We’ve been hearing for some time that Chrysler’s ENVI division will offer its first electric-vehicle in late 2010. However, the Auburn Hills automaker, which recently partnered up with A123Systems to develop lithium-ion battery cells, never mentioned which one of its five ENVI concepts will enter production – until now. According to a report by CNNMoney, [...]
The big news out of the Dodgers stadium yesterday didn’t have anything to do with the win over the Giants, instead it was our Electric Vehicle future as envisioned by the power that be at Nissan. I’ll spare you the many baseball analogies circling the bases of my mind and just get to it. The [...]
Lamborghini said today that its pretax profits were up 27.4 percent with the help of cost cutting methods while its sales remained virtually flat in 2008. CEO Stephan Winkelmann told Reuters that he expects sales to drop this year as wealthy car shoppers held-off on big purchases. He said that Lamborghini is prepared to wait for [...]
Mercedes-Benz today release AMG Sports package for the 2009 S-Class and the 2009 CL-Class. Both models get AMG bodystyling, 19-inch AMG light-alloy wheels and interior upgrades for more sportiness. The Mercedes-Benz AMG Sports package is now available for five Mercedes-Benz models including the new 2010 E-Class, 2010 E-Class Coupe and the new C-Class. For the [...]
Ford of Europe is celebrating a significant growth in Europe’s two largest markets in March. Led by incentives, Ford’s sales grew 39.6 percent to 28,300 units last month in Germany, Europe’s No. 1 market. Sales in Italy, Europe’s second largest market, grew 21.7 percent to 23,800 units. In the United Kingdom, Ford’s sales fell by [...]
Telesto Ventures, an investment group that includes private equity firm Black Oak Partners LLC, says that it wants to acquire Saturn’s retail operations and provide its dealers with vehicles from General Motors through 2011. After 2011, Telesto wants to provide Saturn with mostly overseas models. GM spokesman Steve Janisse says that the group’s proposal is [...]
Ever since GM and Chrysler have started receiving federal loans, a job as a “booth professional” or “product presenter” has gotten very difficult. Before it was a pretty straightforward job where all you had to do was answer questions about the vehicle and its pricing info. However, now models have become the target of taxpayers who are [...]
We read somewhere earlier this morning that Opel has no imminent cash problems. So, while parent General Motors is hanging on by a thread, Opel has dropped its new high-performance 325-hp Insignia OPC. POwer comes from a 2.8 V6 Turbo engine allowing for 325-hp and a peak torque of 295 lb-ft. Mated to a 6-speed [...]
According to a “well-placed source,” General Motors has apparently approved the Cadillac Converj concept for production. Motor Trend says that GM is looking to bring its extended-range electric-coupe to the roads by 2011 as a 2012 model. And it doesn’t end there – sources say that GM will follow up with a Cadillac crossover SUV [...]
Fiat’s CEO Sergio Marchionne told the Globe and Mail today that he would ditch the idea of partnership unless Chrysler’s unions agreed to cut labor costs. He told the Toronto newspaper that a partnership between Fiat and Chrysler had a 50-50 chance of succeeding because of the lack of progress in talks with union leaders [...]
