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Apr
8th

Daimler predicts drop in revenue for auto business

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German carmaker Daimler forecast a "significant" drop in revenue in all of its automotive businesses this year as it pushed back its expectations of when the crisis-hit industry might recover. Full story...
Apr
8th

First Look: 2011 Jeep Grand Cherokee

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First Look: 2011 Jeep Grand Cherokee
2011 Jeep Grand Cherokee - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine
Ironically, it's only years after the big divorce that the Jeep brand finally benefits from the DaimlerChrysler marriage.

Ironically, it's only years after the big divorce that the Jeep brand finally benefits from the DaimlerChrysler marriage. An all-new Jeep Grand Cherokee debuts for 2011, and it now shares its underpinnings with the Mercedes-Benz M-class SUV. Better late than never, we suppose.


Photo Gallery: 2011 Jeep Grand Cherokee - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine


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Apr
8th

First Look: 2009 Scion iQ Concept

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First Look: 2009 Scion iQ Concept
2009 Scion iQ Concept - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine
Will Scion Sell Toyota's Tiny iQ here? That's up to the youth of America to decide.

Toyota already sells the iQ, a tiny urban runabout, in Europe and Japan, but this is the first time the company has acknowledged a desire to sell the car here in America. The Scion iQ concept that debuted at the 2009 New York Auto Show wears high-zoot bodywork from Five Axis, a car customizer from Huntington Beach, California, but if an iQ comes to your Scion dealership, it likely won't look quite as crazy as this.


Photo Gallery: 2009 Scion iQ Concept - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine


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Apr
8th

GM bringing direct injection technology to mainstream models

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Direct injection, a highly precise fuel saving technology, will be standard on the new GMC Terrain small SUV, General Motors plans to announce today at the New York Auto Show. Full story...
Apr
8th

First Look: 2010 Land Rover Range Rover Sport

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First Look: 2010 Land Rover Range Rover Sport
2010 Land Rover Range Rover Sport - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine
The Range Rover Sport, which was introduced in 2005, gets its first significant refresh for the 2010 model year.

The Range Rover Sport, which was introduced in 2005, gets its first significant refresh for the 2010 model year. A new front-end design features a lower grille, new headlamps with LED lights arranged in a Gatling-gun style, a new front bumper, and new front fenders with restyled side vents (the styling clich of the moment).


Photo Gallery: 2010 Land Rover Range Rover Sport - 2009 New York Auto Show Coverage, New car Reviews, Concept Cars - Automobile Magazine


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Apr
8th

Jay Leno brings comic relief to battered Motown

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In a nod to the gloomy economy, late-night comedian Jay Leno hosted a show on Tuesday to lift the battered spirits of Detroit residents facing steep unemployment and a faltering auto industry. Full story...
Apr
8th

Visteon interiors chief named CEO of Key Plastics

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Visteon Corp.'s former interiors and lighting president has been named CEO of supplier Key Plastics LLC. Full story...
Apr
8th

Fiat stake in Chrysler would increase as benchmarks reached

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Fiat S.p.A.'s equity stake in Chrysler LLC would be allowed to increase in blocks of 5 percentage points as the Italian automaker reaches certain benchmarks in bringing technology to its potential U.S. partner. Full story...
Apr
8th

Belarus offers tax breaks to attract auto production

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Belarus is offering tax breaks to automakers willing to set up assembly plants in the ex-Soviet state. The Belarus government hopes ultimately to create a national automaking plant, Igor Rogozin, a senior government official said. Full story...
Apr
8th

Schaeffler gets 1 billion euro credit line

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German bearings maker Schaeffler Group got a 1 billion euro ($1.35 billion) credit line from its banks to shore up its finances. The company has been burdened with billions of euros in debt since its takeover of larger rival Continental. Full story...
Apr
8th

Auto suppliers to get $3.5 billion in federal aid, not $5 billion

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The U.S. Treasury said today that Chrysler LLC and General Motors have launched supplier support programs backed by U.S. government funds. The programs will guarantee receivables owed to the auto parts suppliers for any goods shipped after March 19. Full story...
Apr
8th

Fiat stake in Chrysler to increase gradually

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Fiat S.p.A.'s equity stake in Chrysler LLC would be allowed to increase in blocks of 5 percentage points as the Italian automaker reaches certain benchmarks in bringing technology to its potential U.S. partner. Full story...
Apr
8th

2010 Volkswagen GTI unveiled at New York

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Volkswagen is capitalizing on the sleek new restyle of its 2010 Golf to launch a meaner-looking 2010 GTI. The high-performance variant built on the Golf platform just took the stage at the 2009 New York International Auto Show (NYIAS), embodying the latest from the long-lived model that's found fame with enthusiasts after economical performance and fun-to-drive dynamics. Full story...
Apr
8th

Scion iQ bows in New York

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Marketing folks have determined that a great way to sell Toyotas to young North Americans is to do so with a separate brand. The Scion brand was devised to do just that. Available in the US and parts of Canada, Scion is big on customizability, fun and value. Full story...
Apr
8th

2010 GMC Terrain and 2010 Yukon Denali Hybrid shown in New York

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The 'professional grade' division of General Motors had two new models on display for attendees of the New York International Auto Show (NYIAS) earlier this week. Both the new Yukon Denali Hybrid and the brand's upcoming Terrain crossover were on present, showing a planned enhancement of the GMC product lineup. Full story...
Apr
8th

2010 Buick Allure, 2011 Chevrolet Cruze and 2010 Saab 9-3X at NYIAS

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The future of GM was on full display at this year's New York International Auto Show (NYIAS). In line with the automaker's plans to reduce fuel consumption and emissions across their model lineups, new gas-saving technologies and hybrids were the name of the game at GM's expansive exhibit. Full story...
Apr
8th

GT: GT1 World Championship will be a reality in 2010

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The 2009 season of the FIA GT Championship got underway with the official media launch, which took place at the Paul Ricard HTTT circuit, within two days of official testing. Full story...
Apr
8th

IndyCar: Helio Castroneves’s trial soon over

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The Associated Press is reporting on Wednesday that the prosecution and the defense are both done making their respective cases in the tax evasion trial of Team Penske IndyCar driver Helio Castroneves. Full story...
Apr
8th

GM partners with Segway: Auto123.com Reaction

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GM and Segway jointly presented a very interesting prototype addressing the reduced mobility needs of city dwellers. Very smart in its application, it has the advantage of offering two seats, and some space, compared to the Segway Personal Transporter's (PT) one. Full story...
Apr
8th

Porsche shows 911 GT3 to New York

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There's sure to be a buzz at the New York International Auto Show (NYIAS) around the Porsche stand as the automaker presents their latest model to the public. On display will be the stunning new 911 GT3. Full story...
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