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Breaking: Volkswagen Reaches Agreement to Buy 42% Stake in Porsche
Volkswagen continues to call it an “integration”, but the company’s business relationship with Porsche is undeniably a takeover. Today VW agreed to buy a 42 percent stake in the sports car maker, paying $4.7 billion for the huge chunk of Porsche. Not satisfied it’s a takeover? Well, how about the fact that Volkswagen’s Chairman Dr….
Report: BMW Unveils ActiveHybrid 7 Series
Just moments after releasing details on the company’s new X6 hybrid, BMW has now unveiled a new ActiveHybrid version of the 7 Series. The ActiveHybrid 7 uses the same twin-turbocharged V8 as found in the 750i, but pairs it with an electric motor and a lithium-ion battery pack to make 455hp and 516 ft-lbs of…
Official: BMW X6 ActiveHybrid is World’s Most Powerful Hybrid With 480hp
BMW has finally made good on its promise to deliver a hybrid model… and in true BMW fashion it puts performance first. The x6 ActiveHybrid uses a the 400hp twin-turbocharged V8 engine from the X6 and combines it with two electric motors to achieve a massive 480hp and 575 ft-lbs of torque, enabling the X6…
Report: Autobahn Country Club Adds Audi S5, TTS Coupe to ‘Autobahn Experience’ Driving School
Chicago-area Audi dealers have formed a partnership with the Autobahn Country Club, that will give the race track the use of an Audi S5 and TTS Coupe for its high-performance driving school. The Audi dealers are now the official sponsors of ‘The Autobahn Experience’, a high-performance program for those interested in improving their driving skills….
Report: Volvo to Debut Electric C30 in Frankfurt
Volvo will show an all electric version of its entry-level C30 hatchback at the Frankfurt Auto Show this September. News of the expected unveiling comes from the U.S.’s AutoCar, saying that the model will be displayed and driven at the Innovation for Life event, which will take place shortly after the auto show. Interestingly, Volvo…
Spied: Production Ferrari 458 Italia Spotted Testing
Thanks to the folks at iCar we have this single photo of the upcoming replacement for the Ferrari F430, the 458 Italia. Ferrari has already release four images of the new exotic, but those are computer generated images. Here we have the first solid idea of what the 458 will look like when its unveiled…
Report: Light Weight Audi S5 Coming in 2012
The hard-core version of the S5 is apparently still in the production pipeline over at Audi, but has simply been delayed due to the current financial crisis. Dubbed Project Anniversario, the new light-weight S5 is still expected to be unveiled in late 2010 for a 2012 production date. Why the long gap between the first…
Report: Mercedes E63 AMG Black Series Coupe To Focus on Weight Reduction, Not Power Increase
The highly-anticipated E63 AMG Black Series Coupe will be an example of how to build a high-performance vehicle by shedding pounds rather than adding ft-lbs. According to the folks over at AutoCar, who cite their AMG insiders, some power increase is likely but the real performance difference will come as a result of fine-tuning and…
Official: New Porsche 911 Turbo Revealed
Porsche has just released a spattering of details (and a few photos) of the next 911 Turbo, which will make more power, consume less fuel and offer even better performance than the current model. Displacement for the turbocharged flat-six is up from 3.6 to 3.8-liters, however, this is far more than just a re-worked engine….
Spy Photos: Mystery BMW Partialy Revealed Ahead of Frankfurt Auto Show Debut
These are the photos BMW doesn’t want you to see and thanks to the folks at Bimmerpost we have them to share. What exactly we are looking at is still a mystery, but the consensus seems to be that whatever it is, it looks amazing. There are two strong possibilities for the vehicle, the first…
Audi Offers $1,000 Off Models That Meet Cash-for-Clunkers Rebate Requirements
Audi will offer an additional $1,000 off any vehicle that also meets the requirements for a Cash-for-Clunkers rebate. This means customers could save up to $5,500 off the price of a new Audi. Eligible vehicles for the CARS (Car Allowance Rebate System) rebate include hatchbacks, sedans, convertibles, crossovers and even sports cars. Notable models include…
Report: Gemballa Strikes Again With Mirage GT Gold Edition
If you’re familiar with German Porsche-tuner Gemballa’s modified Carrera GT, the Mirage GT, stop reading. No really; just shuffle through the gallery of photos below and be done with it. We’re the first to admit that there isn’t much new with Gemballa’s Gold Edition of the car, but it sure is worth a look. In…
Leaked: Official 2010 E-Class Estate/Wagon Images
A full gallery of photos of the 2010 E-Class Wagon (known as the Estate in Europe) have emerged online a month ahead of the car’s official launch at the Frankfurt Auto Show in September. Details on the car are still scarce but we expect Mercedes to bring the 3.5-liter V6 powered E350 Estate over in…
Report: All Future Jaguar Land Rover Models to Get Aluminum Bodies
Jaguar Land Rover’s (JLR) new Indian owner Tata Motors continues to invest in and makes plans for its newly acquired luxury division despite what has so far been a very poor return on investment. JLR posted a $1.11 billion loss last year but that won’t stop Tata from making big changes, the first of which…
Report: Mercedes Considering Formula 1 Withdrawal
With both Honda and BMW already announcing that they will not return to Formula 1 next year, now Mercedes’s involvement in the series has come into doubt. Helmut Lense, a member of the board for Mercedes’s parent company Daimler recently told a German newspaper that the company’s involvement in the world’s top level of motorsports…
Lotus Offers Supercharger Kit for Elise, Exige Models
While Lotus’s philosophy of making its cars as light weight as possible has obvious benefits on the race track, owners of non-supercharged Elise and Exige models can attest to the fact that the tiny Toyota-sourced engines don’t always deliver the sort of thrust one might hope for. To help remedy this situation Lotus has just…
Report: BMW to Debut Green Sports Car Concept at Frankfurt Auto Show
What’s the best way to get people to stop talking about how much of a failure you were in Formula One? Why, announce that you’re building an environmentally responsible sports car, of course! That seems to be the public relations campaign being waged by BMW today as BMW board member Dr Klaus Draeger reportedly told…
Mercedes E-Class Wagon to Debut at Frankfurt Auto Show
Despite rumors of its delay, Mercedes has confirmed that the E-Class station wagon (or Estate as they call it in Europe) will debut at the Frankfurt Auto Show this September. Sales of the new E-Class are already off to a strong start says Mercedes with 40,000 units already delivered and U.S. and Chinese deliveries still…
Breaking: BMW Pulls Out of Formula One
BMW will not return to Formula One after the 2009 season, the company said yesterday in a press release. After watching the BMW-powered Williams cars flounder, BMW decided to buy a majority stake in the team in 2005, (re-naming it BMW-Sauber), in the hopes that under strict corporate control it could be victorious. That would…
Breaking: Ferrari 458 Italia to Replace F430
Ferrari has just released photos and details of a new model that both succeeds and exceeds the incredible F430. Named the 458 Italia, this new mid-engine exotic is powered by a 4.5-liter V8 that puts out an incredible 570hp at 9000 rpm and 398 ft-lbs of torque at 6000 rpm – 80 percent of which…
Report: Jaguar Land Rover Lost $1.11 Billion Last Year
The acquisition of Jaguar Land Rover (JLR) by Tata Motors Ltd. from Ford continues to hurt the Indian automaker as the two British brands recorded a combined net loss of $1.11 billion in 2008. As a sign of the troubled economic times, in 2007 the two automakers managed a total net profit of roughly one…
Reiter Engineering Debuts Carbon Fiber Lamborghini LP670 Race Car
This past weekend the Lamborghini Super Trofeo racing series was in Belgium, running during the same weekend a the famous 24 Hours of Spa. Lamborghini race car manufacturer Reiter Engineering used this opportunity to debut its full carbon-bodied version of the new LP670-4 SV. Dubbed the LP670 R-SV, the racing version is powered by the…
Report: Mercedes Planning E63 AMG Black Series Coupe
Mercedes is planning to launch a Black Series version of the E-Class Coupe. News of this bad-ass-Benz comes from 4WheelsNews, citing sources inside the company. We can also report that AMG boss Volker Mornhinweg hinted at such a vehicle over a year ago at the launch of the SL65 AMG Black Series. The new model…
ABT Sportsline Tunes Audi S4 to 425 Horsepower
When Audi first released the new 2010 S4 with a supercharged V6 rather than a V8 we knew it would be a hit with tuners. One of the first companies to get its hands on a new S4 is Abt Sportsline, Germany’s largest VW/Audi tuner and they did not disappoint. Output has been increased from…
