52 Articles
Sep 24, 2008
House passes $25 billion loan for domestic automakers

The U.S. House of Representatives passed a bill this afternoon approving a $25 billion low-interest loan for domestic automakers. The bill passed with an overwhelming majority – 370 to 58 – and is on its way to the Senate for a vote on Friday before the White House gets the opportunity to lay pen to paper on March 6, 2009. The rates and rules of the loan are required to be spelled-out by the U.S. Department of Energy within 60 days of the bill becoming law, but automakers could be al

Damon Lavrinc
Sep 24, 2008
Behold! 2010 Ford Mustang thrones revealed

The 2010 Ford Mustang teasers continue, with a darkened shot of the new 'Stang's seats and center console. The new thrones look mighty inviting, with a nice amount of padding and some American-friendly bolsters. The center console appears to be a little taller tha

Damon Lavrinc
Sep 24, 2008
Daimler may sell remaining Chrysler stake to Cerberus

Both Cerberus and Daimler have announced plans for the German automaker to sell the remaining 19.9-percent stake in Chrysler to the private equity firm. According to reports coming out of Germany, that relatively small stake in the American automaker is still weighing down Daimler's stock price. Perhaps the Germans aren't so sure that Chrysler's new electric vehicles will ever see the light of day? In any case, both sides suggest that all the rest of the two company's relationships would continu

Jeremy Korzeniewski
Sep 24, 2008
Toyota Sustainable Mobility Seminar morning sessions: the bad news

As we gathered sleepily in the conference rooms early in the morning, host John Hanson said that Toyota's hope with this one-day seminar was to present the complexity of the sustainability mobility situation and to highlight the challenges that the world is dealing with. The solution is not just the cleaner-than-they-used-to-be four-wheeled vehicles that Toyota is building, but also its partnerships and transportation alternatives, a reduction in how much energy and resource we use, better regul

Sebastian Blanco
Sep 24, 2008
Corvette ZR1 dyno'd at 535 rwhp

It always happens this way. Shortly after a new performance car is released to the public, it will find its way to a dyno shortly thereafter. When that new vehicle is the new performance king of the automotive world, aka the 2009 Corvette ZR1, our collective interest is piqued. So, how does it fare on the rollers? Two separate 'Vettes were tested, and the average output was about 535 horsepower at the rear

Jeremy Korzeniewski
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