Sergio Marchionne made 27% less money in 2010 than in 2009 as the CEO of Fiat, says the Italian automaker. The reason? Marchionne’s total compensation plan for 2009 included a $1.86 million bonus, while that was foregone in 2010. Marchionne earned his base pay of $4.2 million, and a $584,000 fee tied to Fiat’s executive [...]
The new 2012 Mercedes-Benz CLS-Class is here and Brabus is ready to offer its modification kit for the new sedan. The new Brabus Mercedes-Benz CLS will make its debut at the 2011 Geneva Motor Show and will feature some exterior, interior and performance upgrades. Brabus developed all the upgraded CLS body components in a wind [...]
Soon enough you’ll be able to easily sue automakers when it comes to product liability cases. The United States Supreme Court ruled today that the family of a woman who died while wearing a seat belt across her lap in a Mazda minivan can sue the company. Reversing a lower court decision, the Supreme Court [...]
At the 2011 Chicago Auto Show, Mazda celebrated the 900,000 unit of the MX-5 Miata with a special-edition model for the United States. It’s only right that the celebration be carried over to the 2011 Geneva Motor Show with another special-edition MX-5. Known as the Mazda MX-5 Kendo Special Edition (‘The way of the Sword’), [...]
Jaguar will be celebrating 50-years of the E-Type at the 2011 Geneva Motor Show next month. The automaker will be hosting E-Type drives at the Parc des Eaux Vives in Geneva, where the original car was launched by the marque’s founder Sir William Lyons half a century ago. “It is impossible to overstate the impact [...]
Tired after a hard day of work? Well, you might want to spend some time building yourself a new 2012 BMW 650i Convertible. The 2012 650i Convertible configurator just went online at BMW’s website. Click here for more news on the BMW 6-Series. Refresher: Power for the 2012 BMW 650i Convertible comes from the twin-turbocharged 4.4L [...]
As seen last week, the Smart ForTwo Concept will be making its debut at the 2011 Geneva Motor Show. Daimler and Mercedes-Benz have now released some more pictures of the concept prior to its auto show debut and while it looks like it’s gunning for speed, the Forspeed is everything but fast. Click here for [...]
As a part of a sweet deal with the United States Treasury, General Motors will be able to save $14 billion in tax revenue. GM, which is expected to post its first profitable year since 2004 when it reports its 4th quarter results on Thursday, won’t have to worry about getting a big tax bill [...]
Last month, Cadillac took its new CTS-V Coupe Race Car to Sebring International Raceway in Sebring, Fla. for some hot laps in preparation of for the Sports Car Club of America World Challenge GT series later this year, Cadillac Racing yesterday returned to the Sebring International Raceway for a second round of testing prior to [...]
Before Saab goes ahead and offers a full redesign of the 9-3 lineup, it will put the model through another facelift for the 2012 model year, which will debut at…you guessed it – the 2011 Geneva Motor Show. For the 2012 model year, the Saab 9-3 gets new front bumpers and signature Saab ‘ice block’ headlamps. [...]
