General Motors executives will now fly commercial or take a charter jet. GM today said it is closing General Motors Air Transportation Services effective Jan. 1 after at least 61 years in existence.
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The UAW leadership plans to brief members on the economics of the embattled Detroit automakers tomorrow, a day after the companies are set to submit restructuring plans to U.S. lawmakers.
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The UAW believes time is too short for the "lame duck" Congress to enact a broad restructuring of the distressed U.S. auto industry and strongly opposes any pre-packaged bankruptcy plan, the labor group said yesterday.
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Toyota Motor Corp. said today it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan.
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A U.S.bankruptcy court today granted Delphi Corp.'s request to allow the U.S. auto parts maker to continue using the proceeds from its debtor-in-possession financing after it expires on Dec. 31.
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Ford Motor Co. CEO Alan Mulally will drive to congressional hearings in Washington, D.C., this week in a Ford Escape Hybrid. Mulally plans to leave Detroit on Tuesday to make the 9-hour drive, Ford spokesman Mike Moran said.
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Ford Motor Co. CEO Alan Mulally will agree to cut his annual salary to $1 as part of Ford's bid to win congressional support of federal aid to automakers, the Wall Street Journal reported.
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Walter Kafitz, the boss of the German formula one circuit at the Nurburgring, has rejected suggestions the country could soon be permanently unrepresented on the sport's annual calendar.
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The 2008 Formula 1 World Champion Lewis Hamilton is planning to spend an incredible (US) $1m on Christmas presents.
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Team Vodafone McLaren Mercedes-Benz will launch their 2009 car on 16 January, the British formula one team has confirmed.
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Renault Formula 1 Team boss Flavio Briatore says he would not offer MotoGP star rider Valentino Rossi a formula one race seat.
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Formula BMW Americas announced five race weekends as part of the Championship's 2009 schedule. Confirmed are four events in North America with the American Le Mans Series. For a second consecutive year, the season will end at the Brazilian Grand Prix.
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Renault Formula 1 Team boss Flavio Briatore says he would not offer MotoGP star rider Valentino Rossi a formula one race seat.
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Young Formula 3 driver Mirko Bortolotti, who so impressed during his debut test with Ferrari F1 last week, is not currently scheduled to reappear in the team's formula one car.
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Acura's six-car product lineup has just made history. For the very first time, the Insurance Institute of Highway Safety (IIHS) has given an automobile nameplate the prestigious "Top Safety Pick" rating for every vehicle in its lineup.
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NASCAR Sprint Cup team Red Bull have confirmed that Scott Speed and Brian Vickers will drive their Toyota Camry's next season.
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Team Vodafone McLaren Mercedes-Benz will launch their 2009 car on 16 January, the British formula one team has confirmed.
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Austrian Gerhard Berger has stridently denied reports he could become involved with the Force India Formula 1 team.
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When Mercedes-Benz penned the latest iteration of the SLK, they drew styling cues from the formidable SLR McLaren. The similarities are quite pronounced, and in my view exciting. Unlike the SLR, the SLK resides at the lower end of the Mercedes-Benz hierarchy. Like its prodigious cousin though, the SLK is a two-seat roadster featuring a power-operated retractable hardtop roof.
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The 2008 Formula 1 World Champion Lewis Hamilton is planning to spend an incredible (US) $1m on Christmas presents.
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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
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