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Fiat Slows Investment And Expansion Activities Amid Shaky European Economy
While the revival of the Fiat brand in North America and the acquisition of Chrysler suggested financial strength within the automaker, it seems no company is immune to the current global economic downturn. According to Fiat CEO Sergio Marchionne, “a better line of sight” into Europe’s financial situation and its future is required before resuming Fiat’s…
Car and Driver Announces The 10Best Cars of 2012
Car and Driver’s annual 10Best Cars awards are back and while other publications focus on the best new cars of the year, what makes Car And Driver’s 10Best unique is its consideration of all vehicles that are currently on sale. The rules of the 10Best list state that winners from the previous year get an…
Fiat Panda 2 Remains As Entry Level Model In Europe
You might find it strange, but in Europe when automakers release a new model, they don’t always retire the old one. That’s the case with Fiat‘s Panda 2, which will now run under the new “Panda Classic” title. Fiat debuted the new model at last September’s Geneva Motor Show, where it seemed likely the old…
Pang Da Still Interested In Saab
It seems like there’s more people involved that are interested in saving Saab than there are interested in purchasing their vehicles. Nonetheless, the drama continues to unfold as we reported yesterday that the Bank of China would come to save Saab, but the Chinese firm Pang Da is still expressing interest. Pang Da is still…
Porsche Cayenne Diesel Slated For U.S. Market
Porsche is spicing up their U.S. vehicle lineup starting next year with three new models, including a diesel Cayenne. It’s hard not to see the writing on the wall when a status symbol like Porsche decides to port the diesel counterpart of their high-end SUV to the U.S. Most people familiar with the European car market…
2013 Mercedes-Benz GL Spied
Mercedes-Benz GL has gone since 2006 without an update, and for the 2013 model year, Mercedes will finally be paying attention to their big three-row SUV. While the diesel GL models will be largely carried over, M-B’s new line of turbocharged V8s and direct-injection V6s will make an appearance in the new model. Other changes…
Ferrari To Launch Special Edition 599 GTB 60F1
Next year, Ferrari will bid farewell to the aging 599 GTB, but not before giving it one last special edition model. This next one will be called the 599 GTB 60F1 Edition and it is to commemorate 60-years since Ferrari won its first race in Formula 1 back in July of 1951, at the Silverstone…
2013 Dodge Dart Revealed With Alfa Romeo Underpinings
Dodge revealed teaser shots of their Dart compact car, designed to replace the wretched Caliber crossover, and so far it looks to be the first hit of Alfa Romeo-inspired product for North America. Using the underpinings of the lovely Alfa Giulietta compact, the Dart will use a 1.4L turbocharged Fiat MultiAir engine – good for…
Mercedes-Benz To Promote AMG In F1
It was back in 1967 when the AMG badge first appeared on a Mercedes-Benz product, and in 2012 it will first appear on a Formula 1 car. In order to promote its performance division, Mercedes-Benz has decided to change the name of its F1 team for the 2012 season, and it will now be called…
Alfa Romeo MiTo Busts 2,738 Water Balloons on a Skidpad [Video]
What happens when you mix a stunt driver with a sporty hatchback, skidpad and more than 2,738 water balloons? Just ask Terry Grant. The driving pro held a total of 19 world records for his fancy automotive footwork, but recently garnered his 20th by bursting the most-ever water balloons. Grant got to take part in…
GM Efforts Failed To Achieve Profitability For Opel
General Motor‘s European subsidiary, Opel has contributed greatly to GM’s engineering and technology development. Despite this, Opel has had difficulty making profit. GM Vice Chairman and Opel’s supervisory board chairman, Stephen Girsky explained to Financial Times Deutschland, “Unfortunately, our plan for making Opel profitable this year did not work.” Analysts suggest causes for Opel’s unprofitability include…
Volkswagen’s Chattanooga Plant Receives LEED Platinum Award
Volkswagen‘s Chattanooga manufacturing plant has become the first and only automotive manufacturing facility in the world to receive a Platinum certification from the US Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED). From the onset, Volkswagen had designed their Chattanooga plant, where their popular Passat is produced, to be as green as…
Land Rover Planning Plus-Sized Range Rover Evoque
Autocar UK is reporting that Land Rover is currently planning for a bigger Range Rover Evoque model, slotting a vehicle in between the Evoque and its Range Rover Sport sibling. Success of BMW‘s X-models and Audi‘s Q-models has encouraged Land Rover to expand its Range Rover brand. Possibly called “Grand Evoque”, it should be based…
Chinese Bank May Come To Saab’s Rescue
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Saab’s sob story saga might be coming to an end, though the information surrounding their pending acquisition is murky at best. Rumors swirled quickly around the media yesterday that the Bank of China, fourth-largest by market value had planned to acquire just under 50 percent of the company. Those reports are now being corrected— it’s a bank in…
Opel Insignia Gets New Biturbo Diesel
Opel, General Motors’ German wing is boasting big changes to their Insignia sedan, including a new biturbo diesel.The engine makes 195 horsepower and about 295 foot-pounds of torque, but the real eye-catcher on the new engine is fuel consumption and emissions. The new Insignia is only supposed to emit 129g/km of CO2 and achieves 48…
Porsche Planning To Double Annual US Sales
Porsche is already diversifying its product portfolio, in addition to the new 911 and Panamera GTS and Hybrid models, it’s got a diesel Cayenne headed to US dealers next year, along with the Cajun “baby” crossover
BMW X6M Diesel Teased [Video]
Oh we just couldn’t help but think one thing when we saw this teaser video from BMW. By blurring out the key parts of the car – mainly the rear badges – we had to wonder if BMW decided to take a page out of XXX videos from Japan. You know, where they’re notorious of…
Bank of China Tipped as Latest Saab Savior
Although Saab has been struggling for the past year, don’t bet against it. All but doomed when GM sought to stop Saab’s deal with the Chinese Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co., Youngman is now proposing a new deal with Bank of China, the country’s fourth largest bank by market…
Eight Ferraris, Other Exotics Destroyed in Japan Car Crash [Video]
An bizarre accident over the weekend in Japan severely damaged 14 cars, eight of which were Ferraris. The other vehicles involved in the smash-up include three Mercedes-Benzes, a Lamborghini, a Nissan Skyline and a poor little Toyota Prius. According to the news report, a caravan of foreign car enthusiasts were heading from Hiroshima to Kyushu…
Volkswagen Cross Coupe Video – First Look: 2011 Tokyo Motor Show
A look at VW‘s future styling, technology and perhaps even a new model, the Cross Coupe Concept was unveiled this week at the Tokyo Motor Show. Certainly a handsome machine, it looks close to production (outside and in), plus it features an all-new electric all-wheel drive system mated to a plug-in hybrid drivetrain. GALLERY: VW…
Lotus Debuts New Evora GTE By Swizz Beatz
The Evora GTE is the most powerful Lotus to date, making 444 horsepower with a 3.5-liter v6, but track-bred performance isn’t quite enough to make it pop. Instead Lotus signed a deal with rapper/producer Swizz Beatz to collaborate on a special line of cars that have hiphop swag. This isn’t the first time an automaker…
BMW M6 Gran Coupe Rumors Surface
New rumors are surfacing regarding BMW‘s new M6 and the possible M6 Gran Coupe, now speculated to make its debut before the M6 Coupe and Convertible variants. Rumor has it the M6 Gran Coupe could make its debut at the 2012 Geneva Auto Show around March. The M6 Coupe and Convertible would then make its…
Land Rover Gets In The Holiday Spirit With New Gift Ideas
If you’re stuck on what to get the Land Rover enthusiast in your life, why not surprise them with a Land Rover Experience, an ice hat or a collapsible kettle? These are just a few of the new offerings at Land Rover Gear’s online shop. One of the coolest ideas is the Land Rover Experience….
Mercedes-Benz Posts Strong November Sales, Closes Gap With BMW
For the second straight month, Mercedes-Benz topped BMW in sales, bringing them just 1,600 units behind in annual deliveries to its German luxury counterpart. Both brands are trying to replace Lexus, who has been at the top of the luxury sales list for the past 11 years, and this years’ race is probably the closest….
