May 23, 2024
Aston Martin Supercars

Bertone Soon to Face Bankruptcy

The Italian designer that has made the body styling of many famous car manufacturers is facing hard financial times and was declared bankrupted. The Bertone is that special coachbuilder that has put its soft touch on the Jet 2+2 station wagon based on the Aston Martin Rapide, displayed last year at the Geneva Motor Show.

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Gumpert

Gumpert announces new investor and safe finances

Gumpert is a relatively new supercar maker that wants to stand up on its own and which didn’t fall into the trap of compromising vital aspects of their products in order to please reviewers. The German supercar maker is only concerned with engineering their car in such a way that it blows the opposition’s doors

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Gumpert

Gumpert files for bankruptcy

The current economical climate does seem to have hit the automotive enthusiasts with above average income quite hard recently. Even though every company in the world seems to be making a highly luxurious product nowadays and every high end brand is getting increased sales, Gumpert isn’t so fortunate. The German high end performance car maker

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General Motors

General Motors could get a break from paying taxes

Perhaps this isn’t the best way to put it as it’s a bit rude and perhaps slightly uneducated but I have to admit to these being my first feelings towards a report on the situation at General Motors. After a few tight dodges of death, economy and so on GM managed to convince the U.S.

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General Motors

GM recalling over 1.5 million cars worldwide

Numerous General Motors cars and trucks sold globally will be recalled by GM due to a problem with the wind shield wiper fluid heating system. While the recall concerns a total of 1.53 million Buick, Hummer, Cadillac, Chevrolet, GMC and Saturn models, most of them have been sold in the U.S. with an estimated 1.36

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Hummer

Last Hummer made, shop closes up

The sad day has ended, General Motor’s Hummer brand has finally closed up shop and turned off the lights for the last time. You may recall that GM actually closed down the plant before but resumed activities in order to complete a special order of 849 Hummer H3’s.

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Chrysler

Chrysler repays 1.9 billion to the U.S. Government

We all know that the news from Detroit’s Big Three don’t always come in to put a smile on everyone’s face and Chrysler is the one that has been seeing less of the good type lately. However, a recent announcement from the U.S. Government may be proof that the hope Sergio Marchionne has been talking

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General Motors

Good news for GM: first quarterly profit in three years

General Motors have announced today that the first quarter of 2010 has been the place for another achievement on behalf of the company as they returned to profitability and registered revenue of $31.5 billion and operating income of $1.2 billion. The registered net income attributable to common stockholders was $0.9 billion which means earnings per

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Lincoln

Ford ambitions riding on Lincoln

Ford Motor Company, the single major manufacturer of the “Detroit big three” that did not file bankruptcy, is in the process of emerging from the crisis in the automotive market stronger than ever. Some of the changes applied turned the company around but there is no green light on the party yet. The main focus

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