Auto News 5

Ford Focus Revealed, VW Scirocco, Mercedes Fascination Driven, Lambo Powered Audi R8, Honda's Hybrid revealed Full story...

The Senate late on Thursday failed to craft a Detroit 3 bailout that would have rolled back UAW wages and benefits to the level of North America's transplant automakers. Full story...

The U.S. Treasury Department maintains that a $700-billion bailout fund approved by Congress is best used in trying to stabilize the nation's troubled financial sector and a spokeswoman indicated on Thursday night that was unlikely to change. Full story...

The U.S. Treasury Department maintains that a $700-billion bailout fund approved by Congress is best used in trying to stabilize the nation's troubled financial sector and a spokeswoman indicated on Thursday night that was unlikely to change. Full story...

Chrysler LLC's suppliers have begun asking for cash on delivery for auto parts, the Associated Press reported late Thursday, citing an interview with executives. Full story...

Adam Parr, the Williams chief executive, has admitted he regrets making "stupid" comments about the risk of formula one losing another team before the start of the 2009 season. Full story...

The World Motor Sport Council of the FIA met in Monaco on December 12, 2008. The following decisions were taken in regards to the future of Formula 1. Full story...

Late yesterday night, the U.S. Senate failed to pass a $14-billion rescue package for the Big 3. This morning, the Bush Administration announced it is considering providing help with money from the Wall Street bailout to prevent the collapse of the automakers. Full story...

Adam Parr, the Williams chief executive, has admitted he regrets making "stupid" comments about the risk of formula one losing another team before the start of the 2009 season. Full story...

Organisers of the German grand prix at Hockenheim have imposed a deadline of March 31 2009 to decide whether formula one will ever return to the circuit. Full story...

As already announced, the 2010 World Rally Cars will be based on S2000 machinery. Full story...

Marco Andretti will be back with the Andretti Green Racing squad in 2009 as team AGR confirmed that they have completed their four-car IndyCar Series line-up for next season. Full story...

The World Motor Sport Council of the FIA met in Monaco on December 12, 2008. The following decisions were taken in regards to the future of Formula 1. Full story...

The automotive world is shrinking by the second. After Volkswagen, BMW is now selling diesel-powered cars in North America. A 3-Series sedan called 335d and a new variant of the X5 known as the xDrive35d are now part of the brand's portfolio. Wolfsburg's TDI monopoly will soon be no more. A new market segment is fast emerging and the 2009 BMW 335d, the first premium compact sedan to run on diesel in Canada, represents the tip of this iceberg. Full story...

Dyson Racing and Mazdaspeed Motorsports have joined forces for a long-term partnership in American Le Mans sports car racing. Full story...

A few automakers are turning their backs on the auto show in Motor City, but that won't stop the venue from being an exciting one. Full story...

A bill to provide emergency loans to Detroit automakers is dead for now, Senate Majority Leader Harry Reid said late Thursday. )x("”",We have not been able to get this over the finish line,” Reid said. Full story...

WASHINGTON (Reuters) -- Prospects for an auto industry bailout revived in the U.S. Senate on Thursday as surprise negotiations on a compromise moved forward and a vote was possible later in the day. Full story...

General Motors hired outside advisers to weigh bankruptcy, but the board determined that a filing was not an option, a GM spokesman said on Thursday. Full story...

The National Automobile Dealers Association extended the online registration period for its annual convention by two weeks after advance registrations dropped 30 percent. The original deadline was Dec. 5. The new Dec. Full story...