Author Archive

New 2010 Honda Accord Crosstour shots

Saturday, September 5th, 2009

New shots of the upcoming 2010 Honda Accord Crosstour have been released today by the Japanese automaker. The images feature a red version of the car. Hit the jump for the rest of the images.

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Toyota hybrid sales top 2 million

Saturday, September 5th, 2009

Toyota MV10 Prius

Since launching their flagship Prius back in 1997, Toyota has sold over two million hybrid vehicles, as announced by the Japanese automaker today. It has only been 27 months since Toyota reached the one million mark, so it’s clear that the trend is growing rapidly.

The sale explosion can largely be attributed to the recent 2010 Prius. The Prius model equates 1.4 million of the 2 million cars sold in total. Toyota plans to sell 600,000 Prius hybrids annually.

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MINI to bump prices up next year

Friday, September 4th, 2009


According to MotoringFile, MINI will be announcing in the following days that they will be bumping the sticker price of their cars starting next year. The price changes range from $300 to $400 in increases on current models.

A few other changes are also mentioned, including both exclusion and extension of certain colors for cars, and elimination of seat back memory position.

Read (MotoringFile)

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2010 Kia Forte Koup pricing listed

Friday, September 4th, 2009


Kia has unveiled the pricing for their 2010 Forte Koup today, starting form $16,595, plus $695 destination.  The standard model is a manual EX model, although upgrading to automatic will raise the price to $17,595. A five speed auto-plus will bump the price up to $18,695. Other options include a leather interior ($1,000) and sunroof ($600).

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Lotus appoints new CEO: Dany Bahar

Thursday, September 3rd, 2009

Lotus has appointed a new CEO today, which will be Dany Bahar. Bahar was formerly Senior Vice President, Commercial & Brand for Ferrari SpA.

“I am looking forward to taking on the challenges as CEO of this legendary and iconic company with a peerless motorsport history. Lotus has a worldwide reputation for innovative engineering and superb sportscars that lead the world in efficiency, design and dynamics,” Bahar said. “With the recent launch of the award-winning Evora, there is proof that Lotus is better placed than many to capitalise on the rapidly changing automotive market. I can’t wait to get my plans underway in October.”

The move will be effective beginning October 1st.

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Audi prices 2010 A3 TDI

Thursday, September 3rd, 2009

Audi has finally revealed the official MSRP for their forthcoming diesel 2010 A3 TDI. The standard model will be retailing for $29,950, plus $825 destination. The car boasts a 30mpg city and 42mpg highway rating, and will be hitting the North American market this November. The A3 TDI has “30% better fuel economy and a 20% reduction in greenhouse gas than gasoline engines of comparable size.”

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Tesla Motors co-founder drops lawsuit

Thursday, August 20th, 2009

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Tesla co-founder Martin Eberhard has dropped the lawsuit for counts of libel, slander, and breach of contract against Tesla Motors today. No explanation was offered for the move.

Back in July, a judge deemed the case to move forward. So, the only explanation is probably a paid settlement. Eberhard’s lawyer Yosef Peretz said to expect some details by the end of September.

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GM boosting North American production

Tuesday, August 18th, 2009

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General Motors announced today that they will be boosting their North American production by adding new overtime and shifts to their Lordstown, Ohio and CAMI, Ontario production plants. This move will bring back back 1,350 UAW and CAW employees.

“It’s gratifying to see demand for our products accelerate and we are extremely lean with inventories on our launch products like Camaro, Equinox, LaCrosse, SRX, CTS Wagon and Terrain,” said Mark LaNeve, vice president, U.S. sales. “During the third quarter 2009, we’ve added production which will result in 35 percent increase over the second quarter. With today’s announcement of further additions, the fourth quarter will now be at least 20 percent higher than the third quarter, which is a very positive trend.”

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2011 Peugeot RCZ revealed

Tuesday, August 18th, 2009

Peugot Automobiles has revealed new images today of their forthcoming 2011 RCZ. The official unveiling is scheduled to happen at the Frankfurt Motor Show in September.

The RCZ will come in three powertrains, and we don’t know exactly what the specifications on these are just yet. However, we do know that the 2+2 coupe will be available with a 1.6L unit developing 200 horsepower.

Keep an eye out for the 2011 RCZ when it hits the market this Spring.

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GM aiming for $4,000 car in Asia to compete with Tata Nano

Monday, August 17th, 2009

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General Motors is aiming to release a $4,000 car to compete in Asia. Currently, the Tata Nano retails for $2,500 and dominates the Asian market.

“We are not going to make cars that cheap because that is really a specific car for a very specific market that has different emissions standards and specifications than markets like the U.S. and Brazil,” said Reilly at a media briefing late Friday in Brazil. “So we are looking at lower cost vehicles, but do not know yet where it will be made or where will it be sold, though most likely in Asia.”

Read (NASDAQ)

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