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Cadillac ELR Will Cost Less Than Tesla Model S
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General Motors has confirmed production of the Cadillac ELR coupe. The American automaker has yet to announce pricing for the coupe, but an unidentified course close to the project revealed the Cadillac ELR’s price will be lower than the $57,400 Tesla Model S. It is expected that the ELR will be priced somewhere around $49,900…
1957 Ferrari 250 Testa Rossa Sets Auction Record Selling For $16.4 Million
The annual Pebble Beach Concours d’Elegance is known to attract some priceless classics, but this year, this 1957 Ferrari 250 Testa Rossa prototype took the cake. Gooding and Company, a well known auction house, was catapulted into the record books last week, selling the 250 TR for $16.4 million. This price was the highest ever realized for…
Mazda RX-8 Production Ends
Mazda has announced the cancellation of production to its RX-8 rotary engine sports car, because of falling sales and stringent global emissions standards. Production in Hiroshima, Japan, ended in early July and global sales of the car will conclude later this year. The RX-8 and the three generations of the RX-7 that preceded it, have…
Mini Prices New Goodwood Model At $52,000
MINI’s new Goodwood model was unveiled at the world-famous Pebble Beach Concours d’Elegance in California this week. The MINI Goodwood is an exclusive special edition which has been produced in close collaboration with the Rolls-Royce Motor Cars design team. This is a car that drips of automotive luxury and exclusivity in its highest form. The…
One Billion Cars Are On The Road
In 2010, the world’s vehicle population hit one billion which works out to be roughly one car for every seven people. Reports conclude that China fueled half of the global growth, as it passed Japan for the world’s second largest vehicle population, with 28 million cars on the road. India’s vehicle population has increased by…
Lotus Exige Matte Black Final Edition Makes Debut At Pebble Beach
The Pebble Beach Concours d’Elegance is in full swing, and Lotus has just unveiled the Exige Matte Black Final Edition, a special model reserved exclusively for the North American Market. The Exige Matte Black Final Edition will premier within the Lotus exhibit on Peter Hay Hill on August 18-21. Lotus will only produce twenty-five Exige…
Subaru Of America Prices 2012 Impreza At $17,495
Subaru of American announced today, that its highly-anticipated 2012 Impreza will start at just $17,495. At that price, customers will get the base model 4-door 2.0-liter with a five speed manual transmission. Impressively, the car’s starting price remains the same as last year’s model. The base model equipped with a CVT transmission will carry a…
Kia To Unveil RWD Four-Door Sports Sedan At Frankfurt Auto Show
Kia has officially confirmed that it will be debuting a rear-wheel drive four-door sports sedan at next month’s Frankfurt Auto Show. The concept has sleek and muscular proportions, and will likely slide in between the Hyundai Genesis and Equus in terms of size. “I believe the car is a strong statement from Kia: We are…
McLaren Gets Significant Investment From Billionaire Peter Lim
Singapore billionaire Peter Lim has made a “significant investment” in British sports car maker McLaren, the company said. With his contribution, Lim has joined McLaren Automotive’s board with immediat effect. Forbes ranked him the eighth richest person in Singapore, with an estimated fortune of 1.8 billion. “Peter Lim’s track record in Asia as a highly…
Swedish Debt Enforcement Agency Begins Collection Process Against Saab
Sweden’s regulators started the collection process against Saab Automobile after the struggling automaker failed to meet a Tuesday deadline to pay two suppliers. ”We’ve just begun by looking at what kind of bank accounts they have and what kind of collateral there might be” in the process that started Wednesday, Tommy Barkman, a case worker…
Maserati To Build First U.S Made SUV at Chrysler Plant
Fiat’s luxurious Maserati brand has plans to build its first Jeep Grand Cherokee based SUV at Chrysler’s Jefferson North assembly plant in Detroit. The eagerly anticipated concept version of the model will debut at the Frankfurt Auto Show next month. CEO of Fiat and Chrysler, Sergio Marchionne, aims to expand Maserati and Alfa Romeo by…
Brumos Porsche Builds Exclusive 911 GTS B59 Edition
Maybe you can’t choose between the 23 different Porsche 911 variants currently listed on the German automakers website. Maybe none of them suit you perfectly. Well there is some good news, add a twenty-fourth variant to that list. Brumos Porsche of Jacksonville, Florida, confirmed today that five rare, factory-built 911 Carrera GTS B59 Edition Coupes…
Chevrolet Will Build 100 Millionth Small-Block V8 This Fall
This year marks a major milestone for the Chevrolet brand. This fall, marks the 100th anniversary of the automaker and, the company expects to build its one-hundred millionth small-block V8 this fall. Chevy is not sure which engine will mark the 100 millionth number, nor does the company know where it will end up (Corvette?…
Kelley Blue Book Ranks Audi As Best Luxury Brand For Total Cost Ownership
This week, a news report was released by Kelley Blue Book’s kbb.com, proclaiming Audi as the number one luxury brand for best total cost of ownership. The data confirmed that Audi yields the lowest average Total Cost of Ownership for the initial five-year ownership period, beating all other luxury brands. The Total Cost of Ownership breaks…
BMW May Revive 5-Series Wagon For America
With the passing of the Volvo V70 and VW Passat in North America, European wagons are becoming harder to come by. But BMW is considering bringing the 5-Series Touring back to our shores to make up for disappointing 5-Series Gran Turismo sales figures. Nothing has been confirmed, however some sources have learned that the comeback may…
Suzuki Disatisfied With VW, May Collaborate With Fiat Instead
In 2010, Volkswagen took a twenty-percent stake in Suzuki, and virtually no progress has been made from the alliance since then. Neither side has been thrilled with the coalition and the two automakers have even stated cultural differences as being a factor in the failed relationship. Both automakers had different goals: VW wanted to expand…
Audi, Sony Build R8 LMS Driving Simulator For Gamescom
Happening right now out in Cologne, Germany is Gamescom, the world’s largest trade fair and event for video games and entertainment. And with all the passionate automotive enthusiasts in Germany, it’s no surprise that Sony wanted to make a statement in their booth by teaming up with Audi to show off a whole new way…
Top 5 Fastest Roads in America
America’s five fastest roads have been ranked and surprisingly, the average driver’s need for speed has been dampened. American’s are traveling more slowly than they were a few years ago, likely due to rising gas prices and increased traffic enforcement. The average speeder traveled 81 mph on America’s top ten fastest roads, which is down…
Morgan Builds High Performance Electric Sports Car
Morgan Motor Company and British technology specialists have teamed up to build a new, high-performance electric sports car prototype. The development project is being partially funded by a £100,000 grant from the Niche Vehicle Network CR&D Programme that supports companies active in the niche vehicle sector. The vehicle will use a new derivative of Zytek’s…
Chevrolet Miray To Be Shown At Frankfurt Auto Show
Chevrolet is very excited about the futuristic Miray sports car to say the least. The Miray was first unveiled at the Seoul Motor Show in May this year, and the futuristic looking Chevy merges a jet-inspired exterior with advanced hybrid powertrain technology. The Miray will get its first European unveiling at the Frankfurt Auto Show in…
ContiTireRace2 Game Hits Facebook, iPad and iPhone
If you loved playing Continental Tire’s ContiTireRace, you’ll want to check out the sequel, ContiTireRace2. Available to play on Facebook or as an app for iPhone and iPad, ContiTireRace2 lets you tear up two new tracks – the Norway and Sunshine State. The object of the game is to complete the track as quickly as…
$230 Million Worth Of Exotics Present At Monterey Car Auctions This Week
With the Pebble Beach Concours d’Elegance kicking off tomorrow in Monterey, California, hundreds of collectible cars will be up for sale. There will be at least five auctions slated for this week, put on by Bonhams, Gooding & Company, Mecum, RM and Russo and Steele. Collector car insurance company Hagerty has compiled the estimated net worth of every car…
Codemasters Launches F1 Online Free-To-Play Game
Looking for a new way to waste time at work…we mean, home? Codemasters has finally announced their upcoming free-to-play, browser-based Formula 1 racing game and management simulator. This means that it’ll be easily accessible no matter where you are, so long as you have an Internet connection available. It’s set to launch in the first…
Honda CR-V May Get Pickup Version, New Accord To Launch In 2012
Honda has planned to discontinue the Ridgeline in 2013, and with this move, there is an opening for a new pickup truck. The next-gen CR-V could spawn a new compact pickup variant. The CR-V is actually based on the Civic, so the pickup would be more of car based utility vehicle much like the Ridgeline….
