Industry news

Ford-gt90-concept-up-for-auction

Ford GT90 Concept Up For Auction

found 7 months ago by TonyBorroz on Car Throttle
So what happens to concept cars? All the major manufacturers crank out about three or four concept cars a year. About half of them are non-running prototypes, rollers, if you will. I’ve seen concepts where bits of the dash were clearly made out of...
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Nissan-cube-heads-for-the-uk

Nissan Cube Heads For The UK

found 7 months ago by Scott on SACarFan
Love it or hate it the Nissan Cube is slowly working its way out of Japan to the streets of the world,...
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Gm-announces-the-death-of-saab

GM Announces The Death Of Saab

found 7 months ago by Scott on SACarFan
GM announced moments ago they couldn’t seal a deal to sell Saab, its 62-year-old Swedish brand. As a result, the brand’s officially...
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Bugatti-launches-a-trio-of-special-edition-veyrons

Bugatti Launches A Trio Of Special Edition Veyrons

found 7 months ago by Scott on SACarFan
Bugatti chose the Dubai Motor Show to conclude its Centenary celebrations by unveiling three special editions of the Veyron...
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Seat to enter South Chinese markets

found 7 months ago by CCT on China Car Times
VW’s sub brand, Seat, is set to enter the southern Chinese market in a bid to gain a larger market share. At the recent Guangzhou Auto Show, VW revealed its ‘Southern Stratergy’ to gain more market share and introduce more models into the...
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Acura-honda-nsx-gets-a-second-chance-at-life-as-an-hsv10-gt-for-super-gt

Acura / Honda NSX gets a second chance at life as an HSV-10 GT for Super GT

found 7 months ago by admin on egmCarTech
About a month ago, we told you that the next-generation Acura / Honda NSX could get a second chance at life as a front-engined race car and could be revived courtesy of a change in the rules of Japan’s Super GT racing series. Well, here it is…...
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Fiat-to-show-new-chrysler-derived-from-lancia-in-detroit-next-month

Fiat to show new Chrysler derived from Lancia in Detroit next month

found 7 months ago by admin on egmCarTech
While Chrysler will not hold a press conference at the 2010 Detroit Auto Show next month, the Auburn Hills automaker and Fiat SpA plan to show a new car derived from the Italian company’s Lancia brand. Sources familiar with the plans...
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Ford-dealers-having-trouble-getting-2010-taurus-sho-and-sel-variants

Ford dealers having trouble getting 2010 Taurus SHO and SEL variants

found 7 months ago by admin on egmCarTech
Ford dealers are having trouble getting the SEL and SHO trim packages on the 2010 Taurus, due to Ford’s under-estimations on the popularity of each package which lead to under production of the two aforementioned levels. “We’re definitely...
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Ford-hoping-to-catch-premium-prices-with-2011-fiesta

Ford hoping to catch premium prices with 2011 Fiesta

found 7 months ago by admin on egmCarTech
Ford is poised to evolve the small-car market to include premium priced vehicles with the introduction of the 2011 Ford Fiesta which, fully loaded, will command a price in excess of $23,000. With the price already announced, Ford has been able to...
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Fomocos-2010-models-to-have-a-projected-increase-of-1300-in-resale-value

FoMoCo’s 2010 models to have a projected increase of $1,300 in resale value

found 7 months ago by admin on egmCarTech
FoMoCo announced on Friday that its lineup of 2010 Ford, Lincoln and Mercury models recorded the largest increase in residual values from the 2009 to 2010 model year. Boosted by improved quality, fuel-economy and design, the projected resale value...
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Fomoco-offers-buyout-and-retirement-packages-to-41000-hourly-workers

FoMoCo offers buyout and retirement packages to 41,000 hourly workers

found 7 months ago by admin on egmCarTech
FoMoCo today offered buyout or retirement incentives to all of its 41,000 U.S. hourly workers as it tries to reduce costs by cutting its factory work force. While Ford was the only domestic automaker that avoided government aid and bankruptcy...
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Volkswagen-ceo-dealmaking-rampage-has-concluded

Volkswagen CEO: Deal-making rampage has concluded

found 7 months ago by admin on egmCarTech
Those hoping to strike a merger or acquisition deal with Volkswagen AG anytime soon should stay at bay. CEO Martin Winterkorn has made it clear that the company’s recent deal-making rampage, which included VW taking an almost 20% stake in Suzuki...
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Spyker-extends-deadline-for-saab-bid-gm-evaluating-other-bids-as-well

Spyker extends deadline for Saab bid, GM evaluating other bids as well

found 7 months ago by admin on egmCarTech
As reported yesterday, Spyker Cars announced that it has submitted a renewed offer for Saab. CEO Victor Muller said that an 11-point proposal was submitted to GM, addressing each of the issues that came up during the due diligence process and that...
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Report-why-subaru-is-doing-so-well-in-the-united-states

Report: Why Subaru is doing so well in the United States

found 7 months ago by admin on egmCarTech
Subaru is definitely one manufacturer with a decidedly niche market appeal. However, when one considers their record breaking sales amidst falling figures everywhere in the industry, they are on of the top performers, as far as sales is...
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Fomocos-truck-design-chief-resigns-leaves-auto-industry-altogether

FoMoCo’s truck design chief resigns, leaves auto industry altogether

found 7 months ago by admin on egmCarTech
FoMoCo’s truck design chief Pat Schiavone, is leaving the industry, confirmed company Spokeswoman Marcey Evans. Schiavone’s resignation is set to be effective January 4, 2010. Website PickupTrucks.com has cited sources familiar with the move...
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Fords-sync-to-offer-wifi-capability-via-usb-mobile-broadband-modems

Ford’s SYNC to offer WiFi capability via USB mobile broadband modems

found 7 months ago by admin on egmCarTech
FoMoCo announced today that it will offer WiFi in its vehicles when it launches the second-generation of its SYNC system next year. The WiFi system in the next-generation SYNC will be powered an owner’s compatible USB mobile broadband modem,...
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Question-of-the-day-what-car-would-you-buy-for-under-40000

Question of the Day: What car would you buy for under $40,000

found 7 months ago by admin on egmCarTech
Last week, we asked what supercar you would buy if you had an imaginary budget of $300,000. Today we’re getting a little bit more realistic – so, what car would you buy if your budget was $40,000? Let us know your pick in the comments section...
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Autotrader-if-saab-dies-bmw-and-audi-will-benefit

AutoTrader: If Saab dies, BMW and Audi will benefit

found 7 months ago by admin on egmCarTech
According cross-shopping data from AutoTrader.com, if Saab is wound down by General Motors Company, BMW and Audi may be winners. The findings by the website show that 33 percent of Saab shoppers also looked at BMW and Audi vehicles while...
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Chris-bangle-what-bmws-former-head-of-design-has-been-up-to

Chris Bangle: What BMW’s former head of design has been up to

found 7 months ago by admin on egmCarTech
After leaving BMW earlier this year, auto design guru Chris Bangle has been anything but idle. Bangle left the Bavarian automaker this past March after 16 years of service, and retreated to an old farmhouse in Piemonte, Italy where he has been...
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Toyota-to-cut-auto-parts-cost-by-30-over-three-years

Toyota to cut auto parts cost by 30% over three years

found 7 months ago by admin on egmCarTech
In a move to help regain profitability, Toyota Motor Corp. plans to cut auto parts procurement costs by approximately 30% over the next three years. The reduction will come via a switch to less expensive materials, and requests to suppliers to cut...
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