Archive | May, 2011
Lotus CEO: Lotus may sell or may spinoff and be publicly traded

Lotus CEO: Lotus may sell or may spinoff and be publicly traded

Lotus’ new CEO Dany Bahar may be seen as an amateur in the industry, but the man now has 20 months as the head of Lotus under his belt and is looking to make some big moves. Bahar, who quit his top marketing job at Ferrari in 2009 to become CEO of Lotus Cars, has [...]

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Volvo working on flywheel technology that will boost power, cut fuel-consumption

Volvo working on flywheel technology that will boost power, cut fuel-consumption

Volvo said that it is testing flywheel technology a light, cheap and fuel-efficient solution that makes a 4-cylinder engine feel like a six while dropping fuel-consumption by 20 percent. The move will make Volvo one of the world’s first car makers to test the potential of flywheel technology on public roads. Volvo has received a [...]

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Rumor: BMW files for ‘M2′ trademark, 1-series to be rebadged 2-Series

Rumor: BMW files for ‘M2′ trademark, 1-series to be rebadged 2-Series

We absolutely love rumors here at egmCarTech – they make day-to-day automotive news just a little more interesting. Did you know that BMW is considering an M version of the 9-Series? Well, because they’re not and the 9-series doesn’t exist and we’re just kidding. However, recent rumors suggest that BMW has filed for trademark rights [...]

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Lamborghini Aventador Roadster confirmed via U.S. DOE fuel-economy site

It was reported earlier this month that the Lamborghini Aventador Roadster could debut as early as next year. While that may sound like a rumor since we haven’t officially heard anything from Lamborghini itself, the United States fueleconomy.gov has confirmed the car’s existence. The website recently updated its database for 2012 model years and under [...]

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GM investing $88 million in Lansing plant for new Cadillac model

GM investing $88 million in Lansing plant for new Cadillac model

Right before the end of 2010, General Motors confirmed that it is investing $190 million in its Lansing Grand River assembly plant for the production of a new compact Cadillac model, known to many of us as the Cadillac ATS. Separately, the Detroit automaker announced today that it is investing $88 million for a future [...]

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Report: Cadillac cancels plans to do a plug-in hybrid SRX

Report: Cadillac cancels plans to do a plug-in hybrid SRX

Ever since the new Cadillac SRX made its debut, there have been rumors and reports of a plug-in hybrid version – think a Chevrolet Volt crossover for the Cadillac brand. In fact, prior to its production debut, the SRX was shown in concept form with the Cadillac Provoq Concept, which was powered by GM’s E-Flex [...]

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Video: Behind the scene looks at the BMW 328 Hommage photo shoot

Video: Behind the scene looks at the BMW 328 Hommage photo shoot

The new BMW 328 Hommage one-off concept is still one of our favorite vehicles to debut at this year’s Villa d’Este Concorso d’Eleganza. We can’t seem to get enough of the pictures and the videos of the new BMW Concept and much to our pleasure, BMW has released a new video of a ‘behind-the-scenes’ look [...]

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Video: Ferrari 599 GTO driver backs up into a pole

Video: Ferrari 599 GTO driver backs up into a pole

If one of us here at egmCarTech was to ever purchase a Ferrari or any other supercar for that matter, we would take care of it more than our first-born (we are exaggerating…relax). Either way, this driver of the Ferrari 599 GTO isn’t as careful as we would be with his black Ferrari 599 GTO. [...]

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Honda to add 1,000 jobs at its Indiana plant

Honda to add 1,000 jobs at its Indiana plant

Honda has plans to add 1,000 jobs to its southeastern Indiana plant by the end of this year as it adds a second shift. Honda’s Greensburg plant spokeswoman Anita Sipes said that the additional shift will double its workforce at the location. The second shift had been planned since the factory opened its doors in [...]

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Video: 2012 BMW M5 undergoing high-speed testing at Nardo Ring

A little bit before its M Festival debut, BMW is teasing the new M5 in this new video where the show the new sports sedan undergoing high-speed testing at the Nardo Ring in the south of Italy. Of course, this is one of the most important (and most exciting) test in the BMW M5′s development [...]

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