The next CEO of Ford Motor Co. probably will be a company insider, Executive Chairman Bill Ford Jr. said Friday. The current Ford CEO is 65-year old Alan Mulally who is still performing and has no plans of retiring just yet. Ford Jr.also explained that it would be “very unusual” if Mulally’s replacement came from...
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Ford has officially confirmed that its new ultra-efficient smallest ever engine, a 1.0-liter three-cylinder Ecoboost unit will be placed in the new B-Max MPV. Ford claims that its new 3 cylinder engine, “delivers the same performance as a four-cylinder, but with much higher fuel economy and lower emissions”. The three cylinder engine was developed by engineers...
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Fiat, has offered Canadian government $125 million for its 1.7 percent stake in Chrysler. Last week, Fiat made a $500 million offer to the U.S Treasury to buy out the remaining 6 percent stake held in Chrysler, according to Reuters. With the involvement of the U.S Treasury, Fiat hopes to increase its ownership of Chrysler...
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The Chevrolet Volt is the first electric vehicle to receive a five-star overall vehicle score under the new National Highway Traffic Safety Administration’s New Car Assessment Program. In addition, the Volt is also a 2011 Top Safety Pick by the Insurance Institute for Highway Safety. “Safety is a key consideration for all buyers no matter...
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The Ford Fiesta has been selling exceptionally well in the Small car segment, beating key competitors like the Toyota Yaris and Nissan Versa. Last May, 7,120 Fiestas were sold, outselling the Versa’s 4,793 units in the same month. The success of the Fiesta has been attributed to skyrocketing fuel prices as well as the shortage...
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With much of the electric car attention being drawn by the first mass-produced Nissan LEAF and Chevy Volt, many have ignored the 2011 Fisker Karma plug-in hybrid luxury sports sedan. Fisker dealers in Los Angeles previously claimed the first deliveries to paying customers would take place in March or April of this year. But the...
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Today, Ford released details on its new fuel saving 1.0-liter EcoBoost engine and eight-speed automatic transmission to its powertrain lineup. The engine will have three cylinders and deliver performance expected from a larger four-cylinder while getting better fuel economy and achieving lower emissions. The new three-cylinder engine will be available globally in the company’s smaller...
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With Matrix sales slumping in the U.S, Toyota may not invest in a next-generation version when the 2013 Corolla hits dealerships. Only 14,592 Toyota Matrix’s were sold last year in the U.S which is down from 66,836 units in 2002. Matrix sales are still doing well in Canada, but Corolla sales are double that of...
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A Jurassic Park Jeep Sahara Edition Wrangler replica was up for grabs earlier on eBay and it looks pretty sweet. The graphics are painted on, instead of vinyl use, giving it better longevity. There’s even a pretty cool light bar that is still functional with each of the four lights being controlled by individual joysticks mounted to...
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The last time a four-cylinder turbo-charged engine was used in a Mustang, Ronald Reagan was president, but this may change. Ford is looking at producing a version of the EcoBoost turbocharged 4-cylinder found in the upcoming 2013 Ford Taurus for the new Mustang. The mustang would be a 2.3-liter version with a different cylinder head...
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The Jeep Wrangler will finally get the Chrysler 3.6-liter Pentastar V6 for the 2012 model year. Since 2007, the Wrangler has used the 3.8-liter V6 engine, which replaced the bullet proof 4.0-liter inline six. New transmission hardware has also arrived for the Wrangler as it will forgo the ancient four speed automatic for a five-speed...
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Kimi Raikkonen struggled to a 27th place on his NASCAR Nationwide Series debut at Charlotte Motor Speedway. Raikkonen, driving the #87 NEMCO Motorsports Toyota prepared by Kyle Busch Motorsports, suffered a pit road penalty and damage to the front of his car, dropping from 15th to 27th place. The iceman enjoyed a great run in...
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Toyota is taking product development authority away from Japanese bosses and putting it in the hands of North American executives as part of a larger change aimed at fixing quality control issues that hurt the automaker’s reputation last year. Until now, vehicles produced and designed and developed in North America had to be approved by...
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General Motors has recently revealed plans of a shift in production for the next-generation Chevrolet Impala. The new Impala will soon be produced in the Detroit-Hamtramck plant, rather than the Oshawa, Canada facility that currently builds the car. The next Impala will be based on Cadillac’s upcoming XTS sedan meaning the Impala will grow in...
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A poll has just been released asking Americans to rate their likelihood of making certain lifestyle changes based on different hypothetical gas prices. 57 percent of respondents refused to consider buying an “electric car that you could only drive for a limited number of miles at one time” no matter how high gas prices go. Instead, they are...
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NASCAR driver Kurt Busch, is raffling a one off 2011 Charger R/T. However, this is no ordinary Charger. There have been some performance modifications added to the Charger to make it quite unique. This Charger is outfitted with door scoops inspired by the 1970 Charger R/T, unique rear spoiler and front fascia, black chrome 20-inch...
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The Chrysler Group has repaid it outstanding debt worth $7.6 billion in loans to the U.S and Canadian governments. This ends nearly two years of public ownership of the third largest U.S automaker. Chrysler made a payment of $5.9 billion to the U.S Treasury and $1.7 billion to Export Development Canada- finally ending loans that...
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Ford researchers are taking an ‘active’ role in developing a series of health and wellness in- car connectivity solutions designed to improve drivers lives. Ford is utilizing its SYNC system to develop a first voice controlled in car connection to an array of health aids such as a glucose monitoring system, diabetes management services and asthma management...
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A $30 million federal- government grant, half funded by the Department of Energy is development of a high efficiency Cummins four-cylinder diesel engine to be used in the Nissan Titan. This engine will allow the Titan to shed its guzzler status and become one of the most fuel-efficient full size pickup trucks on the market....
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With the average price for a gallon of gasoline above $4, many American drivers are looking to dump the family gas-guzzler as quickly as possible and buy a more fuel efficient hybrid. But according to Jeff Bartlett, deputy online automotive editor at Consumer Reports, this is the worst time to do so. With so many...
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Over the next three years, the pace of new model introductions in the U.S auto market is expected to pick up. Ford Motor Co. and General Motors Co. are taking the lead, according to a Bank of America-Merrill Lynch report. The categories likely to have the highest proportion of new models are small cars, crossovers...
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Daewoo, one of South Korea’s most famous nameplates, is being retired by parent company General Motors, in favor of Chevrolet. GM is hoping to make Chevrolet a global brand, and the move fits in with their overall strategy. Daewoo has a deservedly poor reputation in the United States for making and selling cars that were...
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If you’ve never heard of Zagato’s Perana Z-One (what a mouthful), it’s OK, we understand. The original intention of Zagato for the Perana Z-One was for it to be strictly sold in Europe and the United Arab Emirates. Based on a Chevrolet Corvette chassis, the Perana Z-One has garnered enough attention that Zagato has decided...
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Motor Trend has all but confirmed one of the car world’s worst kept secrets; the Chevrolet Camaro will return in Z28 trim for 2012, likely packing the 556-horsepower LSA supercharged V8 used in the Cadillac CTS-V. The LSA engine makes just a touch more horsepower than a comparable Shelby GT500 (which has to make do...
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