VW is in talks to invest in Algeria, an Algerian minister said on Sunday. "Volkswagen is very insistent to come.
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VW extended CEO Martin Winterkorn's contract by five years, giving the executive time to complete a merger with Porsche and surpass Toyota as the world's biggest carmaker.
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Porsche SE rose the most in more than 16 months in Frankfurt after a U.S. judge dismissed two lawsuits claiming the sports-car maker misled short-sellers in its acquisition of Volkswagen AG shares in 2008.
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Aston Martin is in talks with Daimler over a partnership to build a new Maybach sedan that could debut at the 2011 Frankfurt auto show, press reports said.
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Volkswagen AG extended CEO Martin Winterkorn's contract by five years as he aims to complete a merger with Porsche SE and surpass Toyota Motor Corp. as the world's biggest carmaker.
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Ally Financial Inc., the former General Motors lending unit, moved closer to regaining its independence as the U.S. government converted $5.5 billion of preferred stock into common shares. The Treasury Department is looking to recover its $17.
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Sometimes a new car comes along, and although it doesn't take your breath away in any aspect, the way it accomplishes everything you ask of it is what makes it special. The Fiesta is like that.
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Johnson Controls, a leading global supplier of automotive interior systems and electronics, announced that it has signed a purchase agreement to acquire KEIPER and the automotive sport and specialty seat business of Recaro.
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A clean and tidy engine bay is always pleasing. This explains the engine-cover fad that has taken over where ignition wires and valve covers have left off.
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Paul di Resta and Adrian Sutil will race Force India's 2011 cars, with Nico Hulkenberg moving into the third cockpit role.
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Fernando Alonso has landed himself in a controversy within the Spanish-language media. After arriving in a private jet for a holiday on the small Portuguese island of Porto Santo, the Ferrari driver lost his temper with a group of paparazzi photographers as he walked through the airport.
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Jos Verstappen has backed Ferrari's push to allow top teams to enter third cars in formula one.
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The Daytona International Speedway was repaved recently with a first test on the surface held less than a month ago. The results of that test were impressive and promise a great spectacle on January 29-30.
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Mercedes has become the second team to have reportedly passed the mandatory FIA crash tests with its 2011 car.
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Volkswagen AG extended CEO Martin Winterkorn's contract by five years as he aims to complete a merger with Porsche SE and surpass Toyota Motor Corp. as the world's biggest carmaker.
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VW CEO Martin Winterkorn will continue to lead Europe's largest automaker for an additional five years, after the company extended his contract.
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Nico Rosberg is confident of a more successful season for Mercedes in 2011, but more than 70 per cent of those surveyed by the major German news agency SID do not believe Michael Schumacher will win an eighth world title in 2011.
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The first-generation Kia Sorento was known for its rugged character, roomy interior and relatively thirsty engine. Launched earlier this year, its successor proves more efficient and more spacious while offering 4- and 6-cylinder engines and available all-wheel drive.
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The proposal of introducing plexiglass windscreens for the cockpits of Formula 1 cars, which was revealed by Italian reports about a week ago, could be replaced by a more simple head protection on both sides of the cockpit.
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The 2012 US grand prix could be good news for the son of an Irish former formula one driver. 57-year-old Derek Daly drove in the late 70s and early 80s for the likes of Tyrrell and Williams, later becoming a US citizen after switching to the CART series and settling in Indiana.
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