Archive | March, 2009
Video: Alfa Romeo MiTo GTA Concept in action

Video: Alfa Romeo MiTo GTA Concept in action

We saw the new Alfa Romeo MiTo GTA Concept at the 2009 Geneva Motor Show last week and now Alfa has dropped a very fun and impressive promotional video of the high-performance hatchback in action. Power for the MiTo GTA Concept comes from a 1.76 turbocharged 4-cylinder unit making 240-hp. 0 to 60 and top [...]

Continue Reading
Marchionne: I will fight like hell to keep Fiat profitable in 2009

Marchionne: I will fight like hell to keep Fiat profitable in 2009

While many auto manufacturer CEOs are admitting that their companies will report a loss for 2009, Fiat’s CEO Sergio Marchionne says he will “fight like hell” to make sure his company makes money in what is said to be the worst year for the auto industry in decades. “I think the first duty of a [...]

Continue Reading

Video: All-electric 2009 ZR1 Chevrolet Corvette

It has come to this. We came across this video on YouTube and thought you might like to check it out. Video description: “With General Motors hanging on by its fingernails and oil prices as unstable as the whole world’s economy, maybe this will be the ‘stimulus’ to return GM to profitability! How about an [...]

Continue Reading
GM executives from Detroit and Europe to meet with European lawmakers Friday

GM executives from Detroit and Europe to meet with European lawmakers Friday

Executives from General Motors in Detroit and Europe will be meeting with European lawmakers Friday. “We have invited for next Friday the highest representatives from General Motors Europe and Detroit. We hope that the Chief Operating Officer from Detroit will be coming,” Commission spokesman Ton van Lierop said. Lierop said that the industry and economy ministers [...]

Continue Reading
Recession hitting the rich? Seven Lamborghini Reventon units up for sale

Recession hitting the rich? Seven Lamborghini Reventon units up for sale

Whether it’s due to the economic global crisis or people just got bored of them (we highly doubt it’s the latter) – seven out of the limited twenty Lamborghini Reventon units build last year are up for sale on JamesList.com. Prices are set between £1,148,000 ($1,575,624 USD) and £1,450,000 ($1,990,118 USD) – more than the [...]

Continue Reading
Pink Volkswagen Beetle presented to Barbie on her 50th birthday

Pink Volkswagen Beetle presented to Barbie on her 50th birthday

Barbie is one lucky girl… or toy. Following her gift pink 500 gift from Fiat, Volkswagen has presented Barbie with a pink new Beetle convertible for her 50th Birthday. The life-size version of the pink Malibu Barbie New Beetle convertible made its debut at Barbi’s Malibu Dream House birthday party celebration. Volkswagen teamed up with [...]

Continue Reading
2009 New York Auto Show: 2009 World Car of the Year finalists announced

2009 New York Auto Show: 2009 World Car of the Year finalists announced

The 2009 New York Auto Show is just around the corner and the 2009 World Car of the Year finalists have been announced. Picked from an initial list of 51 new vehicles from all over the world, the top three contenders for the 2009 World Car title include the Ford Fiesta, Toyota iQ and the [...]

Continue Reading
Toyota named best brand in Japan, Honda comes in second

Toyota named best brand in Japan, Honda comes in second

Toyota took the best brand name title in Japan in a new marketing survey. The Japanese automaker beat out domestic companies such as Sony, Toshiba and Panasonic. Other Japanese automakers including Lexus, Nissan and Honda also made into the top 10 best brands list put together by consulting firm Interbrand Corp. According to Automotive News, the [...]

Continue Reading
Audi reports profit in 2008, warns 2009 is going to be bad

Audi reports profit in 2008, warns 2009 is going to be bad

Audi announced that its sales and operating profits were up in 2008, but warned that 2009 may be the worst year ever for the company due to the economic downturn. “2009 will probably be the most difficult year in the history of the automotive industry,” Audi said in its annual report published today. “There remains [...]

Continue Reading
2010 Honda Insight pricing starts just under $20,000

2010 Honda Insight pricing starts just under $20,000

Honda has finally announced the pricing details on the new 2010 Honda Insight Hybrid. As most of you already know, power comes from a 1.3L i-VTEC engine mated to a 10-kw electric motor allowing for an EPA estimated fuel-economy of 40/43 mpg (city/highway). The 2010 Insight will be available in three trim levels including LX, [...]

Continue Reading