Archive for January, 2009

Hyundai will release its Toyota iQ rival next year after the Korean automaker’s r&d department was instructed to speed up development of what is known as the ‘green baby.’ A AutoCar source said that the car would be a little more funkier and functional than the iQ.
Under consideration is a car that offers a single [...]

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Video: Bentley releases biofuel supercar promo, car may be called ‘Victoria’

We told you earlier this week that Bentley will be revealing its fastest, most power production car ever at the 2009 Geneva Motor Show on March 3rd. The car will be capable of running on biofuel showing Bentley’s commitment to pioneering the use of flexfuel in the luxury segment.
Bentley has already dropped a teaser image of [...]

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Stop having babies: Volkswagen asks Chrysler to stop building Routan for a month

Well it seems like people listened to Brooke Shields when she said not to have babies for the sole purpose of purchasing a Volkswagen Routan. According to The Windsor Star, in a letter posted on CAW Local 44’s website, workers this week will not be building the Routan minivan when they return to work on [...]

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Video: BMW 5-Series GT (PAS) Concept Teaser

Posted: Jan 30, 2009
Filed under: BMW, Videos
Video: BMW 5-Series GT (PAS) Concept Teaser

BMW has released its first “teaser” with inside look at the upcoming Progressive Activity Sedan – or better known as the ‘5-Series GT.’ Almost a month ago, BMW confirmed that it is moving forward with the plans to build the 5-Series GT and will target the vehicle at “drivers who want an SUV but are [...]

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2009 Mazda MX-5 Miata coming to the Chicago Auto Show

Mazda’s beloved 2009 MX-5 Miata Roadster will be its stateside debut at the 2009 Chicago Auto Show with sales to begin later this year. The car is already on sale in Japan (where it’s known just as the Mazda MX-5) for a starting price of 2,330,000 yen ($25,331 USD). We’ll get the U.S. pricing details [...]

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Honda cuts profit targets by 57 percent

Posted: Jan 30, 2009
Filed under: Honda, Industry News

Honda said today that it will cut its annual profit targets by over half after reporting that its profits fell nearly 90 percent in the latest quarter due to rising costs, falling demand, and a stronger yen. Honda’s net profit for the Oct.-Dec. period was 20.24 billion yen ($224.9 million USD) down from 200 billion yen [...]

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Videos: Hyundai Super Bowl XLIII Commercials released ahead of the big game

Hyundai has released all of its Super Bowl XKIII commercials before the big game on Sunday and we’ve got each one right here for you (by right here we mean after the jump).
There are a total of 5 commercials including: Contract; Commitment; Columns; Angry Bosses; and Epic Lap which is the commercial for the 2010 Hyundai [...]

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Porsche sales fell 14 percent in 6 months, looking to more production cuts

Porsche, whose fiscal year starts on Aug. 1, said today that sales fell 14 percent during the first six months due to the world economic crisis that have hurt demand. Sales fell a total of 27 percent to 34,000 units during the first six months of its fiscal year.
Porsche will release its net profit figures [...]

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Saturn won’t offer a 2009 Astra, has enough 2008 models in stock

According to a Saturn spokesman Steve Janisse, General Motors will not be importing the Astra for the 2009 model year. Janisse said that General Motors has more than an adequate stock of the 2008 Astra and since there were no major changes for 2009, the company is content with not offering a 2009 model year.
Automotive News [...]

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Maybach 62S Landaulet for sale on eBay for $2.2 million

A Baltic Black Maybach 62S Landaulet with an Aspen White interior is on sale on eBay Motors. It’s rare for a vehicle of such exclusivity to pop on the auction site, but with the tough economic times, we’re not that surprised.
Instead of cashing out the retail price of $1.35 million and wait until Maybach hand [...]

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