You read that headline right. Nissan will be removing the launch control function for 2010 model R35 GT-Rs, citing warranty issues as the main reason behind the decision. The bad publicity from busted gearboxes hardly helped the new GT-Rs cause.

The world-renowned aero-engine manufacturers are Hucknall's biggest employers with 850 workers at their Watnall Road base. Only two years ago, they spent millions of pounds in transferring their national combustion components operation to Hucknall, which safeg...

This century, vaunted supercar names such as Ferrari and Lamborghini might be displaced by Honda. The Japanese company has showed off a supercar concept, the FC Sport, at the 2008 Los Angeles Auto Show.

Congress could help the Detroit Three by allowing them, when meeting CAFE (corporate average fuel economy) standards imposed by Congress, to count fuel-efficient cars they import from their overseas factories.

www.endeca.com - Endeca Technologies, Inc., a search and information access software company, today announced that Ford Motor Company, has selected and deployed Endeca's Spend Analysis solution, built on the Endeca(R) Information Access Platform (IAP).

on a Reuter's report about Hyundai's rumored interest in the troubled Auburn Hills brand, and it's over. Hyundai has flat-out denied any involvement in talks with Chrysler, and more so has stated that they have no interest at all.

New York, NY .- AOL and General Motors (GM) have launched a new website, Small Business Autos, http://smallbusiness.aol.com/business-auto-center , that provides tips and background to help small businesses with their auto needs.

The nation's competition watchdog has defended its role in the downfall of childcare provider ABC Learning. It was not up the regulator to consider whether the company's ambitious acquisition program would send it broke, Australian Competition and Consumer Com...

* Ford Motor Company said it will sell a portion of its ownership stake in Mazda Motor Corp., and the two companies will continue their successful strategic relationship. The ratio of Ford’s ownership of Mazda stock has been reduced from 33.

For the third quarter 2008, revenue was $32.1 billion, compared to revenue of $41.1 billion for the same quarter of 2007. For the first nine months of 2008, revenues were $110.1 billion, compared to revenues of $128.

The Fusion, Ford's bread and butter mid-size sedan, gets a significant update for 2010, complete with new body work, new cabin tech options, and an all new hybrid model. Ford built on the hybrid powertrain technology it already uses in the Ford Escape Hybrid, ...

The Italian team are the most successful in the history of F1. They are the only outfit to have taken part in every season since the world championship's inception, in 1950, and this weekend's Brazilian Grand Prix will be the team's 776th such race.

Toyota slashes forecast after profits fall 69% Toyota Motor reported a second-quarter 69 per cent plunge in net profits and warned it would barely make money in the second half owing to falling U.

Upon settlement of these options, Porsche will receive in cash the difference between the then actual Volkswagen share price and the underlying strike price in cash. The Volkswagen shares will be bought in each case at market price.

Nissan has announced that their entry-level car will get a new entry-level trim level, the Versa 1.6 sedan, and that it will be the cheapest car in America for 2009 with a base price of $9,990 -- although I imagine it'll have the same $695 destination charge a...

The fine imposed on Lewis Hamilton's McLaren Formula One team for spying on Ferrari sent it deep into the red last year but Hamilton's World Championship win this year should create record profits.

HOMESTEAD, Fla. - NASCAR has suspended all testing at its sanctioned tracks next season in a cost-cutting measure that should help teams save several million dollars in their 2009 budgets.

Nov 7 (Reuters) - Sports news in brief from around the world on Friday.