News Service

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Ferrari, Corvette and Tata Nano share in demand premium price status — really?

That’s a far higher percentage than premiums for Ferrari, Corvette and likely any other car. Several top-of-the-industry publications’ web sites, including Motor Trend and Drive are reporting the alarming statistics. The demand for the Nano, which costs an estimated $2,500 (depending upon the exchange of the rupee) is due to simple supply and demand — and greed. India had a lottery system for the first 100,000 Tata Nanos distributed to dealers, not all of which will be delivered to customers until the end of 2010. Estimates vary, but there were at least 100,000 willing potential buyers for the first allotment of the car. But Arif Fazulbhoy, a car salesman in Mumbai, India, said in an article in Drive that wealthy

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Chrysler, other automakers on the offensive with return to Super Bowl

In addition to Chrysler, Hyundai, Bridgestone GoDaddy.com, Anheuser-Busch, Cars.com, Honda and Audi have all purchased commercial time during the Feb. 7 game schedule in Miami, Fla. Chrysler will showcase its Dodge brand in a 60-second ad in the first half of the game. Chrysler spokeswoman Dianna Gutierrez said the company wants to let Americans know it has emerged from bankruptcy protection. Italian automaker Fiat took control of Chrysler after it emerged from Chapter 11 reorganization in June. Chrysler LLC received about $15.5 billion in U.S. government aid. The government owns nearly 10 percent of the company. James RaiaA sports, travel and business journalist for more than 45 years, James has written the new car review column The Weekly Driver since

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China zooms past U.S. in yearly auto sales in 2009, an industry first

China’s target sales for 2009 was 1o million units. The 2009 annual sales in United States was 10.4 million cars and light trucks. It was in lowest level in the U.S. in 27 years. The Chinese tally also included 650,000 in large trucks sales. According to automotive analysts in China, demand is so high, many buyers having to wait at least several weeks to get their purchases. The top-10 selling cars in China in 2009: 1. Buick Excelle; 2. New Hyundai Elantra; 3. Volkswagen Jetta; 4. BYD F3; 5. Volkswagen Santana; 6. Old Hyundia Elantra; 7. Chery QQ; 8. Xia Li; 9. Honda Accord; 10. Toyota Camry. Top-10 selling in the United States in 2009: 1. Ford F-Series; 2. Toyota

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Audi R8, Hyundai Genesis Coupe, Volkswagen GTI among Market Watch cars of the year

Ron Amadon, an auto writer and morning news anchor on the MarketWatch Radio Network based in Washington, D.C., has just published his best-of-the-end-of-the-decade list. Details of how he selected his list aren’t provided, except the reviews are for the calendar year, not model year. Fun to drive is also a high priority. Best sports car: Audi R8. Simply the best Audi ever. Biggest surprise: Kia Soul, Nissan Cube. Auto styling goes cubist. Cars of the year: Hyundai Genesis Coupe and Volkswagen GTI. Best sedan: Hyundai Genesis. Smooth and solid at a good price. Best family value: Volvo XC60. Nowhere will you find a smoother, more refined ride. Best gas sipper: VW Jetta TDI. You will never know it is a

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Ford sweeps Detroit Auto Show honors with Ford Fusion Hybrid and Transit Connect

The double victory for Ford on Monday marked only the third time in the history of the award an automaker swept the competition. The honors are voted on by a panel of about 50 U.S. and Canadian automotive journalists. The Ford Fusion Hybrid, the gasoline-electric hybrid that debuted in the U.S. market in March 2009, has gas mileage ratings of 41 mpg in the city and 36 mpg highway. It was honored over the Buick LaCrosse and the Volkswagen Golf/GTI. A utilitarian truck shorter than the Fusion, the Transit Connect defeated the Chevrolet Equinox and Subaru Outback for the truck title. Introduced in 2002, the Transit Connect is a leisure activity vehicle that replaced the Ford Escort van line. “A

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Nissan announces sponsorship with Lance Armstrong's new Radio Shack team

Nissan North America, Inc. (NNA) has announced an agreement with Lance Armstrong, seven-time winner of the Tour de France and founder of the LIVESTRONG Charitable Foundation, to sponsor his new Team RadioShack team. The multi-year partnership includes the use of various Nissan products as the official vehicle of the team. Jaguar is the official sponsor of the new Sky Team based in England. Skoda is the official vehicle of the Tour de France. Team RadioShack features 25 riders, including Armstrong,  from numerous countries.  The squad will debut Jan. 17 at the Tour Down Under and will compete in major events throughout the season, including Tour of California in May and the Tour de France in July. Nissan has a strong

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Tata Nano, world's cheapest car, soon on its way to the United States?

Speaking at the New Delhi Auto Show, Ratan Tata said his company is considering distribution of the Nano in the United States after its pending debut in Europe at the end of 2011. “We also recognize there is a market (for the Nano) not only in developing countries, but possibly in the developed countries,” said Tata and as reported on Reuters.com. “For the United States we need a car which has a larger engine and we need additional crash test modifications and we are in the process of doing it.” The Nano first gathered its signature as “the world’s cheapest car” two years when Tata showcased the Nano for first time as the last New Delhi Auto Show. Tata said

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Honda Fit to Lexus GS450h, The Weekly Driver's Cars of the Year, 2009

Lots of car buyers purchase $15,000 cars or prefer SUVs and midsize sedans. Hybrids and sports cars are fun drives, but they still comprise niche market choices compared to more popular choices — Honda Accord to Ford F-150 pick-ups to Toyota Camry. It’s these cars I’ve most often reviewed since 2003. In 2007, I began a Best-of-the-Year list. Like during the list’s previous two editions,  I waited until the end of the year — the opposite approach of the major car publications. The industry’s renowned magazines and web sites often select their lists to outdo each other. Sometimes, some of the cars chosen have just debuted or in some instances they’re not yet available to the public. How does that

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Yaris, Touareg, Probe among Cars.com worst named cars

The author writes: “Below are 10 vehicles from the past 30 years with names so awful and awkward that we’re sometimes surprised consumers gave them a shot.” No. 8 on the list, for example, is the Toyota Yaris. The author details: “There was a girl in my dorm freshman year who organized her shoes alphabetically by mood. She majored in dead languages and responded to every single question with ‘no worries.’ She once set the dorm microwave on fire by overcooking a ham-and-cheese Hot Pocket. Yes, that story is ridiculous and nonsensical … sort of like naming a car Yaris.” AUTOMOTIVE RESOURCES Auto Shipping Quote, Car Financing, Car Insurance Quotes, Car Loans, Online Car Insurance, Rental Cars, Used Cars Here’s

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Toyota planning new challenge to 'cheap car' Tata Nano

Since the announcement of the first production plans for the Tata Nano, the auto industry has remained abuzz about the minimalist vehicle known as the world’s cheapest car. After months of controversy and delivery delays, the Nano is now being sold in India and Tata has plans to export the $2,000 car to other countries. Several other manufacturers make cars that cost less than $10,000. And Toyota now says it will join the “cheap” car market. It plans to release a concept car  it will target to the world’s emerging markets. The concept model’s name is EFC. It stands for Entry Family Car. Toyota has not announced pricing for the car, nor many of its details. But the expected price

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Think Global will soon begin U.S. production of new electric car, The City

The Oslo-based company, reorganized with a $47 million capital injection, is “30 to 60 days” from announcing a U.S. production site for its cars, Richard Canny, chief executive officer, told Bloomberg. Three U.S. cities are vying for the production facility with the announcement of the location expected before the end of January, 2010. The City has a range of 112 miles on a charge and will cost about $30,000 in the U.S. after a $7,500 federal tax credit, Canny said. The company said it has orders for 2,350 cars. Think Global hired investor Valmet Automotive, a contract manufacturer, to build the cars. The first customers will be in The Netherlands and other European countries. U.S. sales are expected to begin

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Subaru tops all manufacturers in Insurance Institute for Highway Safety 2010 ratings

The other car manufacturers to do well in 2010 include: Ford and its subsidiary, Volvo, Volkswagen and Audi with five top picks, and Chrysler with four cars in the top categories. “With the addition of our new roof strength evaluation, our crash test results now cover all 4 of the most common kinds of crashes,” said Institute president Adrian Lund. “Consumers can use this list to zero in on the vehicles that are on the top rung for safety.” Toyota and its Lexus and Scion subsidiaries had a strong showing in 2009 with 11 winners but were shut out for 2010. Four other manufacturers whose vehicles have earned Top Safety Pick in the past didn’t have a qualifying vehicle for

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Scion Tops Consumer Reports 2009 Reliability List, Chrysler Falters

The Consumer Reports study is compilation of more than 1.4 million readers’ responses this spring to vehicles from previous years. The results are used to predict reliability for 2009 model. Here are top two best and worst cars (if available) from each category in the Consumer Reports’ reliability issue, available on newsstands Nov. 11. Small Car Best: Scion xD, Mini Cooper Clubman Worst: Nissan Versa (sedan), (no second pick) Family Car Best: Toyota Prius, Kia Optima Worst: Dodge Avenger, Chrysler Sebring (V-6) Sporty Car, Coupes & Convertibles Best: Lexus SC, Volvo C30 Worst: Chrysler Sebring (convertible), Saturn Sky Upscale/Luxury Car Best: Infinity M35 (rear-wheel drive), Lexus IS250 Worst: Cadillac STS (V-8), Mercedes-Benz E-Class (V-8) Wagons & Minivan Best: Toyota Matrix,

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Porsche to Audi, Lexus to BMW: Best (used) luxury cars under $30,000

For the past few years, I’ve become a regular reader of the AOL Autos. Its writers and editors seemingly have a never-ending stream of top-10 lists while approaching the automotive industry with the consumer in mind. The latest AOL Auto offering, written by Kevin Ransom, is the “baker’s dozen” list of best luxury cars for under $30,000. It’s a diverse selection, Porsche to Lincoln, Audi to Lexus. Says Ransom in his introduction: “For some buyers, the used-luxury market is a way of getting into that Lexus, Lincoln, Infiniti or Porsche you always wanted, without laying out $70,000 or $80,000 for something you’re not actually going to live in.” In conjunction with a recent Consumer Reports study, AOL has published its

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David Letterman: Late night comedy, sex and race cars

Letterman isn’t an avid car collector like Leno. Rather, with his close friend Bobby Rahal, the three-time Indianapolis 500 winner, Letterman for more than a decade has been co-owner of Rahal Letterman Racing. The team is based in Hilliard, Ohio, and competes part-time in the IndyCar Series and in other of auto racing disciplines. The team dates to 1991. Following the 1991 CART season, Bobby Rahal left the Galles-Kraco Racing team. Despite consistent top finishes, Rahal actually won only two races from 1989-1991. Correspondingly, Danny Sullivan left the Patrick Racing team, following a dismal season with the Alfa Romeo engine. The two drivers essentially swapped rides. Sullivan joined Galles, and Rahal joined Patrick. By the winter of 1991, however, Patrick

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Ferrari 430: An iconic sports car nearing its final production (with video)

Its replacement, the Ferrari 458 Italia was unveiled on the 28th July 2009, and is expected to go on sale in Spring 2010. The F430’s all-aluminum chassis was produced in partnership with Alcoa and is virtually identical to that of the previous model, the Ferrari 360. In the F430 it has been slightly re-worked and improved with extra stiffening beams around the floor pan. The car shares parts with the 360, including the roof, doors, front windshield, and passenger compartment-to-engine glass. Internally, both cars are referred to with the same model number (F131), although the F430 has the Evoluzione tag attached to show that it features some major changes. Internally, the car is simply known as the “Evo.” The MSRP

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