Did Daimler Really Screw Chrysler?
According to an article by BusinessWeek, ex-Chrysler chief Lee Iacocca stated that, "Daimler screwed Chrysler royally" in the nine years that it owned Chrysler. According to Iacocca the recent sale of Chrysler to Cerberus Capital Management was out of desperation. Iacocca claims that before Daimler acquired Chrysler in 1998, Chrysler was profitable due to their minivans, the Jeep Grand Cherokee...
Honda vs. Canada..Apparently Honda is not Happy With Canada's Fuel-Economy Standards
Last month I reported that the Canadian goverment had inacted new legislation that gave buyers of fuel-efficient vehicles a $1,000 rebate. If the vehicle falls below the fuel-economy threshold of 6.5 liters per 100 kilometers, the car is eligible for the rebate. Well that basically meant that the Honda Fit did not qualify because it only acheives 6.6L,...
More Spy Photos of the 2008 Honda Accord Sedan…It Looks Much Better in Black
Temple of VTEC has posted more photos of the upcoming 2008 Honda Accord Sedan in black. Last week the first photos of the car, in silver were exposed. So far the new design has been some what controversial. It seems that most people think that it looks like a cross between a BMW 5-Series and a Hyundai Sonata. What...
Chrysler Imperial is Approved for Production…Is This What Chrysler Needs to Turn Things Around?
Chrysler has approved the large luxury Imperial sedan for production. The official announcement will be on June 11th. Chrysler will invest $700 million for the new sedan, which will be built at the Brampton, Ontario plant. This announcement follows the sale of the Chrysler Group that took place earlier this week. Chrysler has had a rough year due to...
VW Golf GTI W12 650 Concept…The Ultimate GTI Has a Top Speed of 201 mph!
Following yesterday's release of the Audi TT Clubsport Concept, VW has revealed the uber fast Golf GTI W12 650 Concept. The ultimate GTI has a top speed of 201 mph (325 km/h) and a 0-62 mph time of 3.7 seconds. The concept puts out 650 horsepower and 530 lb. ft of torque from a 6.0L biturbo W12 engine that...
2010 Toyota Tundra Hybrid will Have 400 Horsepower and Get 20/25 MPG
According to TundraHeadquarters Toyota is going to release a hybrid version of the Tundra in 2009 as a 2010 model. The truck will feature the 4.7L V8 and a hybrid system that combined will put out 400 horsepower, gobs of torque and manage to achieve 20 mpg in the city and 25 mpg on the highway. There have been many...
Did Toyota Miss the Mark With the New 2008 Scion xB?
According to a review by The Truth About Cars the new Scion xB pales in comparison to the first generation. The writer feels that Toyota adopted many of the same methods that brought GM down. "It bristles with classic GM-think: dumb it down, fatten it up and cheapen it out." The new 2008 Scion xB is just starting to trickle...
Chevy Sequel Fuel-Cell Vehicle Goes 300 Miles on a Single Tank of Hydrogen
Yesterday was a historic day for General Motors, their Chevy Sequel was the first fuel-cell vehicle to travel 300 miles on a single tank of hydrogen. The 300 mile trip traveled in and out of cities in New York. The drive began at GM’s Fuel Cell Activity Center in Honeoye Falls and ended in Tarrytown, N.Y. Larry Burns, GM Vice...
Pontiac Looks to Hip Hop to Sell its Vehicles
It seems as if General Motors is continuing their "alternative" marketing approach that they started with the upcoming "Transformers" movie, which features GM vehicles. The latest effort is in the upcoming music video for rapper 50 Cent. His latest video for "Amusement Park" a single off of his upcoming album, "Curtis" features the new Pontiac G8 and Pontiac G6 GXP...
No More FWD Cars from Cadillac!…They Want to Go Head to Head with BMW
According to an Automotive News story, Cadilac is going drop either the STS or DTS from their lineup. Cadillac's future lineup will include three sedans, one larger than the current CTS and one smaller than it. According to Trey Clarke, President of GM North America, that means that either the STS or DTS will be dropped. The new lineup will...