Should Congress approve a Big Three bailout? No, it'll be painful, but the US automakers must be left to their fate instead of being bailed out by the US government, argues Mark Bursa. Yes, these are exceptional times requiring exceptional measures and the alternative could be very much worse, not just for Detroit but for the whole US economy, says Dave Leggett.
Full story...
The fastest Audi ever makes its debut at Essen Motor Show.
Full story...
Sharper lines, a smooth nose and large grille mark out all-new 3.
Full story...
The German auto industry -- this year heading for the worst domestic car sales since the country's reunification in 1990 -- sees more trouble ahead as the market shrinks more next year, it said on Wednesday.
Full story...
The German car market was down almost 18% year on year in November, putting 2008 on track to be the worst year for car sales since reunification in 1990.
Full story...
Ford's Saarlouis plant is well prepared for the financial crisis, according to the factory's manufacturing director.
Full story...
Porsche sales in North America were down almost by half in November. The company sold 1,378 cars in the US and 115 in Canada, a decline of 46% compared to the same month a year ago.
Full story...
General Motors is considering selling its Swedish premium brand Saab. )x("",We will look at all the possible options, including possible sale, starting immediately, Fritz Henderson, GM's vice chairman and chief operating officer, said.
Full story...
Civil rights leader Jesse Jackson wants to mobilize minority auto dealers, suppliers and media to help explain the role the Detroit 3 play in local and minority communities across the nation. Jackson has scheduled a meeting Friday in Detroit.
Full story...
If U.S. auto sales sink beyond Ford Motor Co.'s forecasted rate, Ford will need a federal loan to survive 2009, CEO Alan Mulally said yesterday.
Full story...
Is the smell of death keeping customers away from General Motors showrooms? You bet, says Mark LaNeve, GM's vice president of North American sales, service and marketing.
Full story...
The Detroit 3 yesterday increased their appeals for federal loans beyond the $25 billion requested in November. General Motors, Ford Motor Co. and Chrysler LLC together are asking Congress to approve loans and credit lines that total $34 billion.
Full story...
Audi is sticking with soft tops as it expands its popular A5 coupe family to include convertibles.
Full story...
The great-grandson of the man who founded the car-maker Chrysler in 1924 on Tuesday added his voice to the campaign to save the company, noting it also built 22,000 tanks in World War Two and rockets that put the first American on the moon.
Full story...
Chrysler CEO Bob Nardelli will ask Congress this week for a $7 billion bridge loan by Dec. 31 to help the automaker survive until market conditions improve. Chrysler will have about $2.
Full story...
The contract was officially signed on Wednesday. Canadian Jacques Villeneuve, the 1997 formula 1 world champion will contest the full 2009 season of the Speedcar series this winter.
Full story...
In the grip of the global financial crisis, Honda's formula one team has cancelled its usual annual post-season media lunch.
Full story...
Sebastien Loeb may have already wrapped up this year's WRC Drivers' title but the battle between Ford and Citroen for the Manufacturers' trophy is going right to wire.
Full story...
Chrysler LLC chairman and CEO Robert Nardelli will present a business plan before various committees of the US senate this week to appeal for "bridge financing' for the suffering American auto industry. The plan was submitted yesterday to the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services.
Full story...
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