Land Rover has officially confirmed that it will introduce a 2WD option in addition to the 4WD derivative of its new compact Range Rover, also known as the LRX. The 2WD model will go on sale in 2011 along side the 4WD model and will emit less than 130g/km of CO2, making it the lightest, [...]
It was reported last week that General Motors is working with Google to come up with a rival in-car technology system to Ford’s Microsoft SYNC – well, that’s not entirely true (at least not for now). General Motors announced today that it is working with Google to beef up its Chevrolet Volt app that it [...]
By now most of you BMW fans already know that the company’s motorsport division won the 2010 24-hour race at the Nurburgring-Nordschleife on Sunday with the M3 GT2. According to some sources (or rumors), BMW is now working on a limited edition version of the M3 GTS to celebrate the Nurburgring victory. To be called [...]
Besides announcing that its 2011 Ford Fiesta will average an EPA certified best in-class highway fuel-economy of 40 mpg, FoMoCo announced today that it will launch a new advertising campaign for its new compact starting tomorrow. The campaign will be built around the theme, “It’s a pretty big deal.” “The new Fiesta will deliver up [...]
Team BMW Motorsport took the victory at the 2010 24-hour race at the Nurburgring-Nordschleife on Sunday, five years since the manufacturer”s last victory. The no. 25 BMW M3 GT2 claimed BMW”s 19th victory at the endurance classic, which was piloted by with Jorg Muller (DE), Augusto Farfus (BR), Uwe Alzen (DE) and Pedro Lamy (PT) [...]
The Wall Street Journal has reported that the Treasury Department is interviewing Wall Street bankers so that they may advise the department on a GM initial public offering. GM CEO Ed Whitacre said last month after a meeting with Treasury Secretary Timothy Geitner and House Speaker Nancy Pelosi, that a GM IPO was a strong [...]
Japanese electronics giant Toshiba Corp., has said that it is going to be developing lithium-ion batteries with multiple carmakers as it aims to be a part of the pending surge of environmentally friendly cars. So far, Toshiba is set to be the supplier of batteries for Honda electric motorcycles, and an as-of-yet unidentified automaker. Marriages [...]
The United States Treasury Department said Monday it has received a $1.9 billion repayment from Chrysler Holding, which emerged from bankruptcy last year. It said that the $1.9 billion payment was all it expected to recover and will lose $2.1 billion on a loan made to the Auburn Hills in early 2009. Congressional auditors say [...]
The National Highway Traffic Safety Administration said that it has opened an investigation into 33,000 2004 Chevrolet Corvettes over complaints of leaky fuel tanks. NHTSA said that it opened an investigation after getting 30 complaints from customers “alleging either liquid fuel or fuel vapor leaking from a fuel tank.” In 12 of the reports, a [...]
Philadelphia-based national automotive aftermarket and service chain Pep Boys has agreed to pay $5 million in civil penalties for importing and selling Chinese motorcycles, recreational vehicles and engines that did not comply with U.S. Environmental Protection Agency requirements. The case is the largest ever brought by the government under the Clean Air Act. “Equipment imported [...]
