GM Dealers Buy $1M in GM Stock - TOP 10 Auto News Today 20080718

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GM Dealers Buy $1M in GM Stock - TOP 10 Auto News Today 20080718

Posted Friday, Jul 18, 2008 by autos

TOP 10 - Spy Shots: Kia VG foretells next Azera

Spies have caught a sleek new sedan doing the rounds in Korea. Word is that it's codenamed VG, will be arriving in '09, and will be "closely related to" the Hyundai Azera. While there is no word on engines yet, the car is expected to be front-wheel-drive. That doesn't exactly bode well for Kia's brief of being the sporty brand -- so sayeth Hyundai -- but the car is supposed to be "near luxury" and appears to have some all right lines, even under the camo. We look forward to seeing more.

[ Source : Kia World ]

TOP 9 - Lansing reportedly set to manufacture Cadillac CTS coupe

News of facility closings and truck and SUV production cuts have been very sobering to GM's plant towns and the union workforce. While GM's live press conference was bad news for many, the General's Lansing Grand River plant had plenty of reason to smile. The facility received word that the CTS Coupe and Sport Wagon were green-lighted for production, giving the plant more variations of the strong-selling CTS.

[ Source : Lansing State Journal ]

TOP 8 - French auto-journo hauled off for espionage

If you're in France, the phrase caveat emptor can probably be joined by caveat reporter after police raided the French magazine Auto Plus. The po-po were called last August to begin an investigation because the magazine published detailed photos of the coming Renault Megane, which Renault said wasn't supposed to hit showrooms for another three years. The raid was the next step in the Sherlock Holmes treatment.

[ Source : Reuters ]

TOP 7 - Audi releases all the details on the North American Q5

For those of you queuing for the Q5, Audi has let loose a flood of new info on its high performance, low consumption, relatively low emission sports SUV. Consumers outside the U.S., get to choose between one of two diesel-sipping TDIs -- of 170 hp and 240 hp -- that are the envy of Stateside quattrophiles. Even with that 240 hp and 369 lb-ft, you'll still get 31 MPG. Folks in the fifty U.S. will need to make do with the 211 hp, 2.0-liter V6 FSI... which isn't exactly a complaint.

[ Source : AutoBlog ]

TOP 6 - Audi R8 : GT3 Spec Race Car Up For Sale

As a loyal reader you might remember this car as we showcased it here before, but now this GT3 spec race car is up for sale. If you are looking for something special, this one is for you! Just grab 220.000 Euro.

[ Source : GermanCar ]

TOP 5 - Mercedes-Benz to introduce fully turbocharged lineup by 2010

When it comes to increasing fuel economy, turbochargers are the replacement for displacement. The combination of highly efficient snails and smaller engines provides the power people expect, while reducing the overall weight of the vehicle. Like other automakers that have realized that forced induction is a suitable stop-gap for improving fuel economy, Mercedes-Benz is in the process of developing turbo'd engines that will proliferate throughout its lineup in the next two and a half years.

[ Source : AutoBlog ]

TOP 4 - Horrific Mercedes-Benz SLR McLaren Crash in Qatar

According to reports, this hair-raising accident happened in Qatar sometime during the morning of July 15th when the 22-year-old driver of the Mercedes-Benz SLR McLaren allegedly lost control of the vehicle. We don’t know for sure if the driver actually made it out alive or any other details for that matter, but as you can see in the pictures after the jump, the SLR was literally torn into pieces. Shocking to say the least.

[ Source : CarsCoop ]

TOP 3 - NOPI cancels all drag, drift and car show events for remainder of 2008

For 20 years, a mass of automotive enthusiasts has descended upon Atlanta Motor Speedway for the NOPI Nationals Motorsports Supershow. NOPI, a Georgia-based aftermarket parts and accessories dealer, built a loyal following with their Nationals Supershow, attracting upwards of 90,000 attendees each year.

[ Source : NOPI ]

TOP 2 - VIDEO: Porsche's PDK gearbox in action

Porsche's unveiling of the 2009 911 Carrera also came with the introduction of the new PDK seven-speed twin-clutch gearbox. It can shift 60-percent faster than the Tiptronic system, and reportedly helps the 911 S lap the Nurburgring eight seconds faster than the six-speed variant.

[ Source : Autoblog.it ]

TOP 1 - In the name of faith: GM Dealers Buy $1M in GM Stock

GM has had what can be conservatively called a difficult week. In a live press conference, CEO Rick Wagoner delivered sobering news about health care cuts, asset sales, retirement and separation packages, and the elimination of GM stock dividend. The doom and gloom hasn't scared off the General's Dealer Council, as 20 retailers purchased a combined $1m in GM stock to show their support. Of course $1m isn't going to help much in the face of $15 billion in cuts, but co-chair Duane Paddock wanted to make the gesture to show GM and its massive dealer body that the council believes in the struggling automaker.

[ Source : AutoBlog ]

Comments

by leaness on July 18, 2008, 5:47 am

now they look like trash and they all smile at you when u look at the front end
by manuziilda on July 18, 2008, 5:48 am

whats with these brutally ugly grills
by mykillnaws on July 18, 2008, 5:49 am

man i cant imagine anyone wanting to spend this kind of money a an ugly smiling front end
by nemesis_ on July 18, 2008, 5:50 am

i remember when ferraris were classy and aggressive vehicles
by paranormal on July 18, 2008, 5:50 am

man ferrari fell off