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Jun
10th

India’s Mahindra to start due diligence on Ssangyong, report says

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Mahindra and Mahindra Ltd., India's top utility vehicle and tractor maker, will start the due diligence on troubled Korean SUV maker Ssangyong Motor Co., a top official told a television station on Thursday. Full story...
Jun
10th

Opel will press ahead with cuts; minicar still planned, CEO says

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Opel/Vauxhall CEO Nick Reilly said he doesn't expect to change a restructuring plan for the General Motors Co. unit significantly after the German government rejected a request for state aid toward a 3. Full story...
Jun
10th

Russia’s GAZ could sell capacity to other automakers, CEO says

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Russian automaker GAZ is open to selling some of its production capacity to other automakers as it tries to streamline its operations and improve cash flow, company boss Bo Andersson said on Wednesday. Full story...
Jun
10th

Twists and turns in Opel’s 19-month bid for German aid

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Germany's economy ministry rejected a request for 1.1 billion euros ($1.5 billion) in loan guarantees for money-losing carmaker Opel. Full story...
Jun
10th

Smart to test electric cars in U.S.

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Minicar maker Smart is launching a 250-unit test fleet of electric cars in select U.S. cities this year, as part of a broader push to boost the brand's image among the urban set. Full story...
Jun
10th

Opel will press ahead with cuts; minicar still planned, CEO says

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Opel/Vauxhall CEO Nick Reilly said he doesn't expect to change a restructuring plan for the General Motors Co. unit significantly after the German government rejected a request for state aid toward a 3. Full story...
Jun
10th

Renault names Thormann CFO

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Renault SA named Dominique Thormann to replace Chief Financial Officer Thierry Moulonguet effective July 1. Full story...
Jun
10th

Twists and turn in Opel’s 19-month bid for German aid

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Germany's economy ministry rejected a request for 1.1 billion euros ($1.5 billion) in loan guarantees for money-losing carmaker Opel. Full story...
Jun
10th

Leaf orders hit 19,000, nearly double first-year global capacity

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Pre-orders for Nissan's Leaf electric vehicle have climbed to 19,000 in the United States and Japan, surpassing the planned global capacity for the car's first year. Leaf orders start in four European markets next month. Full story...
Jun
10th

Smart to test electric cars in some U.S. cities

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Minicar maker Smart is launching a 250-unit test fleet of electric cars in select U.S. cities this year, as part of a broader push to boost the brand's image among the urban set. Full story...
Jun
10th

Renault to name Thormann as new CFO, sources say

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Renault SA plans to name Dominique Thormann, head of its sales-financing unit, to replace Chief Financial Officer Thierry Moulonguet, according to a person with knowledge of the matter. Full story...
Jun
10th

Opel will not change revamp plan; minicar still planned, CEO says

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Opel/Vauxhall CEO Nick Reilly said he doesn't expect to change a restructuring plan for the General Motors Co. unit significantly after the German government rejected a request for state aid toward a 3. Full story...
Jun
10th

F1: Michael Schumacher staying put as Mercedes looks towards 2011

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Michael Schumacher looks set to stay at Mercedes in 2011. Full story...
Jun
10th

Canadian GP: Great success for the “Open House Day” in Montreal

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Today Thursday was held on the Gilles Villeneuve Circuit the traditional "Open House Day" at the Grand Prix of Canada. Full story...
Jun
10th

24 Hours of Le Mans Audi teaser

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German car manufacturer Audi has released a dramatic teaser about his participation to the famed endurance race of the 24 Hours of Le Mans. Full story...
Jun
10th

IRL: Graham Rahal to drive for Dreyer & Reinbold team in IndyCar series

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Following the absence of injured Mike Conway, Dreyer & Reinbold Racing announced that Graham Rahal will take over driving duty on the No. 24 Dad's Root Beer custom-designed Hot Wheels entry for the Iowa Corn 250. Full story...
Jun
10th

2010 Canadian Grand Prix packs sold-out Circuit Gilles Villeneuve

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Octane Racing Group, promoter of the Canadian Grand Prix, is happy to announce that this weekend's event will held in front of a sold-out crowd. Full story...
Jun
10th

Range Rover Turns 40 This Month!

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Decades ago, someone at Land Rover had the crazy idea to create a 4x4 vehicle that was upscale, luxurious and advanced. Originally intended as a more comfortable alternative to a Land Rover 4x4, the original Range Rover was brought to market with a number of firsts that helped it pave the way for an entire market of luxury utility vehicles. Full story...
Jun
10th

Michael Schumacher and Jacques Villeneuve Together To Promote eSafety in Cars

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Blainville, Quebec -- It was a little weird seeing Schumacher and Villeneuve sitting together at a table, 13 years after the famous incident during that last race of the 1997 F1 season, when Michael tackled Jacques in order to prevent him from passing. Of course, Schumacher broke his car and Villeneuve pursued to finish 4th and win the championship. Full story...
Jun
10th

Porsche Declines MINI’s Challenge

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Imagine our surprise to discover our former employee, now the head of Mini, has challenged us to a head-to-head race. As you surely know, Porsche has a long history of racing success, with more than 28,000 wins over the last 60 years. In our early days, we pitted ourselves against the giants, so we've been in your shoes. Full story...
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