Honda Motor Co. posted an 88 percent fall in operating profit as demand slumped, but the automaker beat expectations for a loss and lifted its forecast for the year on the back of an improved outlook for its global car sales.
Full story...
Plunging sales hammered North American profits at Honda Motor Co. in the carmaker's fiscal first quarter but weren't bad enough to scuttle the company's earnings outlook.
Full story...
Russia's AvtoVAZ, which is partly owned by France's Renault SA, denied on Tuesday it plans large-scale layoffs after suppliers said the company told them it was overstaffed by about 25 percent, or 27,000 workers.
Full story...
Volkswagen AG does not currently have to tap equity markets for fresh funding, possibly to finance the purchase of a stake in Porsche Automobil Holding SE's sports car business, VW's CEO was quoted as saying.
Full story...
Volkswagen AG does not currently have to tap equity markets for fresh funding, possibly to finance the purchase of a stake in Porsche Automobil Holding SE's sports car business, VW's CEO was quoted as saying.
Full story...
The days of personal land yachts met their demise long ago, replaced by smaller, more fuel-efficient variants. It's taken sometime for those replacements to hit their stride in becoming true luxury vehicles, such is the case with Lincoln's MKZ.
Full story...
Both automakers Toyota and Mercedes on Wednesday played down speculation they may follow in BMW's footsteps and withdraw from formula one.
Full story...
BMW announced at an urgent press conference in Munich on Wednesday morning that it would withdraw from formula one at the end of the 2009 season.
Full story...
Ferrari driver Felipe Massa has no memory of his Hungarian GP qualifying crash but he has not forgotten his appetite, the Brazilian's father Luiz Antonio has revealed.
Full story...
After a confusing day of speculation on Tuesday, Ferrari once again admitted it is in fact possible Michael Schumacher could be drafted in to replace the injured Felipe Massa.
Full story...
Both automakers Toyota and Mercedes on Wednesday played down speculation they may follow in BMW's footsteps and withdraw from formula one.
Full story...
Who says you can't teach an old dog new tricks? At the tender age of 79 (soon to be 80 in September) Sir Stirling Moss started his first desk job today at Motor Sport magazine's riverside offices in London. It is only for one day, but we are very honoured to have him join us as our guest editor.
Full story...
Alex Tagliani won't be back behind the wheel of the No.34 Dallara of Conquest Racing, the team having no more budgets to complete the 2010 IndyCar season.
Full story...
Glattbrugg, Switzerland - Dealers are trying to attract customers to their showrooms any way they can. After the Brits and the Americans with their "Retire your Ride" programs, the Chevrolet dealers of Switzerland are offering an exchange incentive for any means of transport, by it two-, three- or four-wheeled. That's right, any.
Full story...
On Wednesday morning, Auto123.com had a lengthy phone conversation with former Formula 1 World Champion Jacques Villeneuve currently in Europe for business.
Full story...
Kumho is a tyre manufacturer with a conscience. It produces millions of tyres for today's SUVs, but is acutely aware that such vehicles will have to change dramatically if they are to survive ever greener vehicular legislation.
Full story...
Michael Schumacher on Wednesday afternoon announced he is looking forward to the challenge of replacing his injured former Ferrari teammate Felipe Massa at forthcoming grands prix.
Full story...
If Nelson Piquet's future was previously only in doubt, it is now a near certainty that the 23-year-old will never return to the cockpit of a Renault.
Full story...
Canadian race car driver Bruno Spengler, member of the works Mercedes-Benz AMG team in the DTM series, is featured in Mercedes-Benz's latest video about the new sports car of the make, the mighty SLR Stirling Moss.
Full story...
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
The latest auto news, reviews, prices, product and vehicle releases. 