Chrysler Group LLC’s new CEO, Sergio Marchionne, is scheduled to reveal his 5-year business and product plan to the media and analysts on November 4. However, The Wall Street Journal today released most of what Marchionne has will talk about next week. According to the report, the plan relies heavily on vehicles from Fiat SpA, [...]
Automobile options have certainly evolved over the years; there was once a time when air conditioning was an option. We seem to be entering a new era however in automobile options as GM is making available this month, a dealer installed internet router, virtually turning your car into a Wi-Fi hot spot that reaches 150 [...]
Joining the Ford lineup at next month’s 2009 SEMA show, will be the brand’s luxury siblings as Lincoln will be presenting their new luxury project vehicles; the MKS, MKT, and MKZ. The vehicles will be on display in the Ford booth from Nov. 3-6 at the Las Vegas Convention Center. “Lincoln as a brand is [...]
As reported yesterday, Fisker Automotive confirmed today that it has purchased General Motors’ Wilmington, Delaware plant, which produced that Saturn Sky, Pontiac Solstice and the Opel GT until July. Fisker said that it has signed a letter of intent with Motors Liquidation Co., formerly known as the wonderful General Motors Corp. to purchase the Wilmington plant [...]
G.W. Bush has stated his concern about the American government being involved in the private sector, lending particular mention to the auto and financial industries to an association of Montreal business people, Bloomberg reports. Bush said in his speech that government “has got to get out of the private sector, and therefore I hope our [...]
After Honda’s hybrid Accord returned disappointing sales, Honda discontinued the sedan at the end of the 2007 model year. According to Automotive News, Honda will now be making a return to the large hybrid vehicle segment and unlike Honda’s current hybrid system, used in the Civic Hybrid and the Insight, the new hybrid system will [...]
The new 2010 Porsche 911 GT3 RS recently hit up the Nordschleife at the Nurburgring where it returned an unofficial lap time of 7:33 – seven seconds faster than the Porsche 911 GT3. An unnamed Porsche test-drive took the new 911 GT3 RS around the Nordschleife during some light traffic, a stopwatch and a helmet. [...]
Bannon Automotive, a New York based company, has received a state package of grants and tax incentives worth close to $7 million to build a plant in Syracuse that will churn out electric plug-in hatchbacks as early as late 2010, reports MSNBC. The company hopes to have their financing in order by the end of [...]
Cash-for-clunkers was undoubtedly a successful program. So much so that auto recyclers can not keep pace without he amount of cars rolling in as a result of the program, and are forced to seek time beyond the deadline to dispose of these vehicles, reports MSNBC. “I’ve got a parking lot of almost 4,000 vehicles right [...]
The creed of the American auto-industry for years has been that Americans did not desire fuel-economy, but instead preferred gas-guzzling SUV’s over gas-sipping compacts. Edmunds reports however, that former GM economist Walter McManus is claiming that that is simply not true. McManus, now a professor at the Transportation Research Institute at the University of Michigan [...]
