Private equity firm Cerberus Capital Management LP is nearing a deal to buy Daimler AG's remaining stake in Chrysler LLC, sources familiar with the talks said.
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Cerberus Capital Management LP is stepping up efforts to sell Chrysler LLC to General Motors, according to two news reports late today.
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Ford Motor Co. is finalizing plans to sell shares in Mazda Motor Co. to about 20 Japanese firms, including insurers, and will likely outline the deal by next month, local media reported today. Ford is considering selling some of its 33.
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Lexus says that it's hard to catch luxury and performance car enthusiasts sitting still these days--so they're innovating to give interested shoppers the information they want on the go.
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FIA Standard engine, Penalties, Championship, Show, Magny-Cours... and so on!
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Formula 1 is in China this week-end for the next to last race of the 2008 championship.
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Lexus says that it's hard to catch luxury and performance car enthusiasts sitting still these days- so they're innovating to give interested shoppers the information they want on the go.
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A Mazda RX-8 equipped with a hydrogen-powered rotary engine will take to the Norwegian roads. Mazda and HyNor, the Norwegian national hydrogen project responsible for establishing a clean transportation system based on hydrogen, will jointly evaluate its performance.
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Formula 1 is in China this week-end for the next to last race of the 2008 championship.
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Bernie Ecclestone on Friday said it is not inconceivable that Canada could win back its spot on the formula one calendar.
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FIA Standard engine, Penalties, Championship, Show, Magny-Cours... and so on!
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Rodriguez puts his Piquet GP on pole on his last lap.
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Bernie Ecclestone has called for a single F1 "referee" to issue football-style red and yellow cards.
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First day of activities today at the Sepang circuit in preparation for the MotoGP Malaysian Grand Prix and Tech 3 Yamaha's Colin Edwards set the fastest time of the day followed by current champion Valentino Rossi.
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Not so long ago, Subaru was the only manufacturer to offer rally and performance enthusiasts across Canada a compact sedan that truly met their expectations. In recent years, however, the country has seemingly become a battlefield for a lot of companies.
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A Mazda RX-8 equipped with a hydrogen-powered rotary engine will take to the Norwegian roads. Mazda and HyNor, the Norwegian national hydrogen project responsible for establishing a clean transportation system based on hydrogen, will jointly evaluate its performance.
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Cerberus Capital Management LP is stepping up efforts to sell Chrysler LLC to General Motors, according to two news reports late today.
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General Motors today launched extra incentives for vehicle buyers who already qualify for company discounts.
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A barrel of oil is down about 50 percent from its July 3 high closing price of $145.29. Gasoline prices are below $3 per gallon in most parts of the country. So, automakers can crank up those SUV factories again, right? Wrong.
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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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