Ikuo Maeda is the new design chief of Mazda Motor Corp and has a very interesting nickname – “Speedy.” Apparently he earned the nickname for his lead-footed driving on the race course and off that has gotten his license revoked twice. Maeda originally designed the new body of the RX-8 but a generation before, his [...]
The 510-hp V12 engine of the Aston Martin DBS is already a very impressive performer allowing the coupe to go from 0-62 mph in 4.3 seconds with a top speed of 191 mph. Well, there are a few out there that believe a little jump in the power of the V12 can make for a [...]
It was reported last week that the Department of Transportation is hearing back from Toyota owners who say they are still experiencing unintended acceleration issues after their recalled vehicles were fixed by Toyota dealerships. During a press event yesterday, Toyota said that the fixes being made to correct the unintended acceleration in millions of recalled [...]
Last week, General Motors announced that it will invest 1.9 billion euros ($2.57 billion USD) towards the restructuring of Opel, more than tripling its previous pledge of 600 million euros. Why? Well, because Opel is to GM of Europe what Chevrolet is to GM of Detroit. According to a report by the Free Press, Opel [...]
While Toyota was trying to prove to the media and the public that there is nothing electronically wrong with their gas pedal issue, a runaway Toyota Prius in San Diego had a driver calling 911 for help after his hybrid hit speeds of up to 94 mph. James Sikes, 61, was driving down a San [...]
Genesee County Circuit Judge Archie Hayman has ordered Toyota’s top two U.S. executives to appear for questioning before the attorneys for the family of Guadalupe Alberto. Alberto was killed in a car accident in April of 2008 whereby her Toyota Camry is said to have unintentionally surged in speed from 25 to 80 mph near [...]
In order to raise up to $429 million worth of shares, Daimler has decided to dump its stake in Tata Motors Ltd. Daimler currently controls 25.6 million shares of the company, and is looking to divest for anywhere between 737.4 rupees ($16.2) to 761.3 rupees per share; 4-7% below Monday’s closing price of 796.75 rupees. [...]
Toyota is set to begin operating its newest American plant in June of 2011, according to a Japanese newspaper. The new plant, which is located in Mississippi, was originally slated to commence operation in the second half of 2010, but Toyota suspended construction work on the facility due to declining U.S. auto sales. The new [...]
Lexus currently has no plans to offer a V8 ‘F’ version of the new Lexus IS C convertible, however, it will build 100 special-edition vehicles of the IS C with F-Sport Performance Accessories. Prices of the 2010 Lexus IS 350C F-Sport Special Edition will start at $57,500 (not including a delivery, processing and handling fee of [...]
Earlier this morning, Toyota held a webcast to demonstrate that the research conducted by David W. Gilbert, a professor at Southern Illinois University Carbondale, created a situation that they said is unrealistic in the real world. Independent and Toyota engineers duplicated the demonstration referenced by Gilbert in his Congressional testimony. The point of the presentation [...]
