Click above for a high-res image gallery of the Porsche Panamera
Underscoring the continued importance that automakers are placing on the Chinese market (especially in this difficult economic environment), Porsche has made it official that the new…
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BREAKING: First appearance of Acura LMP1 car at ALMS winter test
Acura's new ARX-02a race car made its first public appearance this morning at the American Le Mans series winter test at Sebring in Florida. Acura announced its move up to the LMP1 class in the American Le Mans Series at last year's Detroit Grand…
Rolling over car loans could signal disaster for car sales
As bad as the whole sub-prime loan fiasco has been in the mortgage industry, there was at least some rationale to it. Over time the value of real estate generally increases and if someone buys a house they have a reasonable expectation of being able…
REPORT: McLaren F1 considering acquisition of BMW F1 engine ops
McLaren's Formula One cars have been powered by Mercedes-Benz engines since 1995, but that could soon come to an end. The relationship between Daimler and McLaren has become increasingly strained over the past two years, following the Spygate scandal…
Where the fiasco is at today, a Cash for Clunkers update
As the whole ” Cash for Clunkers” program has transitioned from Congressionally-passed legislation to NHTSA rule book, it has at same time gone from a great way to get old gas guzzlers off the road to something resembling a fiasco. Over the course of…
BREAKING: GM to close 4 truck plants, may sell or close HUMMER
At the General Motors annual meeting in Delaware today, CEO Rick Wagoner will be publicly announcing the latest restructuring round for the beleaguered automaker. In response to plummeting sales of large trucks, GM will close down four more North…
Detroit Auto Show: Live Reveal of the Kia Kue Concept
Click the image for a gallery of high res images from the show and studio
During their press conference at the Detroit Auto Show this afternoon, Kia Motors of America Executive VP, Len Hunt, introduced new global design director Peter Schreyer…
REPORT: Governments need to step up to drive the electric vehicle market
While Toyota may be skeptical of near term market demand for plug-in vehicles there are obviously others who think differently, including Nissan and Mitsubishi, among others. Market analysts Frost and Sullivan rank among the latter group. The firm…
GM unveils Chevrolet Cruze WTCC racer
Click above for a high-res gallery of the 2009 Chevrolet Cruze WTCC
For the past few years General Motors has been competing in the World Touring Car Championship (WTCC) with a car based on the Daewoo-built Chevrolet Lacetti. Top Gear fans will of…
CAR launches the Connected Vehicle Proving Center
The recently announced Connected Vehicle Proving Center was officially dedicated at the Center for Automotive Research in Ann Arbor, MI on Tuesday. A number of officials, including the director of the center Stephen Underwood and CAR director Dr.…