BMW CEO Norbert Reithofer says there is significant room for growth in the U.S. luxury segment but the premium market won't return to the 2 million-unit level until 2013 or 2014.
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Shares of General Motors Co. are likely to be priced between $20 and $25 in the initial public offering by the automaker in November, Chairman Ed Whitacre said Wednesday.
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Toyota is considering halting exports from Japan of the Corolla sedan from around 2013 and shifting that output overseas due to the strength of the yen, a news agency reported.
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Toyota Motor Corp. is not interested in bidding for the Sicilian car production plant that Italy's Fiat S.p.A. plans to shut by year-end 2011, a Toyota spokeswoman and an Italian government adviser said on Wednesday.
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Russian prime minister Vladimir Putin is due to sign the contract for a 2014 grand prix in the resort city Sochi on Thursday.
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Daniel Ricciardo is tipped for a seat in the GP2 championship for 2011, but according to his team boss this year, the 21-year-old Australian is ready to move into formula one.
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Mexican Sergio Pérez, who will be racing for the Sauber F1 Team alongside Kamui Kobayashi in 2011 has visited the team's factory in Hinwil, Switzerland on Thursday.
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McLaren or Force India have been earmarked as possible new employers for Bob Bell.
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BMW is set to announce on Friday its decision to enter the German touring car series DTM in 2012.
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Nico Rosberg does not think his dominance within the Mercedes team this year has been well enough recognised.
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Standing next to the Jaguar XKR in person may cause nervous pangs in the stomachs of drivers before they're even seated on board. Like any gorgeous landscape, sculpture or famous building, photographs simply don't do this machine justice. It's a piece of styling work that needs to be seen in person-- and when it is, its visual punch is stunning, infectious and almost nerve-wracking.
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SYDNEY - The all-new Ford Ranger - the latest in a wave of global vehicles - makes its worldwide debut today at the Australian International Motor Show. The all-new Ranger has a powerful presence and promises to give pickup truck owners more can-do capability and a transformed truck ownership experience.
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The announcement of the second class of inductees to the NASCAR Hall of Fame was not without a little bit of a surprise.
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Sometimes, status quo is best. Sometimes, sleeping dogs should be left to lie. Sometimes, it's wiser to back away from a situation sooner than later. In the hyper-popular and loyal segment of the full-size pickup, it seems as though 3.5 competitors are enough.
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Today's car shopper is a self-centered, fussy and demanding creature: they want it all, they want it cheap, and they want it right now.
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Alois Ruf and his team were inspired to build the RUF Roadster from a 1967 Porsche Targa. This 911 was equipped with an integrated roll cage which combines the safety of a Coupé with the fresh air feeling of a convertible. The centre piece of the roof could be removed and folded; the flexible plastic rear window can be folded also.
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A deal to host at least seven Russian grand prix in Sochi beginning in 2014 has been reached, the country's president Vladimir Putin announced on Thursday.
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Kimi Raikkonen could lose the sponsorship of Red Bull in the World Rally Championship next year, which could force the Finn to switch team in 2011.
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Mercedes-Benz and AMG have created a monstrous GT3 race car designed to battle against Audi, BMW and Porsche in endurance racing. The SLS GT3 was recently track test by several drivers on the Hockenheim circuit in Germany.
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The Charlotte-based NASCAR announced on Wednesday the second class of inductees into the NASCAR Hall of Fame.
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