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Jun
18th

Senate passes ‘cash-for-guzzlers’ bill

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The U.S. Senate passed a scaled-back $1 billion 'cash-for-guzzlers' bill, sending it to President Barack Obama for his signature. Full story...
Jun
18th

‘Cash-for-guzzlers’ bill clears hurdle, heads for Senate vote

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The Senate today beat back a Republican attempt to strip a scaled-back "cash-for-guzlers" bill from a spending package for U.S. troops, clearing the way for the measure to be passed and sent to President Barack Obama for his signature. Full story...
Jun
18th

Delphi Ch. 11 exit may be set in July hearing

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A court hearing that could clear the way for auto parts maker Delphi Corp. to emerge from almost four years of bankruptcy has been set for July 23. Full story...
Jun
18th

Saab lead bidder wants to revive automaker’s ‘soul’

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Baard Eker, the Norwegian designer behind the unlikely bid for General Motors' Saab unit, wants to rejuvenate the "soul and spirit" of the money-losing Swedish carmaker and lead a creative revival in the auto industry. Full story...
Jun
18th

Senator moves to strip ‘clunkers’ measure from war bill

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U.S. Sen. Judd Gregg has moved to strip a $1 billion proposal designed to spur auto sales from a war spending bill, an initiative carmakers say is crucial for industry recovery. Full story...
Jun
18th

Saab’s Norwegian savior seeks to revive automaker’s ‘soul’

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Baard Eker, the Norwegian designer behind the unlikely bid for General Motors' Saab unit, wants to rejuvenate the "soul and spirit" of the money-losing Swedish carmaker and lead a creative revival in the auto industry. Full story...
Jun
18th

Michigan lawmakers lobby for GM small car plant

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Michigan's congressional delegation today urged General Motors to locate its new small-car assembly plant in Orion Township, locking horns with Tennessee and Wisconsin lawmakers who also are bidding for the $600 million-$700 million factory. Full story...
Jun
18th

Delphi bankruptcy exit may be cleared by July 23 hearing

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A court hearing that could clear the way for auto parts maker Delphi Corp. to emerge from almost four years of bankruptcy has been set for July 23. Full story...
Jun
18th

Senator seeks to strip ‘clunkers’ measure from war bill

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U.S. Sen. Judd Gregg said he would try to strip a $1 billion proposal designed to spur auto sales from a war spending bill, an initiative carmakers say is crucial for industry recovery. Full story...
Jun
18th

Dealer Hecker’s properties searched by police

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State and federal law enforcement agencies raided dealer Denny Hecker's suburban Minneapolis headquarters and other Hecker properties Wednesday. Full story...
Jun
18th

Koenigsegg says Saab cash goal is reasonable

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Christian von Koenigsegg, founder of the sports car maker that plans to buy Saab Automobile, said on Wednesday that Saab's cash flow goals were "fairly reasonable" but hinged on economic conditions. Full story...
Jun
18th

Saab’s Norwegian white knight wants to revive automaker’s ‘soul’

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Baard Eker, the Norwegian designer behind the unlikely bid for General Motors' Saab unit, wants to rejuvenate the "soul and spirit" of the money-losing Swedish carmaker and lead a creative revival in the auto industry. Full story...
Jun
18th

F1: FOTA launches breakaway series

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The Formula One Teams' Association announced on Thursday night that it is setting up a breakaway championship. Full story...
Jun
18th

Ford to be the featured automaker of the 2009 SEMA Show

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Ford Motor Company will be the featured automaker of the 2009 SEMA Show taking place Nov. 3-6 at the Las Vegas Convention Center. "Ford has always been a strong supporter of SEMA and our industry," said Christopher J. Kersting, president and CEO of SEMA. "We are pleased to announce their participation as Vehicle Manufacturer of the Show and to be collaborating with them on several branding and technology programs." Full story...
Jun
18th

International Engine of the Year Award 2009 goes to Audi 2.0 l TFSI

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For the fifth time in a row, a jury of 64 leading motoring journalists from over 30 countries has voted the 2.0-liter FSI the "International Engine of the Year" in the 1.8 to 2.0-liter category. Full story...
Jun
18th

Pontiac Vibe discontinued this fall

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As part of its long-term viability plan and recent decision to phase out the Pontiac brand, General Motors has decided to discontinue production of the Pontiac Vibe by the end of August 2009. The Vibe is produced at the New United Motor Manufacturing Incorporated (NUMMI) facility jointly operated by GM and Toyota in Fremont, California. While no replacement for Vibe production has been determined, GM and Toyota remain in active discussions regarding potential future production at NUMMI. Full story...
Jun
18th

Volkswagen Group of America Officially Opens New Distribution Center

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Mike Beamish, executive vice president and board member, Volkswagen Group of America, Inc. (VWGoA) today joined local elected officials and community leaders in the grand opening of the company's $30 million parts distribution center in Jacksonville, Fla. Full story...
Jun
18th

F1: Bernie Ecclestone meets Montreal NASCAR race promoter

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Formula 1 supremo Bernie Ecclestone this week met in London, Great Britain with a potential promoter for a revived Canadian grand prix. Full story...
Jun
18th

F1: FIA’s Max Mosley makes final offer to FOTA to end turmoil

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Twenty-four hours before the Friday deadline, FIA president Max Mosley has made a final offer to rebel formula one teams in a bid to end the sport's political crisis. Full story...
Jun
18th

IRL: Danica Patrick admits NASCAR interest

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The 2009 season is the last year of a long-term contract that had American female driver Danica Patrick race in the IndyCar series for team Andretti Green Racing. The young lay has admitted that she has interest in switching to the NASCAR series. Full story...
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