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May
19th

Ferrari Testa Rossa breaks auction record

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It’s the most expensive car ever to sell at auction. This black 1957 Ferrari 250 Testa Rossa has just been bought at the famous Leggenda e Passione auction in Maranello by an unknown bidder.


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May
19th

Electrifying Le Mans racer

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Swedish concept aims to prove battery-powered cars can compete at the pinnacle of motorsport


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May
19th

Spied: Volkswagen Touareg put on a diet for redesigned 2011 model:

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Volkswagen engineers have put the Touareg on a diet as they prepare the next generation of the SUV for a 2010 launch as a 2011 model. Full story...
May
19th

Daimler takes 10 percent stake in EV maker Tesla:

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Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. Full story...
May
19th

GERMANY: Daimler takes c10% stake in Smart EV partner Tesla

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Daimler on Tuesday said it had acquired an equity stake of nearly 10% of California-based electric sportscar maker Tesla Motors. Full story...
May
19th

GERMANY: Porsche investor talks “promising”

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Porsche Automobil Holding SE is conducting "promising talks" with a potential investor, a company spokesman was quoted as saying on Tuesday. Full story...
May
19th

Audi reveals killer Q5 concept:

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Audi has provided the strongest hint yet that it plans to crown its Q5 lineup with an RS model by revealing a one-off, 408-hp, supercharged 3.0-liter V6 concept version of its compact SUV. Full story...
May
19th

Cadillac, Lexus score high in satisfaction survey:

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Cadillac buyers are the most satisfied with their choice of vehicle brand, owners of the Cadillac Escalade are the happiest among truck buyers, and buyers of the Lexus LS sedan are the happiest car owners, according to the latest satisfaction survey... Full story...
May
19th

U.S. set to raise fuel-economy standard:

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Government regulators will get their prize of higher fuel-economy standards, and automakers will get the certainty of a national emissions standard, under new rules to be proposed Tuesday by President Barack Obama. Full story...
May
19th

Continental’s Hanover tire plant safe until end of 2010

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German partsmaker Continental's tire plant in Hanover, Germany, will remain open at least another year. On Tuesday, the company and worker representatives announced that the plant will keep operating until the end of 2010. Full story...
May
19th

Saab whittles list of suitors to 3

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Saab has selected three suitors for continued talks as it searches for a new owner, the money-losing General Motors unit said in a court filing on Tuesday. Full story...
May
19th

Saab says it has selected 3 suitors

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Saab has selected three suitors for continued talks as it searches for a new owner, the loss-making General Motors unit said in a court filing on Tuesday. Full story...
May
19th

Conti’s Hanover tire plant safe until end of 2010

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German partsmaker Continental's tire plant in Hanover, Germany, will remain open at least another year. On Tuesday, the company and worker representatives announced that the plant will keep operating until the end of 2010. Full story...
May
19th

GM’s Saab says talks proceeding with 3 suitors

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Swedish carmaker Saab has selected three suitors for continued talks as it searches for a new owner, the loss-making General Motors unit said in a court filing on Tuesday. Full story...
May
19th

Daimler buys 10% of EV maker Tesla

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Daimler AG said today it has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc. Full story...
May
19th

Daimler takes 10% stake in EV maker Tesla

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Daimler AG said today it has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc. Full story...
May
19th

Daimler takes 10% stake in Tesla

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Daimler AG said today it has acquired an equity stake of nearly 10 percent of Tesla Motors Inc. Full story...
May
19th

Alfa Romeo 149 spied

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The MiTo's bigger brother is getting closer to production and shaping up to be a real stunner


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May
19th

Marchionne fails to convince Opel labor on Fiat takeover bid

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Union leaders who met Tuesday with Fiat CEO Sergio Marchionne in Frankfurt said they are still not convinced the Italian company's takeover bid is the best for Opel. Full story...
May
19th

Hard times call for a little parody

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Times being what they are, it can feel like a tragedy at times in the auto industry. So obviously it's time for a little humor. Full story...
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