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Bright Automotive Blames Department of Energy for Failure
Bright Automotive has just announced its plans to close up shop. It blames the Department of Energy (DOE) for not helping secure a $314 million loan. In a letter to DoE secretary Steven Chu, Bright execs wrote that the government failed them and ultimately lost “hundreds of great manufacturing and technical jobs … and thousands…
Buick Grand National to Return as Regal GNX by SLP
Street Legal Performance (SLP), the boys known for beefing up muscle cars, are hatching a plan to bring the Grand National nameplate back to Buick. SLP recently acquired the rights to “GNX”, a Buick name that carries with it quite a bit of power. SLP plans to use it on a sports performance tuned Regal…
Ford Key Note Speech at Mobile World Congress 2012 a First
Every year in Spain, the biggest members of the telecommunications industry get together to show off the latest in technology. This year, Ford Motor Company executive chairman, Bill Ford spoke about his vision of mobile technology and how it fits in with Ford’s plans. Ford mainly discussed an infrastructure of connected cars to help reduce traffic and…
Ford Fiesta ST Production Model to Bow at Geneva Motor Show
Earlier this year, Ford announced the official unveiling of its production B-MAX mini-MPV. Today, we learned that the company will release additional new models to join the B-MAX at Geneva — the European 2013 Ford Kuga and Ford Fiesta ST (pictured above). The 2013 Ford Kuga is the European version of North America’s 2013 Escape….
Fiat-Chrysler Still Seeking Partners According to CEO Sergio Marchionne
Fiat–Chrysler CEO Sergio Marchionne isn’t one to sit idle. The head of both automakers recently said that he is actively searching for possible automotive alliances. Marchionne has always been a firm believer that automakers should collaborate in sharing development and production costs. “We’re on the move,” Marchionne said on the sidelines of an industry event in…
Volkswagen Targets Honda Sales
The United States is a huge market for Honda, hosting roughly one in two sales for the Japanese automaker, a fact that Volkswagen wants to change sooner rather than later. Volkswagen CEO Martin Winterkorn admits openly that Honda was a “…role model for us for many years once,” but now that VW has come into…
Fisker Nina Lacks Funding, Project on Hold Again
Fisker’s newest project, the BMW 3 series rival named the Nina, has been placed on the backburner once again while the company tries to work out its financial woes. Yesterday Fisker announced a shuffle of CEO’s, from Henrik Fisker to automotive industry veteran Tom Lasorda. The new direction is influenced by the mounting pressure placed…
General Motors and PSA Peugeot Citroën Sign Partnership
General Motors and PSA Peugeot Citroën inked a deal yesterday that will see the companies partnering to further their interests in Europe. “This partnership brings tremendous opportunity for our two companies,” said Dan Akerson, GM chairman and CEO. “The alliance synergies, in addition to our independent plans, position GM for long-term sustainable profitability in Europe.” The…
2012 Chevrolet Cruze Station Wagon First Video: Geneva Motor Show Preview
Yesterday we revealed the 2012 Chevrolet Cruze station wagon, but as usual, videos are better than photos. The Chevrolet Cruze station wagon is set to debut at the upcoming Geneva Motor Show, but for the strange few who are eager to see it, there’s already a video. Our previous post discussed powertrain specifications, but it…
2012 Daytona 500 Highlights, Fiery Explosion Video
This year’s running of the legendary Daytona 500 NASCAR race was interesting to say the least. The tale starts with a storm, quite a large rain storm, that left the track soaking wet through Sunday, causing NASCAR officials to push the race back a day. This was the first time in the Daytone 500’s 54…
Tom Lasorda Named New Fisker CEO
Fisker Automotive announced today that former Chrysler head Tom LaSorda will replace the company’s namesake, Henrik Fisker, as the new CEO. Fisker first called LaSorda to join the team as an observer and to assess the company as a whole. After two months of evaluation,He asked LaSorda to become CEO. Fisker meanwhile announced his intent to “build…
Chevrolet Cruze Sation Wagon Fully Revealed
The Chevrolet Cruze is a popular volume seller for the company, and Chevy is now bringing its Cruze sedan out in station wagon form to try and appeal to a broader range of consumers. The first full photo of the wagon dropped today, a preview of what we will see in person at the 2012…
Fisker Surf to Bow at 2012 Paris Auto Show
The Fisker Surf premiered at the 2011 Frankfurt Auto Show as a production ready concept, and will arrive at dealers as early as late 2012. The production-ready Surf will debut at the 2012 Paris Auto Show. The Fisker Surf will be based on the same production line as the Karma, and will use the same…
General Motors to Buy 7-Percent of Peugeot
As part of a development alliance, it appears that French automaker PSA Peugeot Citroen will be selling 7-percent of its company to General Motors this week. If the deal is to go through, it will include a standstill agreement in which GM would not be able to take a greater holding of Peugeot without permission….
Automakers Drastically Cutting the Number of Vehicle Options
In fact, according to some, offering fewer options can also prove ultimately beneficial to consumers, who end up liking features they might not have previously considered.
Dodge Challenger Tony Hawk DUB Edition Up For eBay Auction
Professional skateboarder Tony Hawk is auctioning off some of his personal goodies to benefit at-risk youth by providing them with free skateparks. Among the available items is his DUB Edition custom 2010 Dodge Challenger R/T. The Dodge Challenger features 22-inch custom TIS wheels paired with Pirelli rubber. The Tony Hawk logo has been embroidered onto…
Top Gear USA Consulting Producer Wrecks Camaro ZL1
Rumors ran through Twitter today, stirring a frenzy of questions and snarky comments after word escaped that someone wrecked a Chevrolet Camaro ZL1 at the Virginia International Raceway today. Well, it turns out that the rumors were true and the wrecker was Top Gear USA consulting producer Aaron Gold. The picture appeared on Gold’s Facebook page,…
Chevrolet Camaro and Corvette Count For a Third of U.S. Sports Car Sales
Chevrolet is laying claim to sports car bragging rights this year after accounting for more than a third of total U.S. sports car sales with their Camaro and Corvette. “We challenge any company to bring two cars to compete with the Corvette ZR1 and Camaro ZL1, dollar for dollar,” General Motors North America president Mark…
Strong Demand for Manual Equipped Ford Focus
A few weeks ago, American automaker Ford confirmed that it would be equipping the Focus Titanium model with a manual transmission option in addition to its S and SE trim models. Ford now believes that the manual-equipped Focuses will account for nearly 10-percent of its sales. Even though the Focus is only getting a five-speed…
Jay-Z and Kanye West ‘Otis’ Maybach Up For Auction To Benefit Save the Children -Video
Although Daimler has announced the discontinuation of the Maybach brand, young money ballers, shot-callers now have the opportunity to bid on what’s arguably the most notorious Maybach of all. Starring in the Jay-Z and Kanye West “Otis” music video, the chopped “Mad Max” Maybach will be put on the block by auction house Phillips de…
1996 Chevrolet Corvette Grand Sport Convertible – Retro Resale
Collector’s editions are always nice to have, especially when quantities are limited. When it’s the last of a generation of iconic Chevrolet Corvette models, and only 190 were made… it’s an even bigger deal. Up for sale is the 330-hp, LT4-equipped Corvette Grand Sport Convertible, produced back in 1996 to celebrate the outgoing of the…
1969 Ford Mustang Boss 557 is More Incredible Than it Sounds – Retro Resale
Looking for an immaculate 1969 Ford Mustang packing a 557 V8 under the hood that has been disguised in a 429 body? This highly detailed, frame-off build could be yours for “just” $159,900. The project has only seen about 300 miles since its completion and sports one of the most immaculate bodies ever to grace…
Toyota RAV4-EV Immune to “Bricking”
Following up on Tesla’s battery problems, we got a chance to talk to Toyota about the upcoming RAV4-EV. Toyota has been working closely with Tesla in developing their electric crossover. We were curious to see if the issue that is now worrying owners of Tesla Roadsters will be a problem with Toyota’s vehicle as well….
Ken Block Testing for His Sixth 100-Acre Wood Rally Race- Video
Ken Block has truly built himself into a brand name in the drifting, racing and general car shenanigans world. When he goes racing, it seems there is always a camera crew lurking in the shadows ready to catch the action. The newest Block video shows Ken running his tuned up Ford Fiesta through the 100-acre…
