Volvo Cars and Saab have reportedly approached Sweden’s government about financial aid.Read more
Individual countries face huge job losses unless they prop up their automakers, a leading industry figure said on Monday.Read more
The Big 3 US automakers are finalising plans to be submitted to Washington lawmakers later this week that they hope will secure ‘bridging loan’ finances capable of getting them through a gaping liquidity hole next year.Read more
Fiat deputy chairman John Elkann has dismissed talk of the possible spin-off of Fiat’s car-making division, saying now is not the time.Read more
A dozen Japanese automakers have cut global output for financial year 2008/9 by 1.9m units compared with original projections, a Japanese news agency calculated.Read more
Germany’s small and medium-sized component suppliers could be under threat of insolvency if they cannot get access to financing soon.Read more
Your dream car could be a bit of fiscal recklessness and a sweet lease deal away.
For the vast majority of this magazine’s readers (and, I would guess, a full majority of its writers), exotic cars are an exercise in voyeurism. I enjoy reading Ferrari reviews not because I need to make an educated purchase decision, but because I want to know what it feels like to mat the throttle of an F430 on an increasing-radius on-ramp. I want to hear about how the Bugatti Veyron’s acceleration feels like a blind-side sack from Rodney Harrison or learn why, exactly, a Morgan Roadster uses wooden body framing instead of the possibly more-effective metal variety. And does the Morgan warranty cover termites? This is information I need to know.
Photo Gallery: Exotic Car Lease – Dream Cars – Automobile Magazine
With a bit of luck, the Estoque will become Lamborghini’s best-selling model by 2012.
After years of casting around for a third model, Lamborghini has settled on what Manfred Fitzgerald, head of brand and design, rather presumptively calls “the world’s first supersedan.” The dramatic Estoque, revealed in concept form at the Paris auto show, isn’t called a four-door coupe by its makers, but it certainly would travel in the extrawide tire tracks of cars like the Porsche Panamera and the Aston Martin Rapide, both of which it would follow to market, in 2012.
The latest Dodge, as seen here, is a nice piece of work in terms of styling and engineering, building on the previous generation and replacing the traditional leaf springs in back with coil springs for an improved ride.
Back in 1986, Chrysler-designer-turned-Dodge-car-marketing-manager Bob Marcks had the idea that a tough “big rig” look could transform Dodge pickup sales. He made a couple of rough sketches, and even though trucks weren’t his business, his idea was picked up in the creative ferment of the Bob Lutz/Tom Gale era at the old “New” Chrysler Corporation, resulting in the production vehicle that debuted at the Detroit auto show in 1993. That the aggressive styling really mattered was proven by results: with pretty much the same old underpinnings, sales tripled less than a year after the Ram went on sale. At one point, the Ram pickup was the third best-selling vehicle in America, ahead of all passenger cars and behind only the perpetual leaders, Ford‘s F-150 and Chevrolet‘s Silverado.
A growing number of dealerships in Germany are being pushed toward insolvency by a sharp run-up in financing costs or the curtailment of credit altogether.Read more
With the world economy in a funk, at least we can find solace in nifty sports cars like the 370Z when our spirits need a lift.
The financial bear has taken a deep bite out of every sports car’s hide. During October, entry-level roadster sales plummeted by more than fifty percent versus a year ago. Honda S2000 and Pontiac Solstice sales were down by two-thirds.
New-car sales fell steeply in major European markets including Spain, Italy and France during November. In Spain, sales dropped 49.6 percent to 63,068 units compared with a year earlier.Read more
Spanish car sales fell 49.6 percent in November, marking the biggest fall in nearly 16 years as Spaniards slashed spending amid credit restrictions and soaring unemployment, industry data showed on Monday.Read more
General Motors and Ford Motor have approached the Swedish government about aid for their Saab and Volvo car units, the Financial Times said on Monday.Read more
Spanish car sales fell 49.6 percent in November, marking the largest fall in seven straight months of decline amid credit restrictions and a collapse in consumer spending, car-industry group ANFAC said on Monday.Read more
Italian industrial group Fiat will make profits next year even if its revenues fall as much as 20 percent, Fiat Deputy Chairman John Elkann was quoted as saying on Sunday, in line with the group’s forecasts.Read more