Automotive News

Saab wings clipped, files for bankruptcy after 65-year lifespan

Saab, the 65-year-old carmaker whose motto was “made from jets,” has now been jettisoned into bankruptcy courts, ending a two-year quest to save the troubled Swedish manufacturer. The decision was made, according to a report in the Irish Times newspaper other media outlets, after its former owner General Motors blocked the latest takeover attempts by Chinese investors. Saab had been in discussions with several potential investors over the last two years. But the deals have fell through. Chinese suitor, Zhejiang Youngman Lotus Automobile had its proposal rejected late last week. Saab chief executive Victor Muller, who handed in the bankruptcy application to a court in Sweden yesterday, described the latest General Motors decision as “the last nail in the coffin

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Toyota Prius 2012: Prices announced for five models

The Toyota Prius has increasing competition in the hybrid car segment. But as the most successful green car in history, Toyota has now announced pricing for the 2012 Prius liftback while the MSRP for three new Prius family members, the Prius v, Prius Plug-in Hybrid and Prius c, are still pending. The Prius Liftback will be priced from $24,000 (Prius Two) to $29,805 (Prius Five), reflecting a price increase ranging from 2.0 percent to 4.3 percent. The 2012 model year Prius receives a refreshed front fascia, revised tail lamps, newly styled 15-inch wheel covers and LED Daytime Running Lights (DRL) with on/off feature. The 2012 Prius interior is updated to include a standard 6.1-inch Display Audio system with USB for

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Toyota RAV4: Prices set for Sport Utility Vehicle's three 2012 models

The 2012 Toyota RAV4 sport utility vehicle, offered in RAV4 grade, Sport and Limited editions, will have a price price from $22,650 to $28,650 and will begin arriving a dealerships Dec. 20, the carmaker announced. With its three grades, the RAV4 is available with a 2.5-liter four-cylinder engine or a 269 horsepower 3.5-liter V6. Each engine can be teamed with either front-wheel drive or electronic on-demand four-wheel-drive. The roomy RAV4 offers optional third-row seating on RAV4 and Limited grade models. The 2012 RAV4 receives an overall price increase of $100, or 0.4 percent, with some models receiving a price decrease. The base MSRP will range from $22,650 for the RAV4 four-cylinder 2WD model with a four-speed automatic transmission to $28,650

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Fiat 500 receives low NHTSA crash safety rating

The 2012 Fiat 500, the rekindled iconic Italian sub-compact that reappeared in the U.S. market earlier this year, has been shunned by the National Highway Traffic Safety Administration (NHTSA) with only a three-star rating for crash safety — a rare low mark. The little two-door Fiat 500 scored four stars in both the frontal and rollover crash tests, but its lowly mark occurred in the side impact crash test. After faring well in the side barrier rating part of the side crash test, scoring five stars, the Fiat 500’s limited rear protection was only two stars out of a possible five for protecting a female rear seat passenger seated behind the driver in a 35-40 mph side-impact crash. The only

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National Transportation Safety Board decree: ban cellphones, texting while driving

The annoying, unsafe and rampant use of cellphones and text messaging among drivers could finally become illegal with the exception of emergency situations. The National Transportation Safety Board (NTSB), via its group of accident investigators, has called for a nationwide ban on any non-emergency mobile phone calls texting while driving. The use of texting while driving is nearly exponentially increasing, with some surveys detailing that half of all young drivers text while driving. The NTSB in the past decade has increasingly proposed to limit the use of portable devices among drivers. Its latest recommendation is its most far-reaching proposal. In past recommendations, the NTBS has sought similar bans for novice drivers, school bus drivers and commercial truckers. The new recommendation,

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Ford Ranger soon to join expanding deceased ranks

Another longstanding American vehicle is about to end its legacy. Ford has announced it will stop producing the Ranger this month — marking the end of the manufacturer's small line of pick-up trucks. The last Ford Ranger for the U.S. market is expected to roll off the line by Dec. 19. It's estimated about 800 Rangers are still in circulation and that more than 6.6 million sold in the truck's 29-year tenure. Ford will abandon a segment it led for 18 years until 2005, when it fell behind the Toyota Tacoma. "We've got a tremendous heritage and history with Ranger," said Doug Scott, Ford's truck marketing manager. "The product has been very good and was true to the Built Ford

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Ford recalls Fusion, Milan models with potential faulty wheel woes

Ford has recalled about 129,000 Ford Fusion and Mercury Milan sedans from model years 2010 and 2011 and equipped with 17-wheels because the vehichles' whel studs could fracture and potentially fall off. The issue, as reported by Ford and on the website of the National Highway Traffic and Safety Administration (HHTSA) may be caused by steel wheel mounting pads or rear brake discs that have been incorrectly built and can't properly support the wheel. In cases through September, one car's front wheel fell off and five cars' rear wheel dropped off, according to Ford and likely because of the stud issue. The recalled vehicles were built at the Hermosillo stamping and assembly plant in Mexico from April 2009 and from

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Bugatti Veyron remains world’s most expensive car in 2012

The Bugatti Veyron Supersport, the exclusive and elusive French-made supercar, remains the world’s most expensive car in 2012, according to the new report on Forbes.com. The mid-engined grand touring car is the fastest road-legal production car in the world, with a top speed 268 mph. Bugatti is designed and developed by Volkswagen Group (based on the Bentley Hunaudieres concept) and produced by Bugatti Automobiles SAS in Château Saint Jean in Molsheim, France). Here are some facts & figures about the Bugatti Veyron Supersport: Manufacturer: Bugatti Automobiles and Volkswagen Group (parent company); Production: 2010-present (Super Sport); Assembly: Molsheim, France; Body style     Standard: 2-door coupé; Layout: Longitudinal mid-engine,permanent all-wheel drive; Engine: 8-liter, W16 quad-turbocharged, 1,184 horsepower; Transmission: 7-speed DSG sequential; Wheelbase,

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Hyundai soars again with 2011 North American record sales for brand, Elantra

The near-exponential growth of Hyundai has become even more impressive as the South Korean manufacturer has reached 600,000 annual sales for the first time, while its most popular style, the Elantra, has also sold in record numbers. According to the carmaker, 261,331 Elantras have been sold in North American in 2011, compared to 151,735 in 2010 — a 43 percent increase. Hyundai has achieved sales year-over-year gains for 35 consecutive months. “Elantra has been an absolute phenomenon in the compact car segment,” says John Krafcik, Hyundai Motors America President and CEO. “In November, Elantra retail sales were up 37 percent, in spite of significant competition from all-new entries such as the Chevy Cruze, Ford Focus and Honda Civic.” All 2011

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GM will buy back your Chevy Volt — on fire or not

General Motors, in a unique automotive industry maneuver, announced it will buy back Chevy Volts from customers who are unsatisfied, But the automaker insists its hybrid vehicles are safe if the battery is powered down according to proper safety procedures after a serious crash. The offer is unusual since the National Highway Traffic Safety Administration (NHTSA) hasn't issued a recall after the recent fire and smoke that occurred in Chevy Volt battery testing and prompted NHTSA to open and investigation General Motors had earlier offered a loaner car to owners concerned with the investigation — an offer that only 34 of the 6,142 Volt owners have accepted, according to Chevrolet. Customers who want to participate in the buy-back program should

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Honda, Acura expand exploding airbag recall, total now 876,000 cars

The continuing dilemma of possible rupturing airbags has prompted American Honda Co., to recall another 273,000 Honda and Acura vehicles from 2001 to 2003 and thus pushing the total current recall to 876,000 cars. Honda said the additional recall is because the airbag could potentially explode causing injury or death. In a notice on its website, Honda wrote: "Affected driver's airbag inflators may deploy with too much pressure, which can cause the inflator casing to rupture and could result in injury or fatality." "Because Honda is unable to determine the specific vehicles that may have received the affected service parts through existing information, Honda will inspect an additional approximately 603,000 vehicles and replace those parts as necessary." The expanded recall

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Lexus GS 350, 2013: New design, new technology

The 2013 Lexus GS 350, unveiled this summer at the Concours d’Elegance in Pebble Beach, Calif., and on display for the first time to the general public at the recent Los Angeles Auto Show, will arrive at dealerships in February 2012 amid vast national media campaigns. The 2013 Lexus GS 350 will be featured in the carmaker's first Super Bowl commercial followed by its affiliation as the Official Automotive Marketing Partner of the Sports Illustrated swimsuit issue. The fourth-generation 350 GS will feature the new Lexus design, including the manufacturer's signature Lexus spindle grille, as well as a 3.5-liter, 306 horsepower V6 engine rated in the standard 0-60 mph test in 5.7 seconds. Cabin materials include three types of wood

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Toyota unveils new sports car, no name yet for U.S. version

Toyota and Subaru have jointly debuted a new compact sports coupe with hopes of rekindling sportiness to the manufacturer's maligned reputation in Japan and the United States. The car is called the Hachiroku in Japan, which means 86. However, the name of the car for the United States market, has not been released. According to a report in the Wall Street Journal, the new car is reminiscent of the Toyota models Corolla Levin and Toyota Sprinter Trueno introduced in 1983. Toyota and Fuji Heavy Industries Ltd., maker of Subaru-brand vehicles, hope the four-seat, rear-wheel-drive will attract young customers. The Hachiroku will make its public debut Dec. 3-11 at the Tokyo Motor Show. James RaiaA sports, travel and business journalist for

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Best all-time gas mileage equivalent among electric cars

With gas, hybrid, electric and now natural gas vehicles all vying for better gas mileages averages and the marketing of fuel efficiency among manufacturers at its peak, it's hard to keep track of what carmakers top the list. Pure electric cars, of course, top the list. But what might come as a surprise, it's not all current models that make the all-time list of best gas mileage average among electric cars — at least dating to 1984. Here are the top-10 Electric cars gas mileage average (electric equivalent), 1984-2012, with vehicle model, configuration and mpg combined/city/highway: 1. Mitsubishi i-MiEV (2012), 112/126/99 2. Nissan Leaf (2011–12), 99/106/92 3. MINI Mini E (2008), 98/102/94 4. smart fortwo electric drive cabriolet, coupe, (2011),

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One Chevy Volt burns, another smokes, NHTSA starts probe

Following problems while under close monitoring by the National Highway Traffic Safety Administration (NHTSA), the U.S. Government has started a safety defect investigation of the lithium-ion batteries in General Motors Co.’s Chevrolet Volt. The probe began after one Chevy Volt battery pack caught fire after a crash test. Another crash-tested battery emitted smoke and sparks, according to the NHTSA report. General Motors responded in a statement that the Volt “is safe and does not present undue risk as part of normal operation or immediately after a severe crash.” The latest fires are in addition to a battery fire in a crash-tested Volt six months ago. NHTSA learned of a possible fire risk involving damaged Volt batteries when a fire erupted

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Tata Nano, 2012: World's cheapest car now luxury sub-compact

The Tata Nano has had a tumultuous four-year tenure. It was nicknamed the "World's Cheapest Car," soon after it debut in India. Its quality and reliability have been questioned, but it has also provided a lot transportation for commuters and families in India who otherwise wouldn't have a car. Now, the Tata Nano is going luxury. The 2012 Tata Nano offers an increase in horsepower, more standard features and improved economy — 59.7 mpg. The new Tata Nano features still has a .6-liter, rear-mounted engine and rear-wheel drive transmission. But it now has 50 horsepower, four horsepower more than the original. Torque has also increased from 35.4 ft-pounds to 37.0 ft-pounds. The improved mpg is more than four mpg better

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