Chrysler recently announced plans to build an electric version of the Fiat 500 in the United States. The minicar is slated to go on sale in the US in 2012. A prototype of the vehicle, called the Fiat 500EV, was on display at the latest Detroit Auto Show. The concept version utilized an electric motor [...]
Ford Motor Co. recently unveiled its plan to sell the 2011 V-6 Mustang for less than its closest competitor, the Chevy Camero. Set to arrive in dealerships in April, the Mustang will sell for about $1,000 less than the V-6 Camero. Including shipping, the total cost of the car will be $22,995. The lower price [...]
BMW recently signed a deal to give turbocharged diesel engines to Carbon Motor Corp. for their latest police automobile. Signed on March 22nd, 2010, the deal will provide over 240,000 engines to the law enforcement automobile manufacturer. In the deal, the engines will have automatic transmissions, a cooling system, and the ability to have exhaust [...]
BMW will soon bring an end to its legacy of rear-and four-wheel drive automobiles. At the Geneva Motor Show, chairman Norbert Reithofer announced that the German carmaker will introduce a front-wheel drive entry-level car as part of a wide production plan. The new model has yet to be named, but will be priced and positioned [...]
McLaren has announced that it is close to finishing its latest vehicle, the MP4-12C. The new supercar has entered the final phases of testing, which is being done around the world. Working under a Formula-1 styled process, each car is being accompanied by a crew of 20-25 technicians and 12 engineers to ensure development moves [...]
Tesla, producer of the electric sports car, has announced that lease options will be available on the 2010 Roadster and Roadster Sport. The new option is intended to allow those customers who are interested in the one of a kind vehicle but are afraid to commit to owning one a chance to test it out [...]
General Motors has announced that it will begin to wind down Hummer operations after the take over deal with a Chinese firm failed. Sources have reported that Beijing had refused to approve the take over, though as of yet no official statement has been given. One reason proposed by Klaus Paur, North Asia director of [...]
When it comes to keeping its current customers while attracting new ones amidst massive recalls, Toyota has its work cut out for them. But, as Don Esmond, senior vice president of Toyota Motor sales USA, put it, “We’ll figure what the right cruise missile will be.” A cruise missile is an accurate metaphor for the [...]
If Spyker wants to make Saab a profitable enterprise, they’re going to have raise more cash and do it soon. Analysts say that in order to put the Swedish auto company into the black they will have to sell upwards of 75,000 vehicles per year. This number is a far cry from the 39,903 they [...]
The wake of General Motors‘ June 2009 bankruptcy left several brands stranded: the military-turned-civilian Hummer was sold to a Chinese machinery company, the affordable line of Saturn cars is set to be totally phased out and off lots by this October, and iconic American brand Pontiac will vanish by the end of 2010. Not all [...]
