Dec
6th
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Jim Pla (FR) secured an excellent starting position for what he hopes will be a successful Formula BMW World Final campaign. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Dec
6th
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Jari-Matti Latvala (Ford Focus) still leading Rally GB after day 2, just ahead world champion Sebastien Loeb (Citroen C4).
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Dec
6th
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Due to overnight storms, there is excessive flooding at the Dubai Autodrome today where the Sprint Race of the second round of the GP2 Asia Series was to take place at 1:10pm. Full story...
Dec
6th
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David Richards is believed to be perhaps the most serious of the prospective buyers of Honda's formula one team. Full story...
Dec
6th
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Contracted Honda driver Jenson Button could flee the beleaguered team before the start of the 2009 season. Full story...
Dec
6th
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Bruno Senna may now turn to the Toro Rosso team to fulfil his desire to join the formula one ranks in 2009. Full story...
Dec
6th
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Jim Pla (FR) secured an excellent starting position for what he hopes will be a successful Formula BMW World Final campaign. Full story...
Dec
5th
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Toyota Motor Corp. late today said it was cutting North American production of its best-selling cars including the Camry and Corolla sedans in response to rising inventories and a slump in sales. Full story...
Dec
5th
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DETROIT -- The exit of 5,000 salaried employees in the past week has created )x("",chaos within Chrysler LLC, and the company's suppliers are nervous about a potential bankruptcy filing, according to a report published today. Full story...
Dec
5th
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Ford Motor Co. is asking Canadian governments for a $2 billion (Canadian), or $1.57 billion U.S., line of credit to tap in the event of a worsening economy. Full story...
Dec
5th
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Civil rights leader Jesse Jackson wants the 4 million Americans he estimates will lose their jobs if the Detroit 3 go out of business to support the companies with massive, peaceful, public demonstrations. Full story...
Dec
5th
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German carmaker Mercedes-Benz said today that Formula One teams must cut costs by at least 50 percent over the next two years. Full story...
Dec
5th
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If the Detroit 3 close more plants in North America, Canada is likely to bear the brunt of it before the United States and Mexico do, an industry analyst said here this week. Full story...
Dec
5th
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General Motors says it will eliminate eight nameplates by 2012. But determining which vehicles will go isn't as simple as finding eight sales duds in GM's lineups. GM did not release a list of nameplates to be dropped. Full story...
Dec
5th
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Chrysler LLC retained the services of the international law firm Jones Day as bankruptcy counsel several weeks ago, The Wall Street Journal reported today, citing sources familiar with the matter. Full story...
Dec
5th
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Chrysler LLC confirmed today that it had hired global law firm Jones Day to assess financial alternatives -- and said the legal firm's analysis supports the auto industry stance that bankruptcy isn't a viable option. Full story...
Dec
5th
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Chrysler LLC CEO Bob Nardelli says 240 Chrysler dealers have been forced out of business this year because they could not get access to adequate financing. Full story...
Dec
5th
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Carmakers in India have slashed prices as the once booming industry struggles to maintain sales amid a slower economy and tighter credit. Full story...
Dec
5th
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Michigan Republican Representative Thaddeus McCotter has proposed a plan to give the US auto industry a much needed bridge loan while also punishing the financial industry for its handling of bail-out funds. Full story...
Dec
5th
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A senior U.S. congressional leader warned today of an "unmitigated disaster" if a major U.S. automaker were allowed to collapse at a time when the economy is already losing jobs at an alarming pace. Full story...