Ford Posts $2.1 Billion...

Ford posts $2.1 billion profit, sends really big “Thank You” baskets to Chrysler, GM. [ NYT ] More » Read the original post:  Ford Posts $2.1 Billion Profit, Sends "Thank You" Baskets To Chrysler, GM...

Updated: Ed Whitacre to...

General Motors chairman and interim CEO Ed Whitacre has announced his appointment as CEO for keeps. Whitacre took the position on an interim basis on December 1 when Fritz Henderson was ousted. He has been performing his duties as chairman while playing the part of CEO during the...

More Cars Junked Than S...

According to a report by the Earth Policy Institute , roughly 14 million cars in the US were scrapped during 2009, while only 10 million were sold. Why? It wasn’t Cash for Clunkers . Cash for Clunkers saw 700,000 old, mostly shitty cars traded in for shiny new ones, but it...

Today’s Dilbert A...

Yesterday was going as planned with pre-LA Auto Show news trickling out until BAM! GM announces President and CEO Fritz Henderson was resigning ( fired !) and other-old-white-guy Ed Whitacre would take his place in the interim. Today’s Dilbert skewers everyone involved. Go here...

VW Wants To Make Up! (L...

This is the VW UP ! Lite concept, debuting moments ago at the LA Auto Show . It’s a four-seat, front-wheel-drive, diesel-electric hybrid with 70MPG fuel economy. While it’s not production-intent, Ze Germans have announced plans for an ultra-efficient compact by 2011. The UP!...

Toyota Talks Recall, Te...

In a press briefing held yesterday at the fancy-pants Detroit Athletic Club, Toyota Group Vice President and General Manager Bob Carter talked plans for ten new products for the 2010 calendar year, the fiery death floor mat recall and competition. Those new products will include the...

Toyota will make no mon...

Many are still a bit skeptical about the new $375,000 Lexus LFA (seeing as it is Lexus’ first supercar with such an expensive price tag). Well, if it makes you feel any better about cashing out $375,000 for a Lexus, Toyota won’t be making any money on the 500 units it plans...

Fiat 500 Abarth coming ...

According to a report by WardsAuto , Chrysler Group LLC dealers have been told that their first batch of Fiat 500 minicars due to hit showrooms in 2011, will be sporty Abarth versions. That means instead of the boring base 99-hp Fiat 500, we’ll be getting the 1.4L 16v turbocharged...

Lingenfelter turns 2010...

We absolutely love the new 2010 Chevrolet Camaro and we respect the old Pontiac Trans Am as a true American sports car. However, you will never catch us transforming a perfectly good 2010 Camaro to pay tribute to the Pontiac Trans Am. Well, Lingenfelter seems to disagree. At the 2009...

Tesla Roadster goes 313...

If you’re one of the 900 Tesla Roadster owners out there you have to live with a very hard choice – you can either drive efficiently and show off how many miles you traveled on a single charge or you can throw the efficiency part out of the window and show off how you can go...