Archive | February, 2011
Xenatec Cruiserio Maybach 57 S Coupe to debut at Geneva

Xenatec Cruiserio Maybach 57 S Coupe to debut at Geneva

The Xenatec Coupe, which is based on the Maybach 57 S, will make its first public appearance at the 2011 Geneva Motor Show next week. “The coupe was configured by Xenatec designer Fredrik Burchhardt to customer specifications and then built exclusively for him,” Xenatec said in a statement. “The paintwork on this one-off is a [...]

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Chrysler didn’t pay CEO Marchionne anything in 2010

Chrysler didn’t pay CEO Marchionne anything in 2010

We’re not sure why everyone is so concerned with what Sergio Marchionne made in 2010 but if you’ve been following his salary, we have an update for you. Marchionne received no salary as CEO of Chrysler Group LLC. However, he did receive 361,446 shares for his role as a director, according to a document Chrysler [...]

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Opel, Vauxhall confirm Astra based convertible for 2013

Opel, Vauxhall confirm Astra based convertible for 2013

Opel and Vauxhall confirmed that they will build a convertible based on the Astra compact car at the factory in Gliwice, Poland. The move is a part of the brand’s planned 11 billion Euro investments to renew its lineup over the next five years. CEO of Opel/Vauxhall Nick Reilly said that convertible will end up [...]

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Gumpert Tornante rear teased before Geneva debut

Gumpert Tornante rear teased before Geneva debut

Finally, we’re just days away from the 2011 Geneva Motor Show, which will see a bunch of new world debuts. One of the many cars debuting at the show next week will be the Gumpert Tornante, the company’s second production model following the Apollo. The Gumpert Tornante will debut in concept form in Geneva, which [...]

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Volkswagen passes Ford as world’s most profitable automaker

Volkswagen passes Ford as world’s most profitable automaker

Volkswagen, Europe’s largest automaker, passed FoMoCo in the automotive industry earnings race last year with help form surging demand in China. Volkswagen’s net income increase sevenfold to 6.84 billion euros ($9.42 billion). Ford posted 2010 profit of $6.56 billion, while General Motors reported $4.7 billion. Toyota is forecasting 490 billion yen ($6 billion) in profit [...]

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Porsche CEO: Decision on Porsche 928 successor due by middle of 2011

Porsche CEO: Decision on Porsche 928 successor due by middle of 2011

Currently, the most expensive car in Porsche portfolio is the 911 GT2 RS, costing a bank-account draining $245,000. When the limited-edition Porsche 918 Spyder hits the company’s dealerships it will steal that title costing more than $500,000 – and that’s because the 918 will be very limited and very technologically advanced. However, that leaves a [...]

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New Look: Saab to show new concept in Geneva that hints at future design

New Look: Saab to show new concept in Geneva that hints at future design

Alongside the 2012 Saab 9-5 SportWagon and a new facelifted Saab 9-3, the Swedish automaker plans to unveil a new concept vehicle at the 2011 Geneva Motor Show that will show the future styling direction for the brand. The concept is being created by Saab’s design team, which is now headed by Jason Castriota, a former Bertone and [...]

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Next-generation Nissan Z may go hybrid with Infiniti M Hybrid setup

Next-generation Nissan Z may go hybrid with Infiniti M Hybrid setup

We’re looking forward to the next-generation Z from Nissan and according to latest rumors, the sports car may go hybrid. According to sources, Nissan fully understands that the Z must evolve if it plans on staying on top of its rivals. Part of that evolution may include hybrid power that catches the interest of environmental [...]

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Aston Martin boss interested in returning to straight 6-cylinder engines

Aston Martin boss interested in returning to straight 6-cylinder engines

Everyone seems to be slowly getting rid of the V8. According to a latest report from the UK, Aston Martin boss Dr. Ulrich Bez has hinted that new generation models from the supercar maker could return to the classic straight 6-cylinder configuration for which the brand was once famous. The Aston Martin DB7 was the [...]

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Keep ‘em coming: More Lamborghini Aventador LP700-4 leaks show interior

Keep ‘em coming: More Lamborghini Aventador LP700-4 leaks show interior

It seems like we’ll see leaked images of the Lamborghini Aventaodr LP700-4 everyday until the models official debut at the 2011 Geneva Motor Show. Today’s leak show the 6.5L V12 engine, the interior and the gas cap. One interesting thing we’ll point out here is the placement of the CD/DVD Navigation slot… look really close [...]

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