February 2007 Archives
The editors over at Autoblog have discovered that Chevy is quietly ending production of the Chevy Monte Carlo. May 4th is the last day that you can order the car and production will end on June 20th at the Oshawa plant in Canada. Apparently Chevy has high hopes for the new 2008 Chevy Malibu, which is going to take up the extra capacity left by the Monte Carlo. Sales in Jan 07' were down 64.2%.
The Temple of VTEC apparently received a tip that the recently released Honda Crossroad is going to come to the U.S. The new SUV would slot in between the new CR-V and Honda Pilot. Currently the car is offered with a 1.8L 4-cyl and a 2.0L 4-cyl. If this vehicle does come to the U.S. neither of those engines will work here. Seeing as the CR-V has the 2.4L engine, this car would at least need this engine to pull around its 7 passengers, a small V-6 would be even better to differentiate it from the CR-V!
The Advanced Sports Car Concept that Honda unveiled earlier this year was supposed to be a preview of the next 2008 Acura NSX. The car was set to be unveiled at the Tokyo Auto Show later this year. But now comes word that Honda may be going back to the drawing board. Apparently the car did not get the reaction that Honda was hoping for.
According to the U.K.'s Times, U.S. investment bank JPMorgan is preparing to start an auction of the Chrysler Group on behalf of DaimlerChrysler. It was rumored that Hyundai may have been interested in buying the troubled automaker, but those rumors have been denied. That leaves GM as the only company currently interested in acquiring the group (not confirmed). It is rumored that GM is basically interested in Jeep and Dodge, but will buy the whole group if it is necessary. It is estimated that if it does go up for sale the Chrysler Group could go for $13 billion.
Audi will unveil the new 2008 Audi A5 at the Geneva Auto Show next month. The car is larger than the TT coupe and will slot in between the A4 and A6. The car will have the option of a 3.0L V6 or a 3.2L V6. There will aslo be an S5 and RS5. The A5 convertible will also eventually replace the A4 convertible. The car will also feature the company's quattro awd system.
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