Volkswagen has halted tie-up talks with Porsche. A VW spokesman said on Sunday that Porsche is not ready for a merger. The two companies had planned to meet on Monday to develop plans for a tie-up.
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Honda Motor Co.'s earnings will hit bottom this year and improve beyond that as demand in the United States returns in the second half, CEO Takeo Fukui said.
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The Canadian Autoworkers union said a number of key issues remain unresolved as talks continue with embattled General Motors on a deal that will cut the automaker's costs.
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General Motors' Opel unit might make cars for other manufacturers if Magna International becomes its partner, German newspaper paper Welt am Sonntag reported.
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General Motors' Opel unit might make cars for other manufacturers if car parts supplier Magna International becomes its partner, German newspaper paper Welt am Sonntag reported, citing unidentified sources close to Magna.
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The decisions by General Motors and Chrysler LLC to close more than 2,300 dealerships within the next 18 months will put pressure on vehicle prices, said AutoNation Inc. CEO Mike Jackson. "It's extremely painful in the short run and very disruptive.
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As expected, the NASCAR All-Star 100-lap contest was pretty quiet until the very last 10-lap segment run Saturday evening at the Lowe's Motor Speedway in North Carolina.
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Tom Kristensen's Audi A4 grab victory in Hockenheim, first round of the 2009 DTM championship. Mathias Ekström lost his leadership after a puncture in the last laps. Even a great catch-up was not enough for Bruno Spengler who was forced to retire because of a broken suspension.
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In what has been one of the most dramatic Bump Day qualfiying session in years, Alex Tagliani was squeezed out of the Indianapolis 500 field in the final moments of the afternoon when many drivers improved their times to push the canadian on the bubble.
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Tom Kristensen's Audi A4 grab victory in Hockenheim, first round of the 2009 DTM championship. Mathias Ekström lost his leadership after a puncture in the last laps. Even a great catch-up was not enough for Bruno Spengler who was forced to retire because of a broken suspension.
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As expected, the NASCAR All-Star 100-lap contest was pretty quiet until the very last 10-lap segment run Saturday evening at the Lowe's Motor Speedway in North Carolina.
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In a confidential letter, the chairman of the British Racing Drivers' Club has reportedly proposed to sell the 2009 grand prix venue Silverstone.
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F1's insurgent teams will be back in deep conference early this week, as the battle over a budget-capped future continues. Following the meeting with Max Mosley and Bernie Ecclestone last Friday in London, the FOTA members have now resolved to sit down in Monaco on Tuesday, ahead of the Principality's famous grand prix.
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Rob Huff and Alain Menu's Chevrolet were the winners of a hectic week-end in Pau. No less than nine drivers saw their qualifying time cancelled yesterday for "abnormal technicalities." Priaulx, who had set pole, was one of them. But this was only the beginning...
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An exciting new 30-second Mitsubishi TV commercial, entitled "Blend," aired on April 27th on select national cable networks. The new spot showcases the Lancer sedan and highlights its distinctive styling and exhilarating performance, while also touting the Lancer's recent Intellichoice ranking over Mazda, Subaru and even BMW.
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We can say that the new XC60 is another step towards the automobile that drives itself. That's good and bad news at the same time; good because some people are too busy or too incompetent to drive, bad because we'd be missing out on a good vehicle.
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Audi's boss thinks Volkswagen CEO Martin Winterkorn should head a combined VW and Porsche, a magazine reports.
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General Motors' Opel unit could go bankrupt if competing business plans for the carmaker from Fiat S.p.A. and Magna International are both unsuitable, Germany's Economy Minister was quoted as saying.
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Thousands of workers from Italy's auto group Fiat marched through the streets of Turin on Saturday shouting for job guarantees as the company moves to create what would be the world's second-biggest auto maker.
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Pennyslvania has 53 Chrysler LLC dealerships slated for closing on June 9, more than any other state.Here's a state-by-state count from the National Automobile Dealers Association:
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