Auto News 5

Supplier BorgWarner Inc. said Wednesday it posted its fourth straight quarterly loss, hurt by weak production volumes and restructuring costs, sending its shares down almost 9 percent. Full story...

President Barack Obama said General Motors Co. and Chrysler Group were companies worth saving, but he expects both to repay their government loans. Full story...

Penske Automotive Group plans to complete a deal to buy Saturn from General Motors Co. by the end of September, the chairman of the No. 2 auto dealership chain said on Wednesday. Full story...

Continental AG and its owner Schaeffler Group were expected to clash at a supervisory board meeting on Thursday over their plans for the company's future. Full story...

BorgWarner Inc. posted a $34 million net loss for the second quarter, worse than Wall Street analysts expected, and revenue dropped by nearly 40 percent compared with the same period last year. Full story...

BorgWarner Inc. posted a $34 million net loss for the second quarter, worse than Wall Street analysts expected, and revenue dropped by nearly 40 percent compared with the same period last year. Full story...

A U.S. judge ruled today that auto parts maker Delphi Corp. can sell itself to a group of lenders -- paving the way for the company to end its near four-year trip through bankruptcy court. Full story...

President Barack Obama said General Motors Co. and Chrysler Group were companies worth saving, but he expects both to repay their government loans. Full story...

Max Mosley insists to say that the F1 sport will survive even if rumours are true that more manufacturers are considering following Honda and BMW out of formula one. Full story...

In the wake of BMW's shock Formula 1 exit, the sport's remaining car manufacturers insist efforts are afoot to spice up the spectacle. Full story...

Despite the difficult economic times and the severe drop in sales for all car constructors, French car manufacturer Citroën has opted to continue its involvement in the FIA World Rally Championship. Full story...

The IndyCar series has decided to introduce the use of a 'push to pass' system like the one that was used in the Champ Car days. Full story...

Seven-time World Champion Michael Schumacher may be returning after nearly three seasons away from the formula one grid, but he may not be the most nervous member of the Ferrari camp at present, two experts have said. Full story...

Team Ferrari's official spokesman has confirmed that Brazilian Formula 1 driver Felipe Massa moved out of the intensive care unit at Budapest's AEK hospital on Wednesday. Full story...

For enthusiasts looking to get into a European vehicle, the 2005-2008 (B7 chassis) of the Audi A4 is a great option. The popular engine choice for the B7 would be Audi's 2.0-liter turbocharged FSI (Fuel Stratified Injection) powerplant. Full story...

The Canadian-built Acura MDX luxury SUV features a fresh new exterior look for the 2010 model year, along with a revised powertrain that includes a new 6-speed automatic transmission, refined V-6 engine, chassis refinements, more comfort and advanced technologies. Full story...

Finnish Formula 1 driver Kimi Raikkonen said on Thursday it is possible he will launch a full time rallying career in the future. Full story...

Mosport, Ontario - The torrential rain that seemingly flushes our summer down the drain did not spare the Mosport International Raceway, near Toronto. It also affected my first contact with the all-new 2010 Mazdaspeed3, forcing me to use my entire bag of tricks and my good old racing reflexes in order to be able to push this sporty compact to the limit. Full story...

BREA, Calif. (July 30, 2009) -- American Suzuki Motor Corp. (ASMC) takes a bold step forward today. Known primarily as a maker of small vehicles and high-performance motorcycles, today marks the global debut of the 2010 Suzuki Kizashi (pronounced "Kee-Zah-Shee"), the company's first entry into the all-wheel-drive sport sedan segment. Benchmarked against some of the leading cars in the world, the all-new 2010 Kizashi becomes an instant car-of-the-year contender in its own right. With the launch of the Kizashi, Suzuki delivers a unique blend of dynamic performance attributes with premium design aesthetics and craftsmanship yet to be experienced in this category. Full story...

Ford has confirmed its commitment to the FIA World Rally Championship by announcing its continued participation for the next two seasons. Full story...