McLaren Automotive announced today that their first supercar goes on sale across UK and Europe in spring 2011 with a starting price tag of € 200,000 ($266,808 USD). “To deliver a true McLaren sports car, and, frankly, a reason to exist amongst great competition, it was clear we needed a unique concept that offered tangible [...]
Vehicle Production Group LLC (yes, it’s a very creative name) has received a $50 million conditional loan from the U.S. Department of Energy to build a vehicle that is specifically design for wheelchair users. Known as the MV-1, the vehicle is designed for individual wheelchair users and uses a Ford 4.6L V8 that can run [...]
How hot is the new Fiat 500? Well, apparently it’s really hot in Canada. A special edition version of the Fiat 500, the Prima Edizione, became available to Canadians this yesterday morning one minute after midnight and sold out in just 12 hours. 500 limited-edition models were offered for sale and all were sold with [...]
Mazda today announced pricing for the 2012 Mazda5, which will hit dealerships across the United States in January 2011. The base level Mazda5 Sport will start at $19,990 and is well-equipped with 16-inch alloy wheels with 205/55/R16 all-season tires, power mirrors, air conditioning, power windows and door locks, AM/FM/CD/MP3 stereo with six speakers, audio auxiliary [...]
In a preemptive move to address any possible customer complaints, Nissan is setting up a rapid-reaction task force of technicians and engineers trained in the Leaf’s battery-driven drivetrain, ahead of next months release. The team, based out of California is set up for the purposes of visiting customers who experience issues and nipping problems in [...]
Less than a week after its IPO, GM’s stock is holding steady at $33.60; 2% higher than the offering price of $33. The stock had climbed as high as $35.60. The steady stock price comes in the face of a down broad market, due mainly to geopolitical issues. This has quieted the contention by many [...]
Santa Monica, California start up Coda automotive will delay the launch date of its battery powered sedan until the second half of 2011, interim CEO Mac Heller said at this year’s LA Auto Show. Coda had been planning to start selling their vehicle next month, through a network of factory-owned retail outlets. There are no [...]
Volkswagen AG is steaming ahead in its bid to overtake Toyota as the world’s leading auto manufacturer by 2018, and expects to sell more than 7 million cars this year; a personal best. “The Volkswagen Group is benefiting disproportionately from the upswing in the most important car markets,” CEO Martin Winterkorn said. This year’s sales [...]
Earlier this month Chrysler and Fiat CEO confirmed that Maserati will be getting an SUV based on the new 2011 Jeep Grand Cherokee. According to a report by the Wall Street Journal, Marchionne has now said Chrysler will begin production of the premium Maserati SUV in 2013, which will be sold in markets around the [...]
In 2008, Honda had talked of a successor to the popular NSX supercar – however, the Japanese automaker couldn’t find a business case to develop the car. According to insiders, Honda never gave up on the plans for an NSX successor and the car is expected to live on in a different form. The next [...]
