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The Lexus GX midsize luxury SUV has been on sale since 2003 and has enjoyed some success during that time, managing to rack up to 35,420 sales in 2004 - its best year on record and easily eclipsing the company’s annual target of 20,000 units. Demand in the midsize luxury SUV segment, however, has tanked in recent years and so far this year sales have dropped more than 52%. While many rivals may soon start pulling out of the segment altogether, Lexus intends to stick it out by launching a redesigned GX, according to inside sources who spoke with Ward’s Auto. The new model is...
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Ford Mustang scores 5-star NHTSA safety ratingThe 2010 Ford Mustang (Coupe only) has earned the National Highway Traffic Safety Administration's 5-star rating in the agency's latest round of testing, cementing the Blue Oval's position as industry leader when it comes to safety. The latest results include top scores for both the driver and...
Jeremy Weber -
Nick Heidfeld nabs Schumacher's record for most Grands Prix completed in a rowTo finish first, you must first finish. It is an adage as old as racing, but it is no less true for the passage of time. And Nick Heidfeld has apparently taken it to heart, setting a new record for the most F1 races completed successively, taking the title from the legendary Michael Schumacher...
Nelson Ireson -
Fiat not planning to close plants in Europe as result of Opel dealFiat and Magna are still working with the German government on the takeover of Opel from General Motors' European operations, but Fiat is already being forced to quell concerns that it might shut down European Fiat plants if it does acquire Opel. Today Italian Industry Minister Claudio Scajola made...
Kenneth Hall -
Chrysler dealers fire back at proposed franchise rejectionsJust a couple weeks into the nascent Fiat-Chrysler partnership, trouble is already brewing. The American carmaker's 3,188 dealers, upon hearing that 789 of their number will be let go by June 6, banded together to prepare for a legal fight. The dealers are contesting Chrysler's incredibly short...
Nelson Ireson -
Last Mercury Sable to roll off line ThursdayAs General Motors sacrifices and sells off about half of its brand portfolio and Chrysler downsizes through bankruptcy, Ford has stayed above the fray. But with the end of production of the Mercury Sable coming this Thursday, talk of the brand's potential demise has come back to life. Early in...
Ralph Hanson -
A New York car rental company has come out with a fairly interesting proposition - for the relatively small sum of $1,495, the Gotham Dream Cars company will offer members of the public a five-hour, five-Lamborghini driving tour, starting at its exclusive clubhouse in Northern New Jersey. If that part of the deal wasn't sweet enough, the company will also be offering its customers a chance to ride shotgun with former Lamborghini chief test driver Valentino Balboni as part of the package. While Balboni was around during the Countach-era of Lamborghini, the cars Gotham Dream Cars is offering...
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New E-Class Coupe sits on older, cheaper C-Class platformMercedes Benz surprised many by offering its new E-Class Coupe for less money than the E-Class Sedan, with which it shares its styling, interior and positioning. After all, which carmaker makes a more exclusive coupe model and then sells it for less money than the sedan variant? If you missed our...
Jeremy Weber -
Chinese-built Chevrolet Spark, Aveo and Lova could hit U.S. showrooms by 2011Just a few days ago we brought you a story about General Motors considering bringing small cars from China to the U.S. in order to bolster its sales in the segment. Currently, the carmaker is looking to sell around 17,300 Chinese-made vehicles in the U.S. by 2011 and over 50,000 units by 2014...
James Martinez -
Hamann adds BMW 7-series to arsenalGerman tuner Hamann usually specializes in tuning exotic sports cars but occasionally the firm lends its expertise to more sedate segments in the car world. Now, Hamann has announced a tuning package for a car that fits into the latter, the 2009 BMW 7-series luxury saloon. Hamann has been working...
Alex Kaufmann -
Report: Magna considers using Opel to build cars for other brandsBidding for General Motors’ Opel division has intensified recently, with the German government revealing late last week that only two parties remain in the bidding war – Fiat and Magna International (together with Russia’s GAZ Group). While it’s been speculated that Fiat is...
Jeremy Weber -
Unique Sportcars teams up with Novitec Rosso for ‘Calavera’ Ferrari F430Ferrari’s F430 is destined to bow out towards the end of the year, set to be replaced by an all-new model, but in the lead up to its swan song German design group Unique Sportcars has teamed up with fellow Teutonic tuner Novitec Rosso to create the ‘Calavera’. Limited to just 11...
Viknesh Vijayenthiran -
Ferrari has set a new world record for a car sold at auction with a 1957 Ferrari 250 Testarossa fetching €9 million at the weekend (17 May 2009) in an auction of Italian supercars organized by RM Auctions at Ferrari’s Maranello home in Italy. The previous world record for a car sold at auction was just last year and was also set by a Ferrari, when UK radio host Chris Evans paid €7 million for a black 1961 Ferrari 250 GT SWB California previously owned by James Coburn. Both cars were sold at the “Ferrari Leggenda e Passione”, an annual auction of the finest...
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Mosley compromises on two-tier system, Ferrari files court-action against FIAF1's insurgent teams will be back in deep conference early this week, as the battle over a budget-capped future continues. Following a meeting with Max Mosley and Bernie Ecclestone last Friday in London, the FOTA members have now resolved to sit down in Monaco on Tuesday, ahead of the...
Kenneth Hall -
Noble M600 Supercar Edges Closer To 2010 Launch DateNoble's sports cars are not exactly known for their attractiveness but rather their driving ability, but this reputation may be set to change with the latest details on the upcoming M600 supercar confirming the company is putting some more thought into the aesthetics of its vehicles. We first...
Viknesh Vijayenthiran -
UK's nanny state goes a step further: trialing in-car GPS speed limitersAlready the UK is known as one of the most intrusive nations in the world when it comes to surveillance and speeding, but apparently they're not quite satisfied yet. Now Transport for London (TfL) is launching a trial of a GPS-based in-car speed limiter which will forcibly slow a speeding car. The...
Nelson Ireson -
Lola confirms return to F1 as Ferrari files injunction against the FIAFew names stirs as much recognition, respect or emotion in so many fields of racing as Lola. For five decades, the company has built cars for innumerable race series, including Formula One during the 1960s, 70s and 80s. The return of Lola to F1 could spell a new era for both the sport and the...
Ralph Hanson -
Video: Lexus unveils IS C advertising campaign with four new commercialsWhen carmakers start tossing around terms like 'mischievous' and tapping into online markets for their cars, it's clear they're targeting a younger audience. And that's exactly what Lexus is doing with its new campaign for the 2010 IS C retractable hardtop convertible. Partnering with ABC.com...
Nelson Ireson -
As bankruptcy thrashes Chrysler vehicles' resale value the company is pulling out all the stops to keep sales up until it can emerge and join forces with Fiat. To help get feet on the floors of its remaining dealerships, the company is now reportedly getting ready to send out $1,000 certificates toward the purchase of a new car to all of its existing customers. The move is a bold one, since the certificate is ostensibly in addition to all the price cuts and incentives already on the table at Chrysler, Dodge and Jeep. Coming along with the $1,000 offer is a letter from CEO Bob Nardelli...
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Ford shuts down $15,500 Fusion Hybrid scamWe've all gotten the email telling us we've won eleventy million dollars and all they need is for us to submit our bank account details and 'socal (sic) security code'. But a new and enterprising scam is offering a brand new 2010 Ford Fusion Hybrid for about half price - $15,500. Unfortunately...
Kenneth Hall -
GM reveals more details on 1,124 dealer cutbackCutting back production and right-sizing brands and lineups is just one aspect of the restructuring underway at the hands of the U.S. federal government. Earlier this week hard cuts in both labor and dealership numbers were discussed, foreshadowing the next steps to come, and just yesterday a...
Ralph Hanson -
Nismo to begin renting upgraded GT-R electronics to customers in JapanEarlier today we told you how Nissan is now offering to upgrade original-spec GT-Rs with a host of better parts including suspension upgrades and engine mounts. Now Nissan's racing and tuning arm, Nismo, has decided to release upgraded engine and transmission management software, but in a novel...
Nelson Ireson -
Bentley boosts environmental efforts by making cars 85% recyclableBentley may best be known for its hedonistic land yachts that can cost as much as a house, but lately the carmaker has become increasingly recognized for its environmental efforts. Bentley has already laid out a three-stage plan to reduce emissions of its fleet by 15%, launch new powertrains that...
Kenneth Hall -
Toyota to replace 40% of management, plans 30% in production cutsToyota may be the world's biggest carmaker but that title appears more and more likely to pass on to Volkswagen as the Japanese carmaker announces another round of production cuts and plans to change up to 40% of its senior management. The news comes as Toyota reports its first operating loss in 71...
James Martinez