Reports | otomac

GM CEO Says European Crisis Forces Company to Reevaluate its Operations

February 11th, 2012 0 Comments

Speaking at a recent Detroit Economic Club forum, General Motors Chairman and CEO, Dan Akerson told reporters that while GM is performing admirably in the U.S., the mounting European debt crisis is forcing the Detroit automaker to rethink its strategy in the Old Continent. However, Akerson did not...

Audi Puts a Price Tag on UK Market A1 Sportback

February 11th, 2012 0 Comments

Just days after Audi pulled the wraps off its new five-door premium supermini named the A1 Sportback, and the Ingolstadt-based automaker came out with full pricing on the UK market model. On-the-road prices will start from £13,980 and top out at £21,270, which represent a £560 premium...

In Memoriam: Ferrari Mourns the Passing of Sergio Scaglietti [1920-2011]

February 10th, 2012 0 Comments

Yesterday was a sad day not only for Ferrari, but for car fans in general. Sergio Scaglietti, who linked his name with the Italian supercar maker to such a degree that one of it models, the 612 Scaglietti, was named after him, passed away on Sunday at the age of 91. Read more...

Daimler and BYD to Preview Upcoming Dedicated EV with a New Concept Model

February 8th, 2012 0 Comments

[BYD e6 EV pictured above]Joint venture partners Daimler AG and BYD Auto revealed plans today to preview their upcoming dedicated electric-car for China with a new design concept at the next Beijing Auto Show in April of 2012. Last year, the two companies formed a 50-50 joint R&D venture...

VW to Increase U.S. Dealer Network in order to Meet Sales Target

February 7th, 2012 0 Comments

Jonathan Browning, CEO of Volkswagen Group of America, told journalists at the LA Auto Show that the company would have to significantly increase its U.S. dealer network in the coming years if it wants to meet its sales target. VW’s current U.S. network comprises around 600 dealerships. Browning...

Chevy’s Low Emissions Package Gives 2012 Volt Access to California’s HOV Lanes

February 5th, 2012 0 Comments

The state of California has more than 1,400 miles of High Occupancy Vehicle, or HOV, lanes. Initially, only vehicles with two or more occupants could use them, in order to minimize congestion. However, as low-emission vehicles became more common, the Golden State recently changed the regulations,...

Rumors: VW’s 2.5L Inline-Five to be Replaced with New 1.8-liter Turbo in the U.S.

February 4th, 2012 0 Comments

With such a large arsenal of turbocharged gasoline engines in all sorts of sizes and states of tune, one could only wonder why Volkswagen is still holding on to the naturally aspirated 2.5-liter inline-five in the States – especially since even GM and Ford have gone ahead and introduced smaller...

Formula 1: McLaren’s Boss Says Team “Must Win Races from the Start” in 2012

February 3rd, 2012 0 Comments

McLaren is second only to Ferrari in Formula 1 World Championships, having won 12 constructors’ titles, three less than the Scuderia. Yet the 2011 season has not lived up to the team’s expectations despite winning six races, because the combination of Sebastian Vettel and Red Bull was clearly...

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