Saudi prince claims 1 percent ownership of General Motors
According to a statement from Kingdom Holdings' executive director of private equity, the investment indicates a confidence in GM's current management and its profit potential.
The prince is no stranger to investing in massive American corporations after notably becoming Citigroup's largest individual shareholder.
EPA puts a number on Leaf's range; Nissan cites another source.
The phrase came from Mark Perry, Nissan's North America product planning director for the Nissan Leaf, as part of his response to the EPA rating the Leaf at a lower fuel efficiency than the automaker has claimed. The EPA rates the Leaf at 99 mpg; this figure means the Leaf, according to the agency, gets a range of 73 miles per charge -- far lower than Nissan's claim that the Leaf will go up to 100 miles on the same amount of juice.
Laurén Abdel-Razzaq, Automotive News
The National Highway Traffic Safety Administration has opened a preliminary investigation into whether some Honda hybrid vehicles are prone to unintended acceleration.
The federal auto safety regulator said Monday it had agreed to look into a complaint stemming from a fatal July 2005 crash.
The driver of a 2005 Honda Accord Hybrid said she was driving over rumble strips on the side of a freeway when she tried to apply the brakes. Instead of slowing, the driver claimed, the car sped up uncontrollably and crossed into oncoming traffic. The resulting accident left the passenger dead and the driver disabled and injured the occupants of two other vehicles, NHTSA said on its Web site.
VW knows how much it needs to spend to overtake Toyota.
That's the amount of money the German manufacturer plans to invest in its automotive division in the next five years in order to overtake the current top dog, Toyota. The figure was quoted by CEO Martin Winterkorn in a statement to VW's supervisory board, which approved investment plans through 2015.
A little more than half that expenditure will go to modernizing the stable of brands, including luxury badges, thereby extending the product range of Audi, Bentley, Lamborghini and Porsche as well as VW and Europe-only Škoda.
New F-150 EcoBoost proves it's up to the task during the Baja 1000.
Ford has been putting its new 3.5-liter EcoBoost V6 engine through some serious abuse recently. The company has organized a number of stunts to attempt to prove to buyers that the engine is just as stout as its 8-cylinder, naturally aspirated counterparts. After all, Americans have been buying V8 trucks for generations, but until now, turbochargers have belonged only on diesel engines. Combining forced induction and gasoline with the kind of torture that most trucks endure during a lifetime, and you’ve got one formula still lacking proof.
Well, proof in the eyes of the public, at least.
Consumer Reports on the bargains to be had for navigation systems.
Thanksgiving, of course, means tradition and family and, hopefully, an abundant feast. But for the deal-obsessed shopper Turkey Day is akin to an early Christmas.
Black Friday, as the day after Thanksgiving is known, is notorious for kicking off the holiday shopping frenzy with heavy markdowns — sometimes for that day only. In that spirit, Consumer Reports has published a piece on the best deals to be found on GPS units going into the holiday season. The list, after the jump, is a straight-up buyer's guide, taking into account price -- and where to buy, when -- and relevant information on notable features. We also feature Consumer Reports' brief video on how to shop the segment, which is also worthwhile; hardware and features are evolving rapidly enough that it's nice to know what's out there, and what's worth your money -- or not.
Large majority of owners support 'right-to-repair' laws.
The law went out with a whimper when the House failed to vote, amid what seemed to be strong grass-roots support, and ended its regular session at the end of July. But according to a new study by AutoMD.com, nearly 83 percent of car owners support such a bill.
The 2012 VW Beetle is revealed -- sort of -- on the 'Oprah Winfrey Show.'
The 2012 Beetle, not yet out, was revealed only in silhouette; a current model was featured during the discussion of the vehicle. The actual unveiling will take place sometime in the spring.
Performance-specific components, such as stiffer suspension, dual exhausts, sport seats and 19-inch wheels, will be a part of the new iteration, as will a clean-diesel powertrain option in the cabriolet version.
Volkswagen's media site is having problems -- no doubt in part due to the massive influx of interest in anything Oprah-related -- so I can't access a shot right now. I'll post one when it's available. From some of the spy shots I've seen, the thing looks decidedly sportier, but also a bit weird. From the side, it resembles the rear of a Porsche Panamera mated to the front wheel arches of a PT Cruiser.
[Source: Autoblog; USA Today.]
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Clifford Atiyeh has spent his entire life driving cars he doesn't own. Raised in Volvos, he has grown to love fast, irresponsible vehicles of all kinds. He is the senior news editor at MSN Autos and also reports for Car and Driver, Road & Track, The Boston Globe and other publications.
In the garage: 21-speed Iron Horse, 2002 Jeep Wrangler X (not his)
Doug Newcomb has covered car technology for over 20 years for outlets ranging from Rolling Stone to Edmunds.com. In 2008, he published his first book, "Car Audio for Dummies" (Wiley). He lives and drives in Hood River, Ore., with his wife and two kids, who share his passion for cars and technology.
In the garage: 1996 Chevrolet Impala SS, two 1984 Chevrolet Blazers, 2008 Honda CR-V
James Tate learned to drive stick at age 13 in a 1988 Land Cruiser - in La Paz, Bolivia. He's since been a mechanic, on a pit crew and has wrenched on every car he's owned since his first 1989 Honda CRX Si (and won't stop until the car is a 1973 Porsche 911 RS). His work has appeared in Car and Driver, Popular Mechanics, Automobile and others.
In the garage: 1995 Porsche 911 Carrera, 1988 BMW M5
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