Auto News 5

Ford Motor Company in Britain will raise car prices by an average 4 percent on July 1, it said on Wednesday, blaming sterling's 20 percent fall against the euro since 2007. Full story...

Ford battery electric vehicle demonstrators are included in a British project that is part of the UK government's ultra-low carbon vehicle fleet announced this week. Full story...

Schaeffler Group has denied German media reports that it is trying to stall merger talks with its much larger affiliate Continental. Full story...

First spy shots of Mercedes' all-new BMW X5 rival

Full story...

Group 1 Automotive Inc.'s revenue growth via acquisitions has fallen to a fraction of 2006 levels, and the Hyundai franchise rights acquired this year will be the dealership group's only addition in 2009. Full story...

General Motors plans to complete a 20 percent cut in its white-collar work force by October. Full story...

General Motors will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S. roads by 2015, a GM executive said on Tuesday. Full story...

French carmaker Renault will invest 500 million pesos ($128 million) between 2009 and 2011 in its Argentine unit to begin production of a new vehicle and modernize a plant, the company said on Tuesday. Full story...

General Motors plans to complete a 20 percent cut in its white-collar work force by October. Full story...

A U.S. bankruptcy judge has denied a request from a small group of General Motors bondholders to become an "official committee" in the bankruptcy case. Full story...

The UK government announced a £25 million ($40 million) project on Tuesday to run trials of electric vehicles that will help the country reduce carbon emissions from car transport. Full story...

General Motors Corp will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one million plug-in hybrid and electric vehicles on U.S. roads by 2015, a GM executive said on Tuesday. Full story...

Max Mosley, the president of the FIA has declared he will not stand for re-election in October after claiming an agreement has been reached with FOTA Formula 1 teams to avoid a breakaway series. Full story...

The first details of the peace agreement between rebel Formule One Team Association teams and the FIA are beginning to emerge. The FIA has also issued the 2010 entry list. Full story...

Kingston, Ontario - You like to feel the wind in your hair while driving a 4-passenger premium compact... provided that it's a Japanese car? Well, lucky you, there will soon be an alternative to European coupe-convertibles, or CC. This one will grace the showrooms of Lexus and bear the name 'IS C'. Full story...

During its meeting of June 24, the World Council of the FIA discussed not only of the future of Formula 1 but also that of the World Rally Championship. Full story...

The first details of the peace agreement between rebel Formule One Team Association teams and the FIA are beginning to emerge. The FIA has also issued the 2010 entry list. Full story...

Last night, after four months of engaging with Hypercube - Nissan Canada's unique social media campaign that rewards creativity in Canada - 50 Canadians were awarded an all-new 2009 Nissan cube at events simulcast in Toronto, Montreal and Vancouver. Many of the 500 finalists, their friends and other special guests gathered at the three events to see if they were one of the lucky recipients of a cube all their own. Full story...

USF1, formula one's new American team for 2010, is reportedly now looking for an alternative European headquarters. Full story...

Max Mosley, the president of the FIA has declared he will not stand for re-election in October after claiming an agreement has been reached with FOTA Formula 1 teams to avoid a breakaway series. Full story...