New Ford CEO Pockets $28 Million for 4 Months of Work!
According to Reuters and Autoblog, Ford's new CEO Alan Mulally earned $28.18 million dollars last year while the company posted a $12.7 billion loss last year. The shocking part of it all is that he was paid that astronomical amount for only being on the job for 4 months. Ford's previous boss, Bill Ford made a pledge to not be...
2009 Audi R8 V10…the Uber-Audi!
Spy photographers have caught the first images of the V10 powered version of the Audi R8. Leftlane News has posted several photos showing the new car during testing. The notable exterior changes are the larger side scoops that are needed to supply adequate air to the enlarged engine. The lower side sill also has been modified. Horsepower specs are not known...
It Looks Like We Will be Paying $4 a Gallon for Gas this Summer…
According to an article on Leftlane News it looks like gas prices will be over $4 a gallon in the U.S. this summer. Alaron Trading analyst, Phil Flynn said "Things are looking pretty bad for the upcoming summer driving season." It has been reported that the current stockpiles of gasoline fell by 5 million barrels in the past week, which...
According to GM, New Fuel Standards Could Raise Car Prices by $5,000?!
According to GM Vice President Bob Lutz, President Bush's proposed fuel efficiency increases could raise car prices by as much as $5,000. The Detroit News quoted the vice president at the New York Auto Show today. The Bush administration wants to reduce the U.S. gas consumption by 20% a year by 2017. 5% of the 20% will come from improved fuel...
2008 Volvo C30 Will Start Under $23K!
Volvo has released pricing for the 2008 Volvo C30 that will go on sale in the U.S. this coming October. The C30 Version 1.0 will start at $22,700 and comes standard with the turbocharged T5 five-cylinder producing 227hp, a 160 watt stereo, 17" wheels and power windows. The C30 Version 2.0 starts at $25,700 and comes with a 650 watt...
2008 Volkswagen Jetta SportWagen Appeals to the Boring Crowd!
The 2008 VW Jetta SportWagen has been unveiled today at the New York Auto Show. The new wagon version of the popular Jetta will be offered with three engine configurations, a 2.5L five-cylinder, the 2.0T four-cylinder and a 2.0L diesel engine. The 2.5L has been upgraded and now produces 170hp, up from 150hp. The main plus with the wagon is...
2008 VW Touareg… Part Deux Revealed
Volkswagen has unveiled the new 2008 Touareg 2 at the New York Auto Show. This is a very mild refreshening of their mid-size SUV. The new version features revised headlights, dark-tinted brake lights and a new chrome grille that is similar to the other VWs. A VR6 FSI 3.6L engine replaces the old 3.2L engine. The new engine produces 280hp...
2008 Lexus LX570 Revealed too Bad it has Nothing on the Range Rover
Lexus introduced its new 2008 Lexus LX570 to the world today at the New York Auto Show. The most notable cahnge besides its styling is the name change from LX470 to LX570. This is due to the enlarged engine that is borrowed from the all-new Toyota Tundra. The engine has 381 hp and 401 lb.ft of torque. The engine is...
2008 Jeep Liberty Ditches its Cute-Ute Styling
Chrysler has unveiled the all-new 2008 Jeep Liberty at the New York Auto Show today. The new SUV is built on the same platform as the new Dodge Nitro, which you can easily tell. The new Liberty adopts many of the styling cues from its larger siblings, especially the Commander. For 2008 the Liberty receives an all new interior and...
2008 Honda Club Racer S2000 Unveiled…Will "Club Racers" Actually Buy It?
Honda has unveiled the new 2008 Honda Club Racer (CR) S2000. The new version of the car will be sold alongside the normal version that has been out since 2000. The new version has modications to the suspension and body to improve its overall track performance. A quicker steering rack, stiffer springs and dampers, and larger sway bars are part...
