Car News
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Not that long ago Fiat was reeling in debt and was on the brink of bankruptcy but over the years control of the carmaker changed hands several times and now things couldn’t be better. In fact, last week Fiat announced it had paid off all its debt and was sitting on a positive cash flow of more than $500 million. Better yet, the carmaker is on track to end 2008 with no debts at all and a cash position of close to $2 billion. Despite the recent strong performance, Fiat’s credit rating still has a ‘junk bond’ status. Something its CEO Sergio Marchionne said was...
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No plans for AMG prepped Mercedes-Benz GLKMercedes and its official in-house tuner AMG has been widely criticized for sticking its potent V8 engines into almost anything wearing the Three Pointed Star. Case in point was the disastrous R63, a people mover packing a 6.3L V8 and hyped as a performance car. Fortunately, product planners...
Siddarth Raja -
EPA seeks end to horsepower arms raceAmerica’s Environmental Protection Agency (EPA) is the latest organization to speak up against the current horsepower war raging between carmakers. The group wants an end to the development of high horsepower models because of the negative impact they have on the environment. Instead they...
James Martinez -
BMW Performance 1-series brochure leakedBMW is set to expand its aftermarket accessories line to include the new 1-series range, and a new brochure that’s leaked onto the web details all the goodies we can look forward to (although it’s in German). Simply named ‘BMW Performance,’ the accessories line was initially...
Kenneth Hall -
Video: Nissan GT-R, Gallardo Superleggera, Honda NSX-R, 911 Turbo and GT3 take to the trackThe guys at Best Motoring are at it again, and this time they have the all new Nissan GT-R to play with. In their latest clip they pit the Nissan against Lamborghini’s Gallardo Superleggera, Honda’s uprated NSX-R and two different Porsche 911s, the AWD Turbo and club spec GT3. Follow...
Ralph Hanson -
IED Maserati Chicane Concept Headed For GenevaOne of the more stunning concept cars set to debut at March’s Geneva Motor Show won’t be the creation of some overpaid and stuffy professional designer. Instead, it will be the work of a group of students from Italy’s famed Istituto Europeo di Design (IED). The new concept is the...
Viknesh Vijayenthiran -
Nissan are serious about making the GT-R a global nameplate in motorsport and are currently prepping a production track car for use in club racing. This isn’t the rumoured Spec-V model but a track-only special that may eventually be used for a new GT-R Cup. Some of the unique features seen on the prototype include the tow hooks, race-spec alloys and the modified front bumper. Click here for our original post about the GT-R club car or follow the jump for the full video. Nissan GT-R Club Racer
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GM could fight Nano with Chinese helpSAIC-GM-Wuling Automobile Co. came to the attention of many for the first time thanks to last week's snafu involving the inclusion of 500,000 Wuling-produced cars in GM's corporate tally in an effort to stay at the head of the pack. But the latest word is that the American company could leverage...
Nelson Ireson -
Crowd cheers as Bugatti Veyron gets parking ticketProving that no one is above the law when it comes to illegal parking, even owners of million dollar exotics, a Manchester City parking inspector has ticketed an illegally parted Bugatti Veyron in front of a crowd of spectators. People started to gather once it was revealed the car was left...
Kenneth Hall -
YES! Roadster coming to Chicago showAlthough it’s hardly new – it’s been in production since 2006 – the YES! Roaster will be coming to American and Canadian streets for the first time ever, and to kick off sales, the company is bringing the Roadster to the Chicago Autoshow. The company’s motto is...
Nelson Ireson -
Fiat joining dual-clutch meleeBMW, Mercedes, Volkswagen and even Mitsubishi have come to market with dual-clutch transmissions in the interest of power, economy and refinement. Until now Fiat Group – including Ferrari – has done without dual-clutch gearboxes, eschewing them for traditional automatics, manuals and...
Nelson Ireson -
Carlos Ghosn predicts the future of the auto industryCarlos Ghosn is the man credited with turning around the fortunes of Nissan during the 1990’s, bringing it back from the brink of bankruptcy and turning billion dollar losses into profits within a couple of years. At the same time he also headed Renault, which is now on track to boost its...
Ralph Hanson -
Jaguar is in the middle of the difficult process of revamping its image, dropping the old, stodgy look of the now discontinued X and S-Type models in favor of the dynamic and fresh styling embodied by the new XF. If this wasn’t hard enough, Jaguar also has to endure very tight budgets and is on the verge of being taken over by Indian carmaker Tata or possibly private equity firm One Equity. Despite the challenges, Jaguar's management is "entirely relaxed" about the situation. Speaking with the Financial Times, Jaguar design boss Ian Callum (the man behind the XF), said Tata has looked...
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Cadillac Escalade Platinum first with full LED lampsCadillac together with Hella has announced today that it will be launching the world's first volume full-LED headlamp on its 2008 Cadillac Escalade Platinum edition. Unlike rival luxury brand Lexus, which offers single projector LED lamps on its LS600h flagship, Cadillac’s design uses the...
Kenneth Hall -
‘F1’ Number Plate Sells For Record $880,000The personalized number plate ‘F1’ has been sold for a whopping $740,000 in the U.K. to the man behind one of our favorite tuners, A. Kahn Design. New owner Afzal Kahn is said to be saving the number plate for a McLaren Mercedes SLR supercar like the one pictured here, which is actually...
James Martinez -
Tesla Roadster falls short of performance claimsTesla’s long and arduous journey of getting its all-electric Roadster to production only came to an end last week with the announcement that previous engineering problems would be solved and that the first car was ready for delivery. It appears now that initial announcement could have been a...
Ralph Hanson -
Cadillac no longer designing cars <em>only</em> for AmericansCadillac’s presence in markets outside the U.S. is growing but there’s still a long way to go until the brand has the global recognition that rivals like BMW and Mercedes-Benz command. A major hurdle for Cadillac has been that for years its lineup has been developed solely with the U.S...
Alex Kaufmann -
Volvo mulls sharing more platforms and production with FordThere are plenty of rumors claiming Ford could sell Volvo, just as it has with Jaguar and Land Rover, but new reports give a clear hint Volvo won’t be leaving the Ford group anytime soon. Executives see a future where both carmakers would work much closer together and possibly even share...
Siddarth Raja -
It looks like impending CAFE regulations are going to have a bigger impact on GM’s future powertrains than initially thought. Officials have made it clear that V8s will have a limited role in GM’s future lineup and Vice Chairman Bob Lutz said we can all forget about a new Pontiac GTO and RWD Impala sedan. Now we have news GM will also be downsizing its engines and adding turbochargers to achieve quick improvements in fuel economy without losing out on performance. Next year will see the introduction of a turbocharged 1.4L petrol engine in compact cars sold in the U.S. such as the...
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Update: Mitsubishi Lancer Prototype-SUpdate: We can confirm these concept sketches from last week are in fact the new Mitsubishi Lancer Prototype-S, which is set to be unveiled at the upcoming Geneva Motor Show in March. Just as the original Concept-X from the 2005 Tokyo Show and then the Prototype-X from last year’s Detroit...
Viknesh Vijayenthiran -
Speeds bumps killing the environmentWe all know slowing down for a speed bump and then accelerating back to your original speed saps your fuel, but now a recent study commissioned by the UK’s AA motoring group has found out just how bad it really is. Researchers found that a car capable of achieving 58mgp fuel economy when...
Ralph Hanson -
Five youths killed in BMW M5 crashFive young men were killed early Saturday at Greystone Airport in Florida when the car they were traveling in, a BMW M5 saloon, crashed in a high speed accident after being driven on the actual airport strip. Behind the wheel was 18-year-old Joshua D. Ammirato and riding along in the car was four...
Viknesh Vijayenthiran -
Mercedes-Benz Reveals 2009 CLCThe baby coupe from Stuttgart has finally come out from behind the curtain. Although the initial teaser shots didn't leave much to the imagination, the reveal does bring some interesting tidbits to light. But the real story lies just under the skin. Mercedes says that around 1,100 components are...
Nelson Ireson -
Trabant budget car set to returnGerman-based coachbuilder IndiKar has been chosen to develop the rebirth of the mythic GDR Trabant economy car as part of the latest initiative of another company, scale carmaker Herpa. A full-scale concept car is expected be unveiled at the 2009 Frankfurt Auto Show although no information has been...
Kenneth Hall