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May
11th

Ford to sell 300M shares to cut UAW obligation

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Ford Motor Co. said today that it would sell 300 million common shares and use part of the proceeds to pay off its health-care obligations to the UAW under the terms of a recently concluded deal with the union. Full story...
May
11th

Maserati GranTurismo convertible spied:

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The Maserati GranTurismo could soon be going topless, as spy shooters have caught a convertible version of the hot Italian sports car in testing on the Nürburgring. Full story...
May
11th

Chrysler lawyers ask judge to be paid first

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Chrysler LLC's lawyers have taken the unusual step of asking a judge to give their fees special priority, which attorneys on the case said suggests unsecured claims such as trade debts won't be paid. Full story...
May
11th

2009 Volkswagen Jetta TDI – Four Seasons Update – April 2009

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2009 Volkswagen Jetta TDI - Four Seasons Update - April 2009
2009 Volkswagen Jetta TDI - February 2009 Four Seasons Update Review - Automobile Magazine
Our new road test coordinator, Mike Ofiara, succinctly summarized our general consensus after his first drive in the TDI: "The Jetta is a good car. And for about $23K, it's a great car."

Months in Fleet: Seven
Mileage to Date: 16,507


Photo Gallery: 2009 Volkswagen Jetta TDI - February 2009 Four Seasons Update Review - Automobile Magazine


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May
11th

2009 Sneak Preview: 2010 Buick LaCrosse

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2009 Sneak Preview: 2010 Buick LaCrosse
2010 Buick LaCrosse - 2009 Sneak Preview - Automobile Magazine
American nameplate, Chinese audience, European sedan.

Now that Buick has fewer internal competitors, its first truly new sedan in more than a decade might garner some attention. The 2010 LaCrosse drops the ancient 3.8-liter V-6 and W-body platform that have served as the basic ingredients for every mid-size Buick sedan since the 1990 Regal; in their place, it uses mechanicals from the Opel Insignia. That means it rides on the next generation of GM's Epsilon architecture and is powered by a pair of direct-injection V-6s producing either 255 or 280 hp.


Photo Gallery: 2010 Buick LaCrosse - 2009 Sneak Preview - Automobile Magazine


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May
11th

GM’s Henderson offers a ray of hope for Sky, Solstice:

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There appears to be a slight glimmer of hope for fans of the Saturn Sky and the Pontiac Solstice. Full story...
May
11th

NEWS BRAKE: Monday, May 11:

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In today's News Brake: Helio Castroneves has a great weekend at Indy; Fritz Henderson warns that a GM bankruptcy is more likely; and the Honda Insight is off to a fast start in Japan . . . But Wait, There's More! Full story...
May
11th

States watch Chrysler’s possible impact on workers’ comp

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States are carefully monitoring Chrysler LLC's bankruptcy case for its possible impact on workers' compensation funds. Full story...
May
11th

By Design: 2009 Infiniti Essence

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By Design: 2009 Infiniti Essence
2009 Infiniti Essence - Design Analysis - Automobile Magazine
Too much of a good thing is still . . . too much.

Programming guru Sir Charles Antony Richard Hoare talked about a different kind of design, but his comments accurately summed up the Infiniti Essence concept car long before it was conceived: "There are two ways of constructing a design. One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." For its 2009 Geneva show car, Infiniti's design team chose the latter.


Photo Gallery: 2009 Infiniti Essence - Design Analysis - Automobile Magazine


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May
11th

GM open to HQ move as bankruptcy risk looms

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General Motors is open to considering moving its headquarters from Detroit, selling U.S. plants and renegotiating its restructuring plan with its major union as it heads toward probable bankruptcy, CEO Fritz Henderson said today. Full story...
May
11th

UK: More government support ‘critical’ for EV market

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Research company Frost & Sullivan (F&S) estimates that the European market for electric vehicles (EVs) could potentially grow to 480,000 units by 2015. However, it cautions that more government support is needed - on both the supply and demand side. Full story...
May
11th

US: GM plant closure plans anger unions

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General Motors is arguing with its key labour union over plans to shut US plants and outsource production to Mexico and Asia as bankruptcy looms, union sources have said. Full story...
May
11th

Scirocco strikes oil

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New GT TDI diesel coupé uses Golf GTD engine to offer improved economy and lower emissions


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May
11th

Scirocco strikes oil

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New GT TDI diesel coupé uses Golf GTD engine to offer improved economy and lower emissions


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May
11th

GM bond offer must be ‘materially improved,’ source says

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A 10-member General Motors bondholder committee has said GM's offer of 10 percent equity would have to be "materially improved" to get any approval of a substantial number of unsecured bondholders, a source familiar with the committee's strategy... Full story...
May
11th

BMW’s baby SUV takes first steps

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BMW is hoping for big things from its new small 4x4. This spyshot is the first to reveal the showroom-ready X1, which will share much of its engineering with the forthcoming MINI Crossman.


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May
11th

‘Calibra’ heads Vauxhall plan

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Insignia coupé one of 20 all-new models, as green technology becomes key to bosses’ plans.


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May
11th

Hybrid 370Z on the way

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Coupé could get electric motor running off lithium-ion batteries – to produce first performance hybrid


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May
11th

‘Self-drive’ Audi spied on the road

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Cutting-edge A8 fitted with self-drive cameras spied on test


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May
11th

GERMANY: Porsche eyes Wolfsburg or Hannover for merged company

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The new company resulting from the merger of Volkswagen and Porsche will be based in Wolfsburg or Hannover, Spiegel magazine reported. Full story...
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