While competitors like Ford Motor Co. and Toyota Motor Co. either plan to increase production or develop ethanol-powered vehicles, Honda Motor Co. had declared it has no plans to join the flex fuel bandwagon.

When General Motors announced that its Oshawa, Ontario plant had been selected to build the new Camaro, it looks like it was just the tip of the new model iceberg for GM Canada.

In the event that high gas prices begin hitting even the wealthy, displacement-loving, power-toting blokes among us, BusinessWeek has compiled a list of the top ten most fuel efficient luxury cars. The list, especially when you include the runners-up, is a diverse showing of both automakers and fuel types, with hybrids and diesels finding a place alongside with their gasoline-powered siblings.

Italy's N.Technology SpA and Tatuus srl announced this weekend that they have inked a deal to manufacture the N.T07 open-wheeled hybrid-powered racecar for a one-design series that will launch in 2007.

While GM might have killed the electric car, it seems the Japanese government plans to revive it. A panel set up by the Ministry of Economy, Trade and Industry in Japan has put together a plan to develop the next generation of environmentally friendly vehicles and batteries, to reduce the country's oil consumption. The plan calls for introduction of environmentally friendly vehicles in stages, and will support a project to develop next-generation batteries to power automobiles. Japan wants to ha

Ford Motor may be taking a page from General Motors' restructuring playbook in considering ot sell off part of its Ford Credit financial unit. Both companies have seen the cost of capital for their financial subsidiaries rising as the automakers' credit status falls ever further into junk status.

Perhaps hoping to emulate the success that Ford has enjoyed from its long standing relationship with apparel producer Eddie Bauer, Nissan has announced that it's partnering with urban style maven Marc Ecko, who plans to modify a Nissan Pathfinder and Armada with his signature artistic style to commemorate the hook up. We're not totally certain the above image is actually a rendering of what Mr. Ecko has planned, but Nissan says the pair of SUVs will be unveiled soon enough in October, before hea

Hourly workers at two Tower Automotive plants have voted to accept pay cuts that will ensure their plants remain open as the supplier struggles to emerge from bankruptcy. Tower had asked a judge for the power to cancel union contracts and cut workers as it saw fit, but the acceptance of wage reductions at these two plants have prompted the company to withdraw its request.