Call it a miracle, but despite the industry's biggest sales collapse since 1980, automakers have prevented inventories from spiraling out of control. The sales plunge and a huge swing in the model mix could have sent stockpiles soaring.
Read more ...
Inside the financial crisis gleams a silver lining and#x2014; at least temporarily. As worldwide auto sales and production plummet, prices of steel, crude oil and other raw materials are plummeting, too.
Read more ...
After GMAC Financial Services' broad retreat last week from auto lending, General Motors dealers were trying to plug the gap with banks, credit unions and independent finance companies.
Read more ...
Yesterday, Toyota announced that models from their youthful and energetic Scion brand will be migrating north to Canada for 2010. The highly-customizable lineup is currently sold in the USA and overseas, and aims to capture a younger buyer than does a typical Toyota model. Toyota says that Scion models forge a fit between "car" and "community", and that they'll be on sale here in 2010.
Read more ...
The FIA has noted media reports in advance of the meeting with the Formula One Teams Association (FOTA) in Geneva tomorrow. In the interests of complete transparency the FIA has decided to release the agenda, and the explanatory note, it has set for this meeting.
Read more ...
BMW will become the first premium automaker to deploy a fleet of some 500 all electric vehicles for private use in day to day driving. The automaker's "MINI E" is an electric powered MINI, which employs a 150 kilowatt, or 204 horsepower electric motor which drives the front wheels.
Read more ...
Veteran rider Sete Gibernau could announce his return to MotoGP active competition when new satellite Ducati team Onde 2000 is set to confirm its participation in next year championship.
Read more ...
The FIM (Fédération Internationale de Motocyclisme) has confirmed in Sepang that tyre maker Bridgestone will be the sole supplier of tyres to the MotoGP world championship for the next three seasons.
Read more ...
Yesterday, Toyota announced that models from their youthful and energetic Scion brand will be migrating north to Canada for 2010. The highly-customizable lineup is currently sold in the USA and overseas, and aims to capture a younger buyer than does a typical Toyota model. Toyota says that Scion models forge a fit between "car" and "community", and that they'll be on sale here in 2010.
Read more ...
BMW will become the first premium automaker to deploy a fleet of some 500 all electric vehicles for private use in day to day driving. The automaker's "MINI E" is an electric powered MINI, which employs a 150 kilowatt, or 204 horsepower electric motor which drives the front wheels.
Read more ...
Several car manufacturers showcased their most exotic race cars to the public during the recent international Paris Motor Show.
Read more ...
The 2008 champions of the Coupe de Montréal karting championship were crowned last Friday in Brossard on the South shore of Montréal.
Read more ...
Mere days after team co-owner Vijay Mallya said Force India will retain its current drivers for 2009, Adrian Sutil's seat now appears in doubt.
Read more ...
Series point leader Jimmie Johnson (Chevy No 48) had no trouble leading the NASCAR Sprint Cup TUMS QuikPak 500 at the Martinsville Speedway Sunday afternoon marking yet another win at the half-mile short track.
Read more ...
Several car manufacturers showcased their most exotic race cars to the public during the recent international Paris Motor Show.
Read more ...
Veteran rider Sete Gibernau could announce his return to MotoGP active competition when new satellite Ducati team Onde 2000 is set to confirm its participation in next year championship.
Read more ...
The FIM (Fédération Internationale de Motocyclisme) has confirmed in Sepang that tyre maker Bridgestone will be the sole supplier of tyres to the MotoGP world championship for the next three seasons.
Read more ...
The FIA has noted media reports in advance of the meeting with the Formula One Teams Association (FOTA) in Geneva tomorrow. In the interests of complete transparency the FIA has decided to release the agenda, and the explanatory note, it has set for this meeting.
Read more ...
The ninth annual Sport Compact Performance Show (SCP9) was held from October 17 to 19 at the Montreal Olympic Stadium. With over 300 cars on hand, the event was attended by more than 60,000 visitors, making it the biggest show of its kind in North America.
Read more ...
Organisers of the Canadian grand prix have strongly denied Bernie Ecclestone's claim that the 2009 race was axed because of a growing debt dating back three years.
Read more ...
The latest auto news, reviews, prices, product and vehicle releases.