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Monthly Archives: April 2009

Chrysler Files for Chapter 11, but Comes to an Agreement with Fiat

President Obama has officially announced that Chrysler will enter into Chapter 11 bankruptcy proceedings and on a more positive note the automaker has finally reached an agreement with Fiat and will enter into a partnership. The Chrysler and Fiat partnership will provide each automaker with access to additional markets. Additionally Fiat powertrains and technology will be produced at Chrysler...

2010 Subaru Outback Starts at $22,995

Subaru has announced the pricing for the 2010 Subaru Outback. The 2010 Subaru Outback 2.5i starts at $22,995, which is the same price as the outgoing model plus destination charges. Just like the equally new Legacy, the new Outback is roomier with seven percent more interior volume. Rear legroom increases almost four inches and total cargo capacity is now 71.3...

2010 Subaru Legacy Starts at $19,995

Subaru has announced the pricing for the all-new 2010 Subaru Legacy. The 2010 Subaru Legacy 2.5i equipped with the 6-speed manual starts at $19,995 plus a destination charge of $695, which according to Subaru is $800 less than the last year's model. The new Legacy is larger than the outgoing model with a longer wheelbase that adds an extra four inches...

2010 Ford Fusion Hybrid Manages to Get 81.5 MPG

This past weekend a team of Ford drivers sought out to drive 1,000 miles in a 2010 Ford Fusion hybrid on a single tank of gas. Well it looks like they succeeded. The drivers passed the 1,000 mile marker Monday morning and still managed to have more than a third of a tank of gas left. In total the drivers...

2012 Volkswagen Mid-Sized Sedan to Start Around $20K

VW's North American CEO, Stefan Jacoby recently revealed more info about VW's upcoming mid-sized sedan. In an interview with Automotive News, Jacoby discussed the upcoming sedan that will be built at VW's new plant in Chattanooga, Tennessee. The un-named sedan will hit the market in the spring of 2012 with a price tag around $20,000. It will be powered by...

Spy Shots: 2011 Hyundai Sonata Gets More Coupe-Like Styling

Over the weekend some of the best spy photos to date of the 2011 Hyundai Sonata surfaced and now today we have our first shot of the interior. The 2011 Hyundai Sonata is going to feature a coupe-like roofline and more curvaceous styling than the current generation. The interior has a dual cockpit design that is similar to the Genesis...

GM Launches Plan to Exchange Debt for Stock in the Struggling Automaker

In addition to announcing the death of Pontiac, GM is launching an exchange offer with its bondholders in exchange for equity in the automaker. GM has announced that it is offering common stock plus accrued interest in cash for $27 billion of outstanding public debt. Bond holders would own 10 percent of GM. If GM does not get enough enough...

GM Officially Kills Pontiac…To be Phased Out by the End of 2010!

As was rumored last week, GM has officially announced the death of the Pontiac brand this morning. General Motors released an updated Viability Plan this morning that focuses on speeding up the reinvention of GM's U.S. operations. GM hopes to become more leaner, more customer focused and a more cost-competitive automaker. GM is going to continue to focus on its...

BMW and Mercedes-Benz Considering 4-Cylinders for the US

We've been hearing rumors for a while that BMW and Mercedes-Benz are considering bringing back 4-cylinders to the US to cut their brand's overall fuel economy. BMW is currently working on a turbocharged, direct-injected four-cylinder that will likely be used in the 1 and 3 Series sometime around 2012. The new four-cylinder is expected to have the similar horsepower numbers...

Lexus Announces the Pricing for the 2010 Lexus RX450h and the IS Convertible

Lexus has announced the pricing for the 2010 Lexus RX450h and Lexus IS250C and IS350C. The RX450h hybrid starts at $41,660 for the FWD model and the AWD starts at $43,250. The RX 450h is powered by a 3.5L Atkinson V6 engine mated to a hybrid system that puts out a total 295 horsepower. The FWD model achieves 32 mpg...

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