Zhejiang Geely Holding Group is seeking $1billion in loans from Chinese banks to finance its bid for Ford-owned Swedish car maker Volvo. Sources say that three major banks; Bank of China, China Construction Bank, and Export-Import Bank of China have agreed to extend loans to the company. A point of contention that remains is the [...]
About a year ago, Maserati unveiled its new MC Sport Line at the 2008 Bologna Motor Show. The extensive list of accessories allow owners to customize the look and presence of their Maserati GranTurismo or GranTurismo S. Hoping to please some of its customers in Abu Dhabi, Maserati showed off a GranTurismo S MC Sport [...]
Just when you though that Scion wasn’t up to anything, the Toyota subsidiary dropped pricing details on its new xB Release Series 7.0 that will debut at the 2009 LA Auto Show tomorrow. The Scion xB RS 7.0 will start hitting dealerships later this month with a starting price tag of $18,320 with a manual [...]
Volkswagen Commercial Vehicles has unveiled the new Volkswagen Amarok, the first 1-tonne class pickup to be produced in Germany. Volkswagen said that production of the Amarok pickups is about ready to begin at its “Pacheco” plant in Buenos Aires, Argentina. The 2011 Volkswagen Amarok will launch with two fuel-efficient turbo-diesel engines including a 163-hp 2.0 TDI [...]
Transportation for America, a nonprofit safety organization says that Florida ranks first (or last, depending on your point of view) in pedestrian-vehicle collisions, registering a total of 490 deaths last year from such accidents. Pedestrian deaths are a major concern in the U.S., with 76,000 occurring since 1994, and an average of 400 per month. [...]
The Supreme Court has decided to turn down FoMoCo’s appeal of a California decision that granted $82.6 million in damages to Benetta Buell-Wilson, who was involved in an accident that left here paralyzed from the waist down, due mainly to poor production and a risky design that Ford supposedly was aware of. Ford was not [...]
According to the number of comments submitted on our 2011 Audi A8 post yesterday, it seems like you guys had a lot of opinions on Audi’s new flagship sedan. We decided to put together a little poll to see how the new A8 will be received when it arrives in the U.S. in late 2010. [...]
Autotechnik + Tuning (ATT) has introduced a new tuning package for the BMW M3. Known as the Thunderstorm M3, the model receives an inbuilt compressor with engine software optimization that greatly increases engine performance. Power is upgraded to 500-hp, which should definitely give you a significant boost when you step on the accelerator. No performance [...]
According to a report by AutoCar, Audi is currently planning a successor to the A2. “As we gave the A1 that nomenclature there”s clearly room for another product and another concept between the A3,” CEO Rupert Stadler told the publication in an interview. ”If you don”t have to explain a car like the A2 then it [...]
