Marc Carter
Ford Denies Yet Again that Volvo is for Sale
Yesterday Jerry York made some statements about the fact that Ford should sell its Volvo and Mercury brands. Well today Ford has released an official statement that Volvo is not for sale and that the automaker continues to invest in Mercury. “We’re focused on improving the business,” Volvo Chairman Lewis Booth told Automotive News Europe. According to Booth, Volvo is not...
Nissan GT-R Does the Nurburgring in under 7:30
Nissan has announced that the Nissan GT-R had a lap time of seven minutes and 29 seconds on the infamous Nurburgring in Germany. The test that was recorded on April 16 and 17 was faster than the previous GT-R time by nine seconds. “At last year’s testing, we were frustrated by the conditions at the Nurburgring, always believing that the...
2008 Ford Shelby GT500KR Starts at $79,995…The Most Powerful Mustang to Date
Ford has announced the pricing for the 2008 Ford Shelby GT500KR. Ford is planning on producing 1000 of the Mustangs this year and an additional 700 for 2009. If you want one of these rare cars plan on spending at least $79,995 (includes gas guzzler tax). The Shelby GT500KR is powered by a 540 horsepower supercharged 5.4L V8. The car only...
Do You Think That Ford Should Sell Mercury and Volvo?
Ford recently unloaded Land Rover and Jaguar and now there are speculations that Ford may be looking at selling Volvo. Former CFO of Chrysler, Jerry York believes that Ford is looking at selling both its Volvo and Mercury brands. York met with Ford CEO Alan Mulally last month and he believes that Mulally is going to eventually sell Volvo and...
Kelly Blue Book Has Released its List of the Top Ten Coolest Vehicles Under $18K
Kelley Blue Book has released its list of the top ten coolest vehicles under $18,000 for 2008. Most of us can think of a list of cars that we would "label" as cool, but most of these cars probably don't list for under $18,000. The cars on this list are primarily domestic (US) and Japanese vehicles (well obviously besides VW...
2010 Toyota Prius Will be Unveiled Next January…It's Going to be Bigger and More Powerful
The current Prius was introduced for the 2004 model year, so its growing a little old even though it is the best selling hybrid in the US, by far. Next January, Toyota is going to unveil an all-new 3rd generation Prius. The next-generation Prius (2009 or 2010 model year) will be unveiled at the 2009 North American International Auto Show...
2008 Honda Accord Was the Best Selling Vehicle in the US Last Month…Surprised?
Honda released the all-new 2008 Honda Accord last September and it seems like most people, well at least people that make comments on here, said the car was ugly. Well it looks like the US buying public has spoken and the new Accord was not only the best selling car in the US last month, but the best selling...
VW Expects the US to be the Biggest Market for the 2009 VW CC
Volkswagen officially took the wraps off the Passat CC (four-door coupe) in Detroit earlier this year. VW expects approximately 60% of the sales of the CC ( VW dropped the "Passat" portion of the name) to come from the US. VW marketing chief, Detlef Wittig told the Automotive News that the automaker is hoping that the US market will be...
GM is Going to Cut its SUV and Truck Production by Almost 140,000 Units
The slowing economy and insane gas prices in the US have made it increasingly harder for automakers to sell their large SUVs and trucks. GM announced today plans to cut a shift at hour of its North American plants. This cut is going to lead to approximately 3,500 layoffs (4% of GM's North American workforce). Approximately 88,000 fewer trucks and...
Toyota and Scion Inventories Increase to Record Levels
Declining auto sales in the US have forced many automakers to make cutbacks and to rethink their current lineups. Until now this did not include Toyota which continues to sell record levels of its Prius, Camry and Yaris vehicles. Just as GM is having to cut its SUV and truck production, Toyota is also dealing with the fact that the...
