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Automotive News (Page 1109)

Automotive News

This section of Torque News provides the latest auto news and updates from the car manufacturers. Every day number of news stories and editorials are published here that give our readers an overview of what is happening in the automotive industry. Read this section daily to find out about new cars, vehicle reviews and car pictures. Torque News is an automotive news website by Hareyan Publishing, LLC, dedicated to covering the latest news, reviews and opinions about the car industry.

Toyota offering buyout options for US employees
By Patrick Rall on February 1, 2011 - 5:48PM
Today, Toyota Motor Sales U.S.A sent a letter to their 6,100 headquarters employees stating that they are offering contract buyouts for any company workers who are interested in leaving with a handsome severance package.
Camaro comfortably outsells Mustang, Challenger in January 2011
By Patrick Rall on February 1, 2011 - 5:08PM
January certainly isn’t the ideal sales month for the Big 3’s rear wheel drive muscle cars, but the Camaro managed to outsell the Ford Mustang and Dodge Challenger even though the high performance Chevy saw an 11% drop in sales compared to January last year.
Chevrolet Volt stomps Nissan Leaf in first month of 2011
By Patrick Rall on February 1, 2011 - 4:39PM
Sales numbers from around the industry for January 2011 are trickling in as the year of the electric car begins and in the first month, the 2011 Chevrolet Volt outsold the 2011 Nissan Leaf by a ratio of over 3.5 to 1.
GMC sends US military and their families to the NFL Pro Bowl
By Patrick Rall on February 1, 2011 - 3:38PM
The NFL Pro Bowl is held every year in beautiful Honolulu Hawaii and this year, GMC offered 400 tickets to the men and women of the US armed forces to bring their families out to enjoy the National Football Leagues annual all-star event.
Bonham Features Cars of 60s Icons Kennedy and Lennon
By Keith Griffin on February 1, 2011 - 1:50PM
The Bonham Important Motor Cars and Fine Automobilia at the Grand Palais in Paris this Saturday features two cars tied to ‘60s icons Jackie Kennedy Onassis and John Lennon.
General Motors to provide Texas-built SUVs for Super Bowl XLV
By Patrick Rall on February 1, 2011 - 12:45PM
General Motors’ GMC division is the official automotive sponsor of the NFL and for the super-active week leading up to Super Bowl XLV in the Dallas-Fort Worth area, General Motors will provide locally built GMC Yukon and Cadillac Escalade models as courtesy vehicles for league and team officials.
Hedge fund lawsuit against Porsche dismissal appealed
By Patrick Rall on February 1, 2011 - 11:39AM
In late December, a US District Judge in New York dismissed the multi-billion dollar lawsuit filed by Black Diamond Offshore and Elliott Associates LP against Porsche for the investing impact felt by their failed attempt to buy up a massive chunk of Volkswagen and not surprisingly, that dismissal has been appealed by Black Diamond and Elliot on the behalf of their 39 plaintiffs.
GM stock tepid after January sales rise 23-percent
By Frank Sherosky on February 1, 2011 - 11:32AM
General Motors dealers in the United States reported 178,896 total sales in January, a 23-percent increase from a year ago for the company’s four brands.
Volt increasing traffic onto Chevy dealer showroom floors
By Frank Sherosky on February 1, 2011 - 10:43AM
Even before Chevrolet Volts arrive at dealerships, showroom and web traffic has increased.
Global markets still lacking a global automotive ETF
By Frank Sherosky on January 31, 2011 - 8:27PM
Exchange Traded Funds (ETF) cover just about every industry and sector except the one that is growing by leaps and bounds in emerging markets - the global auto industry.
Production begins for the 2011 Camaro Convertible
By Patrick Rall on January 31, 2011 - 3:44PM
Today in General Motors’ Oshawa Assembly Plant in Canada, production of the new 2011 Chevrolet Camaro Convertible began and NASCAR legends Rick Hendrick and Dale Earnhardt Jr. were on hand for the momentous occasion.
Kiplinger Announces Best in Class Vehicles for 2011
By Keith Griffin on January 31, 2011 - 3:05PM
Kiplinger has announced its Best in Class new vehicles for 2011 and only one domestic vehicle is in the mix.
Chrysler announces bonuses for American and Canadian workers
By Patrick Rall on January 31, 2011 - 2:35PM
Chrysler has announced that they will be issuing performance bonuses for many American and Canadian employees with hourly workers getting around $750 as soon as next week.
2011 Philadelphia Auto Show attendance rises for opening weekend
By Frank Sherosky on January 31, 2011 - 1:40PM
The 2011 Phildelphia Auto Show is showing an upward attendance growth trend like the Detroit Auto Show, with a rise in attendance of 28.4% thus far.
The 2012 Shelby Cobra 50th Anniversary Edition sells out
By Patrick Rall on January 31, 2011 - 1:16PM
Earlier this month, Shelby American announced that they would be producing a special set of limited edition modern Shelby Cobra roadsters to commemorate the 50th anniversary and today, Shelby announced that these 50 new Cobras sold out in less than 48 hours after going on sale.
Half of States May Offer Electric Vehicle Benefits
By Keith Griffin on January 31, 2011 - 11:56AM
Up to half of the 50 states may provide benefits to owners of electric vehicles not available to those who drive internal combustion vehicles.
GM stock following mood of Friday's general market selloff
By Frank Sherosky on January 31, 2011 - 10:54AM
Despite the rebound move just before the State of the Union Address, General Motors (NYSE: GM) is showing weakness from Friday's close, even after the first hour of Monday morning trading.
Ram brand unveils their plug-in electric hybrid at the DC Auto Show
By Patrick Rall on January 31, 2011 - 10:47AM
Almost a year ago, the Chrysler Group announced that their Ram brand (then Dodge Ram trucks) would be offering a small fleet of plug-in electric hybrid (PHEV) trucks using the popular 5.7L Hemi and at the Washington DC Auto Show, the new Ram Hybrid made its formal debut.
Jordin Sparks Brings Anti-Texting Campaign to Super Bowl
By Keith Griffin on January 31, 2011 - 10:07AM
Jordin Sparks and Allstate are bringing the "X the TXT: DSGN8 Before You Drive" anti-texting campaign to the Jordin Sparks Experience, an annual gala for Sparks Charities held just before the Super Bowl.
Mazda will build a Mazda5-based vehicle for Nissan
By Patrick Rall on January 31, 2011 - 10:02AM
Mazda has announced that they will be producing a version of their popular Mazda5 to be rebadged and sold as a Nissan starting in May but the two automakers only intend to sell this Mazda-built Nissan compact minivan in Japan.
January New Car Sales Show Strong Growth
By Keith Griffin on January 31, 2011 - 7:51AM
Edmunds.com is predicting that January sales figures will reveal strong growth in new car sales compared to January 2010 with a strong indication that 2011 could see 12.5 million light vehicle sales.
Three Mercedes B-Class F-Cells To Circumnavigate the Globe.
By Keith Griffin on January 30, 2011 - 9:24PM
Just in time for the 125th birthday of the automobile, three Mercedes B-class F-cells are off on a journey to circumnavigate the globe.
Egypt unrest could topple its auto industry relations
By Frank Sherosky on January 30, 2011 - 12:59PM
As the Egyptian nation finds itself in the throes of civil unrest, the investors in their auto industry watch with great angst how Mubarak handles the situation.
Cella Energy achievement may make hydrogen fill-up a reality
By Frank Sherosky on January 29, 2011 - 8:04PM
Cella Energy Ltd. just may have leaped over one of the major barriers to the widespread adoption of safe, low-cost storage hydrogen for automobiles and trucks.
Carl Benz invented automobile this day 125 years ago
By Frank Sherosky on January 29, 2011 - 12:15AM
It was 125 years ago today, Carl Benz taught the world to play, as he filed an application in Berlin for a patent on his three-wheeled motor car.
BMW announces information on their new turbocharged 4-cylinder
By Patrick Rall on January 28, 2011 - 6:36PM
We have known for some time that BMW would be introducing a turbocharged 4-cylinder in the US market and today, the automaker has revealed some official specs on the new turbo 4.
Ferrari unveils their newest race car – the Ferrari F150
By Patrick Rall on January 28, 2011 - 5:38PM
To the average American car buyer, the name F150 is most commonly associated with the bestselling half-ton pickup from Ford but as of today, the racing world connects the name to the newest Formula 1 race car from Team Ferrari.
Nissan Passed Honda in Total Global Sales
By Keith Griffin on January 28, 2011 - 5:21PM
Thanks to a strong presence in China, Nissan has passed Honda in total global sales.
Lamborghini unveils the new Gallardo LP 560-4 Bicolore
By Patrick Rall on January 28, 2011 - 2:43PM
Lamborghini has used this week’s Qatar Motor Show to unveil the newest limited edition package for the Gallardo – the LP 560-4 Bicolore.
Auto Dealers Resist Plan To Pay Plug-in Hybrid Tax Credit
By Keith Griffin on January 28, 2011 - 2:02PM
Members of the National Auto Dealers Association are resistant to a White House plan to have dealers pay the plug-in hybrid tax credit directly to consumers.
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