General Motors plans on exiting bankruptcy later this week through the sale of most of its assets to a new entity backed by the U.S. Treasury Department. CEO Fritz Henderson wrote on GM’s FastLane Blog said that the company planned to close on the sale after the appeal process is completed. “We expect the sale [...]
Susie Kessler, mother of 16-year-old Donne, could care less if she embarrasses him when it comes to his driving privileges. Concerned about his safety, Kessler threw on a big magnet on the back of his car that reads “Caution – Newly Licensed.” Through a nonprofit organization Kessler founded, she has sold about 15,000 of those [...]
Jaguar’s new 2010 XJ will make its U.S. debut along side the Porsche Panamera at the 2009 Pebble Beach Conours d’Elegance, which runs until August 16. Sources told AutoWeek that most of the design features on the XJ are taken from the C-XF concept. Insiders said that the XJ face will feature Jaguar’s square grille and [...]
There are a couple of European models that we wish would make it to the stateside. Vice versa, there are some Europeans that wish they had the 2010 Chevrolet Camaro on their roads. Well, their wishes are about to come true. GM has now confirmed that it plans to sell the 2010 Chevrolet Camaro in [...]
Toyota confirmed today that it will be spending $467.2 million to upgrade its Indiana SUV assembly plant. The revamp is expected to be completed within the next three months according to spokesman Paul Nolasco, Automotive News reports. Nolasco did not confirm the details of the revamp; however, Bloomberg reported that the retooling is being done to [...]
Honda released a very short statement today saying that its new crossover based on the Honda Accord will go on-sale in fall of 2009 officially badged as the Accord Crosstour. “This new addition to the Honda lineup will be sold as a 2010 model. Additional information will be announced later in the year,” Honda said [...]
The Ford Mustang was originally named so because John Najjar, an executive stylist with Ford during the 1960′s had suggested it, due to his affinity for the WWII fighter plane, the P-51 Mustang. At that time, Najjar hardly knew that the “˜Mustang’ name would one day come to embody the epitome of American muscle. As [...]
Volvo announced today that it will start offering its R-Design package for the Volvo XC60 (no surprise here). Besides boosting sportier looks, the Volvo XC60 R-Design gets a sporty chassis and even more direct steering allowing for a more aggressive feel. On the outside, the Volvo XC60 R-Design gets door mirror housings, trim moldings and decor trim [...]
There you are – looking to go green but still wanting to stay cool. After looking over the limited choices you have for electric-vehicles, you narrow it down to the Tesla Roadster; however, the only problem is you don’t have the $109,000 it costs to purchase the Tesla. Well, Bank of America has come to [...]
Even though General Motors has scrapped the Saturn brand and the Saturn Vue plug-in hybrid along with it, GM’s Vice Chairman Tom Stephens says that a plug-in SUV is on track for 2011. “I can tell you that I won’t lose one day in terms of customers being able to walk into dealerships and actually purchase [...]
