Archive | August, 2010
GM reports second-quarter net income of $1.3 billion

GM reports second-quarter net income of $1.3 billion

General Motors today reported its biggest quarterly profit in six years. The announcement comes a day ahead of an expected IPO filing that will allow the U.S. government to get rid of most of its 60.1 percent stake in the Detroit automaker. GM reported a second-quarter revenue of $33.2 billion and net income attributable to [...]

Continue Reading
Aston Martin design director gets custom Vantage GT4 to race in

Aston Martin design director gets custom Vantage GT4 to race in

What are one of the perks of having your business card read “Aston Martin Design Director?” Well when you decide to go racing in the Aston Martin GT4 Challenge of Great Britain, you can customize your very own Vantage GT4 to compete in. Head of design for Aston Martin, Marek Reichman, will show up in [...]

Continue Reading
OnStar has record navigation requests in July 2010, Wal-Mart was top destination

OnStar has record navigation requests in July 2010, Wal-Mart was top destination

General Motors announce today that OnStar subscribers requested more than 2 million routs in July, a record of direction-seeking OnStar blue button pushes. The OnStar team said that subscribers often sought “the nearest Wal-Mart.” Nearly 40,000 navigation requests were made to Wal-Mart in the United States and Canada. “Whether we route our subscribers to their [...]

Continue Reading
Report: GM may file for public stock offering as early as Friday

Report: GM may file for public stock offering as early as Friday

General Motors Company plans to release information on its second quarter results on Thursday, August 12. Many analysts are going to closely watch the results as GM’s CEO Edward Whitacre has been pretty vocal about his desire to file an initial public offering as soon as possible. According to sources that spoke with CNBC, the [...]

Continue Reading
2011 Ford F-150 gets new powertrain lineup, including V6 EcoBoost and 6.2L V8

2011 Ford F-150 gets new powertrain lineup, including V6 EcoBoost and 6.2L V8

Ford has been pushing their new, environmentally friendly Eco-Boost engines, and this talk has been substantiated with the implementation of the engine into many different lines- including one of Ford”s most distinguished model lines, the F-150. The 2011 F-150 will have 4 new engines, all coupled to a new, more fuel efficient 6-speed automatic transmission. [...]

Continue Reading
Sport Wheels Audi R8 V10 Spyder pumps out 591-hp

Sport Wheels Audi R8 V10 Spyder pumps out 591-hp

Tuning companies often put out sports packages for moderately fast cars; even sports cars like the Porsche 911 Turbo can see design teams try to upgrade the package. Truly rare, however, is the package for a full-on supercar to receive an extensive tuning and design pack. One such pack has come from Sport Wheels, a [...]

Continue Reading
speedART Porsche Cayenne S speedHYBRID 450 makes 444-hp

speedART Porsche Cayenne S speedHYBRID 450 makes 444-hp

With the release of any new Porsche, tuning companies come out of the woodwork to put their own unique spin on cars that, coming out of the Porsche factory, already possess style and speed. The Cayenne”s V6 by speedART has been bumped to 444 hp, putting out 420 lb-ft of torque and dropping the Cayenne”s [...]

Continue Reading
2011 Nissan Juke prices start at $18,960

2011 Nissan Juke prices start at $18,960

Nissan today announced pricing on the all-new 2011 Nissan Juke, which will go on sale nationwide this October 2010. Prices start at $18,960 for the base Nissan Juke S CVT FWD. “We believe JUKE”s unique combination of motorsports-inspired exterior and interior design and unexpected levels of technology ““ along with a starting MSRP under $19,000 [...]

Continue Reading
Suzuki to attempt 200 mph run at Bonneville with modified 500-hp Kizashi

Suzuki to attempt 200 mph run at Bonneville with modified 500-hp Kizashi

When you think of Suzuki, you hardly think of of high-performance, 200 mph or the Bonneville salt flats. Well, all those things will join forces on Aug. 14 as Suzuki prepares to take a modified version of its Kizashi sedan to Wendover, Utah in hopes of hitting a top speed of more than 200 mph. [...]

Continue Reading
BMW development chief: Gran Coupe coming in 2012, new 6-Series coupe due 2011

BMW development chief: Gran Coupe coming in 2012, new 6-Series coupe due 2011

Shortly after the BMW Concept Gran Coupe made its debut at the 2010 Beijing Motor Show (in fact it was the same day that the car was unveiled), reports of a production model took over the automotive web space. However at that time we hadn’t heard anything ‘official’ from BMW or a BMW executive – [...]

Continue Reading