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With the recession in full effect, is comes as no surprise that month after month, car sales figures are lower and lower. For months now, not a single car manufacturer (barring Mini, thanks to a delivery hiccup affecting last year’s figures) has posted a year to year increase. However, while …

Officials say automaker Saab filed for bankruptcy protection Friday and has applied to be spun off from its parent company General Motors. spokeswoman Margareta Hogstrom said an application to reorganize the Swedish-based unit was filed at a district court in Vanersborg, in southwestern Sweden. The move comes after the Swedish …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …