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Jun
29th

Schaeffler seeks Chinese funding, report says

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MUNICH -- Schaeffler Group is in talks with potential Chinese investors over a stake sale, German magazine WirtschaftsWoche reported. Full story...
Jun
29th

VW denies giving Porsche takeover ultimatum

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Volkswagen AG denied today that it had presented Porsche Automobil Holding SE with an ultimatum to accept its plan for a merger of the two carmakers. Full story...
Jun
29th

GM accepts liability for car defects in bid to speed bankruptcy exit

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General Motors has agreed to accept liability for future product defects as one of several concessions offered in a bid to win court approval for a quick sale from bankruptcy. Full story...
Jun
29th

Fiat’s Marchionne says Opel bid can’t be improved

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Fiat's existing bid for General Motors' Opel is its best offer, CEO Sergio Marchionne said amid conflicting reports about the status of Magna International Inc.'s deal for the German carmaker. "I don't believe we could improve Fiat's offer. Full story...
Jun
29th

Porsche says it won’t be ‘blackmailed’ into merger with VW

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Porsche's chairman is furious with Volkswagen AG. Wolfgang Porsche said in a statement Saturday that the sports car maker would not be "blackmailed" into a merger with VW. Full story...
Jun
29th

New Toyota chief’s dilemma — To race or not to race?

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Akio Toyoda, the new president of Toyota Motor Corp., wants speedy reforms at the world's biggest carmaker, but many want him out of the fast lane. Full story...
Jun
29th

2009 Ford Edge Sport Review

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They're big, brash and in your face. At 22-inches, the gleaming optional 10-spoke chrome wheels on the Edge Sport are the largest wheels ever offered on a crossover, and may very well be the largest wheels available on any stock production SUV regardless of manufacturer. Full story...
Jun
29th

Aston Martin Cygnet : a new luxury commuter concept

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Aston Martin has developed a new luxury commuter concept; the 'Cygnet' which will offer customers a distinctive, intelligent and exclusive solution for urban travel in style and luxury. The concept will offer Aston Martin trademark design in a commuter car package based on the critically acclaimed Toyota iQ with a Euro NCAP 5-star safety package. Full story...
Jun
29th

F1: Scuderia Ferrari to focus on 2010 car ‘soon’

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The prestigious Scuderia Ferrari will "soon" forgo developing its current formula one car in favour of preparing for next year's world championship tilt. Full story...
Jun
29th

F1: Brawn BGP001-Mercedes is ‘most expensive car’, says Alex Wurz

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After the car won three-quarters of every race so far under the 2009 regulations, Alex Wurz has revealed the secret of the Brawn BGP001. Full story...
Jun
29th

F1: Max Mosley claims ‘pressure’ to stay FIA president

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Max Mosley insists he is not only personally aggrieved, but that he is also "under pressure" to retain his role at the top of F1's governing body the FIA. Full story...
Jun
29th

Jaguar Announces an All-New XF Supercharged Model for the North American Market

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Jaguar today announced the introduction of the 2010 Jaguar XF Supercharged, the fourth and newest member of its acclaimed XF lineup. The vehicle, a mid-year release, is powered by a 470 hp version of the 5.0-liter supercharged AJ-V8 Gen III engine that debuted at this year's Detroit Auto Show. The XF Supercharged will go on sale in October 2009, and will be priced starting at $68,000 MSRP. Full story...
Jun
29th

Dorel Juvenile Group introduces ground-breaking car seat safety technology

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Dorel Juvenile Group, Inc., a division of Dorel Industries (TSX: DII.B, DII.A), and the nation's largest juvenile products manufacturer, today announced the launch of Air Protect(TM), the most innovative and groundbreaking safety feature ever offered in a car seat. Full story...
Jun
29th

IRL: Brazil could be back on the IndyCar calendar

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According to reports, the Indy Racing League is planning to make Brazil one of its most popular racing venues on the 2010 calendar. Full story...
Jun
29th

NASCAR: Joey Logano becomes youngest winner in Cup Series history (+photos)

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With 28 laps remaining in Sunday's Lenox Industrial Tools 301 at New Hampshire Motor Speedway, rain stopped the race and made a winner of rookie Joey Logano, much as it had done for David Reutimann in the Coca-Cola 600 in May. Full story...
Jun
29th

Luc Alphand seriously injured in a motorcycle accident

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Former French ski champion Luc Alphand has been seriously injured in an accident during a motorcycle race held this past weekend in France. Full story...
Jun
29th

F1: No refuelling in 2010, and no advantage to Cosworth engine

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Although this year's Formula 1 rules are to now remain essentially in place in 2010, the proposed ban on in-race refuelling will still be introduced. Full story...
Jun
29th

WSBK Donington Park: A perfect week-end for Ben Spies – Disaster for Noriyuke Haga

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Ben Spies (Yamaha) is now just 14 points behind World Superbike Championship leader Noriyuki Haga (Ducati), after the American rookie took his ninth and tenth victories of his rookie season, at Donington Park in the British Midlands. Full story...
Jun
29th

MotoGP: Valentino Rossi reaches 100 wins at Assen (Netherlands)

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Valentino Rossi (Yamaha) became the second rider to reach 100 wins in motorcycle Grand Prix history by taking a dominating win at the Dutch MotoGP race, at Assen on Saturday. Full story...
Jun
29th

Bruno Spengler’s Column – Update after Norisring

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Mercedes-Benz's driver Bruno Spengler offers the readers of Auto123.com his views of the last DTM race, which was held at the Norisring on Sunday. Full story...
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