may be dialing back its takeover plans this year.
Full story...
TRW Automotive Holdings Corp.
Full story...
U.S. Mercedes-Benz dealers urged the automaker to open the faucet a tad on vehicle inventories, especially the M-class crossover and E-class coupe, as the automaker prepares for higher volumes in 2010. Factory officials told U.S.
Full story...
Porsche Cars North America says it has slashed its inventories in half in the past few months to about 45 days and expects to end incentive spending by the end of March.
Full story...
BMW Group is using the Winter Olympics to launch a marketing campaign to convince shoppers that BMWs are engineered well but are fun to drive, too. George Sharpe Sr., chairman of the BMW Dealer Forum in the U.S.
Full story...
TRW Automotive Holdings Corp.
Full story...
German dealer group AVAG ended its 2008-2009 fiscal year with improved revenue and unit sales, helped by scrapping incentives. But an increasing shift toward cheaper cars in the below- 10,000 euros ($13,600) price segment is hurting revenue.
Full story...
Hybrid and electric cars won't be exotics any more at the 2010 Geneva auto show.
Full story...
Blainville, Quebec -- Toyota is multiplying efforts to restore its reputation as a quality brand. After announcing one of the largest auto recalls in history, mainly to fix a questionable throttle mechanism, the Japanese automaker now needs to regain the trust of consumers.
Full story...
The new Lexus CT 200h is the first full hybrid vehicle to be launched in the premium compact segment. Entering production in late 2010 and set for sale worldwide, the full hybrid model will provide a new gateway to the Lexus range and attract new, younger customers to the brand.
Full story...
When the new Formula-1 season gets underway in Bahrain next month, it will mark the debut of the most spectacular and powerful Official F1 Safety Car of all time.
Full story...
Young rookie driver Nico Hulkenberg planted the Cosworth-powered Williams in first place today when he set the very fast lap at the end of the day in Barcelona.
Full story...
Team principal of the new Campos Meta Formula 1 team Colin Kolles on Friday confirmed reports that Indian GP2 driver Karun Chandhok is close to securing a deal to race in 2010.
Full story...
Here is an easy fix for a new Formula 1 team that dos not have a car, and a second team that has a car in running condition...
Full story...
Team iSport driver Davide Valsecchi won the Bahrain feature race today and clinched the GP2 Asia Series title.
Full story...
The newest two-wheel offering from the Bavarian manufacturer is a major hit on the market, with the searing performance that comes from 200 hp at speed - enough to tempt adventurous car people across the line and try two wheels to generate their jollies.
Full story...
The Italian World Champion finished up two days of testing a quarter-second ahead of Casey Stoner, with Nicky Hayden a further 0.2 sec behind.
Full story...
Lucas di Grassi's crash on Thursday raised fears that Virgin had experienced another wing failure.
Full story...
Team Penske's Will Power led a Penske one-two-three on the final day of IndyCar testing at Barber Motorsports Park like he did the day before.
Full story...
It sure seems like the folks at Lexus had a strange epiphany. While most premium car makers offer mastodons that can barely withstand a little country dirt, Toyota's luxury division has endowed the redesigned GX with some of the best off-road capabilities in the business.
Full story...