VW will keep adding to its more than $20 billion cash pile as it prepares for an acquisition spree that could help it overtake Toyota as the world's No. 1 carmaker by 2018.
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Geely, the new Chinese owner of Volvo Cars, wants the Swedish carmaker, best known for its safety, to build cars that compete with the most expensive BMW and Mercedes sedans, its founder and chairman said.
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Geely Holding Group named Volkswagen's Stefan Jacoby as CEO of Volvo Cars, after completing its acquisition of the Swedish brand from Ford.
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Tony Brown, Ford's purchasing chief, is splitting duties of his top two lieutenants to provide "a single point of contact" for suppliers. Birgit Behrendt has been appointed executive director of Ford's global programs and Americas purchasing.
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Chinese auto parts makers are moving into the overseas mergers and acquisitions fast lane, eyeing a distressed global market to close a technology gap with world leaders to meet sizzling demand at home and eventually sell overseas.
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The A7 puts Audi in a growing segment of four-door luxury sedans that have expressive, coupelike styling.
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It's an idea whose time came, and went: the factory dedicated to supplying seats to one assembly plant on a just-in-time basis.
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In case the styling doesn't tell you the story after a mere glance, let it be known that the Acura ZDX is far from your typical five-door, five-seat family crossover.
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Jack Roush, co-owner of Roush Fenway Racing and chairman of ROUSH® Enterprises, was upgraded to fair condition Sunday evening at Mayo Clinic in Rochester, Minn., according to a RFR press release.
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Antoine L'Estage added some lust to his already winning-full year last week-end in Los Angeles' Coliseum as he beat his Rally America rival Bill Bacon to a third place finish in this year's ESPN X Games.
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The FIA's World Motor Sport Council will consider Ferrari's team orders breach on 8 September.
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Vitaly Petrov boosted his chances of retaining his Renault race seat for 2011 with a strong weekend in Hungary.
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Canadian Patrick Carpentier will be back behind the wheel of a Sprint Cup car this weekend on the scenic road course of Watkins Glen.
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Lewis Hamilton has vowed to contribute to McLaren's off-track efforts ahead of the final seven races of 2010.
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Result of the joint venture, this special edition GT-R is available in Japan to a special owners/racing club called The Prestige Club of GT-R. The price is about CAD $125,000, including membership fees to the club.
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Ford Motor Company's researchers are developing advanced crash avoidance systems that use wireless and GPS technologies. The system helps vehicles to communicate with each other in traffic and help drivers to avoid accidents.
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Nelson Piquet Jr. will make his NASCAR Nationwide Series debut next Saturday at Watkins Glen, New York, driving for the Baker-Curb Racing team.
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Former Formula 1 driver Derek Warwick, who was working as a race steward this past weekend at the Grand Prix of Hungary, revealed at BBC's Radio 5 Live that Michael Schumacher was nearly black-flagged at the end of the race.
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IZOD IndyCar Series officials have fined driver Helio Castroneves $60,000 and placed him on probation for the remainder of the season for his actions during and following the July 25 race at Edmonton City Centre Airport.
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Each year, the park of the Goodwood castle in Great Britain becomes the scene of the prestigious Festival of Speed.
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