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    Report: Jaguar C-X75 production run canceled
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    "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 ...

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    Mopar pulls sponsorship of Sam Hubinette's drift team
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    Formula Drift Mopar Dodge Viper - Click above for a high-res gallery
    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 ...

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    Entourage dead, Hyundai says no to badge engineering
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    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 ...

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    REPORT: Nissan cancels RWD Silvia successor and GT-R sedan, Prius-fight planned
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    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 ...

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    GM reportedly executes Cadillac XLR
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    Click above for high-res image gallery of the 2009 Cadillac XLR-V
    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 ...

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    Another one bites the dust: Mitsubishi pulls out of Detroit Auto Show
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    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 ...

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    European insurers quit covering Ford and GM suppliers
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    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 ...

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    Rumormill: Lexus LF-A... Stillborn?
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    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 ...

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    REPORT: Cadillac places DTS/STS replacement on hold
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    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 ...

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    Chrysler, cutting lineup, won't sell twins anymore
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    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 ...

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    Dakar looks at alternatives, South America tops list
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    Following the unfortunate cancellation of this year's Dakar rally, race organizers are examining a number of potential alternatives to permanently move the race away from northern Africa. Last year's race had stages canceled due to security considerations, but this year's event, which would have ...

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    NO SOUP FOR YOU! Prodrive-McLaren deal cancelled
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    If you've got your money on Prodrive making an unprecedented F1 debut next season, we'd recommend calling your bookie and changing your bet. The British racing consultancy was preparing to hit the grand prix circuit using equipment obtained through a deal with McLaren, but the agreement that was ...

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    Clarkson confirms he and Top Gear will return
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    Jeremy Clarkson has laid to rest rumors that either he or Top Gear itself would not be returning for another season. During yesterday's show, which is the last for the current series, Clarkson said, "Everyone seems to think the programme is finished or that I've left. Well, sorry to disappoint you ...

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    RIP: Chevy kills off Monte Carlo
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    A member of the GM Inside News forum posted today that he received an email from General Motors announcing the end of the Monte Carlo. We rang up the General for confirmation and received word that the Monte Carlo is indeed being offed. May 4th will reportedly be the last day you can order a Monte ...

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    Rumor Mill: Chrysler Pacifica being cancelled
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    News of the next generation Pacifica being cancelled and the model dropped from Chrysler's lineup has come to us right out of the rumor mill, albeit from a source we trust. We're told that official word of the Pacifica's fate is forthcoming and could arrive as early as today. The Pacifica was never ...

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    RIP: Ford Focus Wagon
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    While you may be able to successfully argue that station wagons have made a comeback thanks to such hipster sleds as the Dodge Magnum and SUV-inspired Outbacks from Subaru, the love hasn't spread to the Ford Focus Wagon, which has always been the black sheep of the Focus lineup holding down around ...

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