BMW executives admit they were wrong with the model mix on the new 2011 BMW 5-Series Gran Turismo, which has been bringing in some sluggish sales figures. As of right now, BMW is only selling the 2011 550i Gran Turismo with rear-wheel-drive and its 4.4L twin-turbo V8. “The V8 was probably not the right car [...]
Toyota said it will stop sales of its Lexus LS sedan for about three weeks as it comes up with a fix for the steering system. On Friday, Toyota announced a voluntary safety recall on approximately 3,800 late 2009 and certain 2010 model year Lexus LS 460 and LS 600h L vehicles in the United [...]
FoMoCo announced today that it is investing $135 million to design, engineer and produce key components for its next-generation of hybrid-electric vehicles. Ford will be moving work currently performed in Mexico by a supplier to its Rawsonville Plant in Ypsilanti, Michigan, which will assemble the battery packs beginning in 2012. The Dearborn automaker’s Van Dyke [...]
As Ram and Dodge travel down a different road, the Ram brand will move forward keeping the old ram’s horn logo while Dodge vehicles will simply get a logo saying “Dodge.” Hoping to keep its sporty/youth oriented niche without the Ram pickups, Dodge CEO Ralph Gilles adopted the two red slashes of Chrysler’s SRT performance [...]
Early May auto sales figures show that Toyota’s sales are down 15 percent from the same period in April despite heavy incentive spending. On the other hand, General Motors and Nissan are enjoying an increase in sales from a month earlier. “Toyota’s incentive program is falling on deaf ears. Most people who were open to [...]
There is no surprise here. According to the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety, the safest drivers on the road are in the age group between 64 and 69 years old. A study conducted by the two government agencies shows that teenage drivers are the most dangerous drivers on [...]
Earlier this month, General Motors announced that Joel Ewanick will replace Susan Docherty as vice president, U.S. Marketing, effective today. Well, May 24 is here and Susan Docherty has been given new responsibilities at the Detroit automaker and has been appointed GM’s Vice President, International Operations Sales, Marketing and Aftersales. Starting June 1, Docherty will [...]
Last week Ford released a video of its SVT team hitting up the Virginia International Raceway (VIR) with the 2011 Ford Shelby GT500. The 2011 model brought in a lap time of 2:58.48, which was over eight seconds faster than the 2010 Shelby GT500. While last time we only got a cockpit view of the [...]
Fiat USA is really excited for the arrival of the Fiat 500 to the United States, and wants to get your opinion on what logo you prefer for the hatchback on the stateside. The Fiat 500 will be available in North America with a 1.4L Multiair engine in the fourth quarter of 2010. It will [...]
Luca di Montezemolo, Ferrari’s president, says he misses working with F1 legend Michael Schumacher. The race-car driver, who won five world championships for the automaker, stayed with the team on as a consultant basis after retiring from Formula 1. “We had beautiful years together and I gave him back his desire to race,” di Montezemolo [...]
