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Apr
28th

Ford Fusion hybrid hypermiles to 81.5 mpg:

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The 2010 Ford Fusion hybrid gets up to 41 mpg--officially. But with a little effort, you can easily double that. Full story...
Apr
28th

NADA chief urges GM to support dealers who are forced to shut down

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The head of the National Automobile Dealers Association urged General Motors to offer "proper compensation" in its plan to eliminate more than 40 percent of its U.S. dealerships in less than two years. Full story...
Apr
28th

Denso forecasts second year of losses

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Japanese supplier Denso Corp., the world's second-biggest auto parts maker, is forecasting a second straight year of losses as the global market meltdown hammers North American sales to Toyota Motor Corp. and the Detroit 3. Full story...
Apr
28th

When Saturn goes, so does a quarter of GM’s hybrid sales

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When General Motors closes down Saturn later this year, it will lose just over a quarter of its sales of fuel-saving hybrids -- the type of vehicles that the Obama administration wants automakers to build more of. Full story...
Apr
28th

Denso predicts second year of losses

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Denso Corp., the world's second-biggest partsmaker, is forecasting a second straight year of losses as a result of continued declines in European and U.S. new-car sales at top customers such a Toyota Motor Corp. Full story...
Apr
28th

NEWS BRAKE: Tuesday, April 28:

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In today's News Brake, it's a full-course meal of spy shots of upcoming rides from Ford, Porsche and Saab ... But Wait, There's More! Full story...
Apr
28th

Mercedes-Benz G-Class – Gelandeplowagen

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Mercedes-Benz G-Class - Gelandeplowagen
Mercedes-Benz G-Class - Gelandeplowagen - Automobile Magazine
If you're going to spend twelve hours plowing snow, it may as well be from behind the wheel of a Gelandewagen.

The Mercedes-Benz G-class - otherwise known as the Gelandewagen - celebrates its thirtieth birthday this year. There are plenty of contemporary models that are riding streaks longer than that, but none of them have done so in quite the same manner as the G-wagen. You see, this isn't just a thirty-year-old nameplate; it's a thirty-year-old vehicle. A heavily updated one, to be sure, but still the same box Mercedes rolled out when Jimmy Carter was president and Journey hit number sixteen on the Billboard charts with "Lovin', Touchin', Squeezin'." Not to belabor the point, but this rig hit the streets the same year that the Gairy dictatorship in Grenada was overthrown by the New Jewel Movement. Gosh, does that make me feel old.


Photo Gallery: Mercedes-Benz G-Class - Gelandeplowagen - Automobile Magazine


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Apr
28th

Attorneys unlikely to share pain in GM bankruptcy

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A General Motors bankruptcy promises plenty of pain for bondholders, workers, dealers and shareholders, but lawyers are likely to reap $1 billion in fees, charging Uncle Sam as much as $1,000 an hour. Full story...
Apr
28th

Chrysler’s main creditors reach deal with U.S.; others hold out:

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The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. Full story...
Apr
28th

2009 Hyundai Genesis 4.6 – Four Seasons Update – April 2009

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2009 Hyundai Genesis 4.6 - Four Seasons Update - April 2009
2009 Hyundai Genesis 4.6 - April 2009 Four Seasons Update Review - Automobile Magazine
With families in tow, our two youngest staffers logged more than 3000 miles in the last month alone.

Miles to Date: 8653
Months in Fleet: Four


Photo Gallery: 2009 Hyundai Genesis 4.6 - April 2009 Four Seasons Update Review - Automobile Magazine


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Apr
28th

GERMANY: Trucks parts maker to axe one of three plants

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Truck parts maker SAF Holland will close one of its three plants in Germany within the next two years, CEO Reiner Beutel told Financial Times Deutschland. Full story...
Apr
28th

JAPAN: Daihatsu reports sharp fall in ’08 profits

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Daihatsu Motor has reported a sharp fall in full year net income as sales contracted 4.2% and it struggled with the global downturn and rising yen. Full story...
Apr
28th

RUSSIA: Government OKs regional auto purchases

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Russia's industry and trade ministry has approved a list of car manufacturers whose models are eligible for regional government purchases under a federally and regionally financed 30bn ruble programme, business daily Vedomosti reported. Full story...
Apr
28th

Ford F-350 spied with new V8:

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Spy shooters have caught Ford’s new monster truck, and it’s fitted with a honkin’ new V8. Full story...
Apr
28th

RUSSIA: AvtoVAZ cuts executive pay

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AvtoVAZ has reduced senior executives' salaries by 20%, the company's president told ITAR-TASS. Full story...
Apr
28th

GERMANY: Audi optimistic as Q1 results falter

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First quarter operating profit at Volkswagen Group's premium car unit Audi fell 29% to EUR363m as revenue fell 19% to EUR6.70bn. Full story...
Apr
28th

Honda posts first quarterly loss in 15 years

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Honda Motor Co. posted its first quarterly loss in 15 years in the three months ended March 31, but still squeaked out a full-year profit. It forecasts continuing black ink despite falling sales in the fiscal year that began April 1. Full story...
Apr
28th

Driving Nissan’s Electric Cube

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Driving Nissan's Electric Cube
Nissan Cube Electric Vehicle - Fuel Efficient Cars, Hybrids and EV Reviews - Automobile Magazine
This may look like a run-of-the-mill Nissan Cube, but in order to grasp its importance, you need to think outside - or underneath, rather - the box.

This may look like a run-of-the-mill Nissan Cube, but in order to grasp its importance, you need to think outside - or underneath, rather - the box. You're looking at an early prototype for Nissan's forthcoming electric vehicle, due late next year.


Photo Gallery: Nissan Cube Electric Vehicle - Fuel Efficient Cars, Hybrids and EV Reviews - Automobile Magazine


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Apr
28th

German state leader: Magna seeks Opel majority stake

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Austrian-Canadian supplier Magna International is seeking to obtain majority control of General Motors' Opel unit through direct and indirect stakes, a regional state leader said on Tuesday. Full story...
Apr
28th

JAPAN: Honda sees US “bottoming out”

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The executive vice president of Honda Motor Co has reiterated comments made by his company's president Takeo Fukui earlier this month that the US market may be bottoming out, although risks to recovery still remained. Full story...
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