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News By Topic: Automobile Manufacturers

NASCAR NNCS (DAYTONA) - VIDEO STORY Car of Tomorrow

NASCAR NNCS (DAYTONA) - VIDEO STORY Car of Tomorrow

DETROIT - May 11, 2007: The NASCAR Car of Tomorrow is scheduled to debut in 16 of the 2007 Nextel Series races. Following the death of legendary driver Dale Earnhardt in 2001, NASCAR officials set out to create a safer vehicle. To accomplish this task, NASCAR employed various auto manufacturers to design a car that is ... Continue reading

Cerberus Takes Over Majority Interest In Chrysler Group and Related Financial Services Business for $7.4 Billion From DaimlerChrysler

Cerberus Takes Over Majority Interest In Chrysler Group and Related Financial Services Business for $7.4 Billion From DaimlerChrysler

- Affiliate of Cerberus to acquire 80.1% equity interest in new company Chrysler Holding LLC; DaimlerChrysler AG to retain 19.9% - Obligations for pensions and healthcare costs to be retained by Chrysler companies - Transaction expected to result in net cash outflow of $0.65 billion for DaimlerChrysler - DaimlerChrysle ... Continue reading

DaimlerChrysler Definitive Agreement to Sell Chrysler Group (including Chrysler Financial Corporation) to Cerberus Capital Management, L.P.

DaimlerChrysler Definitive Agreement to Sell Chrysler Group (including Chrysler Financial Corporation) to Cerberus Capital Management, L.P.

AUBURN HILLS, Mich., May 14 -- Attribute: Tom LaSorda, President and CEO, Chrysler Group: "We are confident that this transaction will create a standalone Chrysler that is financially stronger, with a winning combination of people, industry know-how, operational expertise and spirit of innovation that will accelerate t ... Continue reading

RoadTrip: Hot Laps On The Track at Mazda Raceway @ Laguna Seca - VIDEO

RoadTrip: Hot Laps On The Track at Mazda Raceway @ Laguna Seca - VIDEO

Take a few hot laps with The Auto Channel at Western Automotive Journalists' Media Days. Produced and edited by Marc J. Rauch In this special edition of ROAD TRIP, Mark Fulmer rides with Gordon Sanderson at Mazda Raceway at Laguna Seca. Gordon is one of the certified driving coaches with Hooked On Driving. This episode ... Continue reading

2007 Lincoln MKZ AWD Review

2007 Lincoln MKZ AWD Review

THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS Model: Lincoln MKZ AWD Engine: 3.5-liter DOHC V6 Horsepower/Torque: 263 hp @ 6250 rpm/249 lb.-ft. @ 4500 rpm Transmission: 6-speed automatic Wheelbase: 107.4 in. Length/Width/Height: 190.5 x 72.2 x 57.2 in. Tires: P225/50VR17 Cargo volume: 15.8 cu. ft. ... Continue reading

2007 Lexus GS430 Review

2007 Lexus GS430 Review

THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS Model: Lexus GS430 Engine: 4.3-liter DOHC V8 Horsepower/Torque: 290 hp @ 5600 rpm/319 lb.-ft. @ 3400 rpm Transmission: 6-speed automatic Wheelbase: 112.2 in. Length/Width/Height: 190.0 x 71.7 x 56.1 in. Tires: 245/40R18 Cargo volume: 12.7 cu. ft. ... Continue reading

2007 Subaru Outback 2.5i Limited Review

2007 Subaru Outback 2.5i Limited Review

DRIVING DOWN THE ROAD WITH CAREY RUSS 2007 Subaru Outback 2.5i Limited Times change, and the radical becomes mainstream. The Subaru Outback seemed so different when it debuted as one of the first crossover vehicles in 1995. Its raised ride height, permanent all-wheel drive, and by its second year, body cladding and oth ... Continue reading

Toyota Awards $1.12 Million in Scholarships to 100 High School Seniors

Toyota Awards $1.12 Million in Scholarships to 100 High School Seniors

Winners at Top of Class in Both Academics and Community Service LOUISVILLE, Ky., May 11 -- Toyota Motor Sales, U.S.A., Inc., (TMS) rewarded 100 high school seniors with $1.12 million in college scholarships for their commitment to education and community service at an awards banquet tonight. The winners, who make up th ... Continue reading

Ford Unleashes a Brand New Warrior -- The 2008 Mustang With Warriors in Pink Package to Benefit Susan G. Komen for the Cure

Ford Unleashes a Brand New Warrior -- The 2008 Mustang With Warriors in Pink Package to Benefit Susan G. Komen for the Cure

Limited edition 2008 Ford Mustang Produced in Celebration of Susan G. Komen for the Cure's 25th Anniversary DEARBORN, Mich., May 11 -- Ford revs up its 2007 Warriors in Pink campaign in support of Susan G. Komen for the Cure by announcing today a very special addition -- the new 2008 Mustang with Warriors in Pink packa ... Continue reading

GM Names Executives to Key Marketing Positions

GM Names Executives to Key Marketing Positions

DETROIT May 11, 2007; General Motors announced moves within its North America Vehicle Sales, Service and Marketing (VSSM) staff today. Effective immediately: Jim Bunnell, 51, has been appointed divisional general manager, Buick-Pontiac-GMC, replacing John Larson, who left GM to pursue an outside opportunity. He was pre ... Continue reading

2007 Chrysler Pacifica Review

2007 Chrysler Pacifica Review

CHRYSLER PACIFICA IN SEDONA Hiking in the Red Rocks From a Shunpiker’s Journal By Steve Purdy The AutoChannel.com Detroit Bureau [Photo # 0730] We’re just back from Sedona - Arizona’s second most popular tourist destination, next only to the Grand Canyon. We’ve been there a half dozen times over the ... Continue reading

MSNBC: Four Convertibles That Don't Compromise

MSNBC: Four Convertibles That Don't Compromise

MSNBC has compiled a list of what it calls the four best hard-top convertibles on the road. They are the Mazda MX-5 Miata, the Pontiac G6 convertible, Volkswagen's Eos and the Volvo C70. Click here to read the full reviews and see pictures. These four cars are not so much competitors as complements to one another, with ... Continue reading

Hyundai Faces Branding Challenge

Hyundai Faces Branding Challenge

Washington DC May 11, 2007; The AIADA newsletter reports that Hyundai's COO Steve Wilhite has seen the Korean carmaker's quality improve to what he calls "scary levels," -- and sales stall. It is clear to him that the company needs a new "big idea" to redefine its brand. According to BusinessWeek, Hyundai is working to ... Continue reading

PACCAR Selects Mississippi For Engine Manufacturing Facility Location

PACCAR Selects Mississippi For Engine Manufacturing Facility Location

BELLEVUE, Wash.--In January 2007, PACCAR Inc announced plans to build a $400 million engine facility and technology center in the Southeast United States. The new facility will be constructed in Columbus, Mississippi. “PACCAR is pleased to locate its engine facility in one of the most dynamic and progressive areas ... Continue reading

Change in Volvo's Group Executive Committee

Change in Volvo's Group Executive Committee

STOCKHOLM, Sweden--As a result of Nissan Diesel’s current President, Iwao Nakamura, retiring at mid-year 2007, Satoru Takeuchi will replace him as a member of Volvo’s Group (STO:VOLVA) (STO:VOLVB) (BSE:VLV) Executive Committee. Satoru Takeuchi will also succeed Iwao Nakamura as President of Nissan Diesel. Sat ... Continue reading

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