A little more than a month ago, Tesla Motors said that it had received 520 $5,000 deposits for the Tesla Model S sedan. Today, Tesla announced that reservations for the Model S have passed 1,000. The Tesla Model S Sedan will arrive on the market in about two years with an anticipated base price of $49,900 after [...]
Audi’s marketing agency has been really creative as of lately by taking shots at its rivals. The German automaker has just released a new commercial featuring the 2010 Audi R8 5.2 V10 FSI driving through Ferrari’s hometown of Maranello and pissing of the town’s citizens. Check it out after the jump and have a good [...]
Ferrari’s Board of Directors and chairman Luca di Montezemolo announced today that its first-quarter results were in line with the record levels reached in 2008. The Italian automaker said that turnover for the first three months was 441 million euros compared to 455.7 million euros in 2008. It said that the first quarter closed with [...]
As reported earlier this morning, a group of executives, including Bob Lutz, sold all their shares in General Motors. Following the news, GM’s stock plunged more than 22 percent to a 76-year low. Ford’s stock also dropped 13 percent during early trading today, following news that the Dearborn automaker is offering 300 million new shares [...]
Mercedes-Benz announced today that it has delivered the first unit of the 2010 Mercedes-Benz E-Class Coupe to Siegfried Moller. Moller chose a 2010 E500 in a palladium silver color with a range of extras including the AMG Sports Package and the COMAND multimedia system. U.S. sales of the 2010 Mercedes-Benz E-Class Coupe will start later [...]
In a statement released yesterday, Volkswagen said that it has received roughly 13,000 orders for the new 2010 Volkswagen Polo before its market launch. Demand for small cars like the Polo have increased significantly ever since the government has launched its scrappage program for old clunkers with $3,402 cash back. Sales of the 2010 Volkswagen [...]
Want to drive the Ford Fiesta? Ford has announced that it will be launching an 8-month test-drive tour as a part of the Fiesta Movement, adding to the huge social media campaign built around the 2010 Fiesta that will hit U.S. markets next year. “The Fiesta Movement is about bringing a fuel-efficient, fun new car [...]
Seems like President Barack Obama didn’t like Chrysler’s “We’re building a new car company” campaign. Chrysler had planned on spending $134 million in advertising over the nine weeks it spends in court – the Obama automotive task force gave the Auburn Hills automaker half that. According to Robert Manzo, executive director of Capstone Advisory Group [...]
Spy photographers have caught a matte-grey Bentley Continental Supersports test mule hanging out around the Nurburgring track. The “fastest, most powerful Bentley ever produced” is expected to run some laps around the Nordschleife in preparation for its production debut in 2010. Since power comes from a 6.0 W12 twin-turbocharged engine making 621-hp with a peak torque [...]
Nissan reported an annual net loss of 233.7 billion yen ($2.4 billions USD) in the last fiscal year and reported a loss of 276.89 billion yen ($2.8 billion USD) in the first quarter of 2009. However CEO Carlos Ghosn expects the loss to lessen in the current fiscal year. “We are beginning to see some signs of [...]
