Here it is – the moment we’ve all been waiting for all year, even though we won’t get this model in the United States. Audi today officially took the wraps off of its new and much-anticipated 2011 Audi A1. Sales will begin later this year and according to Audi, many of the A1 customers are expected [...]
Now in its second model year, Infiniti today announced pricing on the 2010 G37 Convertible, which is now on sale at Infiniti dealers nationwide. For 2010, the Infiniti G37 Convertible gets a revised interior, upgraded navigation and entertainment systems, power-folding outside mirrors and the addition of the previous Premium Package equipment as standard for the [...]
Toyota has estimated the cost of their recalls to be in excess of $2 billion, but many are predicting that lawsuits alone could top that number, as 30 U.S. suits have already been filed. With lawyers chomping at the bit for a piece of Toyota, credit rating agency Moody”s warned that a downgrade to Toyota”s [...]
It’s been a while since we’ve heard anything from Opel since GM regained full control of the brand. Nick Reilly, Chief Executive Officer of Opel, said today that the brand will invest €11 billion ($15 billion USD) by 2014, a move that will reinvigorate 80 percent of Opel/Vauxhall carlines, while placing a strong emphasis on [...]
As if Toyota didn’t have its hands full already, federal safety officials said today that they are looking into complaints from Toyota Corolla drivers about an issue with the steering on their vehicles. Officials said that the National Highway Traffic Safety Administration has received close to 80 complaints from drivers of 2009 and 2010 Toyota [...]
Hyundai’s Chairman Chung Mong-koo today was ordered today by South Korean court to pay up almost $60 million in damages to the automaker to compensate it for losses resulting from his business decisions. The ruling in the Seoul Central District Court follows Chung’s 2008 conviction of embezzlement and breach of trust. Chung was given a [...]
Volvo today took the covers off of its 2011 Volvo S60 sedan, which will make its debut at the 2010 Geneva Motor Show next month. According to Volvo, the 2011 S60 is the most “dynamic car model” it has ever produced. “This project has been about pure passion for the task of driving Volvo’s chassis [...]
Hidden within the press release about the Toyota Prius recall, ToMoCo announced a “˜voluntary safety recall” on approximately 7,300 early production 2010 Camrys. The excerpt from the press release is as follows: Separately, Toyota will conduct a voluntary safety recall on approximately 7,300 early production – 2010 model year Camry vehicles equipped with the 4 [...]
Unlike at the Detroit auto show, Nissan will in fact have a booth at this year”s Chicago auto show, mainly because it is geared towards consumers, as opposed to Detroit, which is geared towards the industry. With increasing sales, Nissan saw an opportunity to address their third-largest metro market. With less than a dozen unveilings, [...]
Toyota Motor Corp. has received a stay of execution it would seem, as the House Oversight and Government Reform Committee canceled hearings set for Wednesday because of the second massive snowstorm in two weeks headed straight for the capital. The hearing has been tentatively rescheduled for Feb. 24, two days before the House Energy and [...]
