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GM (sorta) denies seeking $5 billion direct loan from feds to stay afloat

A report by Barron's over the weekend cited (again) two unnamed sources that divulged General Motors has been after a loan from the Federal Reserve since last September. The Barron's article got somewhat specific about the unspecifics, namely how much, saying that the amount the General is after is unknown, "but it needs $5 billion to meet its goal of completing a $15 billion liquidity program, which actually is coming from cost cuts." Reuters (via Automotive News) reports that GM isn't after the fed's cash, but isn't averse to the idea or ... Read more →

Land Rover developing new 5.0-liter V8

Land Rovers have run Jaguar's rorty AJ V8 engine since Ford got tired of sourcing engines from BMW. CAR magazine has dug up information on some mules running around in Finland with a new 4997cc ...

VIDEO: Hangin' with the Glick and his P4/5

It's what we all aspire to as car guys; to be wealthy enough to indulge any flights of fancy and see our dreams rendered in metal and composite. James Glickenhaus' ultimate custom, the one of a kind ...

BMW might enter the hybrid pool with next-gen 5-series

Motor Authority reports that a senior engineer has said that if a hybrid proves to be more economical in the real world than its diesel counterpart, then BMW will build one. Speculation is that such ...

Should Audi develop a crate engine?

Crate engines are all over the place, as long as you're willing to limit yourself to American makes and V8s. As cool as an LSX-powered Audi would be, it would offend the sensibilities of some, though ...








Autoblog Podcast #152: Paukert Enhanced!

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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