Marc Carter
Ford Sells Aston Martin for $925 Million!
Ford has officially announced today that they are selling the British company, Aston Martin to an investment group led by Prodrive founder David Richards. The deal will close during the 2nd quarter of this year for $925 million. Ford is planning on retaining a small stake in the company for $77 million, which means that Ford will actually only receive...
More Troubles for Chrysler…
It has just been reported by Reuters that Chrysler is going to issue a recall of 489,000 vehicles. The recall is for three different models. 328,424 Dodge Durangos (2004-2006) are being recalled because of electrical problems, 149,605 Jeep Liberty SUVs (2006-2007) are being recalled because the blower motor could fail and 10,994 Dodge Avenger sedans (2008) are being recalled...
Aston Martin May Finally Have a New Owner
Ford is close to announcing the sale of Aston Martin. According to reports the racing firm Prodrive is the likely new owner. The deal is going to close for $870 million, which is half of what Ford hoped to get for the British car maker. Prodrive already has a relationship with Aston Martin. They recently revealed a tuning package...
Toyota is Already Offering a Rebate on the All-New Tundra!
According to the Wall Street Journal Toyota is offering a $1500 rebate on the base Tundra. The rebate is going to last the entire month of March. This shows that most Tundra buyers are not interested in the base model, since the rebate is not offered on the higher end Tundras. I would think that they would need to...
GM Targets 2010 for Production of the Electric Chevy Volt
GM has set 2010 as their goal for the release of a production version of the Chevrolet Volt electric concept car. The concept car has a range of 640 miles on a single tank of gas. The main difference between this car and the Toyota Prius or Honda Civic hybrids is that the gas motor in the Volt does...
New Models Debut at the 2007 Geneva Auto Show
2008 BMW M3 Concept BMW has unveiled the new M3 Concept. The car features a 420+HP V8 derived from the V-10 in the M5, that will have either a six-speed manual or a new twin-clutch auto tranny. The concept also features a carbon fiber roof, wide wheel arches, hood bulge, 19 inch rims and different front and rear fascias....
All New 2008 Volvo XC70 Unveiled
Volvo has released the first official pics of the new 2008 Volvo XC70 a few days of its official release at the Geneva Auto Show. Based on the new 2008 V70, the XC70 is the offroad version. The car will be powered by the new 3.2L inline 6- cylinder (238 hp) or a 2.4L inline 5-cylinder diesel (185 hp). As...
2009 Volvo S40 Will Become a 3-Series Fighter?
German magazine AutoZeitung has published illustrations of what the next 2009 Volvo S40 could look like. There have been rumors that Volvo may kill the S60 model. If that happens the S40 could move slightly upmarket to fill the void left by the S60. This means the car could grow a few inches also. If this happens, the car...
Two New Hondas in the Works?
The Winding Road has posted two stories today regarding two future Hondas (possibly). Honda Civic Type R (2010): Apparently they received an unofficial confirmation that Honda is going to bring the Type R version of the Civic to the U.S. in 2010. Currently this car is already being sold in Japan. The car would could possibly also receive a...
The End of the Line for the Chevy Monte Carlo
The editors over at Autoblog have discovered that Chevy is quietly ending production of the Chevy Monte Carlo. May 4th is the last day that you can order the car and production will end on June 20th at the Oshawa plant in Canada. Apparently Chevy has high hopes for the new 2008 Chevy Malibu, which is going to take...
