May
18th
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Volkswagen has stopped merger talks after deciding the smaller firm, its major shareholder, was not ready for such a move. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
18th
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May
18th
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French car parts supplier Valeo said on Monday it will file a lawsuit following the discovery of secret recordings of board meetings. Recording equipment was found following a change of top management. Full story...
May
18th
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French carparts group Valeo said on Monday it would file a lawsuit following the discovery of secret recordings of board meetings. Recording equipment was found following a change of top management. Full story...
May
18th
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Dealers who would lose franchises under Chrysler LLC's plan to eliminate 25 percent of its U.S. retail network will ask the Obama auto task force to intervene on their behalf. Full story...
May
18th
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Dealers who would lose franchises under Chrysler LLC's plan to eliminate 25 percent of its U.S. retail network will ask the Obama auto task force to intervene on their behalf. Full story...
May
18th
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Volkswagen AG froze talks over a merger that could bail out majority owner Porsche SE, leaving the luxury sports car maker scrambling to reassure investors a deal to unite the two was still alive. Full story...
May
18th
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger. Full story...
May
18th
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General Motors faces a government-imposed June 1 deadline to reach sweeping cost-cutting deals with bondholders and its union and has said it is probable it will follow rival Chrysler LLC into bankruptcy. Here are key upcoming dates. Full story...
May
18th
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General Motors' Opel unit could go bankrupt if competing business plans for the carmaker from Fiat S.p.A. and Magna International are both unsuitable, Germany's Economy Minister was quoted as saying. Full story...
May
18th
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Car production was down 30.5 percent to 1.3 million units in April, according to data from market researcher J.D. Power Automotive Forecasting. Output has fallen by 35.9 percent to 4.5 million units in the first four months of 2009. Full story...
May
18th
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Hope and uncertainty grip the people of Trollhaettan in western Sweden as they prepare for Saab's separation from General Motors. Full story...
May
18th
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General Motors' Opel unit might make cars for other manufacturers if Magna International becomes its partner, according to German media reports. If Opel has to reduce output of its cars, it could offer capacity to carmakers such as Ford Motor Co. Full story...
May
18th
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger. Full story...
May
18th
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Volkswagen AG, Europe's largest carmaker, has halted tie-up talks with Porsche, saying its smaller peer and major shareholder was not ready for a merger. Full story...
May
18th
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Brothers Nick and Kuno Wittmer from Montreal had a big week-end ahead of them on Saturday. They were both to take part in both Canadian Touring Car Championship and Speed World Challenge double-header in Mosport. Full story...
May
18th
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Canadian Alex Tagliani will after all take part in next week-end's Indianapolis 500 after his team, Conquest Racing, decided to put him into its second car in place of Bruno Junqueira. Full story...
May
18th
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Red Bull has succeeded in readying a 'double diffuser' solution in time for this weekend's Monaco grand prix. Until mere days ago, designer Adrian Newey admitted it was "touch and go" whether the RB5, featuring unique pullrod rear suspension, could be modified in time to accommodate the controversial concept. Full story...
May
18th
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The fight between existing formula one teams and the FIA is a spanner in the works of David Richards' prospective entry for 2010. The former Benetton and BAR boss was planning a budget-capped entry for next year, but with major current teams now threatening to quit over Max Mosley's cost-slashing methods, Richards is not yet committing to making the May 29 deadline for a 2010 team entry. Full story...
May
18th
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Max Mosley believes Ferrari will lose its court action on Tuesday. He believes Ferrari broke the agreement by establishing the Formula One Teams Association (FOTA), of which president Luca di Montezemolo is chairman. Full story...