Mini this morning dropped some ‘official spy shots’ of the upcoming 2012 Mini Coupe. The two-seater Mini Coupe will go on sale later this year as the company’s first two-seater model with a range of engines, chassis tuning, weight distribution and aerodynamic touches that “all focused on delivering optimum performance” Mini says. Heck, Mini evens [...]
Tesla has announced the starting prices of its public stock offerings not too long ago. Starting at $28.76 per share, the maker of the full-electric sports car, the Tesla Roadster, said that it has fully allocated the 5.3 million shares in a secondary public stock offering. Tesla is also selling about 1.4 million shares to [...]
We all know that Japan was seriously crippled after the massive earthquake in March struck the prosperous nation. And of course, this had a significant impact on the Japanese automobile industry with all of the companies just starting to get back on their feet. Nissan unfortunately though as a result, has to delay the delivery [...]
We’re all familiar with the kings of the super and hypercars. That includes the obvious: Ferrari, Lamborghini, Aston Martin. And of course, there are the smaller firms such as Koenigsegg, Pagani, Spyker, Gumbert, and last but not least, Mosler, who have just released the first information on their latest and greatest Raptor supercar. Just launched [...]
The 2012 Ford Focus is destined to be a hit as it was just released this year, bringing to America nearly all that Ford UK had developed over the years to produce a “global” car. But of course, there are always those who are hard to impress. That’s why German tuning firm Loder1899 has produced [...]
General Motors said that it delivered 23 units of its Australian-built Chevrolet Caprice police cars in May. The 23 2011 Chevrolet Caprice Police Patrol rear-wheel-drive cars were assembled by GM’s Holden brand in Australia and shipped to an outfitter in California. GM didn’t identify the law enforcement agencies that took delivery of the cars, which [...]
Kia said last week that it will invest $100 million to increase production capacity at its assembly plant in West Point, Ga. The investment will increase the plant’s production capacity from the current 300,000 units to 360,000 units a year. The investment comes as Kia prepares to add a third shift at the plant to [...]
Electric car fans have been eager to see the launch of Fisker’s latest, the Karma full-electric full-size luxury sports sedan. I hate to be the bringer of bad news, but the Fisker Karma has been delayed again. Last year, a Fisker dealer in Los Angeles announced that deliveries to paying customers would begin sometime around [...]
Alan Mulally, one of the greatest leaders the automotive has seen, has no plans to retire anytime soon. However, when Mulally does decide to pack his bags and leave his job as CEO of Ford Motor Company, his successor will most likely come from within the company’s top ranked executives, said Executive Chairman Bill Ford. [...]
Last week Chrysler announced that it will cut its ties with the United States government within the next three months after Fiat purchased the U.S. Treasury’s 6 percent stake in Chrysler for $500 million. The move will give Fiat a majority stake in Chrysler Group LLC for a total of 52 percent. Chrysler and Fiat [...]
