The European auto industry does not expect a quick recovery this year, said Dieter Zetsche, president of the Brussels-based industry body ACEA. "If the economy looks better in 2010, it's only when compared with 2009.
Full story...
VW suffered a worse than expected 71 percent drop in operating profits last year, but predicted a rebound this year as new models boost sales volumes.
Full story...
Ontario is supporting the next phase of the transformation of the Ford Essex engine plant, which is expected to create and retain up to 757 new jobs over five years.
Full story...
The special BlueEFFICIENCY display, at Britain's largest automotive brand experience centre brings together the latest cutting-edge technology aimed at reducing and ultimately eliminating CO2 emissions.
Full story...
The sun seems to be setting on the competent, but shy Galant. It's Mitsubishi's Camry/Honda challenger, though it's hardly been a threat. It debuted in its current-generation format in 2004, and for 2010, it is only available in one model -- the 2.4-litre I4 equipped ES -- which was last year's base model.
Full story...
If the mid-size Lexus ES 350 has a particular mission, it's to deliver maximum driving pleasure for minimum financial hardship - provided that your concept of "driving pleasure" includes being heavily insulated against the harshness inherent in riding within a mechanized container.
Full story...
Sometimes the job is more difficult than it looks or needs to be. My youngest son's girl friend has an older Magentis. She bought it used and so far it has been reliable, but she just hasn't had the money to spend on maintenance. This year's bonus was to go repairs, one high beam, one low beam, an oil change, and an air filter.
Full story...
Rain threatened to put a dampener on the Barcelona test early on Saturday, but the 2010 pecking order was also clouded. "P1 today is nice but means nothing, to be honest," Williams' Nico Hulkenberg said after topping Friday's timesheets.
Full story...
For 48 hours Kurt Busch has bragging rights in the Busch family household as he and 17 other drivers shattered the track record in qualifying for the 400 mile Las Vegas NASCAR Sprint Cup race.
Full story...
Stefan GP on Saturday continued its feisty push to race in formula one in 2010. Amid rumours the Serbian outfit may not have sent containers of equipment to Bahrain for the first race as it earlier claimed, copies of the actual transport orders were published on Stefan GP's official website.
Full story...
German driver Nico Rosberg, Michael Schumacher's teammate at Mercedes GP, set on Saturday the fastest time of day 3 of the last Formula 1 winter test held at Barcelona in Spain.
Full story...
As the headlines talk about the failing USF1 team, Campos' push to get two cars to Bahrain, and the hopeful and feisty Stefan GP, Australian driver Mark Webber admitted he sees the sport's situation as "totally mad". "I've always been a massive believer that you need quality, not quantity," said the Red Bull driver.
Full story...
Michael Schumacher apologised for taking the race seat he was hoping to occupy in 2010, Nick Heidfeld has revealed. With Schumacher returning to F1 this year, the German pair are united this year at Mercedes GP, with 32-year-old Heidfeld in the reserve role.
Full story...
Former Formula 1 World Champion Jacques Villeneuve is ready to travel to Cologne in Germany to have his seat made at Stefan GP.
Full story...
Stefan GP on Saturday continued its feisty push to race in formula one in 2010. Amid rumours the Serbian outfit may not have sent containers of equipment to Bahrain for the first race as it earlier claimed, copies of the actual transport orders were published on Stefan GP's official website.
Full story...
As the headlines talk about the failing USF1 team, Campos' push to get two cars to Bahrain, and the hopeful and feisty Stefan GP, Australian driver Mark Webber admitted he sees the sport's situation as "totally mad". "I've always been a massive believer that you need quality, not quantity," said the Red Bull driver.
Full story...
Jeep dealers face a shortage of Wrangler hardtops in the next several months because of a and#8220;supplier constraint,and#8221; the company said in a memo to dealers yesterday. The memo advised dealers to order softtop Wranglers during the period.
Full story...
Stronger fourth-quarter sales and earlier cost-cutting efforts helped wheel supplier Superior Industries International Inc. cut its loss in the fourth quarter. The company reported today that its full-year 2009 net loss was $94.
Full story...
Internet lead generator Autobytel Inc., which hasn't turned an annual profit since 2004, continued its drought in 2009 after reporting a net loss in the fourth quarter.
Full story...