The production 2010 Cadillac CTS Coupe was scheduled to make its debut at the 2008 LA Auto Show after which it was delayed until the 2009 Detroit Auto Show. Well, both auto shows have come and gone and GM has yet to release the much anticipated model. According to Joanne Krell, a GM spokeswoman that [...]
Ford is still alive and pumping. According to FoMoCo CEO Alan Mulally, the company has enough liquidity to fund its restructuring plan and despite the fall in auto sales still sees no need to ask the government for loans. “We don’t want to borrow any more money. We have sufficient liquidity to fund our transformation [...]
Keeping a promise he made during his campaign, President Barack Obama will overturn former President George W. Bush’s climate change policies on Monday with steps to raise fuel-efficiency standards and grant states the authority to set the limits. According to an administration official, Obama will also ask the EPA to reconsider a request by California to [...]
You know the routine by now. It’s Sunday and that means it’s time for our “This Week in Photos” post. This week check out photos of the new SMS 570 Challenger, MINI One Clubman, 2010 Mercedes-Benz E-Class AMG Sports Package, new shots of the 2011 Chevrolet Volt, Carlsson SL CK63, RS 2009 Porsche GT3 RSR [...]
Doolan, a Fisker Automotive board member, said that the company is looking for forty U.S. dealers to sell the company’s new 2010 Karma plug-in hybrd sedan. The 2010 Fisker Karma will go on sale next year with prices starting at $87,900. “We are trying to leverage what is in place today by selecting retailers who [...]
America’s favorite automotive CEO Bob Nardelli (okay there’s some sarcasm there) confirmed today that the automaker is working on the next-generation Dodge Durango – which was discontinued last year after Chrysler closed the Newark, Del., plant where it made the Durango and the Chrysler Aspen. Nardelli confirmed plans in a letter sent out to Chrysler [...]
FoMoCo has already announced that its Volvo division is under ‘strategic review.’ According to sources familiar with the matter, Ford will begin seeking buyers for the Swedish luxury brand in Feb. with expectations to get bids from Chinese automakers. Ford will send out sales documents to potential buyers in the middle of February. Ford, which [...]
Word on the street is that Jaguar is working on a new supercar. According to AutoExpress, Jaguar is hard at work on an all-new all-aluminum, 503-hp speedster called the XE. The car will become Jaguar’s new halo car with a 5.0L supercharged from the 2010 XFR. Jaguar has denied the report but AutoExpress says to keep [...]
The folks at autoblog.nl have gotten their hands on what seems to be the first images of the 2010 Mercedes-Benz E-Class Coupe – a replacement for the CLK. The E-Class Coupe will replace the current CLK in mid-2009 to compete with the Audi A5. A convertible verson is expected to follow in 2010. It is [...]
Barack Obama’s stimulus package is on track and Michigan’s congressional delegation has asked the new President to add $25 billion in low-interest loans for automakers and parts suppliers. In a letter to Obama, lawmakers also lobbied to keep $1 billion in grants and $3.3 billion in loans for battery development for electric and hybrid vehicles. [...]
