Auto News 5

Ford remains committed to improving its balance sheet and reducing debt but has no current plans to issue additional equity, president and CEO Alan Mulally said in a statement. Full story...

Spy Shots reveal a raft of new mechanicals on show, with electric motors working in tandem with petrol engine Full story...

Spy Shots reveal a raft of new mechanicals on show, with electric motors working in tandem with petrol engine Full story...

There's a lot more to car noise than you might think. Some noises are pleasurable, some not, while some have become downright necessary for pedestrian safety. It's a subject that is now coming onto regulators' radar screens due to the potential hazards of 'silent running' with electric drive vehicles. And as Colin Peachey, a chief engineer with Lotus, tells Dave Leggett, there is also the rather ticklish issue of 'lightsaber collective consciousness' to consider when adding sound to EVs. Full story...

Germany is still talking to potential investors in carmaker Opel which have not been made public, German Economy Minister Karl-Theodor zu Guttenberg said today. Since reaching a preliminary agreement with Canada's Magna International Inc. Full story...

Daimler AG's Mercedes-Benz unit said on Thursday it sold 86 percent more cars in China in May, posting record monthly sales for a third straight month. Full story...

Transplant automakers remain vulnerable to supply chain interruptions caused by the General Motors and Chrysler LLC bankruptcies, and are keeping in close communications with their suppliers. Full story...

The premier of the eastern German state of Thuringia, Dieter Althaus, said on Friday he is believes that Canadian auto parts group Magna International Inc.'s takeover plans for carmaker Opel would go through. Full story...

Auto parts maker Martinrea International Inc. said it plans to sell shares at a discount to raise working capital, a day after it said all receivables from General Motors and Chrysler were being paid on time. Full story...

Who on Earth actually looks forward to getting stuck in downtown traffic? Probably anyone driving a Ford Escape Plug-In Hybrid, the only operational vehicle of its kind currently found in Canada. Why is it so? Well, the very nature of this SUV makes it equally pleasant in the city and on the countryside. More importantly, though, low-speed driving becomes a wonderfully-refined, totally-silent experience. Full story...

Following the completion of the applications process for teams to compete in the 2010 FIA Formula One World Championship, the following teams have been confirmed. Full story...

Formula 1's governing body has given five of the eight FOTA teams another week to lodge unconditional entries for the 2010 world championship. Full story...

While in the midst of restructuring, General Motors will be forced to cut out factory support for Chevrolet teams competing in NASCAR's Nationwide and Camping World Truck Series. Full story...

There's something your auto insurance company or agent isn't telling you that might save you money. And it could be one of these 8 things. Full story...

What better else for the unveiling of the new 2010 Ferrari California than to be met by a splendid Ferrari 365 Spider California 1967. With its retractable roof that disappears in the trunk in 14 seconds, the new spider-coupé 2+2 has already seduced a number of buyers in North America and elsewhere in the world. Full story...

J.R. Fitzpatrick, driver of the Kevin Harvick Inc. (KHI) No. 4 Chevrolet Silverado, will make his first career start at the Michigan International Speedway this coming Saturday in the Michigan 200 NASCAR Camping World Truck Series race. Full story...

French driver Stéphane Sarrazin, driving the No 8 Peugeot 908 Hdi FAP has qualified for a third consecutive pole position in the Le Mans 24 Hours. Full story...

Nova Bus is pleased to announce that MTA New York City Transit has purchased 90 Nova LFS articulated vehicles, to be assembled in Nova Bus' newest plant located in Plattsburgh, NY, with delivery slated for the first half of 2010. Full story...

Xebec Adsorption Inc. (TSX: XBC) ("Xebec"), the company formed by the merger of QuestAir Technologies Inc. ("QuestAir") and Xebec Adsorption Inc. ("Xebec Adsorption"), today announced that the previously approved statutory plan of arrangement (the "Arrangement") involving QuestAir and Xebec Adsorption, has been completed. Full story...

The factory gates open and the first Volvo FH16 700 appears. An eager Tore Aase from Norway is there to take delivery of the world's most powerful series-manufactured truck. On Norway's hilly west coast, the truck's power will come into its own. Full story...