Archive | July, 2009
2010 Audi R8 5.2 V10 FSI quattro prices start at $146,000

2010 Audi R8 5.2 V10 FSI quattro prices start at $146,000

Audi has released the pricing information on the 2010 Audi R8 and the 2010 Audi R8 5.2 V10 FSI quattro. Certified Audi dealerships will be getting the R8 5.2 FSI quattro later this week with prices starting at $146,000 (excluding $1,200 destination charge, taxes, title, options and dealer charges) for the manual model and $155,100 for [...]

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Aston Martin One-77 headed to the Nurburgring, 40 confirmed orders

Aston Martin One-77 headed to the Nurburgring, 40 confirmed orders

Aston Martin is building a pre-production version of the One-77 supercar that will take on the Nurburgring, reports AutoCar. Sources say that the unit you see at auto shows is just a running prototype and the next stage of the car’s development is to build a pre-production version for fine tuning at the Nurburgring, where [...]

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Fisker Karma to make public driving debut next month

Fisker Karma to make public driving debut next month

Fisker Automotive announced today that its Karma plug-in hybrid sedan will make its public driving debut at the Rolex Monterey Historic Automobile Races on Saturday, August 15. The Karma Sunset hardtop convertible concept will also be on display along side the Karma sedan but will not show off any moves. “The Rolex Monterey Historic Automobile [...]

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Veritas planning coupe RS III, aircraft engine powered SUV

Veritas planning coupe RS III, aircraft engine powered SUV

Veritas, creators of the BMW V10 powered Veritas RS III, is considering a coupe version of the supercar and a carbon fiber, aircraft engine powered SUV. The Veritas RS III, which made its debut at the 2009 Salon Prive at the London Hurlingham Club, is an open-cockpit supercar that pays tribute to the original BMW Veritas from the 1940s. [...]

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Toyota to liquidate its stake in NUMMI, negotiations with GM begin next week

Toyota to liquidate its stake in NUMMI, negotiations with GM begin next week

According to a report by Japan’s Kyodo News, Toyota has decided to liquidate its stake in New United Motor Manufacturing Inc (NUMMI) in California, a plant that it jointly operated with General Motors. Citing unnamed officials, Kyodo reported that Toyota will begin negotiating with the ‘Old GM’ starting next week. Mike Goss, a Toyota spokesman, would [...]

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Hyundai posts record second quarter profit

Hyundai posts record second quarter profit

Hyundai posted a record net profit of 811.9 billion won ($649.9 million) in the second quarter, beating analyst’s expectations. Operating profit for the second quarter came in at 657.3 billion won, above a forecast for a 496.5 billion won. The company’s operating profit margin was 8 percent, its highest level in 5 years. The Korean automaker expects [...]

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Bugatti Bordeaux not coming to Frankfurt, will be shown only to clients and dealers

Bugatti Bordeaux not coming to Frankfurt, will be shown only to clients and dealers

When a grainy teaser of a new Bugatti started making its way around the Internet earlier this month, speculations began that Bugatti will be debuting a brand new four-seater model called the Bordeaux at the 2009 Frankfurt Motor Show in September. What’s true is that Bugatti is working on a new model – what remains to [...]

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Toyota hopes to return to profit in North America by next fiscal year

Toyota hopes to return to profit in North America by next fiscal year

Toyota Motor Corp’s brand new CEO, Yoshi Inaba, said that the company is targeting a return to profitability in North America as soon as the next fiscal year that will end March 2011. He said that Toyota has completed the process of reducing vehicle inventory to adjust to low U.S. demand and was focusing on steps [...]

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Subaru Impreza WRX STI spec C is lighter and more powerful

Subaru Impreza WRX STI spec C is lighter and more powerful

Subaru’s personal tuning shop has pumped out another hardcore version of the Impreza WRX STI. Known as the spec C, this modified Impreza WRX STI is lighter and more powerful than other variants of the road-going rally-car that will only be sold in Japan. With a remapped ECU, the 2.0L boxer flat-four now makes 304-hp [...]

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Fiat not interested in Bertone brand, just wants facility and workforce

Fiat not interested in Bertone brand, just wants facility and workforce

It was reported last week that Fiat has made a non-binding offer to buy struggling Italian coachbuilder Carrozzeria Bertone. According to AutoCar, Fiat has no interest in saving the Bertone name or history. “We are not interested in the Bertone brand or company, only in the Grugliasco production facility and workforce,” a Fiat spokesman said. [...]

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