Showing posts with label Reports. Show all posts
Showing posts with label Reports. Show all posts

London Slaps Barack Obama’s Motorcade with a $194 Congestion Fine

Spanish City Offers Lifetime Tram Passes in Exchange for…Cars


    In the Spanish city of Murcia, the local pollies have come up with a unique solution to their burgeoning congestion problem.

    Residents have the opportunity to trade in their cars for a lifetime pass on the city’s newly introduced tram system. Severiano Arias, the director of Murcia Transvia Society, explains:

    “The point is to take cars out of circulation for the environmental benefits this brings. So we are only accepting working cars not ones ready for scrap heap because that would not serve any purpose.”

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Mercedes to Expand U.S. Factory to Locally Produce the Next C-Class, R-Class and G-Class

Lotus Evora S Patrol Cars to Assist Italian Police Force

Saab Further Delays Production Restart Due to Lack of Parts


    Saab announced today that it is still in discussions with its suppliers over supply and delivery terms in order to restart production at its Trollhattan factory.

    Yet, as the Swedish automaker tries to secure short-term funds, it isn't able to guarantee that production will commence on August 9 as Saab's new plan had initially called for, postponing the date to the end of August.

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Kia Wins “Best of Best” for Overall Design in German Contest

Ford Marketing Boss Jim Farley Allegedly Tells GM to Stick it in Upcoming Book


    We’re not used to automotive execs using foul language or trashing the competition when speaking out in the open and/or in public, so we were somewhat surprised with some of the comments allegedly made by Ford Motor Company Vice President of Marketing and Communications, Jim Farley.

    According to Jalopnik, the Ford executive who joined the Detroit automaker in 2007 after nearly two decades at Toyota and Lexus, was quoted in a book as saying that he is “going to beat Chevrolet on the head with a bat” and that he hates GM.

    And oh, Farely reportedly dropped the “F’ bomb on the General as well….

    The quotes you’re about to read are said to have come from early copies of the book "Once Upon A Car” from New York Times reporter, Bill Vlasic. The book is scheduled for release to the public in October this year.

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McLaren Opens its First Two Dealerships in Germany

Fiat Completes Purchase of Chrysler from U.S. and Canadian Governments, US Taxpayers Lose $1.3 Billion


    The Fiat Group today purchased the remaining Chrysler LLC shares held by the U.S. and Canadian governments. The Italian company acquired a 1.5% fully diluted stake in Chrysler Group LLC from Canada for US$125 million, and a 6% stake from the United States Department of the Treasury for a price of US$ 500 million.

    After acquiring the shares in the two separate deals, the Fiat Group now controls a 53.5% fully diluted equity interest in Chrysler LLC.

    Upon the completion of the deal, U.S. Assistant Secretary for Financial Stability Tim Massad released this statement:

    “With today's closing, the US government has exited its investment in Chrysler at least six years earlier than expected. This is a major accomplishment and further evidence of the success of the Administration’s actions to assist the US auto industry, which helped save a million jobs during the worst economic crisis since the Great Depression.”

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VW Reportedly Put a Price on the Table for GM’s Opel after Hearing Rumors about Hyundai’s Interest


    German monthly publication ‘Manager Magazin’ reported in its latest issue that the Volkswagen Group has a far deeper interest in Opel than originally thought.

    Citing unnamed sources close to the automaker, the financial magazine said that Volkswagen gave General Motors a rough estimate of what it is willing to pay for Opel after the German company heard rumors about Hyundai’s alleged interest in the European brand.

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Chevrolet Records Best-Ever First Half with 2.35 Million Global Sales


    Chevrolet sold 2.35 million cars worldwide in the first six months of 2011, which is a record number in the company’s 100-year history. The GM brand sold 286,499 more vehicles than in the same period of 2010, which represents a 14% increase.

    This is due to Chevrolet gaining ground in its top five markets. In the US, its sales increased by 16%, in China by 15%, in Russia, where it is the best-selling global brand, by 54%, in Canada by 8% and in Brazil by 0.4% over the record first-half of 2010.

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Official: 2012 Mercedes SLK AMG gets New 422HP 5.5-liter V8 with Cylinder Deactivation Mode


    Despite rampant rumors on the development of a turbocharged V6, Mercedes-Benz has chosen to continue with a naturally aspirated V8 engine in the next generation of the SLK AMG that is due to make its first public outing at the Frankfurt Motor Show this fall.

    While we only get to see a fuzzy photo of the 2012 SLK 55 AMG, the firm with the three-point star emblem revealed plenty of details around the roadster model’s new eight-cylinder engine.

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Rolls Royce Celebrates 100th Anniversary of the Spirit of Ecstasy with Historic Car Meet [Video]

Volvo Celebrates the 10th Anniversary of its Pioneering SCC Study


    Most concepts presented at motor shows remain just that: a stylistic exercise by the automaker’s designers, a “what if” proposal, a flight of fancy. At best, a few of them make it into production, mostly in a much more conventional form. But as with every rule, there are always an exception.

    Volvo’s SCC Concept is one such example. Presented at the 2001 Detroit Motor Show, the Swedish carmaker’s Safety Concept Car was more than just a glimpse into the future or the main inspiration behind the C30’s design: it was the car that, above any other, influenced Volvo’s technological advances.

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IKEA to Install Blink Charging Stations for EVs at Select US Stores


    Household furnishing giant IKEA announced that it has teamed up with ECOtality to host Blink electric vehicle charging stations for EVs at select stores in the Western United States.

    The company said that it is considering 10 locations in Arizona, California, Oregon and Washington with the program set to go in motion this fall.

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Your Tax Dollars at Work: The Volt as a Halo Model to the Cruze


    In the 1960s, customers who could only dream of owning a Corvette often left their local Chevy dealers with the keys to a new Impala or Bel-Air. Now, it seems the same thing is happening with the Chevy Volt don’t-call-it-a-hybrid and the Cruze small car.

    Year-to-date sales are up some 32% across the range, though only 567 of the 80,000 plus cars the Detroit automaker sold in June were Volts. The remainder were cars like the Cruze, which has earned the crown of Chevy’s biggest seller.

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Aston Martin Cygnet's Twin (...), the 2012 Scion iQ, Priced from $15,995 U.S. Sales Start in October


    After making the motorshow rounds, it’s time for Toyota to start preparations for the U.S. launch of its new Scion iQ mini that will begin arriving at dealerships on the west coast in October, and the rest of the country in early 2012.

    The Lilliputian four-seater model that is sold in Europe as a Toyota and let's not forget, as an....Aston Martin as well, will carry a base sticker of $15,265. A $730 delivery, processing and handling (DPH) fee brings the total to $15,995.

    The iQ’s most closest rival in the States is the Fiat 500 that retails for $15,500 in base trim, not including destination and handling.

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Just Before Launch, McLaren Decides to Make MP4-12C “More Emotional”

Chrysler Suspends Workers Caught on Camera Misbehaving


    Chrysler announced on Tuesday that it suspended nine workers from its Trenton Engine Plant without pay after FOX aired a report showing them drinking and smoking during lunch break.

    It all started when big brother FOX 2 reporter Rob Wolchek received two separate calls from colleagues of the aforementioned workers claiming that they no longer wanted to work with people behaving in such a dangerous manner.

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Toyota to Use Prius Hybrids to Supply Household Appliances with Electricity!


    As they say, necessity is the mother of invention. In Japan’s case, the devastating earthquake in March and the subsequent damages to the country’s infrastructure put the spotlight on Toyota’s Estima Hybrid minivan that features a system allowing the supply of auxiliary electricity to power household appliances.

    The minivan’s owners were extremely satisfied with the system, which effectively turns the hybrid system into an electric generator that runs on gasoline, claiming that it was invaluable during the extended blackouts in Japan.

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