Archive | March, 2011
Artega SE electric sports car goes from 0-62 mph in 4.3 seconds

Artega SE electric sports car goes from 0-62 mph in 4.3 seconds

The Artega GT is one sports car that has always impressed us. Well, Artega may be going green and at the 2011 Geneva Motor Show, the company revealed the Artega SE, an electric-version of what seems to be a direct competitor to the Tesla Roadster. Our aim is to combine environmental responsibility with the passion [...]

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Video: Behind the scenes at Consumer Reports Auto Test facility

Video: Behind the scenes at Consumer Reports Auto Test facility

The way we like reporting on the automotive industry, we’d like to think it’s from a more enthusiast perspective rather than a analytical and boring perspective. The folks at Consumer Reports tend to fall somewhere in the middle of that description. Either way, if you were wondering how one of the most respected consumer publications out [...]

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Fiat 500 Prima Edizione models begin delivery this week

Fiat 500 Prima Edizione models begin delivery this week

Fiat North America announced today that it has started delivering the first Fiat 500 Prima Edizione models to customers throughout the United States this week. “These limited-edition 2012 Fiat 500 models were offered to Fiat enthusiasts in the U.S. as a reward for their years of steadfast loyalty to the Fiat brand,” Fiat said in [...]

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Subaru’s parent Fuji says operating profits may decline in 2011

Subaru’s parent Fuji says operating profits may decline in 2011

Subaru’s parent company Fuji Heavy Industries Ltd, which owns Subaru, said it is preparing for a decline in 2011 operating profit. The statement was made by Fuji’s Chief Financial Officer Mitsuru Takahashi in an interview with Nikkei business daily. For the fiscal year ending this month, the group’s operating profit is expected to swell 210 [...]

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Toyota: Lexus to get better styling, more hybrids and better service

Toyota: Lexus to get better styling, more hybrids and better service

Yesterday Akio Toyoda unveiled the ‘Toyota Global Vision’ corporate outline for the future. Among many things, Toyoda said that Toyota will add 10 hybrids by 2015 and will also develop plug-in hybrids, electric-cars and fuel-cell vehicles. But what about Lexus? Battered by recalls, Toyota is hoping to once again restore the prestigious image with a [...]

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Toyota could do a hybrid version of the FT-86 RWD sports car

Toyota could do a hybrid version of the FT-86 RWD sports car

The Toyota FT-86 and the Subaru Rear-Wheel Drive Sports CarH are two of the most anticipated vehicles from Japan in a while. According to reports, Toyota may also consider a hybrid version of the FT-86 after the gasoline model hits markets in 2012. The rear-wheel drive sports coupe was shown in Geneva last week and [...]

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Lamborghini USA announces new lease program on Gallardo lineup

Lamborghini USA announces new lease program on Gallardo lineup

Lamborghini America has announced a new lease program in partnership with Premier Financial Services that will allow customers access the company’s Gallardo lineup. Vehicles eligible for the lease program include the 2010 and 2011 Gallardo LP 560-4 Spyders, 2011 Gallardo LP 560-4 Coupe, 2011 LP 570-4 Superleggera and the brand new 2011 Gallardo LP 550-2. [...]

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Volkswagen recalling Routan minivan over ignition switches

Volkswagen recalling Routan minivan over ignition switches

Volkswagen is recalling some 378 units of the Routan minivan from the 2010 model year due an issue with the ignition switch that can move from the run to accessory position on its own, turning off the engine. Chrysler last week recalled about 250,000 Dodge Grand Caravan and Chrysler Town & Country minivans and Dodge Journey units [...]

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Chris Liddell steps down as GM’s CFO

Chris Liddell steps down as GM’s CFO

General Motors Vice Chairman and Chief Financial Officer  Chris Liddell announced today that he will leave the company April 1, 2011, having completed the largest public offering in history and stabilizing the company’s financial operations (believe us, we really think he had a lot do with GM’s bounce back). Liddell, 52, left Microsoft and joined GM [...]

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Chevrolet Corvette sales may be starting to rebound

Chevrolet Corvette sales may be starting to rebound

Not convinced that the economy is turning around? Well, here is another possible sign – Chevrolet Corvette sales are moving on upwards. Sales of the Chevrolet Corvette increased 13 percent in January and February when compared to the same months in 2009. General Motors ended up selling 955 Chevrolet Corvette units during the two-month period. [...]

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