TranStar announces 2,000hp Dagger GT

Taking its shot at the mighty Bugatti Veyron, TranStar has announced its own supercar -- the 2,000 horsepower Dagger GT.

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Refreshed Smart Fortwo debuts

Smart will launch a revised version of its Fortwo featuring new engines and revised styling later this year in Europe.

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Mercedes-Benz breaks June record

Despite generally lackluster sales across the industry, Mercedes-Benz continues to see strong global demand.

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General Motors seeking $5B credit line

Citing economic downturn, GM has openly begun searching for private funding from banks to the tune of $5 billion.

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Spyker completes Saab purchase

Spyker has made a final $24 million payment to General Motors in order to take full control of Saab.

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Ford Kuga gets new engines, PowerShift

Ford's Kuga will offer a pair of revised diesel engines, as well as a new PowerShift dual-clutch automatic transmission for 2011.

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Calif. Trans. Dept. paints over 9/11 tribute

Just before Americans prepared to celebrate July 4th, Caltrans painted over an eight-year old American flag mural painted as a tribute to 9/11 victims. [Video]

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Bugatti announces 268mph Veyron Super Sport

For those seeking the world's fastest production car, Bugatti has announced it's latest Veyron model -- the 1,200 horsepower Super Sport.

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Summer stop: Alfa Romeo's 100th Anniversary

Alfa Romeo celebrated its 100th birthday party in grand style in its hometown of Milan, Italy.

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Mitsubishi lands Toshiba deal for batteries

Toshiba can add another automaker to its list of clients, Mitsubishi, following its earlier deal with Ford Motor Company to build electric drive motors.

Posted 5389d ago

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GM execs receive $6.66M in company shares

Following a previous report, an SEC filing has revealed that GM's top 14 executives have received $6.66 million in company shares.

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Mazda targeting 30,000 Mazda5 sales

Taking on the heavy hitters in the segment, Mazda has announced its plans to sell up to 30,000 units annually of its new Mazda5 minivan in the U.S.

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GM's China sales surpass U.S. for first time

For the first time in General Motor's history, the sales in China has surpassed that of those in the U.S. for the first half of the year.

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Lexus to recall 138,000 models over faulty engines

Lexus has announced that it has notified NHTSA of its intention to file a Defect Information Report concerning 138,000 Lexus vehicles with faulty engines.

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Car for the blind to bow next year

Although widely considered impossible, the National Federation of the Blind and Virginia Tech are currently developing vehicle technology that could allow blind people to drive in the future.

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Audi on pace for 220,000 China sales in 2010

Audi AG says that it has delivered a record 109,887 cars in China during the first half of the year - setting a blistering pace for the year.

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First Drive: 2011 Shelby GT350 [Review]

Shelby's reborn GT350 isn't cheap, but it does offer an impressive level of high-performance driving refinement.

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NHTSA probes BMW Z4, Mazda3 over steering issues

The BMW Z4 and Mazda3 are widely regarded as well-handling vehicles, but the NHTSA has launched a new investigation involving the cars' steering systems.

Posted 5389d ago

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