Car News

An agreement between the F1 controlling body and the Indianapolis Speedway has failed to materialise by the agreed July 12th cut-off and has therefore nixed any plans for a grand prix in the US next year. Bernie Ecclestone, the sport’s commercial supremo, said "We didn't reach an agreement...

When Volkswagen unveiled its 1-Liter concept car back in 2002 nobody actually thought such a car could ever make it to production. The concept utilized lightweight construction techniques, superior aerodynamics and low resistance tires to achieve its amazing 1L/100km fuel consumption figure...

German tuner Hartge has released more details about its BMW 1-series hatch designed to run on liquefied petroleum gas (LPG). Labeled project ‘V300+’, the LPG 1-series produces up to 550bhp and is claimed to reach speeds in excess of 300km/h. If the claims prove true, the Hartge tuned...

Toyota has moved up to sixth place on this year’s Fortune 500 list of the world's 500 largest companies by revenue, up from eighth spot the year before. General Motors still managed to hold its title of the world’s largest carmaker in terms of revenue, registering ahead of Toyota in...

BMW’s 50% stake in Brazil’s Tritec engine manufacturer has been signed over to the Chrysler Group, who may now sell it on to a third party. Tritec was originally formed in 1997 between Chrysler and Rover (then a subsidiary of BMW) to develop a compact four-cylinder engine for a range of...

The personalized number plate, CEO 1, has sold for a whopping £154,100 on eBay in the UK today. The unique license plate was only posted for sale on the 2nd of this month and had received more than one hundred bids before the auction closed. The previous car that wore the plate was an Aston Martin...

BMW has not ruled out a possible takeover as part of its new growth strategy that’s expected to be unveiled later in the year. In an interview with German newspaper Börsen-Zeitung, BMW finance chief Stefan Krause told reporters that “the possibility of acquisitions is not ruled out in...

The July 11 marks the 20th anniversary of Walter Röhrl’s victory at the Pikes Peak International Hill Climb in his Audi Sport quattro S1. Röhrl, now an official Porsche test driver, was rally world champion in 1980 and 1982 and didn’t join the Audi team until 1984. Of the many...

Nevada’s Hybrid Technologies has started production of its electric-powered BMW Mini Cooper all-lithium model. In development for the past two years, the new electric Mini uses Hybrid Tech’s own proprietary advanced lithium management and battery-balancing system, which promises a cycle...

When the U.S. distributor of Noble Automotive, the Ohio-based 1G Racing, bought the rights to build local versions of Noble M400 and M12 supercars, there was a clause that required 1G to rebadge and rename the cars. Thus, the Rossion Q1 was born. Based loosely on the British-designed supercars, the...

Despite criticism about Porsche’s becoming too common and increased competition in the segment, Porsche latest generation 911 has gone on to sell 100,000 units in just over three years. Production started for the new model (designated 997) in April 2004, and deliveries have been increasing...

The first car to feature Ford’s new TwinForce engine technology will be the 2009 Lincoln MKS, itself based on the MKR concept shown earlier this year. TwinForce is the name of Ford’s new range of fuel-efficient engines, labeled so because of the twin effects of improved power and fuel...

Thieves in west London robbed a jewelry store last month after arriving to the site in a hired Bentley Flying Spur. Security cameras captured video footage of the culprits, who were dressed as though there were enjoying a lavish holiday. One was wearing a Panama hat and dark blazer and the other...

The Opel Calibra hasn’t been in showrooms for almost a decade, but with the unveiling of the Opel GTC concept car there’s hope that the Euro coupe may make a return. Though it’s yet to be confirmed for production, a spokesman from Opel revealed that management is keeping its...

Lewis Hamilton has been granted a pay-rise after reaching the middle of the 2007 season as F1's championship leader. The impressive and ultra-consistent British rookie started the season with a modest retainer of about (US) $400,000 and a $10,000 per point bonus. As of the British grand prix, then...

DaimlerChrysler’s ultra-luxury brand Maybach, suffering from poor sales and a limited lineup, could expand its range with rumored convertible and SUV models in an effort to increase profitability. Though chances of a high-end SUV are slim, the likelihood of a convertible model based on the...

Following media speculation, Spyker confirmed on Tuesday that Christijan Albers' contract to race for the Dutch team in 2007 has been terminated with immediate effect. A statement referred to "commercial difficulties" with the pay-driver, while rumours suggest that India's Narain Karthikeyan and...

Though perhaps not as impressive as Mitsubishi’s Super All Wheel Control system pegged for the Evo X, Saab’s new XWD co-developed with Haldex still has a few merits of its own that are worth mentioning. Set to debut in the facelifted 9-3 range, XWD and its electronic differential will...

Bidding for the Jaguar and Land Rover labels has failed to ignite the level of excitement and the flurry of rival bids that surrounded the sale of Aston Martin earlier this year. Leading the charge in the latest Premier Auto Group sale is private equity firms Cerberus, Ripplewood and One Equity...

Honda is focusing on new diesel powertrains to improve its standings in the fuel-economy stakes, and the latest announcement is news that it’s planning a low-emission diesel V6 powerplant for the North American market for introduction in 2010. Last month, Honda announced that it would be...