Mitsubishi announced today that the 2011 RVR (known as ASX in Europe) has sold over 5,000 units in its first month on sale in Japan. Officials had originally hoped to sell 1,500 units on a monthly basis, but have already sold a total 5,169 units. Of the units sold, 75 percent are of the highest [...]
Renault and Daimler have been in talks of entering into an equity tie-up a spart of a long-term partnership, and now Nissan may join the table. “We are talking with many companies, many partners but I don’t want to make any comment on something that is absolutely not decided or something which has absolutely not [...]
Volkswagen yesterday held the official launch of its new R GmbH brand, a department that will be responsible for sporty exclusive models from V-dub in the future. But if you’re itching to get your hands on an R GmbH developed Volkswagen in the U.S. – don’t hold your breath. Whether U.S. consumers will benefit from [...]
Scion announced today that it has restyled (facelifted) the xB for the 2011 model year. The exterior of the 2011 Scion xB gets a more aggressive look with a new front bumper, new front grille, new headlights, new rear bumper, new taillights, enlarged outer vents, single rear backup lamp and seven exterior colors including the [...]
Toyota told federal auto saftey regulators that the computer flaws in up to 1.2 million Corolla and Matrix models that can cause engine stalling does not pose ‘an unreasonable risk’to safety, though the company is considering how to go about addressing the issue. Among the other issues facing Toyota, the NHTSA opened a probe this [...]
Since we’re affiliated with some pretty cool companies, we have received the full pricing details on the 2011 Ford Mustang V6 and 2011 Ford Mustang GT. The 2011 Ford Mustang V6 Coupe will carry a starting price tag of $22,145 while the 2011 Ford Mustang GT Coupe will start at $29,645. Here is the complete [...]
Earlier this morning we brought you news about GM’s new head-up display technology that takes the current feature to the next level. The new system can use compact lasers and the lane detection system to project virtual road lines onto the full windshield to help driver”s stay on track. it can also highlight objects on [...]
Almost an year ago, Fiat SpA CEO Sergio Marchionne gave Barbie a pink Fiat 500 for her 50th birthday, making Ken very jealous. This year, Marchionne is at it again and is launching a 500C Pink. Even more limited than the Fiat 500 Pink hatchback, the Fiat 500C Pink will see a limited production run [...]
It was reported earlier this month that BMW is considering a new front-wheel-drive entry-level model that will be positioned under the existing 1-Series. CEO Norbert Reithofer confirmed today that BMW is indeed working on a front-wheel-drive and four-wheel-drive architecture that will underpin a new range of entry-level BMW vehicles along with the next-generation Mini models. [...]
General Motors has a reasonable chance to become profitable this year, according to new Chief Financial Officer Chris Liddell. In a recent interview with reporters at the Renaissance Center, Liddell discussed the efforts that GM is making to sell shares to become a publicly traded company. The press meeting was a coming out party for [...]
