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Tag Archives: auto news
Audi, Nissan, and Chevrolet Corvette Win Le Mans
Audi completed 355 laps around the 13.629 km (8.469 mile) circuit for a total of 4838 km (3006 miles). It was the tenth Audi victory at Le Mans, one more than Ferrari. Porsche still holds the factory record with 16. Continue reading
Audi R18 TDI on Pole at Le Mans, Peugeot Third in Qualifying
The fastest six cars were running within just five tenths of a second – meaningless in the world’s oldest endurance race, but exciting nonetheless. It looks like there will be 24 hours of intense racing for an estimated 250,000 fans, which because if the web millions of people can track real time at home. Continue reading
Posted in auto news, racing
Tagged 24 hours le mans, audi, auto informed, auto news, autoinformed, autoinformed.com, automotive news, endurance racing, Ken Zino, le mans, Peugeot
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Thousands Visit Oshawa for Chevrolet Camaro Homecoming
Camaro owners and fans are descending on GM Canada’s Oshawa Assembly Plant this weekend to celebrate the sales-leading pony car. GM estimated a crowd of more than 2,000 Camaro enthusiasts and people from the local community toured the plant today. Continue reading
Volvo Winces at Dour Depiction of British Pol in Project Volvo
The Daily Telegraph broke a story about the 2006 plot – dubbed Project Volvo – designed to ultimately replace Prime Minister Tony Blair with Gordon Brown. In it Brown was said to be viewed by voters as “”humourless, dour, moody, aggressive, unapproachable.” Brown was characterized as a “Volvo, British Rover.” Continue reading
Toyota Predicts 31% Profit Dip in Fiscal Year from Earthquake
The longer term issues facing Toyota are recovering lost market share and the unprecedented strength of the Japanese Yen caused by massive inflows of cash as export oriented Japanese companies attempt to recover from earthquake losses. Continue reading
Ford Kills U.S. Gas C-Max Van. Smaller Hybrids Now Due in 2012
The C-MAX Energi plug-in hybrid and C-MAX Hybrid will be followed by another next-generation hybrid in 2012, presumably an updated hybrid version of the Ford Fusion, which in its gasoline form remains the best selling car at the Number Two U.S. automaker. Continue reading
SUVs Now Among the Safest as Electronics Stop Rollovers
The safety improvements are so large that SUVs drivers are now statistically less likely to die in a crash than drivers of equivalent size cars. This conclusion on driver death rates was published today by the Insurance Institute for Highway Safety, which for decades pointed out that SUVs were among the most dangerous vehicles on the road. Continue reading
BMW Group to Invest $811 Million in UK to Make Next Mini
The UK is the BMW Group’s fourth-largest single market in the world for sales, behind Germany, the U.S. and China, with sales in 2010 of 154,750. BMW, Mini and Rolls-Royce vehicles. Continue reading
Posted in auto news, economy, manufacturing, new vehicle
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, BMW, bmw mini, david cameron, Ken Zino, mini, uk auto industry
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Corvette ZR1 Cuts 6 Seconds from Nürburgring Lap Time
A Porsche 997 GT2 RS posted a 7:18 lap time last year, but the Porsche at $350,000 in Germany is roughly three times more expensive than the ZR1, which begins with an asking price of more than $110,000 in the U.S. Continue reading
OPEC to Keep Oil Production Even. Prices Likely to Stay High as U.S. Economic Recovery Stalls and Unemployment Grows
OPEC’s decision to keep oil production levels constant is the latest setback for the stumbling U.S. economy. Since there has been no change in the way oil is produced or traded – as a fungible commodity – there is no reason speculators cannot keep oil prices moving up toward the record $147 a barrel that it hit in July of 2008. In fact, some analysts warn oil prices won’t stop there this time. Continue reading
Akerson Praises GM at Annual Meeting as Stock Languishes
The weaknesses at GM remain in its sales of traditional trucks, with a 110 days supply of full size pickups; it’s heavy use of incentives, which remain higher than the industry average, (but are lower than the levels that drove it into bankruptcy); and gaps in updating the product line because of delayed programs at the end of the last decade when cash was short. Continue reading
Posted in auto news, economy, financial results, news analysis, people, performance
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan akerson, GM, gm annual meeting, gm bankruptcy, gm ipo, Ken Zino, zino
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Volkswagen Holds Base Price of New Beetle to $19,765
Transaction prices of the Beetle will be much higher of course than the $19,765 starting point. The sportiest model the 2.0L TSI will start at more than $24,000 with a 2-liter in-line four-cylinder turbocharged engine that produces 200 horsepower and 207 lb-ft of torque. Continue reading
Volvo Recalls S60 for Defective Software and Engine Stalling
Volvo is recalling 2012 model year S60 passenger cars because they can stall without warning. All Volvo S60 models made from 18 November 2010 through 5 May 2011 will have the engine control software reprogrammed to eliminate this safety defect. Continue reading
Chevrolet to Sponsor 2011 Woodward Dream Cruise
Chevrolet will be the “presenting sponsor” for the 2011 Woodward Dream Cruise this year on 20 August as part of its on going 100th anniversary promotional events. It is the first in a new three-year sponsorship agreement between Chevrolet and the organizers. Continue reading
Washington Dithers as Unemployment Increases Again
There aren’t enough jobs to reemploy U.S. citizens who want to go back to work, let alone absorb new graduates as tax payers into the economy. The real rate of unemployment is much higher – some critics have at more than 18%. Continue reading
