Marc Carter
GM Announces Deal With Penske to Save Saturn
Days after GM officially filed for Chapter 11 bankruptcy, the automaker has announced an deal with Penske Automotive Group, which will officially acquire the Saturn brand. Under the proposed deal, Penske would officially own the Saturn brand and GM would continue production of the Saturn Vue, Aura and Outlook on a contract basis. The Saturn Astra and Sky are...
2009 Infiniti G37 Convertible Starts at $43,850
Infiniti has announced the pricing for the 2009 Infiniti G37 Convertible. The G37 Convertible starts at $43,850 and the G37 Convertible Sport 6MT starts at $43,900. The first ever G37 Convertible features a three-piece folding hardtop and is powered by a 325-horsepower 3.7-liter V6 mated to either a 7-speed automatic or 6-speed manual transmission. The 2009 G37 Convertible will be available...
GM Has a Buyer for HUMMER, but Buyer Not Revealed
Following yesterday's bankruptcy announcement, GM has announced that the automaker has entered "into a memorandum of understanding (MoU) with a buyer for Hummer." GM stopped short of revealing who the buyer is, but stated that the sale is expected to close by the end of the third quarter this year. GM also stated that the buyer is committed to...
BMW X1 Spy Photos Released by BMW
BMW has released a few official photos of the upcoming X1 draped in camouflage. According to TimesOnline there will be three engine choices in Europe: a 177hp diesel and 204hp diesel, and a gas powered 272bhp 3.0L V6. The US is likely to only receive the V6 when the X1 is released here. We can expect to see the official...
Kia Soul'ster is a Go?
Kia unveiled the Soul'ster concept at the 2009 Detroit Auto Show, which is based off the recently released Kia Soul. The two-door concept that featured a canvas top is now being considered for production. According to Kia the response to the concept was very positive and some Korean magazines are reporting that decision on Soulster’s production will soon be made....
GM Officially Files for Chapter 11 Bankruptcy
Well it was Chrysler last month and now as many people expected, GM has filed for Chapter 11 bankruptcy. GM has officially filed for bankruptcy in a New York court citing $82 billion in assets, but an astounding $172 billion in debts. Although GM for most of its 100-year history has managed to hold the title as the world's largest...
2010 Cadillac SRX Starts at $34,155
Cadillac has announced the pricing for the all-new 2010 Cadillac SRX crossover. The new SRX will be at dealerships this summer with a starting price of $34,155. For 2010 the SRX will be offered with a choice of two direct-injected V6 engines. Either a 260-hp 3.0L or a 300-hp turbocharged 2.8L. Both engines are mated to a six-speed automatic transmission....
Honda Fit Hybrid to be Released by Fall 2010
According to the newest reports Honda is set to release the hybrid version of its popular Fit by the fall of 2010, which is about a year and a half earlier than was originally planned. Honda had previously announced plans to release three new hybrids by 2012, following the release of the Insight earlier this year. The production version of...
Mitsubishi Announces the 403HP Lancer Evolution X FQ-400
Mitsubishi has announced the introduction of the Mitsubishi Lancer Evolution X FQ-400 for the UK market. The new Lancer flagship is now the fastest version with 403 horsepower and 387 lb-ft. of torque pumping out of its 2.0L MIVEC engine. Mitsubishi estimates that the FQ-400 will reach 0-62 mph in 3.8 seconds and have a top speed of 155 mph....
New York's Time Square is Now Off Limits to Cars
New York's Time Square and Herald Square just got a little better thanks to a new ban on cars entering the area. Sections of Broadway from 47th to 42nd streets and 35th to 33rd streets have been closed to cars to help reduce pollution, traffic and pedestrian accidents. To celebrate the newly created pedestrian mall in Times Square a movie...