9autos.com

Due to a slumping greenback, the Canadian Loonie and the U.S. dollar are worth roughly the same amount, but the price of most new cars in Canada haven't made the adjustment. Two leasing companies are suing the Canadian government, BMW Canada Inc., Mercedes-Benz Canada Inc. and Mercedes-Benz USA LLC ......

The automaker formerly known as DaimlerChrysler isn't finished making headlines yet. The NHTSA, which levies fines for manufacturers not meeting CAFE standards, has issued its largest penalty to any automaker, ever, by giving DaimlerChrysler a bill for $30,357.635.50.The fine is for the carmaker's e......

According to a European Commission report, Ford is the car industry's biggest spender on R&D. Ford was number one until this year, but got outspent by pharmaceutical company Pfizer. (The Blue Oval vs. the blue pill...who knew?) Ford spent somewhere between $7.4 billion and $8.2 billion dollars d......

Does 60,000 Volts sound like a shocking number? Well, that's the number of Chevy Volts that General Motors may be planning to produce when the car is introduced in its inaugural year of 2010-2011. By coming to market with such a large number of vehicles, it is believed that GM can keep the price bel......

VW's has strengthened its position in Europe as the leading brand, claiming more than 20% market share. In the US, though, VW sales have dropped by an average of 25,000 cars every year for four years, and the company has lost close to a billion dollars each of the past three years. Stefan Jacoby, th......

Chrysler's spinoff from its German parent and the subsequent sale to Cerberus Capital Management was announced back in May, but the deal was only given final approval from the European Commission yesterday. Despite the latest episode, we're unlikely to see things finalized until at least the third ......

With the charge that "today's dealer/factory model is a supremely inefficient system," Brandweek's Steve Miller has put together a 6-page report called "A Whole Lot of Questions" that wonders what would happen if the entire brick-and-mortar, kick-the-tires-and-sign-here institution were done away wi......

While Honda's Chinese subsidiary is busy recalling more than half a million vehicles, Honda USA will be working on a new Indiana plant that will cost more than half a BILLION dollars. Coincidentally, both projects are scheduled to begin March 19. That's when Honda will break ground on its new $550 m......

Oil affects everything automotive, but when the guys holding 8% of the world's oil supply begin to look for ways to reduce their dependence on oil, should we be concerned? At least they have the cash to make it fun and not painful.Yes, a 2,500-acre island belonging to Persian Gulf emirate Abu Dhabi,......

UPDATE: Kommersant.ru has more info. As was the case in the Stefan Erickson crash, Kerimov's Enzo also split in two, keeping the passenger compartment intact. According to Kommersant, the female passenger was not severely injured. (Thanks to commenter Chris for the link.)Yesterday, Suleiman Kerimov ......