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NewsUnited States government sends Chrysler US$4 billion bridge loan
Chrysler LLC and the U.S. Treasury Department said Friday that the government had supplied the automaker with a US$4-billion loan that was necessary to keep it operating. Chrysler chief executive Bob Nardelli said in a statement the loan would ``allow the company to continue an orderly restructuring, while pursuing our …
NewsFord announces new self parking technology (Ford-Self-Parking)
Sit back, relax and let your car parallel park itself _ without a single scratch or ding to your bumper. That's what Ford Motor Co. (NYSE:F) said Tuesday about its new self-parking technology, which it announced will debut as an option on the 2010 Lincoln MKS sedan and the new …
New ModelsThe 2009 Tundra adds new i-FORCE Editions
Canadians turn to the Toyota Tundra full-size pick-up truck for performance and utility when they need to get the job done. For 2009, Toyota Canada offers sixteen North American designed and built Tundra models in a variety of trim levels, including two new i-FORCE Editions, ensuring there’s a work-ready pick-up …
NewsNissan to cut production, temporary workers
Japan's Nissan Motor Co. said Wednesday it would reduce production by a further 78,000 vehicles and cut 500 temporary workers. The cuts were being made to avoid a build up of excess inventory as car sales slow globally, Nissan said in a statement. The carmaker said the workers will be …
NewsVolvo Cars' whiplash system WHIPS celebrates 10 years
Whiplash injuries are among the most common of all traffic injuries. Volvo Cars was one of the earliest manufacturers to introduce proper protection aimed at reducing the risk of whiplash. Volvo's highly effective system, WHIPS, which halves the risk of long-term after-effects, is now celebrating ten years in operation. "The …
NewsOttawa to continue talks with automakers despite U.S. bailout failure
Despite the defeat of the automotive bailout package in the U.S. Senate, the Canadian federal government will continue to hold talks on possible aid to the Canadian subsidiaries of General Motors, Ford and Chrysler, says federal Finance Minister Jim Flaherty. Flaherty described the situation as changing daily and noted that …
New ModelsThe Audi R8 5.2 FSI quattro: breathtaking performance
The new 5.2-liter, ten-cylinder engine puts out 525 hp • Sprint to 100 km/h in 3.9 seconds, top speed 316 km/h • High-performance sports car with striking design Ingolstadt – Audi is launching the next variant of its top-of-the-line model. With the R8, the brand has established itself at the …
NewsCanada's most popular Toyota SUV is now made in Canada
Toyota opens automotive plant in Woodstock, Ontario (TORONTO). Canadian drivers now have even more reasons to love the RAV4, with the official opening of Toyota Motor Manufacturing Canada’s Woodstock, Ontario assembly plant – the first new automotive plant investment in Canada in almost 20 years. The RAV4 was introduced earlier …
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