Sales reports are in and General Motors along with FoMoCo, American Honda and Toyota Motors Sales USA reported sales declines of more than 31 percent in December. GM reported a drop of 31.2 percent bringing its total for the year to 2.95 million vehicles sold, the lowest since 1959. Ford Motor Company posted 34.4 percent [...]
So we’re really excited about the 528-hp Audi R8 V10 but we’re pretty sure that it’ll cost a lot more than its V8 sibling. While Audi has yet to reveal any pricing info on the model, it announced today that the R8 V10 will be the world’s first car to offer all-LED headlamps as standard. Our [...]
Tata Motors, creators of the Tata Nano and owners of Jaguar and Land Rover, reported a huge sales drop for the month of December due to tight credit and the slowing global economy. Overall Tata sales fell 47 percent to 25,219. Passenger vehicles fell a total of 31 percent while commercial vehicles dropped 51 percent. [...]
Here is a friendly reminder from Kelly Blue Book today. Isuzu will stop selling its remaining to models, the i-Series pickup and the Ascender SUV on January 31, 2009. The automaker will be completely pulling out of the North American market after selling only 7,098 units of its GM-based vehicles last year. In order not to [...]
Hyundai Motor American announced today that it is teaming up with Walkaway USA, LLC to offer its customers a unique financial protection during a period of an uncertain economic environment. The “Hyundai Assurance Program,” which starts today, will allow customers to return their Hyundai if they can no longer afford to make the payments. Hyundai [...]
Confirming previous reports, Porsche said today that it will hold the world debut for its new four-door Panamera at the 2009 Shanghai Auto Show on April 19th with sales to begin in late summer. Porsche has yet to provide concrete technical details but said it will be offer the Panamera with “V-engines with either six [...]
Earlier this year, Hyundai released a teaser image for the upcoming next-generation Equus, a large luxury sedan that was sold in South Korea, Europe, China and the Middle East. Today, the Korean automaker has released official sketches of the 2010 Hyundai Equus. The Hyundai Equus is expected to make its official debut in February 2009. [...]
At a time where SUVs are facing sluggish sales and hatred from treehuggers all over the world, BMW is not slowing down development on its SACs or SAVs (or whatever the German automaker wants to call SUVs). Just days after it released the video of the BMW X5 M, BMW today dropped footage of the X6 M. [...]
Mercedes-Benz is considering ending a suit that claims a Chinese-made car, that is set to go on sale in Europe in mid-January, looks too much like its Smart ForTwo. According to Automotive News Europe, the Shuanghuan Bubble could go on sale later this month as lawyers from Mercedes-Benz and the Chinese car’s Italian importer Martin [...]
At last year’s Detroit Auto Show, Chrysler threw a major press event outside Cobo center for the launch if it’s 2009 Dodge Ram pickup. Now, a year later, Chrysler is going to try something different and will show off the latest versions of the three electric vehicles it unveiled in September. In September, Chrysler showed a [...]
