Six Teams Axed from Robo-Car Rally
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Six teams are kicked out of the Pentagon's autonomous car rally, after a series of crashes, wrong turns and assorted robotic mishaps.
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Jobs go at 'leccy car co. Tesla Motors, the company behind the delayed high-performance electric car the Roadster, is laying off staff.â¦
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US auto giant General Motors has decided to shut down one of its two mid-size car-making plants in Europe next year, a decision that could force its subsidiary Saab to close operations in Sweden and slash 6,300 jobs, the Swedish metalworkers' union said.
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Plans for a giant super-casino in Manchester are scrapped - but the plans for 16 large regional ones go ahead.
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It came as a shock to most people in Formula-1 when Ford pulled Jaguar out of next season. They also put up the team for sale. And since then there have been doubts whether the team could make it to next year.
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DETROIT Refocusing on its core business, Ford Motor on Friday unveiled the beginning of a restructuring plan for its struggling Jaguar division, closing the unit&#39;s main plant and putting its Formula One racing business up for sale.
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Ford sprang a surprise when it declared that Jaguar was moving out of Formula-1 and the team is up for sale or dismantling. That decision gave rise to the speculation that Ford might be considering moving out of World Rally Championship as well.
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Turn out the lights, the party's over for unit that created mainstream sports games for the Xbox. Seventy-six workers lose jobs.
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Eddie D&#039;Hondt was fired Tuesday as general manager of Robert Yates Racing in a shakeup of the struggling team.
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Bayerische Motoren Werke will cut spending by 6 billion euros ($8.5 billion) over five years and change senior management after losing ground to the Mercedes Car Group of DaimlerChrysler.
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By Greg Avery, Daily Camera, Boulder, Colo.  Jan. 31--Brocade Communication Systems' buyout last week of McData Corp.  resulted in a quarter of the company's Broomfield work force being laid off,  according to the Colorado Department of Labor.
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Motorsport.com. When Honda announced it is to become part owner of BAR, it was also made known that team principal David Richards will be leaving.
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Jaguar have announced that they will pull out of Formula One at the end of the year. Joe Greenwell, company chairman and chief executive, said that revealed financial reasons were behind the company&#39;s decision to end interest in the sport.
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Four F1 carmakers have heralded the watering-down of Bernie Ecclestone&#39;s supreme power at the pinnacle of motor sport. Ferrari, BMW, Mercedes and Renault - collectively known as proposed &#39;breakaway&#39; championship
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The NFL announced on Friday that it  would shut down its six-team European league, describing the  decision as a sensible move that would help it focus attention  on U.S. league games played outside the United States.
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Six directors of Reliance Energy, a subsidiary of Reliance Industries, India&#39;s biggest private sector company, yesterday resigned from the board as
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The electric car company rids itself of employees amid shakeup.