TORONTO, - The cyclical recovery in the auto market continues to gain momentum around the world, according to the latest Global Auto Report released today by Scotia Economics.
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Ferrari president Luca di Montezemolo on Wednesday admitted for the first time that the identity of Felipe Massa's Ferrari teammate for 2010 has not yet been decided.
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It's like fighting with one hand tied behind your back. Kurt Busch is campaigning for a championship with a crew chief, Pat Tryson, who announced he's leaving the team at the end of the year and now is only permitted in the race shop one day a week.
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After discussing the upcoming season with crew chiefs at recent races NASCAR officials announced the 2010 track testing policy, for the three top-tier series and two regional series.
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Ford has begun assembling the updated 2010 Mondeo line at its Russian plant in Vsevolozhsk in the Leningrad Region.
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Toyota has begun selling the updated Lexus ES350 in South Korea where it recently launched the Toyota brand.
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Ford president and CEO Alan Mulally is expected in India to reveal the automaker's new locally made small car tomorrow (23rd September).
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Tata Motors, which last year bought Jaguar and Land Rover from Ford, is to launch LR's entry-level Freelander SUV in India.
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Electric car and battery maker BYD hopes to be a top supplier for incentive programmes to boost the use of electric cars in Chinese cities, a senior executive has said.
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Ford and Chinese joint venture partners Changan and Mazda will on Friday reveal plans for a third car manufacturing plant, a media report said on Tuesday.
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Suzuki has abandoned plans to build an assembly plant on a 50-hectare plot in St Petersburg and plans to return the site to the local authorities.
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The Renault Formula One team said on Tuesday that it would make a decision in the next few days over its future in F1 racing. Motor sport's governing body, the FIA, on Monday gave the team a suspended ban from the sport for ordering Nelson Piquet Jr to crash in the 2008 Singapore Grand Prix.
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Tyre-maker Bridgestone hope to break the stranglehold of domestic tyre makers by expanding its network of centres across the country and offering high-end services such as nitrogen inflation and 3D alignment.
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Dana Holding has begun a public offering of 27m shares of common stock.
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Rolls Royce spokesman lets slip that a battery-powered Phantom could be in the pipeline.
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BMW's green new M1, Frankfurt eco stars round-up, Porsche 911 head-to-head, Jaguar XJ exclusive
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Magna International co-chief executive officer Don Walker has reassured Japanese clients the planned investment in Adam Opel would not lead to a transfer of leading-edge technology.
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A special group within GM Europe will consider the future of the Opel plant in Antwerp, Belgium, and detail its restructuring plan after talks are concluded.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up