Auto news; Magna beats Fiat to buy GM Europe Canadian component manufacturer looks to have nosed ahead of Fiat in the race to own Opel and Vauxhall
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Daily Auto News
General Motors surprised auto industry observers by reaching an 11th-hour deal with a group of bondholders who own $27 billion worth of the company’s debt, but press reports say the development won’t stave off bankruptcy.
Daily Auto News
General Motors’ plan to import tens of thousands of Chinese-built cars to the U.S. over the next several years may be on hold.
Daily Auto News
Reports of the Dodge Viper’s death, it seems, have not been exaggerated. The famed supercar will probably fade out of existence quickly - the last example may have already been built.
Daily Auto News
“Is 12 years enough time to get your octane-loving soul behind the wheel of a hybrid?” Motor Trend asks.
Auto news; Ford Fiesta with 800bhp Rallycross-adapted Fiesta with 800bhp will compete at Pike’s Peak hillclimb this July
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Auto news; Mitsubishi Evo X FQ-400 Most powerful Evo X to date gets 397bhp and a meaner new look
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Auto news; Mitsubishi Evo X FQ400 Most powerful Evo X to date gets 397bhp and a meaner new look
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Daily Auto News
Studying Prius buyers over the last several years, Toyota noticed something unusual. A surprising number of high-income shoppers, who might ordinarily be expected to purchase a luxury car, were instead buying the green icon. There are, apparently, a large number of Lexus-level car shoppers interested in a dedicated hybrid car. And while Lexus offers hybrid versions of several of its cars (the popular RX crossover, for instance, is available in a hybrid), the company didn’t offer a hybrid that wasn’t also available as a conventional car - there was no unmistakable Lexus hybrid.
