Auto News 5

The Specialty Equipment Market Association, or SEMA show, showcases the hottest offerings in a multi-billion dollar a year industry that includes parts and accessories for luxury cars, muscle cars, trucks and other specialty vehicles. Read more ...

Timo Glock and reigning world champion Kimi Raikkonen have added their voices to the growing discontent about Lewis Hamilton's driving tactics. Read more ...

The winner of the Fiat-powered Italian F3 championship this year will be granted a test with the country's famous formula one team Ferrari. Read more ...

There are two events left to the Canadian Rally Championship, the Pacific Forest Rally that will take place this next week-end, in British-Colombia, and the famous Rally of the Tall Pines, schedule for mid-November. Read more ...

The Star Mazda Championship is heading to the Mazda Raceway this week-end for the final event of an incredibly close season. Read more ...

Break out those checkbooks, Camaro fans. Even though pricing hasn't been finalized, GM dealerships across the country will be able to submit customer orders for the 2010 Camaro Coupe as of Thursday. Pre-ordering customers will be given priority during the peak demand for the car, and pricing will be available in the following weeks. If you're interested, you'd best get a good night's sleep and head down to your dealership early. Read more ...

Formula One Administration, headed by Bernie Ecclestone, has released multiple high-quality replays of the incidents that led to controversial stewards penalties at last weekend's Japanese grand prix. Read more ...

A British newspaper has revealed the FIA's five-year plan to radically slash costs, with the body's president arguing formula one has become "unsustainable". Read more ...

Just in case any crazies out there think Dodge's Challenger isn't bold, aggressive or powerful enough, the automaker has just released images and information on a ridiculous new concept. Read more ...

Park City, Utah - Anyone who has ever sat behind the wheel of a Porsche 911 will feel a shiver of excitement anytime they hear its name. And when people do get to turn the key and make the boxer engine roar, that little shiver becomes a huge storm. Read more ...

General Motors, in the wake of lending restrictions by its partially owned finance unit, will begin an advertising campaign reminding consumers that they can still finance vehicles through GM dealerships. Read more ...

Finance companies are preparing to seek authority from the U.S. Treasury Department to sell bad auto loans to the government as part of Washington's sweeping plan to restimulate credit markets and boost the flagging economy. Read more ...

Stung by a General Motors recall of its main product, Microheat Inc. today filed for Chapter 11 bankruptcy protection. Read more ...

Mazda Motor Corp. has scrapped plans to build its second factory in the U.S. because of a sharp downturn in industry sales and the troubles at its partner Ford Motor Co., the Nikkei newspaper reported in its Wednesday edition. Read more ...

Shares of seating and electronics supplier Lear Corp. lost about a third of their value today after Moody's Investors Service lowered the company's outlook to "negative." Read more ...

Five or six deals to buy closed Bill Heard Enterprises Inc. dealerships are being negotiated, including deals for two stores in Las Vegas, Heard Enterprises attorney Robert Rubin said today. Rubin spoke during a hearing at U.S. Read more ...

Multiple buyers may file final sale agreements for former Bill Heard Enterprises Inc. stores at a court hearing today, a former Heard manager said. Read more ...

Renault's mean Megane, brand-new Alfa 149, Mazda 3 revealed, Fiesta diesel driven, spy-shot special Read more ...

GMAC Financial Services on Tuesday said it had implemented "a more conservative purchase policy" for consumer auto financing in the US "as a result of the lack of stability in the global capital and credit markets". Read more ...

Daimler Trucks North America (DTNA) on Wednesday said it would drop the Sterling Trucks brand to focus on a two-brand strategy and consolidate its manufacturing plants to boost annual earnings by an expected US$900m by 2011. It estimated the restructuring would cost $600m. Read more ...