If you took a walk around New York City any day of the week, you’re bound to see either a Toyota Prius Taxi, a Ford Escape Hybrid Taxi or a Nissan Altima Hybrid Taxi – they are starting to become more and more apparent in an ocean filled with yellow Ford Crown Victoria cabbies. While [...]
Along with the recall of 373,000 Toyota Avalons, the Japanese automaker is recalling 39,000 2003-2007 model year Lexus LX 470 vehicles due to an issue with the steering shaft – bringing the total to more than 400,000 vehicles recalled today. Lexus’ explanation of the Lexus LX 470 recall: Lexus has determined that the construction of [...]
Toyota announced today that it intends to conduct a voluntary recall of approximately 373,000 2000-2004 model year Toyota Avalon sedans sold in the United States to address an issue that could cause the vehicle’s steering lock bar to break under certain conditions. No other Toyota or Lexus vehicles are involved in this recall. Here is [...]
Kia has had some nice success with the new Soul compact car, but remains unsure if it wants to venture into offering additional variants of the model. While sales of the Soul through June were up an outstanding 156.3 percent from a year ago, outpacing competitors including the Scion xB and the Nissan Cube, officials [...]
Chevrolet has certainly generated a lot of buzz around the Volt, having produced a vehicle that could go 40 miles without burning a single drop of gasoline. Though GM was able to achieve this feat, it came at a price. Though GM wasn”t so quick to announce it; their just-released standard equipment sheet shows that [...]
The Chrysler Group came out on top in 70% of the arbitration cases filed against it; having prevailed 73 times out of 105. Chrysler rejected 789 dealerships as part of last year”s bankruptcy, but was forced to establish an arbitration process, as was GM, in order to hear the arguments of those dealers seeking reinstatement. [...]
Kia Motors is hitting the internet in search of talent to promote the Kia Soul. The YouTube contest will take submissions from viewers of videos based around the Soul, and will be judged by viewers starting on August 20. YouTube celebs SMOSH, ShayCarl, and Lisa Nova will also be judging. The top eight finalists as [...]
According to two sources close to the situation, FoMoCo plans to have its sale of Volvo to Chinese company Zheijang Geely Holding Co. completed next week. Ford is selling the Swedish company for $1.8 billion, taking a loss of more than two-thirds on their purchase price back in “99. Execs from both companies are really [...]
After all the waiting, rumors and reports, Porsche today announced that it has officially given the green light to the series development of the Porsche 918 Spyder. “Reflecting the overwhelming response from the public and customers to the Concept Study, the Supervisory Board gave Porsche”s board of Management the mission to develop a production model [...]
General Motors said today that the resale value of the Cadillac CTS is projected to rise as the luxury brand adds the 2011 Cadillac CTS Coupe to the nameplate lineup. According to the July/August estimated from ALG, the resale value for the 2011 CTS Sport Sedan after 36 months is projected to be 55 percent [...]
