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May
29th

Dale Jr. is unhappy and Aston Martin is coming to F1, in News Brake for Friday, May 29:

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In today's News Brake: Dale Jr. is unhappy with his on-track performance, Aston Martin wants to join the Formula One grid and a legendary Corvette is headed for the auction block ... But Wait, There's More! Full story...
May
29th

Visteon gets bankruptcy court OK to pay wages

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U.S. auto parts maker Visteon Corp. received interim court approval today to pay wages, benefits and payroll taxes while in bankruptcy. The approval came during a hearing in U.S. Bankruptcy Court in Delaware. Full story...
May
29th

Nissan, Renault reach for more savings

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Feeling the sting of operating losses around the world, Nissan Motor Co. and its French alliance partner Renault SA have assigned a task force to squeeze more savings out of shared vehicle platforms, assembly plants and purchases. Full story...
May
29th

General Motors says it plans to build small car in U.S.:

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General Motors said Friday that it plans to build a small, fuel-efficient car in the United States that will compete in the “B-segment” as the company tries to comply with stiffer mileage mandates recently proposed by the Obama administration. Full story...
May
29th

Bob Lutz on erasing GM’s ‘reputational deficit’

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General Motors' potential tagline in bankruptcy: "GM. Yes, we can." Full story...
May
29th

UAW members vote 74% in favor of new GM contract

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General Motors hourly workers represented by the UAW overwhelming approved contract concessions this week in advance of GM's probable bankruptcy filing. The GM rank-and-file voted 74 percent in favor of the contract, the UAW announced today. Full story...
May
29th

GM workers vote 74% in favor of UAW contract

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General Motors hourly workers represented by the UAW overwhelming approved contract concessions this week in advance of GM's probable bankruptcy filing. The GM rank-and-file voted 74 percent in favor of the contract, the UAW announced today. Full story...
May
29th

Dealers go back to school at new Toyota sales college

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Toyota wants to send its dealers back to school -- sales college to be exact. Starting June 1, class is in session at the newly christened Toyota Sales Logistics College at the company's headquarters in Toyota City. Full story...
May
29th

Dealers go back to school at Toyota sales college

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Toyota wants to send its dealers back to school -- sales college to be exact. Starting June 1, class is in session at the newly christened Toyota Sales Logistics College at the company's headquarters in Toyota City. Full story...
May
29th

2009 Sneak Preview: 2010 Lotus Evora

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2009 Sneak Preview: 2010 Lotus Evora
2010 Lotus Evora - 2009 Sneak Preview - Automobile Magazine
With the Evora, Lotus expands from track-day toys like the Elise and the Exige into the realm of the high-performance GT.

With the Evora, Lotus expands from track-day toys like the Elise and the Exige into the realm of the high-performance GT. Although the Evora follows recent Lotus practice by using an aluminum-spaceframe structure and a mid-mounted engine, the car is much larger, more luxurious, and more livable than any of the current models. The standard setup is a two-seater with a cargo deck behind the front seats, but a two-plus-two configuration is also offered, as are luxuries like navigation, a backup camera, and a full leather interior. The engine is again sourced from Toyota - this time the Camry's 3.5-liter V-6. In the hands of Lotus engineers, it makes 276 hp and 252 lb-ft of torque. A six-speed manual is standard, but an automatic eventually will be added. Lotus claims this heretofore humble engine will propel its new GT to 160 mph and provide a five-second 0-to-60-mph sprint. The Evora will be the top-model Lotus when it arrives here early next year, priced from about $70,000.


Photo Gallery: 2010 Lotus Evora - 2009 Sneak Preview - Automobile Magazine


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May
29th

2009 Sneak Preview: New and Future Porsche Cars

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2009 Sneak Preview: New and Future Porsche Cars
New and Future Porsche Cars - 2009 Sneak Preview - Automobile Magazine
That gnashing of teeth you hear is the Porsche faithful agonizing over another deviation from sports cars.

Just like you, we always want to know what's coming next from Detroit, Tokyo, Stuttgart, Munich, Los Angeles, and all the other places where automotive engineers and designers dream and scheme on our behalf. Car companies, of course, are loath to share information on new products lest their competitors try to copy them--or you decide not to buy the cars they already have on dealer lots. Car companies, though, are simply groups of people, and some of them have a hard time keeping secrets. So, we poke, we prod, we cajole, and we uncover information that becomes the basis for our annual Sneak Preview issue. As always, some of our information is educated guesswork based on hints, insinuations, hunches. Make no mistake, though, these cars are on their way, even though details may change. Ladies and gentlemen: our list of 136 cars coming over the next few years...


Photo Gallery: New and Future Porsche Cars - 2009 Sneak Preview - Automobile Magazine


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May
29th

GM bondholders urged to accept new debt deal

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Advisers to General Motors bondholders representing $27 billion in the automaker's debt urged investors today to support a debt swap negotiated over the past week with the Obama administration. Full story...
May
29th

GM prepares to tell more dealerships they’ll be terminated

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General Motors plans to start telling more dealerships that they will be terminated when their franchise agreements expire in 17 months. Full story...
May
29th

GM prepares to tell more dealerships they’ll be shed

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General Motors plans to start telling more dealerships that they will be terminated when their franchise agreements expire in 17 months. Full story...
May
29th

GM may be offered deal to stay in Detroit’s Renaissance Center

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If General Motors wants to stay at Detroit's Renaissance Center, it'll have a powerful new tax incentive to work with. Full story...
May
29th

Key events during 7 difficult months for Opel

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May 29 (Reuters) -- Austrian-Canadian car parts group Magna International has reached a preliminary deal with General Motors to invest in its German unit Opel, sources close to the negotiations told Reuters on Friday. Full story...
May
29th

GM may be offered deal to stay in Detroit headquarters

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If General Motors wants to stay at Detroit's Renaissance Center, it'll have a powerful new tax incentive to work with. Full story...
May
29th

INDIA: Nissan HQ delegation to visit new Chennai facility

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A delegation from Nissan Motors' Japanese headquarters led by executive vice-president Colin Dodge and including senior VP Gilles Normand, corporate VP Andy Palmer and at least five other top ranking officials, is expected to visit the company's new manufacturing facility in Chennai next week. Full story...
May
29th

FACTBOX — Magna’s plans for Opel

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Here are comments made by Magna co-Chief Executive Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
May
29th

Highlights of Magna’s plans for Opel

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Here are comments made by Magna co-CEO Siegfried Wolf to reporters in Berlin last week about his plans for Opel: Full story...
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