U.S. Government Denies GM's $10 Billion Request to Buy Chrysler
Earlier this week GM approached the U.S. government for $10 billion to support a merger between GM and Chrysler. It's now being reported that the U.S. Treasury has denied the request due to the fact that the merger could result in the loss of thousands of U.S. jobs. Since the U.S. Treasury denied the request the merger talks have been...
2009 Audi TT-S Starts at $45,500
Audi has announced the pricing for the 2009 Audi TT-S that begins at $45,500 for the coupe and $47,500 for the roadster. The Audi TT-S is powered by a 2.0L TFSI engine that puts out 265 horsepower and 258 lb-ft. of torque, which is more powerful than the 3.2L V6. The TT-S coupe reaches 0-60 mph in a very short...
2009 Nissan Versa 1.6 Becomes the Cheapest Car Sold in the U.S.
The economy is bad, so Nissan has just announced that the new Nissan Versa 1.6 is the cheapest car sold in the U.S. at a starting price of $9,990. The Nissan Versa 1.6 is powered by a new 107 horsepower 1.6L engine, which is obviously smaller than the Versa's other 1.8L engine. The 1.6L also gets better gas mileage than...
GM Releases Chevy Cruze in South Korea as Daewoo Lacetti
The U.S. isn't getting the Chevy Cruze until 2011, but GM has recently introduced the car in South Korea as the Daewoo Lacetti. The launch of the Lacetti in South Korea is the first market that one of GM's most important new cars has been launched in. The Lacetti is powered by the same 1.6L engine that we will get that...
Spy Shots: Porsche Panamera Interior and Key Exposed
The guys over at Xcar.com recently got some photos of the interior of the upcoming Porsche Panamera four-door and the guys over at TeamSpeed have kindly posted them. Until now we've only seen several spy photos of the exterior of the Porsche Panamera. Also note how the key fob is in the shape of the Panamera. Full Story:...
Alfa Romeo MiTo Named 2009 European Car of the Year
The small Alfa Romeo MiTo has been named 2009 European Car of the Year. The MiTo scored 462 points by automotive journalists in Europe and it beat out the Lancia Delta and new Ford Fiesta. The Ford Fiesta will be sold in the U.S. in 2010 and it's widely rumored that Alfa Romeo will make a U.S. return by 2011. Full...
2010 Ford Fusion and Mercury Milan Hybrids to Go Up to 47 MPH on Electricity Alone
Yesterday Ford officially unveiled the new 2010 Ford Fusion with a new face and new engines. Today we have more information about the hybrid versions of the Fusion and Mercury Milan. The biggest news about the new hybrids is that they will have the ability to reach speeds up to 47 mph on the electric motor alone. The hybrids will...
Restyled 2009 Honda Element Starts at $20,175
Honda has announced the pricing for the restyled 2009 Honda Element. The 2009 Element 2WD LX starts at $20,175. For 2009 the Element receives a new front end that is similar to the larger Pilot. There are also new taillights. In addition to the styling changes on the outside there are a bunch of new options such as a removable/ cooler...
2010 Ford Fusion Unveiled With a New, Much Better Looking Face!
Ford has officially taken the wraps off the new 2010 Ford Fusion sedan. The new Fusion gets new styling with a much more appealing front end and new more powerful engines. First the 2010 Ford Fusion gets new and upgraded engines. The base engine is now the same 2.5L 4-cyl that is in the Escape. It puts out 175 horsepower and...
All-New 2010 Lexus RX Photos Leaked Thanks to Japanese Brochure
As is typical these days, photos of new models always seem to show up somewhere before the car is officially unveiled. Well this time we have our first look at the all-new 2010 Lexus RX 350 and RX 450h before its official unveiling at the LA Auto Show next month. These photos scanned from a Japanese brochure show what lies...
