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.

WD-40/SEMA Cares 2011 Ford Mustang GT raises $200k

The WD-40/SEMA Cares 2011 Ford Mustang GT customized by a wide variety of aftermarket specialty companies made its grand debut at the 2010 SEMA Show in Las Vegas and late last month, the bright blue and yellow customized Mustang rolled off the stage at the Barrett Jackson Auto Auction after raising over $200,000 for children’s charities.

The personal cars of recent Presidents may surprise you

Many of you may know our current President Barack Obama was driving a Chrysler 300C when he became a candidate in 2008. However his stance on alternative fuels lead him to trade that car in for a Ford Escape Hybrid.

Interestingly, Howard Taft, the first President to drive a horseless carriage tooled about in an Electric Baker, now owned by Jay Leno, 100 years ago.

It seems we have nearly come full circle. Will the next president drive a plug-in car?

Former President George W. Bush has a Ford 250 pickup he mostly drives about his ranch in Texas.

Comerica: auto affordability improving though rates rising

The purchase and financing of an average-priced new vehicle requires 23.2 weeks of median family income in the fourth quarter of 2010, an advance in affordability of 0.5 weeks. Consumers on average spent $700 less (a 3 percent decrease) on a new car. At the same time, the financial costs of a new car increased as the average interest rate on car loans rose 0.5 percent.

Lexus to release 175 IS C350 F Sport Special Editions in 2011

When it comes to open air driving, the buyer with deep pockets has a wide array of models to choose from. Nevertheless few of them deliver the power, performance and sheer pulchritude of the IS C350 F Sport Special Edition, available this month. The 175 to be built make only about five for every U.S. city with a population over 500,000.

Toyota seeks dismissal of unintended acceleration suits

Since the first unintended acceleration lawsuit closed last year with Toyota paying out a hefty $10 million dollars, the Japanese automaker has been bracing for the impact of the class action suits based around their problematic vehicles but with the NHTSA/NASA announcement that no electronic defects were found, Toyota has requested that the class action suits be dismissed.