Automakers Take Substantial Losses For 2008
January 6, 2009 6:33:34 PM
December 2008 was one of the worst months in recent history for automakers. Chrysler saw U.S. sales decline by over 50%, while GM, Toyota, Honda, and Ford all saw substantial decreases.

First Production Ford Mustang Cobra Jet Racer Rolls Off Production Line
January 6, 2009 6:03:34 PM
Just months after it was officially unveiled at 2008 SEMA Show in Las Vegas, the first race ready Ford Mustang Cobra Jet has rolled off the assembly line.

Nissan dealers will not make Detroit auto show either
January 6, 2009 5:03:34 PM
Nissan dealers have been asked by the brand not to participate in the Detroit auto show. When Nissan pulled out of the Detroit auto show in November, some local dealers said they wanted to fill in for...

Hyundai offers unprecedented WalkAway vehicle return program
January 6, 2009 3:41:28 PM
Hyundai is first ever automaker to offer job loss insurance on new car loans. In partnership with WALKAWAY USA, LLC, the automaker is offering a no-strings vehicle return insurance for customers who l...

Wooden Splinter Supercar - New Photos Updated
January 6, 2009 12:56:33 AM
Graduate students still at work on project to build supercar made out of wood. But the Splinter car will have some metal in it, by way of a V8 engine from Cadillac and a drive-train from a Chevy Corve...

GMAC gives up exclusive GM financing rights
January 5, 2009 6:56:33 PM
GMAC no longer has exclusive rights to finance GM car sales. As part of a government bailout of the troubled lender, car maker GM is free to seek financing for its dealers and customers from other len...

Chrysler gets first $4 billion of federal loan
January 5, 2009 5:26:33 PM
The troubled Detroit automaker gets its first bailout cash transfer. Chrysler will be getting an additional 5.4 billion US dollars in February and possibly more. The automaker has until March 31 to pr...

McLaren Tuned Dodge Viper Diamondback for Sale
January 5, 2009 4:56:33 PM
A truly one-of-a-kind Dodge Viper concept car is up for sale. Covered in carbon fiber, with a 615 hp McLaren engine, the 0-60 is 3.5 seconds.

2010 Cadillac SRX Officially Revealed
January 4, 2009 7:42:05 PM
The new 2010 Cadillac SRX crossover might not be the most powerful or economical SUV crossover, but much more importance has been placed on comfort and safety.

Geiger Present Supercharged Hummer H3 V8
January 4, 2009 12:45:26 AM
German tuner Geiger slaps a Kompressor on the Hummer H3 V8 to the tune of 423 hp and 502 lb-ft (680 Nm) of pure power.

GM gets First $4Billion of Aid Package While Chysler Has to Wait
January 2, 2009 8:11:20 PM
GM finally gets first bailout installment, Chrysler still waiting. GM has received the first 4 billion US dollars of a total of 9.4 billion that it will be getting from the US government. Chrysler is ...

2010 Ford Shelby GT500 Mustang Revealed
January 1, 2009 7:52:29 PM
Detroit will witness the most powerful Ford SVT-tuned performance Mustang ever when the 2010 Ford Shelby GT500 is revealed there in a couple of weeks.

Chrysler Thank You Ads Make America Cringe with Anger
December 31, 2008 5:14:11 PM
Americans don't seem to be appreciating Chrysler's expensive splash-out ads thanking the nation for their role in securing the automaker its bailout money.

GM Receives 10,000 Advance Orders for 2010 Camaro
December 31, 2008 1:13:58 PM
10,000 people have put in orders for the new Chevrolet Camaro, with a majority choosing the V6 model. But issues with suppliers may rain on the parade.

Fisker Karma S 'Sunset' Convertible Concept Teaser for Detroit Premiere
December 31, 2008 11:56:15 AM
Fisker has announced plans to debut their new Karma S 'Sunset' Convertible concept at the North American International Auto Show in Detroit next month.

GMAC Quickly Offers Car Loan Incentives in Wake of $5B Fed Bailout
December 30, 2008 9:04:50 PM
Car loan incentives are coming out thick and fast from General Motors after its $6 billion bailout by the US Treasury. Some of these are interest rates as low as zero percent.