Car News
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Ford has cemented its position as the most viable carmaker out of the Detroit 3, with the company’s first quarter financial results showing some very promising figures. Ford is the only Detroit 3 carmaker operating without federal bailout loans and while it still posted a $1.4 billion loss over the past quarter, its fourth straight quarterly loss, the company still managed to finish with cash reserves of $21.3 billion - up from $13.4 billion at the end of 2008. During this time, Ford also managed to reduce its debt by $9.9 billion, or by about 38%. This performance was achieved during a...
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Audi confirms new model premiere for July 16 centenary celebrationThis year will see Audi celebrate its hundredth anniversary and to mark the occasion the carmaker has organized more than 50 events to be held across the globe. Two dates are especially significant: on July 16 2009, exactly 100 years after the company was established, Audi will host a commemorative...
Alex Kaufmann -
A-Class Special Edition promises sport, style, sensibilityDue for a complete reworking in just a year or two - possibly to be replaced by a whole new family of compact cars - Mercedes-Benz is refreshing the A-Class with a 5,500 unit special edition to help keep sales spooled up through the end of its production run. Playing up the A-Class's sensible...
Alex Kaufmann -
Gemballa takes wraps off Porsche Cayenne Turbo-based Tornado 750 GTSThe high-performance SUV is something of an oxymoron at first blush, but anyone that's taken the wheel of a Porsche Cayenne Turbo or Mercedes Benz ML-Class AMG knows it's possible. Gemballa takes the concept to the next level, dropping over 550lb (250kg) from the Porsche Cayenne Turbo and boosting...
Nelson Ireson -
Audi Launches New A4 2.0 TDI eEurophiles in the U.S. have been clamoring for diesel four-cylinders for years, and just as ardently, the average American consumer has indicated their desire to have nothing to do with oil-burning four-pots. While we're still out of luck, Audi is prepping a car for Europe that will make us even...
Alex Kaufmann -
Mercedes celebrates 100th anniversary of trademark with special-edition CL 500A whole range of 100-year celebrations have been going on in the automotive industry as the giants that started this four-wheeled industry reach their century marks. Today Mercedes Benz celebrates the 100th birthday of its iconic three-pointed star and Benz emblems with the release of a...
Nelson Ireson -
Chrysler may be on the brink of bankruptcy but that hasn't stopped the company from trying to claw its way back into the now burgeoning electric market - with the help of the U.S. Postal Service. This week the company showed off four all-electric Chrysler Town & Country minivan concepts, which it hopes will help its application for federal grant from the Department of Energy's 'Transport Electrification' stimulus program. Should Chrysler win this grant, it hopes to establish a nationwide demonstration fleet of zero-emissions minivans that could be used by the U.S. Postal Service for mail...
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Spy shots: Ferrari working on 599 Scuderia?Ferrari has already shown off a new ‘Laboratorio Technologico’ 599XX experimental car based on the regular 599 GTB Fiorano, which was designed as a test-bed for future technologies and available only to a select group of client drivers. While that model showcases Ferrari’s racing...
Alex Kaufmann -
Chevrolet Corvette gets launch control for 2010Chevrolet is planning a series of updates for the Corvette for the 2010 model year, with changes affecting the entire lineup, from the base model all the way up to the scorching ZR1 supercar. First and foremost is the introduction of the Grand Sport Model, which returns for 2010 with widebody...
Ralph Hanson -
Fesler-Moss accessories line for Chevrolet Camaro announcedFesler-Moss may be relatively unknown in tuner scene but its two individual constituents, Chris Fesler and Jon Moss have been involved in the aftermarket segment for quite some time. For those who don’t know, Chris Fesler is the man behind Fesler Built, a vehicle customizer and manufacturer...
James Martinez -
Chocolate-powered race car capable of reaching 145mphAs bizarre it may sound a university team in the UK has developed an eco-friendly race car designed to run on chocolate and vegetable oil. The new race car is the ecoF3 from WorldFirst, a small team from Warwick University in the UK, which envisages the car – or at least some of its...
Kenneth Hall -
Volkswagen reveals production plans for new up! minicar familyIt’s often the case that a radical concept car will be developed for a major car show only to be put away in storage never to be heard of or seen again once the show’s over. Fortunately for fans of the 2007 up! concept, Volkswagen won’t be mothballing its new baby. Instead it...
Alex Kaufmann -
The future of automotive mobility is a question that has always captivated the mind of the carmaker and the driver alike. Today Audi takes its turn to give us a glimpse into what they think the future may hold, seen through the eyes of design students at the Munich University of Applied Sciences and their "Intelligent Emotion" project concepts. The project's goal was to envision the ways that alternative forms and fuels might be employed in the future, while balancing that with the long-standing needs of individual mobility. Audi isn't just looking into the issue for purely philosophical...
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Bright Automotive unveils new 100mpg plug-in hybrid 'IDEA' vanA new automotive startup based in Washington DC named Bright has just revealed its latest product - a plug-in hybrid commercial van that the company claims will achieve a fuel economy of 100mpg. Named the Bright IDEA, the slipper-shaped van certainly looks the part, and if it lives up to the...
James Martinez -
Audi rules out U.S. production for now, needs more local salesAudi currently has no assembly or production facilities in North America but was reportedly considering starting a local operation to help avoid currency fluctuations from importing popular models from overseas. The company has announced today that it is postponing its decision on a North American...
Alex Kaufmann -
Chrysler creditors offer to swap debt for equityChrysler's race to turn its debts into equity took a major turn for the better today, with an offer from a group of banks and hedge funds that hold almost $7 billion in debt. The group is proposing to exchange around $2.5 billion of Chrysler's debt, but only in exchange for close to 40% of the...
James Martinez -
Carmakers decide on universal plug for hybridsWhen we drive interstate or internationally, we expect fuel everywhere to be fairly similar. Now, to ensure that same security is there for drivers of plug-in hybrid vehicles, a number of major carmakers and energy companies have come to an agreement on what the plug should look like for the new...
Jeremy Weber -
Audi Q3 to enter production in Spain by 2011In response to shrinking sales of large SUVs in most parts of the world, carmakers are prepping a new generation of compact soft-roaders aimed at both the affordable and premium sectors of the market. We’ve already seen Ford release the Kuga crossover and Toyota add the Urban Cruiser to its...
Viknesh Vijayenthiran -
Another ultra-rare Ferrari collectible is up for sale, this time the legendary 967 Ferrari 330 P4 (chassis number 0858) race car that’s set to star at this year’s 'Ferrari Leggenda e Passione' event in Maranello, Italy. The car being sold by RM Auctions is in fact one of just three original P4s built, and was key inspiration for the spectacular Ferrari 612 P4/5 built for classic motors enthusiast James Glickenhaus back in 2006. Regarded as one of the greatest sports-racing prototypes ever designed by Ferrari, the 330 P4 up for sale has a distinguished racing pedigree including a...
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Transparent ‘organic LEDs’ to revolutionize car displaysA South Korean company by the name of NeoView Kolon has just unveiled its latest development in the field of OLED technology. Similar to LED technology, the OLED title refers to 'organic light-emitting diodes', but rather than being used in light clusters as LEDs are being used at the front and...
Jeremy Weber -
Porsche Panamera squeezed into elevator for 94th story presentationIn the lead up to the unveiling of its Panamera sedan at the Shanghai Motor Show this week, Porsche made a special presentation of the car to a select group of customers and dignitaries on the 94th floor of the Shanghai World Financial Center. Getting the car up to the special event platform, which...
Alex Kaufmann -
Citroen previews C4 Sedan facelift at Shanghai Motor ShowThe Citroen C4 Hatch and Coupe underwent a mild facelift late last year as part of its mid-cycle update but the Sedan variant of the car (offered in limited markets) has remained unchanged, until now. The updated Sedan can now join the lineup as it has made its official debut at the Shanghai Motor...
Jeremy Weber -
Preview: Audi planning handful of new A3 variantsAudi has pushed back the arrival of its next-generation A3 by one year as it tackles the development of several other all-new models such as the A1 hatch and Q3 soft-roader. Originally slated to arrive at the end of the year, the next A3 will now hit the market in the first half of 2010 in the...
Kenneth Hall -
Spy Shots: First Test Mules For Ferrari’s 612 Scaglietti SuccessorIt seems like just yesterday that Ferrari's 612 Scaglietti was launched but it's actually been almost five years, which is why it’s not surprising that test-mules for the car’s successor are already running around the streets of Maranello. Designers will be primarily focused on giving...
Viknesh Vijayenthiran