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General Motors Delays Aveo Replacement
Due to the overall turmoil at General Motors these days a lot of projects have been put on hold. Included in that list is the replacement for the current Aveo. A new Aveo, code named the T300, was due out in April of 2010, but now that product has been delayed until January of 2011….
Ferrari Registers Patent for Four-Wheel Drive Hybrid
A series of patents that Ferrari has filed for a four-wheel drive hybrid system have leaked out and in true Ferrari fashion they are more red than green. You see, the patents show several different layouts, all of which are designed to use a hybrid system where the electric motor powers one set of wheels…
BMW 5 Series GT Officially Revealed
BMW has just released the first official photos and details on the 5 Series Gran Turismo (GT). The “Gran Turismo” name was attached to this new model as BMW believes the car will bring the functionality of a hatchback or crossover to the luxury sedan segment in the same way a traditional Gran Turismo vehicle…
MINI Celebrates 50th B-Day With Mayfair and Camden Special Edition Models
To celebrate its 50th birthday MINI has released two special edition models, the MINI 50 Mayfair and MINI 50 Camden. The vehicles, which get their names from two London boroughs, were unveiled late last week at the famous Silverstone race track, during a b-day celebration titled the MINI United Festival. Both special edition models will…
Ford Tests New Ecoboost Engine at the Drag Strip
With increasingly stringent fuel economy regulations and in an effort to delivery maximum power for minimal gas, many automakers are switching to smaller displacement engines and forced induction. BMW and Audi are two examples, but U.S. automaker Ford is also making strides in this area with its new line of EcoBoost engines. The current EcoBoost…
UAW Reaches Agreement With General Motors
As a government imposed June 1st bankruptcy deadline looms on the horizon, the UAW is reporting that it has reached a tentative agreement with General Motors and the U.S. Treasury. The specifics of the agreement will not be made public until the contract is ratified, however, the UAW did say that changes have been made…
Mopar Drops Drifting Sponsorship
As a part of Chrysler’s restructuring plan it has announced that Mopar will cease its sponsorship of the NuFormz Racing team and driver Samuel Hübinette. The writing has been on the wall for quite some time now as Chrysler has been seeking every area where it can cut costs. Additionally, a strong sign was when…
Subaru May Bring Hybrid to Market by 2012
Just days after President Obama proposed new legislation that would see fleet fuel-economy standards rise considerably in the U.S., Subaru has said it will explore the possibility of bringing a hybrid to market in order to reduce its fleet average. Ikuo Mori, the CEO of Subaru’s parent company Fuji Heavy Industries told a group of…
Mitsubishi Brings 329hp FQ-330 Lancer Evo X to the U.K.
No matter how cool a U.S.-spec car is, foreign automakers always seem to have an even more impressive and hard-core version for oversea’s markets. The Mitsubishi Lancer Evolution is a stellar performer, but in the U.K. apparently there’s a demand foreven more power – 36 more horsepower to be precise. Named the FQ-330, this new…
Lexus Releases Pics of Two LF-A Racers
Ahead of the world famous Nürburgring 24 Hour race this weekend, Lexus has released a set of photos of not one, but two LF-A models that will compete for the title. Last year Lexus brought an LF-A test mule out to the race but announced that it wasn’t technically competing, which is a good thing…
Volkswagen Golf Estate: Wagon Model Delivers Increased Cargo Room
Volkswagen has just released some initial information on the upcoming Golf Estate, which the company confirmed at the sixth-generation Golf’s debut at the Canadian International Auto Show in Toronto, will make its way to North America. The Golf Estate is a compact car and yet as a wagon it offers plenty of cargo room –…
Brabus E-Class Coupe With Up to 462 Horsepower
Hot on the heels of its modification program for the E-Class sedan, German Mercedes-tuner has released a full line of products for the E-Class Coupe. Highlights include a full aero kit, new 20-inch wheels and, or course, a massive engine upgrade with 462hp. The aero kit includes a new polyurethane front bumper with integrated LED…
Mercedes Parent Company Daimler Buys 10% Stake in Tesla
Daimler has just announced that it has reached an agreement with Tesla Motors Inc., that will see the German automaker gain a 10 percent stake in the California-based electric car maker. Along with an undisclosed amount of money the agreement will help forge a partnership between the two companies as they work to bring electric…
Mercedes E-Class Coupe Actually a C-Class
The all-new E-Class Coupe from Mercedes would more accurately be called a C-Class Coupe. We’re not saying that to knock the car either. It’s just that, technically speaking, it’s a C-Class underneath. That’s right, the chassis of the new E-Class Coupe is based on the C-Class sedan’s architecture. The vehicle is even built int he…
Former Chrysler President Tom LaSorda to Advise Penske on Saturn Purchase
The possibility that Penske Automotive Group may in fact purchase the Saturn brand from General Motors has just increased significantly. Penske has acquired the services of former Chrysler President Tom LaSorda as an adviser on the bid. Penske is the second largest dealership group in the U.S. and also distributes the SMART brand of cars…
General Motors to Reduce Dealership Network by 1,124
General Motors will cut 1,124 dealerships loose by October of 2010. The struggling automaker on the verge of bankruptcy sent letters out to the dealerships last week as it searches for ways to reduce it’s current dealer network of 5,969 to just 3,600. GM says it will not renew dealership agreements with the 1,124 companies…
Obama Proposes Significant Rise in Fuel-Efficiency Standards
Yesterday President Obama announced a new proposal being put forward to increase fuel-economy standards across the board. If enacted, the legislation would see the fleet average for passenger vehicles rise to 35.5 mpg by 2016. Currently automakers are facing an 8 percent increase in fuel-economy standards that would see fleet averages for light-vehicles (cars and…
General Motors Canada to Close 42% of Dealerships
Days after General Motors announced it would cut it’s number of dealerships in the U.S. by 1,124, GM Canada is following suit. The number of Canadian GM dealerships being closed may sound much smaller at 292, however, with roughly 700 dealerships nationwide, the cuts represent a 42 percent dealership reduction. GM Canada says the Sales…
Volkswagen Bringing Electric Car Concept to Frankfurt Auto Show
Volkswagen is rumored to be delivering up to four new models at the Frankfurt Auto Show this September and now we have learned that one of those cars will be an electric model. Little (to nothing) is known about the EV Concept, however, it is likely to either use the Up! city car platform or…
Volkswagen BlueSport Roadster On Hold
Sadly it looks like the very-cool Volkswagen BlueSport Roadster may never see the street. VW has not confirmed the car’s status but apparently a company representative told a group of media who were in Australia for a Volkswagen press event that it just didn’t make economic sense considering the global recession. This would no doubt…
Ford Planning Return of the 5.0
Few engines have received the iconic status of the Ford Mustang’s 5.0. The motor disappeared in 1996 but now appears to be ready to make a comeback. News of the return comes out of Australia where Ford Australia product development boss Russell Christophers has confirmed a new 5.0-liter V8 is currently undergoing development in the…
Ferrari 250 Testa Rossa Sets Auction Record at $12M
A Ferrari has once again set a new record for the highest sale price at an auction. The 1957 250 Testa Rossa sold for 9,020,000 Euro (or roughly $12 million), topping the previous record holder, a 1961 Ferrari 250 GT that reached $9.6 million last year. The 250 Testa Rossa hit the block in Ferrari’s…
FIA Abandons Two-Tier System for 2010 Formula 1 Season
Max Mosley, the head of the FIA (Formula 1’s governing body) has agreed to scrap the Two-Tier system he had proposed for the series starting next year. The system was opposed by almost every team in the Formula One Team’s Association (FOTA), including Ferrari, which issued a press release last week announcing its opposition and…
Fast & Furious Nissan GT-R Stolen
Thieves have made off with that oh so sexy Nissan GT-R from the most recent Fast & Furious film. The car was being stored, along with several other vehicles, at a facility in Sun Valley, Los Angeles. The thieves were no doubt aware that the vehicle was inside the facility when they broke through the…
