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Automotive News (Page 1248)

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.

Ford execs get massive stock bonuses worth over $100 million
By Patrick Rall on
Ford Motor Company has disclosed in a US Securities and Exchange Commission filing that Executive Chairman Bill Ford Jr. and Chief Executive Officer Alan Mulally recently received over $100 million in stock and stock options as part of an incentive program based on the company’s performance in 2009 and 2010.
What if 15 minutes could save you 50% on your auto loan
By Don Bain on
Remember those old Lending Tree ads who promised to get banks and other lenders to compete for your business resulting in a better rate on your mortgage? MoneyAisle.com is a new online service who says they can do the same thing for your auto loan – and that you can save a bundle on the interest built into your deal.
America is back on the road to GRIDLOCK
By Don Bain on
In the worst roadways in the country, commuters spend one month of every year in traffic. Los Angeles, for example, is the worst place to commute anywhere in the U.S. or EUROPE! Worse than Rome – worse than Paris!
Next generation biofuels to use bacteria to convert plant matter directly into isobutene
By Frank Sherosky on
U.S. Energy Secretary Steven Chu today congratulated a team of researchers at the Department's BioEnergy Science Center who have achieved yet another advance in the drive toward next generation biofuels: using bacteria to convert plant matter directly into isobutene, which can be burned in regular car engines.
Chrysler’s Ram Truck brand unveils a new minivan workhorse
By Patrick Rall on
Chrysler CEO Sergio Marchionne has repeatedly discussed the likelihood of killing off either the Chrysler Town & Country or Dodge Grand Caravan as there isn’t a need to have two similar minivans, so it came as a bit of a surprise this morning when Chrysler’s Ram brand announced that they would be offering their own minivan.
The Ferrari FF and Lamborghini Aventador LP700-4 are sold out
By Patrick Rall on
The new Ferrari FF and Lamborghini Aventador LP700-4 saw their official debut less than a week ago but already, there are reports that both of the new Italian supercars are sold out for their first model year.
TopLine Energy to build Cyclone Power Technologies steam engines
By Frank Sherosky on
Cyclone Power Technologies Inc. (Pink Sheets: CYPW) has entered into a Letter of Understanding with TopLine Energy Systems, LLC, a licensee of global manufacturing leader TopLine Automotive Engineering, Inc. to build Cyclone's award-winning external combustion engines.
Chevrolet to debut new Colorado show truck at Bangkok Motor Show
By Frank Sherosky on
Prior to the 32nd Bangkok International Motor Show in Thailand, which begins March 25, Chevrolet offered a sneak peak of the new mid-sized pickup, the Colorado.
Mitsubishi North America to get a new president/CEO
By Patrick Rall on
Mitsubishi Motors Corporation has announced that effective April 1, 2011, current President and CEO of Mitsubishi Motors North America Shinichi Kurihara will be replaced by Yoichi Yokozawa, who is currently serving as the Senior Executive Vice President of Mitsubishi North America.
Mini Countryman Earns Top Safety Pick from IIHS
By Keith Griffin on
The Insurance Institute for Highway Safety, or IIHS as it is more commonly known, has designated the Mini Countryman a “Top Safety Pick” for achieving “Good” ratings for front, side, rollover, and rear impact protection.
Chrysler’s Marchionne toasts the Fiat 500 with El Presidente Felipe Calderon
By Don Bain on
Chrysler Group CEO Sergio Marchionne marked the launch of the all-new 2012 Fiat 500 today at Los Pinos, the official residence and office of Mexico’s President Felipe Calderon.
Chevrolet Volt priced for the European market
By Patrick Rall on
Last week, we brought you the news that the Chevrolet Volt would be available in the European market even though General Motors will be offering the Opel version of the Volt with a slightly different look and today, GM announced the price for the European Chevrolet Volt.
Ford Mustang production halted due to supplier shortage
By Patrick Rall on
The past few weeks have been plagued with production stoppages due to supplier shortages magnified by the recent Magna International interior component plant fire and now even the legendary Ford Mustang has seen production stopped for this week due to unnamed supplier shortages.
Chrysler recalls 2010-2011 Jeep Wranglers for axle risks
By Patrick Rall on
The National Highway Traffic Safety Administration has announced that Chrysler is recalling certain 2010 and 2011 Jeep Wrangler due to a possible condition where the bolts fastening the axle assemblies to the chassis could come loose which can make it difficult to impossible to control the vehicle.
Horses pull a tractor trailer out of a snowy ditch
By Patrick Rall on
The internet is chock full of videos of animals dong whacky things but few compare to a recent video posted showing a team of four horses – 3 Belgian drafts and what looks to be a Clydesdale with some dirty feet – pulling a tractor trailer hooked to a large tanker-trailer out of a snowy ditch.
Chinese electric SUV begins final testing for US market
By Don Bain on
Green Automotive Company Corporation (OTC:GACR) has announced Roush Industries as the provider of vehicle engineering support as they begin the process of testing and confirming their all-electric SUV meets or exceeds all federal motor vehicle safety standards.
The 2011 Chevy Volt rocks the Nissan Leaf in February sales
By Patrick Rall on
Sales numbers are in for February 2011 and for the second month in the year of the electric car, the 2011 Chevrolet Volt has handily outsold the 2011 Nissan Leaf by a margin of over 4 to 1.
Fuel economy a factor in auto purchase for 81 percent
By Don Bain on
Depending on where you live, gas prices may have gone up as much as 50¢ a gallon over the past 6 weeks. Consequently, kbb.com reports fuel economy has become a much more important part of the criteria buyers use to select their next vehicle.
GM stock breaking below 32 level tied more to gasoline prices
By Frank Sherosky on
GM stock, despite its IPO day opening at 35 and subsequent high of 39.48, has now officially broken the 32 level intraday, well below its official initial public offering price of 33.
Toyota recalls 22000 trucks and SUVs over tire pressure risks
By Patrick Rall on
The National Highway Traffic Safety Administration has announced that Toyota Motor Company is recalling 22,000 pickup trucks and sport utility vehicles from the 2008-2011 model years because these models do not comply to Federal Motor Vehicle Safety Standards pertaining to factory-equipped tire pressure monitoring systems.
New DeTomaso Pantera could debut at the 2011 LA Auto Show
By Patrick Rall on
When the 2011 Geneva Motor Show opened last week, the world was re-introduced to the DeTomaso brand and while the new Deauville Sport Luxury Sedan is a far cry from the well-known DeTomaso Pantera, rumors suggest that a new DeTomaso sports car could debut at the 2011 LA Auto Show.
Rising Gas Prices Affect Discretionary Buying
By Keith Griffin on
The surging U.S. new car market could come to a screeching halt because of rising gas prices with a third of consumers restricting discretionary buying.
Bedwood and Parts, LLC introduces Retro Liner(TM) product
By Frank Sherosky on
Bedwood and Parts, LLC featured a display at the Detroit Autorama 2011, but should have made greater fanfare over its RetroLiner™ wood bed liner system, the company's latest truly innovative product that delivers yesteryear’s classic touch for all light trucks.
In 15 years, the center of auto production will be in China
By Don Bain on
How much the automotive industry will change over the next 15 years is the subject of a study performed by Roland Berger in Troy, CA and revealed in the Oakland Press this morning. The study sees the center of automotive production switching to China and other Asian nations, as skilled workers in the U.S. and Europe age and retire.
Moscow Female Drivers Get Extra Police Attention on March 8
By Armen Hareyan on
Women's International Day, which is celebrated worldwide on March 8, is a big deal in Russia; and Moscow's Police says it will show extra respect and attention toward female drivers.
Dodge prices the 2011 Grand Caravan, now the least expensive minivan
By Patrick Rall on
The Chrysler Group has offered up pricing of the mildly refreshed 2011 Dodge Grand Caravan and thanks to a reduction in price, the minivan that started the whole segment is now the least expensive minivan in the industry with a starting price of $23,995 for a comfortably equipped model.
Chrysler gains 13% over last year as consumers wait for 2011 models
By Patrick Rall on
The numbers from around the US automotive industry are in and the Chrysler Group is the weakest of the American automakers in terms of year over year growth (comparing February 2010 to February 2011) and even with consumers seemingly waiting for the impressive new 2011 models to reach dealerships in higher numbers, Chrysler showed a jump of 13% in sales.
Ford finishes second in sales growth for February 2011
By Patrick Rall on
Ford was not hit as hard as GM and Chrysler when the auto industry imploded in 2008 and 2009, so Ford Motor Company saw an improvement of just 14% but with the Ford brand moving over 150,000 vehicles last month, Ford was the top selling brand in the US market.
General Motors leads the industry in February sales volume, growth
By Patrick Rall on
The numbers are in for February 2011 and General Motors has claimed the top spot in the US auto industry in both sales units and growth among major automotive companies with multiple brands.
The Camaro roughs up the Mustang and Challenger in February sales
By Patrick Rall on
Sales numbers are in from February 2011 and for the second month in a row, the Chevrolet Camaro has outsold the Ford Mustang and Dodge Challenger, each by a ratio of nearly 2 to 1.
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