Suppliers have asked the U.S. Treasury Department for up to $20.5 billion in federal aid to survive the worst industry downturn in years. Suppliers made their request to the Treasury through the Motor & Equipment Manufacturers Association. Neil De Koker (pictured above), president of the Original Equipment Suppliers Association, said that suppliers are asking for $10 billion [...]
Last night, while all of us were drooling over images and the sound of the new 510-hp Aston Martin V12 Vantage, our friends at AutoBlog were talking to the U.S. Aston team figuring out the stateside availability of the most aggressive Vantage ever built. Unfortunately, they found out that the V12 Vantage won’t make it [...]
We hardly ever write about motorcycle here but we’ll make an exception here. Mission Motors, a company based in San Francisco, California, has unveiled the world’s fastest production all-electric motorcycle. Think of them like the Tesla Motors of the motorcycle world. Power for the all-electric motorcycle comes from a lithium-ion battery pack mated to an electric [...]
BMW said today that both of their new Advanced Diesel models with BluePerformance technology qualify for an IRS Advanced Lean Burn Technology Motor Vehicle Tax Credit. Buyers of the new 2009 BMW 335d BluePerformance will qualify for a tax credit of up to $900 while those interested in the 2009 X5 xDrive35d BluePerformance will qualify [...]
Mitsubishi announced today that it will withdraw from the Dakar Rally, the Dakar Series and all cross-country rallies due to the deterioration in the global economy. Mitsubishi said that the move was necessary for the company to focus its resources more tightly. Mitsubishi Motors won the rally a total of 12 times in its 26 entries [...]
Mazda released the first details and images of the new 2010 Mazda3 MPS (Mazdaspeed3 to us here on the stateside) yesterday prior to the hatchbacks debut at the 2009 Geneva Motor Show. We now have a short and very thrilling teaser for the 2010 Mazdaspeed3 / Mazda3 MPS from Mazda. Power for the 2010 Mazda3 MPS will [...]
Following BMW M GmbH report of a 50 percent increase in 2008, Mercedes-AMG GmbH has announced that its 2008 sales were up 19 percent worldwide – making it the high-performance brands most successful year in its company history. Mercedes-AMG GmbH sold a total of 24,200 vehicles in 2008 despite the difficult economic conditions. The USA [...]
We knew we should have gone to the Washington D.C. Auto Show – former General and Secretary of State Colin Powell was spotted spending a great deal of his time at the Fisker Automotive display checking out the Fisker Karma. Who knows? Maybe Powell will be one of the first lucky owners of the Fisker [...]
Earlier this year Hyundai released the exterior sketches of its upcoming 2010 Equus large luxury-sedan. Today we see the interior of the upcoming Equus that will be sold in the South Korean, European, Chinese and the Middle Eastern markets later this year. Power for the 2010 Hyundai Equus is expected to come from a 5.0L TAU [...]
n2a Motors has released a new round of pictures of their Anteros coupe and roadster that were shown at the 2008 LA Auto Show last year. The n2a Motors Anteros is based on the 2009 Corvette and basically provides us with a look at what the Italian version of the ‘Vette would be like. The n2a [...]
