Autoblog

Click above for high-res gallery of new pics of the LP560-4

It seems that well-to-do individuals who grew up staring at Countach posters on their bedroom walls are still finding a way to fulfill their childhood fantasies. Both sales and profits are up at Lamborghini, with most of the increases coming from emerging markets, including the Middle East, China and Hong Kong. Lamborghini CEO Stephan Winkelmann believes that the key to its recent sales successes is its policy of producing fewer vehicles than it believes it can sell, thereby keeping demand high. Winkelmann also noted that costs go down as production goes up, a further boon to increased profitability.

With Lambo's latest Gallardo LP560-4 about to hit its 114 dealerships, the second half of the year is already shaping up quite nicely. Ridiculously expensive options with high profit margins like $19,000 carbon-ceramic brakes are sure to help the bottom line too.


[Source: Automotive News - sub. req'd]

As consumer demand for thirsty vehicles continues to wane, Mercedes-Benz is being forced to slow production at the Alabama plant which manufactures their GL- and ML-Class SUVs and the R-Class crossover. Sales of Mercedes domestic trucks fell to 5,090 vehicles in June, representing an 11.9 percent decline from the same period last year. The move marks the first time in more than a decade of U.S. production, that the German automaker has reduced output due to market and economic conditions. The cuts will affect more than 4,000 of the plant's employees, and unfortunately will trickle-down to hurt the countless other companies who provide just-in-time components to support Mercedes production.

[Source: Automotive News, subs. req'd]

The automotive sales sector is in a major state of flux as consumers continue to run from SUVs and pickup trucks into smaller, more fuel efficient cars. One manufacturer hit especially hard by this transition is Chrysler, a company that recently posted the worst fleet average fuel economy numbers of all major automakers in the U.S. due to its truck-heavy lineup. Still, the automaker has built up a large supply of Chrysler, Dodge and Jeep utility vehicles that they have got to get off dealer lots somehow. To ease consumers into the fuel-thirsy utes, Chrysler has introduced new incentives of zero-percent financing for 72 months on the 2008 Dodge Durango, Chrysler Aspen and Jeep Grand Cherokee and Commander.

While the lack of any financing charges will certainly impact the bottom line, it is nothing compared to the losses the automaker has been hit with over its past lease deals. In fact, truck and SUV residuals are so bad these days that Chrysler Financial has gone so far as to completely cut leasing out of its available portfolio starting August 1. The financing deals announced today are scheduled to continue through Thursday, July 31.

[Source: Automotive News - sub. req'd]

Click above to view live pics at ShadowyFlight.com

NBC is unveiling the new Attack Mode for KITT today at the very large Comic Con convention in San Diego. ShadowyFlight.com is covering the reveal of the car live in its forums, but this image has already made its way on the web and confirms that KITT has had his wings sheared. Gone are the various spoilers that cluttered the first version and what remains is a cleaner car with dual side exhausts, a deep chin spoiler that looks pretty heavy duty, an equally strong looking mesh grille, what appears to be rocket launchers where a shaker scoop would go, a still-very-big rear wing, rear air diffuser and new spokeless wheels that were stolen right off of a Bonneville Salt Flats racer. The rear tires are extremely oversized and still manage to poke out from the newly flared fenders. Is it better than the first Attack Mode version of KITT? Yes. That doesn't mean we necessarily like it, though. The Knight Rider fan community seems split as well. Make up your mind in the comments after visiting ShadowyFlight.com for over 20 more additional high-res pics of the new Attack Mode KITT.

UPDATE: New live shots on KRO reveal Attack Mode KITT has lambo doors.
UPDATE 2: ShadowyFlight.com returned with a big gallery of live images.


[Source: ShadowyFlight.com, via Knight Rider Online]

Chrysler LLC's financial division will no longer be offering leases to U.S. consumers on Chrysler products as of August 1st. The automaker will be holding a conference call with dealers later today to go over the changes and the reasons behind the decisions, but Chrysler spokesperson, Bill Porter, told Reuters "We are shifting our strategy to focus on retail products."

The move comes amidst Chrysler's attempt to get 20 banks to renew a $30 billion credit facility for the automaker's financial arm. The rise in borrowing costs next month will make it more difficult for Chrysler to offer low-interest loans and could spell further disasters on the sales front.

Thanks to all who tipped in.

[Source: Reuters, WSJ]

General Motors CEO, Rick Wagoner, mentioned in passing that several parties have expressed interest in purchasing HUMMER and that GM is moving as quickly as possible to seal the deal. "We have some interested buyers," Wagoner told reports while attending the opening of a new GM engineering and development center.

The sale of HUMMER would help fund GM's attempt to boost liquidity to the tune of $15 billion by the end of 2009. Other brands could be cut or paired down, but Wagoner insists that Saab will continue to soldier on. "Saab is a critical part of our European portfolio and has the potential to be quite a good moneymaker for us." He went on to say that the next Saab will be built in North America, although it wasn't divulged what model would be produced or where.

[Source: Reuters]

Click above for a high-res gallery of the Premier4509's V8 Vantage.

Veilside's luxury and exotics arm has already released body kits for the Lamborghini Murcielago and Bentley Continental GT, and now Premier4509 has turned its attention to the Aston Martin V8 Vantage. Any attempt to improve upon the stunning sheet metal of the Vantage is a risky affair, but Premier4509 seems to have balanced a bit of bling with some measure of restraint. The kit includes a new front bumper, side skirts, rear bumper and spoiler that ties in nicely with the shapely lines of the coupe, and the forged, three-piece wheels compliment the aggressive body kit, but will surely compromise the Vantage's already stiff ride.

All the pieces are made up of fiber reinforced plastic and optional carbon fiber accessories will be made available, along with new exhaust tips. Sale will begin in the first quarter of next year and will be limited to 300 units, each with their own numbered serial plate.


[Source: Premier4509]

Faced with miserable sales and a brutal economy, General Motors has reverted back to employee pricing for non-GM employees and family members. You may remember the last employee pricing campaign in 2005 that led to record summer sales followed by a miserable fall due to the fact that everybody looking to buy a vehicle pulled their purchase decision forward. This time around, only customers that get a unique PIN from an employee will receive the special pricing, and every GM employee gets one PIN to give away. That translates to roughly 108,000 vehicles that are eligible for special pricing, and only active employees are eligible to participate. Left out of the discounted car sell-athon is the General's considerable pool of retirees, which is larger than the sum of active workers. GM is hoping the promotion will give sales a boost without resorting to wholesale incentives to everyone, and with July rumored to be just as bad as June, the General can use all the help it can get.

[Source: Detroit News]

We were encouraged by the last bit of news on the upcoming return of Knight Rider as a series this fall from an interview with the show's producer Gary Scott Thompson. In it Thompson revealed that Turbo Boost would be back and KITT's Attack Mode de-winged. Unfortunately, the news is not so good out of San Diego today where the cast of the Knight Rider series held court at a Comic Con panel. According to io9, they were late because they were stuck in traffic (oh, the delicious irony) and what they had to show were boob-driven clips of impossibly attractive people acting badly. And Val Kilmer, the voice of KITT, has apparently develop a lisp. Sigh. A new side of KITT was gleaned from clips seen at the panel discussion where the autonomous talking car actually transforms into a pickup! We can tell you exactly why this has happened. Ford wants to promote pickups because nobody is buying them right now, so what better way to do so than have KITT grow a bed. We also learn that KITT will have a nemesis in another evil car of some sort, possibly another version of KITT himself or a 1987 Camaro IROC-Z (we kid). Any way you parse it, the news coming out of Comic Con for the return of Knight Rider is not encouraging, though we still plan on tying Alex to a couch and forcing him to liveblog every episode. Thanks for the tip, Brett!


[Source: io9.com]

Click above for a high-res gallery of the 2009 Kia Soul.

In April of 2009, the Scion xB will finally get some stiff competition from Kia in the form of the Soul. As reported previously, the new model will debut at the Paris Motor Show in October, measuring 161 inches long, 70 inches wide and 63 inches tall. According to Automotive News, the Soul will be packing either a 1.6- or 2.0-liter gasoline engine powering the front wheels when it arrives in the States, while European consumers get a choice of a 1.6-liter gasoline or diesel engine.

In addition to aping the xB's boxy shape, Kia will be offering a similar line of customization parts to make each Soul unique, so expect a variety of accessories, options and color combinations inspired by the Soul Burner, Diva and Searcher concepts that debuted in Geneva. Pricing has yet to be announced, but if Kia expects to compete with Scion, the Soul won't be knocking on the $20k ceiling.



[Source: Automotive News – Sub. Req.]