Tesla Motors will be bringing its right-hand drive all-electric Roadster to Japan. The company said that it will ship a dozen Japan Signature Series Roadsters from Port Hueneme, California to Yokohama in early May for delivery to select customers throughout Japan. “With its combination of high-level car enthusiasts and interest and appreciation of cutting edge [...]
After waiting forever to get new products, Scion finally received some attention at the 2010 New York Auto Show. The 2011 Scion tC will go on sale in dealerships later this fall while the Scion iQ will go on sale in early 2011. “The all-new tC features styling that is both refined and aggressive, appealing [...]
It was reported earlier this morning that Maserati is planning a competitor for the BMW 5-Series. According to AutoExpress, the model will be a direct competitor to the E63 AMG, BMW M5 and the upcoming S7 version of the Audi A7. Technical specs are a bit scarce but it is said that the model will [...]
At his presentation about Fiat Group’s 5-year business plan in Turin, Italy, CEO Sergio Marchionne said that Ferrari will launch four new models within the next three years. Fiat SpA owns 85 percent of the Italian supercar manufacturer. Marchionne said that Ferrari’s future products for the next five years will focus on increased product differentiation [...]
General Motors’ Chairman and CEO Ed Whitacre is starring in his second commercial for the Detroit automaker. Whitacre uses the commercial to spread the word that it has paid back loans to U.S. and Canadian governments. “We have repaid our government loan in full, with interest, five years ahead of the original schedule,” GM said. [...]
We’re slowly getting more information on Fiat Group’s role here in the United States as Sergio Marchionne reveals his 5-year business plan for the Italian automaker today in Turin, Italy. Following the Fiat 500 later this year, Marchionne says that Fiat’s Alfa Romeo brand will come to the stateside by 2012. Leading the charge will [...]
Even though the Toyota FT-86 is more than a year away from going sale, insiders say that development costs of the Toyota/Subaru mash-up vehicle will result in a more expensive product than originally estimated. When the Toyota FT-86 Concept made its debut at the 2009 Tokyo Motor Show, the automaker’s executives said that they are [...]
During his presentation of Fiat Group’s 5-year business plan, Sergio Marchionne, who is also CEO of Chrysler Group LLC, lashed out at critics who say his companies are not addressing the flaws of their business. Marchionne called critics “fundamentally offensive,” “based on absolute hogwash” and “wholly unjustified.” “I will not accept the criticism that does [...]
Saab today announced pricing on the all-new 2010 Saab 9-5 sedan. “The new 9-5 Sedan stays true to its unique Swedish heritage and Saab DNA. The 9-5 showcases progressive Scandinavian design, an exhilarating driving experience and responsible performance with its all-turbo powertrain line-up,” said Mike Colleran, Saab Cars North America President and COO. “Saab”s distinctive [...]
Chrysler Group LLC today announced its financial results for the first quarter of 2010. The Auburn Hills automaker posted a $143 million operating profit and showed positive cash flow for the period ending March 31, 2010. “This positive operating result in the first quarter is a concrete indication to our customers, dealers and suppliers that [...]
