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Honda weigh up   Jan 8th, 2009 
Honda Racing boss Nick Fry has said the Japanese company is considering around 12 offers for its Formula One team. Fry said the chances of a sale were "very positive", boosting the racing team's pros... 
 
 
Daimler car sales down, Audi sales up in 2008 - Summary  Jan 8th, 2009 
Berlin - Mercedes Car Group sales slumped 2 per cent in 2008 as the global economic slowdown in the second half of the year took its toll, parent company Daimler AG said Thursday. The Stuttgart-based ... 
 
 
Hybrid Sales Cap Off Disappointing Year With a Bad December  Jan 8th, 2009 
available, with the Toyota Prius and Honda Civic Hybrid accounting for 95% of the market. In 2008, there were at least 20 hybrid models on sale. The decline caps a year of unexpected difficulties... 
 
 
2009 Land Rover FreeLander 2 Review  Jan 8th, 2009 
Alborz Fallah Why is that when you mention the words Land Rover, so many 4WD lovers start making jokes about how it will fall apart in three days and how their Japanese made 4WDs are simply better. 
 
 
Car giant Nissan to axe 1,200 jobs  Jan 8th, 2009 
Jan 8 2009 Car giant Nissan is to axe 1,200 jobs in the wake of the economic slowdown which has hit the motor industry hard and led to sales slumping, the car giant has announced. The jobs will go a... 
 
 
Auto sector bankruptcies to multiply  Jan 8th, 2009 
FRANKFURT: Auto sector bankruptcies will multiply in the next five years as the industry grapples with falling sales, profits and the need for radical change, a global survey by audit group KPMG sh... 
 
 
Honda Racing CEO says interest in F1 team is high  Jan 8th, 2009 
Honda Racing is considering as many as 12 serious proposals to purchase the Formula One team. Honda Racing CEO Nick Fry tells autosport.com the list is now before Japanese executives for consideratio... 
 
 
Three cars broken into at hotel  Jan 8th, 2009 
— Three vehicles were broken into early Thursday at a hotel on the 4300 block of South Padre Island, according to Corpus Christi police. Officers responded to the hotel at 12:12 a.m., where a ... 
 
 
A123Systems Seeks Federal Loan For Auto Battery Plant  Jan 8th, 2009 
Motorola Inc. (MOT), wants to use the funds to build the first large-scale lithium-ion battery plant in the U.S., a market now dominated by Asia-based manufacturers. A123Systems, which is bidding to ... 
 
 
No need to cut benefits to GM retirees  Jan 8th, 2009 
Wagoner made the remarks on NBC's Today Show, where he was joined by United Auto Workers President Ron Gettelfinger. The two made the appearance from Detroit ahead of renewed labor negotiations, sched... 
 
 
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