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Negotiations between Chrysler and Fiat regarding an alliance have now turned to production capabilities, and an anonymous source has revealed that three Chrysler plants are under consideration for possible re-tooling, at which point they will build Fiat vehicles, as well as Chrysler-badged vehicles built on Fiat platforms. The three production plants being considered include Chrysler's Canadian MPV plant in Windsor, Ontario, across the river from Detroit, as well as a plant in the U.S. and Mexico. The Windsor plant in Canada currently builds the Chrysler Town & Country, as well as the Dodge...
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Brembo teams with Italian watchmaker for carbon-ceramic special editionWatches and cars have shared a long history together. Something about the kindred spirit of precision, style and function of both endeavors finds an overlapping fanbase. Few watches exhibit that cross-pollination better than the Meccaniche Veloci Quattro Valvole CCM - a carbon-ceramic watch built...
Kenneth Hall -
Crooked Lamborghini dealer sold $400,000 Lambo Murcielago LP-640 for just $60,430Some of you may remember our story about the downfall of Lamborghini's star Orange County dealership, which was at one time responsible for selling one out of every twenty Lamborghini models in the world. Now that the court case of its owner Viken Keuylian has been wrapped up, with the crooked...
Ralph Hanson -
Obama's task force orders GM to convert all of its debt to equityThe U.S. government may soon become a substantial shareholder in General Motors if a new plan to convert all of GM's debt to equity goes forward. On Friday, President Obama's task force on the industry ordered GM to prepare a plan to convert all of its debt - about $48 billion in total - to equity...
Nelson Ireson -
Rolls-Royce revives Ghost nameplate for upcoming RR4 sedanRolls-Royce is currently developing a brand new model positioned below the Phantom for launch in early 2010, which is expected to double the number of vehicles built by the ultra-luxury carmaker each year. Rolls-Royce has announced the name for its new model series which until now has been known as...
Kenneth Hall -
One-two finish for Red Bull Racing in Chinese GPRed Bull Racing recorded a historic first grand prix win in Chinese rain today, with Sebastian Vettel leading teammate Mark Webber for a dominant one-two. "It's my second win in the wet," said German youngster Vettel, recalling his first win from pole for junior team Toro Rosso at Monza last year...
Jeremy Weber -
Hyundai has traditionally been recognized as a maker of affordable hatchbacks and compact cars but in the past couple of years we’ve seen the quality and design of its cars improve greatly. So much so that the South Korean carmaker can be considered a genuine rival to some of the mainstream Japanese and German carmakers, and soon it may even start to rival a number of well established luxury marques. At January’s Detroit Auto Show we saw Hyundai win the coveted North American Car of the Year award for its Genesis Sedan, and initial reviews of the sporty Genesis Coupe are showing...
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Novitec Rosso marks 20th anniversary with new TuLesto supercarWhen it comes to the world’s most exclusive sports cars, names like Ferrari and Lamborghini often spring to mind. However, there is a higher echelon when it comes to the most fascinating vehicles money can buy – a world where stunning design, uncompromising performance and production...
Viknesh Vijayenthiran -
Seat adds new Ibiza FR and facelifted Leon Cupra to lineupFollowing the debut of the updated Leon hatchback at last month’s Geneva Motor Show come the first images and details for updated versions of the sportier Ibiza FR and Leon Cupra models, both of which will be making their debut next month at the Barcelona Motor Show. The new FR version of the...
Jeremy Weber -
Hartge takes the diesel X6 to new highs - and lowsStyle is undoubtedly a subjective thing, but sometimes agreement is nearly universal. The Mona Lisa has been revered through the ages, while the bowl-cut hair style is a perpetual laughing stock. Somewhere toward the latter end of the spectrum lie creations like Hartge's latest X6 variant, sporting...
Alex Kaufmann -
McLaren Splits Off Automotive Group, New Unit To Be Headed By Ron DennisHaving recently parted company from Mercedes Benz, hired a new design director and started work on a new supercar, the team at McLaren is as busy as ever, but still not busy enough, it seems. To add to their plate, McLaren Group has spun its automotive division off to form a separate company...
James Martinez -
Irmscher launches new 7 Turbo based on legendary Lotus designGerman outfit Irmscher has just unveiled its latest rival to the Caterham and Ariel Atom set - the new 7 Turbo. The roadster is constructed in the same vein as the Lotus Super Seven, and its focus on lightweight performance means that it should be a formidable track machine, especially in its most...
Alex Kaufmann -
GM's decline over the course of this year wasn't enough to convince bondholders and the UAW to grant any concessions, but recent reports that the carmaker was in precautionary preparations for filing a Chapter 11 may have galvanized action on the part of the bondholders. Allowing GM to go to bankruptcy court would leave bondholders in the dark as to the company's future outcome. Furthermore, the previous reluctance to engage GM's demands from bondholders may be starting to wane as bankruptcy becomes the most probable outcome of GM's future. In fact, one bondholder with a large stake in the...
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Fiat threatens to walk away from Chrysler dealAt the end of March the President's task force on the auto industry put a 30-day window on Chrysler and Fiat reaching an alliance agreement. Just hours later Chrysler announced the two companies had signed off on the deal. That turned out to be premature, as there remains a strong chance that Fiat...
Viknesh Vijayenthiran -
Opel Launches 325-HP Insignia OPCPacking 325hp (242kW), a sophisticated AWD chassis and a sub-six second 0-60mph time, Opel’s new Insignia OPC is set to take the midsize performance saloon market by storm when it goes on sale in the middle of the year. OPC, which stands for ‘Opel Performance Center,’ is the name...
Kenneth Hall -
A FAB Design SLR supercar named DesireSpecialist Mercedes Benz tuner FAB Design has already taken on the controversial Maybach 57S limousine this year, but now the company has revealed its most astonishing work to date - this time on the Mercedes McLaren SLR supercar. The most striking aspect of the FAB Design SLR 'Desire' at first...
Viknesh Vijayenthiran -
Paul Walker and Vin Diesel to return for fifth Fast & Furious movieThe Fast and the Furious franchise may not be known for its Oscar-winning performances or well thought-out plot developments, but that hasn't stopped the fourth instalment 'Fast & Furious' from smashing a number of box-office records in its opening weekend by taking in almost $75 million in...
James Martinez -
Report: Toyota may lose up to $5 billion in 2010After a nearly flawless company history - over 70 years of profits - Toyota posted its first-ever loss for the fiscal year ending March 31, 2009. And a new report from Japan today says Toyota is already predicting a loss of up to $5 billion for the coming year as well. The report, which originates...
Ralph Hanson -
We thought for sure that carmakers like Morgan and Weismann had cornered the retro-convertible market, but it now seems that they may have a strong competitor in the form of Granada’s Hurtan and the company’s handsome Grand Albaycin. The 1950s-inspired Grand Albaycin builds on Hurtan's previous work with the older Albaycin model and is scheduled to make its debut later this week at the 2009 Top Marques Monaco. Offered with two different Renault engines, the Grand Albaycin promises to be lightweight but still crafted from fine materials. On offer will be a 1.6L petrol engine...
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Small cars rated poorly in new IIHS crash testThe Insurance Institute for Highway Safety (IIHS) has just come to a conclusion that we suspect many motorists have known for years - when it comes to car safety, size does matter. Conducting tests pitting micro cars against larger midsize vehicles, the IIHS found that in many cases the smaller...
Ralph Hanson -
Tanner Foust's V8-powered 2009 D1 Formula Drift Scion tCLast year we reported on the RS*R 400hp Scion drift car that was competing in the D1 Formula Drift Championship. After its first successful seasoning campaigning the tC sports coupe in Formula Drift, Scion decided to return to the series in 2009 with another team supporting a second tC, and this is...
James Martinez -
Docherty: Pontiac decision may have to wait until next yearAs General Motors prepares for its June 1 bankruptcy-or-viability deadline, the decision on what to do with Pontiac is sitting on the back burner. In fact, dealers may have to wait until next year to find out what the General has in store. Or so says Susan Docherty, vice president of GM's...
Nelson Ireson -
More details on Roush's upgrades for the 2010 Ford MustangFamous Ford tuner Roush recently took the covers off the latest incarnation of its longstanding 427R package for the Ford Mustang, and today a new round of details - but no photos - of the upcoming Stage 1 and Stage 2 cars are out. Beating many other big name tuners to the table, Roush is offering...
Viknesh Vijayenthiran -
WAM releases CL45 upgrade for the Mercedes Benz CL550German tuning outfit WheelsAndMore (WAM) has just unveiled its latest project, this time taking on the V8-engined Mercedes Benz CL500/550. A number of aesthetic and mechanical modifications have been made to the car, including power upgrades that take the new WAM CL45 closer in muscle to its big...
Alex Kaufmann