WASHINGTON (Reuters) -- The U.S. government is still studying how to help the ailing Detroit 3 with cash earmarked for banks, officials said today. They gave no hints that a rescue was imminent.
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The Bush administration could act as early as Wednesday to approve an automaker bailout from its bank rescue fund, with conditions likely to reflect at least those approved by the U.S.
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Chrysler LLC co-President Jim Press said Monday that the company is not reviving its controversial )x("",sales bank for new vehicles that had been produced without dealer orders.
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Robby Gordon Motorsports announced Tuesday that it will partner with Toyota beginning in the 2009 Sprint Cup Series season.
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The Parts Canada Superbike Championship brings a new venue onto its 2009 schedule as the national road racing series makes a return to Quebec soil following a one-year absence.
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Japanese car manufacturer Subaru has announced its decision to withdraw from the 2009 FIA World Rally Championship.
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Swiss driver Sébastien Buemi again set the fastest time of the day in Jerez de la Frontera in day 2 of the final test session of the 2008 season.
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Robby Gordon Motorsports announced Tuesday that it will partner with Toyota beginning in the 2009 Sprint Cup Series season.
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The Parts Canada Superbike Championship brings a new venue onto its 2009 schedule as the national road racing series makes a return to Quebec soil following a one-year absence.
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Volvo Canada has just signed a deal with Aeroplan where the automaker will offer Aeroplan miles to Canadians who test-drive, buy or lease a Volvo between January 1 and March 31, 2009.
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Canadian race car driver Robert Wickens will compete in the new FIA Formula 2 series in 2009 as part of the Red Bull effort.
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JVWAP, a unique news service about Canadian race car driver Jacques Villeneuve, has been launched on December 16. According to the creators, JVWAP has been carefully designed to provide outstanding access to Jacques Villeneuve via a cell phone.
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Canadian race car driver Robert Wickens will compete in the new FIA Formula 2 series in 2009 as part of the Red Bull effort.
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The Fédération Internationale de Motocyclisme (FIM) has published the entry list for the 2009 MotoGP Championship, confirming a 19-rider field.
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FIA President Max Mosley has revealed that he is not personally in favour of Formula 1's impending ban on in-race refuelling in 2010.
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The FIA, Formula 1's governing body carried out some random anti-doping tests during testing at Jerez de la Frontera circuit in Spain last week.
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With great enthusiasm, Mitsubishi has opened a new point of sale in Ontario, more specifically in Barrie. Applause greeted the president and head of management of vehicle sales for Mitsubishi Canada, Mr. Koji Soga, and the vice-president of sales, marketing and business planning, Mr. Tomoki Yanagawa. Also present were the three appointed Barrie dealers: Steve Boseovski, Tony Boseovski and Scott Ferguson.
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Japanese car manufacturer Subaru has announced its decision to withdraw from the 2009 FIA World Rally Championship.
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The AT&T Williams Formula 1 team has denied reports that Angolan driver Ricardo Teixeira is slated to test with the British formula one team next year.
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Gas prices are rising and falling... and rising again and falling again. Small fuel-efficient cars, or econoboxes, offer a golden opportunity to become immune to this yo-yo. Since 2004, the Toyota Yaris has been dominating the market, easily overtaking such rivals as the Hyundai Accent and Nissan Versa.
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