As promised, Ferrari has unveiled that fastest ever road-going Ferrari at the 2010 Beijing Motor Show. “The 599 GTO is, in fact, the company’s fastest ever road car,” Ferrari says in its press release. “It is an exclusive limited edition special which, in true Ferrari tradition, is a completely new concept, albeit inspired by a [...]
Toyota will be extending its 0% interest loans and discount lease incentives for another month on most U.S. models and expanding an offer of two years of free maintenance to hold onto sales after record recalls battered its market share. The 0% financing is available for as long as five years on the 2010 Camry, [...]
A four-seater Smart model is likely to come to the United States as a part of the new Renault-Nissan and Daimler AG alliance, according to Daimler CEO Dieter Zetsche. Zetsche said that having a partner to develop the four-seater Smart “was a prerequisite” for expanding the brand’s lineup. “We could not have found a feasible [...]
FoMoCo has launched its new campaign called “Swap Your Ride,” which will run through May 31. The campaign consists of more than dozen TV spots featuring Mike Rowe as he visits individuals whose vehicles were swapped with Ford models for a week. The campaign is a part of an incentive that is offer 0% apr [...]
As a part of Renault-Nissan and Daimler AG’s new alliance, Infiniti’s G lineup will receive Mercedes-Benz engines. Renault SA and Nissan Motor Co. CEO Carlos Ghosn said that the G lineup will get Mercedes-Benz’s inline 4-cylinder engines to improve fuel-economy figures and curb emissions. Ghosn did not say when the new engines will make their [...]
General Motors told its dealers earlier this morning that it is shutting down its Hummer brand for good. After a possible sale to Tengzhong Heavy Industrial Machinery failed to receive Chinese government approval in February, GM said it will consider other offers for the SUV brand. After failing to come to terms with other offers, [...]
Aston Martin has announced that it will return to the legendary Nordschleife circuit for the 5th consecutive year at the 38th ADAC Nurburgring 24 hour Race with it’s new four-door sports sedan – the Aston Martin Rapide. Aston Martin said that the Rapide will see little changes for the race besides some of the mandatory [...]
According to a Ford insider, the limited-edition Ford Focus RS500 sold out within 12 hours of being revealed, even though FoMoCo has yet to announce prices. The source said that despite Ford being forced to unveil the car 48 hours earlier than planned, it received over 500 expressions of intent to purchase. “From that moment [...]
Chrysler will celebrate the final year of production of the current-generation Dodge Viper with a limited production run of 50 units of the 2010 SRT10 “Final Edition.” The 2010 Dodge SRT10 Final Edition Viper is available in coupe, roadster and ACR (American Club Racer) model configurations. The Final Edition Viper exterior features a Graphite Clear [...]
During a conference call earlier today, General Motors’ CFO, Christopher P. Liddell, said that the company lost $4.3 billion in the 6 months after coming out of from bankruptcy protection. Liddell said that the company had a positive cash flow of $1 billion during the period. Liddell said he expects GM to hit profit in [...]
