It seems like GM and Chrysler aren’t the only ones restructuring. French tire manufacturer Michelin said Wednesday that it will cut 1,093 jobs on a voluntary basis as a part of its restructuring efforts to cope with falling demand from automakers. The tire maker said that it will invest more than 100 million euros ($139 million) [...]
Ferrari’s much anticipated successor to the F430 has been delayed from its original launch date at the 2009 Frankfurt Motor Show in September to the 2009 LA Auto Show in December. According to sources that spoke with AutoCar, Ferrari is now planning to reveal the F450 as a concept featuring a future hybrid powertrain. However, [...]
Hyundai has released the first official image of the new facelifted 2010 Santa Fe. The 2010 Santa Fe will go on sale in the Korean market on July 1; the U.S. will get the refreshed SUV in late 2009 or early 2010. Korean buyers will be able to choose from a range of gasoline and [...]
We’re getting close to wrapping up the day here at egmCarTech but we’re not calling it quits without our daily ‘Miscellaneous Thoughts’ post. Another BMW X1 teaser released: Joining all the spy shots, teasers and videos, BMW has released yet another teaser for the upcoming BMW X1 compact SUV. Click her for more details on [...]
Volkswagen’s 1.4L TSI twincharger engine has won the 2009 International Engine of the Year award. The engine is used on most of Volkswagen’s model range including the Golf, Scirocco and Eos, and is also used by Seat in the Ibiza Cupra. Beating both Toyota and Honda’s electric hybrid powertrains, the turbocharged and supercharged 1.4L also won [...]
There was no way that edo competition, tuner of all things Ferrari, was going to leave the beautiful Ferrari California untouched. The tuner today unveiled a new performance and visual enhancement kit for one of the most beautiful cars to come out of Maranello. With a set of sport catalyst system and some ECU enhancements [...]
Louisiana governor Bobby Jindal and Louisiana Economic Development (LED) Secretary Stephen Moret announced today that a new company called V-Vehicle Company (VVC), a San Diego based startup, has signed an agreement to assemble new “environmentally-friendly vehicles” in a vacant supplier plant in Monroe, La. “VVC will produce a high quality, environmentally friendly and fuel-efficient car for [...]
After restarting production at its Dodge Viper Conner Avenue plant, Chrysler announced today that it will resume volume production of its vehicles with seven plants in North America during the week of June 29, 2009. All Chrysler Group plants will be closed during a previously announced two-week Summer Break the weeks of July 13 and 20. [...]
We already know that Swedish supercar manufacturer Koenigsegg has obtained the controlling interest in Saab. It won’t be long before Koenigsegg will start accessing Saab’s production facilities to produce their cars. According to Swedish website Realtid.se, Koenigsegg will use Saab’s production facilities to build a production model of the Quant EV concept car that made [...]
Yesterday, Audi released a teaser shot and a sketch of the 2010 Audi A5 Sportback, which will make its world-debut at the 2009 Frankfurt Motor Show. Sales of the Audi A5 Sportback will begin in early 2010. However, Audi has no plans to bring the A5 Sportback to the stateside. Mainly because the upcoming production [...]
