Ford's UK operation claims to have entered 2009 in a stronger position than many rivals - because it saw the economic downturn coming and took early action.
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Italy's government promised to unveil a package to help the country's auto industry within the next 10 days. The government is looking at incentives for car buyers totaling around 300 million euros, according to Italian media.
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Grainy spy shot gives best look yet at Peugeot’s forthcoming Mondeo rival, which promises innovative drivetrain to match its dramatic, modern look.
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The billionaire owner of German supplier Schaeffler Group rejected speculation she could use her own fortune to bail out the heavily indebted company rather than seek help from German taxpayers. "Our wealth is bound up in the company.
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Analysts and investors expect Ford to announce a large fourth quarter loss later on Thursday (29 January) and are expected to closely scrutinise its cash burn and near-term prospects.
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Amid an estimated 25 percent drop in the global car market in January, Volkswagen's vehicle sales fell by only 15 percent, VW's chief executive told the Financial Times.
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Organizers struggled Thursday to save this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis.
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Organizers have cancelled this year's Barcelona auto show after major automakers pulled out of the event due to the economic crisis.
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The French parliament has scrapped the senate's earlier approval of a formula one circuit project in the Yvelines area near Paris.
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One of the best-known racing team in the IndyCar series, Rahal Letterman Racing, has announced that it won't participate in the 2009 IRL season.
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Newly formed Richard Petty Motorsports has confirmed that AJ Allmendinger will drive the No.44 Dodge for the upcoming 2009 Sprint Cup series season with the team retaining an option for next year.
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One of the best-known racing team in the IndyCar series, Rahal Letterman Racing, has announced that it won't participate in the 2009 IRL season.
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Earlier today, a British newspaper reported that the Formula 1 team currently known as Honda was in talks with the British government in the hope of qualifying for a loan.
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If we believed everything the carmakers told us, it'd be hard to determine whether BMW, Audi or Mercedes-Benz in fact had the 'best' central command interface on the market. All three automakers claim superiority, and all three have recently updated their systems to varying degrees.
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The Formula 1 team currently known as Honda is in talks with the British government in the hope of qualifying for a loan.
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No longer a team owner, the four-time Formula 1 world champion Alain Prost admits he is happy to now be a formula one spectator.
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Videos of Speedcar Series events are now available on the web. Specially created and edited packages of exclusive footage can be found on a dedicated YouTube channel after each race.
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The performance gods are smiling today. This morning, Porsche announced that they'd be debuting the fastest and most refined 911 GT3 ever at the Geneva Motor Show - which is just over a month away.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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