Toyota, the biggest seller and manufacturer of hybrid vehicles, said that it has cut the cost of producing fuel-cell vehicles by 90 percent since the mid-2000s. The Japanese automaker said that it may be able to price its first retail hydrogen model at about $50,000 and may have it on the roads by 2015. Yoshihiko [...]
FoMoCo announced today that its 3.5L EcoBoost 6-cylinder engine isn’t only attracting more affluent customers to its brands but is also delivering some of the highest customer satisfaction scores for overall engine performance the company has ever seen. “We are winning import buyers with EcoBoost,” says Amy Marentic, Ford”s North American group marketing manager for [...]
Following the recent video of the Ferrari 599XX tearing up the Nurburgring in 6:58.16 – we can’t wait for a video of its closely related Ferrari 599 GTO circling the famous track. Until we wait, Ferrari has released a short video of the 599 GTO circling the Mugello Track north of Florence, Italy. Click here [...]
Audi’s new A7 is in the final stages of development and is on schedule to be unveiled at the 2010 Paris Motor Show in September, well, at least according to sources that spoke with AutoCar. Also in the works is a RS variant of the new A7. The range-topping Audi RS7 will be powered by [...]
Muscle car buyers aren’t like shoppers shopping in a different car segment. They are always well-informed, up-to-date on what’s coming out next and always want more horsepower than their muscle-car enemies. With that in mind, Ford Mustang sales dropped a whopping 33.2 percent in April to 5,145 due to the fact that many are waiting [...]
Buick will eventually get rid of the somewhat confusing CX, CXL and CXS trim level badging in the 2012 model year. Instead it will opt for what is called “stair-step” packages instead, said Craig Bierley, Buick-GMC director of advertising and sales promotion. “It isn’t befitting a premium brand. No other premium brand has those designations,” [...]
General Motors has released a walk-around video of the new 2011 Cadillac CTS-V Sport Wagon, which will hit markets in late 2010, shortly after the CTS-V Coupe. Check out the video after the jump. Click here to read our review of the 2010 Cadillac CTS-V Sedan. Refresher: Power for the 2011 CTS-V Sport Wagon comes [...]
Geely is planning to make big headlines when it steals the title of the world’s cheapest car from the Tata Nano, which costs $2,500. According to a report by AutoCar the Geely subcompact will based on the Intelligent Geely (IG) concept shown at Beijing and will cost between $1,500 and $2,000. Geely, which recently purchased [...]
BMW, the world’s largest luxury automaker, is own its way to significantly reduce spending on components and suppliers by 4 billion euros ($5.2 billion) by 2012. The cut in spending will come with some assistance from a partnership with Daimler AG’s Mercedes-Benz unit, BMW’s closest rival. Herbert Diess told Bloomberg that talks between BMW and [...]
As should come to no surprise to anyone who follows the auto-market, smaller cars are gaining in popularity with buyers from all walks of life. As the industry rebounds from the worst recession in decades, small-cars hold a 20% market share, up 50% from just 6 years ago. Of course people love to boast about [...]
