Partsmaker Valeo, whose management has come under pressure from an activist shareholder, has the support of France's FSI strategic investment fund, FSI's chairman said.
Car sales in China rose 6.2 percent in June from a year earlier, reversing a decline in May, helped in part by the improved availability of Japanese cars as automakers such as Toyota gradually recovered lost output.
A Visteon hedge fund shareholder that will get two board seats soon has been pushing to break up the U.S. auto parts supplier, betting the company has more value in pieces than as a whole, people close to the situation said.
The all-new 2012 Ford Focus has now officially hit Canadian roadways, and it's readily been answering the call of shoppers demanding more European-influenced small cars on our shores. With the 2012 Focus, the last-generation model has effectively transitioned into the used car marketplace--and will now take a place under our weekly used-car microscope.
As summer rages on in all its glorious sunshine-y-ness, the need to BBQ is felt in neighbourhoods across the country. The smell of meat charring up on the grill is something one immediately associates with a cold beer, bright sunshine and bikinis - or maybe that's just us. Either way, BBQs are the bee's knees in the warmer months and we at Auto123 have found the ultimate backyard griller.
Red Bull, whose representatives were furious getting out of a technical meeting with Charlie Whiting this morning, have finally proven that they did not really need their blown exhaust to dominate this season... at least not in qualifying!
American Jason Bowles earned his first NASCAR Canadian Tire Series pole position in career on Friday ahead of Saturday's Streets of Toronto 100. He even broke Andrew Ranger's track record from last year.
As the blown exhaust row between Red Bull and McLaren subsided late on Friday, the latter team was already working hard to catch up with the ever-changing rules. Red Bull figures were furious Saturday ahead of qualifying after the controversial 50 per cent concession for their exhaust blowing solution was withdrawn.
With more power and better fuel economy, the 2012 edition of the E-Class Sedan, Wagon, Coupe and Cabriolet models will benefit from two new engines.
Bernie Ecclestone has refused to criticise Silverstone after an apparently major design flaw with the venue's new facilities emerged on Friday.
Chris Dyson captured the pole position of the American Le Mans Series race at Lime Rock Park, his team's homecoming.
The FIA has proposed to scrap its controversial mid-season clampdown on blown exhausts.
A vague regulation was cleared up at Silverstone after Lewis Hamilton and Mark Webber were summoned by the stewards.
Despite having the dominant car Friday night at Kentucky Speedway, race winner Brad Keselowski said it all came down to a fuel mind game between him and Kevin Harvick.
Pole master Rick Taylor, 21, managed to get his team a fourth consecutive pole position in Lime Rock on Friday. Max Angelelli and he will be looking for a third victory in four races on Saturday.
Pole master Rick Taylor, 21, managed to get his team a fourth consecutive pole position in Laguna Seca on Friday. Max Angelelli and he will be looking for a third victory in four races on Saturday.
Toyota's Lexus brand will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami. Lexus officials expect U.S.
Missouri Gov. Jay Nixon on Thursday signed into law legislation aimed at toughening oversight of the extended service contract business. As of Jan.
Thirty lucky kids learned to drive classic cars at the Automotive Hall of Fame in Dearborn, Mich., on Friday in celebration of Collector Car Appreciation Day.
Thirty lucky kids learned to drive classic cars at the Automotive Hall of Fame in Dearborn, Mich., on Friday in celebration of Collector Car Appreciation Day.
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