UPDATE: To see a YouTube video of Ford's Active Park Assist in action, click on this link: www.youtube.com/watch?v=xW-MhoLImqg
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General Motors has received 10,000 advance orders for its new Camaro sports car, which offers 300 horsepower on a V-6 engine in the base model. But there may be a little glitch.
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Lear Corp. paved the way last week to issue up to $500 million worth of new securities.
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Nissan's shorter, wider and more powerful 370Z sports car comes with a slightly higher sticker price as it rolls out today for the 2009 model year.
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Just hours after GMAC LLC accepted a $6 billion government bailout package designed to enable more consumer car loans, General Motors announced new incentives. GM said today it is offering 0 percent financing through Monday, Jan.
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GMAC today said it will immediately begin providing auto financing for more U.S. consumers, a day after agreeing to sell a $5 billion stake to the government.
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Lexus' first supercar is still going into production despite the financial crisis.
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Nissan's shorter, wider and more powerful 370Z sports car comes with a slightly higher sticker price as it rolls out on Tuesday for the 2009 model year.
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Malaysian national carmaker Proton has appointed Mohd Nadzmi Mohd Salleh as chairman effective Jan. 1, the firm said on Tuesday. Mohammed Azlan Hashim, Proton's current chairman, steps down on the same day, the company said.
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Germany's powerful auto industry and the engineering union IG Metall jointly urged Chancellor Angela Merkel on Monday to offer speedy and decisive support for the sector, which is suffering from a collapse in global demand.
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Hyundai and affiliate Kia set their 2009 sales target at a combined 4.35 million vehicles, up 4 percent from their estimated 2008 sales, news service eDaily reported on Tuesday.
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Hyundai and affiliate Kia set their 2009 sales target at a combined 4.35 million vehicles, up 4 percent from their estimated 2008 sales, news service eDaily reported on Tuesday.
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Jenson Button should consider sitting out the 2009 season rather than racing for an uncompetitive team.
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Italian motor racing figures have welcomed reports that Fernando Alonso is headed to Ferrari in the future.
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Red Bull Technology's 2009 formula one car, to be used by the energy drink company's two teams next year, will not roll out of the Milton-Keynes factory until March.
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Japanese manufacturer Kawasaki is on the verge of announcing that it is quitting the MotoGP championship with immediate effect and details of the withdrawal are expected to be made public on January the 5th.
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With the intent to help the domestic automotive industry become financially viable, the US Treasury Department has said that they'll commit some $6 billion in taxpayer dollars to GMAC LLC.
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Jenson Button should consider sitting out the 2009 season rather than racing for an uncompetitive team.
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Italian motor racing figures have welcomed reports that Fernando Alonso is headed to Ferrari in the future.
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Red Bull Technology's 2009 formula one car, to be used by the energy drink company's two teams next year, will not roll out of the Milton-Keynes factory until March.
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