Toyota has retained its role as top provider of vehicles for African-Americans and Asian-Americans who purchase new cars. The gap behind them however, is closing, according to R.L. Polk & Co. According to the sample study, 15% of all new-vehicle purchases among African-Americans were Toyota vehicles, as were 28% of those for Asian-Americans. Rounding out [...]
Earlier this morning, Chrysler Group LLC announced that it will repay U.S. government loans by the end of the second quarter. The announcement came right before U.S. Treasury Secretary Timothy Geithner visit to Detroit where he toured Chrysler’s Jefferson North Assembly Plant with CEO Sergio Marchionne. Talking to the Detroit Economic Club, Geithner said that [...]
Earlier this morning Porsche unveiled the new 2011 Porsche 911 GT3 RS 4.0. We now have a video of the new 911 GT3 RS 4.0 in action and we suggest you take out 4 minutes and 20 seconds of your day to just kick back and watch it. Click here for our original post on [...]
Michael Bay has just released another trailer for the Transformers: Dark of the Moon. The third trailers shows a very angry Optimus Prime, the world coming to an end, a sad Bumblebee and a Sam’s new girl. The third part in the Transformers series will hit theaters on July 1, 2011 and will definitely be [...]
Rolls-Royce today launched its Rolls-Royce Phantom App, which is now available on the App Store. The Rolls-Royce Phantom App for the Apple iPad, iPhone and iPod touch allows clients and enthusiasts to create highly bespoke virtual models. It also allows users the ability to apply unique color and interior trim combinations. Since Rolls-Royce is very [...]
The Peter Mullin Automotive Museum Foundation announced today that it has elected Automobile Metal Shaping Company (AMS), to construct the body for Jean Bugatti’s famed 1939 Bugatti Type 64 Coupe Chassis #64002. The 1939 Bugatti Type 64 Coupe was originally designed and constructed by Jean Bugatti (Ettore Bugatti’s eldest son), but was never completed, as [...]
A little less than a month after we learned that Zagato was working on a its new TZ3 Stradale, the has released the first photos and details of its new creation. The new Zagato TZ3 Stradale is a part of the company’s tribute to the 100th anniversary of Alfa Romeo , which began with the [...]
Lincoln said today that a significant amount of its customers are increasingly purchasing the brand’s vehicles with all-wheel-drive. Lincoln, which offers all-wheel-drive on all of its models, said that customers of Lincoln’s crossover and SUV models are more likely to choose this technology. “One of the greatest benefits of luxury is choice,” said C.J. O’Donnell, Group [...]
The Lamborghini Aventador LP700-4 is definitely one of the most significant automotive debuts of 2011. The new supercar from the bull brand will be widely popular and widely covered by the media until it is eventually replace – which won’t be for a while. Today we bring you two new videos of the Lamborghini Aventador [...]
Last month’s earthquake and tsunami in Japan really took a toll on Honda’s production and profits. The Japanese automaker said today that its quarterly profit fell 38.3 percent due to reduction in car production following the March 11 earthquake and tsunami. Honda’s net profit for the first quarter of 2011 fell to 44.5 billion yen [...]
