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Jul
24th

F1 Hockenheim: Sebastian Vettel on pole position, two thousandths in front of Fernando Alonso

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Two thousandths of a second separated Fernando Alonso from Sebastian Vettel for the pole position in Germany. Full story...
Jul
24th

Indy Edmonton: Will Power and Penske Racing set the pace

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Team Penske Racing dominated the practice session at the Honda Indy Edmonton on Friday with all three of their drivers taking the top spots on the speed charts. Full story...
Jul
24th

2011 Mercedes-Benz CL-Class preview

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AMG's hand-built, 6.2-litre naturally-aspirated engines is one of our favourites here at Auto123.com. It produces from 451 to 563 horsepower, depending on which engine bay it was dropped in. In addition, it provides each AMG it equips with a menacing exhaust roar, perfect for giving us an always-welcome rush of adrenaline. Full story...
Jul
23rd

Spied! 2012 Chevrolet Camaro Z28:

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The king of Camaros lives. Full story...
Jul
23rd

Weekend Racing Preview: F1, NASCAR, IndyCar highlight the action:

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Here's your weekly rundown of the top-flight racing action on tap for the weekend of July 23-25. Full story...
Jul
23rd

2011 Ford Mustang GT Premium

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2011 Ford Mustang GT Premium
2011 Ford Mustang GT Premium - Editor's Notebook - Automobile Magazine
Nothing short of amazing.

The new 2011 Mustang GT with the 5.0-liter engine is nothing short of amazing. I really feel bad for 2010 Mustang GT owners, and if I were one, I'd want my money back. The upgraded power is ridiculous with 412 ponies now stuffed under the hood and a short-throw six-speed manual gearbox.


Photo Gallery: 2011 Ford Mustang GT Premium - Editor's Notebook - Automobile Magazine


Full story...
Jul
23rd

Saleen Performance rolls out two commemorative S302s for Mustang Week:

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Saleen Performance will celebrate Mustang Week in Myrtle Beech with two commemorative-edition pony cars. Full story...
Jul
23rd

Closing Mercury will cost Ford nearly $500 million, CFO says

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About 700 of the 1,700 franchised Mercury dealers in the United States have signed agreements to close their stores in return for cash compensation. Full story...
Jul
23rd

Me and My i-MiEV: Mark’s daily blog:

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Senior Editor (West Coast) Mark Vaughn is spending the summer in a Mitsubishi i-MiEV. he's chronicling his days and nights in the car in this blog. Full story...
Jul
23rd

Michael Schumacher vows to improve, and test-driving the 2010 Ford Flex Limited, in News Brake for Friday, July 23:

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In News Brake: Michael Schumacher says he will return to his championship form, Jeep will make more Grand Cherokees for 2011, and we test-drive the Ford Flex Limited . . . But Wait, There's More! Full story...
Jul
23rd

Long-Term EV Love: We take a three-month commute in a 2010 Mitsubishi i-MiEV:

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The future is here! And weand#8217;re driving it! Full story...
Jul
23rd

Italian gov’t wants talks with Fiat on production move to Serbia

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Italy's labor minister summoned Fiat and trade unions for talks on July 28 after the company's decision to move production of some vehicles to Serbia fueled fears for the future of its biggest Italian plant. Full story...
Jul
23rd

SOUTH KOREA: Strike-free Hyundai wage deal agreed again

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Management and unions at Hyundai Motor in South Korea have agreed on a new wage deal without a strike for the second year running. Full story...
Jul
23rd

US: GM to use new a/c refrigerant from 2013

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General Motors on Friday said it would introduce a new "greenhouse gas-friendly" air conditioning refrigerant in 2013 models in the US, claiming it would keep vehicle interiors as cool as today while reducing heat-trapping gases in the atmosphere by almost 100%. Full story...
Jul
23rd

US: JCI to buy 90% of Korean battery JV

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Johnson Controls (JCI), which on Friday announced a healthy boost in third quarter revenue and profit, said it had agreed to acquire 90% of its existing joint venture with auto battery maker Delkor Corporation in Seoul, South Korea. The remaining 10% will be acquired by the local management team, with completion expected by 15 August. Full story...
Jul
23rd

Magna shareholders approve $1 billion Stronach deal

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Magna International Inc. Full story...
Jul
23rd

US: Johnson Controls boosts Q3 results

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Johnson Controls (JCI) has reported higher third quarter profits and a a 22% increase in revenues with higher sales in each of its three businesses, two of which are in the auto sector. The company also said earnings for fiscal 2010 were expected to be at the high end of previous guidance. Full story...
Jul
23rd

US: Ford Credit boosts profits

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Ford Motor Credit boosted net income $143m year on year to $556m in the second quarter of 2010. Full story...
Jul
23rd

Johnson Controls’ quarterly profits double, but fall below analysts’ expectations

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Johnson Controls Inc.posted quarterly earnings that more than doubled from year-earlier levels but fell short of analysts' expectations, sending its shares down almost 7 percent. Sales rose 22 percent to $8. Full story...
Jul
23rd

GM draws Washington scrutiny over purchase of subprime lender

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General Motors Co., the automaker 61 percent owned by the U.S. Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit. Full story...
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