Apr
22nd
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First-quarter financial results from Europe's crisis-hit carmakers could show the benefits of government sales incentives. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
22nd
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Maserati North America Inc. said CEO Marti Eulberg has resigned after less than a year with the company. Her interim replacement will be Raffaele Fusilli, Maserati's global commercial director. Full story...
Apr
22nd
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Automotive wheel maker Hayes Lemmerz International Inc. expects auditors to express "substantial doubt" about its ability to remain in business. The suburban Detroit supplier also said it would file its annual financial report late. Full story...
Apr
22nd
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Workers from a Continental tire factory in France attacked a local government building on Tuesday after learning that an attempt to block the planned closure of their plant in court had failed, a lawyer and a union official said. Full story...
Apr
22nd
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The European Union Commission appears ready to extend the block exemption, the legal framework for auto sales in Europe, past May 31, 2010. Full story...
Apr
22nd
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Volkswagen posted a 76 percent drop in first-quarter operating profit on Wednesday, but automotive net liquidity rose 34 percent compared with the end of last year, as the group slashed investments. Full story...
Apr
22nd
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The latest debt reduction offer by Chrysler LLC's lenders is unacceptable because it would yield the lenders an unjustified return, an Obama administration official said. Full story...
Apr
22nd
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Volkswagen swung to first-quarter operating loss when excluding a one-off disposal gain but preserved cash as Europe's largest carmaker staved off the worst of a crisis in the automotive industry. Full story...
Apr
22nd
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Asian carmakers are in talks with the Moroccan government to set up plants with a capacity that could exceed 200,000 cars a year, a local car industry group said. Full story...
Apr
22nd
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Peugeot presented the Chinese crowd with a full-size model of the RD Concept, the winning project of the automaker's 5th design competition. Based on the theme "Imagine the Peugeot of the Worldwide Megalopolis of Tomorrow," the contest was a smashing success, with over 2,500 projects submitted by participants from 95 countries. Full story...
Apr
22nd
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The Renault-Nissan Alliance today announced that Oak Ridge National Laboratory (ORNL), the nation's largest energy-research center, is partnering with Nissan in Tennessee to promote the development of zero-emission vehicles and a complementary charging infrastructure. This expands the scope of an existing partnership between Nissan and the State of Tennessee, which also includes the Tennessee Valley Authority. Full story...
Apr
22nd
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Chrysler invented the minivan 25 years ago. More than 12 million minivan sales later, Chrysler today showed off four all-electric Chrysler Town & Country minivan concepts to the U.S. Postal Service (USPS) as part of the USPS Earth Day celebration. Full story...
Apr
22nd
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Green is in, and not the color, literally speaking. Fuel economy, clean emissions and extended range are touted more and more frequently around the new-car marketplace. Atmospheric friendliness and ecological responsibility may soon become must-have attributes, and growing circles brag more about consumption figures than horsepower and torque. Full story...
Apr
22nd
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Near closing-down is apparently not enough to restrain General Motors for participating to Sports Car Championships. Full story...
Apr
22nd
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Norbert Haug has admitted that the future of Mercedes-Benz engagement in Formula 1 is constantly under review. Full story...
Apr
22nd
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British racing car company Lola has announced it is contemplating a formula one foray for 2010. Full story...
Apr
22nd
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Like Tony Kanaan did in Long Beach a week ago, Panther Racing's Dan Wheldon will take part in his 100th IndyCar Series race when he'll go out on the track at the Kansas Speedway this coming Sunday. Full story...
Apr
22nd
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Following a post-race incident in Phoenix last weekend, Dale Earnhardt Jr and Casey Mears have been placed on probation by NASCAR. Full story...
Apr
22nd
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The Scuderia Ferrari's fortunes may rise again "if and when" Fernando Alonso joins the famous Italian team. Full story...
Apr
22nd
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If Formula 1 team McLaren is not in a position to win grands prix this season that is not the fault of engine and equity partner Mercedes-Benz. Full story...