Bernie Ecclestone Forces USF1 To Change Name USGPE

The news about USF1 team is serious and the team would be launched in 2010 - but a lot depends on the cost-cutting and new rules and regulations laid by the FIA, said FIA president Max Mosley.

  The luxury car mart foray by Hyundai has proved meaningful, with the car maker's Genesis model being picked for the North American Car of the Year Award. The South Korean automaker's first North American Car of the Year award came as a big applause for the company.

Recession or not, utility vehicle major Mahindra and Mahindra is adamant on making its foray into the US market. The company has said that plans for the US market are on track as scheduled.

Suzuki’s new truck, the new compact Equator, is all set to hit American dealerships. The design of the new truck is based on the chassis of the Nissan Frontier and is built for Suzuki by Nissan.

Korean auto major Hyundai Motor is seeing an unprecedented acceptance towards its Accent model in the US car market. Dubbed by the company as the most dependable and affordable sub-compact car, the 2009 Hyundai Accent model is available in the US has a starting price of US$9,970.

Japanese automotive giant Toyota is likely to make its Prius hybrid model  part of a separate brand. The company is has confirmed it is considering a new Prius brand. Smaller and larger hybrid cars may be built under the new Prius sub-brand.

Mahindra and Mahindra of India, a successful manufacturer of pickup trucks, SUVs, tractors and people-carriers in India, is finalising plans for entry into the United States' SUV market by taking its sports utility vehicles there.

Speculations over Chrysler stake sale by Daimler were put to rest with the German auto giant confirming that it is in talks with Cerberus to sell its 19.9 per cent stake in its former partner.

The Honda Insight is back from the dead! [caption id="attachment_242" align="aligncenter" width="500" caption="Photo: 2010 Honda Insight for Paris Auto Show, launch in April 2009"][/caption]

Despite the decline in sales of luxury automobile models in the US, Hyundai expects annual sales of 50,000 units of the Hyundai Genesis, 20000 units of the Hyundai Genesis sedan and 30000 units of the Hyundai Genesis coupe version.

Chrysler LLC plans to launch two new hybrid electric vehicles (HEVs) from its Newark assembly plant in the US. The new HEVs that would debut from the Chrysler assembly line have been christened  Dodge Durango and Chrysler Aspen.

Ethanol is the buzzword at Suzuki these days. Japanese auto giant Suzuki Motor Corporation (SMC) is expected to start hitting the dealerships with its new flexible fuel vehicles (FFVs) that run on 100 percent ethanol by 2010.

Honda is ready to roll out its revamped 2009 Honda Fit in the US on August 26, 2008.

Auto giants Chrysler and Nissan Motor Co are likely to enter into a a possible partnership soon.

Kia has unveiled the Borrego SUV for the North American market.

White-collared executives at Ford are in a fix.  The auto giant has reportedly told salaried workers that their pay increments would get delayed.

Hydrogen car dreamers and those who dream of a gasless world, wake up. Your own hydrogen supercar is here.

Confirming the 2010 launch plan for the Chevrolet Volt, General Motors has said that everything is on track ahead of the deadline.