Yesterday, the CEO of General Motors, Dan Akerson purchased $250,500 in shares of the automaker, buying 10,000 shares at $25.05. As of yesterday, Akerson owns 103,600 shares in the company. This last week has seen the worst stock market decline since 2008, with the crash has wiping out more than $6.7 billion from the value of...
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The eagerly anticipated 2011 SEMA Show is being held from November 1-4, and we’ve got the scoop on free passes to this year’s show to the first 800 enthusiasts who fill in and submit an online after market survey. SEMA will host a limited number of automotive enthusiast VIPs on Thursday November 3, 2011. The...
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BMW Financial Services has jumped on the social media bandwagon with both feet and has introduced a new social navigation mobile app called “The Ultimate Drive.” Created to give drivers a unique mobile and social experience, this app lets users submit their favorite routes and have them shared via other social platforms. The idea of...
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According to a new study from the National Highway Traffic Safety Administration (NHTSA), stability control has made cars much safer, lowering fatal accidents by eighteen percent. The government study used statistics from 1997 to 2009 to assess the effectiveness of stability control systems. The study also noted in 2005, less than twenty percent of new vehicles were sold...
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Toyota has just released the second official teaser photo of the new 2012 Camry. This picture follows a series of leaked unofficial shots and videos that ended up online in the last few weeks, not to mention the first official teaser image – of the headlight. Today’s photo shows angular taillight, with some of Toyota’s...
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Electric cars not green enough for you? How about a solar powered car? Ford will be working with SunPower, an established solar provider, to build a solar energy system for the Focus electric vehicle that goes on sale later this year. Solar panels will be mounted on the car owner’s house or garage, to power...
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Diesel sales have vastly improved through the end of July, up 38.5 percent, compared to the same seven- month cycle in 2010. Volkswagen has been leading the sales with the Jetta TDI and Golf TDI. Volkswagen sold 5,206 Jetta TDI models in July, bringing the diesel powered sedan’s year-to-date total to 56,717. On the other...
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Toyota seems to be getting more and more serious about electric vehicles. Recently it announced that it will start producing an electric version of the Rav4 in Canada, and now comes news that it wants to conquer the Nurburgring electric car lap record. Currently this record belongs to Peugeot and its EX1 prototype vehicle. It...
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Ford is delaying the full launch of the 2012 electric Focus. Initially, the Focus EV was to be launched in 19 markets, including New York, Los Angeles, Chicago, Detroit and Seattle. However, plans have changed and the primary launch will be concentrated in California and New York. Ford’s electrified-vehicles marketing manager David Finnegan said, “For the...
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When the change will happen, remains to be seen, for now Nissan will continue to use operators at 1-800 numbers to deal with customer complaints.
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If you have a car insurance policy with State Farm, you may be interested in adding on the company’s new In-Drive services system. This system will help you out with emergency response assistance, roadside assistance, stolen vehicle tracking, vehicle diagnostic alerts and maintenance alerts. Partnering with Huges Telematics, State Farm’s In-Drive system is an easy-to-install...
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Google isn’t alone in its plan to bring autonomous cars to roads near you. There is now at lest one other major player, with the National University of Defense Technology in China having built a self-driving project of its own. Working with China’s First Auto Works, the university researchers took a Hongqi HQ3 sedan and...
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Bugatti has built the fastest production cars in the world, but their next project will be a little different. Bugatti CEO Wolfgang Durheimer confirmed that the new 16 C Galibier concept, which gives an indication as to their next production car, will have four seats and have a generous trunk for luggage. The sedan will...
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Suzuki’s rocky relationship with Volkswagen has not ended, the Japanese automaker stated today. Even though Suzuki has made public remarks against VW’s role in the two automakers’ joint-venture, there are no plans for the Japanese automaker to pull out. Recently, a newspaper in Germany reported that the tenuous relationship was set to end, but a...
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Earlier this year, Land Rover introduced three hybrid-electric concept vehicles at the Geneva Motor Show, and now Land Rover is looking to put them to the test. The RAC Future Car Challenge is an annual event that showcases technology that we might see in production cars in years to come. Think of it as a...
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Ford’s Australian high performance FPV division Black Concept sedan has been given the green light for production after their a concept version was unveiled last month at the 2011 Australian Auto Show. Following the excitement and positive feedback received at the show, the company decided to produce the car. The concept is based on FPV’s existing Falcon-based muscle sedan....
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The development of the Jaguar XF wagon is still a work in progress for the British automaker. Ford’s product planners did not include a wagon body style when the sedan was first designed and Jaguar engineers have had to develop the XF estate from square one, with the project has becoming considerably more expensive and complex. Some insiders...
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Ford recently announced that the four-cylinder Ecoboost powered Edge achieves 21 mpg in the city and 30 mpg on the highway with the Ecoboost option, an improvement over the 3.5-liter V6 which gets 19 mpg city and 27 highway. The turbocharged 2.0-liter 4-cylinder produces 240-hp and 270 lb-ft of torque, down 45-hp from the V6 model,...
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Ford will introduce a new performance customization option to its vehicles in the near future, offering adjustable settings for things like the steering and suspension. Called MyFord Select Drive, it will likely allow for three different settings for the steering responsiveness and the firmness of the shock absorbers, as well as the transmission shift characteristics...
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Two security researchers from iSec Partners demonstrated at the Black Hat security conference in Las Vegas that they can unlock a Subaru Outback and start the engine with an Android phone. Don Bailey and Matthew Solnik used an Android phone and a technique they have dubbed ‘war texting’, to exploit two unnamed remote control products...
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Today, Nissan announced that it will be the first automaker to offer Quick Response codes on individual vehicle window stickers across its entire 2012 lineup. The QR codes link consumers to additional vehicle information, providing a free interactive shipping experience through smartphone devices. “Nissan’s new QR code program puts important decision-making information at shoppers’ fingertips...
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It looks as though Lamborghini maybe working on a very fast Aventador prototype. Spy shots have been taken of an Aventador sporting camouflage, fitted with Bugatti Veyron rims and tires. The only other explanation is that Bugatti is preparing to use the Aventador’s platform for a new supercar of its own but this is quite...
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The Land Rover Defender concept is set to make its debut at the 2011 Franfurt auto show next month as Land Rover decides whether the vehicle will be produced or dropped. With ever tightening emission requirements and a need to broaden market appeal, it may be difficult to produce a new Defender. Land Rover and Indian-owner...
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At a conference call to announce Sirius XM’s second quarter financial results, Jim Meyer announced that Sirius XM 2.0 will begin rolling out in phases by the end of this year alongside the release of two next-generation radios. Sirius XM 2.0 will feature more channels, more functions and will integrate WiFi, Bluetooth and the Internet...
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