Chrysler Gets a New CEO! Ex-Home Depot CEO Will Take the Reins…Will it Work?
The New York Times has just announced that former Home Depot CEO, Robert L. Nardelli is going to be appointed as the new CEO of Chrysler. Earlier this year Nardelli was ousted from his chief executive position at Home Depot due to arguments with stock holders over his enormous pay package. Chrysler's new owner Cerberus Capital Management officially took over...
2008 Dodge Viper Has 600HP and it Starts at $83,145
Dodge's supercar is getting a bump in horsepower for the 2008 model year. The Dodge Viper SRT10 will have 90 more horsepower than the 07' version thanks to a bigger displacement engine (8.4L V10), improved airflow and variable valve timing. Surprisingly even though the revised Viper has more power, the 2008 model also gets better gas mileage. The Viper SRT10...
Next-Generation 2011 Nissan Z Will Get the 330 HP Engine from the Infiniti G37
Nissan's 350Z has taken a backseat to other more important models in the Nissan lineup. The coupe was supposed to receive upgrades for the 2009 model year, but due to the release of the Nissan GT-R, small sports coupe and various hybrid models, the changes are being delayed. The next-generation 2011 Nissan Z will feature an upgraded powerplant to the...
What Were the Top 20 Best Selling Vehicles in the US Through July?
Reuters has posted a list of the 20 top-selling vehicles in the U.S. through July of 2007. There aren't really any big surprises here. The Ford F-Series continues to dominate the market as the best selling vehicle with the Chevrolet Silverado coming in second and the Toyota Camry coming in at third place. Here's the list: Top 20 Selling Vehicles Up...
New High-Performance Saab 9-7x Will Have a 390hp V8
Although the days are numbered for the Saab 9-7x, Saab and GM still decided to release a high-performance version of the SUV. Saab is going to introduce a new performance Aero version f the 9-7x that will have a 6.0L V8 that puts out 390hp and 395 lb-ft. of torque. The Aero version will be capable of reaching 0-60 in...
Breaking News: Toyota's Tundra is Outselling the GMC Sierra Pickup?!
It has already been reported that the sales of GM's new GMC Sierra and Chevrolet Silverado pickups are not selling as well as the automaker had hoped. Recently GM also announced that production of their full-size pickups is going to be scaled back due to slow sales. Toyota's full-size Tundra is also new this year and has had some...
JDM Toyota Corolla/ Blade Gets the 276HP V6 from the Lexus IS350…Watch Out VW R32
Toyota has released a high-performance version of its Blade hatchback in Japan today. The car is powered by the same 3.5L V6 that is in the Lexus IS350 and other Toyota models. It features 276hp and 253 lb-ft. of torque. The Blade is sold in Europe as the Auris and as the Corolla in other markets. These markets are expected...
Volkswagen is Going to Debut a New Rear-Engined Affordable Car at the Frankurt Show
VW has plans to debut eight new models at the Frankfurt Motor Show this September one of which will be a new rear-engined car for developing markets like the original VW Bug. The recently revealed Tiguan SUV, a prototype of VW's upcoming rear-engine city car and six BlueMotion diesels will all be in attendance. We've already seen several photos of...
US Automakers Accounted for Less then 50% of the US Market in July
Last month will go down in the record books as the first month that Detroit's Big 3 (Ford, GM and Chrysler) sold less vehicles than their foreign competitors. Sales from Ford, GM and Chrysler only made up 48.1 percent of all vehicles sales in the U.S. last month, while foreign competitors made up 51.9 percent. In July 2006 the percentages...
Can't Afford the New Audi R8? Then Buy Kia's New Low-Cost R8 Lookalike!
Hyundai and Hyundai's sister company Kia have been setting their goals incredibly high by going after BMW, Lexus and Mercedes. Hyundai is going to go head to head with them with the new Genesis sedan and upcoming RWD coupe. Now Kia is looking at Audi with its new coupe concept. Last week Kia released a teaser image of a new...