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ELECTRIC EXOTICS? DeLorean Joins Fisker & Tesla as Scandals Continue to Emerge.

Images of raw speed, power, and Michael Schumacher hardly come to mind when one thinks of electric cars.  The market for GREEN automobiles will surely continue to reside within the Silicon Valley community, while petrol-heads & purists will continue to shake  their heads in disappointment.  Let’s face it, there aren’t many Toyota Prius posters hanging [...]

GM earnings soar 92 percent on global sales

Linda Young – AHN News Writer Detroit, MI, United States (AHN) – General Motors saw its second quarter earnings surge by 92 percent compared to the same period a year earlier. It earned $2.5 billion compared to the $1.3 billion GM earned a year earlier. The nation’s No. 1 automaker had revenue of $39.4 billion, [...]

Details for 2012 Mercedes Benz CLS got released

The Mercedes automaker has finally unveiled all details of fresh model CLS which is going to be available in local showrooms this month. The all new model is going to launch CLS 350 CDI and also the almighty AMG CLS 63. At the end of the year we are going… View full post on All [...]

Chrysler repays bail-out loans after strong sales, turnaround

Matthew Borghese – AHN News Contributor Detroit, MI, United States (AHN) – Chrysler Group LLC has repaid the American and Canadian loans it received after filing for Chapter 11 bankruptcy in April 2009. After being purchased by Italian carmaker Fiat and turning around lagging sales, on Tuesday Chrysler repaid $1.7 billion to Canada and $5.9 [...]

Chrysler will turn a profit this year, board member James Blanchard predicts

The former Michigan governor and U.S. congressman said he never thought the automaker would require a second federal rescue after he helped save it from extinction in 1979. View full post on All Stories

Volkswagen Group sees world auto sales increase by 13.9 percent

Linda Young – AHN News Writer Wolfsburg, Germany (AHN) – Germany’s largest automaker, the Volkswagen Group, on Friday reported it delivered 2.66 million vehicles worldwide from January through April of this year. That marked an increase of 13.9 percent over the first four months of 2010. That meant VW outperformed the world vehicle market by [...]

Honda Civic – The Illustrious History

Honda went on from being a popular manufacturer of motorcycles to one of the best car brands in the world. Honda became a popular name in car manufacturing after the launch of the Honda Civic in 1973. The Civic offered amazing space efficiency in a small vehicle that provided good mileage and speed. The car [...]

Analysts mixed on Chrysler outlook

On Monday, when it reports first-quarter financial results, Chrysler CEO Sergio Marchionne will reveal how much more the Auburn Hills automaker must improve to meet its goal of being profitable this year. View full post on All Stories

Ford Says $2.55 Billion First-Quarter Profit May Be Year’s Best

Ford Motor Co., the second-largest U.S. automaker, said it may not top its $2.55 billion first- quarter profit this year as costs increase. View full post on All Stories

Aston Martin Rapide Captures Design of the Year Award

The Aston Martin Rapide was named 2011 World Car Design of the Year at the New York International Auto Show last Thursday (local time). Introduced in May 2010, the four-door sports sedan by the British luxury automaker measures over five meters long and carries a price tag of nearly 140,00… View full post on All [...]