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    Study: Buyers want a good deal more than latest design

    A new study by indicates buyers are less interested in new designs than automakers may think. In an online survey of car shoppers, 57 percent said they do not feel it's important to have the latest redesign, while 79 percent said they would rather take advantage of a good deal on a ...

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    Report: Details of Chrysler/UAW deal revealed

    Details about the deal announced this morning between the Chrysler Group and United Auto Workers union have surfaced, and it's apparent that the smaller, less financially stable automaker has given away the least compared to similar deals already struck with the UAW by cross-town rivals General ...

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    Breaking: GM and UAW reach tentative labor agreement [UPDATED]

    Contract negotiations between General Motors and the United Auto Workers have led to a tentative agreement on a new labor deal, pending ratification by membership. Specifics of the four-year contract, agreed upon last night at around 11:00 PM, have not been released, but in an official ...

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    REPORT: BMW, Mini to let Mercedes-Benz inspect, prep its vehicles at port

    The Mercedes-Benz Baltimore vehicle process center has secured a five-year contract to inspect, process, and repair pre-delivery BMW and Mini vehicles arriving in the United States. It's a deal that makes economic sense for both companies, say that automakers. BMW models currently arrive in ...

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    REPORT: Saab deal between GM and Koenigsegg finalized

    2010 Saab 9-5 - Click above for high-res image gallery
    The deal has been signed, but the cash still hasn't changed hands. In a nutshell, that's where the share transfer agreement between GM and Swedish manufacturer Koenigsegg sits. Those close to the deal say the two companies have agreed on a ...

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    BREAKING: Supreme Court stays sale of Chrysler to Fiat

    The sale of Chrysler's assets to Fiat have been delayed by Supreme Court Justice Ruth Bader Ginsburg after three Indiana state pension funds lost their case in New York and filed papers with the highest court the land. Early reports indicate that this is only a temporary stay, with Ginsburg saying ...

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    Let's Make a Deal: Chrysler, Canadian Auto Workers agree on union concessions

    The April 30th deadline to reorganize looms larger by the second, and Chrysler is scrambling to make deals that could theoretically help it stave off a bankruptcy filing next week. For that to happen. Chrysler needs to get concessions from labor unions and lenders that make the financial situation ...

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    Chrysler's deal with Chery on hold

    It may be time to stop holding your breath. The planned deal between Chrysler LLC and the Chery Automobile Company to bring a Chrysler-badged Chery to our shores seems to be completely over... no, really this time. While there was nothing inherently wrong with the concept of importing the small ...

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    Ford, GM considering joint engine development

    In a move that will help both ailing automakers, General Motors and Ford are holding discussions about sharing engine and powertrain technologies. Although neither company will officially acknowledge the liaisons, the meetings have been going on for more than a month, according to sources. ...

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    Hyundai offers scorching deal on Genesis leases

    Click on the image above for our high-res Hyundai Genesis gallery To lure buyers towards the all-new 2009 Hyundai Genesis luxury sedan, the Korean automaker is aggressively pricing lease programs. Traditional Hyundai customers choose to lease about 10-12 percent of the time. The Genesis, ...

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    BMW may sell engines and transmissions to GM and Fiat

    Word out of Frankfurt from the Financial Times Deutschland is that BMW is in talks to sell engines and transmissions to both General Motors and Fiat. All three companies have declined to officially comment. The news is interesting, but not surprising. You may recall that GM has been selling ...

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    A1GP boss: Ecclestone helped broker deal with Ferrari

    When the A1GP World Cup of Motorsports started back in 2005, some saw it as a challenger to Formula One. But while the nation-based formula was creative, it stood little chance of posing any serious competition to F1 with all its decades of history, billions of dollars and millions of fans ...

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    Officially Official: Bridgestone signs exclusive deal with F1

    Japanese tire-maker Bridgestone has been supplying every team on the Formula One grid since rival rubber company Michelin pulled out of the sport at the end of the 2006 season. But whereas Bridgestone had gone through 2007 as the exclusive tire supplier by default, the ink has now dried on the ...

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    BREAKING: Alonso signs with Renault

    UPDATE: Official press release from Renault confirming Alonso's return can be read after the jump. var digg_url = ''; Emerging reports confirm that Fernando Alonso has signed a two-year contract with the Renault F1 Team, ...

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    Ferrari and A1GP sign six-year deal, announce new A2GP series

    Following the news that Ferrari was in discussions with A1GP, the international racing series has announced that the two racing outfits have signed a six-year contract with Maranello. The terms of the agreement have Ferrari supplying the V8 engines for all the national teams competing in the ...

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    NO SOUP FOR YOU! Prodrive-McLaren deal cancelled

    If you've got your money on Prodrive making an unprecedented F1 debut next season, we'd recommend calling your bookie and changing your bet. The British racing consultancy was preparing to hit the grand prix circuit using equipment obtained through a deal with McLaren, but the agreement that was ...

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    Ferrari negotiating engine deal with A1GP

    Ferrari is apparently running out of F1 teams to supply with engines, so it's looking to other racing series altogether for new customers. For the current season, the Maranello-based team had to have the rules bent so that they could supply their engines to not one but two additional teams on the ...

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    Report: Toro Rosso gives Bourdais wings!

    It's a sad state of affairs when the pure talent of a racing driver isn't enough to advance his career. In the case of Sebastien Bourdais, the top teams on the F1 grid have apparently been blind to his domination in Champ Cars, as our favorite Frenchman (okay, second favorite, after Talladega ...

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    Bertone-Fiat negotiations fall through

    With just days to go before its investors meeting later this week, it's back to the drawing board for Bertone. According to emerging reports, a proposed deal that would have seen Fiat come to the rescue for the struggling coachbuilder and design house with a manufacturing contract has fallen ...

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    BBC and YouTube strike deal, Top Gear comes to the masses

    YouTube, our favorite website for sticking it to the man, is getting more legit by the day since it was purchased by Google. Word comes today that BBC has struck a deal with the popular video sharing service that will see clips of BBC shows, including Top Gear, legally featured on the site and ...


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