At the Barrett-Jackson Scottsdale, Arizona auction this past weekend, someone wrote a check for more than $2 million for a 5-year old Ferrari. The 2006 Ferrari FXX Evoluzione went for $2.1 million in bidding at the Gooding and Co. auction. Yes, we understand that there were only 30 units of the 860-hp FXX Evoluzione produced, [...]
During the debut of the Mini Paceman Concept at the 2011 Detroit Auto Show, BMW confirmed that it will produce the coupe crossover. According to newspaper Kleine Zeitung, the Mini Paceman will be produced by Magna Steyr, which already builds the Mini Countryman. The paper quoted BMW development head Klaus Draeger as saying that Magna Steyr has won [...]
FoMoCo announced today that it is recalling more than 400,000 Windstar minivans in cold-weather states to fix brackets and mounts which could separate from the vehicle’s subframe and could cause a driver to lose control. The recall covers 425,288 minivans from the 1999-2003 model year sold in 22 states and the District of Columbia. Ford [...]
And now for some boring news that us car enthusiasts probably could car less about… General Motors Company today announced that its Board of Directors declared a quarterly dividend of approximately $0.647 per share on its Series B mandatory convertible junior preferred stock. The dividend is payable March 1, 2011 to Series B holders of [...]
Volkswagen announced today that it will be returning to Super Bowl advertising with two :30 seconds sports during the 2nd and 4th quarter of Super Bowl XLV. This will be V-dub’s second consecutive year advertising during the Super Bowl after a nine-year hiatus. The two ad sports will showcase the new 2012 Volkswagen Passat U.S. [...]
We’ve been hearing for a while that General Motors plans on tripling it’s target for electric-car sales by expanding the market for the Volt and adding models that would share similar technology. The automaker also has plans to unveil an all-electric car for the U.S. market. Bringing itself closer to that goal, GM Ventures announced [...]
What you’re looking at here is the new 2011 Honda Accord – no it’s not the Honda Accord we’ll see here on the stateside, but the nice looking one that our friends across the Atlantic will be getting later this year. The 2011 Honda Accord Sedan and Honda Accord Tourer will be making their debut [...]
Last night, Pagani released the official pictures and details on its new supercar – the Huayra (which stands for God of wind). The folks at EVO Magazine had a special opportunity to check out the car in person and here is a short video clip of how the new Huayra sounds. Click here for our original [...]
AT the 2011 Qatar Motor Show today, Volkswagen unveiled two exclusive Touareg concept cars. The first is known as the Race Touareg 3 Qatar and the other is the Touareg Gold Edition. The Volkswagen Race Touareg 3 Qatar is a street legal version of the Dakar Rally race car and sprints from 0-62 mph in [...]
While we patiently wait for Lamborghini to unveil the replacement for the Murcielago (aka Aventador)at the 2011 Geneva Motor Show, the company is creating some buzz at the 2011 Qatar Motor Show with special-edition Gallardo Bicolore. As the name suggests, the special edition model features a two-tone finish with a matching interior and offers a [...]
