Apr
1st
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E63 AMG outguns BMW with huge V8 power unit and also promises raft of driver aids to match thrilling pace.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
1st
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General Motors today denied a newspaper report that it had approached the British government to discuss a 600 million pound ($859 million) aid package for its Vauxhall brand. Full story...
Apr
1st
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General Motors has approached the British government to discuss a 600 million pound ($859 million) aid package for its local marque Vauxhall, the Financial Times quoted a leading trade union official as saying. Full story...
Apr
1st
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General Motors has approached the British government to discuss a 600 million pound ($859 million) aid package for its local marque Vauxhall, the Financial Times quoted a leading trade union official as saying. Full story...
Apr
1st
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Carmakers have stopped cutting sales and output forecasts but the industry's recovery will be long and gradual, Yann Delabriere, the chief executive of parts supplier Faurecia, told newspaper Les Echos on Wednesday. Full story...
Apr
1st
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General Motors bondholders on Tuesday braced for a reduced offer of "pennies on the dollar" for about $28 billion in outstanding GM debt and new terms for a swap under a revised survival plan. Full story...
Apr
1st
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Honda Motor Co. said Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and reduce pay for salaried and factory workers. Full story...
Apr
1st
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The French state has agreed to invest 20 million euros in an equity stake in French metals group Farinia. It is part of the country's bid to help domestic companies weather the financial crisis. Full story...
Apr
1st
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Aston Martin is in talks with investors to raise its capital as it looks to finance growth and shield itself from the global economic downturn, but the automaker does not expect its Kuwaiti investor to sell its stake, the CEO said. Full story...
Apr
1st
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Sonic Automotive Inc. said Tuesday it posted a fourth-quarter loss and echoed auditors' concerns about the dealership group's ability to continue operations. Sonic's auditors said they had doubts the company could continue as a going concern. Full story...
Apr
1st
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Visteon Corp. said on Tuesday that lenders had granted the auto parts maker temporary waivers on credit facilities after auditors, as expected, raised significant doubt about its ability to continue as a business. Visteon, spun off by Ford Motor Co. Full story...
Apr
1st
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President Barack Obama's thinking on the crisis facing General Motors has not changed since Monday, a senior administration official told Reuters on Tuesday. Full story...
Apr
1st
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Honda Motor Co. said Tuesday it would cut production in North America by 62,000 vehicles by shutting down factories for 13 days starting in May and reduce pay for salaried and factory workers. Full story...
Apr
1st
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Éric Bachelart's Conquest Racing IndyCar team has confirmed Wednesday that Canadian race car driver Alexandre Tagliani will drive the sole entry of the team in the St. Petersburg race. Full story...
Apr
1st
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Teams Brawn GP, Toyota and Williams all raced the Grand Prix of Australia in Melbourne with cars fitted with diffusers that not only bring speed but also controversy. Full story...
Apr
1st
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Team Williams' Technical Director Sam Michael is predicting a strong weekend in Malaysia for the Williams-Toyota team. Full story...
Apr
1st
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Peter Horbury executive director, Ford Americas design, will return to Volvo as vice president, design, based in Gothenburg, Sweden. Horbury will replace Stephen Mattin, who has left Volvo to pursue other opportunities. Moray Callum, currently director of design for cars, Ford Americas, will replace Horbury as executive director, Ford Americas design in Dearborn. Both appointments are effective May 1. Full story...
Apr
1st
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Schools and businesses are teaming up in Nova Scotia to remind drivers that idling cars spend unnecessary fuel. Idle-free signs are being distributed through Conserve Nova Scotia's Drive Wiser program. Businesses and institutions are invited to install them as a way to encourage drivers to turn off engines to help protect the environment. Full story...
Apr
1st
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French drivers Jean-Christophe Boullion, Simon Pagenaud and Benoît Tréluyer to share Pescarolo Sport's private Peugeot 908 Hdi at the 24 Hours of Le Mans in June. Full story...
Apr
1st
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The Toyota Formula 1 team has decided to drop its appeal against Jarno Trulli's confiscated Australian Grand Prix podium. Full story...