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The Latest News And Reviews
Throughout The Car Industry



Categories: Reports

Ford Motor Company Raises Stake In China's Jiangling Motors

On: Thu, Dec 23, 2010 at 10:29AM | By: Sherry Christiansen


Ahhh Yeeah, The Jiangling Motors Corporation Landwind X6! test 2

Ford plans to invest in a higher stake in China's Jiangling Motors, which now makes up over 30% of Ford's China sales. The investment will give Ford more voting power on Jiangling's board to enable future growth in China's fast-growing light commercial vehicle segment.


Laurence Fishburne Becomes The Voice Of Cadillac

On: Thu, Dec 23, 2010 at 10:14AM | By: Chris Weiss


Laurence Fishburne Becomes The Voice Of Cadillac  test 1-1

Mercedes has Don Draper. Lincoln followed suit with Roger Sterling. And now luxury competitor Cadillac has its own voice: Morpheus. Laurence Fishburne has signed on with GM's luxury brand and will be the official voice of the brand beginning next month.


Toronto-Dominion to buy Chrysler Financial for $6.3 billion

On: Wed, Dec 22, 2010 at 4:37PM | By: Sherry Christiansen


Toronto-Dominion to buy Chrysler Financial for $6.3 billion  test 1-1

It’s hard to imagine anyone growing up in America who hasn’t played the board game “Monopoly” at least once in their lives. The popularity of the game is based on the simple idea that it’s fun to imagine being a mogul. Players get to buy up railroads and electric companies, and put up fancy (plastic) hotels. In reality, there is an actual version of “Monopoly” unfolding every day in financial centers all over the world. The most recent shifting of the pieces came when the Toronto-Dominion Bank struck a deal to acquire the Chrysler Financial Corporation from Cerberus Capital Management. The price tag? $6.3 billion in cash, and that’s not funny money!


Chevy Volt Gets Cleaner: Chevy To Recycle Parts From Gulf Oil Spill

On: Wed, Dec 22, 2010 at 12:42PM | By: Chris Weiss


Chevy Volt Gets Cleaner: Chevy To Recycle Parts From Gulf Oil Spill test 1-1

Okay, the Chevy Volt is getting to be like the annoying kid in your high school class. The one who was not only smart but also funny, good looking and athletic—the football captain/valedictorian type.

The Chevy has had serious green bragging rights from the word go, despite the mild controversy of whether it's truly a range-extending electric vehicle or a hybrid. It's recently been mopping the floor with the industry in terms of awards, with "Car of the Year" honors from Motor Trend and Green Car Journal, and a finalist spot for the North American Car of the Year, to be determined in Detroit next month. And then there was the whole auction first-sale, where instead of keeping the proceeds, the Chevy Volt selflessly gave that $250,000 to charity.

Puke-a-rific, right? Well, the Chevy Volt has decided it's not brown-nosing the environment quite enough. GM announced this week that it will be recycling plastics from the booms used to soak up the oil in 2010 'story of the year' candidate, the Gulf oil spill. Yeah, the Volt's even kicking some Gulf oil spill ass now.


 

Mileage Measurements for Hybrids May Confuse Consumers

On: Wed, Dec 22, 2010 at 12:42PM | By: Sherry Christiansen


Mileage Measurements for Hybrids May Confuse Consumers test 1-1

Hybrid vehicles are an increasing segment of the vehicle market today. It seems highly likely that over the course of the next few years, fully electric vehicles and vehicles that run on natural gas may also make their way into the marketplace.

There needs to be a congruent method for accounting for the cost and usage of energy required to operate various types of hybrid vehicles. More specifically, a system needs to be in place to allow for easy comparisons, to decrease confusion, and allow consumers to make informed decisions.


Lamborghini Aventador Numbers and Details Get a Little More Official Thanks to Leak

On: Mon, Dec 20, 2010 at 4:12PM | By: Chris Weiss


Lamborghini Aventador Numbers and Details Get a Little More Official Thanks to Leak test 1-1

For months we've been reporting on the performance capabilities of the new Lamborghini flagship. For a while we weren't even sure what it would be called--if we're being perfectly honest, we're still not, but good authority says it's going to be Aventador LP700-4--but we were pretty confident that the car would be a 700-hp beast of a Lambo capable of breaking the 3-second-to-62 mph and 217 mph top speed marks. And now we have a little more authority on some of those numbers: a leaked dealer order guide gives fills in some official details of the Aventador.


BMW At The Upcoming Super Bowl

On: Mon, Dec 20, 2010 at 4:11PM | By: Sherry Christiansen


BMW At The Upcoming Super Bowl test 1-1

This year BMW has decided to go big and get some of their products on screen during the Super Bowl. Last year, around 38.6 million people viewed the event to watch Drew Brees and the New Orleans Saints deliver a crushing defeat to Peyton Manning and the Indianapolis Colts.

In 2010, a 30-second Super Bowl ad for the 2010 game went for between $2.5 million to $2.8 million. With those kinds of prices it is no wonder that BMW has taken a 10-year hiatus from this particular type of marketing. However, that is about to change as the company is preparing to experience a major undertaking of vehicle launches and new model offerings. According to BMW “between 2010 and 2011, over 60 percent of its total vehicle inventory will be new vehicles”.

“We’re in the window of our biggest launch period in history and the Super Bowl gives us the stage to make a big impact,” says Stacy Morris, BMW’s marketing communications manager. The forthcoming vehicles that prompted the German auto manufacturers to pony up the necessary funds include the 2011 X3 sports utility vehicle, BMW’s electric car the ActiveE, new 6 Series coupe and convertible models, and the 5 Series sedan.


Daytona Ready To Race! Brumos And SoD Turn First Laps On New Surface

On: Mon, Dec 20, 2010 at 3:54PM | By: John Welch


Daytona Ready To Race! Brumos And SoD Turn First Laps On New Surface test 1-1

Three hours after the conclusion of the NASCAR race last July, Daytona International Speedway went under the knife. The asphalt was cracking, the water drainage insufficient, so The Frances set about repaving and modernizing the track during its elongated off-season. According to veteran of everything on wheels Hurley Haywood, they dun good. Real good.

Having scaled back their operations in the last few months, Brumos Porsche is returning to the GT ranks this year with a familiar red white and blue Porsche GT3. Having lent their typical Daytona Prototype drivers to the ActionExpress team, Brumos leader Hurley Haywood is coming out of retirement to pilot the new Brumos GT3 with Andrew Davis. On the 17th the pair opened up their gleaming Porsche on the high banks of Daytona, along with the Chevrolet/Coyote DP of Spirit of Daytona racing. Hurley is pleased, and the rest of the Grand-Am field is now anxiously awaiting their respective turns on the famed 3.57 mile course.


El Camino To Make a Return? GM Considering It

On: Mon, Dec 20, 2010 at 2:18PM | By: Chris Weiss


El Camino To Make a Return? GM Considering It  test 1-1

The pickup car market really never recovered from the loss of the El Camino back in the late 80s. Sure, we have recently had things like the Subaru Baja, but that just didn't have the rugged, muscular looks and sheer utility of an old clunker like the Camino. And I fear that until the El Camino—or at least something very similar—returns, the pickup car will never get back to its glory days.

Good news on that front: a Jalopnik report citing three GM sources indicates that the General is carefully considering bringing back a legit pickup car. And it's likely going to be a Chevy that may just bear the El Camino nameplate.

The pickup car is coming back, baby! (Maybe.)


Saturn Ion May Possess Steering-Related Safety Issue

On: Mon, Dec 20, 2010 at 11:54AM | By: Sherry Christiansen


Saturn Ion May Possess Steering-Related Safety Issue test 1-1

Some Saturn Ion owners and operators may be having problems with their vehicles' power steering performance. The problem could stem from a lack of power fluid in the reservoir, a bad fuse, or some faulty wiring. Ion owners may have to take their cars into a General Motors service shop so they can switch out any faulty parts that may be present.

The Ions involved in the safety recall are model years 2004 to 2007. There are approximately 385,000 of these cars in circulation that could potentially have the steering defect. There have been well over 600 complaints made to U.S. auto-safety regulators by Ion drivers who indicated that they experienced a sudden loss of power steering.


BMW Vision EfficientDynamics To Cost $230K When It Debuts In 2013

On: Mon, Dec 20, 2010 at 11:49AM | By: Chris Weiss


BMW Vision EfficientDynamics To Cost $230K When It Debuts In 2013 test 1-1

In the market for a high-performance German-built hybrid supercar? Of course, we all are. Well, it's looking like your most affordable option at the moment will be the Vision EfficientDynamics from BMW. New reports indicate that the car will be priced from £150,000 ($234K) when it hits the market in 2013. Not exactly cheap, but lower than the expected $250,000 price tag of the Mercedes SLS E-Cell and way cheaper than the rumored $600,000 price of the Porsche 918 Spyder Hybrid.