Uncategorized NewsAll News
Browse by News Category
Fiat 500 To Be Sold By Ferrari Distributor In Canada
Fiat released their list of retail outlets in the United States and Canada, and one interesting tidbit jumped out at us. While 99% of Fiat franchises are paired with Chrysler dealers, one company, the Remo Ferri Group of Automobiles, which operates two Ferrari locations in the Toronto area, is listed as a distributor. A more…
GM IPO Begins First Day Of Trading
General Motors long awaited IPO began trading on Thursday, and was up approximately $2 as of 12 noon, Thursday. Listed at $33 a share, the stock price quickly climbed to $35 a share, as GM’s CEO Dan Akerson rang the opening bell at the New York Stock Exchange. IPO’s are often volatile, with new startup…
LA 2010: Chevy Volt Wins Green Car of the Year Award
Today at the 2010 Los Angeles Auto Show, the group that hands out its Green Car of the Year award handed it over to Chevrolet for their Volt, which only made its official world premiere at the show the day before. The Green Car of the Year is awarded by the Green Car Journal which…
CONFIRMED: Pagani C9 To Use Bespoke AMG Mercedes Engine
Pagani’s new C9 supercar will get an all-new, custom made AMG motor, according to a statement just released by the company. The bulletin states that The engine of the Pagani C9 is not a derivative of the AMG V12 engine developed for the SL65 Black Series, nor is the AMG V12 engine in the SL65…
Ford Reduces Stake in Mazda; No Longer Largest Stakeholder
Now with Ford offloading 7.5 percent of that interest (the shares will be transfered to Mazda’s busines partners in off-auction trading through the Nikkei stock exhange); Chase Manhattan Bank is set to become the largest individual shareholder in the company.
General Motors Expands IPO Offering: Stock Going for Over $32 Per Share
However with today’s IPO it’s hoped that the amount of money generated from the share offering will allow GM’s CEO Dan Ackerson to return a healthy portion of the $49.5 billion in bailout funds GM received last year.
VIDEO: Ken Block Can’t Drive, Crashes A WRC Car
We all know Ken Block is a cool guy and a self-made millionaire, but what nobody seems willing to admit is that the guy can’t drive. Well, maybe he has some talent, but not nearly as much as Ford and Monster Energy Drink’s PR machine would have us believe. Although he has some of the…
Hyundai Plans 10-Speed Transmissions, 50 MPG CAFE Rating
At today’s Michigan tech briefing, Hyundai announced plans for new transmissions, including a 10 speed automatic, and ambitious fuel economy targets. Hyundai claimed that a 10 speed automatic would be part of their overall strategy for 2016 through 2020, along with cylinder deactivation. Even more enticing, Hyundai confirmed that a dual clutch transmission would be…
2011 Hyundai Elantra Details Revealed
Hyundai is hosting a briefing at their HACHI technical center in Michigan, and Autoguide is on hand for the various presentations today. The first one focused on the upcoming Elantra, and CEO John Krafcik revealed some important details. Among them was a claim that the Elantra will get 29 mpg city and 40 mpg highway,…
Lamborghini Builds Final Murcielago
Chest-merkin users of the world have been dealt a hefty blow as Lamborghini announced that Murcielago production had ended, in anticipation of their upcoming 700 horsepower supercar. The orange LP670-4 SV is destined for Switzerland, and is the 4,099th car produced during the car’s 9 year production cycle. While the upcoming replacement for the car…
SEMA 2010: Ford Mustang Concepts Crash Ford’s Fiesta
Pardon the bad Spanish puns, but the Ford Fiesta isn’t the only game in town at the Blue Oval’s stand at this year’s SEMA Show. Ford’s pony car came galloping into Vegas with 6 variations of the Mustang, including V6 and V8 versions. While most of the cars were packing the 5.0 V8, the V6…
SEMA 2010: Ford F-Series Concept Indulge Your Inner Bro
The “bro truck” is a distinctly local phenomenon, common in the Southwestern United States, where a stereotypical bro drives a souped-up pickup, usually with an enormous and inappropriate lift kit. Ever concious of this important demographic, Ford made sure to bring some outrageous F-Series concepts to SEMA, in the hopes of capturing the all-important flat-bill…
Ford F-250 Reaches a Million Miles in Just Four Years
Marsella’s pickup has reached the same distance many big rigs do before requiring a major overhaul. What makes it even more remarkable.
Honda To Unveil Plug-In Hybrid, EV Concept At Los Angeles Auto Show
Despite pioneering the technology behind hydrogen fuel cells, Honda is lagging far behind arch-rival Toyota in the hybrid and electric vehicle segment. With the Toyota commanding over 70% of hybrid market share, and Honda’s Civic, Accord and Insight hybrid models all falling flat, the big H must do something quickly to avoid losing the segment…
HPP Shows Firebird, Camaro Builds Ahead Of SEMA
Heide Performance Products, a Michigan company that helps convert Chevrolet Camaros to modern day Pontiac Firebirds, has unveiled their latest creation, a replica of the 1969 Trans-Am based on the current Chevrolet Camaro. The HPP Firebird will probably perform just like the Camaro – fast in a straight line, but at it’s best while standing…
Video: Youngster Shows What’s It’s Like To Drive A Tesla
When we test drove the Tesla Roadster Sport 2.5 , we did our best to provide you with an accurate impression of what it feels like to drive something so completely different from anything else on the road. Even with the limited range, the lack of practicality and the huge pricetag, we would still have one without…
REPORT: 2014 Ford Mustang To Get Independent Rear Suspension, Lose Weight
With the heaviest 2011 Ford Mustang nudging 4000lbs in curb weight, Ford knows that things have to change if their iconic pony car wants to meet upcoming fuel economy regulations. Cutting weight and overall size will be the most expedient route, with lightweight materials coming into use throughout the vehicle. The Mustang is also a…
Hyundai To Launch Genesis As Separate Luxury Brand In Europe In 2013
Hyundai will launch it’s Genesis models in Europe starting in 2013, but the cars will be part of a separate luxury channel rather than as part of the existing Hyundai lineup. Outlining his plans for Genesis, Tony Whitehorn, Hyundai’s managing director for the UK, told AutoExpress “Lexus did a great job in the States, although…
Toyota To Repair “Shredding” Belts On 2010 Corolla, Matrix
Toyota is recalling 10,750 Corolla and Matrix models due to fault accessory belts, which drive the air conditioner, alternator and water pump. The defect is only present in models with the 1.8L four-cylinder which were assembled in North America between February and March of 2010. The belt is at risk of deteriorating, which could lead…
Take the Remote Porsche 356 A Coupé For a Spin
Take the Porsche 356 A Coupé for a spin around the living room. At first, you might bump into a few things, but after a few laps, you’ll be handling this remote controlled car like a pro. Ideal for collectors or car enthusiasts, the amazingly detailed 1:18 scale model of this classic ‘50s vehicle is…
Toyota/Tesla RAV4 EV Will Cost Toyota $60 Million
Toyota‘s initial investment of $50 million in its partnership with Tesla will also cost the company another $60 million in development costs needed to bring its RAV4 EV to market. The $60 million is, according to SEC filings, for services rendered by Tesla, and any future components will require additional funds. Tesla took over Toyota’s…
2011 Chrysler 200C Officially Revealed
Chrysler‘s much maligned Sebring is getting a new name and a new look for 2011. Re-branded as the 200C, the mid-size car from the Pentastar brand retains the Sebrings sillhouette but the new fascias and lights help make the car look substantially better than the outgoing Sebring. Power comes from a 2.4L four-cylinder or a…
Lexus May Offer Cash Rebate To Best Mercedes In Sales Race
Lexus and Mercedes-Benz have been neck and neck in the luxury car sales race in the United States, and the high stakes means that Lexus may resort to laying down cash incentives to help capture the number one spot. After Mercedes bested Lexus by 3,000 units in September, reports are emerging that Lexus will offer…
Scion xD Release Series 3.0 Priced from $16,905
Scion‘s xD RS 3.0 is yet another special edition that lacks any real substance, but evidently that’s not stopping the folks at Scion from releasing it to the public. Much like the Ford Mustang and Porsche 911 variants that have been flooding the marketplace, the highlight here seems to be a cool paintjob and carbon-fiber…
