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Oct
14th

F1: Official medical update on Jules Bianchi’s condition, Oct. 14

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The Marussia Formula 1 team has issued the latest medical update on Jules Bianchi's condition today, Tuesday October 14.

The is the press release:

“Yokkaichi, Japan
14 October 2014, 00.00hrs local/16.00hrs BST

At the request of the family of Jules Bianchi, and in conjunction with the Mie General Medical Center in Yokkaichi, the Marussia F1 Team is able to provide the following information regarding Jules' medical condition:

The past nine days have been extremely difficult for Jules and his family. As a consequence of the accident at Suzuka, a number of medical challenges have needed to be overcome and the situation remains challenging due to the diffuse axonal traumatic brain injury Jules has sustained.

Jules remains in a critical but stable condition in the Intensive Care Unit of Mie General Medical Center in Yokkaichi. The Bianchi family continue to be comforted by the thoughts and prayers of Jules' many fans and the motor sport community. In particular, the many demonstrations of support and affection during the course of the Russian Grand Prix in Sochi were of enormous comfort to Jules' parents and the relatives and friends also present at the hospital.

The family will provide further medical updates when appropriate.”




Oct
14th

GoPro shares plummet after Michael Schumacher reports

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From GMM

A French journalist has played down reports he said a helmet-mounted 'GoPro' camera was to blame for F1 legend Michael Schumacher's brain damage.

A few days ago, Jean-Louis Moncet reportedly told Europe 1 radio that he recently met with Schumacher's 15-year-old son Mick, who was with his father when the seven time world champion fell whilst skiing last December.

"The problem for Michael was not the hit, but the mounting of the GoPro that he had on his helmet that injured his brain," he was quoted as saying.

GoPro is a popular and highly successful American brand of high-definition, lightweight video camera often used in action sports.

But after Moncet's comments were widely reported, Reuters said shares in the GoPro company plummeted by as much as 16 per cent.

"We are trying to get more information about the original report from Jean-Louis Moncet," said a GoPro spokesman.

"His tweet this morning suggests the comments didn't come from a family member," he added.

Jean-Louis Moncet's tweet read: "Stop all speculation! I say I saw Mick Schumacher, I don't say where, I don't say I talk with him or I did an interview with him. Clear?"



Oct
14th

F1: Fernando Alonso hints he will be racing in Formula 1 next year

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Two-time Formula 1 World Champion, Spaniard Fernando Alonso is still widely expected to leave Ferrari at the end of the season.

However, talking to Sky Sports F1 in Sochi last weekend during the maiden Russian Grand Prix, Alonso mentioned he expects to race in Formula 1 next season.

The former Renault F1 driver said his plans for 2015 are ‘set', strongly suggesting that he has no intention of taking a one-year sabbatical, as some rumours suggest.

F1 Ferrari Fernando Alonso
Fernando Alonso, Ferrari. (Photo: WRi2)

“My future is already set - or already set in my mind for some months. Now we are finalising everything, it is not a big thing,” Alonso said to Sky Sports F1 in Sochi.

“You need to be patient, you need to wait a little bit,” Alonso answered when asked about the date for a formal announcement.

“I cannot say anything until everything is completely done but it's good and I will do the best for my future and the best for the future of Ferrari because it is the team that I love. When you know it you will say ‘it was so obvious you will do that”, he added.


Oct
14th

F1: Dietrich Mateschitz hints Vergne to keep Toro Rosso seat

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From GMM

It is more and more certain that Jean-Eric Vergne will secure at least one more year with Toro Rosso.

Earlier, the 24-year-old Frenchman had been left out in the cold by the Red Bull junior team, as teenage Max Verstappen was signed up for 2015.

But with Daniil Kvyat subsequently called up by Red Bull's senior team, it emerged that the energy drink company is reluctant to pair Verstappen, a 17-year-old rookie, with yet another inexperienced youngster for 2015 like Carlos Sainz jr.

Team owner Dietrich Mateschitz has now been asked by Speed Week if Vergne is set to stay at Toro Rosso in 2015.

The billionaire answered: "To have an experienced driver next to a very young driver is quite a strong argument."

F1 Jean-Eric Vergne Toro Rosso Renault
Jean-Eric Vergne, Toro Rosso-Renault. (Photo: WRI2)

Mateschitz also hit back at Red Bull's rivals who have criticised the signing of a driver as young and inexperienced as Verstappen.

"They all wanted Verstappen," he told Kleine Zeitung newspaper. "Only now that he is with us is there suddenly this great outcry."

Finally, Dietrich Mateschitz confirmed that world champion Sebastian Vettel's contract with Red Bull will officially conclude "five days after the last race" in Abu Dhabi.


Oct
13th

Hyundai makes diversity key part of business plan

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Under CEO Dave Zuchowski, Hyundai Motor America has made diversity a key objective of the company's business plans with clear-cut goals in areas such as hiring, the automaker's retail network, suppliers, marketing and advertising.
Oct
13th

How dealers can block automakers’ right of first refusal

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With automakers increasing their use of right of first refusal in buy-sell deals, some dealers want to structure transactions to effectively block its use.
Oct
13th

Exit strategy on Buffett deal? Not so fast, says Larry Van Tuyl

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Selling to a highly respected outside investor such as Warren Buffett may have been the ideal exit strategy for Van Tuyl Group -- and one of the few exit paths available to such a large automotive retailer these days, said some dealership buy-sell...
Oct
13th

Lithia predicts Q3 net income gain despite lower used-car profits

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Lithia Motors expects to report a gain in third-quarter unadjusted net income, boosted by improved new-vehicle sales, service and parts business and FandI revenue, it said in a statement today.
Oct
13th

Deaths linked to GM ignition-switch defect rise to 27

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A program to compensate victims of a faulty ignition switch in General Motors vehicles has approved three new death claims, bringing the total number of deaths linked so far to the switch to 27, according to a report released today by the lawyer...
Oct
13th

MEXICO: Federal-Mogul powertrain opens piston ring facility

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Federal-Mogul Powertrain, a division of Federal-Mogul Holdings, has opened a piston ring manufacturing facility in Puebla, Mexico.
Oct
13th

SOUTH AFRICA: Sumitomo Rubber opens new head office

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Sumitomo Rubber Industries (SRI) has opened its new head office of Sumitomo Rubber South Africa (SRSA), the Group's new tyre production and sales base in Durban.
Oct
13th

US: Ford adds 850 jobs at Rouge truck plant

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Ford has announced 850 new jobs at its historic Rouge Center, comprised of the Dearborn Truck, Dearborn Stamping and Dearborn Diversified facilities.
Oct
13th

SWEDEN: SKF inks two Scania deals worth US$50m

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SKF has signed two agreements with Scania totalling SEK360m (US$50.2m) for the supply of wheel bearings and high pressure valve stem seals.
Oct
13th

Ford hiring 850 workers to help build aluminum F-150 pickup

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Ford, on a hiring spree in advance of next year's labor contract negotiations, said it's adding 850 workers at its manufacturing site near Detroit to help make the new aluminum-bodied F-150 pickup.
Oct
13th

US: Ford F-150 is the new ‘Truck of Texas’

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Texas is the largest truck market in the US, accounting for more full-size pickup sales than the next three states, California, Oklahoma and Florida, combined.
Oct
13th

GERMANY: Kiekart outlines LED latch benefits

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Kiekert says it has developed an LED latch that will see the a locking system and light solution within one door latch.
Oct
13th

GERMANY: Kiekert outlines LED latch benefits

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Kiekert says it has developed an LED latch that will see the a locking system and light solution within one door latch.
Oct
13th

Video: Mazda MX-5 Owners Club 20th Anniversary Rally

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Mazda Mx-5 rally video
Videos 13 Oct, 2014

We take a look at some of the most interesting Mazda MX-5s at a special owners club meet

Oct
13th

GERMANY: Daimler expands Chinese BAIC joint venture

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Daimler is widening its partnership in China with BAIC Motor by signing an agreement to expand the number of vehicles it makes at Beijing Benz Automotive to include the GLA-Class.
Oct
13th

US/GERMANY: Mercedes-Benz recalls C-Class sedans for steering check

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Mercedes-Benz is recalling at least 39,000 C-Class sedans sold in the US and Germany because of a potential steering system fault.
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