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General Motors deposits $4 billion into pension fund

General Motors has announced that they will deposit $4 billion of the proceeds from their recent Initial Public Offering (IPO) to help their pension fund climb partially out of its $17 billion deficit.

The Ferrari 458 Challenge debuts at the 2010 Bologna Motor Show

The Ferrari 458 Italia has become a popular installation in the lineup of the Italian automaker and helping to secure its place in high performance Ferrari history, the company has unveiled the 458 Challenge at the 2010 Bologna Motor Show.

The 2012 Nissan GT-R goes 0-60 in 2.9 seconds

Nissan introduced the 2012 GT-R at the 2010 LA Auto Show, packing 45 more horsepower and a handful of subtle physical refinements but today they announced even bigger news – the 2012 GT-R can rip from 0-60mph in just 2.9 seconds.

The Camaro leads the Mustang, Challenger in November sales

Thanks to the folks at Dodge, the modern horsepower war is about to heat up even more with the 470hp Challenger SRT8 392 but for now, the Chevy Camaro claims to the top spot in the muscle car class.

General Motors leads the US market in November 2010 sales

General Motors had a strong showing in November 2010, with all four of their existing brands showing year over year growth along with the company selling more vehicles than any other automaker in the US market.
General Motors

Ford forges ahead in November, leads everyone in sales

November 2010 was a good month for the Ford Motor Company, with their two existing brands both showing year over year growth and the Ford brand taking the honors of the best-selling brand in America.
Ford Sales

Ram and Jeep brands lead the pack for Chrysler in November

Chrysler’s Ram and Jeep brands were tops in the American auto industry last month in terms of growth over last year, helping the Chrysler Group to show a 17% improvement over November 2009.

Lincoln Snags a Top Designer from Cadillac

Any doubts about Lincoln’s designs have been all but erased with its poaching of Cadillac’s exterior design director Max Wolff, who played a major role in executing the popular CTS-V.
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