Auto News 5

Fernando Alonso believes Ferrari's rivals are "trying to divert attention" from their own problems by playing psychological games in the media. Full story...

The lead attorney for the US grand prix promoter has denied reports the Austin track will not be ready for its scheduled 2012 race debut. Full story...

Gateway International Raceway has ceased operations. Full story...

Even after hosting its inaugural grand prix less than two weeks ago, a cloud is above the future of Korea's formula one race. Full story...

Energy drink giant Red Bull of Dietrich Mateschitz insists it has no plans to sell the Scuderia Toro Rosso Formula 1 team. Full story...

China's Shanghai circuit must improve its track surface and rain drainage before hosting its eighth grand prix next April. Full story...

At first, the excitement makes you tuck a grin discreetly behind your lips-- but when approaching the 2011 Cadillac CTS-V Coupe for a drive, nervous pangs in the stomach are the more likely physiological reaction. Full story...

The success of the Morgan Motor Company was founded on the manufacture of an icon, the Morgan Threewheeler. This brilliant but simple design by engineer Harry Morgan (HFS) became one of the most successful lightweight cars of the early days of motoring. From 1909 to 1953 around 30,000 Morgan Threewheelers were manufactured in Malvern and many more were made under license by Darmont Morgan in France. For many lucky owners it was their first experience of the freedom that car ownership could bring. Fast acceleration combined with a cruising range of over 50 miles to a gallon of petrol was an unbeatable combination in the day. On the race track the car became very successful, famously winning the French Grand Prix in 1913 and regularly lapping the banked Brooklands track at an average speed of over 100 mph. Stirling Moss who owned one is on record as saying "My Morgan was a great babe magnet". Full story...

Toyota brand boss Bob Carter said today the automaker will launch special leasing and purchase deals within weeks to boost flagging volume. Toyota Motor Sales U.S.A. reported October U.S. sales fell 4 percent from a year earlier. Full story...

ADESA Inc. has acquired Premier Auction Group, which includes six auction sites, and is building a greenfield auction site in Las Vegas, the used-vehicle auction giant said today. The acquired auction houses are Bay Auto Auction in Bay City, Mich. Full story...

American Suzuki halted its free fall last month by posting a 17 percent sales gain, its first monthly increase in more than two years. Suzuki sold 2,043 vehicles in October, compared with 1,748 in October 2009. Full story...

A few days before Christmas in 2000, BBK Ltd. founder B.N. Bahadur got a call from an assistant treasurer at Delphi. Full story...

U.S. Supreme Court justices signaled they may be divided, perhaps evenly, in a case involving Mazda Motor Corp. that could open automakers to more consumer lawsuits over vehicle safety. Full story...

The Morgan Motor Co. will relaunch the Morgan Threewheeler after a 58-year hiatus, the British automaker said on Wednesday. Full story...

General Motors has announced preliminary financial results for the third quarter that point to significant profit and have created the conditions for the start of its IPO. Full story...

General Motors has announced it has commenced a public share offering. The IPO is a key part of plans to repay the US government's US$50m bailout for the then bankrupt company in 2009. Full story...

General Motors has announced it has commenced a public share offering. The IPO is a key part of plans to repay the US government's US$50m bailout for the then bankrupt company in 2009. Full story...

Highlights from the SEMA show, and Subaru finds a new advertising theme . . . But Wait, There's More! Full story...

Honda unveiled a CR-Z hybrid outfitted with Mugen accessories at the Specialty Equipment Market Association show in Las Vegas and announced it will offer a limited run of 300 similarly styled kits this spring. Full story...

Nov. 2 was the latest release date announced for Gran Turismo 5, but it has sadly come and gone with still no game on store shelves. Full story...