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Maybach to survive with new S-Class platform, new models on the way

2011 Maybach 57/62 It has been reported numerous times that Daimler AG’s Maybach brand will soon die after being starved of new products. That might not be the case anymore with some new leadership in town and some new products in the pipeline. Daimler board member, Joachim Schmidt, who was recently brought back to run Daimler’s sales and marketing,… Read the rest

Next-generation Subaru boxer engine coming by the end of 2010

2009 Subaru Forester In what will be the first major overhaul of Subaru’s trademark boxer engine in 20 years, the automaker plans to introduce a next-generation, horizontally opposed engine by the end of the year. The model will first debut in the Forester crossover and then make its way into other Subaru models, according to a report by Japan’s… Read the rest

Spyker: We may have been too optimistic on Saab’s target, talking to automakers to share technology

Saab 9-X BioHybrid Concept Spyker Cars NV reported yesterday a first-half loss of $177 million and trimmed Saab’s sales targets and said it would lose money through 2010. Spyker, the money-losing Dutch supercar maker, bought Saab from General Motors earlier this year. Spyker admitted that it may have been too optimistic on Saab’s earlier targets. CEO Victor Muller said… Read the rest

NHTSA kicks off ‘Drunk Driving. Over the Limit. Under Arrest’ campaign

The U.S. Department of Transportation today, kicked off its annual ‘Drunk Driving. Over the Limit. Under Arrest’ campaign to combat drunk driving. A new study released by the NHTSA shows that one in five U.S. drivers admit to drinking and driving. The agency also released new data indicating that as many as 17 million Americans have driven drunk in… Read the rest

Gemballa to hold press conference on Aug. 23, may go back into business

Gemballa Mirage GT Carbon Edition A little while back, Gemballa, a tuning firm that produces aftermarket parts for Porsche and Ferrari vehicles, closed its doors after the disappearance of its founder Uwe Gemballa . Uwe had been reported missing since February in Johannesburg, South Africa while on a business trip. The company is now reportedly scheduled to hold a… Read the rest

Report: GM executives could reap big gains if IPO takes off

Ed Whitacre will step down as GM CEO and Chairman on Sept. 1 General Motors announced today that it has filed for an initial public offering of common stock. The move is expected to largely benefit GM executives if all goes right. While GM did not disclose the number of shares to be sold or the price per share,… Read the rest

Redesigned, reengineered Volkswagen Phaeton coming to U.S. very soon

2011 Volkswagen Phaeton The Volkswagen Phaeton will be coming back to the United States, according to a report by Bloomberg . Originally, when the Phaeton was introduced to the stateside a decade ago, critics said the luxury car would never sell from a company that made cars like the Beetle. While they were right at the time, Volkswagen is… Read the rest

Something new in The Garage: Bike lapping

Having grown up around race cars, I’ve never really gotten in to the whole motorcycle thing. I’ve ridden a couple of times, but beyond that…nothing. That all changed today, as I spent the day at the track shooting bikes instead of cars. No, I’m not likely to be lubed into leathers any time soon, but I had a great… Read the rest

Lexus allowing full purchase of LFA in US… but there’s a catch

2011 Lexus LFA Of the 500 units of the Lexus LFA to be made, Lexus will only bring 150 to the United States. At first, Lexus announced that the LFA will only be available to lease in the United States – a move made to drive speculators out of the market for the $375,000 supercar. Those who bought the… Read the rest

Obama: U.S. couldn’t turn its back on auto jobs

President Obama Visits Ford Motor Company's Chicago Plant President Barack Obama still stands firmly behind the government aid delivered to the American auto industry. “I refuse to walk away from this industry and American jobs,” Obama said after touring a factory where Ford, the only Big 3 U.S. automaker that didn’t take bailout money, will begin assembling the new… Read the rest