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The on-again, off-again saga of the auto industry rescue package has finally come to a (temporary) end: President Bush this morning signed an agreement securing $17.4 billion in loans for General Motors and Chrysler LLC. The funds will tap an unused portion of the Troubled Asset Relief Program...

With Mercedes’ next generation of super sports cars currently under development by the carmaker’s racing arm, HWA, as well as its in-house tuner, AMG, the current manufacturing partnership with McLaren is set to end once production of the SLR supercar concludes next year. To mark the...

A mysterious Ferrari 599 Fiorano GTB has been spotted testing around Germany but a closer look reveals that this is no ordinary 599. A number of ill-fitting panels, a visibly shorter wheelbase, and makeshift exhaust pipes suggest that Ferrari is out testing a new test-mule – but for what car?...

Volvo has released details and images for a new concept vehicle previewing its next-generation S60 saloon due in 2010. The concept car will make its world debut next month at the Detroit Auto Show and reveals the latest evolution of Volvo’s current design theme. "The concept car's exterior...

BMW has released the first details and images for its all-new Z4 Roadster, which is set to make its debut next month at the 2009 Detroit Auto Show before going on sale in the following months. The design of the new Z4 comes out through classic details interpreted in a very modern style, highlighted...

The Mercedes Benz CLS ignited the four-door coupe market when it was introduced back in 2004, and since then we’ve seen several other luxury rivals attempt to emulate the design with cars like the Porsche Panamera, Audi A7 and Aston Martin Rapide all under development. For the...

Mazda has held the world premiere of the new Mazda3 five-door Hatchback at the Bologna Motor Show in Italy today, ahead of its sales launch planned for early next year. The second-generation Mazda3 Hatchback follows on the heels of the four-door sedan, which was revealed recently at the Los Angeles...

The convertible version of Audi’s R8 supercar has been spotted testing in Germany without a hint of camouflage material. These images of a prototype, plus a new computer generated preview, reveal that the convertible will gain a conventional fabric roof but misses out on the R8’s...

Mini has released the first details about its second-generation Cabrio model, which is set to go on sale in the first half of next year in both Cooper and Cooper S trims following a world debut at January's Detroit Auto Show. Equipped with a new suspension set-up, more powerful and efficient...

BMW will soon be adding another model to its armored ‘Security’ division with the sighting of this 2009 7-Series prototype in Germany suggesting that development of an armored version of the latest saloon is well underway. The latest model comes just months after the reveal of the...

Infiniti's gorgeous new G37 Coupe gets a drop-top sister today, and having seen the vehicle in the metal, we can confirm it's even better in person. The svelte Convertible is the first G car to go topless, and aside from the folding hardtop design, its specifications are essentially identical to...

Honda has revealed today at the Los Angeles Auto Show a new concept vehicle powered by an advanced hydrogen fuel cell drivetrain. Showing that alternative energy doesn’t have to be boring, the new concept vehicle has been developed as a sporty three-seater and showcases the flexibility of...

So far 2008 has been about the renewal and reinvigoration of Porsche's 911 lineup, with the highest-performance variants still to receive their dual-clutch PDK gearboxes and direct-injection upgrades. Next year will be an even bigger year for Porsche, however, as there are more updated 911 models...

The mid-size sedan market gets a lot of talk in the U.S. because it is a high-volume, high-visibility segment. Conspicuously absent from the segment has been any type of Ford hybrid, until now. Gearing up to compete with the likes of the Chevrolet Malibu, Toyota Camry and Honda Accord, the new 2010...

Aston Martin through its motorsport division has released the 2009 specification Vantage GT4 race car based on its latest 4.7L V8 Vantage sports luxury coupe. The new Vantage GT4 builds on the success of its predecessor, the 4.3L Vantage N24, and has been under development for the past six months...

American carmakers are putting a heavy emphasis on the 2008 SEMA show starting in Las Vegas today. Bringing a dozen or more cars and trucks of varying types, companies such as Ford and GM will have plenty to see, but neither will have the single-model impact that Nissan will make with its fleet of...

Bentley’s sporty GT Speed coupe has been on sale since August of last year and back in June of this year we saw the introduction of the Flying Spur Speed saloon. However, there’s one more derivative of the Bentley Continental family that is yet to receive the Speed treatment and that is...

The striking Camaro Black Concept we reported on earlier is just one of a handful of new Camaro concepts Chevrolet is planning for this month’s SEMA Auto Show. The carmaker has just released images and a few minor details about the complete lineup, which is set to include the aforementioned...

A one-of-a-kind Lamborghini Gallardo GTR race car will be shown at this year’s SEMA Auto Show in Las Vegas by former NFL Houston Oiler quarterback Dan Postorini, who plans to use the event to garner sponsorship for his DP7 Racing team. Postorini also plans to race the car at next year’s...

Just as it did back in July with its upcoming R8 Spider convertible, Audi has released several teaser sketches for some of its important future models. The images reveal new details about the upcoming A5 Sportback model due next year as well the all-new 2010 A7 four-door coupe and next-generation...