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Canada is open to selling its 1.7 percent stake in Chrysler directly to Fiat but will wait to see what price the U.S. government gets for its shares in the automaker before deciding. Fiat is in the process of exercising an option to buy the U.S.

French rally driver Sebastien Loeb cancelled out an overnight deficit of 47.7s to Citroen team-mate Sebastien Ogier to win Rally Argentina for the sixth time in his career.

Audi is set to present the A1 clubsport quattro at the 30th edition of the Wörthersee Tour, a major meeting for Audi, Seat, Skoda and VW fans which takes place from June 1 to 4, 2011. This one-off model is a track-eating beast designed to rival the top performance cars in the world.

You know, there are very few car companies who could pull off a stunt like this. Really, could you see a Honda Fit with Gene Simon's face paint? Or a Nissan Versa with Paul Stanley's ruby red lips across the front grille?

The pole sitter at the recent Indy 500, Canadian Alex Tagliani, will compete in August to the NAPA 200 Auto Parts in Montreal, thanks to the support from the Chrysler, Jeep, Dodge and Ram Quebec Dealers.

Bahrain is ready to host a formula one race, the chairman of the island Kingdom's grand prix circuit declared on Tuesday.

After eight years without a major redesign, we're pretty sure no one will sob and wave their handkerchief when they'll see Chevy's Aveo leave its retirement party. Problematic build quality, lacklustre fuel economy and an arguable lack of competitiveness sealed the car's fate way back in 2004, despite constant yet insignificant improvements.bien qu'insignifiantes.

A report from the Associated Press states that Fiat opened discussion with the federal and Ontarian governments in hopes of acquiring the 1.7% stake in Chrysler they received during the bailout initiative in 2009.

Volkswagen is and always will be proud of their GTI -- and with reason. The Beetle may have put the people's car on the map, but the GTI brought the brand to everyone's lips.

Briton Dan Wheldon collected a cool $2.5 million for winning the Indianapolis 500 last Sunday.

PHOENIX, Arizona - Heat waves shimmering off the hot tarmac, a group of automotive media gathered at Firehawk raceway watched two identical Honda Civics free-roll down gigantic Hot Wheels-style ramps. Since we're here to learn about the newest Bridgestone Ecopia EP422 low rolling-resistance tire, we're only marginally surprised to see the Ecopia-clad Civic coast to a stop about 25 metres further than the vehicle clad in conventional Bridgestone Turanza tires.

Exactly two weeks ago, Autoblog Green reported that Porsche was planning to use an F1-style Kinetic Energy Recovery System (KERS) to improve fuel economy across its entire range without sacrificing performance. However, a high-level source just responded by qualifying the project as ''nonsense''.

The 2011 Formula 1 Grand Prix of Canada will be held next week, June 10-11-12 on the Gilles-Villeneuve circuit in Montreal. Here's the schedule of a busy weekend.

French rally driver Sebastien Loeb cancelled out an overnight deficit of 47.7s to Citroen team-mate Sebastien Ogier to win Rally Argentina for the sixth time in his career.

Toro Rosso, Red Bull's second formula one team, is being sold.

The FIA is keeping a close eye on the aftermath of Lewis Hamilton's Monaco grand prix.

I've heard numerous times in my career that we city folks are not well-equipped to evaluate pickup trucks. Although I would have agreed with the naysayers up until recently, today, in 2011, I say nah! And here's why. These so-called work trucks have never been more civil, posh and comfortable. Unless specified with the very minimum levels of kit, pickups are now as luxurious as many luxury cars.

Tony Fernandes has denied he will have to change the name of his formula one team.

While it seemed like a Cadillac hybrid crossover was well underway behind closed doors at GM, those endeavours have recently been unplugged as plans to continue with the new vehicle were brought to a halt, according to Reuters.

Pirelli has admitted a rule tweak could have ensured an exciting finish to the weekend's Monaco grand prix.