When the Volkswagen Polo comes to the United States in 2011, it will look a little different than its European cousin. Volkswagen Group of America CEO Stefan Jacoby says that the U.S. market will get a sedan version of the Polo that will be smaller than the Jetta and a 4-door hatchback that is roomier [...]
Chrysler’s Chief Financial Officer, Ron Kolka, told The Associated Press that the company could face another shortage in cash in July as it shuts down factories for two weeks to change from one model year to the next. How? Automakers book revenue for a vehicle once it leaves the factory and heads over to a [...]
As the Ford Fiesta enjoys being the best-selling Ford model with a total of 89,000 units sold since its August 2008, Ford of Europe yesterday announced further production cuts as it faces a sharp decline in demand. “Ford of Europe must return to sustainable profitability as soon as possible. We will do whatever it takes [...]
If you’re a daily eGMCarTech reader you know the routine by now. It’s Sunday and it’s time for our “Week in Photos” post. This week check out images of the 2010 Kia Sorento, 2009 Mercedes-Benz McLaren SLR Stirling Moss, Mansory Porsche Cayenne 955, Aston Martin One-77 interior sketches, Ronn Motor Scorpion and the Lamborghini Murcielago LP 650-4 [...]
While we were just browsing the internet (actually TIME.com is our home page) we came across the 10 Questions section on TIME Magazine’s website. This time in the hot seat is Ford CEO, Alan Mulally. As GM and Chrysler fight for their lives, Ford Motor Company has opted not to ask our government for a [...]
According to a press release by New York law firm Willkie Farr & Gallagher LLP, President Obama’s auto task force has hired bankruptcy lawyer Matthew Feldman to advise it on its options. The firm said that Feldman will be responsible for advising the U.S. Treasury Secretary Timothy Geithner and the National Economic Council Lawrence Summers on “reorganization [...]
There is no doubt that the 2010 Hyundai Genesis Coupe has been one of the most-anticipated cars to hit U.S. dealerships this year. The Hyundai Genesis Coupe is available with a 210-hp 2.0L turbocharged 4-cylinder and a 306-hp 3.8L V6 with prices starting at $22,000 and $25,000 respectively. According to Hyundai USA CEO John Krafcik, sales [...]
Earlier this year AutoCar revealed that BMW was working on supercar that will showcase the company’s EfficientDynamics fuel-saving technologies. The car, which is known as the Z10 ED, is going into production and will be turned into a front-engined, rear-wheel-drive, £80,000 Audi R8 rival. We’re guessing you don’t believe us just it. Rumor has it [...]
Usually when German automakers release pricing information on a new model they released it for the European market first followed by the U.S. market. However, in the case of the 2010 Porsche Panamera, the Stuttgart based sports car maker decided to release U.S. pricing for the Panamera first. Porsche has just release pricing details for [...]
The 2010 Hyundai Equus was just unveiled (or leaked – who knows?) earlier last month. Well, it seems like the large-luxury sedan from Hyundai is already out and about in Dubai. The latest shots from Gulf4Cars, shows us our first look at the Hyundai Equus in real life. While it’s not confirmed, engine choices for [...]
