Auto News 5

Volkswagen said it loaned 700 million euros ($980 million) to Porsche, adding a bizarre twist to the German sports car maker's bungled takeover of Europe's largest carmaker. Full story...

Calsonic Kansei Europe is the sole radiator supplier for the new DaciaSandero. The Japanese company supplies three radiator variants to cover all the Sandero's diesel and two gasoline engines. Full story...

Volkswagen, Fiat and other European makers of thrifty cars could earn billion of dollars in operating profits from U.S. President Barack Obama's proposed fuel economy standards. Full story...

Calsonic Kansei Europe is the sole radiator supplier for the new DaciaSandero. The Japanese company supplies three radiator variants tocover all the Sandero's diesel and two gasoline engines. Full story...

Volkswagen, Fiat and other European makers of thrifty cars could earn billion of dollars in operating profits from U.S. President Barack Obama's proposed fuel economy standards. Full story...

Volkswagen said it loaned 700 million euros ($980 million) to Porsche, adding a bizarre twist to the German sports car maker's bungled takeover of Europe's largest carmaker. Full story...

With summer right around the corner, sports cars are once again gracing Canada's roads. And it's pretty hard to overlook the spectacular new models that are available to drivers across the country. Full story...

Kawasaki's Jordan Szoke beat 17-year old Brett McCormick (Suzuki) in both main events at the Ontario track, to kick off a season that promises tight battles between the veteran multi champion and the upcoming youngster. Full story...

Four teams have reportedly paid the necessary deposit to reserve a supply of Cosworth's customer formula one engine for 2010. Full story...

Norbert Haug, Mercedes-Benz's motorsport boss, has admitted interest in seeing his German countryman Nico Rosberg at the wheel of a McLaren. Full story...

Renault's Flavio Briatore has revealed that Formula 1 teams asked for a grace period beyond Friday's deadline for 2010 entries. Full story...

Tommy Baldwin Racing has decided to replace Scoot Riggs at the wheel of the Toyota Camry No.36 by former Camping World Truck Series champion Mike Skinner and Patrick Carpentier. Full story...

DETROIT,-- The turmoil in the automotive industry is reflected in the results of this year's annual study of the automakers' supplier working relations, with the most significant shift in the suppliers' ratings of the auto manufacturers since the study was launched eight years ago. The annual North American OEM - Tier 1 Supplier Working Relations Study tracks the supplier relations of the top 3 US and top 3 Japanese automakers. Full story...

According to web site italiaracing.net, the Speedcar series has pulled the plug on their operations after just two seasons. Full story...

After the Indianapolis 500 there was a lot of name calling following some of the most spectacular crashes that put out of contention some of the most promising drivers for the 93rd running of the famous race. Full story...

Huntington Beach, CA, 2009 -- Buyers searching for custom Porsche Wheels online can now test fit Victor Equipment wheels onto their Porsche vehicles using a virtual garage. The Victor Equipment Porsche Wheels configurator is on the Victor Equipment Porsche Wheels website at http://www.victorequipmentwheels.com. Full story...

On Monday team Williams lodged paperwork with F1's governing body, the FIA to officially enter the 2010 world championship. Full story...

Don't miss our gallery of spectacular shots of the Indianapolis 500 held on Sunday, a thrilling race won by Helio Castroneves for team Penske Racing. Full story...

Celebrating the famous 'Gran Turismo' cars from Italy back in the fifties, BMW's upcoming 5-Series Gran Turismo will hit the market this year with an advanced powertrain and unique sense of style. The manufacturer says that customers can expect exceptional space, luxury, and comfort for four passengers--as well as the performance and driving dynamics of a BMW. Full story...

We wouldn't normally think that a Ford and a Mercedes-Benz could face each in a comparison test, but we just did it. Two factors explain what was unthinkable 20 years ago. Mainstream brands saw the opportunity to create uplevel versions of their products and sell them at higher prices. On the other hand, luxury brands exploit their prestigious logos to develop lower-end vehicles, assuming people will buy a reputation instead of all-out extravagance. Full story...