Auto News 5

According to a certain German media, the Volkswagen group VAG is not going to enter Formula 1. Full story...

The very recent Formula 2 championship, which has just concluded its second season of existence, will no longer support race of the FIA WTCC next season, and its future looks bleak. Full story...

New information casts doubt upon whether organisers of the 2012 United States grand prix can prepare the Austin site in time for its inaugural race date. Full story...

Every two weeks, 24 of the best drivers in the world battled it out behind the wheel of the most sophisticated race cars in the world, the 800-bhp, lighweight Formula 1 machines. Ever wondered what was the most popular everyday car among these gentlemen? Full story...

As Saab is slowly re-entering the Canadian Market, it has announced the first 12 dealers that will open for business in the country. The vehicle line-up will initially include the 9-3 in sedan, SportCombi and convertible configurations, the 9-3X wagon as well as the brand-new 9-5. A 9-4X crossover will also appear next year. Full story...

Winter is inevitably around the corner. If you haven't bought your winter rubbers, your probably planning on doing it very soon. We all know what a big expense this is, however we've got some bad news... It's only going to get more expensive. Full story...

Aston Martin and horological partner, Jaeger-LeCoultre are pleased to announce the launch of the AMVOX2 DB9 Transponder timepiece which affords the owner of a DB9 the luxury of opening their sports car by simply pressing on the sapphire crystal of their watch. Full story...

Mooresville, NC- Less than a month after their historic $2.5 million win at the Progressive Automotive X PRIZE competition, North Carolina-based Li-ion Motors is making history again with the unveiling of the INIZIO: the world's first all American-made, fully-electric, emission-free "super car". Engineered with Li-ion Motors' patent-pending lithium-ion battery technology and management system, the INIZIO is a full-sized super car that has a range of up to 250 miles (321km) to satisfy every day driving needs, and a top-speed of 170 mph (272 km/hour) to thrill the avid sports car enthusiast. Full story...

The Williams Formula 1 team confirmed on Tuesday that it has agreed to supply Hispania Racing F1 Team with its proprietary gearbox technology. Full story...

Fernando Alonso's engine situation is not as dire as it appears on paper, according to a German publication. Full story...

Michael Schumacher has accepted a German 'Man of the Year' award in Berlin. Full story...

Heikki Kovalainen has denied media reports claiming his former manager Flavio Briatore twice prevented his formula one race debut. Full story...

Sebastian Vettel needs to accept the reality of a number 2 role for the good of Red Bull's 2010 title chances. Full story...

The normally conservative E-Class just shed much of its conventionality with the introduction of the 2010 Coupe and Cabriolet variants. This week's tester is the E 350 Coupe. Full story...

Kia Motors America has teamed with fashion and lifestyle magazine Antenna to showcase two highly customized 2011 Kia Sportage compact CUVs created by Antenna for "The Duel", which are outfitted with gadgets, technologies and materials to appeal to active and fashion-forward males. The concept vehicles, nicknamed "Work" and "Play", will be unveiled tomorrow at the 2010 Specialty Equipment Manufacturers Association (SEMA) Show in Las Vegas. Full story...

Nissan will continue to gain U.S. market share, but Nissan's Chairman of the Americas Carlos Tavares forecasts slower industry growth ahead. For the Japanese fiscal year ending March 31, 2012, U.S. light-vehicle sales will rise to 12. Full story...

General Motors will look to sell just over $10 billion worth of common stock and $3 billion of preferred stock in an initial public offering that would shift the U.S. government to a minority shareholder in the top U.S. Full story...

A Virginia dealer's bid for a congressional seat has lost ground and he is now in a dead heat in a recent poll, jeopardizing Republican hopes for a record six auto dealers in the House. Dealer Scott Rigell leads Democratic incumbent Glenn Nye by 41. Full story...

Chevrolet will debut two new Corvette concepts at this year's SEMA show. The 2011 Corvette Z06X Track Car and the 2011 Corvette Jake Edition concepts are designed to show how Corvettes can be customized. Full story...

Chevrolet will debut two new Corvette concepts at this yearand#8217;s SEMA show. The 2011 Corvette Z06X Track Car and the 2011 Corvette Jake Edition concepts are designed to show how Corvettes can be customized. Full story...