Delphi Corporation, which filed for Chapter 11 bankruptcy protection in May 2005, plans to extend until 30 June, 2009 its existing debtor-in-possession credit facility of about $4.35bn, it said in an SEC filing.
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SENIOR EDITOR BOB GRITZINGER: What's stunning about the Versa is the level of equipment in a car at this price point (keyless entry and ignition and steering-wheel audio controls), as well as the interior space.
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Europe may have long resisted the automatic gearbox, but new environmental and fuel efficiency legislation combined with major advances in electronics and manufacturing techniques are paving the way for a flood of new automated transmission technologies.
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Toyota Motor said on Monday it would build a new, 4 billion yuan ($584 million) factory in China with local partner FAW Group Corp, bringing its planned local production capacity to 1 million vehicles a year.
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With the change from fall's beautiful colors and diminishing warmth to the bitter arrival of winter, it's easy to forget the family vehicle amidst other chores around the house, cottage and yard. No matter the make, model or age of your family ride, chances are that you rely on it for safe, trouble-free transportation every day of the year.
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Tests for the Daytona prototypes will be held this week (Oct.27-29) at the Daytona International Speedway and two of the biggest names in North American motorsports will be there.
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The Fédération internationale de l'automobile has hit back at Ferrari's warning that the imposition of a standard engine formula could lead to its withdrawal from Grand Prix racing.
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Poor weather has shortened the second day of MotoGP testing that was held in Valencia, Spain and only seven drivers were on hand to carry out their work.
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With the change from fall's beautiful colors and diminishing warmth to the bitter arrival of winter, it's easy to forget the family vehicle amidst other chores around the house, cottage and yard. No matter the make, model or age of your family ride, chances are that you rely on it for safe, trouble-free transportation every day of the year.
Read more ...
Volvo has just announced that they'll team up with a world-famous Swedish glassworks company to work on part of a new concept car. Orrefors will work with Volvo to design a floating centre-stack constructed of hand-made crystal, which will be part of a concept shown at the Detroit international motor show in January.
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Another sign that the global economy is slowing down dramatically is that Eastman Kodak Co. is ending its 22-year sponsorship in NASCAR and putting more sports marketing dollars into professional golf.
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Ducati's Casey Stoner did not lose any time after his victory in Valencia by setting the fastest time of the day in what is the first post-season MotoGP test on the Spanish circuit. Top riders Dani Pedrosa (Honda) and Valentino Rossi (Yamaha) were also on hand with second and third place.
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Former Ferrari driver Jean Alesi says the famous Italian team is right to threaten to quit formula one over the prospect of standard engines.
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The McLaren-Mercedes Formula 1 team will use a brand new rear wing design in Brazil this weekend to help Lewis Hamilton ease to the drivers' world championship.
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Another sign that the global economy is slowing down dramatically is that Eastman Kodak Co. is ending its 22-year sponsorship in NASCAR and putting more sports marketing dollars into professional golf.
Read more ...
Ducati's Casey Stoner did not lose any time after his victory in Valencia by setting the fastest time of the day in what is the first post-season MotoGP test on the Spanish circuit. Top riders Dani Pedrosa (Honda) and Valentino Rossi (Yamaha) were also on hand with second and third place.
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GM's small pickup trucks are heading into 2009 with a slew of new or updated features. Most notable among them is the availability of the automaker's 5.3 liter V8 engine, which delivers 300 horsepower and 320 lb-ft of torque. The new V8 option is available on extended cab and crew cab models.
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Since the very beginning, the Nissan Maxima has progressively strayed from its sport sedan origins in favour of the middle-class. The latest generation is a little more exciting but definitely not sporty. With the introduction of the new 2009 Maxima, Nissan is trying very hard to re-establish its large sedan's pedigree. To the point where ads for the car associate it with the outrageous GT-R.
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Since the very beginning, the Nissan Maxima has progressively strayed from its sport sedan origins in favour of the middle-class. The latest generation is a little more exciting but definitely not sporty. With the introduction of the new 2009 Maxima, Nissan is trying very hard to re-establish its large sedan's pedigree. To the point where ads for the car associate it with the outrageous GT-R.
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Classic Chevrolet of Scottsdale, LLC, placed a bid today to buy the Bill Heard Enterprises Inc. store in Plant City, Fla.
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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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