Auto News 5

Insolvency could be an option for Opel though it need not mean the General Motors' unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview today. Full story...

BRUSSELS (Reuters) -- Belgium's largest car distributor, D'Ieteren presented a gloomy outlook for this year. Full story...

BRUSSELS (Reuters) -- Belgium's largest car distributor, D'Ieteren presented a gloomy outlook for this year. Full story...

Insolvency could be an option for Opel though it need not mean the General Motors' unit going bust, German Interior Minister Wolfgang Schaeuble said in a newspaper interview on Friday. Full story...

Volkswagen's Mexico plant, where the popular new Beetle cars are made, will halt operations for three weeks as the U.S. recession cuts into demand, the leader of the autoworkers union said on Thursday. Full story...

The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement on Friday. Full story...

JM Family Enterprises Inc., owner of the distributor that accounts for 16 percent of Toyota sales in the United States, has dismissed 500 employees because of the shrinking auto market. Full story...

Supplier BorgWarner Inc. said Thursday it will suspend its 12 cents-per-share quarterly dividend to maintain financial flexibility while the economy remains mired in a slump. Full story...

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. Full story...

The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement today. Full story...

The former Honda Formula One team has been saved and will race this season as Brawn GP under new owner Ross Brawn, the renamed team said in a statement on Friday. Full story...

The downward spiral carries on in February for most automakers, as total Canadian light vehicles sales are down by 27.7% compared to the same period in 2008. Only 8 out of 26 brands saw their sales numbers go up. Full story...

The new Brawn GP team has released a photo of the new Mercedes-Benz powered BGP001 car driven by Jenson Button at Silverstone. Full story...

The team commonly known as Honda Racing has survived the withdrawal of the Japanese carmaker and will be called 'Brawn GP' in 2009, it was confirmed officially on Friday. Full story...

The extent of Honda Racing F1 chief executive Nick Fry's involvement in the newly born Brawn GP organization is yet to be clarified. Full story...

Last year Kevin Kalkhoven and Jimmy Vasser ran Will Power and Oriol Servia in a two-car line-up but things are more difficult now in IndyCar. Brazilian Mario Moraes is the only confirmed driver for the 2009 season at KV Racing. Full story...

The new Brawn GP team has released a series of photos of the new Mercedes-Benz powered BGP001 car driven by Jenson Button at Silverstone. Full story...

Back when the SUV was bought primarily for its four wheel drive, actually having four wheel drive was considerably more important. If you didn't need it, there was always the minivan. Now, things are slightly more complicated. People now buy SUV's to satisfy a far broader set of needs. Be it an eco-warrior, a sports car or a street-smart status symbol, in many regards, four wheel drive just isn't as relevant here anymore. Full story...

DEARBORN, Mich. - Ford's 2010 Escape, the small SUV with the best crash test ratings of any vehicle in its class, is increasing its technology leadership with the addition of five new features that improve safety, reduce driver distractions and aid drivers by automatically parallel parking their vehicle. Full story...

Reigning Formula 1 world champion, McLaren-Mercedes driver Lewis Hamilton has denied reports that he has bought a luxury yacht. Full story...