While the situation between F1 teams Lotus Renault GP and Team Lotus-Renault is yet to be sorted out, Colin Chapman’s family has endorsed the former team, ran by the Lotus automaker in partnership with Renault.
Toyota has paid an additional $32.425 million in fines to the National Highway Traffic Safety Administration due to the poor timeliness of certain recalls.
General Motors and Ford have been forced to slow production at seven Canadian assembly plants due to winter storms resulting in road closures.
To make up for the disappointment when Porsche was chosen over Audi to develop sports cars and luxury sedans for VW Group, Audi will be developing SUV platforms for the company.
After a long internal struggle, Porsche has been chosen over Audi to oversee development of sports cars and luxury sedans for the Volkswagen Group.
Formula 1 just got a whole lot more confusing. Lotus and Renault’s F1 team have partnered to create a new team called Lotus Renault GP. They will run alongside Team Lotus-Renault in the 2011 Formula 1 World Championship. Confused? Well, allow me to explain.