Scion confirms “micro-subcompact” concept car for New York Auto Show
March 17, 2009 by Cam Shaft
Filed under Auto Industry News
Scion has confirmed plans to unveil a new “micro-subcompact” concept car at the upcoming New York Auto Show. The concept will reflect Scion’s youthful image and represents a new segment for the brand aimed toward the growing urbanization trend.
This basically means that Scion will be expanding into the minicar segment, which would coincide with [...]
Scion confirms “micro-subcompact” concept car for New York Auto Show
March 17, 2009 by Cam Shaft
Filed under Auto Industry News
Scion has confirmed plans to unveil a new “micro-subcompact” concept car at the upcoming New York Auto Show. The concept will reflect Scion’s youthful image and represents a new segment for the brand aimed toward the growing urbanization trend.
This basically means that Scion will be expanding into the minicar segment, which would coincide with [...]
Toyota F1 boss talks about the team’s close call with cancellation
March 16, 2009 by Cam Shaft
Filed under Auto Industry News
Executives of the Toyota Motor Corporation considered following fellow struggling Japanese carmaker out of Formula 1, a top chief of the Cologne based team has admitted. Tadashi Yamashina, team principal and chairman of the marque’s motor racing arm Toyota Motorsport GmbH, told a news conference that the global financial crisis led Tokyo based officials to [...]
Ford, Chrysler say GM should get more out of CAW
March 14, 2009 by Cam Shaft
Filed under Auto Industry News
Ford is projecting the strongest image of the Detroit 3 at the moment due to its refusal to seek government loans, but it says the deal General Motors and the CAW reached won’t be good enough to keep Ford competitive in Canada. GM, on the other hand, seems pleased with its deal, and has announced [...]
GM dealers not ordering new cars due to uncertain brand futures
March 14, 2009 by Cam Shaft
Filed under Auto Industry News
In what is set to become a terrible domino effect, lagging demand for new cars and an uncertain future at Hummer, Saturn and Saab dealerships is leading to an inventory pile up. That, in turn, means dealers are ordering no new cars, driving General Motors’ production schedule even further out of alignment.
Output in the first [...]
Spy shots: Cruze-based Buick compact sedan
March 12, 2009 by Cam Shaft
Filed under Auto Industry News, Future Cars
General Motors is still more than a year away from launching the Chevrolet Cruze sedan in North America but instead of speeding up its arrival the carmaker is working on a new Buick sedan based on the Cruze platform. Fears of GM’s cash problems haven’t managed to deter work on the new Buick compact sedan, [...]
Honda Insight Offically the Cheapest Hybrid in America
March 10, 2009 by Cam Shaft
Filed under Auto Industry News, Import Cars
With the unveiling of the Honda Insight it was clear that Honda is hoping to end the reign of Toyota’s hybrid segment dominance. One factor that may make the Honda Insight ultra competitive against the segment-leading Toyota Prius is the price. Starting at $19,800, the Honda Insight is officially the least expensive hybrid vehicle in [...]
Several potential buyers interested in Saturn
March 5, 2009 by Cam Shaft
Filed under Auto Industry News
The future of Saturn is anything but clear but as the weeks roll on decision time for General Motors continues to contract. The ailing Detroit carmaker confirmed in its most recent viability plan that it would only supply product to Saturn through the 2012 model year, and earlier this month in a letter to dealers [...]
400hp for $35,000: Pontiac G8 GXP and Dodge Charger SRT8 after incentives
March 5, 2009 by Cam Shaft
Filed under Auto Industry News
Whoever said the muscle car era was dead and gone? Right now you can drive away with more than 400hp (298kW) under the hood for around $35,000. The poor state of the economy is taking its toll on vehicle sales (GM just posted its worst sales figures since 1967 in February) but this is also [...]
GM auditors have ’substantial doubt’ about the company’s survival
March 5, 2009 by Cam Shaft
Filed under Auto Industry News
Once again General Motors is issuing a warning that it may run out of cash. How, you might wonder, considering the billions in taxpayer dollars that have already been pumped into the company? It’s unfortunately very simple: GM is still playing catchup with its debt, and all the money spent so far has merely been [...]
