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Dec
18th

Germany says no Opel guarantee decision by Christmas

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The German government will not have a decision before Christmas on whether it will make available liquidity for General Motors' struggling German unit Opel, government sources told Reuters on Wednesday. Full story...
Dec
18th

Report: Schaeffler wants Continental Chairman out

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Schaeffler plans to oust Continental's Chairman Hubertus von Gruenberg after it gains approval of its planned takeover of the automotive supplier, Handelsblatt newspaper said, citing sources close to Continental's supervisory board. Full story...
Dec
18th

Chrysler’s plant closings add to bailout pressure

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Chrysler LLC's decision to halt factory operations for at least a month put new pressure on the Bush administration to quickly help cash-strapped automakers. Full story...
Dec
18th

Chrysler’s plant closings add to bailout pressure on Bush

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Chrysler LLC's decision to halt factory operations for at least a month put new pressure on the Bush administration to quickly help cash-strapped automakers. Full story...
Dec
18th

GM denies report it’s in merger talks with Chrysler

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General Motors today denied a report that it was again holding merger talks with Chrysler LLC. "There are no talks going on at all,'' GM spokesman Tony Cervone said. Full story...
Dec
18th

General Motors denies merger talks with Chrysler

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Ailing U.S. automotive giant General Motors denied reports Thursday that it was holding merger talks with its likewise stricken competitor, Chrysler. Full story...
Dec
18th

Report: GM, Chrysler reopen merger talks as cash supplies dwindle

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General Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported. Full story...
Dec
18th

Report: GM, Chrysler reopen merger talks as cash supplies dwindle

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General Motors and Chrysler have reopened merger talks as Chrysler owner Cerberus Capital Management has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported. Full story...
Dec
18th

Report: GM, Chrysler reopen merger talks as cash supplies dwindle

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General Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported. Full story...
Dec
18th

Report: GM, Chrysler reopen merger talks as cash supplies dwindle

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General Motors and Chrysler LLC have reopened merger talks as Chrysler owner Cerberus Capital Management LP has signaled a willingness to give away part of its ownership in the automaker, the Wall Street Journal reported. Full story...
Dec
18th

Valeo to cut 5,000 jobs worldwide as outlook darkens

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Auto-parts supplier Valeo will eliminate 5,000 jobs worldwide in response to declining car production and a pessimistic outlook for 2009. Full story...
Dec
18th

MotoGP: Valentino Rossi to race Superbikes?

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According to reports in Europe, the second round of the 2009 World Superbike Series' season in Qatar could play host to a race in which MotoGP champion Valentino Rossi would ride a WSBK-spec Yamaha R1, while retired WSBK champion Troy Bayliss would ride his Ducati Xerox for one round. Full story...
Dec
18th

Bikes: Michael Schumacher says no to Superbikes

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Seven-time Formula 1 World Champion Michael Schumacher has ruled competing in a round of the World Superbike Championship this season. Full story...
Dec
18th

F1: Most teams may not use KERS in Australia

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It is possible that many - or most - formula one cars will take to the grid for March's 2009 season opener without active KERS systems. Full story...
Dec
18th

F1: Luca di Montezemolo hints Bernie Ecclestone should quit

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Ferrari president Luca di Montezemolo has hinted heavily that Bernie Ecclestone, F1's 78-year-old long time boss, should consider retirement. Full story...
Dec
18th

Legacy Concept to showcase future style of Subaru’s flagship

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It's autoshow season, and manufacturers are presenting concepts that will hint at the future design of vehicles in their lineups. Subaru is no exception. The Japanese automaker famous for safety and symmetrical all wheel drive has announced they their Legacy Concept will be making its world debut next month. Full story...
Dec
18th

IRL: Sébastien Bourdais to race in the IndyCar series in 2009?

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The future of Toro Rosso's Sébastien Bourdais in Formula 1 is still unclear but the Frenchman won't wait helplessly on the sidelines for a decision to come and he is considering a return to racing in North America. Full story...
Dec
18th

MotoGP: Valentino Rossi to race Superbikes?

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According to reports in Europe, the second round of the 2009 World Superbike Series' season in Qatar could play host to a race in which MotoGP champion Valentino Rossi would ride a WSBK-spec Yamaha R1, while retired WSBK champion Troy Bayliss would ride his Ducati Xerox for one round. Full story...
Dec
18th

F1: Global crisis to impact driver salaries

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Formula 1's high-earning race drivers will not be able to avoid the impact of the financial crisis, according to leading team bosses. Full story...
Dec
18th

Ford F-150 wins latest awards round, voted Motor Trend’s Truck of the Year

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It seems like a tough battle between the Dodge Ram and the Ford F-150, both totally redesigned for 2009. The latest round in the head-to-head grudge match goes to the F-150 for claiming Motor Trend Magazine's "Truck of the Year" honours. At the end of October, the Ram outscored the Ford by a small margin to become the AJAC's "Best New Pickup Truck" for 2009. Full story...
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