Some of you may have liked the new Lincoln C Concept and some of you may have thought that it’s just plain weird looking. However, besides hinting at a new segment that Lincoln may compete in sometime in the near future, the Lincoln C Concept signals at a new powertrain for the next-generation Ford Focus that [...]
It’s no surprise that General Motor’s tight finances will hold it back from producing a production version of a concept like the Cadillac Converj. But you have to ask yourself why cash-strapped GM would invest money in a concept that it sees no future for in the short-term – especially in terms of profitability. According [...]
When General Motors submitted its plan to Congress to get federal loans last month, it said that it would consider selling the non-profitable Saturn brand. It’s now a month later and GM has said nothing about the future of Saturn – in fact it almost seems like they’ve been avoiding saying anything about their future plans [...]
Chrysler showed up to Detroit last week with five electric-drive concepts – none of which it has a concrete plan to build. According to Automotive News, Chrysler hopes to put at least one into production next year but the automaker is facing major obstacles. Unlike its rival General Motors, Chrysler has not confirmed who will [...]
With the 2009 Detroit Auto Show coverage going on at the beginning of the week, we posted numerous galleries in the last 5 days. This week check out photos of the new 2010 Mercedes-Benz E-Class, 2010 Ford Taurus, Dodge Circuit EV, Volkswagen Concept BlueSport, 2010 Honda Insight Hybrid, Cadillac Converj Concept, Subaru Legacy Concept, 2010 Lexus HS [...]
Hertz Global Holdings Inc announced Friday that it will cut more than 4,000 jobs worldwide due to the fall in demand for car rentals as consumers cut back on travel. Hertz shares fell nearly 9 percent after the announcement, Hertz said that the job cuts will save it anywhere from $150 million to $170 million in 2009. [...]
According to FoMoCo’s finance unit, the automaker is in talks with the Treasury Department and Federal Reserve on how to unfreeze the credit markets. Spokeswoman Margaret Mellott declined to say whether the request for funds will come from TARP. GM and Chrysler have both tapped into the TARP program. Ford previously said that it is [...]
Tesla and Fisker are like the Pepsi and Coke of the electric-car industry – well almost. Both offer outstanding products that push the limits of ‘green’ cars to a whole new level. Both company’s have arrived on the electric-car/hybrids scene with one product each and while Tesla’s Model S Sedan is still 2 years out [...]
So you’re still weeping about Honda canning the Acura NSX. Don’t worry – because despite the global economic crisis there are still a couple of high-performance cars that will still come out of Japan for you to drool over. According to Inside Line, Nissan is still working on four-door GT-R that will be badged an [...]
It seems like every time AMG boss Volker Mornhinweg announces that “the horsepower war is over” RENNTECH comes out with a press release releasing an new horsepower upgrade for AMG vehicles. “Last year, it was a coincidence that we were releasing a new, 695 hp performance package for the 65 series AMG cars at around [...]
