Archive | June, 2009
BMW X1 teasers released on its Facebook fan page

BMW X1 teasers released on its Facebook fan page

It seems like automakers are getting the hang of using social media to spread the word about their products. As such, the BMW X1 Facebook page has 926 fans, which is why BMW decided to release teaser shots of the upcoming compact SUV on the people-connecting website to keep fans excited. When you think of [...]

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Production Mitsubishi i-MiEV unveiled, sales begin in April 2010

Production Mitsubishi i-MiEV unveiled, sales begin in April 2010

In a very lengthy press release on World Environment Day (which we talked about yesterday), Mitsubishi finally unveiled the production version of its four-seater i MiEV electric-vehicle. The i MiEV will go on sale in Japan in late July of 2009 with a monthly lease process much like the Mini E Cooper. Starting April 2010, Mitsubishi [...]

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Report: GM agrees to sell Saturn to Penske Automotive Group

Report: GM agrees to sell Saturn to Penske Automotive Group

A source familiar with the negotiations has told Bloomberg that General Motors will sell its Saturn brand to Penske Automotive Group. A final deal may be announced later today. The source said that Penske will pay $100 million to $200 million for Saturn, winning over another bid by a group led by Oklahoma City-based private [...]

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Fiat 500 to get more than 40 mpg in the U.S., Fiat engineers and execs in Detroit setting up launch

Fiat 500 to get more than 40 mpg in the U.S., Fiat engineers and execs in Detroit setting up launch

We already know that the Fiat 500 will be the only Fiat badged model that will be sold at Chrysler dealerships when Chrysler is officially handed over the Italian automaker. According to people familiar with the plan, Fiat CEO Sergio Marchionne has been leading a team of several dozen engineers and executives in finalizing plans [...]

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Chrysler reported to be hiding bid for Viper, Fiat said to be threatened by Viper as Ferrari rival

Chrysler reported to be hiding bid for Viper, Fiat said to be threatened by Viper as Ferrari rival

Last month when Chrysler listed most of its $2 billion assets in bankruptcy court, the Auburn Hills automaker said that it didn’t have any firm offers for its Viper brand, which was put up for sale last August. The only offer that Chrysler listed was a $5.5 billion bid by Devon Motors Works. Now there [...]

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Take a look at the new Hyundai Accent: 2010 Verna unveiled in Korea

Take a look at the new Hyundai Accent: 2010 Verna unveiled in Korea

Hyundai has updated its Verna (known as the Accent on the stateside) for its home market. Known as the Hyundai Verna Transform, the new model gets a completely redesigned exterior with minor interior upgrades. The model is available with a 1.6L 4-cylinder engine, which now provides better fuel-economy. Taking a page from the new Ford [...]

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Report: VW BlueSport Roadster ready for production, pricing to start around $30k

Report: VW BlueSport Roadster ready for production, pricing to start around $30k

Last we heard anything about the Volkswagen BlueSport Roadster’s production plans, it was reported that the big bosses at V-dub are reconsidering the model due to the global economic crisis as they calculate “the viability of the niche car.” When it was unveiled at the 2008 Detroit Auto Show in January, insiders at Volkswagen told [...]

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Word on the street is: Lamborghini working on new V12 model, Reventon Roadster

Word on the street is: Lamborghini working on new V12 model, Reventon Roadster

Recent reports say that a successor to the Lamborghini Murcielago won’t arrive until 2012; however, that doesn’t mean Lamborghini designers and engineers are just sitting around doing nothing.  Autogespot sources say that Lamborghini is hard at work on a new vehicle by the end of this year. The new bull is expected to carry a [...]

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Bring it on Honda Insight: 2010 Toyota Prius was Japan’s best-selling car in May

Bring it on Honda Insight: 2010 Toyota Prius was Japan’s best-selling car in May

Toyota spent most of February tossing and turning in its sleep over competition from the new 2010 Honda Insight. Honda’s new hybrid was the best-selling model in Japan in April; marking the first time a hybrid has held the spot for a monthly sales period. Well, Toyota can now sleep peacefully at night.  For the [...]

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Miscellaneous Thoughts: Coffee cup power inverter, Hyundai says delay of ‘Cash for Clunkers’ hurting sales

Miscellaneous Thoughts: Coffee cup power inverter, Hyundai says delay of ‘Cash for Clunkers’ hurting sales

You know the routine by now – it’s time for Miscellaneous Thoughts post. Coffee Cup Power Inverter: Running low on power on 3 of your devices but don’t have enough 120-volt AC outlets in your car? Then this conveniently shaped coffee cup power inverter is for you. The Coffee Cup Power Inverter provides 120 Volt [...]

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