Auto News 5

Nov. 2 was the latest release date announced for Gran Turismo 5, but it has sadly come and gone with still no game on store shelves. Full story...

Carlos Ghosn's negotiations to take control of AvtoVAZ may be the Renault-Nissan alliance's final opportunity to grab the leading position in one of the four largest growth markets. Full story...

Toyota raised its full-year profit forecast as sales in Asia grow more than estimated, outweighing the impact of a stronger yen. Net income may total $4.3 billion for the 12 months ending March 31, the company said. Toyota sales plunged in the U.S. Full story...

Toyota raised its full-year profit forecast as sales in Asia grew more than estimated, outweighing the effect of a stronger yen. Net income may total $4.3 billion for the 12 months ending March 31, the company said. Toyota sales plunged in the U.S. Full story...

Magna International said its third-quarter profit soared as sales benefited from rising global auto production. North America's largest supplier said it earned $241 million in the third quarter, up from $51 million a year earlier. Full story...

Toyota Motor Corp.'s Lexus, buoyed by consumer discounts, beat out Daimler AG's Mercedes-Benz and BMW AG's BMW brand in October to lead monthly U.S. luxury-auto sales for the first time since May. Lexus sales rose 8. Full story...

VW plans to display the production version of its new Up minicar at the Frankfurt auto show next September. The first variant in the lineup will be a three-door model with three-cylinder gasoline and diesel engines. Full story...

VW plans to display the production version of its new Up minicar at the Frankfurt auto show next September. The first variant in the lineup will be a three-door model with three-cylinder gasoline and diesel engines. Full story...

A lot of people wonder how to go about choosing the right winter tire for a given vehicle. That's an excellent question. Vehicles are marketed for their unique, distinguishing features, so you'd expect winter tires to be specially designed for optimal performance on a particular vehicle. Unfortunately, that's not the case. Full story...

Auto123.com became aware of what was described as a serious rumour on October 27 through a collaborator at Moneysupermarket.com and thelotusforums.com. Full story...

The Red Bull-Renaults of Sebastian Vettel and Mark Webber took the two first spots in the two free practice sessions of the Grand Prix of Brazil held Friday on the circuit of Interlagos. Full story...

Munich/Leipzig. It was the star of the Frankfurt international motor show IAA in 2009: a four-seater sports car with charismatic design, fascinating performance figures and unsurpassed efficiency, powered by BMW ActiveHybrid technology and presented under the title BMW Vision EfficientDynamics. Full story...

Sant'Agata Bolognese, November 5, 2010. It is one of the most stunning and successful super sports cars of all time - the Lamborghini Murciélago. And that will always be the case, even if its production life has now come to an end. At the headquarters of the badge bearing the sign of the bull in Sant'Agata Bolognese, the last Murciélago left the production line on May 11, 2010 - headed to a Swiss customer. Full story...

Formula 1 supremo Bernie Ecclestone revealed on Friday that a new "financial backer" looks set to push the struggling Spanish Hispania Racing Team forwards in 2011. Full story...

Boom shakalaka! We don't think we've ever seen 1,400 hp look so good from behind! Look at the gorgeous twin-turbo setup! Full story...

As far as highlights are concerned, this video has a little bit of everything. Local Motors is one cool outfit that needs to be explored further by all. Here's variety for you. How about an insane 1,400hp Lamborghini from Underground Racing? Fancy classic cars? We've got a custom-built Australian 1955 Cadillac. The Spectre booth is something to behold. Small cars: wicked -cool CR-Z hybrid R and some Mopar-spec'd Fiat 500s. And winner of the Scion tC Tuner Challenge, Shawn Baker's turbocharged air-ride equipped car. Full story...

Nico Rosberg has revealed that Mark Webber apologised after taking him out of the recent Korean grand prix. Full story...

Sebastian Vettel answers to Mark Webber, Christian Horner denies, F1's histrionics have hit a high gear in Sao Paulo. Full story...

NASCAR has issued some the harshest penalties in the sanction body's history for technical violations related to the Sprint Cup race in Talladega. Full story...

Red Bull is not ruling out the possibility of building its own formula one engines in the future. Full story...