Marc Carter
GM To Sell 55% of Opel to Magna
GM has finally announced the sale of Opel to Magna after months of debating. According to GM's press release, Magna/Sberbank will own 55 percent of Opel, while GM will retain 35 percent and employeeshttps://www.thetorquereport.com/us/sysdoc/blog/mt.cgi?__mode=view&_type=entry&blog_id=2 will hold the remaining 10 percent. In the coming weeks binding agreements including the written support of the labor unions and a definitive financing package...
Frankfurt 09' Preview: Audi R8 Spyder Shows up
Photo leaks are so common now that it was only a matter of time before photos of the upcoming drop-top version of the Audi R8 showed up. Well here you go...the first photos of the R8 Spyder are here. Audi has yet to release the specifics of the R8 Spyder, but it is already known that it will be available...
GM's Board Meets Again to Discuss the Fate of Opel
GM'S board is meeting again to discuss the fate of the Opel and Vauxhall brands and a decision could come out as early as today. The board is expected to hold its second round of meetings today after it failed to make a decision last month. Currently there are two bidders for Opel, RHJ and Magna. Germany's organized labor is...
Frankfurt 09' Preview: Mercedes-Benz SLS AMG Photos Leaked
The first photos of the 2010 Mercedes-Benz SLS AMG have begun to leak out thanks to Australian site CarPoint. The SLS AMG is expected to be unveiled at the Frankfurt Motor Show, so it's no surprise that photos are already leaking. It is powered by a 563-hp 6.3-liter V8 with 480 lb-ft. of torque that is mated to a seven-speed...
Frankfurt 09' Preview: 2010 Volvo C30 Gets a Facelift
Just like the C70 convertible, Volvo has given the C30 a facelift for the 2010 model year. The revised front end is very similar to the new C70 and the S60 concept. "The front of the Volvo C30 has become more dramatic and expressive. The angled lines of the front bumper together with the new headlamps, which are drawn...
Honda Releases More Photos of the 2010 Accord Crosstour…Still Ugly?
The 2010 Honda Accord Crosstour hasn't received the positive feedback that Honda was hoping...just take a look at the Facebook page dedicated to the new model. Well Honda has released some more photos of the new CUV in red, but does it look any better? Not really... Related Stories: 2010 Honda Accord Crosstour Finally Shows Itself...Ugly?
Rolls Royce Releases More Photos and Details About the 2011 Ghost
Rolls Royce has released several new photos and more info about the 2011 Ghost. The 2011 Ghost will have its official unveiling at the Frankfurt Show. It is powered by a 563-hp 6.6-liter V12 with 575 lb-ft. of torque. That's enough to propel the Ghost from 0-60 mph in 4.7 seconds and a top speed of 155 mph. The Ghost was...
Study Finds that 81% of New Car Shoppers are Considering a Domestic Brand
A new study by Consumer Reports claims that 81 percent of respondents who stated that they are looking to buy a new car, would consider a domestic brand. This compares to only 47% for an Asian vehicle and 46% for a European brand. Of course not every domestic automaker is equal. Ford has benefited the most with a 17...
2011 Ford Mustang to Get 315-HP V6 and 400-HP V8 Engines?
It's already known that the 2011 Mustang is set to get engine upgrades to both the V6 and V8 engines. Little details have surfaced until now about how much horsepower we can expect. A forum member over at The Mustang Source has posted some of what we can expect, hopefully when the 2011 Mustang is released. First the V6 powered Mustang...
Top 10 Best-Selling Vehicles in Aug 2009 Were…
The sales numbers for August 2009 are in and thanks to the Cash for Clunkers program sales were up for a few of the automakers. Toyota, Honda and Ford saw sales increase by 10.5%, 14.2% and 17%, respectively. Although GM was down 20.2% and Chrysler by 15%. The Toyota Camry surpassed the Ford F-Series to become the best selling...
