Shares of Tesla Motors retreated 13 percent on Friday. It was the third straight decline following a first-day surge of 41 percent for the electric-car company, the first U.S. automaker to complete an IPO in more than a half century.
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Fiat will launch the spin-off of its truck and farm equipment activities later this month, aiming to have two listed companies by the year-end, an Italian newspaper said.
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More than 342,000 cars made by BMW AG and Mazda Motor Corp. are under investigation by the U.S. auto safety regulator for possible steering defects that could lead to loss of vehicle control.
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In a close cooperation with TECHART Automobildesign, Continental developed a performance tire, which is specially designed for sport driven use: the ContiForceContact.
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Toyota's Scion brand might be unfamiliar to most Canadians-- though many copies of their models have found their way across the border from the US, and Toyota is planning to start Scion sales in major Canadian cities soon. The Japanese brand started in the US a few years ago, and intended to focus on a youthful and expressive shopper that demands uniqueness, customizability and a sense of community.
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Dale Earnhardt Jr. brought a smile to NASCAR fans as he wheeled an homage to his late father into Victory Lane on Friday night at the Daytona International Speedway.
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Mario Theissen, BMW motorsport director, took part to a meeting with deciders from Mercedes and Audi and DTM organizers ITR members, during the 4th round of the DTM season at the Norisring.
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NASCAR Canadian Tire Series double-champion and owner of six road course wins, Andrew Ranger has won the pole for the K&N East Series K&N 100 at Lime Rock Park.
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The Balearic Islands could become the next location for a formula one race.
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Kevin Harvick, the Sprint Cup points leader will start from the pole since NASCAR officials cancelled qualifying for the Daytona 400 due to rain.
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Ralf Schumacher (C Class Mercedes) clinched his first pole position in DTM at the Norisring, just ahead his team mate, Canadian Bruno Spengler, championship leader.
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Ferrari has denied that Nicholas Tombazis is being replaced.
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Will Power earned Penske's its eight consecutive pole of the current IZOD IndyCar season at the Watkins Glen road course today followed by team- mate Helio Castroneves and Ryan Briscoe.
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Litigious and confrontational dealer aside, arbitrator decides viable New York store should reopen because "the best thing for Chrysler and the public is to get Chrysler back to financial stability as soon as possible.'
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SENIOR EDITOR FOR NEWS BOB GRITZINGER: This is one built-to-the-hilt SUV, with more gadgetry going on than most owners will likely ever need, let alone master.
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GM's new marketing chief taps Minneapolis-based Fallon to raise Cadillac profile. The Publicis Group agency had spent just seven months on the Chrysler brand account
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It was the end of the line for an icon. Clad in custom bronzed gold paint, the final current-generation Dodge Viper rolled off the assembly line Thursday in Detroit.
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Land Rover shows us the new Range Rover Evoque, BMW loads up on carbon fiber for the MegaCity Vehicle, and we get some seat time in the Ford Mustang Shelby GT500 . . . But Wait, There's More!
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General Motors Co. gave stock valued at $6.66 million to 14 top managers, including $1.33 million worth to CEO Ed Whitacre. The 123,347 shares were valued at $53.
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