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Toyota to Develop Turbo Motors for 2015

Many manufacturers who sell vehicles with turbocharged engines do so because by design they are both powerful and economical. It’s a very successful approach for European manufacturers, including Audi, BMW and Mercedes-Benz German brands. To date, the Japanese giant Toyota has been able to resist this wave, but all indications …August 6, 2013

Acura NSX Prototype Laps Mid-Ohio Track Prior to Indy 200

Prior to the start of the Indy 200 race, Acura showcased its brand new NSX prototype to adoring fans by completing a lap around Mid-Ohio Sports Car Course. The new NSX is scheduled to start production in 2015 so we’ll likely be seeing this prototype for a while. Acura made …August 5, 2013

Canada to Sell Stake in GM

Canada is preparing to sell its stake in General Motors, according to a report by Bloomberg. Finance Minister Jim Flaherty has previously said that the government would be looking to sell the 140 million shares it currently holds and one of his spokespeople confirmed that point at recently as last …August 5, 2013

Strong July Sales Numbers for GM

(The data is not adjusted to compensate for the gap between the number of selling days. July 2013 had 25 selling days and in July 2012 there were 24.) Chevrolet, Buick, GMC and Cadillac delivered 19,164 vehicles in July 2013. GM Canada sales rose more than 3% since the beginning …August 3, 2013

Lamborghini Diamante Concept

I'm telling you right now, this is not the successor to the Lamborghini Gallardo. The Diamante is a graduation project by Thomas Granjard, a 22 year old design student, who has just received his degree from the University of Coventry, England. The model, 1:5 scale, is a study of visionary …August 2, 2013

Toyota Nearly Doubles First Quarter Profit

TOKYO - Toyota Motor Corp. said its profit for the first quarter of the fiscal year nearly doubled from a year ago, and set an ambitious, worldwide production goal that would break industry records if reached. The Tokyo-based maker of the Prius hybrid and Camry sedan said profit for the …August 2, 2013

Porsche Cayenne Cabriolet: The Crazy Idea From Newport Convertible

Newport Convertible Engineering is a California company that specializes in converting cars and SUVs into convertibles. They are renowned and we have already seen NCE transform a Hummer H2, Cadillac Escalade, Mercedes-Benz G55 AMG, Toyota Land Cruiser, Ferrari 612 Scagliatti and others into luxury convertibles. Most recently, it was a …August 2, 2013

Big Three automakers report mixed Canadian auto sales figures for July

TORONTO - The big three automakers reported mixed auto sales for July, with Chrysler registering the most sales in Canada, followed by Ford and General Motors. Chrysler said Thursday it sold 26,209 cars and trucks last month, an eight percent jump from July 2012. The auto manufacturer said the figures …August 2, 2013

BMW overcomes headwinds from Europe; sales of SUV, 3 Series help

FRANKFURT, Germany - German luxury car maker BMW AG says it overcame tough auto markets in Europe and posted a 9 percent increase in net profit in the second quarter. Profits rose to 1.39 billion euros from 1.28 billion in the same quarter a year ago as revenue swelled 1.8 …August 1, 2013

Volkswagen sees profit slip 50 percent in Q2 due to one time Porsche effect

FRANKFURT, Germany - German automaker Volkswagen AG says net profit fell 50 per cent in the second quarter compared to the previous year, when earnings were boosted by a one-time accounting plus related to its takeover of Porsche. Excluding the Porsche effect, the company's operating earnings rose 1.8 per cent …August 1, 2013

Chrysler's net income up 16 percent in 2Q on strong Ram, Grand Cherokee sales

DETROIT - Chrysler Group says its net income rose 16 percent to $507 million in the second quarter on strong U.S. sales of trucks and SUVs. Chrysler sold 643,000 vehicles worldwide in the April-June period, up 10 per cent from a year ago. Revenue was up 7 percent to $18 …August 1, 2013

Mini Unveils Camping Concept Vehicles

Mini has introduced three concepts that allow car owners of the English brand to enjoy the joys of camping. They are aptly named the Clubvan Camper, the Countryman ALL4 Side and the Cowley. The Clubvan Camper It allows a person to enjoy an extra bed, in addition to offering a …July 31, 2013

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