While your everyday traditional automakers are closing down their facilities due to the current economic conditions, Norwegian electric-car maker Think (aka Th!nk) said today that it plans on opening a new manufacturing plant in the United States. Think said that the new facility will employ about 300 workers and will have an initial capacity of [...]
In November 2008, Lamborghini Orange County, the world”s largest Lamborghini dealer, closed its doors but no one had any idea why. According to owner Vik Keuylian the dealership sold about 10 percent of all the 2,400 Lamborghini models that are allocated around the world each year. While many thought it may have been the bad economy [...]
According to a report by Nikkei business daily, Toyota is planning to produce a new low-price hybrid aimed at Honda’s Insight that was recently launched in Japan with prices starting under 1.80 million yen (under $19,000 USD). Honda said that 18,000 units of the Insight were ordered during its first month of sales, which is [...]
Weight reduction is now a major part of the game when putting a vehicle through the development process – especially for the high-performance vehicles. The current Audi S5 coupe weighs in at a hefty 3,800 pounds and the recently unveiled 2010 Audi S5 Cabriolet weighs in even heavier at 4,300. And while the 2010 S4 and 2010 [...]
General Motors CEO Rick Wagoner was one of the corporate executives who attended a meeting today with President Barack Obama. During a Business Roundtable discussion, Obama told the leaders of top American companies to “support policies that end the cycle of economic boom-and-bust.” According to Automotive News, in an offhand comment, Obama told the executives [...]
According to a report by German publication Automobilwoche, the next-generation Audi R8 will be heading the market in 2010. An Audi spokesman told the publication that the next-generation model will use the ASF II, the second generation of Audi’s Aluminum Space Frame. The spokesman said that the next-generation Audi A8 will initially be offered with [...]
Earlier this morning General Motors said that it will not be needing the $2 billion of funding that the Detroit automaker asked for in its February 17th viability plan. GM has just released a video of its Chief Financial Officer Ray Young clearing up the matter for us and letting us know what has changed [...]
We first saw the Volkswagen Concept BlueSport concept at the 2009 Detroit Auto Show in January. While a production version of the roadster will arrive in showrooms in early 2011, Volkswagen is reportedly working on a range of green sports cars that will carry a BlueSport badge. According to r&d chief Dr. Ulrich Hackenberg, the [...]
The six-generation of the Golf GTI will go on sale in Europe later this summer followed by the North American market debut in October 2009. However, if you’re the patient kind, Volkswagen is reportedly working on an even harder and faster Golf GTI for European launch in fall 2009 (no word on a North American debut). According to [...]
There is no question that the Lagonda Concept received a very “awkward” acceptance at the 2009 Geneva Motor Show. Even with the Mercedes-Benz GL underpinnings, Aston Martin came up with concept that resembled an SUV and while we don’t want to say it and should keep our opinions to ourselves (since we’re journalists just reporting [...]
