While Porsche will be showing off its Cayenne Diesel at the 2009 Geneva Motor Show next week, TechArt will be on hand showing off a body kit for the new fuel-sipping SUV. The TechArt Aerokit I for the Porsche Cayenne Diesel consists of a new front spoiler with an integrated headlight unit, side sill panels, [...]
GM has said that it is cutting North American marketing spending by $800 million in 2009. The move is expected to trickle down into sponsorship money for the upcoming Paramount sequel Transformers: Revenge of the Fallen – which hits theaters this summer. The first Transformers drummed up a lot of interest for the 2010 Chevrolet [...]
Warning: This may anger some of you that don’t support the automotive industry bailout. According to Reuters, auto financier GMAC awarded its CEO Alvaro de Molina $11.62 million of compensation in 2008. GMAC received $6 billion in federal bailout in December. The $11.62 compensation doubles de Molina’s compensation in 2007. He received a $1.2 million salary, [...]
Celebrating VX Racing”s success in the 2008 British Touring Car Championship, Vauxhall has unveiled two limited-edition models based on the Corsa and the Astra VXR. Both the Corsa and Astra VX Racing Editions will have a combined production run of 888 cars, a number that coincides with Vauxhall’s race experts, Triple Eight Engineering. Triple Eight [...]
Magna Steyr, an automobile manufacturer based in Oberwaltersdorf, Austria, will be rolling into the 2009 Geneva Motor Show with a new electric-car concept that it says is built on a “flexible platform.” Known as the Mila EV, the concept is not intended for production, but Magna is hoping to attract customers that may be interested [...]
About two days ago we brought you a video of retired John Heinricy taking the 2009 Corvette ZR1 with a Hennessey ZR700 package around a track. At first we thought the former head of GM’s Performance Division was just having some fun while feeding his need for speed. Well, it seems like Heinricy and Hennessey [...]
Following a 4-hour meeting with Chrysler executives on Wednesday and a 6-hour session with GM executives, Obama’s auto task force today met with executives from FoMoCo for a total of 2-hours. Rattner and Bloom, advisers to the U.S. Department of Treasury, met with Ford’s team led by the company’s CFO Lewis Booth. “Ford is in [...]
Joining the Daytona 500 Chevrolet Camaro Pace Car, the Indianapolis Motor Speedway announced today that the 2010 Chevrolet Camaro will pace the 93rd Indy 500 on May 24, 2009. The 2009 edition marks the fifth time that the Chevrolet Camaro has been selected to pace the Indy 500. It will also be the 44th time [...]
After some 15,000 thousand workers rallied outside Opel’s Ruesselsheim headquarters, GM said it has decided to spin off its German unit and needs 3.3 billion euros ($4.2 billion) in state aid to avoid major job cuts. Carl-Peter Forester, GM Europe President, said that a spin off mean that Opel would remain linked to General Motors while [...]
After the teasers and the sketches, Alpina has finally released a couple of details and images of the new 2009 BMW Alpina B7 Bi-Turbo that will make its world debut at the 2009 Geneva Motor Show next week. So far all you 7-Series fan that are disappointed by the lack of an ‘M’ badge on [...]
