Archive | November, 2009
China auto sales up 75.8% in October, GM China doubles sales

China auto sales up 75.8% in October, GM China doubles sales

China’s passenger car sales were up a whopping 75.8 percent in October, as compared to the same period an year earlier. The explosive grown in auto sales for the past couple of months comes as government incentives continued to bring customers into showrooms. According to the China Association of Automobile Manufacturers, a total of 946,000 [...]

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GM making significant progress towards affordable hydrogen-powered vehicles

GM making significant progress towards affordable hydrogen-powered vehicles

While there is a lot of hype around GM’s Chevrolet Volt plug-in hybrid vehicle, GM is out to remind us that it is still making progress on its fuel-cell vehicle program. The Detroit automaker said that it is making significant developments towards building advanced hydrogen fuel-cell designs that will result in more affordable hydrogen-powered vehicles. [...]

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Geely planning to sell 1 million Volvo vehicles annually, considers new China plant

Geely planning to sell 1 million Volvo vehicles annually, considers new China plant

Zhejiang Geely Holding Group, which plans to purchase FoMoCo’s Volvo brand, has been working on a turnaround plan that will eventually double sales of the Swedish car brand to nearly 1 million vehicles a year. Under the plan, Geely is going to build a new plant for Volvo in China with an annual capacity of [...]

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Fritz: No global future for Opel, Chevrolet will be global leader

Fritz: No global future for Opel, Chevrolet will be global leader

General Motors Company CEO Fritz Henderson, who is currently visiting Opel’s headquarters in Ruesselsheim to repair relations, said that Opel will not play a global role in the empire of the Detroit automaker. Nonetheless, Henderson said that GM will give the European brand more freedom. “We have a strategy in Brazil around Chevrolet … It’s [...]

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Report: New Lotus Esprit gets the green light for production

Report: New Lotus Esprit gets the green light for production

We’ve been hearing about the delays to the next-generation Lotus Esprit for quite some time now. However, according to AutoCar the Esprit program has been given the green light and we’ll hear more details when the company’s new CEO Danny Bahr is due to reveal his seven-year plan. A source said that the replacement for [...]

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Zenvo ST1: Now with more details and new high-res photos

Zenvo ST1: Now with more details and new high-res photos

Just before 2008 came to an end, Zenvo Automotive and Danish Design unveiled the new Zenvo ST1, a 1,104-hp supercar with some very aggressive looks. Well, today we get a more detailed look at the Zenvo ST1 along with some new high-res photos. Power comes from a 7.0L V8 Bio Flex engine (98 octane or [...]

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Ferrari considering turbocharged engines

Ferrari considering turbocharged engines

According to Ferrari engine developer Jean-Jacques, the Italian supercar maker is considering turbocharging for its future vehicles. However, he said that the biggest obstacle the company faces was lag. “Turbocharging will come eventually, but we need to solve the issue of turbo lag,” he told AutoCar. He said that a delay of any sort is [...]

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Lumma Design CLR 730 RS: A 730-hp BMW M5 with some style

Lumma Design CLR 730 RS: A 730-hp BMW M5 with some style

Until BMW unveils the new M5 sedan, we’ll have to do with some aftermarket customizations to the current M5. The folks at Lumma Design teamed up with G-Power to produce their latest creation – the CLR 730 RS. Power comes from a 730-hp V10 twin-turbocharged engine taken from G-Power that allows the CLR 730 RS [...]

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GM Chairman urges U.S. government to loosen pay caps, emphasizes urgency to pay back loans

GM Chairman urges U.S. government to loosen pay caps, emphasizes urgency to pay back loans

General Motors Company’s Chairman, Edward Whitacre, is urging the Obama administration to give the automaker less restrictive pay caps. The comments by Whitacre, which were made at an appearance at Texas Lutheran University, were the most detailed he has made since becoming GM chairman in July. Whitacre, who rolled up in a red 2010 Chevrolet Camaro (we’re [...]

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eBay to offer free vehicle history reports starting Wed.

eBay to offer free vehicle history reports starting Wed.

Starting Wednesday, eBay will start including vehicle history reports from Experian Automotive at no cost to vehicle buyers and sellers. The reports will be available on all cars sold on eBay that are built after the 1981 model year. The reports will available on all vehicles sold in eBay auctions and classified formats, as well [...]

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