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- The Price of Saving Two of America’s Big Three? $14 Billion, but it Could have Been Worse
- Slick Thieves Ride Off with a…Dozen Brand-New Nissans in Canada!
- Malignant Rumors: Bentley May Build a Super Luxurious SUV
- New Hyundai Azera and Fiat 500 Abarth Confirmed for LA Show
- It Came From eBay Hell: 2006 Excalibur Limousine
- Long-Wheelbase Porsche Panamera Reportedly Confirmed for Launch in Early 2012
- Michigan Representatives Say 56 mpg Target Will Lead to Unemployment, Urge President Obama to Reconsider
- What do you Say? Mercedes-Benz CLK AMG DTM Gulf Oil Edition
- Next-Generation 2012 Mercedes-Benz GL-Class Scooped
- Report: More American Car Buyers Opting for 4-Cylinder Over V6 and V8 Engines
- Video: Man Hanging on the Window of a Speeding Toyota Paseo Caught on Tape
- GM Says 2013 Chevrolet Malibu Will Treat Your Buttocks Like Royalty
- Saab Delays Payments to White-Collar Employees
- Cadillac Prices 2012 SRX with New V6 from $36,060
- Video: Red Bull Drivers Take Production Infinitis for a Spin at the Nordschleife
- McLaren to Enter Three MP4-12C GT3s at 24h Spa Race [Video]
- New Mazda MX-5 and Mazda2 Sport Black Editions Inspired by GT Race Car
- RUF Unveils Updated CTR3 with 750-Horses
| The Price of Saving Two of America’s Big Three? $14 Billion, but it Could have Been Worse Posted: 26 Jul 2011 06:08 PM PDT  Here's a fun little activity for our readership: check out the U.S. National Debt Clock website and take a gander at the figure under, "U.S. National Debt".
At the height of the Global Financial Crisis in 2008, the U.S. government spent $80 billion (€55.2 billion) to save the auto-industry. Of that amount, US$14.6 billion (€10.08 billion) has been lost, never to be reclaimed. It comes as sobering news given the current state of the U.S.'s ever-growing national debt. Read more »
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| Slick Thieves Ride Off with a…Dozen Brand-New Nissans in Canada! Posted: 26 Jul 2011 04:29 PM PDT  Unless you are enjoying a Fast and Furious flick on the couch, in real life, you rarely hear about car thieves stealing a bunch of vehicles from the same owner. Yet this happened in the Canadian city of Calgary where some very slick bandits made off with not one, not two but a dozen (!) brand new vehicles from a local Nissan dealership. The Calgary police said that the thieves broke in the Sunridge Nissan dealership on Sunday , July 24, and stole the keys from 20 different models including sedans, SUVs and trucks, but managed to drive away with "only" 12 vehicles. Read more »
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| Malignant Rumors: Bentley May Build a Super Luxurious SUV Posted: 26 Jul 2011 03:26 PM PDT  There are some things in the auto industry that one takes for granted: Fiat is best known for its small cars like the Panda and Punto; Land Rover for its ultra-capable 4x4s like the Defender and the Disco and Ferrari for its glorious-sounding supercars. In Bentley's case, it's the hand-crafted luxury coupes and sedans, but change is inevitable (especially if you operate under the umbrella of the VW Group…). Read more »
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| New Hyundai Azera and Fiat 500 Abarth Confirmed for LA Show Posted: 26 Jul 2011 02:50 PM PDT  Ah Twitter; the land of 140-characters where you can follow anyone without creeping them out has lately turned into something like a news board for automakers. Instead of releasing an announcement on their respective websites, Fiat and Hyundai chose the social network to broadcast their 2011 LA Show debuts, which include the 2012 Azera and the 500 Abarth. Starting from Hyundai, the South Korean automaker that could, will bring to LA the North American market version of its next generation Azera sedan, which has already been launched in its home market as the Grandeur. Read more »
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| It Came From eBay Hell: 2006 Excalibur Limousine Posted: 26 Jul 2011 02:12 PM PDT  Cruella de Vil, your car has arrived. This 2006 Excalibur limousine was once a scanty 2000 Lincoln Town Car Signature Edition and challenges the notion that anything would be better than the latter. It now has a front end styled like a 1930 Stutz, though this car has more in common with the hideous Stutz Blackhawk of the 1970s. Read more »
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| Long-Wheelbase Porsche Panamera Reportedly Confirmed for Launch in Early 2012 Posted: 26 Jul 2011 12:37 PM PDT  The story about Porsche developing a long-wheelbase version of its Panamera sedan has been circulating around the grapevine for quite some time now, but today, Car Magazine reported that inside sources not only confirmed but also revealed that the car will launch in early 2012.
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| Posted: 26 Jul 2011 11:56 AM PDT  Two Democrat Senators, Carl Levin and Debbie Stabenow, along with 14 House members from Michigan disputed President Obama's informally proposed 56 mpg target for 2025 in a direct letter that predicts a loss of many American jobs if it comes into effect. "We are deeply concerned that the administration's `starting' proposal of a five percent annual increase for cars and light trucks -- to reach a goal of 56.2 miles per gallon in 2025 -- is overly aggressive and not reasonable feasible," the 16 Michigan representatives said in their message to the President. Read more »
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| What do you Say? Mercedes-Benz CLK AMG DTM Gulf Oil Edition Posted: 26 Jul 2011 11:37 AM PDT  While surely not a mainstream choice, there's no shortage of private sports cars dressed in the historic, characteristic orange and blue colors of Gulf Oil. Needless to say, the two-tone paintjob looks awesome on some cars and not so much on others. In the video after the jump, you'll see a very rare Mercedes-Benz CLK AMG DTM sporting the iconic hues. Check it out and tell us what you think in the comments. Read more »
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| Next-Generation 2012 Mercedes-Benz GL-Class Scooped Posted: 26 Jul 2011 11:07 AM PDT  With the new ML-Class unwrapped and ready for launch, Mercedes-Benz engineers have turned their development attention on the SUV's more spacious sibling with three-rows of seats, the GL-Class.
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| Report: More American Car Buyers Opting for 4-Cylinder Over V6 and V8 Engines Posted: 26 Jul 2011 10:17 AM PDT  Once upon a time, in the land of the free and the home of the brave, most consumers liked their cars with six- or eight-cylinder engines. Blame the rising costs of fuels or advances in technology, but now, American buyers are turning to smaller 4-cylinder units in increasing numbers. According to a report from IHS Automotive, in the first half of the year, more than 43% of the light vehicles sold in the US were equipped with four-cylinder engines, compared to just 30% five years ago. Read more »
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| Video: Man Hanging on the Window of a Speeding Toyota Paseo Caught on Tape Posted: 26 Jul 2011 09:50 AM PDT  A very bizarre incident in Stockton, California, involving a red Toyota Passeo coupe and a man…hanging on the passenger side of the vehicle was caught on film by chance on Friday while the news crew from ABC was covering another story. The man is seen on the video clinging to the open window and trying to jump in the vehicle while the car was on the move at an estimated speed of around 35 miles per hour. Read more »
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| GM Says 2013 Chevrolet Malibu Will Treat Your Buttocks Like Royalty Posted: 26 Jul 2011 08:59 AM PDT  There's more than meets the eye when it comes to the development of a new vehicle and its individual components, and like all automakers, GM pays particular attention to the design of the seats – let's not forget, that's where the driver and passengers will spend their time in the car. Understandably, the design process becomes more complicated in the event that the car is a global model like the 2013 Chevrolet Malibu, which will be offered in nearly 100 countries on six continents, including the U.S. where it will arrive in showrooms next year. Read more »
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| Saab Delays Payments to White-Collar Employees Posted: 26 Jul 2011 08:06 AM PDT  When it comes to Saab, it seems that for every dollop of good news that trickles out from Sweden there are multiple bad news. On Tuesday, the cash-strapped Swedish automaker said that its white-collar workers will not receive their next payment (at least not on time) because the company has not yet been paid by its investors. Read more »
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| Cadillac Prices 2012 SRX with New V6 from $36,060 Posted: 26 Jul 2011 07:43 AM PDT  After yesterday's announcement on the changes for the 2012 SRX, Cadillac has now put a price on its updated crossover model, a key highlight of which is the new 308-horsepower 3.6-liter V6 engine that replaces the current version's 265HP six-cylinder unit. The 2012 SRX goes on sale in August carrying a standard price of $36,060 including $875 destination charge for the front-wheel drive model. That's a $570 increase over the entry-level 2011MY SRX which starts from $35,490. Read more »
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| Video: Red Bull Drivers Take Production Infinitis for a Spin at the Nordschleife Posted: 26 Jul 2011 07:25 AM PDT  Yesterday, we told you about Red Bull Racing's intentions to enter the car-making business. With the team being in Germany for the local Grand Prix, Infiniti, which looks like the most probable partner if Red Bull Racing's plan receives the green light, grabbed the opportunity for a little promotion activity at the Nürburgring. Read more »
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| McLaren to Enter Three MP4-12C GT3s at 24h Spa Race [Video] Posted: 26 Jul 2011 06:53 AM PDT  The 24-hour race of Spa-Francorchamps that will take place the following weekend will be the first time a McLaren racecar premieres at a 24-hour endurance event since 1995, when the F1 GTR made its maiden appearance in the 24 hours of Le Mans. Read more »
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| New Mazda MX-5 and Mazda2 Sport Black Editions Inspired by GT Race Car Posted: 26 Jul 2011 06:35 AM PDT  The 275-horsepower Mazda MX-5 GT racecar, which competes in the 2011 Britcar Production GTN Championship, has inspired the Japanese firm's UK division to develop a pair of limited edition models based on the MX-5 and the Mazda2 for the local market. The word "inspired" should be taken very loosely as the Sport Black Editions of the two Mazda models do not feature any performance upgrades and are all about bespoke color choices and additional standard features. Read more »
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| RUF Unveils Updated CTR3 with 750-Horses Posted: 26 Jul 2011 06:04 AM PDT  Four years after the presentation of the CTR3, and it's time for Porsche tuning specialist RUF to tweak its mid-engine supercar. The newest CTR3 continues to use the Porsche 911-derived 3.8-liter twin-turbocharged six-cylinder boxer engine, but thanks to a series of modifications, output has been boosted from 691bhp and 890Nm (657 lb-ft) to 750bhp and 960 Nm (708 lb-ft) of peak torque. The more powerful CTR3 accelerates from standstill to 62 mph (100 km/h) in 3.2 seconds and to 125 mph (200 km) in 9.6 seconds, and can reach a top speed of 236 mph (380 km/h). Read more »
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