Chrysler closing 789 dealerships
Chrysler LLC will close down 789 dealerships, or roughly 25% of the current number, according to a plan filed in bankruptcy court Thursday.
Chrysler had...
Webb suggests giving cash for buying a newer car
U.S. Sen. Jim Webb of Virginia wants the federal government to give motorists a financial reward if they trade in their old automobiles.
Anyone trading...
2010 Ferrari 458 Italia
While it's true that every Ferrari is innovative by definition, it's equally true that in the course of the Prancing Horse's history, certain cars...
Cosworth Plus Hyundai Equals Power
Hyundai may have expressed that it is reducing its race presence after this year, but apparently they are not abandoning the practice of building race cars. Enter the...
Volvo Debuts 508 HP Polestar S60 Concpet
Volvo and Polestar have a long history of making fast and interesting cars, just look at the Swedish Touring Car Championship standings, but Volvo...
GM sees profit, possibly IPO this year
General Motors could be ready for an initial public stock offering as early as the second half of this year, the automaker's new chief...
2015 Lexus ES350 Confirmed for Kentucky Production
The rumor from yesterday has been confirmed with an official press release from Toyota. Starting 2015, Lexus ES350 will be assembled at Toyota's Georgetown,...
Subaru’s April Sales Reach New Heights With a 48-Percent Sales Increase
Subaru of America, Inc. today announced that sales for April 2010 were up 48-percent over April 2009 with 23,198 units sold. Sales for the...
NHTSA working on online vehicle recall search database
The US National Highway Traffic Safety Administration (NHTSA) is close to finalizing an online database at www.safercar.gov which allows car owners to check if...
GM to restructure Europe unit without state aid
General Motors gave up on Wednesday on getting state aid from European governments for its loss-making Opel unit, saying it now had the financial...
