Rick Wagoner leaves GM with $20.2 million retirement package

On Sunday, at the White House’s request, Rick Wagoner announced his decision to step down from his position as GM’s chief executive. If you feel or felt sorry for him, don’t be! Because, according to GM’s financial filings, Wagoner is entitled to a $20.2 million retirement package. That’s a lot of money and I’m sure... ...read the full post

Video: Guy holding back Lamborghini with his bare hands

According to this video’s description on StreetFire, this guy broke the world record by holding back a Lamborghini for seven seconds. Actually, there were two Lambos because one broke down. I don’t know why, but I don’t really believe this is for real. Anyway, if it is, congrats to the dude, he did a great job. Enjoy! Man Holds Lamborghini ... ...read the full post

Acura ZDX luxury four-door sport coupe teased before New York debut

Honda has released a few teaser photos of the upcoming Acura ZDX luxury four-door sport coupe which will make its debut on Aprol 8 at the New York International Auto Show. Though there aren’t many details available, it looks like the ZDX, which will hit showrooms this fall, will be a BMW X6 competitor, which will be pretty interesting, because... ...read the full post

Tiret Coupe based on the Range Rover Sport Coupe by LSE Design

Remember the Range Rover Sport Coupe by LSE Design? It’s one of the most beautiful cars we’ve seen and we remember falling in love with that the second we saw it. Well, now we’ve got something even more interesting. Created by New York based jewelry designers Tiret and LSE Design, the Tiret Coupe features new exterior body styling... ...read the full post

First driving footage of the new Tesla Model S

The new Tesla Model S electric sports sedan was officially unveiled last week in Hawthorne, California and here are some video showing the car running on the street. The videos were taken just before the official press launch from last week.Check out the rest of the videos after the jump. …read the full post  Read More →

Kia VG Concept (KND-5) photo released

This weekend, at the Seoul Motor Show, Kia will unveil their latest vehicle, the KND-5 Concept, which previews the Korean company’s upcoming luxury sedan, so far only known with the codename “VG”. The car will be a direct competitor to near-luxury sedans such as the VW Passat CC and will share its FWD platform with the next generation... ...read the full post

Rick Wagoner steps down as GM’s chief executive, Fritz Henderson takes his place

Yesterday, GM’s chief executive Rick Wagoner has announced that he will resign his position at the company, at the White House’s request. But that’s not all, because the Obama administration has also announced that GM and Chrysler won’t be getting any more bailout money and told them to come up with new plans or risk insolvency. Wagoner,... ...read the full post

The new Mercedes Benz E Class by Brabus

This weekend we took the new Mercedes Benz E Class for a test drive and now we’re really happy to see that there’s already a Brabus edition ready. The German tuner has always been known for its top of the line programs for Mercedes cars and the package for the new E is another proof of that. The first that strikes you is the new body kit,... ...read the full post

Having fun with the new Mercedes Benz E Class

Hey guys, no new posts for today because this morning we got invited by Mercedes to the official launch of the new Mercedes Benz E Class in Romania. This will be a 2 day event and we’ll drive around 300 miles in their new car. So far it has been really fun and we’ll come back later with a full review of the car. Meanwhile here are some... ...read the full post

Tesla Model S officially unveiled

Today, at Tesla’s design studion in SpaceX Rocket Factory in Hawthorne, California, the company unveiled its second vehicle, the new Tesla Model S electric sedan. With the Fisker Karma only a few month away, Tesla really needed to hurry showing this project, which is scheduled to debut in 2011. According to the company, the Model S has a driving... ...read the full post

Paul Walker doing a great job on the track

I’m sure every petrolhead knows Paul Walker, the actor from the Fast and Furious series. And, just like me, you’re probably thinking that it’s just a movie and that he has nothing to do with cars. However, here’s a video showing Paul driving several beauties on the Willow Springs race track (among others there’s a 2010... ...read the full post

Cayenne GTS Porsche Design Edition 3 unleashed

After the Cayman S Porsche Design Edition 1 and the Boxster S Porsche Design Edition 2, Porsche has announced today a new Porsche Design limited edition for the Cayenne GTS. With 1,000 units to be built, the Cayenne GTS Porsche Design Edition 3 features an extended roof spoiler, Lava Grey Metallic paint finish with two black stripes, 21-inch SportPlus... ...read the full post

Smart buyers back out leaving the cars ‘orphaned’ in US dealerships

Aren’t people always acting like a herd? Last year, when gas price were up through the roof, Smart dealerships registered a very high demand for the small German car. Now, when gas price are back to a more normal level, everyone is dumping their new Smart. According to an article from USA Today, Smart dealers are facing with increasing unsold... ...read the full post

Kia Forte LPI Hybrid debuts in South Korea

Following recent announcements that in the future they will focus on eco-friendly cars, yesterday Kia introduced the Kia Forte LPI Hybrid in South Korea. With this occasion, Kia has also announced their new eco-friendly sub-brand Eco-Dynamics. The Kia Forte LPI hybrid is powered by hybrid powertrain consisting of a 114 hp 1.6 liters LPI (Liquefied... ...read the full post

Fisker appoints 32 US retailers to sell the Karma sedan

In a press release made public today, Fisker Automotive has announced the first group of US retailers to market and service the Fisker Karma luxury plug-in hybrid sedan. This is the first step from Fisker’s plan to have, by the end of June 2009, 40 location across the country to sell the sedan that will go on sale later this year with a starting... ...read the full post