The Latest News And Reviews
Throughout The Car Industry
It seems General Motors has been making the most of all that bail-out money it got some time ago because, as you can see from the following press release, they are making some pretty good money. Net income is up 89% over last quarter. CEO and chairman Dan Akerson even gives the new Chevrolet Sonic a shoutout, but we know what he was thinking—the same thing we were: "C7, here we come!"
Posted In: Car News, Miscellaneous, Reports
Tags: GM, General Motors, Stock, Holdings, Quarterly Profit, Stock Price, Chevrolet, Corvette, car news
In a joint venture, Toyota aims to have Tesla provide an electric powertrain for next year’s RAV4 EV. Amidst confusion as to where the vehicles would actually be assembled, Toyota Motor Corp. recently announced that the upcoming RAV4 electric vehicle would be built in-house next year, rather than at the Tesla Motors Inc. plant in California. The companies said, just yesterday, that Toyota’s Tesla-powered EV would be assembled in Woodstock, Ontario—the current home of RAV4 production.
Thus far, neither Toyota nor Tesla have provided either production volume estimates or pricing for the RAV4 EV. However, we do know that Toyota will cut a check for $100 million to Tesla for an electric powertrain made to fit the RAV4. Having a specific dollar amount tends to suggest that this arrangement will probably be for a pre-determined quantity and duration, rather than a completely open deal to provide goods as needed. Models should begin arriving in dealerships in 2012.
Posted In: Car News, Hybrid / Green, Videos
Tags: Tesla, Toyota, RAV4, RAV 4, RAV-4, powertrain, Canada, joint, venture, joint-venture
With the upcoming Chevrolet Sonic, all eyes turned away from Chevy… assuming the automaker could go no smaller. Look again! For 2012, Chevrolet just announced that an even smaller production vehicle should hit the US market following the Sonic. General Motors executive director of North American product communications, Jason Laird, recently confirmed their latest minicar, aka the Chevrolet Spark, should arrive during the first half of 2012 as a 2013 model.
Those of us with long memories may recall that GM announced the Spark back in early 2009. Of course, that announcement came just before widespread bankruptcy and government-bailout refinancing—delaying the Chevy Spark, until now.
Posted In: Car News, Reports, Videos
Tags: Chevy, Chevrolet, mini, micro, car, minicar, microcar, subcompact, Spark, 2012, 2013, green, Sonic
In a recall issued this week, it seems that 2007 and 2008 weren't just about faulty Toyotas. If you own any minivan made by Chrysler in the 2008 model year, those being the Chrysler Town and Country, Chrysler Voyager, or Dodge Grand Caravan, it would behoove you get back to the dealer as soon as possible. It seems that nearly 300,000 vehicles may suffer an inadvertent airbag deployment.
Posted In: Miscellaneous, Reports, Safety, Recalls
Tags: Recalls, Chrysler, Dodge, Plymouth, Minivans, Grand Caravan, Town and Country, Voyager, airbags, safety
My, the world has changed, hasn't it? It seems like only yesterday a young, virile Sean Connery was racing around in an Aston Martin DB5, beating the villains, getting the girl, and all was right with the world. Ever since the time of Goldfinger, Aston Martin has still kept a very Bond-like cachet about it that exuded from most every model they have created for public consumption—a subtle "Yes, I am a little better than you" attitude that seemed somehow... accepted... over the course of time. But, all that glitz and glamor seems to have come and gone with the advent of the Aston Martin Cygnet.
Tags: Aston Martin, Cygnet, Toyota, iQ, Scion, green, hybrid, mpg, luxury
There aren't many cars more bad-ass than the new Lamborghini Aventador LP700-4. Except the Tumbler from Christopher Nolan's first two installments of Batman movies is one such vehicle. In fact, that car is more bad-ass than nearly anything with four wheels, though the Marauder would certainly give it a run for its money.
Since Batman is invariably more bad-ass than alter ego Bruce Wayne, he drives the Tumbler. And, as some new photos of the film set confirm, he's going to continue driving the Tumbler in the next Batman movie.
Posted In: Car News, Special / Limited Edition
Tags: Batman, movies, Tumbler, Batmobile, The Dark Knight Rises, Lamborghini, Aventador LP700-4
It’s a party and I’ll cry if I want to. At the Camaro Homecoming in Oshawa, Ontario, Chevrolet exposed the crowd to a physical manifestation of the company’s latest and greatest muscle machine: the ZL1. By now, the specs of the ZL1 have reached the eyes and ears of enthusiasts around the globe, but few have actually heard the vehicle’s robust dual mode exhaust note or had the opportunity to drool over the suede-wrapped, flat-bottom steering wheel. That’s all about to change.
The ZL1’s Chief Engineer Al Oppenheiser (with a last name seemingly destined for engineering) shows us some of the best features of Chevy’s latest Mustang killer. Oppenheiser suggests that over 1/3 of the original SS model has been changed to create the ZL1—which he affectionately labels ‘Zed-L1’.
Posted In: Car News, Special / Limited Edition, Videos
Tags: Camaro, Chevy, Chevrolet, SS, 1SS, ZL1, Zed-L1, video, release, official, Mustang
We all know that a convertible version of the 458 Spyder is the next Ferrari on the docket. Ferrari told us so via Fiat. Apparently, the open-top version of Ferrari's award-winning mid-level coupe is coming pretty soon, because Maranello has already started showing it off to potential buyers. One such VIP has done a little yammering, providing a few details on the upcoming convertible.
Posted In: Rumors, Exotics
Tags: Ferrari, 458, 458 Spyder, reports, rumors, supercars
In the world of luxury sport convertibles, there are plenty of options available, and the choice you make depends on how deep your pockets are and how much of an impression you want to make. If you have the cash to spend, there is almost certainly a car that can meet or, more than likely, exceed your expectations.
Choices like the Jaguar XK convertible and Porsche 911 cabriolet offer plenty of open-air performance, while cars like the Mercedes SL and the new BMW 650i drop-tops promise to provide plenty of all-around style, comfort, and enough excitement to get the blood pumping on most empty highway on-ramps. But, maybe all of those very capable cars are just not enough.
Tags: Maserati, GranTurismo Convertible, GTC, luxury, Italian, convertible, BMW, Jaguar, Mercedes, Aston Martin
The Fisker Karma may not perform quite like the Bugatti Veyron just yet, but it is one of the most compelling plug-ins that we've seen yet. And after nothing but delay after delay after price increase after delay, it's finally making its way out to customers.
Despite reports that Leonardo DiCaprio would be the very first to receive his Karma, the automaker kept it a little closer to home for its first delivery. Fisker Chairman Ray Lane took the keys to the very first Karma (in somewhat of a creepy, over the top moment, if you ask me), and ushered in the official Fisker era. Lane's Karma is a 2012 Signature Series in 'Silver Mirage.'
Tags: Fisker, Karma, hybrids, plug-ins, sports cars, green, Bugatti, Veyron
In the last few days, reports have come in from several different sources expressing dire concern for the 2012 Honda Civic. So much so, that Consumer Reports refused the Civic its ‘Recommended’ rating for the first time in 10 years. In fact, the only supporter of the 2012 Civic seems to be Cars.com which lauds the Civic’s “terrific mileage, comfortable cabin, top safety scores, high resale value and long track record of reliability.” Despite a singular positive review, our fellows at Autoblog and Consumer Reports offer little praise. By all accounts the 2012 Civic looks to be a step down from the current model. But, let’s be honest here—a Honda is still a Honda. Buyers will still find all the things they know and love about Honda in the 2012 Civic.
Posted In: Car News, Reports, Car Reviews
Tags: Consumer Reports, Autoblog, cars.com, Civic, Honda, 2012, report, review, reviews, recommended