Honda Profits Fall Even Though Sales Have Increased
Honda Motor Co. is forecasting a 3% drop in profit this year, even though the company expects their global car sales to increase 7.7 percent to a record 3.395 million vehicles. The company cites an expected rise in the yen, and a global shift to lower-margin small cars as a few of the reasons for the decline in profits. Honda...
Audi is Planning on Launching a Smaller Sibling to the Audi R8..the Audi R4!
There are rumors circulating that Audi is working on a smaller mid-engined sports car to compete with other cars such as the Porsche Boxster. The mid-engined car could use a more powerful version of the company's 2.0L turbo and a turbocharged 2.5L in-line five, which would be in an RS model. The car will be built on an all-new platform,...
Audi is Planning on Milking the A5 Line with a New Convertible and Sportback
Audi is not content with their current line up. They are set to double their model count by 2015. “We have 22 vehicles in the lineup already and the other 18 in our heads,” said Michael Dick, Audi’s Product Development Chief. Audi already has the new Q5 SUV, the A7 four-door coupe and the A1 compact car in the...
Fiat May Re-Enter the U.S. by 2010 with the New Fiat 500
Fiat's recently revealed 500 has been a great success for the company and they expect to be sold out of the new small car until 2008. Fiat CEO Sergio Marchionne recently stated that the car could make it to the U.S. by 2010. The new Fiat 500 is based on the Panda platform that is shared with the 2008 Ford...
2008 Chevrolet HHR SS…Another Chevy Gets the "Performance" Badge
Spy photographers have caught the new 2008 Chevrolet HHR SS during testing. Chevy has been very quiet on the details of this car. The car features bigger wheels, a bigger grille and the 2.0L 260 horsepower engine from the Solstice GXP and Saturn Sky Red Line. The car seen here has very little camouflage and under the black tape...
Saturn is Finally Back on the Radar
The once long-neglected GM division, Saturn is finally starting to make a comeback . Thanks to an influx of new models that have been supplied by Opel, the division is starting to finally see a surge in sales. Sales increased 20.5 percent during the first quarter of this year, which is a stark contrast to the other domestic automakers. The...
Honda Looks for More than Just Horsepower from the Next Acura NSX
Honda has been working on the next NSX for quite a while. They released the Advanced Sports Car Concept earlier this year, but shortly after decided to go back to the drawing board to make the car more distinct. Now comes word that the automaker is trying to not only squeeze 500+ horsepower from a 5.0L non-turbo V10 engine,...
Is This What the New 2008 Toyota Corolla will Look Like?
The Hollywood Extra has posted a photo of a Toyota Corolla, but it is not known if this is the version we will get in the U.S. Since the Toyota Corolla takes many forms throughout the world, who knows if this will be ours. It does look better than the current version though! Full Story: Hollywood Extra
Toyota is Number 1 for the First-Time Ever!
For the first time ever, Toyota has sold more cars and trucks worldwide than GM, in the first three months of this year. Toyota's sales for the first quarter rose 9% to a record 2.35 million compared to GM which only rose 3% to 2.26 million vehicles. Many analysts predict that Toyota will overtake GM in worldwide sales this year....
Does the 2007 Mazdaspeed 3 Have Too Much Power?
Well apparently not everyone is happy with the power of the Mazda Mazdaspeed 3. According to Mark Phelan of the Detroit Free Press, the car has too much power that it inhibits the overall driveability of the car. "Mazda left the 2007 Mazdaspeed 3 performance compact on the burner too long." The Mazdaspeed 3 is a turbocharged 263 horsepower version of...
