Archive | May, 2009
Gimme, gimme more: Additional BMW 5-Series GT press photos leaked

Gimme, gimme more: Additional BMW 5-Series GT press photos leaked

It seems like no one wants to be left behind with leaking press photos of the 2010 BMW 5-Series GT before its Frankfurt Motor Show debut. We’re guessing BMW will soon release all the high-res photos and the press release with all the official details. Stay tuned. For now enjoy some more leaked photos – [...]

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Ford, Toyota to top GM in the U.S. in terms of market share and production

Ford, Toyota to top GM in the U.S. in terms of market share and production

As 2009 U.S. light-vehicle sales fall to 9.5 million units, Toyota will come really close to stealing GM’s no.1 U.S. market share position, forecasting firm IHS Global Insight predicted today. IHS Global Insight said that Toyota’s 2010 U.S. market share will edge out GM’s, which will hold the title this year with a 17.9 percent [...]

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BREAKING: UAW and GM reach agreement, bankruptcy still probable

BREAKING: UAW and GM reach agreement, bankruptcy still probable

GM and the U.S. Treasury Department have reached a deal with the United Auto Workers, one of the key hurdles that GM needs to clear before its June 1 deadline to avoid bankruptcy. The UAW has not disclosed any information on the agreement, which still needs to be ratified before it can take effect. It [...]

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Lee Iacocca asked to return his Chrysler cars under bankruptcy law

Lee Iacocca asked to return his Chrysler cars under bankruptcy law

It seems like Chrysler’s Chap. 11 bankruptcy is affecting Lee Iacocca more than just emotionally. Iacocca, who is famous for saving Chrysler from bankruptcy in 1980s, has apparently been asked to return his company vehicles. According to FOX Business, which obtained a letter sent to former Chrysler executives and directors, the now-bankrupt automaker is asking its [...]

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22 foreign automakers cancel 2009 Tokyo Motor Show attendance

22 foreign automakers cancel 2009 Tokyo Motor Show attendance

According to a spokeswoman for the Japan Automobile Manufacturers Association, which sponsors the Tokyo Motor Show, 22 foreign automakers will not be attending the auto show in October. Kazusa Yoshino said that more than 20 major foreign automakers including GM, Chrysler, BMW, Volkswagen, Porsche, Ford and others, will be passing on the 2009 Tokyo Motor Show. [...]

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Miscellaneous Thoughts: Bob Lutz nets $141,986 from stock sales, gas-prices keeping consumers from buying fuel-efficient cars

Miscellaneous Thoughts: Bob Lutz nets $141,986 from stock sales, gas-prices keeping consumers from buying fuel-efficient cars

Yes, it’s that time of the day where we bring you some random news we’re finding from our RSS readers. Bob Lutz nets $141,986 from selling GM shares: Earlier this month, Bob Lutz and some of his colleagues sold their GM shares. According to Reuters, Lutz paid a 10 percent penalty to sell his shares [...]

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2010 Volkswagen Golf Estate, the fourth-variant of the Golf family

2010 Volkswagen Golf Estate, the fourth-variant of the Golf family

Volkswagen announced today that it is adding a fourth body variant to the Golf’s 2-door, 4-door and Golf Plus lineup. Starting this Friday, Volkswagen will begin taking orders for the new 2010 Golf Estate with prices starting at €18,500 ($25,698 USD).  The new 2010 Volkswagen Golf Estate will be available with a selection of gasoline and [...]

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Video: Michael Bay releases three new Transformers 2 trailers

Video: Michael Bay releases three new Transformers 2 trailers

This week is turning out to be pretty exciting for us Transformers fans. Linkin Park released their new single, ‘New Divide,’ for the Transformers: Revenge of the Fallen Soundtrack; GM announced it will be offering a limited edition Bumblebee 2010 Chevrolet Camaro Package; and now, director Michael Bay has just released three TV spots for [...]

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California planning more ‘stringent standard’ for mileage and emissions

California planning more ‘stringent standard’ for mileage and emissions

California, home to Tesla Motors, is stepping up efforts to plan the next stage of clean air standards despite the fact that President Barack Obama announced his new proposal for fuel-economy regulations based on the state’s model. “California will be immediately getting to work on what the standards should be for beyond 2016,” Mary Nichols, [...]

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Smart offering free transmission upgrades to smooth out balky shifts

Smart offering free transmission upgrades to smooth out balky shifts

While many Smart owners love their little tiny ForTwos, very few (including many of us automotive journalists) aren’t to fond of the transmission. After complaints of the transmission slipping shifts between gears added up, Smart has finally decided to solve the problem. Smart USA is now offering the owners of some 24,622 2008 Smart ForTwo [...]

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