American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.

Mitsubishi Evo X world premiere

By Damion Smy Motor Shows 15 October 2007 02:48 What do you mean, world premiere? Yes, we weren’t quite sure either but the Australian International Motor Show was in fact the world premiere of the new Mitsubishi Evo X. No, not Frankfurt to build sales in the European markets, or Tokyo where the car is a Japanese legend, but Sydney.

Malaysian Grand Prix Qualifying: Hamilton grabs pole for Mercedes

Lewis Hamilton takes pole in Malaysia in heavy rain Lewis Hamilton has secured his second pole position in two outings for Mercedes at the Malaysian Grand Prix – equaling Jim Clark’s record of 33 poles – as rain turned the Sepang track in to a lake. And with drivers quickly going on to full wets – and cars flying off the track as the rain took control of the qualifying sessions – the playing field was levelled, allowing Red Bull’s reigning World Champion, Sebastian Vettel, to almost pip Hamilton to pole, taking second place just 0.055s behind the Brit. Behind Vettel is the winner of the opening Australian Grand Prix, Nico Rosberg, in the second Mercedes, followed by the Ferrari of Fernando Alonso and the Red Bull of new boy Daniel Ricciardo – who was so impressive in Asutrali two weeks ago – taking fifth spot.