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Oct
17th

Emanuele Pirro to end racing career with Audi at Laguna Seca:

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Laguna Seca will be the final race for Emanuele Pirro behind the wheel of an Audi. Read more ...
Oct
17th

Texas promo: Buy a GM vehicle, get GM stock

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Two Texas dealers are trying to turn General Motors' low stock price into profits: They're offering customers 50 GM shares to buy a new GM vehicle by the end of the month. Sibling dealers Will and Corrie Churchill, who own Frank Kent Motor Co. Read more ...
Oct
17th

Texas promo: Buy a GM vehicle, get GM stock

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Two Texas dealers are trying to turn General Motors' low stock price into profits: They're offering customers 50 GM shares to buy a new GM vehicle by the end of the month. Sibling dealers Will and Corrie Churchill, who own Frank Kent Motor Co. Read more ...
Oct
17th

Hyundai airbag flaw tied to drink spills

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Hyundai Motor America Inc. is recalling about 151,000 Elantra cars built for the 2001-02 model years to correct two airbag-related defects, federal safety regulators said today. Read more ...
Oct
17th

Hyundai airbag flaw tied to drink spills

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Hyundai Motor America Inc. is recalling about 151,000 Elantra cars built for the 2001-02 model years to correct two airbag-related defects, federal safety regulators said today. Read more ...
Oct
17th

Honda halts sale of natural-gas unit

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Honda Motor Co. and Clean Energy Fuels Corp. have mutually terminated the deal to sell Honda's FuelMaker Corp., of Toronto, to Clean Energy Fuels. In September, Honda said it agreed to sell FuelMaker for $17 million to Clean Energy, founded by T. Read more ...
Oct
17th

Honda halts sale of natural-gas unit

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Honda Motor Co. and Clean Energy Fuels Corp. have mutually terminated the deal to sell Honda's FuelMaker Corp., of Toronto, to Clean Energy Fuels. In September, Honda said it agreed to sell FuelMaker for $17 million to Clean Energy, founded by T. Read more ...
Oct
17th

BorgWarner to cut up to 1,250 jobs, eyes deals

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U.S. auto supplier BorgWarner Inc. plans to cut up to 1,250 jobs in the United States -- 250 more than previously planned -- in response to production cutbacks by the automakers it supplies, the company's CEO said today. Read more ...
Oct
17th

BorgWarner to cut up to 1,250 jobs, eyes deals

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U.S. auto supplier BorgWarner Inc. plans to cut up to 1,250 jobs in the United States -- 250 more than previously planned -- in response to production cutbacks by the automakers it supplies, the company's CEO said today. Read more ...
Oct
17th

US: Suppliers win transmission patent case

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ArvinMeritor, ZF Friedrichshafen, and ZF Meritor on Friday said they had won the patent infringement suit brought by Eaton on the ZF FreedomLine truck transmission. The suit was initially filed on 1 December, 2003. Read more ...
Oct
17th

Inchcape issues profit warning

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Dealer group Inchcape has warned of lower than expected profits in 2008 and 2009 because of the current economic slowdown. Read more ...
Oct
17th

AUSTRALIA: Volt for sale ‘down under’

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General Motors' Chevrolet Volt will be sold in right-hand-drive Australia, according to local reports. Read more ...
Oct
17th

UK: Dealer group issues profits warning

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UK-based global vehicle distributor and dealer Inchcape Group on Friday issued a profits warning, saying it expects current trading conditions to remain "difficult for the rest of 2008 and throughout 2009. Read more ...
Oct
17th

UK: Jaguar Land Rover wants 198 redundancies

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Jaguar Land Rover, recently sold by Ford to India's Tata Motors, is calling for 198 voluntary redundancies at its three factories in central and north-west England, a company spokesman confirmed on Friday. Read more ...
Oct
17th

Bond’s wrecks appeal

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Buyer pays £200,000 for Aston Martin DBS which was wrecked during filming of the latest Bond movie Read more ...
Oct
17th

Cerberus nears deal to buy remaining Chrysler stake

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Private equity firm Cerberus Capital Management is nearing a deal to buy Daimler's remaining stake in Chrysler, sources familiar with the talks said. Read more ...
Oct
17th

THE WEEK THAT WAS: The roller-coaster ride continues

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Another week, flies by, another week of government pronouncements, daily news gloom and stock market turmoil. Read more ...
Oct
17th

Reports: Ford to sell Mazda shares to insurers, others

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Ford Motor is finalizing plans to sell shares in Mazda to about 20 Japanese firms, including insurers, and will likely outline the deal by next month, local media reported on Friday. Ford is considering selling some of its 33. Read more ...
Oct
17th

Report: AvtoVAZ seeks state loan to offset weak sales

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Russia's largest carmaker, AvtoVAZ, has asked the state-run VEB bank for a $1 billion loan to compensate for shrinking sales hit by the credit crisis, a Russian newspaper reported on Friday. Read more ...
Oct
17th

Media: Ford to sell Mazda shares to insurers, others

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Ford Motor is finalizing plans to sell shares in Mazda to about 20 Japanese firms, including insurers, and will likely outline the deal by next month, local media reported on Friday. Ford is considering selling some of its 33. Read more ...
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