Auto News 5

BMW will offer chief executive Norbert Reithofer a five-year contract extension at a meeting on Wednesday, a German newspaper reported. Full story...

BMW will offer chief executive Norbert Reithofer a five-year contract extension at a meeting on Wednesday, a German newspaper reported. Full story...

LAS VEGAS - The production model is yet to be released, but the promise of the Chevrolet Camaro Convertible raised $205,000 for a local Nevada charity at last weekend's Barrett-Jackson Auction. Full story...

F1 team Lotus Racing is taking a naming dispute with Malaysian carmaker Proton to London's High Court. Full story...

A major topic of conversation during a team bosses meeting in Singapore was the so-called Resource Restriction Agreement. Full story...

After teaming up with KV Racing Technology for the IZOD IndyCar Series' 2010 season, Lotus Motorsport has announced that it will expand its collaboration with the team next year. Full story...

Although BMW has not confirmed its involvment in DTM in 2012, the german brand has announced that the work on a DTM car has already begun. Full story...

Williams' technical director Sam Michael has scoffed at Red Bull's claim that the Renault engines in the rear of the championship-leading RB6 are significantly down on power. Full story...

Max Biaggi (Aprilia) has won the 2010 World Superbike Championship with one round still remaining while Carlos Checa (Ducati) wins the Imola doubleheader. Full story...

The time is right: The wait is over. Scion rolls into Canada today, with 45 dealers in Montreal, Toronto and Vancouver, bringing vehicles and a new automotive experience to young, style-conscious Canadian drivers. "There's a new demographic of drivers in Canada - younger drivers who demand a new type of vehicle and a new style of doing business. And today, they can finally get that from Scion," said Larry Hutchinson, Director of Scion in Canada. "Scion now offers a full line-up of distinctively styled, well-equipped models, a unique in-dealer and online experience, and a new business model designed to address the needs of a new generation." Full story...

Volkswagen of America announced that the 2011 Touareg lineup will include three powertrains - a supercharged hybrid with 3.0L V6 TSI, a 3.0L V6 TDI Clean Diesel and a gas-powered 3.6L V6 FSI. The hybrid variant won't be available in Canada, however. Thomas Tetzlaff, Public Relations Manager at VW Canada, told Auto123.com: "We have decided to launch our hybrid solution with the Jetta in 2012. It represents volumes that we can support properly." Full story...

Life is short, too short. Some of us realize this fact and act upon it. Some may choose to live a cozy life unburdened by material possessions while others, perhaps those that have a few more $$ in their accounts, may choose to live it up and amass large quantities of goods. Like most, I tend to collect articles that bring me a tangible level of joy. This joy complements what is nearest and dearest to me; my family including my wife and cats, Molly and Jigg. Full story...

Group Lotus has announced that it will design and build a LMP2 car in order to enter 2012 Le Mans 24 Hours. Full story...

Race organisers hit back amid widespread reports the inaugural Korean grand prix was in real danger of being called off. Full story...

Speed is not as important anymore, at least according to a September 14th manifesto signed by none other than Lamborghini SpA President and CEO Stephan Winkelmann. Full story...

Stuttgart. Breath-taking icy landscapes, ice-covered mountains, frozen lakes and all kinds of sports cars: This winter the Dr. Ing. h.c. F. Porsche AG, Stuttgart, is once again offering a wide range of opportunities to test Porsche vehicles in extreme conditions. From January to March 2011, motor sports fans can register for diverse winter driving courses at the Porsche Sport Driving School and the Porsche Travel Club. Full story...

On the occasion of the Paris Motor Show, Porsche will celebrate the world premiere of the 911 Carrera GTS (Coupé and Cabriolet) and the 911 Speedster. Furthermore, on October 1,Matthias Müller will take over from Michael Macht as the new Chairman of the Board of Management of Dr. Ing. h.c. F. Porsche AG. Full story...

The 2010 Paris Motor Show is Chevrolet's biggest European show yet, with no less than four world premieres. Full story...

Paris - Range Rover has today unveiled four pop-up temporary street installations at key Parisian landmarks. The brand has worked with leading contemporary Parisian artists to create artworks which have been inspired by the new Range Rover Evoque and the city of Paris. Full story...

Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Full story...