Last August, Inside Line reported that Nissan is working on a convertible version of the Nissan Murano crossover. At that time we thought it was just a crazy rumor but it seems like that rumor was true then and is still true today. Sources have told Inside Line that the drop-top Murano is still in the works [...]
Fisker Automotive has secured $85 million to build its new Karma plug-in hybrid sedan and has already lined up dealers to sell the car early next year. But what else does CEO Henrik Fisker have up his sleeve? “We”re first doing the four-door and then we”re doing the convertible and then we”re planning some third [...]
BMW has created an unusual X6 concept that could be adapted for use as an ambulance. BMW will be showcasing the X6 xDrive50i Ambulance concept at the RETTmobil rescue and mobility vehicle show in Fulda, Germany. Power comes from a 4.2L V8 twin-turbo making 400-hp allowing those in a rush to get from 0 to 62 [...]
Last week, Daimler AG CEO Dieter Zetsche said Mercedes-Benz and BMW are making significant progress in a cooperation to build small-cars. He said there were only a few areas where cooperation would be out of the question. Today, BMW CEO Norbert Reithofer told the Frankfurter Allgemeine Zeitung that he is concerned about making compact vehicles with Mercedes-Benz. “There [...]
Ferrari announced today that it will be auctioning off the very last F430 at the RM auction due to be held this coming Sunday. The last unit of the Ferrari F430 will leave the production line at the end of this year and will be auctioned off to raise money for rebuilding the Abruzzo, Italy [...]
Chrysler has asked the U.S. Bankruptcy Court to cancel its leases on two of its corporate jets including a $38 million Gulfstream 450 and a $55 million Gulfstream 550. Both were leased in 2007 and are located at the Oakland County International Airport near Chrysler’s Auburn Hills headquarters. Chrysler received the two jets in Jan. [...]
FoMoCo has announced a new round of extreme tests to “fine tune new, industry leading safety technologies for its mainstream vehicles.” What do these new tests include? In a video released by Ford, engineers test a 2010 Ford Taurus against impact from shopping carts, bicycle wheels and metal whips. FoMoCo holds more Top Safety Picks [...]
Nissan CEO Carlos Ghosn said that he has no plans to resign until the Japanese automaker is “once again comfortably making profits.” When Ghosn joined Nissan from Renault in 1999 as chief operating officer, he said that he expected to stay for 10 years. “If you leave now, you wouldn’t be leaving — you would be deserting,” [...]
Toyota, which reported a $7.7 billion loss during the first quarter of 2009, said that it will cut its vehicle production by 28 percent this year to the lowest level in 7 years. It said that it aims to produce a total of 6.68 million units in 2009, down from 9.24 million in 2008. “We [...]
After a little leak yesterday, GM has finally released all the details, images and a video of the 2010 Opel Astra (known as the 2010 Vauxhall Astra in the UK). The slightly longer (71mm wheelbase) Opel Astra will make its world debut at the 2009 Frankfurt Motor Show in Sept. as a five-door hatchback. Opel [...]
