Unlike other automakers, Volkswagen of America has managed to stay out of the spotlight during the recession. However, the automaker has a lot going on for the next three years. The company is investing $4 billion to build an assembly plant in Chattanooga, Tenn., and $1 billion to expand its Mexico facility to start producing [...]
General Motors confirmed today that it has signed a conditional deal to sell its Saab brand to luxury supercar manufacturer Koenigsegg. The stock purchase agreement will give Koenigsegg 100 percent control of Saab after “closing conditions” are agreed upon. Along with support and guarantees from the Swedish government , Saab will get assistance from GM since it is [...]
It’s time for your weekly Cash for Clunkers update. This week, Toyota has overtaken General Motors as the top manufacturer of new vehicles purchased under the Cars Allowance Rebate System. According to the National Highway Traffic Safety Administration, Toyota came in first with 18.9 percent of all new vehicles sold under the Cash for Clunker [...]
We are now 5 days into our test-drive of the 2010 Chevrolet Equinox and we’re still really impressed with the new GM crossover. As mentioned before, we are driving the 2010 Equinox 1LT FWD with a 182-hp 2.4L Ecotec direct-injected 4-cylinder engine. During our first trip in the Equinox we were averaging a total of [...]
So far we’ve seen many images of the Devon GTX and we’ve heard that it will go into production during the first quarter of 2010. However, we never really heard official details on what the Devon GTX was capable of performance wise… until now. This past weekend, at the 2009 Pebble Beach Concours d”Elegance, Devon Motorworks [...]
Over the weekend, Spyker unveiled its new C8 Aileron Spyder at the 2009 Pebble Beach Concours d’Elegance. The Spyker C8 Aileron Spyder features a high-quality, semi-automatic canvas soft-top, which is available in eight different colors. The convertible C8 Aileron also features a luggage rack – not to mention, customers may also order a 5-piece Louis Vuitton luggage set [...]
According to sources that spoke with The Wall Street Journal, Chrysler Group LLC and Fiat SpA plan on building the US-spec Fiat 500 compact car at Chrysler’s plant in Mexico. Insiders familiar with the matter say that Chrysler is also looking to make a small Fiat engine for the 500 at Chrysler’s Trenton, Mich. facility. [...]
Kia today dropped the initial details and the first images of the new compact Venga, which will make its debut at the 2009 Frankfurt Motor Show. It will go on sale in the UK in early 2010. Based on the Kia No.3 concept, the Venga features a long wheelbase for its class of 2,615 mm – [...]
The 2010 Chevrolet Camaro, which hasn’t even gone on sale yet, has already been sold out through pre-sale orders in Japan. General Motors Asia Pacific says that more than 120 orders for the new Camaro were taken, which is the company’s quota for the year. GMAP spokesman Michihiro Yamamori, said that many of the orders were [...]
According to reports coming out of Japan, Toyota will end production at the joint venture factory in California that it started with General Motors in March 2010. According to Japan’s Asahi Shimbun, Toyota has started to inform its main suppliers about the plans. A Toyota spokesman said the company has reached no official decision yet. Toyota has [...]
