by Ken Zino | Sep 8, 2009
The Koenigsegg Group has secured the additional financing needed to complete the acquisition of Saab Automobiles from the General Motors Corporation, insiders close to the deal told TheDetroitBureau.com today. Tomorrow morning in Europe Koenigsegg will issue a...
by Paul A. Eisenstein | Sep 8, 2009
Ford Motor Co. is ready to roll out the first diesel engine it has developed entirely in-house, a quiet, technically-sophisticated and high-mileage “oil-burner” that will replace the old Power Stroke diesel had been outsourcing. The new 6.7-liter V8 will appear in...
by Ken Zino | Sep 8, 2009
Yesterday, during a Labor Day speech at an AFL-CIO picnic in Cincinnati, President Obama announced that Ron Bloom would serve as the Administration’s Senior Counselor for Manufacturing Policy. Bloom also retains his role as Senior Advisor to the Secretary of the...
by Ken Zino | Sep 8, 2009
Reva Electric Car Company (REVA) will be unveiling two new M1 classified electric cars at the 63rd Frankfurt International Motor Show (IAA). The NXR is a four-seat, three-door hatchback that is claims is suitable for urban driving. It can be ordered at the show, with...
by Joseph Szczesny | Sep 8, 2009
Ford Motor Co. got some good news last week as Moody’s Investor Service raised its rating of the company’s corporate debt for the first time in 14 years. However, Moody’s continues to rate Ford as junk, or below investment grade, but changed the “Corporate...
by Paul A. Eisenstein | Sep 8, 2009
Memories have a way of making things seem a little more rosy than they were. That’s especially true when it comes to the cars we used to drive. We often forget all the times we were stuck by the side of the road waiting for a tow truck for our old Volkswagen Beetle....
by Paul A. Eisenstein | Sep 8, 2009
Put your finger over that oval badge in the center of the grille and you just might not believe this is a Lexus, but, in fact, the LF-Ch is the latest concept from Toyota’s high-line brand, and it will be making its debut at the 2009 Frankfurt Motor Show, next week....
by Paul A. Eisenstein | Sep 8, 2009
For more than a year, now, the global auto industry has seemed to be stuck in reverse, but there are some telling signs manufacturers may be ready to shift back into drive – including Toyota’s decision to hire 800 contract workers in Japan, its first big job increase...
by Ken Zino | Sep 4, 2009
The original Ford European Turnaround Plan earlier in the decade involved building on the success of the Focus as the over due replacement for an aging Escort. Focus was and is a global success. Encouraged that Ford could finally stop its billion dollar losses and...
by Paul A. Eisenstein | Sep 4, 2009
If recent sales numbers are any indication, Chrysler Group LLC has some serious challenges ahead of it as its foreign master, Fiat, struggles to turn the U.S. carmaker into a profit-making entity. At least Chrysler won’t have to report the $10.2 billion in losses...
by Mike Davis | Sep 4, 2009
Today’s cars come so well equipped, and factory-priced accordingly, that the auto accessory market has dwindled hugely compared to what it Yoostabee (used to be). So today, Yoostabee, my alter ego, is going to turn back the calendar, a few decades, to the 1940s, and...
by Marty Bernstein | Sep 4, 2009
Lexus Continues Sponsorship of US Open Men’s Singles: Will Federer Win? Every sport has its championship event, in tennis that event is the US Open, the biggest spectator event in the world and the fourth and final Grand Slam event. For five years Lexus has been the...
