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New recalls hit 2.7 million GM vehicles, from Corvettes to Saturns

General Motors is recalling 2.7 million U.S. cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, in an escalation of the safety crisis that has enveloped the company for months. GM said today it expects to book up to $200 million in charges in the second quarter to cover the cost of recalls during the period.

Hamilton targets winning streak

LEWIS HAMILTON knows he needs another run of four successive victories if he is to overhaul team-mate Nico Rosberg in the race for this year's Formula One world title. It is a feat Hamilton managed earlier this campaign after Mercedes rival Rosberg won the season-opening grand prix in Australia where the Briton retired. Hamilton then triumphed in Malaysia, Bahrain, China and Spain, clawing back the 25-point deficit, with Rosberg forced to settle for the runner-up spot on each occasion.

UK car production slumps, state help sought

By Digby Fullam Motor Industry 21 November 2008 14:30 The full effect of the downturn in the global economy is being felt by the UK motor industry, new figures out today reveal. Car production at British factories fell by 29.5% from October 2007's figure.  That makes it the worst October production figures since 1991 which, if you’ll cast your mind back, was the last recession. The Society of Motor Manufacturers and Traders blamed the slump on 'a rapid reduction in demand for motor vehicles.' It’s not just us Brits that aren’t buying cars, either.