Archive | April, 2010
Audi launches social media competition for Iron Man 2, winners get a lot of cool stuff

Audi launches social media competition for Iron Man 2, winners get a lot of cool stuff

To celebrate the brand placement of the R8 Spyder in Iron Man 2, Audi is launching a social media competition called “The Tony Stark Innovation Challenge.” Starting tomorrow, consumers can submit two-minute videos that showcase their ideas of better living through the use of technology. All participants are required to use Facebook, Twitter, MySpace and [...]

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Lotus Engineering produces 2020 Toyota Venza concept to demonstrate weight-reduction

Lotus Engineering produces 2020 Toyota Venza concept to demonstrate weight-reduction

Being associated with Toyota these days isn’t something to be very proud of; however, if you’re Toyota, than being associated Lotus Engineering probably works out in your benefit. The Lotus Engineering team conducted a study to develop a commercially viable weight reduction strategy for mainstream passenger cars. The concept focuses around the current Toyota Venza [...]

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Following Toyota recalls, lawmakers seek tougher safety measures

Following Toyota recalls, lawmakers seek tougher safety measures

In the wake of the Toyota situation, chair of the Senate Commerce Committee Jay Rockefeller and chair of the House Energy and Commerce Committee Henry Waxman have announced that they will work together towards legislation to improve automobile safety. Rockefeller, D-W.Va., said he plans to introduce a bill soon “that will hold automakers to a [...]

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Jaguar XF Diesel S police patrol vehicle goes into service

Jaguar XF Diesel S police patrol vehicle goes into service

Serving and protecting your country is never a bad thing, but it only gets better when your cruiser is a hot car – we’re pretty sure it makes a tiring day on any job go by quicker. Well, if there is one place we’d love to serve and protect, it will have to be the [...]

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GM to invest $890 million in five plants to build cleaner, fuel-efficient engines

GM to invest $890 million in five plants to build cleaner, fuel-efficient engines

After announcing that it has paid back its U.S. and Canadian Government loans and that it will invest $257 million at its Fairfax Kansas and Detroit Hamtramck assembly plants to build the next-generation Malibu – the General is back with some more good news. GM announced today that it will invest $890 million to build [...]

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Hyundai Sonata Coupe a possibility?

Hyundai Sonata Coupe a possibility?

According to the folks at Inside Line, since Hyundai has already introduced a turbocharged and hybrid version of the 2011 Sonata, a Sonata coupe may be the next logical extension to the lineup. Since the rear-wheel-drive Genesis coupe already occupies the sporty end of things for Hyundai, a front-wheel-drive coupe could give the South Korean [...]

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Porsche recalls Panamera sedan, fears losing reputation for quality

Porsche recalls Panamera sedan, fears losing reputation for quality

Porsche has recalled every Panamera sedan it built only months after the model went on sale, in what is being called a “severe dent” on the company’s sterling reputation for quality. The recall consists of 11,300 Panameras being recalled to fix possible faulty seatbelt tensioners. Porsche, which has repeatedly received top marks from J.D. Power [...]

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The first pre-production 2012 Opel Ampera produced in Michigan

The first pre-production 2012 Opel Ampera produced in Michigan

The first pre-production 2012 Opel Ampera, the Chevy Volt’s European sibling, rolled off the assembly line at GM”s Pre-Production Operations assembly line in Warren, Michigan on April 23. “We”re right on target for producing the Ampera for European markets later next year,” said Andrew Farah, Vehicle Chief Engineer for the Ampera “There”s still work to [...]

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Ford Motor Co. posts $2.1 billion profit in first quarter of 2010

Ford Motor Co. posts $2.1 billion profit in first quarter of 2010

FoMoCo today announced that its first quarter 2010 net income came in at $2.1 billion, or 50 cents per share, a $3.5 billion improvement from the same period a year ago. Ford says the number moved up due to strong selling new products, improvements in its global Automotive operations, and higher profits at Ford Credit [...]

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Hertz agrees to cash out $1.2 billion for Dollar Thrifty

Hertz agrees to cash out $1.2 billion for Dollar Thrifty

Hertz Global Holdings Inc., the car-company formerly held by Ford, has agreed to buy Dollar Thrifty Automotive Group Inc. for about $1.2 billion in cash and stock. The offer is worth $41 a share, a 5.5% premium from April 23. The Park Ridge, N.J. company adds the names Dollar and Thrifty to its family, which [...]

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