Tesla announced yesterday that it will open a total of seven regional sales and service centers this summer. In the United States, Tesla plans on opening a store in New York, Seattle and Chicago in June. Following those three stores Tesla will open up shop in Miami. Later this month, Tesla will open a store [...]
Just yesterday, we reported that the Volkswagen BlueSport Concept is ready to take the giant leap into production. It was reported that the BlueSport could carry a starting price-tag of about $30,000 when it hits showrooms. According to AutoCar, the BlueSport may not be sold as V-Dub. Apparently the big bosses at Audi don’t believe that someone [...]
It’s finally Friday and as we take a break from speeding around in our press vehicle of the week, the 2009 Pontiac G8 GXP, we’re taking some time out to bring you a few random findings from the egmCarTech editor’s desk (or the egmCarTech’s table at the local Starbucks if you will). Top Gear destroys [...]
Last month, the first Mini E was delivered Peter Trepp, a venture capitalist focusing on the green industry. Along with Trepp, up to 300 Mini E customers may be in for a big disappoint when they recharge the battery of their electric-Cooper, reports Open Road. Apparently there is a glitch in the distribution of the high-voltage [...]
What you’re looking at is the 2010 Volvo C70 hardtop convertible at a photo shoot. Based on the S60 Concept, the 2010 C70 is expected to carry over the same 227-hp turbocharged 5-cylinder engine from the current model. Honestly, to be a little opinionated, the car looks very, very sleek. The front fascia seems to be [...]
Even though the ‘New GM’ will be forced to focus on producing fuel-efficient vehicles, it won’t abandon efforts to give its Corvette enthusiasts the much loved rear-wheel-drive, V8 power they have come to love. “My wonderful baby is my 2005 Corvette coupe,” CEO Fritz Henderson said in his first online chat after filing GM’s Chapter [...]
GM’s financial adviser, Evercore Partners released projections saying that it expects the bankrupt automaker to return to annual profits by 2011. It estimates that the stock in the ‘New GM’ will be worth anywhere from $38 billion to $48 billion. It estimates that the ‘New GM’ will hope to rebound its U.S. vehicle sales to [...]
Holden’s Commodore is expected to get its smallest engine in more than 20 years as Holden looks to fill demands for more fuel-efficient cars. According to a report by Drive, the Commodore is expected to get a new 3.0L V6 later this September. The smaller capacity V6 will get an advanced direct-injection fuel-system to further [...]
Michael Bay’s Transformers series gets the best of most of us nerds and auto enthusiasts. The thought of our cars turning into robots to save mankind is not only out of this world, but something only ‘geeks’ can imagine. GM will be offering a limited-edition 2010 Chevrolet Camaro Bumblebee Package, which we expect will go [...]
It was reported earlier this morning that GM has agreed to sell Saturn to Penske Automotive Group. GM has now confirmed the details of the proposed transaction in which Penske would acquire the Saturn brand, saving more than 350 dealerships and 13,000 jobs. GM said that under the terms in the MOU, “Penske would obtain [...]
