According to sources familiar with the situation, top officials at Chrysler Financial turned down $750 million in government loans because executives wouldn’t subject to federal limits on salaries. Sources said that the government was offering the loan earlier this month to help boost leasing and financing for new Chrysler customers. It is reported the Chrysler [...]
Honda, Nissan and Mitsubishi have already cancelled their presence at the 2009 Frankfurt Motor Show in September. Today, GM said today that its Chevrolet brand will also pull out of the Sept. show in Frankfurt. “Chevrolet is not going to have a stand at Frankfurt,” Marc Kempe, Chevrolet Europe’s communications director, told Automotive News. Kempe [...]
Since we didn’t have enough time to bring you pictures of the booth professionals at the 2009 New York Auto Show, we thought we’d make it up by bringing you photos of the ladies at the 2009 Shanghai Motor Show that is going on right now. We’re just hoping that the Shanghai ladies won’t face [...]
Participants from a recent Lexus IS-F event confirmed that the harder, lightweight IS-F Evolution will make its debut in the summer of 2010 with prices starting around $250,000. Sources say that the IS-F has gone through a serious weight-reduction program with extensive use of carbon-fiber. Total weight has been reduced by 308 pounds for a [...]
So you’ve seen many press photos of the 2010 Porsche Panamera. Well, now the Panamera has made its first auto show premiere and we have all the live shots for you to drool (or get disgusted over – depending on how you feel about Porsche’s four-door). Sales of the 2010 Porsche Panamera will begin Oct [...]
Ford announced the pricing for its 2010 Ford F-150 SVT Raptor during a meeting at the Terrible’s 250 off-road race. Pricing will officially start at $38,995 for the 5.4L V8 model. The 6.2L V8 model will go on sale later this winter with prices starting at $41,995. Buyers will have the option to pick from [...]
Porsche says that it is actively considering using smaller, supercharged engines in its product lineup in an effort to lower CO2 emissions. “There is a clear trend towards downsizing, using smaller engines and supercharging. We will find our own conclusion to downsizing,” Porsche’s sales and marketing boss Klaus Bening told Autocar at the Shanghai Motor [...]
The slightly facelifted 2010 Audi Q7 has made its world premiere at the 2009 Shanghai Motor Show today. Look closely and you’ll see a slightly redesigned front end with new LED headlamps, chrome trims, new wheel designs and an updated front and rear bumper. The U.S. will get a 3.6L FSI V6 and the 4.2L [...]
Brilliance, BMW’s Chinese partner showed off its EV concept car at the 2009 Shanghai Motor Show hinting at a future electric-vehicle for China. The Brilliance EV is equipped with two-electric motors that are powered by a set of lithium-ion batteries. The first electric motor provides the Brilliance EV with 30-hp and the ability to travel [...]
Ford said that its new Fiesta outsold the Volkswagen Golf to become Europe’s most popular selling model in the month of March. According to Automotive News, sales were boosted by incentives allowing the Fiesta to have its best March in Germany since 1998. In Italy, the Fiesta rose from no.3 to the no.2 spot in the list [...]
