Auto News 5

Former Formula 1 driver and current NASCAR racer Juan Pablo Montoya has confirmed he has received and turned down offers to return to formula one. Full story...

The 2009 Volkswagen Jetta TDI has just won the Green Car Journal's Green Car of the Year award. The editors of the Green Car Journal had chosen five finalists, but in the end the Jetta was recognized as the best of the best. Full story...

Former Formula 1 driver and current NASCAR racer Juan Pablo Montoya has confirmed he has received and turned down offers to return to formula one. Full story...

In his first interview since breaking his leg last weekend, Australian Formula 1 driver Mark Webber insists the injury will not stop him taking to the grid for the first race of the 2009 season. Full story...

The 2009 Volkswagen Jetta TDI has just won the Green Car Journal's Green Car of the Year award. The editors of the Green Car Journal had chosen five finalists, but in the end the Jetta was recognized as the best of the best. Full story...

Although they were forced to retire from last weekend's Tall Pines Rally, four victories in the North American Rally Championship this season were enough for Quebecers Antoine L'Estage and Nathalie Richard to clinch the prestigious title in front of American Ken Block. Full story...

Brazilian Formula 1 driver Rubens Barrichello has this week continued his tirade against the Scuderia Ferrari and Michael Schumacher. Full story...

Unlike the early days of Street Rod, Pole Position and Top Gear, video game consoles like the Xbox 360 and PLAYSTATION 3 are now packing more graphical processing power than the average supercomputer. Consumers have never been closer to a dazzling and realistic gaming experience- especially when the latest consoles are combined with the current breed of dazzling high-definition TV sets and ear-shattering surround-sound systems. Full story...

People looking for a solution to rush-hour traffic and jammed city streets won't buy a Volvo C30 for the same reasons they would buy a Toyota Yaris. The latter is a rational pick based on affordability and fuel efficiency. Full story...

The six automakers that have pulled out of this year's Detroit auto show do not affect the long-term need for a Cobo Center expansion, says the show's co-chairman. Full story...

Nissan North America has dropped out of next year's Detroit and Chicago auto shows, citing depressed economic conditions. The decision makes Nissan the biggest automaker to skip out on Detroit's North American International Auto Show. Full story...

President-elect Barack Obama said today that he -- like members of Congress -- was surprised that the Detroit 3 CEOs were so ill-prepared for their crucial hearings last week on federal aid to the industry. Full story...

It all started with a surprise announcement. On September 24, 2005, Porsche said it planned to buy a 20 percent stake in Volkswagen, Europe's largest automotive group. Full story...

The workers at Porsche and Volkswagen group have different opinions over who should run the joint holding company for the two carmakers. Full story...

Here's a timeline of the dealings in the Porsche-Volkswagen merger. Full story...

General Motors has notified its dealers that if they want dealer cash on certain models, they must order more inventory on other models. GM's motive is to drive sales, but some dealers say the program could lead to competitive disadvantages. Full story...

Here's a look at the key players in the Porsche-Volkswagen merger: Full story...

U.S. auto sales for November will drop more than 25 percent for the third-straight month, auto information site Edmunds.com said today. A total of 850,000 vehicles will be sold, a 27.6 percent decline from November 2007. Full story...

The auto information site Edmunds.com forecasts November U.S. new-vehicle sales of 850,000 units, down more than a quarter from last November but up from last month's totals. The 850,000 total would forecast an annual U.S. sales total of 11. Full story...

As the Big Three domestic automakers race the clock to create a business plan to qualify for $25 billion in federal loans, it's clear Detroit will have to offer up deep sacrifices. Full story...