Dec
6th
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Even though Honda's top brass decided to withdraw from Formula One, this decision to will not have any effect on the Repsol Honda MotoGP team. Full story...
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Dec
6th
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Temperatures and daylight have decreased, and Canada's motorists are now faced with the most challenging travel season of the year- winter. Though travelling at sub-zero temperatures through nasty weather conditions can be daunting, it can also be rewarding and relaxing- depending on your level of preparedness. Full story...
Dec
6th
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Last week, the three domestic automakers headed to Washington in order to present their turnaround plans and ask for billions of dollars in loans to keep them from bankruptcy. Now, the Canadian arms of Ford, General Motors and Chrysler are asking for financial support from the federal and Ontario governments. Full story...
Dec
6th
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Due to overnight storms, there is excessive flooding at the Dubai Autodrome today where the Sprint Race of the second round of the GP2 Asia Series was to take place at 1:10pm. Full story...
Dec
6th
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Even though Honda's top brass decided to withdraw from Formula One, this decision to will not have any effect on the Repsol Honda MotoGP team. Full story...
Dec
6th
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Volvo's conservative styling and luxury earned their products a loyal following- though unquestioned safety was also responsible in parking their machines in driveways across the country. Safety is serious business for the Swedes, and a Volvo wagon's always been a sure way to get the wife and kids around in complete and total safety. Full story...
Dec
6th
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Temperatures and daylight have decreased, and Canada's motorists are now faced with the most challenging travel season of the year- winter. Though travelling at sub-zero temperatures through nasty weather conditions can be daunting, it can also be rewarding and relaxing- depending on your level of preparedness. Full story...
Dec
5th
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Toyota Motor Corp. late today said it was cutting North American production of its best-selling cars including the Camry and Corolla sedans in response to rising inventories and a slump in sales. Full story...
Dec
5th
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DETROIT -- The exit of 5,000 salaried employees in the past week has created )x("",chaos within Chrysler LLC, and the company's suppliers are nervous about a potential bankruptcy filing, according to a report published today. Full story...
Dec
5th
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Ford Motor Co. is asking Canadian governments for a $2 billion (Canadian), or $1.57 billion U.S., line of credit to tap in the event of a worsening economy. Full story...
Dec
5th
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Civil rights leader Jesse Jackson wants the 4 million Americans he estimates will lose their jobs if the Detroit 3 go out of business to support the companies with massive, peaceful, public demonstrations. Full story...
Dec
5th
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German carmaker Mercedes-Benz said today that Formula One teams must cut costs by at least 50 percent over the next two years. Full story...
Dec
5th
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If the Detroit 3 close more plants in North America, Canada is likely to bear the brunt of it before the United States and Mexico do, an industry analyst said here this week. Full story...
Dec
5th
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General Motors says it will eliminate eight nameplates by 2012. But determining which vehicles will go isn't as simple as finding eight sales duds in GM's lineups. GM did not release a list of nameplates to be dropped. Full story...
Dec
5th
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Chrysler LLC confirmed today that it had hired global law firm Jones Day to assess financial alternatives -- and said the legal firm's analysis supports the auto industry stance that bankruptcy isn't a viable option. Full story...
Dec
5th
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Chrysler LLC retained the services of the international law firm Jones Day as bankruptcy counsel several weeks ago, The Wall Street Journal reported today, citing sources familiar with the matter. Full story...
Dec
5th
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Chrysler LLC CEO Bob Nardelli says 240 Chrysler dealers have been forced out of business this year because they could not get access to adequate financing. Full story...
Dec
5th
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Carmakers in India have slashed prices as the once booming industry struggles to maintain sales amid a slower economy and tighter credit. Full story...
Dec
5th
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Michigan Republican Representative Thaddeus McCotter has proposed a plan to give the US auto industry a much needed bridge loan while also punishing the financial industry for its handling of bail-out funds. Full story...
Dec
5th
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Democratic leaders of Congress indicated this evening they have reached agreement on a bailout plan for the Detroit 3. The accord would provide short-term loans to General Motors, Ford Motor Co. Full story...