Auto News 5

Electric sportscar maker Tesla Motors has delivered its 250th Roadster, and is now building 20 units a week, chairman and CEO Elon Musk said in a customer newsletter. Full story...

Production of MR2 stopped in 2007; new car will be a coupé instead of roadster

Full story...

China's Chery Automobile Co. remains interested in buying a foreign car brand such as Ford Motor Co.'s Volvo but refuses to get into a bidding war with rivals, the company's chief executive told Reuters today. Full story...

China's Chery Automobile Co. remains interested in buying a foreign car brand such as Ford Motor Co.'s Volvo but refuses to get into a bidding war with rivals, the company's chief executive told Reuters today. Full story...

Fiat SpA's plans to boost its presence in China have been stalled. China's Chery Automobile Co. has delayed a car joint venture project with the Italian automaker because of changing market conditions, its chairman said today. Full story...

Italian brake systems maker Brembo said its board will propose to shareholders a 19.6 percent cut to the dividend after net profit fell 38 percent last year. The board will propose a dividend of 0. Full story...

German state development bank KfW Bankengruppe has no plans to take a stake in General Motors' German unit Opel, KfW's CEO Ulrich Schroeder told a trade magazine today. Full story...

Subaru of America, the only automaker to boost U.S. sales last year, promoted its top American executive to the reinstated post of COO. Full story...

On March 6, Crain Communications announced that Automotive News Europe, a sister publication of Automotive News, is halting publication of its twice-monthly print edition. Full story...

General Motors Europe has hired consultancy Roland Berger to help tweak a proposed rescue plan for its Opel/Vauxhall business. Roland Berger will help GM Europe answer "open questions," about the plan the company said in a statement on Wednesday. Full story...

Like most fanatics, you are not ashamed to show the world your love of The Motor Company. Or, your pick-up is running out of steam while dragging the trailer you use to move your precious Harley around. Either way, Navistar has just announced the answer to your dilemma, if not your prayers: the « Harley-Davidson Special Edition » tractor truck, complete with suitable paint job and classic accessories straight from Harley-Davidson in Milwaukee. Full story...

Tesla will unveil its Model S prototype sedan March 26 at the Tesla design studio inside the SpaceX rocket factory, in Hawthorne, Calif. This is going to be a historic event for car enthusiasts; the Model S will likely be the world's first mass-produced, highway-capable EV when it rolls off the assembly line in late 2011. Full story...

Although wireless Internet is not a bad thing at all, using it in a motor vehicle might be. GM can claim that their system is designed for use by passengers, the only person who would really need it, and will use it most, is the driver. There already are too many distractions in a techno-filled vehicle to divert the person behind the wheel's attention, such as Bluetooth, navigation systems as well as lane-departure and blind-spot monitors. Full story...

Tesla will unveil its Model S prototype sedan March 26 at the Tesla design studio inside the SpaceX rocket factory, in Hawthorne, Calif. This is going to be a historic event for car enthusiasts; the Model S will likely be the world's first mass-produced, highway-capable EV when it rolls off the assembly line in late 2011. Full story...

Danica Patrick is now in her last year of the contract she signed with Andretti Green Racing and much speculation is clouding her future, either with Michael Andretti's team or in the IndyCar series. Full story...

Japanese driver Kazuki Nakajima set the quickest time of the day - and the week - at the Jerez circuit in southern Spain. His Williams-Toyota smashed the time set by the new Brawn-Mercedes of Jenson Button. Full story...

The Who Works In Sports Guides are pleased to announce the release of the 2009 edition of "Who Works in Formula One". Full story...

COLOGNE, Germany - "The all-new Fiesta is one of the most stylish cars in the world." That is the verdict of 28 leading designers and design experts from 19 countries who have awarded the eye-catching Ford model a prestigious 'red dot' award for international product design. Full story...

Like most fanatics, you are not ashamed to show the world your love of The Motor Company. Or, your pick-up is running out of steam while dragging the trailer you use to move your precious Harley around. Either way, Navistar has just announced the answer to your dilemma, if not your prayers: the « Harley-Davidson Special Edition » tractor truck, complete with suitable paint job and classic accessories straight from Harley-Davidson in Milwaukee. Full story...

Alex Tagliani was in Edmonton yesterday to give a hand in promoting the sale of tickets for the upcoming Rexall Edmonton Grand Prix and the veteran driver believes he is close to securing enough sponsorship which would see him return full-time to the IndyCar Series this year. Full story...