Auto News 5

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...

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...

Fiat S.p.A.'s bid for Opel is its best offer, CEO Sergio Marchionne said, as rival Magna International stayed on track to close a deal with the German carmaker. "I don't believe we could improve Fiat's offer. Full story...

Fiat S.p.A.'s bid for Opel is its best offer, CEO Sergio Marchionne said, as rival Magna International stayed on track to close a deal with the German carmaker. "I don't believe we could improve Fiat's offer. Full story...

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...

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...

Akio Toyoda, 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...

It was not an easy task for Kyle Busch (Camry No 18) but he finally won his first ever Nationwide race in Loudon, the Camping World 200 presented by Turtle Wax at the one-mile New Hampshire Motor Speedway. Full story…

BP Ford Abu Dhabi team driver Mikko Hirvonen holds the lead of Rally Poland this evening after a day of furious competition on some of the fastest roads in the World Rally Championship. Full story...

The NASCAR Sprint Cup competitors had two free practice sessions on Saturday in preparation to the Lenox Industrial Tools 301 to be held at the New Hampshire Motor Speedway. Full story...

Max Mosley on Friday suggested F1's new peace may a short-lived, with FOTA to possibly resurrect plans for a breakaway series. Full story...

Valentino Rossi has indicated he might be willing to switch to formula one in 2011 if Ferrari will run a third car. Full story...

Forty-five years ago, Lee Iacocca unveiled the first "pony car" in history during a spectacular press conference held on the site of the 1964 New York World's Fair. And since this sports car was making its debut in the automotive world in the middle of the year, it was registered as a "1964 ½" edition. Full story...

The Tiburon was initially launched into a market full of sporty models like the Honda Civic SI-R, Toyota Celica, Ford Probe, Dodge Avenger and Nissan 240sx. Interestingly, its nameplate is about the only dedicated sport compact model to have survived the high insurance rates and fuel prices that killed off the vast majority of its competition. As the axe fell on the Tiburon's original ringmates, the Korean shark thrived. Full story...

Jaguar and Land Rover have chosen GXS Managed Services to set up a portal for exchanging electronic data with their suppliers. Full story...

The choice to produce General Motors' new small car at its plant in Orion Township, Mich., though political by nature, did not involve the presidential auto task force, GM North America President Troy Clarke said today. Full story...

General Motors has not found a vehicle it could produce at a joint-venture factory it operates with Toyota Motor Corp. in California, a senior GM executive said today. Troy Clarke, GM's president of North American operations, said that the U.S. Full story...

General Motors dealers and car-accident litigants would get continuing access to state courts if dozens of states can influence the Obama administration to amend its bankruptcy plan. Full story...

One Porsche at this year's Pebble Beach Concours d'Elegance will be making its second appearance. And it will be easy to find--it's the one that looks a bit used. Full story...

Porsche Automobil Holding SE, the heavily indebted holding company that controls Volkswagen AG, said today it was close to reaching a deal with Qatar that could help solve its financial problems. Full story...