While the rest of the auto industry was struggling, supercar manufacturer Lamborghini reported a record year in 2008. The Italian automaker sold a total of 741 units in the U.S. in 2008 while selling a total of 2,430 units worldwide. However, 2009 isn’t looking to good for Lamborghini. The Sant’Agata Bolognese automaker’s sales were down [...]
So it’s no secret that Tata Motors wants to sell its $1,983 Tata Nano in the United States. CEO Ratan Tata told us that the Nano has to meet “rear-crash tests” in the U.S. for which “redesigning is necessary, and will take 3 years.” It was even reported last week that the U.S. could get [...]
Mini has officially revealed all the details and images on the Mini John Cooper Works World Championship 50 limited-edition. The model celebrates 50 years of the classic Mini as well as victory in the F1 Drivers’ and Constructors’ Championship for John Cooper’s racing team. Based on the Mini John Cooper works, the Mini JCW World Championship [...]
GM announced last month that it will build a small, fuel-efficient car in the U.S. using its existing UAW-GM assembly plants that are currently under standby status. The Detroit automaker said that it will build up to 160,000 units of subcompacts per year at an existing U.S. facility. Today GM announced that it has narrowed its [...]
Earlier this week GM announced that former chairman and CEO of AT&T Edward E. Whitacre, Jr., will become the new chairman of the “˜New GM” when the company is launched later this summer. In an interview with Bloomberg, Whitacre said: “I don”t know anything about cars. A business is a business, and I think I can [...]
There aren’t many vehicles that NCE wouldn’t chop the roof off of. After bringing us the convertible versions of the Toyota Prius, Cadillac CTS and the Hummer H3, NCE is back with one convertible that should have been a drop-top from the beginning. The California based tuning company is now offering a convertible version of [...]
Of course, for most of us the over $1 million price tag of the Bugatti Veyron can seem a little steep. Well, now you can get behind one for just $25,000… a day. Believe it or not a Berkshire-based leasing company called Holders Vehicle Contracts has the world’s fastest car (or one of the world’s fastest [...]
Tuner 9ff, tuners of all things Porsche, has released a new modification package for the Porsche GT2. After releasing an 800-hp GT2 package, 9ff is back with a new power upgrade for a total of 850-hp and a maximum torque of 679 lb-ft. Known as the 9ff Porsche BT2, the even faster GT2 goes from [...]
Sergio Marchionne, Chrysler Group LLC’s new Chairman and CEO, sent the following message to Chrysler employees about the Auburn Hills automaker’s new alliance with Fiat SpA. To the Men and Women of the New Chrysler: Today marks a new beginning for Chrysler and the North American automotive industry, as Chrysler Group LLC, a new company [...]
Former Chairman and CEO Bob Nardelli, who will be returning to his duties at Cerberus Capital Management, sent the following farewell letter to Chrysler employees: Dear Employees, Congratulations! I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time. [...]
