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May
3rd

2011 Porsche Boxster Spyder, an AW Drivers Log Car Review:

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EXECUTIVE EDITOR--AUTOWEEK.
May
3rd

Ally’s Q1 profits fall 10% on weaker auto, home lending

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Ally Financial Inc., the auto and home lender preparing to go public, reported first-quarter profit fell 9.9 percent as income declined at its two core units.
May
3rd

2011 Lexus GS350 AWD

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2011 Lexus GS350 AWD
2011 Lexus GS350 AWD - Editors' Notebook - Automobile Magazine
The current-generation GS has been on the market for six years, an eternity in the world of premium cars.

The current-generation GS has been on the market for six years, an eternity in the world of premium cars. So when I drove it last night and asked myself the inevitable question, why would anyone buy this over its many much newer competitors, I said, well, Lexus must offer some killer lease deals on the GS. So I went to the Lexus Web site expecting to find these killer lease deals with, like, headlines blaring, "Drive a Lexus GS350 for only $599 a month, no money down!!!" I didn't find anything of the sort, but I did come across a Lexus-provided comparison of the GS with three principal competitors: the Mercedes-Benz E350, the Infiniti M37, and the BMW 535i. Lexus claims that, in order to get models equipped as well as the GS350 is for its $48,925 base price, you'd have to spend $55,075 for the Infiniti, $58,345 for the Mercedes, and a whopping $63,575 for the BMW. I didn't double-check their specification charts and math, but I have no reason to think they are stretching the truth. All four sedans are available with either rear- or all-wheel drive, all of them are comfortable and luxurious and have powerful six-cylinder engines, and all four of them should prevent you from being snubbed by your country-club valets, even if they aren't parked in the front circle drive.


Photo Gallery: 2011 Lexus GS350 AWD - Editors' Notebook - Automobile Magazine


May
3rd

US: AA&M doubles Q1 net profit

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American Axle & Manufacturing Holdings booked irst quarter 2011 sales of US$645.6m, up 24% year on year as non-GM sales grew approximately 44% to $178.4m.
May
3rd

Spyker signs deal with China’s Hawtai Motor to raise funds for Saab:

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Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution.
May
3rd

Tenneco posts higher Q1 profit, issues warning about Japan

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Tenneco Inc., which makes emission control and ride control systems, posted a higher-than-expected quarterly profit, but warned that industry production in the second quarter will be hurt by the Japan crisis.
May
3rd

Skoda launches new SE Plus trim

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New trim level, between SE and Elegance, could save customers up to £1,310.


May
3rd

INDIA: Mercedes to build A & B class by 2013

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Mercedes Benz India is to widen its product range to gain leadership in the luxury car segment here. BMW has already overtaken it and Audi closing the gap.
May
3rd

SWEDEN: Antonov "heavily involved" in Saab Hawtai deal

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Saab's prospective Russian investor Vladimir Antonov was "heavily involved" in the deal that saw Chinese company Hawtai agree to plough EUR150m (US$222m) into Saab.
May
3rd

INDONESIA: ASEAN Q1 sales rise by 24% to 697,000

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New vehicle sales in the ASEAN region's six largest markets grew by 24% to 697,337 units in the first quarter of 2011, from 562,203 units a year earlier, according to data collected from industry sources across the region.
May
3rd

SWEDEN: Wary suppliers moot Saab "cash on delivery" possibility

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A Swedish suppliers body is estimating Saab might have to pay "cash on delivery" in order to satisfy its members following today's (3 May) deal with Hawtai Motor of China that has thrown a lifeline to the troubled automaker, whose factory remains idle.
May
3rd

BACKGROUNDER: Hawtai who?

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Surprise Saab financial saviour Hawtai Motor Group claims on its website to be one one of the largest automakers in China. It was founded in 2000 and has two plants located in Rongcheng, Shandong province, and Erdos, Inner Mongolia province.
May
3rd

GERMANY: MAN performance points to wider recovery

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MAN is the third European truckmaker to beat first quarter expectations, pointing to a wider recovery in the sector. First-quarter operating profit more than doubled to EUR325m (US$481.3m), it said on Tuesday, beating the EUR307m estimated by analysts.
May
3rd

Saab gets Chinese funding

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Swedish car firm receives major boost with huge investment from Hawtai.


May
3rd

SWEDEN: New Chinese partner secures financing for Saab

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Saab Automobile has signed a EUR150m (US$222.5m) agreement with Hawtai Motor Group to produce and sell Saab cars in China.
May
3rd

Volkswagen aims for ‘profitable growth’ on additional models, factories

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Volkswagen's plans to add factories and models will ensure "profitable growth" at Europe's biggest carmaker in coming years, CEO Martin Winterkorn said.
May
3rd

Ford Fiesta GTR

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Dealer special gets pumped-up styling and but promises low running costs for young buyers.


May
3rd

Vote for your style king of 2011!

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The Auto Express Design Award 2011 is your chance to decide the best-looking car of the last 12 months, so click through to have your say
May
3rd

BMW’s new 4-Series shapes up

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‘3-Series GT’ to be given new badge and is due for Frankfurt show debut
May
3rd

Peugeot 6008 for China

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Rugged SxC to spawn Audi Q7-rivalling 6008 and it will be designed with Chinese tastes in mind
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up van, insurance you can rely on is a must.
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