Austrian steelmaker Voestalpine said on Thursday it expects net profit to vanish in the 2009/10 business year after remaining profitable in its fourth quarter to March, defying the steel sector trend.
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Austrian steelmaker Voestalpine said it expects operating losses in the six months to September after profits evaporated in its fourth quarter to March, prompting the company to halve its dividend.
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Mazda said on Wednesday that Neil Warrior, the company's head of European product communications, was traveling on an Air France flight that crashed near Brazil.
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General Motors CEO Fritz Henderson reluctantly agreed Wednesday to comply with a senator's request to turn over the bankrupt automaker's list of dealerships to be eliminated.
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Industry experts predict that the Jaguar XF will be worth more than any of its competitors in the years to come.
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Turin, Italy - Auto123 recently paid a visit to the Fiat Powertrain Technologies Division (FPT) of Centro Ricerche Fiat (research center), headed by Executive Vice President, Dr. Rinaldo Rinolfi.
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The Toyota Formula 1 team unveiled their F109 car fitted with new rear wing endplates in Istanbul.
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Gil de Ferran has made no secrets of his intention to run an IndyCar team next year and he'd like to hire a former series' champion.
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Sir Jack Brabham and his family have left open the door to legal action after it emerged that a company aims to take their famous surname back to the formula one grid in 2010.
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Honda commemorates 50 years of World Championship racing with a very special site, featuring rare video footage and photographs from decades past, and unseen close-up racing machine videos and photographs.
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Mario Theissen on Thursday said the Formula 1 crisis remains "critical", but another interesting detail emerged during his meeting with the press at Istanbul Park.
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Do by all means take along your dog when you set off on your motoring holiday. Most dogs like riding in cars. But just like for the other passengers, it is important that your pet travels safely. Volvo Cars has specially designed equipment that meets the needs of dogs and owners alike. In the USA, the Volvo XC90 and XC70 were even chosen as the market's dog-friendliest cars.
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It's an everyday maneuver that can add stress and elevate blood pressure in novice and veteran drivers alike. It's parallel parking.
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The new Volkswagen pickup, showcased as a concept last year and due to be launched in Europe in 2010, is to be called the Amarok.
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Even if the nine rebel FOTA teams do not race in formula one next year, there are already more than enough valid 2010 entries to potentially fill the grid.
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Former Formula 1 driver Alex Wurz will be lobbying both FIA officials and Bernie Ecclestone at the Turkish grand prix this weekend.
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Former World Champion, Canadian Jacques Villeneuve has nominated his favourites of Formula 1's latest generation.
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Fuji Heavy Industries Ltd. (FHI), the maker of Subaru automobiles, today announced the launch of its Subaru Plug-in STELLA electric vehicle (EV), which is equipped with a high-performance lithium-ion battery. The model will be sold in Japan directly through FHI. Delivery will start from late July and around 170 units of delivery in total will be planned in this fiscal year (by the end of March 2010).
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Three newly developed engines with direct injection will make the Mercedes-Benz C-Class even more efficient. They raise performance and driving enjoyment to a new level, while demonstrating exemplary economy and environmental compatibility.
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