Auto News 5

A property developer wants a formula one grand prix to be staged on the roads built for the 2010 London Olympic Games. Full story...

Spanish Tour de France rider Alberto Contador has played down but not denied reports he is set to front a professional cycling team set up next year by his countryman Fernando Alonso. Full story...

Nissan Motor Co., Ltd today announced the development of a Dual Injector system designed to improve fuel efficiency in small-displacement gasoline engines. The new fuel delivery system, the first of its kind in the world*1, uses an injector for each port rather than one per cylinder - speeding up fuel vaporization, reducing the amount of unburned fuel and reducing hydrocarbon emissions. Nissan will introduce the new system in production vehicles starting early in fiscal 2010. Full story...

According to Dominic Fugère of www.ruefrontenac.com, former Formula World Champion Jacques Villeneuve will compete in the NAPA Auto Parts 200 in Montreal late August. Full story...

Smile! The new 2010 Mazda3 Sport GT says hello! This compact yet dynamic performer now hits the road with a big fat grin. "The increasingly-ferocious competition pushes automakers to develop uniquely-styled visages in order to help their vehicles stand out from the rest", says Kunihiko Kurisu, Chief Designer of the new Mazda3. Full story...

U.S. auto task force leader Steve Rattner is stepping down following the bankruptcy exits of General Motors and Chrysler Group, the U.S. Treasury Department said. Task force member Ron Bloom will succeed Rattner. Full story...

General Motors Vice Chairman Bob Lutz says one of the first things he plans to do as the new head of marketing is make some "drastic" changes in both the "tone and content" of all of GM's advertising. Full story...

General Motors Vice Chairman Bob Lutz says one of the first things he plans to do as the new head of marketing is make some "drastic" changes in both the "tone and content" of all of GM's advertising. Full story...

In today's News Brake: Honda says the hybrid CR-Z is a go; Mark Webber scores his first victory in Formula One; and Chrysler gives new life to the Dodge Viper ... But Wait, There's More! Full story...

Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...

Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...

Ford Motor Co. says former parts subsidiary Visteon Corp. has proposed an employee incentive program that is "entirely too rich given current market and economic conditions," adding bankrupt Visteon's employees should be happy still to have jobs. Full story...

The Pontiac G8 may get a new life as the Chevrolet Caprice. Full story...

Kia Motors Corporation global sales rose 22.4% year on year to 158,394 units in June. Full story...

General Motors is considering a plan to save the Pontiac G8 sedan from extinction by making it the next Chevrolet Caprice sedan, says a source familiar with GM's product planning. Full story...

Tension is mounting again at the Ssangyong Motor plant in Pyeongtaek, Gyeonggi Province, as police gear up to use force to disperse hundreds of laid-off union workers who have occupied the factory for about 50 days. Full story...

A U.S. bankruptcy judge today gave General Motors permission to buy several assets of bankrupt auto parts supplier Delphi Corp. as part of a deal with a private equity firm that could take Delphi out of bankruptcy. Full story...

A US-based parts firm is suing two importers alleging that their imported Chinese-made brake parts are potentially hazardous to drivers. Full story...

Volkswagen sales in China and Hong Kong jumped 22.7% year on year in the first half of 2009, benefiting from a revival in the world's third-biggest economy. Full story...

Ford of Europe's sales in 51 markets fell 16.3% to 840,400 vehicles in the first half of 2009. Full story...