It may not be the fanciest or most luxurious car which will be debuting on the market, but a lot of people are interested in catching sneak peeks of the 2010 Acura MDX. It is not all about Acura’s brand new ZDX, not by any means. The Japanese manufacturer is definitely getting ready for and prepping up the new revision of the MDX sports utility vehicle. Spying, car loving paparazzi everywhere are doing anything they can to catch a shot of the SUV.

Insofar as design changes go, the front end of the vehicle seems to have gone through the most drastic transformations. A new grille is one change, and by all available accounts, it is definitely working for the new MDX. It is, in fact, quite like the new 2009 TL’s grille. It is also expected that the interior of the MDX will undergo a makeover. Inside information suggests that there might be an MDX with a V-6 diesel engine.

Former United States Vice President recently disclosed that the GM bankruptcy has long been predicted and the Bush administration had to let it’s time pass before letting the car manufacturer declare a chapter 11.

General Motors has been staying afloat all this time because of financial backing from the federal government until it ultimately needed to file for a bankruptcy last week.

Cheney revealed the matter during an interview with Fox News and said that Bush just did not want to pull the plug on the automaker which has been one of the pillars of the U.S. car industry.

According to him the government knew about the struggle of GM and has foreseen that eventually the carmaker will need to go through bankruptcy and some restructuring and renegotiate their contracts in order to survive.

Read the rest of this entry »

We all know that the automotive industry is definitely in trouble, however, that does not stop them from coming out with cars does it?  Take the latest and greatest Lotus car that is honestly going to be the height of all sports cars?  This car is going to feature an aluminum-space-like frame structure and is going to have a mid-mounted engine.  This car, compared to the 2009 Lotus is actually a lot more luxurious and for those of us that are looking for luxury, this is going to be it.

Another great feature about the 2010 Lotus Evora model is the fact that it is actually a lot bigger and definitely a lot more livable than any of the other Lotus models.  One thing that I hate about sports cars is that they all feel like a race car and really have nowhere to move around, that is not the case with this beautiful car!

There is also a two-plus-two configuration and you can get a built in GPS system as well as a backup camera and full leather interior if you want!  All of this for one $70,000 – that isn’t bad!

The turmoil in the auto industry presents a different environment in determining how consumers are satisfied with their choicest among the available vehicles in the market today.

According to the Vehicle Satisfaction Survey for 2009 conducted by AutoPacific, Cadillac owners are the most pleased with their choice of brand with Cadillac Escalade owners being the happiest of truck buyers. The buyers of the Lexus LS have the biggest smile among car owners. Hyundai appears to be the fastest emerging brand as more and more consumers reported satisfaction with the Korean brand.

AutoPacific credits overachievement for the brands that have made good impressions to consumers in an environment where dealership closures are common occurrences.

The premium in luxury was awarded by the respondents to the Lexus LS. The Hyundai Genesis was the top aspirational luxury vehicle. The Lincoln Town Car and the Lexus ES claimed the luxury best large and midsize car, respectively. The premium midsize vehicle was given to the Hyundai Sonata. The basic midsize car was awarded to the Fusion from Ford.

Read the rest of this entry »

Great news from General Motors! They’ve decided to actually produce the Chevrolet Spark and I think it’s a great decision. A fresh-looking, young, new green car — that’s what GM has to do to get out of the slump in my opinioon!

Woopwoop!

Prodrive Ltd. is known as a group of motorsport and car engineering that is located in Banbury, Oxfordshire, England. They are also known to draw up plans, build and put its cars on the race track for the well-known companies and groups such as Aston Martin and Subaru.

Like other race teams, Prodrive sells its race cars after giving them up from the competition. Either to other competitive teams for another racing event, and some will go to avid race car fans that are willing to collect such fine beauties.

Now that Prodrive has a handful of their own creation which is now in the retirement phase, it is only time for them to find their new home. To help with this plan, Prodrive is now providing a listing program on their own website for sellers.

Read the rest of this entry »

After the much awaited transition of power, changes are underway in all facets of the American community. One of the changes that we can believe in, as his campaign suggested, is in the car industry. But does Obama bring good news or otherwise?

“Everybody, from labor to management to creditors to shareholders, giving something up,” stressed Obama. He thinks that shared sacrifice among every industry including the car industry would have to be considered.

Ironic as it may sound, Obama has his own reasons. Automakers would have to wait and see what happens because this may mean that tougher conditions on federal loans will be imposed in his administration. To backtrack in Bush’s administration, he allowed automakers to get a specific loan so that they can keep up in spite of the recession. These loans had strict conditions that involved time tables as well.

Read the rest of this entry »

The US Senate has decided to approve $350 billion more of bailout money for the automobile industry. The budget, which is the second round of federal funds, is set to be released this year.

Sources say that the federal funds will be used to provide loan grants to automotive suppliers, auto finance companies and automakers.

The first $350 billion funds were released to fund emergency loans to automotive companies such as Chrysler LLC an General Motors.

The second round of $350 billion was released after aids to new President Barack Obama ensured that the funds will strictly be controlled, insiders say.

Obama designee National Economic Council Chairman, Larry Summers, said in a letter that the second $350 billion funds will not be allocated to industrial policies. He also said that the automobile companies will only receive the additional aid provided that they have a concrete reconstruction for long-term viability.

Read the rest of this entry »

During a recent speech engagement in front of the joint session of the U.S. Congress, President Barack Obama holds accountable the car manufacturers for their bad practices that pushed them to the brink while fighting the current recession.

The US President promised though to help them regain their grounds to be able to compete again and win the auto industry. Obama also pinpointed the millions of jobs depending on car manufacturing.

The Obama led government is taking actions to help revive the ailing car industry. The US President backed up the plans of former president George W. Bush in pushing for the emergency loans amounting to $17.4 billion to GM and Chrysler LLC.

The federal government has activated several taskforce to study the restructuring plans of the car manufacturers which are asking for an additional loan of $21.6 billion. They are also looking into the call for help coming from suppliers amounting to $18.5 billion.

Read the rest of this entry »

In the US, two factors pivot researches for alternative car fuel blends this year: the fast decline the world’s Petroleum content and the deterioration of air quality in all of US airport vicinities.

NASA (National Aeronautic Space Administration) worked with 11 research groups to test two synthetic fuels derived from natural gas and gasified coal. These gases were extracted using the Fischer Tropsch process. The research groups involved in this project included the US Department of Defense, the Federal Aviation Administration, and the Environmental Protection Agency.

These tests are being conducted at the NASA Dryden Flight Research Center in California. The main point of the research is to test the emission levels and performance of both alternative fuels.

It has previously been studied that synthetic fuels emit fewer harmful particles compared to standard jet fuel. This research, aside from looking into alternative jet fuels once Petroleum runs out, also considers environmental factors.

Read the rest of this entry »