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  • Jim Press

    The recently announced alliance to be forged with Fiat notwithstanding, Chrysler's current position in the market is regarded as precarious by buyers and analysts alike. Vice Chairman Jim Press is more optimistic, however, stating that Chrysler will be 'viable' during the first half of the year. He carefully defines viability as the ability to avoid bankruptcy and develop new products, reports MSNBC, but he cautions that profitability is still too far off to predict. The viability claim - definitionally tenuous though it may be - rests on an assumption of just 10 million cars being sold in...

  • g power e92 bmw m3 001
    G-Power modified BMW M3 cranks out 635hp

    A high-revving, sweet-sounding V8 is a marvelous thing, and BMW's 4.0L V8 in the M3 is a capital example. The tuners at G-Power weren't satisfied with the factory-supplied 414hp (309kW), and decided to strap on a supercharger and boost output to a tire-vaporizing 635hp (473kW). About what you'd...

  • Bloodhound SSC rocket car
    Bloodhound SSC May Break Land Speed Record In Australia

    Late last year we saw Britain’s Bloodhound Project announce plans to smash their current land speed record of 763mph (1,227km/h) with their new SSC speedster, which they claim is capable of reaching a top speed of 1,050mph (1,690km/h) under a combination of rocket, jet and piston power...

  • Hulme V8 Can Am Supercar prototype
    Hulme Conducts First Public Shake Down Test For Can Am Supercar

    Caparo has shown how close you can get to the reality of driving a road-legal F1 car with its T1, and now New Zealand’s Hulme has revealed that development of its equally extreme Can Am Supercar has been completed. Hulme’s race car built for the road made its first public shake down...

  • 2010 Lexus RX 450h
    2010 Lexus RX first drive review

    Launching a new vehicle - especially a luxury vehicle - is a difficult thing to do at any time. Doing it during the worst economic downturn of the past several decades is all the more challenging. And when that ill-timed luxury vehicle happens to be a de facto member of the much-hyped but...

  • 2010 Toyota Prius
    Toyota to build more cars in North America than Chrysler

    Toyota's North American car output will surpass Chrysler's for the first time during the first quarter of 2009. The two companies' downward trajectories will soon cross, leaving Toyota as the third largest domestic producer behind Ford and General Motors. Both Chrysler and Toyota are sharply...

  • honda s2000 cr 2009 003

    Earlier this month word of Honda's decision to cancel its Honda/Acura V8 program, the CR-Z convertible and the next-generation S2000 emerged, but today Honda has officially announced that the 2009 S2000 will be the last. Produced for a full decade, from 1999 (as a 2000 model year car) through 2009, the S2000 has finally reached the end of its road. Along the way it received minor suspension and appearance updates, a slightly larger engine and other refinements, but it lived that decade in largely the same form it was created. Honda hadn't originally intended the S2000 to extend much beyond...

  • 2009 Cadillac XLR-V
    GM Announces New Production, Job cuts; Cadillac XLR Canceled

    The ongoing economic recession continues to impact the car industry and General Motors Company [NYSE:GM] with reduced revenue and the need to cut production. Reducing production means cutting back on labor, resulting in today's announcement of 2,000 jobs to be cut. Along with the lost jobs, GM will...

  • iding power ferrari f460gt conversion 001
    IDING Power Ferrari F460GT conversion

    With more power and even more aggressive aerodynamics than the factory-built 430 Scuderia, IDING Power's new F460GT offers a new take on a super-performing F430 variant. Boring out the engine and replacing stock parts with carbon fiber are the primary modes of improvement. As the name suggests, the...

  • Ford CEO Alan Mulally
    Ford confirms it won't need any loan money

    As the economy and the car industry transform to lighter, more compact versions of their previous selves, the primary agent of change is cash. Ford CEO Alan Mulally took an opportunity this weekend to re-affirm his company's ability to stand on its own, without government-backed loans, however...

  • ZAP Alias electric three-wheeler
    ZAP presents Alias electric three-wheeler to dealers

    Electric car company ZAP and its Chinese partner Youngman Auto have taken a step closer to getting its Alias electric three-wheeler onto driveways across the country, with the production version of the electric vehicle being displayed to dealers for the first time. The event took place at this past...

  • 2010 Audi A4 Allroad spy shots
    Spy shots: 2010 Audi A4 Allroad

    Audi's new A4 Allroad quattro has made its debut at the 2009 Geneva Motor Show. Click here for all the details. Like Volvo's XC line of cars, the Audi Allroad is a tall wagon with AWD and off-road capability. To date, however, the Allroad has only been available in a version based around the A6...

  • Fiat and Chrysler logos

    The proposed alliance between Chrysler and Fiat Group will reportedly see seven new vehicles introduced to the U.S. market, with most of the cars expected to be produced at idle Chrysler plants across North America. According to sources that have seen the product-sharing agreement, several of the vehicles will be sold through select Chrysler, Dodge and Jeep dealerships. The plan includes vehicles on four Fiat platforms, with models planned for the minicar, or A-segment, right though to the midsized D-segment. No decision has been made on timing or volumes but a concrete plan is expected to be...

  • U.S. Capitol Building
    Michigan representatives ask for $25B in new loans for auto industry

    The first $13.4 billion in auto industry loan funds have been disbursed to General Motors and Chrysler, but already Michigan's congressional representatives are seeking another $25 billion in industry loans. The funds would be targeted at suppliers and carmakers, with some funds set aside to help...

  • 2007 Mercedes Benz ML 450 Hybrid concept
    Next hybrid for Mercedes Benz will be a diesel-electric M-Class

    Mercedes Benz will launch its first ever hybrid model with the introduction of the all-new S400 BlueHYBRID, a petrol-electric hybrid based on the S-Class sedan, later this year. Its next hybrid, however, will reportedly be a more advanced diesel-electric model based on the M-Class SUV. According to...

  • GM Detroit headquarters
    GM receives additional $5.4 billion in federal funding

    The $17.4 billion bridge loan package signed into action by President Bush late in December has begun disbursement, with General Motors receiving $4 billion earlier this month and now the second instalment of $5.4 billion as well. This additional funding comes at a crucial time for the General...

  • Tesla Motors
    Tesla raises prices on all-electric Roadster

    Tesla has delivered 150 all-electric Roadsters to its first lucky customers and still has another 400 or so eagerly awaiting their chance to hop behind the wheel of the ground-breaking sports cars. Unfortunately for those waiting individuals, Tesla has decided to increase the price of its Roadster...

  • Switzer L4 700/750 Porsche 911 Turbo
    Switzer unveils L4 700/750 upgrade for Tiptronic-equipped Porsche 911 Turbos

    Earlier this month we showed a 1,000hp bolt-on kit for the Porsche 911 Turbo from America’s Switzer Performance Innovations (SPI), but the man behind the Ohio-based tuning shop is determined to show that his company is no one-trick pony. SPI also has a milder performance upgrade for...

  • SSC Ultimate Aero supercar

    Shelby SuperCars (SSC), the American supercar manufacturer behind the world’s fastest production car, the Ultimate Aero, has today confirmed plans to build an all-electric version of the record-breaker. Aptly named the Ultimate Aero EV (Electric Vehicle), the green supercar will begin testing next month and will be first unveiled in the second-quarter. SSC will be using its Ultimate Aero platform to showcase the technology but insists that the company is planning to produce its green technologies for a wide range of applications, including a wider range of vehicles. SSC's electric...

  • Ford Powershift transmission
    Ford launching dual-clutch transmission in U.S. in 2010

    In the never-ending pursuit of efficiency, performance and smooth power delivery, the next step forward for many carmakers is the adoption of the dual-clutch transmission. Once the province of high-end performance cars, dual-clutch units have been finding their way into everyday vehicles from...

  • Fiat and Chrysler logos
    What does the Fiat-Chrysler partnership mean to you?

    Today’s news of Fiat's decision to acquire up to 35% of Chrysler has taken the automotive world by storm. What might such an alliance portend for Chrysler? What could Fiat possibly derive from the union? And how might you, the car enthusiast, feel about the whole thing? History is always a...

  • 2010 Ford Focus RS
    Ford Focus RS enters production

    The first 2010 Ford Focus RS rolled off the production line today at the Blue Oval’s Saarlouis plant in Germany, with the first cars expected to hit showrooms in April. The Focus RS will be available in more than 20 European countries including Russia, with the UK, Switzerland and Germany...

  • bmw sauber f1 09 005
    BMW, Renault and Williams launch 2009 F1 cars

    Perpetual front-runners Ferrari and McLaren-Mercedes have already revealed their contenders for the 2009 Formula 1 World Championship, and as the weeks remaining until the kickoff of the new season in Melbourne tick away, more and more teams follow suit. This week the new debuts include the BMW...

  • 2010 ford taurus facelift 004
    Leaked brochure confirms EcoBoost for 2010 Ford Taurus

    It's amazing what a few lines of text can do, and while a few leaked details on the powertrain of the 2010 Ford Taurus is not in a league with the Declaration of Independence, both serve to illustrate the power of words. In this case, it's the power of an acronym - 3.5L GTDI - that conveys a hint...

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