Auto News 5

BMW, the world's largest premium automaker, swung to a first-quarter operating loss amid sinking sales of luxury cars like the X3 premium SUV and refused to give a profit forecast for the full year. Full story...

BMW, the world's largest premium automaker, swung to a first-quarter operating loss amid sinking sales of luxury cars like the X3 premium SUV and refused to give a profit forecast for the full year. Full story...

BMW, the world's largest premium automaker, swung to a first-quarter operating loss amid sinking sales of luxury cars like the X3 premium SUV and refused to give a profit forecast for the full year. Full story...

BMW, the world's largest premium automaker, swung to a first-quarter operating loss amid sinking sales of luxury cars like the X3 premium SUV and refused to give a profit forecast for the full year. Full story...

The clans that control the Porsche automotive empire are set to meet on Wednesday in the hopes of finding a solution to its high-risk takeover plans for Volkswagen that have backfired. Full story...

Ford Motor Co. is spending $550 million to retool its Michigan Assembly Plant for production of the redesigned Ford Focus. Full story...

Ford Motor Co. plans to build its Focus compact car at a current SUV assembly plant in Michigan, CEO Alan Mulally told the Wall Street Journal. With reduced labor costs from new union work rules and global production, the Focus in the U.S. Full story...

A U.S. bankruptcy judge approved bidding procedures for the rapid sale of most of Chrysler's assets, over objections from a group of lenders who called the accelerated timetable an "absurdity". Full story...

General Motors is set to resume negotiations with the UAW this week and believes everything should be open for discussion, CEO Fritz Henderson said. "I'm encouraged to reengage with the UAW at the bargaining table. Full story...

As General Motors and Chrysler move forward with their respective restructuring plans, I have noticed a growing and unsettling wave of anti-dealer rhetoric in the news. Full story...

Auto parts maker ArvinMeritor Inc. reported a quarterly loss on Tuesday and forecast a bigger loss for the current quarter, saying it will be impacted by Chrysler LLC's plant shutdown during its bankruptcy process. Full story...

A looming General Motors bankruptcy won't deter bondholders from pressing ahead with demands for more favorable treatment in the automaker's restructuring, an adviser for the creditors said. Full story...

Ford Motor Co. is looking at making a $400 million investment in its Michigan Assembly Plant and a related stamping operation in Wayne, Mich., aided by some $159 million in state tax assistance approved today. Full story...

General Motors has started to notify 2,600 dealers of plans to eliminate them, and a dealers group is trying to block the effort by getting elected officials to intervene. Full story...

GMAC Financial Services is extending through May a policy that allows dealers to avoid making certain payments on aging inventory. GMAC had suspended dealers' so-called curtailment payments in April. Full story...

U.S. automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat S.p.A. Full story...

AMES, Okla.- Brent Hajek already has a passion for living, but that passion burns brightest when he's talking about racing, racing history and his love of all things Ford. Fortunately for fans of Ford, Hajek's passion has prompted the Ames, Oklahoma native and owner of Hajek Motorsports to pursue his own place in racing history. Full story...

"With a view on the biofuels industry that ranges from the advanced agricultural seed we sell through Pioneer Hi-Bred to the new advanced biofuels technologies we are bringing to market including cellulosic ethanol and biobutanol, we find ourselves with a unique perspective on the Obama administration announcement to create a Biofuels Interagency Working Group. Full story...

Median lines will be green this year on New Brunswick roads. Full story...

Azure Dynamics Corporation (TSX: AZD) - ("Azure") or (the "Company"), a leading developer of innovative hybrid green technologies that address environmental and cost issues for operators of commercial vehicle fleets, announced today that five Balance(TM) Hybrid Electric trucks were ordered by the City of Toronto. The five trucks will be put into service in three different city divisions including the Library; the Parks, Forestry and Recreation Division; and Solid Waste Management Services. Full story...