Big ambitions in Abu Dhabi
The word on the street is that Abu Dhabi is going to build a Formula 1 standard race track as part of the Ferrari...
Obama, Bush discuss world of challenges
US president-elect Barack Obama met President George W. Bush for face-to-face talks at the White House, with help for the ailing US auto industry...
India to get Iranian gas by 2011
Fuel-hungry India will receive gas from energy-rich Iran via a multi-billion-dollar...
Auto sales plunge in June
June auto sales plunged, according to reports from two major automakers that showed Americans shunning pickups and SUVs in the face of record gas...
SKorean auto maker union calls for strike
The union of South Korea's ailing Ssangyong Motor on Monday called for its members to go on strike, in protest over potentially massive layoffs...
Gas station owners allege price fixing
Nearly two dozen gas station owners in California sued Shell Oil...
Carmax delays store openings, cuts inventory
Carmax Inc., the largest U.S. retailer of used cars, said on Wednesday it would delay the planned openings of several stores due to a...
Automakers question fuel proposal in ads
On the eve of summer and as gasoline prices soar, the auto industry is launching a $1 million radio ad campaign that challenges the...
China sees brisk growth in auto imports, exports slow
China's auto imports grew rapidly in the first half of 2008, underlining its increasing importance as a market for carmakers, but export growth slowed,...
Oil prices settle at $68 a barrel
Crude oil futures settled at $68 a barrel on Friday, their...
