Ford Says F-150 Orders with EcoBoost V6 on the Rise

With gas prices on the rise again, an increasing number of Ford F-150 buyers looking to save some (let’s not get carried away here…) cash at the pump without compromising on power are turning to the company’s new EcoBoost turbocharged V6 engine. According to Ford, demand for the EcoBoost engine in the F-150 has increased each month since production began in January. In March, one in every four (25%) models sold in the States was equipped with the force-fed V6, increasing to around 35 percent in April. Read more »

GM to Build and Sell New 2013 Chevrolet Malibu in Korea

General Motors is quite serious about selling its upcoming 2013 Chevrolet Malibu on a global scale. So serious, in fact, that the Detroit automaker is making plans to built the mid-size model on several continents. Today, GM revealed that will build and sell the redesigned Malibu sedan in Korea. We’ll remind you that earlier this year, GM Korea announced it is replacing the Daewoo nameplate with the Chevrolet brand for the local market. Read more »

U.S. Gov Study Reveals Significant Decline in Border Crossings through Canada and Mexico over the Past Decade

A new study by the Department of Transportation’s Bureau of Transportation Statistics (BTS) reports a considerable decline in the number of people crossing from Mexico and Canada into the U.S.A from 2000 to 2009.

The report found that the number of people entering the U.S. through its land borders dropped 37 percent in this period, from 400 million people in 2000, to 252 million in 2009, with the majority (75 percent) crossing through Mexico. In the same period, border crossings from Canada declined by 40 percent and from Mexico by 36 percent.

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Kia Recalling Spectra Models Over Fears that the Fuel Tank May…Fall Off

South Korea’s Kia Motors said Friday it will recall certain Spectra LD vehicles from the 2004-2007 model year in the United States over a corrosion issue that could cause the fuel tank to fall from the car. The recall covers 58,322 Kia Spectra models build from November 7, 2003, through March 6, 2007, and sold or currently registered in states that rely heavily on road salt to melt ice in the winter. Read more »

Mini to Use Rolls Royce-Prepped Goodwood as a Sub-brand for Bespoke Models

In the same way the John Cooper Works moniker designates high-performance models, Mini plans to use the Goodwood name as a sub-brand for high-end luxury versions of its cars. According to British magazine Autocar, which quotes sources from within the company, the Goodwood badge will be used on luxurious, bespoke Minis just like the JCW badge is put on its high-performance models.

The first model of the Goodwood line is the “Mini Inspired by Goodwood”, which made its world premiere at the Shanghai auto show. The car is essentially a Cooper S that sports unique styling cues and trim options designed “in close collaboration” with Rolls-Royce. The name itself pays tribute to Rolls-Royce's headquarters, while the Shanghai unveiling signals the importance of the Chinese market for very expensive Minis.

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Toyota Confirms 2.0-liter Boxer Engine, Six-Speed Gearboxes and LSD for 2012 FT-86

In keeping enthusiasts on their toes, Toyota’s European division came out with a new release today on its upcoming FT-86 sports coupe. The Japanese automaker confirmed that the production version will go on sale in 2012 with power coming from by Subaru's new 2.0-liter 4-cylinder boxer engine fitted with Toyota's D-4S technology. The latter consists of direct injection combined with port injection.

We still don’t get any output numbers although Toyota says the D4-S technology “results in increased horsepower and torque without sacrificing fuel consumption and environmental performance.” Subaru's latest 2.0-liter horizontally opposed gasoline engine, which is offered on the all-new Impreza, develops 148 horsepower and 145 lb-ft (197 Nm) of torque, but in the case of the FT-86, output is expected to increase significantly.

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Spyker Cars Says Saab won’t Meet its Sales Target this Year, Now Talking with Chinese Companies for Funding

The roller coaster that is Saab has taken another turn, and unfortunately for the Swedish brand, the future doesn’t look so bright. In spite of a tentative agreement to let Russian banker Vladimir Antonov invest 30 million euros in Saab’s parent company Spyker in return for a 29.9 percent stake, the investment still needs to be approved by the European Investment Bank, which means the Swedes are still short on cash and cannot resume full production.

Today, Spyker reported a loss of €79 million before interest and tax for its first quarter earnings, while the company’s CEO, Victor Muller, said that Saab will not meet its sales target this year.

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Lincoln Touts All-Wheel Drive Sales in the USA

Not to be outdone by GM and its Cadillac brand, which had recently published some fresh statistics about its all-wheel drive model sales in the States, Ford’s Lincoln division came out with a similar announcement to increase awareness and do some show off. Ford’s premium brand offers all-wheel drive as an option on all five models of its range, including the MKT, MKS, MKZ, MKX and the Navigator. Read more »

Brand New Trailer for "Transformers 3: Dark of the Moon"

Today we get our first look at the second, full-length theatrical trailer for Michael Bay’s upcoming blockbuster film, “Transformers: Dark of the Moon”. The brand new trailer provides us a deeper look into the story, characters and the action we can expect to see in the third and possibly final chapter in the Transformers franchise.

While Shia LaBeouf returns as Sam Witwicky, this time he will have to do without Megan Fox who was replaced by super-hot-model Rosie Huntington-Whiteley. Aside from the new (human) faces, we’ll also see a fresh batch of Autobots and Decepticons wreaking havoc on earth, in space and on each other, with Michael Bay promising a more mature and perhaps darker story line. We shall see.

The third chapter of the Transformers films opens everywhere on July 1, 2011. For the time being, follow the jump to check out the new theatrical trailer.

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VW Remembers its First Diesel-Powered Golf, we Compare it with its Modern Day Successors

In 1976, just two years after the introduction of the original Golf Mk1 that was designed to replace the Beetle, Volkswagen presented the first diesel version of its compact model, the Golf D. It was powered by a 1.5-liter four-cylinder diesel engine that put out 50HP at 5,000 rpm and 80Nm (59 lb-ft) of peak torque at 3,000 rpm.

The most economical Golf of its time returned a combined fuel economy of 6.5 lt /100km, equal to 36.2 mpg US and was able to complete the 0-100km/h (62mph) sprint in 19 seconds while reaching a top speed of 141 km/h (88 mph).

Over the years the Volkswagen Group invested in this particular engine technology and today, buyers of the current, sixth generation of the Golf can choose from a variety of diesel powerplants ranging in output from 105HP to 170HP. And the results are quite impressive when you compare the original Golf D from 1976 to its modern day successors.

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Swedish Debt Office and GM Allow Antonov to Invest in Saab

It appears that Saab's hopes of survival continue to depend after all that happened on Vladimir Antonov, the Russian banker who was forced by GM to sell his initial shares in Spyker for the Saab sale to occur. Spyker today confirmed that the Swedish National Debt Office (NDO) allowed Antonov to become a major shareholder in Spyker Cars, Saab's parent company.

"This is a great day for our company and for me personally. We worked relentlessly for 11 months to achieve the desired result: restore the reputation of Vladimir Antonov, who made so many valuable contributions to Spyker since 2007 as financier and shareholder,” said Victor Muller, CEO of Spyker and chairman of Saab Automobile.

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Seat Rumored to Start Production of Audi Q3-based SUV in 2012

It seems that the VW Group’s Martorell plant in Spain will not only build the new Audi Q3, but a similar version of the compact SUV for Seat as well, according to a report from British car magazine, What Car. Industry sources told the publication that the Seat IBX crossover study shown at Geneva this year will be built in the same plant with the Audi Q3, with both models to share the same platform. The production version of the IBX is expected to be introduced next year. Read more »

Chrysler Group to Repay $7.5 Billion of Government Loans by the End of June

In order to pave the way for Fiat to reach 51 percent ownership of the Chrysler Group, the Auburn Hills-based automaker announced today that it intends to repay in full the loans provided by the U.S. and Canadian governments back in 2009 ($7.53 billion in total).

The Chrysler Group said it plans to complete the repayment during the second quarter of 2011 (ending in June). The company will use money from a new term loan facility plus a new issue of debt securities that will be sold to institutional investors in a private offering along with proceeds from Fiat’s recent cash infusion to increase its stake in Chrysler.

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Sic…Lexus Becomes Official Supplier to HSH Prince of Monaco who will use an LS Hybrid for his Wedding

For those who still believe in the institution of monarchy and the legitimacy of kings, queens and royalty in general in this day and age (…some 2,500 years after the Athenians gave birth to democracy), 2011 will be marked by the royal weddings of Prince William to Catherine Middleton, and to a lesser extent, Prince Albert II of Monaco to Miss Charlene Wittstock.

If you wondering what all this has to do with the world of automobiles, Lexus’ European division announced today that it has received the royal stamp of approval from His Serene Highness [HSH] Prince Albert II of Monaco. The latter appointed the Japanese automaker as the official supplier of luxury cars to the blue-blooded residents of the Sovereign Prince of Monaco.

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Poll: What’s Your Favourite Toyota FT-86 Concept?

Toyota’s FT-86 sports coupe has to be one of the most hotly anticipated cars of the last ten years. A sporty, lightweight, front-engined and rear-wheel-drive spiritual successor to the legendary AE86, brought to you by the same company that built the Celica, MR2 and Supra? Yes, please!

So far, we’ve had three iterations of the “AE86 Nouveau”. First, there’s the original, scene stealing Toyota FT-86 Concept from the2009 Tokyo Motor Show. Then there’s the much derided FT-86 II Concept from Geneva 2011. And lastly, there’s the Ferrari-emulating Scion FR-S that took the 2011 New York Auto Show by storm.

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Porsche Engineering Celebrates 80th Anniversary with Special Museum Exhibition

Porsche has been making sports cars for more than sixty years, but the historic roots of the brand go further back to 1931, when Ferdinand Porsche founded and registered an engineering design bureau in Stuttgart. Up until 1948, when Ferry Porsche built the first Porsche automobile (the legendary Type 356), the design bureau offered engineering services to important companies around the world. Read more »

Buick’s China Sales Surpass 3 Million Mark 12 Years After the Brand’s Debut

China with its massive emerging middle class is shaping up to be one of the important markets for General Motors. In fact, for one of the Detroit firm’s brands, China is actually its biggest market by far. We’re talking of course about Buick that has just surpassed the 3 million mark in Chinese sales since GM’s joint venture began offering the brand in the country in 1999.

Last year, Buick’s sales in China rose 23.0% to a new high of 550,010 vehicles. That’s compared to 155,289 deliveries (+51.9%) in the USA in 2010. Buick has more than 400 stores across China with the brand’s lineup comprising of several familiar models including the Regal, Enclave and La Crosse, as well as market-specific cars such as the Opel Astra-based Excelle XT, the new GL8 MPV, and the Holden Caprice-derived Park Avenue.

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Jeep Betting on Three New SUVs to Boost European Sales Five-Times by 2014

Jeep has disclosed plans to increase European sales from 25,000 units this year to 125,000 units by 2014. Europe will play a key role in Chrysler CEO Sergio Marchionne’s plans to double the brand’s global sales from 420,000 units last year to 800,000 units in 2014.

"Our plans for Europe are ambitious but doable. Europe for Jeep is an incredibly important market. We have been here for 30 years and half of our international sales historically were in Europe," Jeep CEO Mike Manley told Autonews Europe.

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Report: Renault Captur to Spawn two Production Models within the next two Years

It seems Renault's funky Captur concept that premiered in Geneva won't remain just another design study, as the French automaker is planning to build two production models inspired by the small crossover, according company insiders quoted by Autocar. The first version will be a small five-door crossover similar in size to the Nissan Juke, with which it will share the platform. Read more »

F1’s Team Lotus Acquires British Sportscar Maker Caterham

The owners of Formula One Team Lotus announced today the acquisition of lightweight sportscar manufacturer Caterham, for an undisclosed sum from the shareholder consortium led by Corven Ventures.

Based in England, Caterham has made a name for itself for building the Seven, a lightweight two-seater sports car that was designed by Lotus founder Colin Chapman and who sold the rights of the car to Caterham in 1973.

Team Lotus chiefs Tony Fernandes, Kamarudin Meranun and SM Nasarudin said in a statement that the company plans to expand Caterham’s profile and product family while also continuing the development of the Seven.

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