We’ve seen so much interest from new owner Spyker to build an Audi A1 fighting Saab 9-2 that it seems like the car is already rolling down the production line. There is even a huge interest from Saab fans who have already started a “Saab 91 Petition & Support Group” on Facebook. The latest reports [...]
About a year ago, everyone was angered and critical of General Motors laying off workers in the United States – many still are and probably have a good reason to be. Nonetheless, things seem to be getting better as GM added or recalled 6,900 workers in the United States since coming out of Chapter 11 [...]
Earlier this year, Hertz had agreed to buy Dollar Thrifty Automotive Group Inc. for about $1.2 billion in cash and stock – then rival Avis came along and said that they”ll beat Hertz”s offer and put out an offer of $1.35 billion to the executives at Dollar Thrifty. Well, Dollar Thrifty has rejected the bid from [...]
So you’re pretty excited that the Ford Mustang GT is now powered by a 5.0L 4-valve Twin Independent Variable Camshaft Timing (Ti-VCT) V8 engine production 412-hp with a peak torque of 390 lb-ft. While what resides under the hood may sound all fine and dandy, what do you do if you’re not a fan of [...]
About a year ago, Lamborghini introduced a special edition Gallardo to honor Valentino Balboni, a man who started his journey at the company as a mechanic apprentice and was then asked by the founder to test drive every single new Lamborghini model. Known as the Lamborghini Gallardo LP 550-2 Valentino Balboni, the model drops the [...]
Tesla Motors reported a second-quarter loss on higher research and development costs as the Palo Alto, California based automaker prepares to launch the Model S electric sedan in 2012. Tesla reported a second-quarter net loss of $38.5 million, compared to a loss of $10.8 million a year ago. Revenue for the electric-car maker was $28.4 [...]
About 3 months ago, history was made as Dr. Peter D. Williamson’s foundation sold the late car collector”s 1936 Bugatti 57SC Atlantic to the Mullin Automotive Museum in Oxnard, Ca., for between $30 million and $40 million. The vehicle is known to be the world”s most expensive car ever and is now on display at [...]
We’re pretty excited to see the Fiat 500 make its U.S. debut in 2011 but we’d be more excited to see the Abarth 695 Tributo Ferrari version make it to the stateside… well, that was until we learned the price that we might have to pay for the Ferrari inspired model. Fiat announced today that [...]
We’ve been hearing a lot about new Jaguar and Land Rover vehicles in the works but nothing has been officially confirmed by the brand’s owner, Tata… until now. For a while rumors have been flying around that Jaguar is working on a station wagon variant of the XF and a new roadster known has the [...]
For a while now it was reported that the Fiat based successor to the Chrysler Sebring and Dodge Avenger would be built in Italy. However, reports coming out Italy now say that Chrysler Group / Fiat SpA CEO Sergio Marchionne has decided to built the successor to the two models in the Unites States instead [...]
