Auto News 5

German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...

German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...

German Economy Minister Karl-Theodor zu Guttenberg said late on Monday that General Motors appears willing to help Europeans in saving GM's Opel unit. Guttenberg spoke with reporters after talks with GM CEO Rick Wagoner in Washington D.C. Full story...

Supplier Johnson Controls Inc. has sold $852.5 million in equity units and convertible notes, the company said in a statement on Monday. Full story...

Auto parts supplier Noble International Ltd. said on Monday it is seeking short-term funding from the Detroit 3 automakers, and without the help it is unlikely it will be able to maintain operations to March 23. Full story...

The Florida Automobile Dealers Association is going on the offensive to help dealers protect themselves should they, General Motors or Chrysler LLC enter bankruptcy. Other topics will help dealers manage their stores in a recession. Full story...

Supplier Johnson Controls Inc. has sold $852.5 million in equity units and convertible notes, the company said in a statement on Monday. Full story...

Advisers to General Motors' bondholders said Monday they have presented a framework plan to President Barack Obama's autos task force and the company that provides GM's best chance for an out-of-court restructuring. Full story...

Sonic Automotive Inc., which suspended its dividend last month to save cash, said its auditors may raise doubts about the dealership group's ability to continue as a going concern. Full story...

Advisers to bondholders of General Motors said on Monday they have presented a framework plan to U.S. President Barack Obama's autos task force and the ailing automaker that provides the company's best chance for an out-of-court restructuring. Full story...

The AMA 450 Supercross 20 lap main event was presented in Daytona last Saturday and Suzuki rider Chad Reed did an outstanding job by winning the race and taking over the points lead. Full story...

Brawn GP driver Jenson Button today beat the best lap time of the week set by Fernando Alonso at the wheel of the Renault. Full story...

Guy Giroux is 10-time Quebec and three-time Canadian Enduro Champion. He is the official BMW Canada rider for 2009, aboard a G450X, and as a member of Team Moto123.com will keep us informed on his racing throughout the season. Full story...

During the Annual General Ferrari Stockholders Meeting, Chairman Luca di Montezemolo announced Jean Todt's decision to resign his membership of the Ferrari Board of Directors and from all of the other positions he holds in the Company. Full story...

On April 9, 2009, Porsche and East Side House Settlement (ESH), a leading social services agency that serves young people and families in the South Bronx, will host the 10th Annual Gala Preview of the New York International Auto Show at the Jacob K. Javits Center. Making its North America debut, a 2010 Porsche 911 GT3 will be auctioned at the event to support ESH college preparation programs and a state-of-the-art computer technology center for the residents of Mott Haven in the South Bronx. Full story...

MISSISSAUGA, ON, - In a period of economic uncertainty KIA Canada made the bold move to launch an all new vehicle return program called the KIA Integrity Advantage. The Program utilizes key components pioneered by the leader in vehicle return products, WALKAWAY Canada Incorporated, and is underwritten by Echelon General Insurance Company, a service leader in the insurance industry. Full story...

The decision by Team Suzuki / Blackfoot / Picotte Performance to enter Miguel Duhamel in the 2009 Daytona 200 Mile race was taken very late in the game, as the budget necessary to get the five-time 200 winner Miguel Duhamel on a Suzuki GSX-R600 was finalised 13 days before the race truck had to leave Granby for the Florida track. Full story...

With veteran Japanese driver Takuma Sato's Formula 1 career likely over, his manager has taken a parting shot at Red Bull. Full story...

Injured Dani Pedrosa was forced to miss Repsol's official 2009 launch event in Madrid's Palacio de Deportes yesterday as he is still recovering after surgery on his left wrist and knee, which were both injured in a testing accident at Losail. Full story...

The World Motor Sport Council of the FIA on Tuesday rejected Formula 1 teams' unanimous proposal to tweak the formula one points system. Full story...