News
- Motor racing-Malaysian Formula E race postponed at PM's request30 July 2014, 8:40 pm
"Due to other agenda commitments, the Prime Minister was unable to attend the original race date and has subsequently requested the event to be rescheduled." Formula E chief executive Alejandro Agag said Prime Minister Najib Razak had been "fundamental" to Malaysia hosting a round of the championship and the series had agreed to the postponement. Razak has been heavily involved recently in the aftermath of the downing of a Malaysian airliner over Ukraine, helping to broker a deal with separatist... 
- NASCAR suspends Hamlin crew chief Grubb 6 races29 July 2014, 10:25 pm
CHARLOTTE, N.C. (AP) — NASCAR suspended Denny Hamlin's crew chief and car chief on Tuesday for six races because the Joe Gibbs Racing entry failed inspection following his third-place finish at Indianapolis Motor Speedway....
- Caterham F1 team and ex-employees in legal action29 July 2014, 5:50 pm
The Caterham Formula One team said on Tuesday they were taking legal action against former employees who have threatened to sue for alleged unfair dismissal. The counter claims come after the team was sold by Malaysian aviation entrepreneur Tony Fernandes to a mystery group of Middle Eastern and Swiss investors advised by former F1 team boss Colin Kolles. "Caterham F1 Team has read with great concern recent reports about a group of individuals who are claiming unfair dismissal from the Form...
- Motor racing-Caterham F1 team and ex-employees in legal action29 July 2014, 5:47 pm
The Caterham Formula One team said on Tuesday they were taking legal action against former employees who have threatened to sue for alleged unfair dismissal. The counter claims come after the team was sold by Malaysian aviation entrepreneur Tony Fernandes to a mystery group of Middle Eastern and Swiss investors advised by former F1 team boss Colin Kolles. "Caterham F1 Team has read with great concern recent reports about a group of individuals who are claiming unfair dismissal from the Formula O...
- Ecclestone seeks to settle German bribery case29 July 2014, 4:28 pm
By Jörn Poltz MUNICH Germany (Reuters) - Lawyers for Formula One boss Bernie Ecclestone held talks with German prosecutors on Tuesday to try to settle a bribery trial that threatens his grip on the motor sport. Ecclestone, 83, went on trial in Munich in April over allegations he bribed a former German banker as part of the sale of a major stake in the motor sport business eight years ago. Media reports said Ecclestone, who denies wrongdoing, on Tuesday offered to pay German state-owned bank Bay...
- Hamilton's statement means it's each man for himself29 July 2014, 3:11 pm
By Alan Baldwin LONDON (Reuters) - Lewis Hamilton made a mistake in Sunday's Hungarian Grand Prix and it almost cost him dear. It would also have been costly had he carried out instructions over the radio two thirds of the way through the race not to hold up German team mate and championship leader Nico Rosberg. Hamilton knew it and, ultimately, the team recognised it too....
- Analysis: Hamilton's statement means it's each man for himself29 July 2014, 2:12 pm
By Alan Baldwin LONDON (Reuters) - Lewis Hamilton made a mistake in Sunday's Hungarian Grand Prix and it almost cost him dear. It would also have been costly had he carried out instructions over the radio two thirds of the way through the race not to hold up German team mate and championship leader Nico Rosberg. Hamilton knew it and, ultimately, the team recognized it too....
- Motor racing-Hamilton's statement means it's each man for himself29 July 2014, 2:03 pm
By Alan Baldwin LONDON, July 29 (Reuters) - Lewis Hamilton made a mistake in Sunday's Hungarian Grand Prix and it almost cost him dear. It would also have been costly had he carried out instructions over the radio two thirds of the way through the race not to hold up German team mate and championship leader Nico Rosberg. Hamilton knew it and, ultimately, the team recognised it too....
- Talks held on settlement of Ecclestone German bribery case29 July 2014, 1:54 pm
By Jörn Poltz MUNICH, Germany, July 29 (Reuters) - German prosecutors held talks on Tuesday with lawyers for Formula One boss Bernie Ecclestone over a possible settlement of his bribery trial. Ecclestone, 83, went on trial in Munich in April over allegations he bribed a former German banker as part of the sale of a major stake in the motor sport business eight years ago. "Public prosecutors and the defence are discussing the possibility of an agreement," said a spokesman for the German authorit...
- No doubting Ricciardo now, says Jones28 July 2014, 12:50 pm
By Ian Ransom MELBOURNE (Reuters) - Put "baby-faced assassin" Daniel Ricciardo behind the wheel of a Mercedes and there would be no doubt he would take the Formula One title race to the wire, according to compatriot Alan Jones, Australia's last world champion. The only driver to have beaten Lewis Hamilton and Nico Rosberg to the top of the podium this campaign, Ricciardo won a dramatic Hungarian Grand Prix on Sunday to seal his second victory of the season, underlining his class w...
- GM, too, removes parts to weigh pickups, boost payload ratings31 July 2014, 12:09 am
GM says it deletes heavy items such as the rear bumper from certain pickups when it weighs them in order to boost the vehicles' maximum payload ratings....
- Lexus' plans exclude China plant30 July 2014, 10:13 pm
Lexus has no plans to join the rush of carmakers manufacturing in China because it has to learn to crawl in that market before it runs, a top executive says....
- Chrysler recalls nearly 30,000 Fiat 500L cars for airbag glitch30 July 2014, 9:28 pm
Chrysler Group is recalling 29,500 Fiat 500L cars from the 2014-15 model years to replace knee airbags that may not deploy in the correct position if the driver is not wearing a seatbelt....
- Mitsubishi's quarterly profit gains paced by Europe30 July 2014, 9:14 pm
Europe was Mitsubishi's most profitable region in the fiscal first quarter ended June 30, the company said today....
- Automakers seek delay on pedestrian-alert systems for hybrids, EVs30 July 2014, 8:18 pm
Automakers, citing delays at NHTSA, want the agency to postpone rules that would require hybrids and electric vehicles to be equipped with pedestrian-alert systems....
- Toyota luxury boss says sub-$30K car 'wouldn't be a Lexus'30 July 2014, 8:10 pm
A senior Lexus executive said that a car priced below $30,000 would not be worthy of the brand, in an indirect dig at German rivals who have been moving downmarket....
- Germany's ZF in advanced talks to buy TRW for near $12 billion, report says30 July 2014, 6:22 pm
Germany's ZF Friedrichshafen AG is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, people familiar with the matter told Reuters today....
- GM resumes pickup output at Indiana plant30 July 2014, 5:53 pm
Production resumed today at one of GM's three pickup plants after being idled because of an interruption in sheetmetal supplies, the company said....
- Marchionne says he is open to new alliances but won't sell Alfa Romeo30 July 2014, 4:10 pm
Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helps cut costs....
- Penske Q2 net income rises 18% on strong gains in all segments30 July 2014, 12:30 pm
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales....
