At a hastily arranged press conference this evening in Tokyo, Toyota CEO Akio Toyoda announced that the carmaker is the latest big player to quit Formula One motorsport. Toyota, which...
Confirming news reports that broke in the UK on Thursday, Honda CEO Takeo Fukui today said that the Japanese car maker is pulling out of Formula One, blaming the appalling...
Detroit’s dark days cast a long shadow. And NASCAR is starting to shiver in that shade. An Oct. 23 story in the Washington Post revealed that the Big Three...
Here’s something that’s long overdue. The Associated Press today reports that General Motors is cutting back spending on NASCAR. It’s about time. Here’s a company in crisis that can’t...
No doubt about it, all eyes fall on Detroit in January as major manufacturers take the wraps off their latest and greatest at the North American International Auto Show. But,...
Want the straight scoop on the auto industry? Our man in Detroit David Welch, brings keen observations and provocative perspective on the auto business.