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Let the Sparks Fly: Get ready For The EV Wars
Prepare for a low intensity price war over electric vehicles. GM announced that its all-electric Chevrolet Spark, going on sale next month in California and Oregon, will sell for as low as $19,995 after the full federal tax credit of $7,500. According to the calculations of Reuters, that’s “as much as 38 percent less than [...]
Ford Finally Pulls The Plug On Australian Manufacturing
A sad day for both Ford and Australia. The Blue Oval has officially announced an end to building cars in Australia, which Ford has done since the 1920s. Both the Broadmeadows assembly plant and the Geelong engine plant will close in 2016, resulting in a loss of 1200 jobs. Declining sales of the Ford Falcon, [...]
Lutz And Chinese Offer One Penny On The Dollar For Fisker
Fisker is worth around 200 Karmas at retail. “A team including former General Motors Co executive Bob Lutz and China’s largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the “green” car company’s estimated worth almost a year and a half ago,” Reuters says. Late 2011, Fisker told prospective [...]
Tesla: The Government Get Its Money Back
The tweet was true: As indicated on Tuesday, Tesla paid off its DOE loan on Wednesday. Nine years before the note was due, Tesla “wired $451.8 million to repay the full loan with interest,” as Reuters says. The Obama administration has been massively criticized for its largesse towards Fisker Automotive, A123,and Solyndra. Both A123 and [...]
Where Is Currency Manipulation When We Need It: Ford Shuts Down Down Under
Ford has long been at the forefront of the currency debate, claiming currency manipulation when the yen went to levels that nearly killed the Japanese auto industry, and shouting “currency manipulation” now that the yen is back to normal levels. Now, Ford itself experiences the devastating effects of changing exchange rates: Ford is shutting down [...]
Tax Saabotage: Victor Muller Named As Suspect
As suspected, the Swedish Saab scandal over avoided taxes grows wider. Yesterday, it reached the failed takeover artist Victor Muller. “Muller prime suspect in Saab tangle,” headlines Swedens Svenska Dagbladet, The paper obtained court documents that say Muller is wanted for questioning. “Victor Muller is going to be called into the Financial Crimes Unit,” Chief [...]
Chevy Spark EV priced at $27,495; will lease for $199/month
The Nissan Leaf, the Fiat 500e and now the 2014 Chevy Spark EV 1LT. Three different electric hatchbacks that can all be had for the same low lease price: $199 per month. The Spark even has the same appealing $999 down payment as theShow More Summary
Video: 2014 Nissan GT-R Track Pack squares off against Audi R8 V10 Plus
The team over at Motor Trend has pitted the new Audi R8 V10 Plus against the Nissan GT-R. While both of the bright red all-wheel-drive supercars are comparably matched in power output, the similarities end there. Audi offers a mid-engine aluminum coupe with a naturally aspirated V10 that spits out 550 horsepower. Show More Summary
ETC: Jeremy Clarkson angers some by suggesting airlines should treat babies like luggage
You might think that Jeremy Clarkson has run out of groups to offend, but the Top Gear frontman remains as unfiltered and unbowed as ever, this time calling for British Airways to deposit traveling young children in with the luggage under its planes. Show More Summary
Infiniti luxury electric sedan needs more wireless charging
While we had been told it was coming in 2014, the exact release date of the production version of the Infiniti LE concept might just might hinge on something you can't see and that the Japanese automaker can't control: wireless charging infrastructure. Show More Summary
Tesla pays back $465m DOE loan, Musk says 'I hope we did you proud'
We're willing to bet there are bottles of champagne popping all the way from Washington, DC to Palo Alto, CA today with the announcement that Tesla Motors has, as suspected, paid off the entirety of its $465-million Department of Energy...Show More Summary
Official: Mansory Stallone makes a man out of Ferrari F12
The Mansory Stallone you see above isn't the first such transmogrification of a Prancing Horse. This one is based on the Ferrari F12 Berlinetta, but the first honor, as far as we can tell, went to the Stallone based on the 599 GTB Fiorano. Show More Summary
Report: VW to retrofit quarter-million TDI diesels with misfueling protection
According to a report from Autoweek, Volkswagen has plans in place to retrofit a quarter of a million 2009-2012 model-year TDI-engined cars with a system that will prevent misfueling with gasoline instead of diesel. In a notice sentShow More Summary
Report: 2014 SSC Tuatara deliveries to start as soon as December
Word has it SSC will deliver its first Tuatara supercar beginning in either December of this year or January of next. The news comes courtesy of company CEO Alan Leverett, who also said that the machine will set buyers back $1.3 million. Show More Summary
Quick Spin: Banks 6.5L Humvee
The military's High Mobility Multipurpose Wheeled Vehicle (HMMWV), or Humvee to most of us, is a rugged four-wheel drive vehicle designed and manufactured by AM General. In basic trim, the truck weighs about 7,500 pounds. For a beast of this stature, that number isn't overly alarming... Show More Summary
More Sales, More Work
Ford is adding a week of production at most of its North American factories this year for an additional 40,000 vehicles, Reuters says. Plants will be idled for just one week this summer instead of the traditional two. GM and Chrysler will also limit downtime. Three of Chrysler’s U.S. factories, including the Jefferson North plant [...]
Silly Car Commercials
When was the last time you saw a major car company do something silly in a commercial? No, not like that Lincoln ad made from Tweets curated by Jimmy Fallon, I mean something deliberately silly. There may be more recent ones but Isuzu’s “Joe Isuzu” ad campaign is the most recent one that I can [...]
Best Selling Cars Around The Globe: Audi A3 In The European Top 10 For The First Time
Now that you know everything about the Top 200 best-selling models in the world, it’s time to snap back to April and have a close look to Europe. Surprise surprise number 1: Sales are up for the first time in 19 months… Surprise surprise number 2: For the first time since the launch of the [...]
When Porsche Built an Audi and a Mercedes
I must start today’s article with an announcement: this is a big day. That’s because today is, in fact, my birthday. To celebrate, I will take a rare day off from writing a story of great importance to everyone, like the one about that woman crashing her Highlander into a house. Instead, I believe I’m [...]
Opel Workers In Bochum Walk Off The Job
First signs of the interaction between Opel and its Bochum workforce getting nasty. Today, Opel workers in Bochum stopped the lines for several hours to attend a so-called “information session” with the works council, Germany’s Automobilwoche [sub] says. Workers and works council have not agreed that the production of the Zafira will be moved to [...]
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