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Dec
9th

F1: Lenovo to switch Formula 1 backing to McLaren

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Chinese computer maker Lenovo is expected to switch its formula one sponsorship from Williams to McLaren ahead of the 2009 season. Full story...
Dec
9th

NASCAR: Incorrect rumours about the Nationwide Series

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An unfounded rumour has been flying around Montreal saying that the NASCAR Nationwide race to be held next August at Le Circuit Gilles-Villeneuve might be cancelled. Full story...
Dec
9th

2009 Cadillac CTS-V First Impressions

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Okay, I have so much to tell you about the new 2009 Cadillac CTS-V that I don't know where to start. First, there's the outrageous power that makes it the fastest production sedan ever produced by a domestic manufacturer. Then there are the incredible sound effects and driving dynamics, not to mention the fact that it's the first serious American threat to the German performance leaders. Full story...
Dec
8th

Audi R8 V10

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Audi's sensational V10-engined R8 has finally been unveiled, and Auto Express has the first official pictures. Full story...
Dec
8th

Detroit 3 aid talks continue; Pelosi says she’s ‘encouraged’

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Negotiations continued Monday night on legislation that would provide an estimated $15 billion in emergency federal loans to General Motors and Chrysler LLC. Full story...
Dec
8th

Audi unleashes V-10 R8 supercar

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Audi is taking its high-end sports car up a notch – in performance and in pricing. Full story...
Dec
8th

Report: Bailout draft plan sent to White House

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WASHINGTON -- Congressional Democrats sent the White House a draft of a roughly $15 billion auto bailout that is expected to come to a vote this week, the Associated Press said. Full story...
Dec
8th

UAW seeks GM board seat, local chief says

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DETROIT (Reuters) -- The UAW is seeking a stake in General Motors and a board seat as the union offers concessions intended to allow the automaker to slash costs and clinch federal aid, a union official said. Full story...
Dec
8th

UAW seeks GM board seat

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The United Auto Workers union is seeking a stake in General Motors Corp and a board seat as it offers concessions intended to allow the automaker to slash costs and clinch federal aid, a union official said. Full story...
Dec
8th

Le Mans cancels annual test weekend:

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The Automobile Club de l'Ouest--organizer of the 24 Hours of Le Mans--has canceled the 2009 Le Mans Test Weekend scheduled to take place two weeks before June's 24-hour race, citing financial reasons. Full story...
Dec
8th

Cosworth set to supply Formula One with standard engine:

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The FIA is set to award famous racing-engine maker Cosworth the contract to be Formula One's sole "reference" engine supplier between 2010 and 2012. Full story...
Dec
8th

ANALYSIS: Detroit’s big bungle in D.C. and the PR lessons learned

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After Congress told the Detroit 3 CEOs to get back on their private jets and come back with a detailed plan the next time they came asking for a $25 billion loan, it was abundantly clear that GM, Ford and Chrysler had all terribly missed the mark... Full story...
Dec
8th

We’ll all be singing Motown blues in ’09

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Anyone who depends on automotive marketing for a living already knew they were in for a bumpy ride in 2009. Last week they started to get an idea of just how sickening it could be. Full story...
Dec
8th

VW names first batch of Tenn. suppliers

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A German company with long-standing ties to Volkswagen AG and a minority-owned company in Michigan are among the first to supply a new mid-sized sedan planned for VW's factory being built in Chattanooga, Tenn. Full story...
Dec
8th

White House: Auto czar should be able to force bankruptcy

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The government overseer who would be in charge of emergency aid for the Detroit 3 should have the power to force an automaker into bankruptcy if the company fails to restructure for long-term viability, the White House said today. Full story...
Dec
8th

Study: Automakers’ failure would cost U.S. more than aid

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The collapse of two Detroit automakers would cost the United States government at least four times as much as loans to keep them alive, a new study says. Full story...
Dec
8th

Study: Federal loans would cost less than bankruptcy

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The least expensive way for the federal government to put the auto industry's troubles in the nation's rearview mirror is to cut the Detroit 3 a check, a new study says. Full story...
Dec
8th

SLOVAKIA: Car production drags down Slovakian output

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The global economic slowdown's latest victim appears to be Slovakian car manufacturing, according to data out today. Full story...
Dec
8th

INDIA: Automakers to pass on tax cut

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Tata Motors plans to pass on a 4% reduction in India's central value-added tax to its customers. Full story...
Dec
8th

CHINA: Government agency to finance Chery exports

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Chery Automobile expects access to loans of RMB10bn (US$1.5bn) from the China Export and Import Bank to finance expansion abroad. Full story...
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