Auto News 5

Japanese squad pulls out of Formula One as economic crisis tightens its grip. Full story...

The success of premium-priced small cars and the Smart car has prompted Mercedes-Benz to consider introducing the next generation of A- and B-class models in North America. Full story...

Busy Toyota stand includes clever range-topping iQ. Full story...

Good to talk with clever new sat-nav. Full story...

1966 Citroen DS21 Chapron Decapotable - Bonjour, Mademoiselle

Road trips are unpredictable. Affection is uncontrollable. And love - love! - is a 1966 Citron DS21 Chapron Dcapotable.

This is a story of how I fell in love with a car.

Photo Gallery: 1966 Citroen DS21 Chapron Decapotable - Citroen Vintage DS Convertible - Automobile Magazine

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Volkswagen's Czech unit Skoda Auto will cut 3 percent of its workforce, or 870 employees next year, daily Mlada Fronta Dnes reported, citing a union chief. Full story...

Honda Motor pulled out of Formula One racing Friday to save more than $978 million a year as it scrambles to cut costs amid the global market meltdown. Full story...

Toyota Canada Inc. cut the ribbon on a new C$1.1 billion ($859 million) assembly plant in Woodstock, Ontario on Thursday, bringing about 1,200 new jobs to a sector that has been losing jobs rapidly. Full story...

TRW Automotive Holdings Corp. withdrew full-year earnings and sales forecasts on Thursday due to the upheaval in global automotive markets that has forced vehicle producers to cut production. Full story...

Jari-Matti Latvala emerged from the Welsh forests this evening as overnight leader of Wales Rally GB, with a 12.9sec lead over second placed man Sebastien Loeb. Full story...

The 2008 battle for the manufacturers' championship in NASCAR's Sprint Cup started in a very unusual way last January. Full story...

Penske Racing today announced that the organization would campaign the No. 7 Penske Porsche Riley Daytona Prototype in the 2009 Grand-Am Rolex Sports Car Series. Full story...

KV Racing Technology's general manager, Mark Johnson, has told the Indianapolis Star that the team's co-owners, Kevin Kalkhoven and Jimmy Vasser, have expressed their desire to be back in the Indycar series and to be on the starting grid at St. Petersburg. Full story...

Jari-Matti Latvala emerged from the Welsh forests this evening as overnight leader of Wales Rally GB, with a 12.9sec lead over second placed man Sebastien Loeb. Full story...

KV Racing Technology's general manager, Mark Johnson, has told the Indianapolis Star that the team's co-owners, Kevin Kalkhoven and Jimmy Vasser, have expressed their desire to be back in the Indycar series and to be on the starting grid at St. Petersburg. Full story...

One year after the launch of the Karma Concept, Fisker will unveil the production model at the 2009 NAIAS, in Detroit. The revolutionary Karma becomes the world's first premium sports sedan to use a hybrid powertrain. Performance promises to be outstanding with a 260-horsepower, 2.0-liter, 4-cylinder engine mated to 22.6-kW lithium-ion battery. Total output exceeds 400 horsepower (408) while accelerations from 0 to 100 km/h are completed in 5.8 seconds. Full story...

Penske Racing today announced that the organization would campaign the No. 7 Penske Porsche Riley Daytona Prototype in the 2009 Grand-Am Rolex Sports Car Series. Full story...

British company Cosworth has won the tender to supply a low-cost engine and transmission package in 2010 and beyond, formula one's governing body announced on Friday. Full story...

British company Cosworth has won the tender to supply a low-cost engine and transmission package in 2010 and beyond, formula one's governing body announced on Friday. Full story...

Honda announced on Friday morning its shock withdrawal from formula one. Full story...