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Jul
29th

NASCAR: News round-up Bobby Labonte to JTG Daugherty, Jack Roush update & more

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It was a busy day for news around the NASCAR Sprint Cup series. Here are some of the top stories. Full story...
Jul
29th

The 2011 Lexus IS series sedans feature an exciting new style and performance

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The popular IS series enjoys a fresh look this year, with updated styling cues and new options packages that add more performance and luxury across the IS series. Revised front and rear styling details sharpen all IS models for 2011. In addition, the IS sedans feature minor interior trim changes. Full story...
Jul
29th

F1: Michael Schumacher’s car designed for me explains Jenson Button

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Jenson Button has accepted a portion of the responsibility for Michael Schumacher's lacklustre return to formula one this season. Full story...
Jul
28th

Michigan Chrysler dealership under investigation for fraud

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The investigation involves an undetermined number of employees at the dealership suspected of defrauding Chrysler, according to the company and a sheriff's department statement reported by local media. Full story...
Jul
28th

Avis tops Hertz with $1.33 billion bid for Dollar

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Dollar Thrifty has become the target of a takeover battle as bigger rivals expand into the highly lucrative leisure car rental market - which has remained healthy despite the recession because of stable demand from budget-minded consumers. Full story...
Jul
28th

Ford expected to close on Volvo sale to Geely next week

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Ford is selling Volvo to Geely for $1.8 billion, less than one-third of what it paid for the Swedish automaker in 1999. Full story...
Jul
28th

Audi A8L W12, an AW Flash Drive:

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What is it? Full story...
Jul
28th

Feds expand Windstar probe to front corrosion

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The new investigation by NHTSA is focusing on front subframe corrosion on the right side that has led to 87 complaints and three crashes. The agency had initially studied rear axles on Windstars from the 1999-2003 model years. Full story...
Jul
28th

NADA: Dealer profits soared through May

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The average dealer's net profit before taxes nearly doubled in the first five months of the year over last year, to $278,814, NADA said - citing healthy sales increases in new- and used-vehicle departments, higher new- and used-vehicle profit... Full story...
Jul
28th

Hyundai Equus will have 2 trim levels in U.S.

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The Korean automaker plans to market the Equus as a 'value alternative' to the Lexus LS, BMW 7 series, Mercedes-Benz S class and Audi A8 sedans. Many of those sedans are priced above $60,000. Full story...
Jul
28th

Ford gives suppliers ‘a single point of contact’ in reshuffle

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Ford purchasing chief Tony Brown is using two key promotions to revamp purchasing and provide 'a single point of contact' for suppliers. Full story...
Jul
28th

The Porsche 918 Spyder is a go, and an update on Jack Roush’s plane crash, in News Brake for Wednesday, July 28:

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In News Brake: Porsche confirms the 918 Spyder for production, BMW is recalling the new 5-series, and an update on Jack Roush's plane crash . . . But Wait, There's More! Full story...
Jul
28th

Jeep Grand Cherokee’s Europe debut will be delayed

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The new Jeep Grand Cherokee's European debut will be delayed due to strong U.S. demand for the redesigned SUV. Full story...
Jul
28th

BMW recalls new 5-series:

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BMW is recalling up to 12,400 new 5-series sedans that have defective fuel-tank sensors. Full story...
Jul
28th

Zzzzzzzt!:

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Zzzzzzzt! Full story...
Jul
28th

Slots of Fun: Racers gather for a good cause:

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and#8220;This wasn't your traditional fundraiser,and#8221; said slot-car-enthusiast-turned-fundraiser Bruce Talamon. and#8220;This wasn't your traditional, and#8216;Hey, come drink and sip white wine or do a run or do a bike ride.and#8221; Full story...
Jul
28th

Slots of Fun: Racers come together for a good cause:

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and#8220;This wasn't your traditional fundraiser,and#8221; said slot-car-enthusiast-turned-fundraiser Bruce Talamon. and#8220;This wasn't your traditional, and#8216;Hey, come drink and sip white wine or do a run or do a bike ride.and#8221; Full story...
Jul
28th

FRANCE: Valeo back in black for first half

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Valeo boosted first half operating income to EUR292m in 2010 versus a EUR51m loss a year ago. Full story...
Jul
28th

Porsche 918 Spyder approved for production:

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It's going to happen. Porsche's instant icon, the 918 Spyder concept revealed at the Geneva motor show, has been green-lighted for production, the company said on Wednesday. Full story...
Jul
28th

ITALY: Fiat demands union deal for EUR20bn investment

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Fiat says unless it secures agreement with its unions for restructuring, its massive investment plans in Italy will be at risk. Full story...
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