Several high-ranking executives from Alfa Romeo were keen to see how the launch of the new MiTo materialized. While they were there, we had the chance to talk with one of Alfa's top marketing officers over dinner and discuss the latest news churned out of the rumormill concerning upcoming products from Alfa and its sister-brand Abarth.
Rumors of a new sports car from Abarth have been circulating for months, and although details are still sketchy, one thing's for sure: a mid-mounted engine is part of the package. Autocar is confirming previous rumors that Fiat's sport division has struck a deal with Lotus to use the next Elise as the basis for the new sports car.
Following the lead set by Chrysler Financial in the United States, GM Canada has announced that it will no longer offer leases through its GMAC Financial arm. While Chrysler LLC has not officially cut out lease deals in Canada, dealers up north report that the rates being offered to them are far too high to be feasible. GMAC spokeswoman Gina Proia told Jeremy Korzeniewski
Sources out of Japan suggest that Mitsubishi is considering offering a jacked-up version of the Lancer Sportback to international markets in 2010. The new model would come equipped with a higher ride height, a restyled fascia and protective body panels similar to those found on the old Subaru Outback and Audi Allroad.
Unwilling to recognize when genug is enough, Max Mosley is forging ahead with more lawsuits. After being awarded a £60,000 judgment (plus an additional estimated £1 million in expenses) against News of the World, the tabloid that broke the story of the FIA president's alleged sexual activities, Mosley is now launching a second lawsuit against the publishers. Whereas the
It had seemed like the Swiss-born psycho-looking three wheeler from Cree had died in 2003 when the company closed its doors but now comes word that the "SAM" project has been adopted by a Polish company and may be rolling out of factory doors soon. Just like Steve Austin, after the crash and burn, the SAM is coming back stronger, faster, and with a bionic eye lithium-polymer batteries for a longer range. Impact Automotive Technologies (Domenick Yoney
While Chrysler has chosen to get out of the leasing business altogether after taking a bath on vehicles being returned with residual values far below expectations, Ford will reportedly be taking a different approach. Automotive News is reporting that after its finance arm recorded "extreme losses" on its lease vehicles, the automaker has decided to raise prices on its leases for the F-150, Super
With the high cost of gasoline driving car buyers from big trucks and SUVs into smaller vehicles, the topic of safety has frequently been raised, as many consumers are wondering if smaller vehicles can offer them as much protection as their previous "enormo-sleds" in the event of a crash.Well, as it turns out, according to a recent study by the Insurance Institute for Highway Safety (IIHS), side i
