2011 Chevy Volt Officially Gets 230 MPG!
GM's CEO Fritz Henderson officially revealed the details surrounding the "230" mystery and to our surprise the marketing campaign was related to the Chevy Volt. The EPA has developed a new methodology for determining fuel economy numbers for extended-range electric vehicles and under this new method the Volt is expected to have a urban fuel economy rating of 230...
Cash for Clunkers Sales Top 180,000 and Toyota Corolla Tops the List
Sales attributed to the government's Cash for Clunkers program have topped 180,000 units. The program's existence was put in jeopardy when it blew through most of its cash within in the first week, but now it looks like another $2 billion is going to be added to the vote after a successful Senate vote. Lawmakers agreed to add additional...
2010 Mercedes-Benz E-Class Estate Officially Unveiled
Following yesterday's photo leakage of the 2010 E-Class Estate, Mercedes has officially unveiled more images and info about the E-Class wagon, which officially joins the sedan and coupe variants. The 2010 E-Class Estate gets a plethora of diesel and gas powered engines for Europe, while the US reportedly must make due only with the the E350 4matic variant. An...
BMW to Create Sub-Brand for Electric Vehicles
BMW CEO Norbert Reithofer recently told Reuters that BMW is going to launch a series of electric vehicles under its own brand, which kills reports of a stand alone fourth brand being created. Instead of creating a fourth brand, BMW's board has decided to create a sub-brand for the new vehicles, kind of like the M sub-brand that is used...
Infiniti Releases Teaser Image of 2011 M
Inifiniti has released a single teaser image of the 2011 Infiniti M that will debut at the Pebble Beach Concours d'Elegance on August 14th. The image doesn't reveal much about the next-generation M other than a more swooping design that will most likely be in line with the current G and FX vehicles. Expect more details soon... PRESS RELEASE: M IS FOR...
GM to Move up New Model Introductions
GM's new chairman, Ed Whitacre has announced that the automaker will release some new models sooner than originally planned to regain some of the market share that its lost. GM is fresh out of bankruptcy, but received $50 billion in federal aid, which will help it regain some of its losses. GM's market share dropped to 18.9 percent last...
Top Ten Best-Selling Cars in July 2009 Were…
The sales numbers for last month are just coming in and now we have the list of the top ten best-selling cars. As expected the Ford F-150 and Toyota Camry are at the top of the list, but the surprises this time can partly be attributed to "Cash for Clunkers." The Ford Focus was the top vehicle chosen by buyers...
Domestic Automakers Nab 47 Percent of Cash for Clunkers Sales, Ford Focus Best Seller
The government's Cash for Clunkers program has definitely given a slight jolt to the automotive industry. In less than a week the program reportedly ran out of funding that was supposed to last until November, but fortunately the government has added more money although who knows how long that will last. In the last week, 47 percent of the...
Ford's Sales Improved 9 Percent in July Due to Cash for Clunkers
Just as Chrysler's sales improved last month and is now running out of vehicles, Ford's sales also improved due to the Cash for Clunkers gov't program. Ford has announced that its retail sales improved 9 percent in July thanks to the Cars Allowance Rebate System (Cash for Clunkers). The Ford Fusion saw a 66 percent increase with the Milan up...
Cash for Clunkers Causes Chrysler to Run Out of Cars, Cancels Double Rebate Incentives
Chrysler has announced that the automaker is dropping its double rebate incentive campaign, effective Tuesday. In July Chrysler announced that it would double the Cash for Clunkers rebate of up to $4,500 on eligible vehicles, which meant that on some vehicles buyers could get up to $9,000 in rebates. Of course this drove lots of traffic into Chrysler dealers...
