Renault and PSA/Peugeot-Citroen could become the first two carmakers to win financial help from the European Investment Bank (EIB). The bank is considering Renault's request for a 400 million euro low-interest loan towards its electric car program.
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Chrysler LLC and Fiat S.p.A. design executives will begin meeting this week to determine the North American portfolio created by their new alliance.
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The UAW will sacrifice to help General Motors and Chrysler LLC get their federal loans, but doesn't expect to take lower wages, President Ron Gettelfinger said Wednesday night at the Automotive News World Congress.
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General Motors said Wednesday it received a delayed payment of $5.4 billion under the emergency funding provided by the U.S. government to keep it in business. "GM confirmed that it did receive today the second draw of its U.S.
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Consumers car-shopping in the 2020 model year will find vehicles that are smaller, lighter, and use a wide range of powertrains and materials. They may run on synthetic fuels.
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Ray LaHood, President Barack Obama's choice to head the Department of Transportation, said Wednesday that Obama is "not going to have to push me very hard" to raise fuel economy standards for cars and trucks.
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Ford says they'll launch a six-speed, dual-clutch transmission into North America's small-car segment next year. Their advanced new 'Power Shift' gearbox will provide enhanced efficiency and mileage compared to the conventional four-speed automatic common in this type of vehicle.
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Montréal - The sales downturn in the automobile industry doesn't intimidate Ford Motor Company of Canada president and CEO, David J. Mondragon. "Ford is very well positioned as we look at our business opportunities going forward", he told us last Thursday at the Montréal International Auto Show (MIAS) in an interview.
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Former Formula 1 driver Heinz Harald Frentzen topped the hour long Speedcar Series practice session this afternoon at the Bahrain International Circuit ahead of two races to follow this weekend on Friday and Saturday.
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Formula 1 supremo Bernie Ecclestone has revealed that he is closely involved in the sale of Honda's formula one team.
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With drivers coming from 26 countries and regions from six continents in 2009, the Daytona Rolex 24 may boast one of the biggest international fields in motor racing.
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A third formula one team has expressed concern about the questionable legality of Ferrari's newly launched F1 car ahead of the forthcoming 2009 season.
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Victoria, British Columbia - Last year, Hyundai took advantage of the Montreal International Auto Show to unveil the all-new 2009 Elantra Touring, a more family-oriented variant of their popular compact.
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It appears that Formula 1 chief executive Bernie Ecclestone remains in the throes of looming divorce.
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The Kart-O-Mania indoor karting centre celebrated its 10th anniversary on Wednesday night. A crowd of some one hundred persons made of guests of honour, VIPs, drivers and members of the medias gathered to celebrate.
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Reports in the Swiss and French press on Thursday suggest Sébastien Bourdais will shortly be confirmed as Toro Rosso's second race driver for the 2009 season.
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Former Formula 1 driver Heinz Harald Frentzen topped the hour long Speedcar Series practice session this afternoon at the Bahrain International Circuit ahead of two races to follow this weekend on Friday and Saturday.
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Speculation has stepped up a gear that 2009 could be Renault's last season in formula one.
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The Formula 1 teams braved another day of torrential rainstorms at the Algarve Motor Park in Portimao, Portugal today, forcing the team to take shelter in the garage for the entire session.
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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