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Fourth Annual Best-Retained Value Awards

Canadian Black Book has released its fourth annual "Best Retained Value" winners among passenger cars and light-trucks under $70,000. The awards based on data gathered from four-year-old vehicles in this case 2005 models, determines a vehicle's ability to retain value from its original MSRP. Expanded from Black Book's traditional 'top …February 19, 2009

GM, Chrysler seek more govt aid, cut more jobs

General Motors and Chrysler said Tuesday their request for U.S. government aid ballooned to a staggering $39 billion _ only months after receiving billions in loans _ in new plans that envision massive job losses and intense restructuring to survive a deepening recession. General Motors Corp. presented a survival plan …February 18, 2009

Porsche reveals first Panamera interior images and canadian prices

Porsche today presented the interior of its Panamera four-door gran turismo. The much-anticipated addition to Porsche’s lineup will go on sale in Canada on October 17, 2009. With a centre console that extends from the dashboard to the rear seats, the Panamera offers a new spatial concept for the driver …February 16, 2009

Porsche Unveils Panamera Interior

After years of development, the curtain was only recently drawn on Porsche’s four door sedan project, dubbed the Panamera. The resulting backlash from the bubble-backed design has been epic, as critics lambasted the last independent sports car manufacturer for not only deviating even further from their traditional roots, but also …February 12, 2009

Chrysler Sued Over Interiors

The lowest volume of the big three automakers, Chrysler has suffered recently. Although the 300, Magnum, and Charger may have continued a longstanding tradition of last-minute groundbreaking vehicles saving the historic automaker’s hide (refer to the famous K-car and Caravan), Chrysler and Dodge have been hit hard by much criticism …February 12, 2009

BMW Brings Art Cars to North America

Truly some of the automotive world’s most curious oddities, BMW's art cars have produced a number of responses in enthusiasts; ranging from shock to awe. Utilizing some of BMW’s most prized possessions, BMW put the world’s most renowned artists to work on everything from their immortalized 1975 3.0 CSL race …February 12, 2009

Nissan net loss at 83.2 billion yen in third quarter FY08

Total net loss of 265 billon yen forecast for FY08 Nissan Motor Co., Ltd., today announced financial results for the third quarter of fiscal year 2008, ending March 31, 2009, as well as for the first nine months. In the third quarter, the consolidated net loss after tax came to …February 10, 2009

Honda Mugen Insight Goes on Sale

After dominating the hybrid-specific model market, Toyota’s Prius finally has some competition in the form of Honda’s brand new Insight. A nameplate that first appeared on the diminutive but even more economical two door coupe, the new Insight borrows much of its design influence from the Prius, sharing the same …February 8, 2009

Toyota Loses Top Credit Rating

After hearing nothing but dismal news coming out of Detroit, it’s been easy to assume that the domestic manufacturers have been the only ones suffering, but the reality is that in this time of economic crisis, no one is winning. Even Toyota, who was riding a wave of success after …February 8, 2009

Ford SVT Raptor R to Compete in Best in the Desert

After a lengthy development, Ford’s SVT Raptor has wowed journalists, the public, and the competition. While Toyota’s TRD showed off a new supercharged Tundra and GM crammed the 6.2L Vortec motor into a Tahoe, SVT has blown every single competitor into the weeds with the best prepared pickup truck in …February 5, 2009

Canadian sales of new cars in January skid 25%; GM down 46.6%

General Motors of Canada suffered a 46.6 per cent decline in January sales from a year earlier, pacing an overall slump of 25.3 per cent in the industry. Chrysler sales skidded 33.7 per cent compared with January 2008, and Ford was down 14.2 per cent. Industry figures compiled Tuesday show …February 5, 2009

Evolution Production Partially Halted for 2010

Usually bearing the brunt of vehicular restrictions, Canadians will have a pleasant surprise in the 2009 model year, as Canada and Puerto Rico will be the only two countries to receive the 2009 Lancer Evolution. Due to a gratuitously late launch in 2008, Mitsubishi’s US branch currently has a large …February 3, 2009

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