Archive | February, 2009
Obama’s auto team is starting to take shape

Obama’s auto team is starting to take shape

Obama’s auto team has started taking shape. Nothing is official as of yet but sources close to the matter say that Stephen Girsky, a long time auto industry analyst, is the leading candidate to become the ‘car czar’s’ right hand man. Grisky, who is the boss of private-equity firm Centerbridge Industrial Partners has been a former General [...]

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Video: BMW X1 Prototype goes dashing through the snow

Video: BMW X1 Prototype goes dashing through the snow

With Bangle gone, BMW continues work on the X1 very-compact SUV. Of course, we’re guessing that design was finalized before Bangle’s departure so you expect the production model to look very similar to the concept unveiled at the 2008 Paris Motor Show. BMW has just released a video of the X1 prototype undergoing some cold-weather [...]

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Get ready for that test-drive: Senate approves tax break for auto loan interest

Get ready for that test-drive: Senate approves tax break for auto loan interest

You are one step closer to having your auto loans be tax deductible for the first time since 1986. The U.S. Senate yesterday voted to make loan interest and sales taxes on vehicle purchases deductible from federal income taxes. The proposal was brought forward by the National Automobile Dealers Association and was added to the economic stimulus bill. [...]

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Aston Martin V12 Vantage coming to Geneva in March (with video)

Aston Martin V12 Vantage coming to Geneva in March (with video)

Updated: High-res image gallery added after the jump. Aston Martin has released pictures and details of its new V12 Vantage prior to its 2009 Geneva Motor Show debut. Aston Martin says that the V12 Vantage is the fastest most agile Vantage ever produced by the company with a striking appearance and everyday usability. The new [...]

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Chrysler has three offers for its Dodge Viper business

Chrysler has three offers for its Dodge Viper business

Following its announcement of a 55 percent decrease in January 2009 sales, Chrysler LLC’s co-President Jim Press said that the company has had three offers to buy its Dodge Viper sports car business. Chrysler announced plans to sell Viper back in August 2008. Sale of the Viper business has become an important part of the [...]

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Honda Motor Co., reports 30.7% decline in January ’09 sales

Honda Motor Co., reports 30.7% decline in January ’09 sales

American Honda Motor Co., reported January 2009 total vehicle sales of 71,031, a decline of 30.7 percent compared to January 2008. The Honda Division reported January sales of 63,175, down 30.5 percent while the Acura Division reported sales of 7,856, down 32.4 percent. “Two models posted gains, but we are still facing unprecedented times in [...]

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Chrysler sales down 55% in Jan. 2009, Employee Pricing Plus Plus to continue through Feb.

Chrysler sales down 55% in Jan. 2009, Employee Pricing Plus Plus to continue through Feb.

Chrysler had it worst out of all the Detroit Big 3 automakers in January 2009 sales. The Auburn Hills automaker reported January 2009 U.S. sales of 62,157, down 55 percent as compared to the same month a year ago and 31 percent down from December 2008. Chrysler finished the month off with 359,980 units of inventory, [...]

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Mitsubishi Lancer Evolution production goes on break for 2009

Mitsubishi Lancer Evolution production goes on break for 2009

Following GM’s decision to not offer a 2009 Saturn Astra, Mitsubishi spokeswomen Christine Jew said the high-performance Mitsubishi Lancer Evolution sedan will take a break for 2009. Jew said that there were no changes planned for a 2009 Evolution Lancer and that there is enough inventory to last until the 2010 model is released until [...]

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Make your own Hyundai Genesis Coupe ‘Epic Lap’ video at EditYourOwn.com

Make your own Hyundai Genesis Coupe ‘Epic Lap’ video at EditYourOwn.com

If you were as excited as us when watching Hyundai’s Epic Lap commercial this weekend during Super Bowl XLIII you may want to create your own. Well now you can over at EditYourOwn.com. Hyundai is offering consumers an opportunity to edit their own version of “The Epic Lap”, which they can then post to social networking [...]

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Video: Garage419 turns Audi A6 3.0T into a lobster transporter

Video: Garage419 turns Audi A6 3.0T into a lobster transporter

Leave it up to the Garage419 team to come up with the weirdest ideas we’ve seen when testing the abilities of a car. The guys that put the Nissan GT-R against a modified Hertz rental Corvette are now back with Jason Statham’s Audi A6 3.0T – and instead of transporting some top-secret documents, host Matt [...]

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