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    ETC: Buy Ferrari's F1 motorhomes and start your own Scuderia [w/videos]
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    The single-seat racecars themselves may be the most impressive bits of machinery a Formula One team brings to the circuit, but the vehicles you see on the track are not the end of the story. The trucks in which they're transported and which serve as mobile bases for the team's trackside ...

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    Report: Daimler newest rumored suitor for MV Agusta
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    Italian motorcycle maker MV Agusta has been riding down a rough road so far this year. Not only did it temporarily lose it license to sell bikes in California, rumors have kept popping up about it being sold to a couple of automakers. Fiat was reportedly considering the business for a possible ...

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    Official: Shelby American cleans house of 14 concept cars
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    Typically when an automaker rolls out a concept car or pre-production prototype, it does its tour and then disappears into the company's archives. Maybe it will be displayed for the public to see in the company's own museum or maybe it will spend most of its time under covers in a warehouse ...

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    Report: Tony Fernandes putting Caterham up for sale? [UPDATE]
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    UPDATE: Caterham has issued an unequivocal press release, stating explicitly: "Despite press romours to the contrary, Caterham Group is not for sale." The statement goes on to say that the sports car maker is "actively searching" for new investment as a means to support its continued development. ...

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    Official: Infiniti to offer pair of designer Q50 sedans on Gilt.com
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    As Infiniti continues to roll out its 2014 Q50, the luxury branch of Nissan is looking to the online luxury purveyors at Gilt to move a couple of special editions of the new luxury sedan. Infiniti has teamed with designers Thom Browne and Zac Posen to create a pair of unique Q50 models, as part ...

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    $300 discount on Lexus F Sport Accessories
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    2010 Lexus IS 350C F Sport – Click above for high-res image gallery
    Lexus just dropped us a note to let us know that its F Sport line of performance accessories are on sale between September 10 and November 1, with between $100 and $300 off on accessory packages ranging from $500 to $2,000. ...

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    BREAKING: Hertz reportedly buying Dollar Thrifty car rental rival for $1.17B
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    Good news, rental car fans – Hertz has managed to expand its operations by over 1,500 locations. The company has reportedly just agreed to snatch up Dollar Thrifty car rental in a $1.17 billion deal that included both cash and Hertz stock. According to USA Today, that figure values Dollar ...

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    Report: Strong Canadian loonie leads to Porsche price cuts
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    Put this down as a public service announcement for rich people: A strong loonie is what our neighbors to the north have all been waiting for. Thanks to the loonie's climb up the currency value charts, Porsche has dropped prices of its line by two percent. A Boxster is suddenly $4,000 loonies ...

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    GM Olympic fleet vehicles will all find their way to Canadian dealers
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    They won't make you ski, skate or snowboard with any additional talent or zest, but the "official" Olympic-branded vehicles used during the 2010 Winter Games are going up for sale in Canada later this month. Each of the General Motors supplied cars and trucks spent time in Vancouver and Whistler ...

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    Hurry Up and Wait: Report says GM has no planned announcements regarding Saab
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    Don't expect General Motors Corp. to make any new announcements regarding Saab now or in the near future, according GM spokesman Chris Preuss. According to a report in Automotive News, Preuss added that no new Saab deals are imminent with any interested parties. Speculation and rumor-mongering ...

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    REPORT: Saab dealers 'running out of cars'
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    2010 Saab 9-5 - Click above for high-res image gallery
    With new vehicle production at a trickle, and its dealer network slashed by a third, retailers of the Saab brand are finding inventory shrinking to drought levels. Some of the remaining dealers may even run out of new vehicles before ...

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    Koenigsegg reportedly rejects 81 out of 218 U.S. Saab dealers
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    2010 Saab 9-5 - Click above for high-res image gallery
    According to Automotive News, Federal Express letters arrived at 81 of Saab's 218 dealers on Thursday stating that their franchises had not been selected to move forward and become a dealer for the post-sale entity, Saab Cars North America. ...

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    REPORT: Saab deal between GM and Koenigsegg finalized
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    2010 Saab 9-5 - Click above for high-res image gallery
    The deal has been signed, but the cash still hasn't changed hands. In a nutshell, that's where the share transfer agreement between GM and Swedish manufacturer Koenigsegg sits. Those close to the deal say the two companies have agreed on a ...

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    REPORT: GM to announce tentative sale of Hummer tomorrow
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    According to a report by the Wall Street Journal, General Motors plans to announce a tentative sale of the Hummer brand less than a day after filing for Chapter 11 bankruptcy protection. Although GM won't release the name of Hummer's (possible) future owner(s) on Tuesday, the WSJ's sources say that ...

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    REPORT: BMW warns employees of looming pay cuts
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    With 58,000 fewer new vehicles sold in 2008 and a net profit nearly 90 percent lower than it was in 2007, The Independent is reporting that BMW is cutting its board member bonuses by 40 percent. In addition, the balance of its 100,000 employees are facing pay cuts. The sales slowdown will also take ...

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    Saab head says five possible buyers identified
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    Two months. That's how long the world will have to wait for Saab to identify its new owner, according to Managing Director Jan-Ake Jonsson. Although he didn't specifically mention candidates, Jonsson told Automotive News Europe that, "There are about five we want to talk to. There are a couple more ...

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    GM offering buyouts and bonuses to HUMMER dealers
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    Click on the above image for our 2009 Hummer H3T high-res gallery Taking heed of lessons learned when it shed the Oldsmobile brand, General Motors is quietly negotiating with HUMMER dealers to prevent lawsuits if the brand is sold or extinguished. Even though confidentiality agreements have been ...

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    J.D. Power lowers U.S. sales forecast... again
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    J.D. Power and Associates have lowered their U.S. sales light-vehicle forecast for 2008 to just 14.2 million units. This is the third time the global information services company have updated their numbers. In March, they announced that sales would not hit their initial 15.7 million estimate, ...

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    Hyundai offers scorching deal on Genesis leases
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    Click on the image above for our high-res Hyundai Genesis gallery To lure buyers towards the all-new 2009 Hyundai Genesis luxury sedan, the Korean automaker is aggressively pricing lease programs. Traditional Hyundai customers choose to lease about 10-12 percent of the time. The Genesis, ...

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    Volvo's suitor of the week: China's Chery
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    Following up on our report last month about Volvo possibly going to the Chinese, state media is now reporting that Chery Automobile, one of the largest independent and fastest growing Chinese auto manufacturers, has its eyes on the Swedish automaker. Although officials at Chery rule out the ...

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