Archive | March, 2009
GM already working on second, third-generation Volt, hopes to reduce pricing

GM already working on second, third-generation Volt, hopes to reduce pricing

It has been reported for some time now that when the 2011 Chevrolet Volt hits markets in November 2010, the price tag could come in the neighborhood of $40,000. While the plug-in hybrid is still more than a year away from going on sale, GM said it is already working on the second and third [...]

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Spkyer owner survives assassination attack

Spkyer owner survives assassination attack

According to AutoCar, the Russian owner of Dutch supercar maker Spyker has survived a serious assassination attempt in Moscow. Alexander Antonov, a major financier of Spyker, was attacked while he was leaving his house. Reports say that Antonov was shot 18 times with five bullets hitting him the stomach, one in the chest and another shot [...]

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BMW CEO warns that company could lose money in 2009

BMW CEO warns that company could lose money in 2009

BMW CEO Norbert Reithofer said today that the automaker could lose money this year if the current global sales downturn continues. Reithofer declined to give any earnings outlook for the full year but said that it expects global auto sales to decline between 10 and 20 percent. “For 2009, the largest risk is the collapsing market. [...]

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Transition Roadable Aircraft Proof of Concept: “Flying car” takes first flight

Transition Roadable Aircraft Proof of Concept: “Flying car” takes first flight

Terrafugia announced today that its Transition Roadable Aircraft Proof of Concept took its first flight. Known as the “flying car,” the Transition is a two-seater aircraft designed for flight and road travel. Transformation from plane to a road car takes less than 30 seconds. Terrafugia says that the Transition is able to travel up to [...]

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2010 Porsche Panamera gets automatic start/stop and other technologies

2010 Porsche Panamera gets automatic start/stop and other technologies

Porsche today announced that it will hold the world premier of the 2010 Panamera at the 2009 Shanghai Motor Show on April 19. The Stuttgart sports car manufacturer also revealed a few more technical details of the Panamera. Porsche said that some of the innovative technologies in the 2010 Panamera feature the “first automatic engine [...]

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Toyota working on Honda CR-Z rival: MR2 to return as Prius based coupe

Toyota working on Honda CR-Z rival: MR2 to return as Prius based coupe

Honda is really scaring the pants off of Toyota executives with their new 2010 Honda Insight Hybrid and their ambitious target of selling 400,000 hybrids by 2012. However, Toyota is not about to give up any time soon. It was recently reported that Toyota is working on a cheaper hybrid that it will aim at the [...]

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2010 Lincoln MKZ pricing starts at $34,965

2010 Lincoln MKZ pricing starts at $34,965

Ford today revealed the pricing on the 2010 Lincoln MKZ. The Dearborn automaker says that the new Lincoln MKZ now comes with “more standard luxury features compared to other midsize luxury sedans, such as the Lexus ES350 and Cadillac CTS.” Pricing for the front-wheel-drive 2010 Lincoln MKZ starts at $34,965 including destination and delivery charged. [...]

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Scion to unveil micro-subcompact in New York next month

Scion to unveil micro-subcompact in New York next month

Scion announced today that it will unveil a micro-subcompact concept car at the 2009 New York Auto Show next week that will reflect a “youthful image and represents a new segment for the brand aimed toward the growing urbanization trend.” The car is expected to be badged as the tD and may be a Scion [...]

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2010 Roush 427RT Mustang unveiled with 435-hp

2010 Roush 427RT Mustang unveiled with 435-hp

It took Roush just 11 months to complete its latest creation based on the 2010 Ford Mustang and after 11 months of impatient waiting, Roush has taken the wraps off of its 427RT Mustang. Under the hood is a Ford 4.3L V8 that has been supercharged to produce a total of 435-hp. That gives the [...]

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Production Nissan Qazana will look a lot like the concept

Production Nissan Qazana will look a lot like the concept

Usually, most production cars never end up looking like what they did in their concept form. But when it comes to the Qazana crossover concept seen in Geneva this month, Nissan insider say that people will be ‘shocked’ by how similar the production car will be to the concept. While it may seem a bit [...]

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