Here’s a new one! Mercedes will not offer Michael Schumacher EUR7 million as a retainer for the 2010 Formula One championship, but EUR21 million. As you might have expected, the news was not confirmed by any of the two parties, as it’s simply a rumor issued by Swiss publication Blick during its Thursday edition.
Until the German manufacturer will deny this report – and they certainly will, in the next few hours or later this week – we’ll remind you that even his EUR7 million retainer was cons… (read more)
One month+ after the devastating earthquake which struck Haiti, the needs of those left without shelter, food and water are far from being satisfied. Worldwide efforts to help the people in Haiti however continue and even expands, as fundraising events, auctions and donations keep being organized for Haiti.
Superchips, an UK automotive electronics specialist, introduces an ECU remap line-up for a large pack of important 2010 model year cars.
If you’re one of the many car aficionados out there, the name Hispano Suiza surely rings a bell to you. The Spanish automaker, whose history can be traced back to the early 1900s, will come back to life at the Geneva Auto Show that opens its doors next week. 
With Danica Patrick likely to switch to NASCAR in the near future – although she committed to another IRL campaign with Andretti Autosport this season – and Milka Duno also flirting with stock car racing, the North American Series was in danger of losing its female racers for the upcoming seasons.
The Riverside International Automotive Museum (RIAM) decided yesterday to set up an award in the memory of late motorsports engineer/designer Peter Bryant, with the first presentation to take place during the "Legends of Riverside II" racing film festival on March 26. 
Although Ferrari experienced some electronic problems with their F10 on Thursday, Fernando Alonso insisted he wasn’t disappointed with yesterday’s mileage or lap times on the Circuit de Catalunya of Barcelona.
General Motors recently revealed that Coskata Inc., a start-up ethanol company with whom it partnered in early 2008 to use its technology, has been named one of the 50 top innovative companies in the world by Technology Review, the journal of the Massachusetts Institute of Technology.
GM has just announced that Karl Chevrolet of Ankeny, Iowa is the best-selling dealership of GM Certified Used Vehicles in the US. This is the fourth year in a row when Karl Chevrolet wins the award, as it managed to sell 1,418 vehicles in 2009, out-ranking more than 3,433 GM certified dealers throughout the country, according to a GM statement.
Jeep is introducing a new special edition for the Wrangler model, the Wrangler Ultimate, destined for the UK market.
The UK’s current scrappage scheme is scheduled to end on March 31 and many automakers are preparing special offers to stop their sales from falling. For example, Hyundai is preparing to introduce a five-year warranty program.
San Carlo Honda Gresini have finally decided to unveil their 2010 livery in the MotoGP championship. However, they didn’t do it in an old-school kind of way – in front of the media, during an organized event – but during the first day of testing on the Sepang Intenational Circuit in Malaysia.
What in the end of 2009 came as a rumor has been confirmed this week when the first photos showing the BMW Z4 GT3 hit the web in force. 
As we slowly creep towards a new era in the automotive world, it becomes more and more obvious no single manufacturer out there who will survive if it doesn’t begin to offer at least a hybrid in its line-up. This, unfortunately for some, means sports cars and supercars manufacturers will slowly switch from internal combustion to hybrids and EVs, puting an end to the century or so long era of high revs and incredible engine sounds. 
Denise Gray, the head of the General Motors Chevy Volt battery development team, is resigning and will join an unidentified start-up battery company based in California.
Mercedes GP will apparently not lay down all their cards prior to the season opening round in Bahrain. If the majority of the F1 teams have already debuted several aerodynamic and mechanical features for the season to come, team boss Ross Brawn insisted his team will only fit the double diffuser to the W01 during the first race of the season.
Young Jules Bianchi seems to be on his way of becoming a real hit in the GP2 Series next year. After scoring a podium at his very first start in the GP2 Asia Series for ART Grand Prix, in the United Arab Emirates, the Frenchman powered to the number one spot on the grid of the upcoming Bahrain GP.
Tata Motors has announced the securing of a 340 million pounds loan from the European Investment Bank for Jaguar Land Rover (JLR).
Virgin Racing will not continue the testing action in Barcelona on Thursday, after their Brazilian race driver Lucas di Grassi lost control of the VR-01 in Turn 9 of the Circuit de Catalunya and crashed it into the tire barriers. 
The Tesla Roaster and the Tesla Roaster Sport will be available to a wider range of customers, as Tesla now offers a leasing option for the electric sports cars.