The U.S.-spec Chevrolet Cruze has been unveiled prior to its world debut at the 2009 LA Auto Show on Dec. 2. The 2010 Chevrolet Cruze compact sedan, which will replace the Chevy Cobalt, will go on sale in the third quarter of 2010 and will be built at GM’s Lordstown Ohio assembly plant. The five-door, [...]
Next week, most of the egmCarTech team will be in Los Angeles for the 2009 LA Auto Show. We’ll be landing in LA on Dec. 1 and will kick off live coverage of the show on Dec. 2. Coverage will continue until Dec. 3 (some posts may also be added on Dec. 4). You can [...]
At the Essen Motor Show today, tuner Brabus released its new B63 S engine tuning for the 2010 Mercedes-Benz E 63 AMG. The conversion kit allows the 6.3L V8 to produce an extra 30-hp for a total of 547-hp with a maximum torque of 479 lb-ft. The B63 S kit consists of two sport air [...]
Audi released a massive press release yesterday reminding us that the 2010 Audi A8 will debut at the world”s most important design and art fair, Design Miami/ and Art Basel Miami Beach on Monday. “The Audi A8 is the flagship of our brand. It stands for everything we are capable of at Audi,” says Rupert [...]
At the 2009 Tokyo Motor Show, Honda showed the second iteration of its CR-Z hybrid coupe concept, of which a production model will debut at the 2010 Detroit Auto Show in January. Ever since, there have been rumors of Toyota planning a competitor to the CR-Z with plans of extending the company’s Prius brand. According [...]
According to Swedish media, two new bidders for General Motors’ Saab brand have already emerged following the termination of a potential sale to the Koenigsegg group. Reports say that both Beijing Automotive (BAIC) and Wyoming-based merchant bank Merbanco are seriously investigating putting a bid up for Saab. Beijing Auto was a minority partner in the Koenigsegg bid [...]
World-class golfer Tiger Woods was injured in a car accident outside of his Florida Mansion in the wee hours this morning when he lost control of his vehicle. After pulling out of his driveway, Woods’s vehicle hit a fire hydrant and a tree in his neighbor’s yard. Woods’s wife Elin, heard the accident from inside [...]
Ron Bloom, President Obama’s car czar, expects GM to offer an IPO in the fourth quarter of 2010, he said in an interview this week. The government owns a 61 percent majority stake in GM as a result of their bankruptcy restructuring, but has agreed to not touch their equity. Bloom has said however, that [...]
Chinese based Zhejiang Geely Holding Group and Ford Motor Co. have settled their issues concerning intellectual property rights that have been a hurdle as of late in their deal, whereas Geely would purchase Volvo from Ford. Should the sale go through with the terms currently agreed upon, Geely will be in sole control of all [...]
Canadian company Magna International is requesting at least 400 million euros in compensation from Porsche AG for their cancellation of a contract in which the former would produce the latter’s Cayman and Boxster model sports cars in its Austrian factory. Porsche, which is currently in the process of merging with Volkswagen Group AG, seeks to [...]
