cancelled

"We feel we could make the car work, but looking at the global austerity measures in place now, it seems the wrong time to launch an 800,000-pound to 1 million-pound supercar." Those words are from Jaguar Global Brand Director Adrian Hallmark, and as true as they may be, it still stings a little ...

In an unsurprising turn of events, Chrysler has pulled its sponsorship of Sam Hubinette's drifting team as part of the company's restructuring plan. The bankrupt automaker's Formula Drift program was run by Shaun Carlson's ...

When Hyundai dealers complained about not having a minivan in 2006, the automaker reached into the corporate pool and re-badged the Kia Sedona, turning into the Entourage. The timing was poor, as minivan sales plummeted across the board. Last year, sales were down 50% on the Entourage to just 8,400 ...

We knew this was coming, it was just a matter of getting confirmation. According to Autocar, Nissan has suspended plans to create a compact, rear-wheel-drive successor to the Silvia due to Nissan's financial difficulties and Carlos Ghosn's pledge to reduce costs.The first indication that Nissan was ...

The Bowling Green Daily News reports that the Cadillac XLR will cease production forever this spring. Spawned from the eye-popping Evoq concept, the Corvette-derived (but Northstar-powered) hardtop convertible finds itself as ...

Eight weeks from now, the 2009 Detroit Auto Show will open its doors at Cobo Hall. And... Mitsubishi won't be there. Like a handful of other high-profile manufacturers who have pulled out (including Rolls-Royce, Land Rover, Ferrari, Suzuki, and Porsche), the Japanese automaker based its decision ...

Soaked in bad news, GM and Ford received yet another dousing when their three big European credit insurers dropped them this week. Euler Hermes, Atradius, and Coface have all refused to write policies for suppliers trading with both automakers. The three giant insurance companies control more than ...

Click above for a high-res gallery of the Lexus LF-A concept.The writing has been on the wall for some time. Although the Lexus flagship graduated from "concept" to "prototype" when it campaigned in the 24 Hours of Nurburgring, Toyota has refused to even hint at a production date for the V10 ...

Click on the image above for our high-res 2008 Cadillac STS gallery It may be the end of the Big Cadillac. Not only has General Motors put plans for a DTS/STS replacement on the back burner, but apparently the flame is close to being extinguished as consumers are demanding smaller and more fuel ...

With Project Genesis in full swing, new revelations from Steven Landry, Chrysler executive vice president for North American Sales, have shed some more light on the corporate strategy to trim waste and turn the company around. As of now, dealers are under the belief that the automaker intends to ...