Wednesday, December 7, 2011

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GM Says No to Saab's Latest Ownership Plan, Swedes Reply “There is Always a Plan B”

Posted: 06 Dec 2011 06:05 PM PST


A day without Saab news is a day wasted. On Monday, Saab's owner, Swan NV, said that after GM's rejection of the Pang Da and Youngman deal, it was readying another plan, involving Youngman and a Chinese bank.

Unfortunately for Saab, this latest plan, which put Pang Da out of the picture, didn't make the cut with General Motors either. On Tuesday, GM spokesman James Cain issued the following statement: "We have reviewed Saab's proposed changes regarding the sale of the company. Nothing in the proposal changes GM's position. We are unable to support the transaction."

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Ferrari Celebrates 60 Years of Formula 1 Wins with “60F1” Limited Edition of 599 GTB

Posted: 06 Dec 2011 05:28 PM PST


Scuderia Ferrari is the only team that has been present in Formula 1 since its conception in 1950. On July 14 1951, it scored its first-ever F1 victory at the British Grand Prix held at Silverstone with a 375 F1 driven by Froilan Gonzalez.

Six decades later, on July 10 2011, Fernando Alonso won Ferrari's sole Grand Prix in the 2011 F1 season. To celebrate the event, Ferrari has launched the "60 Years of Victories in Formula 1" [60F1] package for the 599 GTB Fiorano equipped with the HGTE handling package.

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Infiniti Offers Select FX European Buyers a Chance to See the Inner Workings of Red Bull F1 Team

Posted: 06 Dec 2011 03:20 PM PST


The FX "concept" that was unwrapped at the Frankfurt Motor Show was supposed to be a one-off model designed with input from 2010 (and, subsequently, 2011) Formula 1 world champion Sebastian Vettel.

However, Infiniti did what everyone expected, and less than a month later confirmed that the tweaked, 420HP luxury crossover would indeed enter production, albeit in limited numbers.

Now, as part of the celebrations for Sebastian Vettel's 2011 championship, Infiniti is offering European buyers of the FX the chance to get a unique insight of the inner workings of the Red Bull Racing Formula 1 team.

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Video: Yep, That's a Great Parking Job

Posted: 06 Dec 2011 02:55 PM PST


Perhaps the driver of this new Ford C-MAX minivan didn't want to get his or her front tires wet, or maybe he or she was in a hurry for an appointment and didn't notice […] the u-shaped metal fitting sprouting out from the road. Whatever the case, we'd love to hear how the driver of the car explains this mishap to his/her insurance agent. Aftermath video follows after the break. Read more »


Nissan Expands Availability of Leaf EV to 7 More States Across America

Posted: 06 Dec 2011 02:27 PM PST


On the heels of the one-year anniversary of the first delivery of the Leaf on December 11, Nissan announced on Tuesday that it is expanding the availability of its dedicated electric model into new U.S. territories. Read more »


Rare Classic Cars Including a DB5 Owned by George Harrison Going Under the Hammer

Posted: 06 Dec 2011 01:33 PM PST


An Aston Martin DB5 or a Mercedes-Benz 300SL Roadster is, no doubt, a sought-after classic that commands a high price. The bill, however, rockets skywards when a celebrity has owned the classic, as is the case with some of the 36 cars going under the hummer in the Coys True Greats auction that will be held in London on December 7.

"There are some extremely interesting cars on offer which could be the ultimate Christmas present," said Managing Director of COYS, Chris Routledge "The classic car market is one that is still buoyant and many people are looking at cars as an investment that is also fun."

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Scion Releases Footage from FR-S Presentation in Los Angeles

Posted: 06 Dec 2011 01:00 PM PST


Last week, Scion lifted the curtains on the third and final (unless Lexus and Daihatsu have other plans…) iteration of the 2+2 rear-wheel drive coupe developed by Toyota and Subaru, the North American market FR-S.

For those of you that missed the presentation in Los Angeles, Scion has released official coverage from November 30th's launch event that includes an introduction by the firm's Vice President, Jack Holl.

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New Hyundai Elantra Sales Soar to 216,331 Units in the U.S. and Canada in 2011

Posted: 06 Dec 2011 12:31 PM PST


While the economic climate may not be ideal, Hyundai is enjoying a success this year in North America as it has eclipsed the 600,000 annual sales mark for the first time in its 25-year U.S. history.

Leading the way in both Canada and the USA, is the redesigned Elantra that saw its sales increase by 43 percent, from 151,735 deliveries in 2010 to 216,331 this year, setting an all-time record for the model series.

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Rumors: Four-Seat Coupe to Join Next-Gen Mazda6 Range?

Posted: 06 Dec 2011 12:10 PM PST


When you put the words "Mazda" and "Coupe" together, they immediately conjure images of models like the RX-7 and RX-8. Especially the latter since, save for the Japanese market-only Spirit R special, the RX-8 has being discontinued for the rest of the world.

Mazda has already confirmed that it is not giving up on the rotary engine that has become synonymous with its larger rear-wheel drive coupes.

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Ferrari 599 GTB Fiorano Slowly Roasts in the Middle of the Road in Dubai

Posted: 06 Dec 2011 11:26 AM PST


Even though a Ferrari on fire is nothing new these days, in any other part of the world, a brand new or relatively new 599 GTB Fiorano slowly burning in the middle of the road like an over-sized shish kebab would have at least caused some commotion. But not in Dubai, the land of all things grand, ambitious and insanely expensive.

There's a couple videotaping the roasting Italian spécialité but nothing much else is happening with the drivers on the road just continuing their way.

We don't know how the accident happened nor if anyone was injured – though we assume that if the driver was still inside, someone would have stopped to help. Video follows after the jump.

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Chevrolet Volt Deemed as 2011's Top Collectible Car of the Future by NAHC

Posted: 06 Dec 2011 10:55 AM PST


For a second year in a row, the Friends of the National Automotive History Collection (NAHC), which is billed as the world's largest public archive of automotive literature, have selected a Chevrolet model as the most collectible car of the future among 23 all-new cars and trucks launched in the States in 2011.

Last year, the winner was the Camaro sports coupe while for 2011, the award goes to the Volt extended range electric vehicle. NAHC did not name the other competitors for this year's award.

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Report: Will the Italian Debt Crisis Force Fiat Out of the Country?

Posted: 06 Dec 2011 10:22 AM PST


The Fiat Group used to enjoy a strong presence in Europe, and especially in its home market of Italy, where it has traditionally been very strong. But that's not the case anymore. The debt crisis that is threatening Europe and especially the northern countries has decreased demand significantly, with the Italian car market hitting its lowest point in the last 15 years.

Analysts estimate that Fiat, which in 2011 recorded its worst sales performance in 20 years and is losing nearly 1 billion euros annually, may do the unthinkable: either stop or significantly reduce its 100-year old local operations.

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Mercedes-Benz G-Class All Luxed-Up by Bulgarian Design House Vilner

Posted: 06 Dec 2011 09:26 AM PST


The classic Mercedes-Benz G-Class or as some call it, the G-Wagen which is short for Geländewagen (all-terrain wagon in German), is one of the most capable off-roaders money can buy these days but it's also one of the longest-standing models in the auto industry having been originally launched in 1979.

While Mercedes-Benz has tried to keep up with the times by constantly refreshing its mechanics and equipment features, the G-Class shows its age, especially in the interior. And that's where Bulgarian design studio Vilner steps in to update the classic Mercedes-Benz 4x4 model.

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In Russia, Changing Gears in a Truck will Turn You into a Man [Video]

Posted: 06 Dec 2011 08:41 AM PST


For those of us that choose to change gears on our cars the old-fashioned way via a manual gearbox, the appeal of this type of transmission is in the mechanical actions.

But as you're going to see for yourself in the video after the break, not all manual gearboxes are made equal. Somehow, we don't think that the driver of this Russian truck is having a lot of fun changing gears…

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Mercedes F1 Team Changes Name, Brings AMG into the Game

Posted: 06 Dec 2011 08:21 AM PST


Mercedes-Benz announced that its Formula 1 team, which raced under the Mercedes GP Petronas moniker this year, is changing its name to "Mercedes AMG Petronas Formula One Team" from the 2012 season.

Up until now, AMG has been the three-pointed star's in-house performance division, developing the sportiest versions of its production models like the SLK and the C-Class and, of course, the SLS AMG supercar.

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New 2013 Dodge Dart Compact Sedan Based on the Alfa Romeo Giulietta

Posted: 06 Dec 2011 08:47 PM PST


The Chrysler Group has resurrected the Dart nameplate from the 1960s for its new Dodge compact sedan model that will receive its world premiere at the 2012 North American International Auto Show in Detroit in the second week of January.

The new Dart is the first Chrysler Group vehicle to be based upon a Fiat architecture as it makes use of a modified version of the Alfa Romeo Giulietta hatchback's platform named Compact U.S. Wide (CUSW), which has been lengthened and widened to improve interior space.

The Detroit automaker says that 68 percent of the Dart's body is composed of high-strength steel, resulting in a "very strong and rigid structure".

Powering the 2013 Dodge Dart will be three four-cylinder gasoline powerplants including a new Tigershark 2.0-liter unit, a 1.4-liter MultiAir Intercooled Turbo engine that will most likely be shared with the Fiat Abarth 500 in the U.S., and a new Tigershark 2.4-liter MultiAir engine.

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Rare Find: Fully Restored 1973 Alfa Romeo Montreal V8 up for Sale on eBay

Posted: 06 Dec 2011 07:31 AM PST


Looking over at eBay's listings today, we discovered a very rare Alfa Romeo sports coupe up for sale.

The car is a 1973 Alfa Romeo Montreal of which only around 3,900 examples were built over a period of seven years from 1970 to 1977, and none were officially imported to North America as the coupe didn't meet U.S. and Canadian emission control requirements at the time.

The Italian sports car was designed by the great Marcello Gandini of Bertone fame and was originally presented as a concept at the 1967 Montreal Expo in Canada before making it into production as the Montreal in 1977.

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Nissan Leaf Scores a Hat-Trick by Winning Japanese Car of the Year Award

Posted: 06 Dec 2011 06:41 AM PST


The Leaf is proving to be not only a commercial hit for Nissan, having sold 20,000 units already this year, but a collector of automotive awards as well.

The latest trophy won by the Leaf is the "Car of the Year Japan 2011-2012", which was announced at the 42nd Tokyo Motor Show. Nissan's all-electric model has also won the World and European Car of the Year awards this year.

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Peugeot Study Reveals that Half of British Men Find it Easier to Maintain Their Car than their Girlfriend

Posted: 06 Dec 2011 06:06 AM PST


A new research study from Peugeot, which polled over 2,000 people in the United Kingdom, reveals that a significant number of British drivers are often more concerned about their car than their other half.

According to the "RCZ Study" commissioned by the French carmaker, 50 percent of men in Britain confess that they find their partner more difficult to maintain than their vehicle and 1 in 10 guys admit to being more fascinated with their cars' curves than their partners.

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Toyota to Export U.S.-Made Camry Sedans to South Korea

Posted: 06 Dec 2011 05:35 AM PST


Now here's something that you don't often hear about: a Japanese product made in the USA and exported to South Korea. We're talking about the new generation of the Camry and Toyota's decision to export the U.S.-assembled sedan to its distributor in South Korea.

"The export of thousands of Camry vehicles to South Korea is an important development that builds on the great work of our talented U.S. team members as well as our extensive investments across North America to help maintain a strong, stable base of U.S. jobs," said Yoshimi Inaba, president and COO of Toyota Motor North America, Inc.

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