Even though Chrysler is going through a very hard financial time, Hurst Performance Vehicles said yesterday that it has opened the doors of its new California Performance Center in Irvine. The new 50,000 sq-ft complex will provide space for 60 employees that will hand build the many tuning stages of the 2009 Hurst/Hemi Dodge Challenger. Hurst [...]
Chrysler LLC says that its suppliers are at a risk of financial collapse within “days if not weeks.” Scott Garberding, Chrysler’s chief procurement officer told Automotive News that the supplier liquidity problem is “becoming more significant by the day”. “We’ve been having multiple instances arise each week for the last few weeks where we’ve had [...]
A reader of our friends at WorldCarFans spotted the new Opel Insignia hanging out in Michigan. Sources have recently reported that the Opel Insignia, originally scheduled to arrive in the U.S. as a Saturn Aura, will now come here as the 2010 Buick Regal sedan. Following that it was reported GM also considered the Insignia [...]
We’ve seen a lot of the Electric Green 2009 Ford Focus RS. So much so, that we forgot that the high-performance hatchback is available in two other exterior color options – Frozen White and Electric Blue. Well lucky for us (mostly you) Ford has unveiled a new batch of 2009 Focus RS images that show [...]
Ford will be celebrating the 45th anniversary of the Mustang by auctioning the first 2010 Ford Shelby GT500 along with a pair of Mustang GT concepts at the Barrett-Jackson Palm Beach Collector Car Auction on April 9. All the money that the cars bring in above the MSRP will be donated to The Carroll Shelby [...]
FoMoCo CEO Alan Mulally was awarded stock options for 5 million shares last week, reports Automotive News. However, Mulally will not be able to take advantage of the options until Ford’s stock price substantially improves. Ford reported the round of options to the Securities and Exchange Commission on Friday but said that it won’t report the [...]
While we wait on the official details and images of the 2010 Kia Sorento, another batch of images of the new Kia crossover have been leaked on the Internet. The new shots come from a catalogue photo shoot and give us our first look at the 2010 Sorento in all its glory. It is rumored [...]
The new BMW X5 M and the BMW X6 M will make their world debut on April 4th. However, with the launch date just days away, BMW seems to be easing up on keeping the two behemoths under the wraps. The RTL II Grip magazine had the chance to join BMW on exclusive test drive of [...]
Steven Rattner, the U.S. Treasury’s main advisor when it comes to the automotive industry, said today that Obama’s auto task force is avoiding bankruptcy as an option for GM and Chrysler. The news comes just days after the auto task force hired bankruptcy lawyer Matthew Feldman to advise it on its options. “Bankruptcy is not our [...]
If you were with us earlier this morning than you know that GM is celebrating the launch of the new 2010 Chevrolet Camaro today. Ed Peper, GM’s North America Vice President for Chevrolet, just blogged about his excitement for over at GM’s FastLane Blog. Besides flaunting the fuel-economy details that we posted earlier this morning, Peper [...]
