In another one of Top Gear’s awkward challenges this past weekend, James May and Richard Hammond pinned the 2010 Porsche Panamera against her majesty’s postal service. Hammond and May’s choice of Panamera? The cheapest of all the Porsche’s sedans – the Panamera S – powered by a 4.4L V8 making 394-hp. Top speed comes in [...]
Daimler AG recently acquired an equity stake of 10 percent in Tesla Motors in a deal that would integrate Tesla”s lithium-ion battery packs into 1,000 units of the electric Smart ForTwo. According to report by Bloomberg, the German automaker is now selling a portion of its stake in Tesla to Abu Dhabi’s Aabar Investments PJSC. Aabar [...]
Honda has confirmed that it will be phasing out the FR-V MPV that is currently sold in the UK. The six-seater Honda FR-V will end production this summer with the last unit to roll off the Japanese Suzuka production line in August. Honda said that it has no plans to replace the FR-V and will be [...]
There are a certain number of rules we follow when we receive a new press car for the week. Obviously safety being our first concern, we try not to get out of control when testing a new a car. However, with high-performance models, its a bit difficult not to loosen up a bit and push [...]
‘Maximum’ Bob Lutz will host a live chat on GM’s Fastlane Blog later today from 2:00 to 3:00 p.m. EDT to answer questions about his new role as GM vice chairman responsible for all creative elements of products and customer relationships. Lutz will oversee GM”s brands, marketing, advertising and communications. If you’re interested you can join [...]
According to General Motors Company’s Chief Financial Officer, Ray Young, the automaker could start using proceeds from an initial public stock offering by as soon as 2010 to pay back some of the money it owes the governments of the United States and Canada. He said that GM would move toward positive cash flow and profitability [...]
Mercedes-Benz has yet to unveil the new SLS AMG Gullwing supercar but it seems like the Stuttgart automaker is already planning a convertible version of the most extreme Benz ever built. Spies caught a prototype of the convertible SLS AMG going under hot-weather testing in the United States. The canvas hard-top version of the SLS [...]
Audi’s 100th anniversary is just around the corner and we’re looking forward to Audi unveiling a new model at its celebrations, which will kick off on July 19. Joining the celebrations will be this giant Audi TT sculpture which will also become a new landmark in the city of Ingolstadt. The steel-frame construction is 10.2 meters [...]
Japan’s Nikkei business daily is reporting that Toyota has received about 1,500 pre-orders for the new Lexus HS 250h in Japan, which is roughly three times more than the company’s monthly sales target. Nikkei says that the 2010 Toyota Prius has been selling so well that there is a eight month backup on deliveries after [...]
We’re still trying to get over our heartbreak when we said goodbye to our 2010 Chevrolet Camaro SS press car last week. Nonetheless, we kept our spirits up knowing we had something to look forward to when we heard some new details on the Camaro Z28. Well, while Lutz has gotten us all excited about [...]
