NEWS BRAKE: Tuesday, April 21:
In today’s News Brake: A very rare Ferrari goes on the auction block, and we take a spin around the Shanghai motor show … But Wait, There’s More!
Read moreIn today’s News Brake: A very rare Ferrari goes on the auction block, and we take a spin around the Shanghai motor show … But Wait, There’s More!
Read morePeugeot has announced plans to auction off part of its massive rare car collection in June to raise funds for future conservation efforts.
Read moreIn a rare move these days, General Motors has told the federal task force on the automotive industry that it will not need $2 billion in loans this month. But GM still thinks it will need the full $22.
Read moreIn a rare move these days, General Motors has told the federal task force on the automotive industry that it will not need $2 billion in loans this month. But GM still thinks it will need the full $22.
Read moreA major U.S. automotive consulting firm on Wednesday provided some rare optimism about the state of the industry. First, CSM Worldwide predicts, federal aid soon will likely begin to flow to key suppliers.
Read moreA major U.S. automotive consulting firm today provided some rare optimism about the state of the industry. First, CSM Worldwide predicts, federal aid soon will likely begin to flow to key suppliers.
Read moreHere’s a sign rarely seen in today’s U.S. auto industry: “Now hiring.” More than 3,000 people stood in line for hours outside a Georgia workforce training office this week to apply for $10-an-hour jobs at Korean auto-parts supplier Sewon America.
Read moreIn this rare instance, a divorce seems to be benefiting everyone–including supercar fans.
Read moreThough we rarely meet a Porsche we don’t like, the 911 GT3 – a hardcore, track-tuned version of the legendary sports car – has always occupied a soft spot in our hearts. That likely won’t change, as the 2010 Porsche 911 GT3 has grown in all the right places.
Photo Gallery: 2010 Porsche 911 GT3 – Latest News, Features, and Reviews – Automobile Magazine
Apologies to the Mercedes-Benz SLR McLaren, but the 2010 Mercedes-Benz SL65 Black Series has just trumped it as the most powerful Mercedes-Benz ever made. This rare and menacing SL is the third Mercedes to earn Black Series status, and while the third time is usually the charm, in this case it’s a cruise missile. With all the king’s horses – 661 of them – Mercedes says that its ber-Benz accelerates to 60 mph in 3.6 seconds and needs to be electronically restrained to its 199-mph top speed.
Photo Gallery: 2010 Mercedes Benz SL65 AMG Black Series – Mercedes Benz Luxury Sport Coupe Review – Automobile Magazine
Mitec Automotive AG, a German auto-parts supplier, has sued Ford Motor Co. for breach of contract in a rare case of a supplier going public with a dispute with an automaker.
Read moreA week ago, it made headlines as the secret wreck worth a fortune. Now, we reveal super-rare Bugatti in all its glory.
Read moreIt’s no secret that we like the Jaguar XF at Automobile Magazine. The keys to our XF Supercharged Four-Seasons test car are rarely sitting around and we keep piling on the miles. We even named the newest Jaguar sedan a 2009 All-Star. But, like you, we’ve seen the spy photos and knew the English brand had something hotter coming. That hotter something is the XFR, released here at the Detroit show.
Photo Gallery: 2010 Jaguar XFR – 2009 Detroit Auto Show Coverage, New Car Reviews, Concept Cars – Automobile Magazine
Sleek and sexy are words that are rarely associated with Volvos. Rather, the name Volvo generally conjures up adjectives such as safe and secure. Yet, the 2009 Volvo S60 concept seeks to change that notion and instead prove that a Volvo can be both safe and sexy.
Photo Gallery: 2009 Volvo S60 Concept – 2009 Detroit Auto Show Coverage, New Car Reviews, Concept Cars – Automobile Magazine
Toyota Motor Corp. is likely to report its first operating loss in half a century in the current year ending March 31 as a result of plunging sales and the strength of the yen, the Nikkei financial daily reported.
Read moreIn what are troubled times for Opel and its General Motors parent company comes a rare but welcome bright spot: The Opel/Vauxhall Insignia has been voted European Car of the Year 2009.
Read moreIn a year when the U.S. auto market has been knocked out cold by the one-two punch of spiking fuel prices and the financial meltdown, it’s not easy finding a hero in the car business. Now that the tide of easy credit and cheap gasoline has gone out, we see that a lot of car companies have been swimming naked. But not Honda. Honda’s steadfast refusal to follow the herd once looked stubborn but now appears prescient. In an era when platinum-paid executives rarely deviate from the orthodoxy of the crowd, Honda’s Takeo Fukui has successfully avoided faddish trends and instead stayed true to the founding principles of Soichiro Honda and his successors. For that, Honda president and CEO Takeo Fukui is the 2009 AUTOMOBILE MAGAZINE Man of the Year.
Photo Gallery: 2009 Man of the Year: Takeo Fukui – Latest News, Features, and Reviews – Automobile Magazine
The Toyota profit machine tumbled to a rare loss in North America. Toyota Motor Corp. now expects global operating profit to plunge 73.6 percent to ¥600.0 billion, or $5.83 billion in the fiscal year ending March 31.
Read moreThe once mighty Toyota profit machine tumbled to a rare loss in North America, sending President Katsuaki Watanabe into crisis mode as he slashed sales and profit predictions.
Read moreToyota Motor Corp. tumbled to a rare loss in North America during the first half of its fiscal year, sending President Katsuaki Watanabe into crisis mode as he slashed the company’s outlook. Toyota now expects global operating profit to plummet 73.
Read more