Archive | July, 2010
Volkswagen reports biggest quarterly profit in 2 years on U.S., China demand

Volkswagen reports biggest quarterly profit in 2 years on U.S., China demand

Volkswagen has been saying for some time now that it plans to take over Toyota”s spot as the worlds leading car manufacturer, and seem to be headed in the right direction as the company just announced its biggest quarterly profit in 2 years based on increased demand in China and the U.S. for the Golf [...]

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2011 Nissan Rogue gets refreshed, facelifted and upgraded

2011 Nissan Rogue gets refreshed, facelifted and upgraded

Tomorrow at the 23rd Annual International Z Car Convention in Nashville, Nissan North America will unveil the new redesigned 2011 Nissan Rogue. Nissan says that the 2011 model year Rogue gets “gets an upgraded look inside and out (you’ll have to look closer)  including exterior, interior, comfort and convenience, and audio and entertainment system enhancements.” [...]

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Obama: Taxpayers will get their auto bailout loan back

Obama: Taxpayers will get their auto bailout loan back

President Obama said on Thursday that taxpayers will in fact be repaid for the portion of the auto bailout that his administration infused, in his praise of the industry. According to the most recent government estimate, taxpayers stand to lose about $24.3 billion on the entire bailout ($25 billion was advanced by Bush before leaving [...]

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Report: Demand for gasoline lowest since June 2004

Report: Demand for gasoline lowest since June 2004

The American Petroleum Institute reports that levels of demand in gasoline have fallen to levels not seen since June 2004, spurred on by an overall increase in the fuel-efficiency of the U.S. vehicle fleet and the sluggish economy. In June, Americans were consuming on average, 9.18 million barrels of gasoline per day, 0.5% lower than [...]

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President Barack Obama test drives the Chevrolet Volt, says it’s ‘pretty smooth’

President Barack Obama test drives the Chevrolet Volt, says it’s ‘pretty smooth’

During his visit to three plants in Michigan today, President Barack Obama stopped by GM’s Detroit-Hamtramck assembly plant and took a spin in a black 2011 Chevrolet Volt and took a 40 feet test-drive in the new electric-vehicle with extended range capability. Click here for more news on the Chevrolet Volt. “Pretty smooth,” the President [...]

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Toyota to discontinue 4-cylinder 4Runner due to sluggish sales

Toyota to discontinue 4-cylinder 4Runner due to sluggish sales

Due to low demand, Toyota has decided to discontinue the 4-cylinder version of the new 2010 4Runner. While there aren’t exact numbers on how many 4-cylinder 4Runners were sold, insiders say that the V6 model accounted for well over 90 percent of the model’s sales. What’s the reason for the low demand? The 2.7L DOHC [...]

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Porsche Cayman Clubsport reported to debut at 2010 LA Auto Show

Porsche Cayman Clubsport reported to debut at 2010 LA Auto Show

Later this year, we will head to Los Angeles for the 2010 LA Auto Show and according to latest reports we’ll be welcomed by a hardcore, lighter version of the Cayman S. Said to be called the Cayman Clubsport, the model will make its debut at the show in LA and will go on sale [...]

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Chevrolet introduces new sales tool app for iPad, iPhone, iPod touch

Chevrolet introduces new sales tool app for iPad, iPhone, iPod touch

General Motors announced that Chevrolet will be the first automaker to have a sales app for the Apple iPad, iPhone and iPod touch which will allow salespeople to help customers research a vehicle, add options and get purchase or lease terms. “Chevrolet Dealer allows us to spend less time behind our desks and more time [...]

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GM EN-V Concept goes for a joyride in Shanghai

GM EN-V Concept goes for a joyride in Shanghai

Remember the GM EN-V Concept? It’s that urban mobility concept produced by General Motors of China and its strategic partner, Shanghai Automotive Industry Corp. Group. Urban mobility concepts are huge on the other side of the world and studies show that by 2030, urban areas will be home to more than 60 percent of the [...]

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Report: Toyota secures new trademark for ‘Supra’ name

Report: Toyota secures new trademark for ‘Supra’ name

We’ve heard a lot of rumors recently on Toyota reviving the ‘Supra’ brand and coming out with a successor for the sports car in four years time – well, all that might actually become a reality. According to CARandDRIVER, Toyota has applied to trademark the Supra name. The documents were filed with U.S. Patent and [...]

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