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Apr
29th

Magna founder Stronach says he wants to help GM’s Opel

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Austrian-Canadian car parts maker Magna International wants to help Opel but it is too early to say what role it will play, Magna founder Frank Stronach said in a newspaper interview on Wednesday. "We don't see ourselves as a white knight. Full story...
Apr
29th

Obama may announce Chrysler bankruptcy Thursday, report says:

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Barack Obama is planning to announce Thursday morning that Chrysler LLC will file for Chapter 11 bankruptcy protection as it completes an alliance with Fiat S.p.A., Bloomberg News reported, citing people familiar with the matter. Full story...
Apr
29th

Ford projects 2nd-half uptick in sales

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Ford Motor Co. expects a modest improvement in sales in the second half of 2009. But the automaker won't be cranking up production until demand actually materializes, said George Pipas, Ford's sales analysis and reporting manager. Full story...
Apr
29th

Ford projects 2nd-quarter uptick in sales

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Ford Motor Co. expects a modest improvement in sales in the second quarter of 2009. But the automaker won't be cranking up production until demand actually materializes, said George Pipas, Ford's sales analysis and reporting manager. Full story...
Apr
29th

Chrysler extends incentives through Monday

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With Chrysler LLC's bankruptcy prospects still up in the air, the company extended its major incentive programs through Monday, May 4. Full story...
Apr
29th

Brian Wilson to perform at Petersen fundraiser:

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The annual Petersen Automotive Museum's fundraising event on May 7 promises to be fun, fun, fun when Beach Boy Brian Wilson and his band take the stage. Full story...
Apr
29th

Chevy Cruze is a huge step in the right direction:

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How ironic that General Motors is launching the excellent Chevrolet Cruze compact sedan just as the parent company faces the question of its very survival. Full story...
Apr
29th

Cruze in control: Chevy’s next compact is a huge step in the right direction:

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How ironic that General Motors is launching the excellent Chevrolet Cruze compact sedan just as the parent company faces the question of its very survival. Full story...
Apr
29th

Chrysler bankruptcy lawyer oversees juggling act

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Corinne Ball, the charismatic and hard-charging lead bankruptcy attorney for Chrysler LLC, is likely finding every one of her negotiating skills pushed to its limit this week. Full story...
Apr
29th

Spied: Porsche 911 GT3 RS:

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The mild redesign of Porsche's 911 range will get to the ultra-high-performance GT3 RS model, based on these spy shots. Full story...
Apr
29th

2010 Nissan GT-R Premium – Four Seasons Update – April 2009

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2010 Nissan GT-R Premium - Four Seasons Update - April 2009
2010 Nissan GT-R Premium - April 2009 Four Season Update - Automobile Magazine
It looks like we've seen the last snow of the season and our GT-R is ready for some fun.

Time in Fleet: Six weeks
Miles to Date: 3381


Photo Gallery: 2010 Nissan GT-R Premium - April 2009 Four Season Update - Automobile Magazine


Full story...
Apr
29th

1937 Bugatti Type 57S Atalante coupe

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1937 Bugatti Type 57S Atalante coupe
1937 Bugatti Type 57S Atalante coupe - Rare Bugatti Supercar Found in England Garage - Automobile Magazine
When a garage-find Bugatti Type 57S Atalante coupe sold at Bonham's Paris auction recently for $4.4 million, the surprising thing wasn't its faded paint, rusty trim, and worn interior - it's that the car's condition likely bolstered its selling price.

When a garage-find Bugatti Type 57S Atalante coupe sold at Bonham's Paris auction recently for $4.4 million, the surprising thing wasn't its faded paint, rusty trim, and worn interior - it's that the car's condition likely bolstered its selling price.


Photo Gallery: 1937 Bugatti Type 57S Atalante coupe - Rare Bugatti Supercar Found in England Garage - Automobile Magazine


Full story...
Apr
29th

NEWS BRAKE: Wednesday, April 29:

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In today's News Brake: The FIA slaps Formula One team McLaren on the wrist and says don't lie again; the end of Saturn will cut into General Motors' hybrid sales; and the Ford Fusion Hybrid is quite the gas sipper ... But Wait, There's More! Full story...
Apr
29th

Renault revenues down 31% in Q1

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PARIS -- Renault reported Wednesday a massive drop in revenues during the first quarter of 2009, but signaled that inventories were declining as scrapping incentives across Europe boosted new-car orders above levels seen during the same period in... Full story...
Apr
29th

US: Chrysler making alliance progress, CEO tells staff

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Chrysler is continuing to make progress to complete a proposed alliance with Fiat and qualify for additional government loans, Chrysler CEO Bob Nardelli said on Wednesday. Full story...
Apr
29th

IRAN: IKCO plots Runna export strategy

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Iran Khodro (IKCO) will begin exporting its newly introduced car, Runna, to Turkey by July, according to the firm's Turkish distributor. Full story...
Apr
29th

UK: GM gets European approval for equity swap

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General Motors has received European regulatory approval for its debt for equity swap. Full story...
Apr
29th

FRANCE: PSA starts diesel hybrid ‘pilot process engineering’

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PSA Peugeot Citroën's Mulhouse and Sochaux plants have launched pilot projects to process engineer the new 'HYbrid4 hybrid diesel 4WD' technology. Full story...
Apr
29th

FRANCE: Renault Q1 group sales down 22.4%

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Renault's worldwide group sales fell 22.4% in the first quarter, in line with global market trends, the automaker said on Wednesday. Full story...
Apr
29th

GM will pay terminated dealers only for inventory, parts

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General Motors says it will repurchase unsold new vehicles and parts from dealers whose franchise agreements are terminated, but the automaker won't compensate dealers for the loss of the franchise. Full story...
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