Toyota is going to be giving its lineup a refreshed look as per Akio Toyoda”s desire to make the company”s vehicles more emotionally appealing. The new look will be widely applied to make the model range appear more consistent, and will serve to make the smaller models appear bigger and not have the the bigger [...]
After being dominated by Lexus for the past decade, the top spot in the U.S. luxury market is about to be taken over by Mercedes-Benz. While Lexus jumped 19% in deliveries during the first half of this year, Mercedes-Benz increased 25%. Lexus is in real danger of seeing their 2.1% market share dip to 1.98, [...]
There had been an immense amount of speculation over the date of the much ballyhooed GM IPO, and it looks as if the time has finally arrived. Two people with direct knowledge of the preparations say that the registration with the SEC will be filed the week of August 16 of this year. The August [...]
Ford, which announced a second quarter 2010 net income of $2.6 billion, estimates that it will spend nearly $500 million to shutdown its Mercury brand, CFO Lewis Booth said. Speaking to Automotive News Booth, said that Ford spend $247 million in the first half of 2010 to cover the cost of ongoing dealer reductions and [...]
FoMoCo reported a finding on Wednesday that aftermarket replacements for critical safety parts on a car or often inferior to OEM parts. This is a real issue, considering that insurance companies often pressure consumers into cheaper aftermarket parts for repairs. The company says that it will be pushing for some sort of review and standardization [...]
BMW is recalling over 6,000 units of the 2010 to 2011 model year 5-Series Gran Turismo due to a glitch in the vehicle’s fuel-storage and gauge. “The vehicle’s fuel-level sensor within the fuel tank can become wedges against the tank,” the National Highway Traffic Safety Administration said in a statement. “If this occurs, the fuel [...]
There will be many products that will come out as a result of the recent tie-up between Daimler and Renault-Nissan and one of them is reported to be the return of the Smart Roadster. Sources say that a new Roadster is just one of the several future models being discussed for the Smart brand as [...]
Chrysler has finally released live images of the new 2010 Mopar Dodge Challenger, which will hit dealerships starting next month with a starting price tag of $38,000 for an automatic transmission and $39,000 for a manual (both prices include $750 for destination). The 2010 Mopar Dodge Challenger is based on the 5.7L V8 Challenger R/T but [...]
It was reported yesterday that FoMoCo is scheduled to show the next-generation Ford Focus ST at the 2010 Paris Motor Show in October. However, many Focus enthusiasts are wondering what the automaker has in store for the next-generation Focus RS. Click here for more news on the Ford Focus. Derrick Kuzak, Ford’s head of global [...]
While many of you were drooling over the recently released details and a picture of the Ferrari 458 Italia Challenge, photo rendering artist Jon Sibal was busy dreaming up a Ferrari 458 Italia GT as the replacement for the F430 GT. “I basically just used the current F430 GT for some ideas for the 458 GT,” [...]
