Archive | May, 2010
Photo Renderings: 2012 Volkswagen Beetle will look sportier, more manly

Photo Renderings: 2012 Volkswagen Beetle will look sportier, more manly

We’ve been eagerly awaiting the arrival of the next-generation Volkswagen Beetle. While we wait, independent designer David Cordoso has drawn up these photo-renderings showing us his interpretation of what the Beetle successor could look like. Cordoso says that he sees the next Beetle to be an emissions-free, fully electric vehicle. It was recently reported that [...]

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Toyoda says Toyota’s problems go years back, wants revive ‘neglected’ Scion

Toyoda says Toyota’s problems go years back, wants revive ‘neglected’ Scion

Toyota’s President and CEO, Akio Toyoda, said that he traces the automaker’s quality and financial woes to 2003, when the company began its ambitious global expansion. He said that winning over new customers in the wake of the company’s recall crisis will be a huge challenge. Speaking to Automotive News over the weekend, the publicity-shy [...]

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Lexus invites consumers to co-star in interactive movie to launch CT 200h

Lexus invites consumers to co-star in interactive movie to launch CT 200h

Lexus is inviting customers to co-star in a new high-def interactive film called “Dark Ride,” which celebrates the U.S. launch of the new CT 200h. In the movie, the new hybrid hatchback from Lexus is piloted by Norman Reedus of the Boondock Saints. While Reedus will be behind the wheels, he will be following the [...]

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Why did Tesla’s Elon Musk make a cameo in Iron Man 2?

Why did Tesla’s Elon Musk make a cameo in Iron Man 2?

We’re hoping that by now most of you have seen Iron Man 2. Of course, if you’re an auto enthusiast then the 10 second cameo by Tesla Co-founder, CEO and Chairman Elon Musk probably had you pretty excited. You were probably sitting next to your significant other going “Hey, it’s Elon Musk from Tesla!,” after [...]

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Tata Motors President resigns to pursue other interests

Tata Motors President resigns to pursue other interests

Tata Motors announced today that its President of the Passenger Car Business Unit, Rajiv Dube, has resigned from the company “to pursue other interests outside the Tata Group.” “Mr. Dube has played an instrumental role in the growth of the company”s passenger car business, since the formation of the division in 1998,” Tata said in [...]

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Rumor: BMW X6 to get a third-row option

Rumor: BMW X6 to get a third-row option

Sources say that BMW will offer its X6 vehicle with an optional third row. Currently, the BMW X6 is fitted with a pair of rear bucket seats that are divided by the center console that runs all the way to the back – making the X6 a 4-passenger vehicle. According to sources that spoke with [...]

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Back in Black: GM reports first quarterly profit in 3 years

Back in Black: GM reports first quarterly profit in 3 years

General Motors announced today that it has returned to profitability in the first quarter of 2010 with revenue of $31.5 billion and operating income of $1.2 billion. Net income attributable to common stockholders was $0.9 billion, resulting in earnings per share on a diluted basis of $1.66. The automaker made a total of $865 million [...]

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Elon Musk’s estranged wife wants $6 million, 10% of his stock, a Tesla Roadster and more

Elon Musk’s estranged wife wants $6 million, 10% of his stock, a Tesla Roadster and more

The revolutionary world of electric-vehicles is generating a lot of buzz in the technology world and now, in a sort of a TMZ way, is generating a lot of buzz in celebrity divorce cases. Co-founder Elon Musk and his wife Justine Musk have filed for divorce, a move that could complicate plans by Elon to [...]

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Report: Infiniti considering coupe and convertible M variants

Report: Infiniti considering coupe and convertible M variants

The Infiniti M is becoming a strong competitor in the mid-size luxury sedan segment, giving Mercedes-Benz’s E-Class and BMW’s 5-Series a little something to worry about. However, Infiniti has yet to offer a competitor to the E-Class coupe and convertible and the 6-Series coupe and convertible. With that in mind, Nissan executives are now discussing [...]

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Porsche counting on V6 Panamera and 2011 Cayenne to increase U.S. sales

Porsche counting on V6 Panamera and 2011 Cayenne to increase U.S. sales

While Porsche’s April sales were up 17 percent when compared with the same period in 2009, U.S. sales have grown only 3 percent. Nonetheless, Detlev von Platen, the CEO of Porsche Cars North America, expects sales to pick up when the redesigned 2011 Cayenne and the V6 version of the Panamera go on sale later [...]

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