Archive for April, 2009
Live Blogging: Obama announces Chrysler/Fiat partnership, Chrysler will go into short surgical bankruptcy
Today is April 30th, the government-imposed deadline for Chrysler to show that it can be a viable automaker. Early reports are saying that Chrysler is going to file for a “short surgical bankruptcy” to avoid liquidation. The bankruptcy is expected to last 30 to 60 days. Apparently, some lenders refused a U.S. Treasury Department demand to reduce [...]
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GM bondholders seeking majority stake in return for forgiving debt
GM’s debt holders will offer a counter proposal to the struggling automaker’s debt restructuring plan today to the Obama auto task force at 1 pm.
According to CNNMoney, the Ad Hoc Committee, which represents about 20 percent of GM’s bondholders, will propose that GM should offer new stock giving the bondholders a whopping 58 percent stake [...]
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Video: Elon Musk and the Tesla Model S on Letterman
In case you were so tired from watching Obama’s press conference last night and went to bed early, we’re posting a piece from last night’s Late Show with David Letterman where Tesla Motors CEO Elon Musk paid a visit.
Musk also brought the Tesla Model S sedan to show Letterman who seems to have lost his [...]
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There is no doubt that when it comes to ‘car guys’ Jay Leno is a huge car enthusiast with his own online TV show about cars and a gigantic warehouse full of expensive and rare vehicles.
So it’s obvious that Leno had something to say about 83-year old brand.
"I was always a fan of those "Wide [...]
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G-Power BMW M6 Hurricane CS: 0 to 62 in 4.4 seconds top speed of 230 mph
One thing that sets G-Power aside from other tuners is that they are always gunning to break the world record. They currently hold the record for the fastest sedan in the world with their BMW M5 Hurricane RS – a faster version of the original M5 Hurricane. The thing is, when G-Power adds additional letters [...]
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BREAKING: UAW ratifies Chrysler contract
The members of the United Auto Workers have ratified a contract with Chrysler on the eve of the government-imposed deadline for the Auburn Hills automaker to show its viability in the long-term.
82 percent of production workers and 80 percent of skilled-trades workers voted in agreement, while 90 percent of office and clerical workers voted in [...]
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Obama hopeful that deal could be struck between Chrysler and Fiat
We’re just hours away from the government-imposed deadline for Chrysler to prove its viability and come up with a restructuring plan that would help it avoid bankruptcy. Speaking during his prime-time news conference on his 100th day as President of the United States, Barack Obama said he was more than hopeful that “a deal could [...]
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Mcchip gives the 2010 VW Golf GTI 252-hp
So you’re pretty excited that the 2010 Volkswagen Golf GTI is on its way to the stateside later this summer; however, you’re pretty disappointed that the 2.0L turbocharged 4-cylinder engine only makes 206-hp.
Well, while you remain sad and unsatisfied, tuner Mcchip is offering the European market with a performance package that boosts output of the 2010 [...]
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GM announced the pricing info for the 2010 Buick Allure, a version of the LaCrosse for Canada. Pricing starts at $32,745 for the 2010 Allure CX FWD. The Allure CXL FWD starts at $34,745 while the CXL AWD and starts at $38,245.
Power for the starting 2010 Buick Allure lineup comes from a 3.0L direct-injected V6 [...]
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Miscellaneous Thoughts: Nardelli finally talks, Obama said to announce Chrysler bankruptcy tomorrow
Tomorrow is April 30th. To many it’s just another day on the calendar but to us and Chrysler, it is the deadline for the Aurburn Hills automaker set by the Obama administration to restructure and partner with Fiat.
Obama to announce Chrysler bankruptcy tomorrow: Obama plans to announce tomorrow that Chrysler will be placed into Chapter 11 [...]
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Chrysler kicks of Pentastar V6 production, will debut in 2011 Jeep Cherokee
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2012 Lexus LFA purchasing process: Lease it for $12,398 a month… kind of
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McLaren outlines plan to become competitive player in sports car segment, officially unveils MP4-12C
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Porsche, Lincoln take top spots in J.D. Power 2010 dependability survey
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2011 Ford Mustang prices start at $22,145
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412-hp 2011 Ford Mustang GT gets EPA rating of 26 mpg highway
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Review: 2009 Porsche Cayman PDK is sporty but pricey
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Review: 2010 Cadillac CTS Sport Wagon, station-wagons can be cool
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First Drive: 2011 Infiniti M37 / 2011 Infiniti M56 are nothing short of impressive
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Review: 2010 Cadillac CTS-V shows Germany that Detroit can do high-performance saloons
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Review: 2010 Cadillac SRX take 2… 2.8L V6 Turbo
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Review: 2010 Volkswagen Golf TDI shows that fuel-efficiency can be fun
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Review: 2010 Buick Enclave continues brand’s renaissance movement
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