Archive | February, 2009
Porsche Panamera pricing to start at $89,800

Porsche Panamera pricing to start at $89,800

Yesterday, Porsche released interior images of the 2010 Panamera. In its U.S. spec press release, Porsche also revealed U.S. pricing details of the new Panamera which will go on sale with three model variants on Oct. 17, 2009. Pricing will start at $89,800 for the Panamera S which carries a 4.8L V8 that produces 400-hp. 0 to [...]

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Toyota cutting U.S. production and executive compensation

Toyota cutting U.S. production and executive compensation

Toyota Motor Corp. announced today that it will be further cutting North American production, reducing executive compensation and will offer buyouts to some 18,000 workers. The move comes as Toyota reacts to a sluggish U.S. auto market. Toyota said that it will cut production at some U.S. plants in April from two to eight days depending on [...]

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Volkswagen to team up with Toshiba to develop electric-powetrains

Volkswagen to team up with Toshiba to develop electric-powetrains

Volkswagen AG and Toshiba Corporation have signed a “letter of intent” in Wolfsburg with an objective to cooperate on the development of electric drive units to power Volkswagen’s planned “New Small Family” – a phrase used by Volkswagen CEO Martin Winterkorn for the prodction Up! concepts. “Volkswagen is forging ahead with the development of future [...]

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Nissan and Chrysler postpone vehicle sharing, next Titan and small-car delayed

Nissan and Chrysler postpone vehicle sharing, next Titan and small-car delayed

The horrible economic conditions seemed to have found their way to two Nissan and Chrysler joint venture projects. The two automakers said that they have postponed plans to share a North American built small-car and a full-sized pickup. That means at least for now, there is a hold on the new Nissan Titian which would have been [...]

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BREAKING: BMW Concept 5-Series Gran Turismo Unveiled

BREAKING: BMW Concept 5-Series Gran Turismo Unveiled

Live pictures of the BMW Concept 5-Series Gran Turismo (also known as the PAS or Progressive Activity Sedan) have been leaked on the internet. The pictures seem to have been taken at a European event for the new BMW Concept. We expect all the official details and images to be revealed very shortly so stay tuned. The BMW Concept 5-Series Gran [...]

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Mitsubishi pulls out of the 2009 Frankfurt Motor Show

Mitsubishi pulls out of the 2009 Frankfurt Motor Show

2009 doesn’t seem like the year for auto shows for Mitsubishi. After being a no show at the 2009 Detroit Auto Show, Mitsubishi announced that it has pulled out of the 2009 Frankfurt Motor Show as it faces “extraordinary business and financial challenges.” According to Automotive News, Mitsubishi said that it will only have presence [...]

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Report: Mazda working on next-generation RX-7

Report: Mazda working on next-generation RX-7

Those of you that are still depressed over the cancellation of the Honda S2000 and the Acura/Honda NSX, there is some good new coming out of Japan today. Mazda sources have told Inside Line that a new Mazda RX-7 is in the works along with a new Mazda RX-8 which is expected to be rebadged as [...]

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Report: GM has two potential buyers for Hummer

Report: GM has two potential buyers for Hummer

Just days before General Motors heads to Washington, D.C. to present its updated restructuring plan to the U.S. Department of Treasury, ‘sources’ have reported that the automaker is talks with two potential buyers of the Hummer brand. Insiders familiar with the matter say that the two buyers include a private-equity firm and a Chinese company. [...]

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First Audi R8 5.2 V10 and Ferrari California to be auctioned off at Boca

First Audi R8 5.2 V10 and Ferrari California to be auctioned off at Boca

While the 2010 Audi R8 5.2 V10 FSI isn’t confirmed to come to the stateside, the first unit of the car will be auctioned off at the Boca Raton Concours d’ Elegance. The new V10 powered R8 will be joined by the first unit of the Ferrari California (for the U.S. at least). Despite the [...]

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Welcome to eGMCarTech v2.0

Welcome to eGMCarTech v2.0

So you probably noticed that things are looking a bit different around here (get out of your RSS Reader and visit the site). We’ve redesigned (for the first time ever) and unveiled the new 2009 model year of eGMCarTech. The new interface is more user friendly and appealing than our old model. We’ve tried to keep [...]

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