Archive for the 'Manufacturer Update' Category

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GM: Saab sale to Spyker is completed!

2010 Saab 9-5

It seems that the “wind down” of Saab will have to be postponed.  GM announced on Tuesday that the sale of Saab to Spyker automotive has been completed, and going forward, Spyker will be responsible for all of Saab’s operations.  This is good news to the Saab faithful and employees around the world.  Although the automaker is a niche player, it will help fund Spyker’s other projects, namely its supercars.  No news about who financed the deal, although it was rumored that the Swedish government had its hands in the deal, promising money to Spyker to give it operating capital to continue running Saab.

by John Suit

Source: GM

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Breaking News: Hummer sale falls through, GM to wind it down

I know I’ve said it before in the case of Saab, but this time I believe GM – they’re going to wind down the Hummer brand.  It seems the sale of Hummer to Chinese company Tengzhong cannot be completed.  No word yet on why, but it may have something to do with intellectual property, since the Hummer H2 and H3 share their platforms with current Chevrolet/GMC products.  GM says it will honor Hummer warranties and continue to supply parts for vehicles already on the road.

by John Suit

Source: GM

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Update: Tesla plane crash details

The details are coming in regarding the airplane crash which occured on Wednesday, involving 3 Tesla Motors employees.  It now turns out that 56 year old engineer Doug Bourn was piloting his plane when it crashed.  His passengers were Andrew Ingram, 31, and Brian M. Finn, 42, both of Palo Alto.  Instead of the foggy conditions that were suspected, the San Jose Mercury News is reporting that it was probably a mechanical failure.  Click past the jump for a video from the Contra Costa Times.

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2010 New York Auto Show: New Sonata Turbo and Hybrid will be there

After a banner year in 2009, where most companies lost money, Hyundai posted profits towards the end, sponsored the Super Bowl kickoff show a couple weeks back, aired some commercials during the game, and is releasing plenty of new vehicles this year.  Arguably one of the most popular is the Sonata, which promises reliability, fuel efficiency and affordability, all good things in today’s economy.  Via Twitter, Hyundai has announced that it will be revealing the 2011 Sonata Turbo and Hybrid models at the New York Auto Show in April.  This adds to earlier news that the new Sonata wouldn’t be available with a V6 engine.

by John Suit

Source: Twitter

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2011 Buick Regal, Camaro Convertible production announced

The 2011 Buick Regal, seen here, will be built in Canada, at GM of Canada’s Oshawa plant, alongside the 2011 Camaro Convertible.  Both will start to be built in Quarter 1 of 2011, a curious time, considering most 2011 model-year cars will be on the roads starting in the second half of 2010.  Regardless, the Regal will be Buick’s second car in its renaissance.  First up was the LaCrosse, the flagship sedan of the marque.  The Regal will be a midsize sports sedan, available with a V6 or even a 4-cylinder engine, and a manual transmission.  It’s been a long time since a Buick came with a manual transmission, but with the cheaper cost of the 4-cylinder and manual transmission, Buick is aiming squarely at its luxury rivals in the hopes of stealing away younger buyers.  Click through the jump for some more pictures of the 2011 Buick Regal.

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PedalGate: Now SteeringGate? Toyota Corolla Steering issues

2010 Toyota Corolla S

When it rains, it pours.  In Toyota’s case, make that a monsoon.  Automotive News is reporting that the NHTSA is considering an investigation into concerns over Toyota’s bread-and-butter small car, the Corolla.  So far, 83 owners in the United States have complained about steering issues with their cars, a feeling similar to hydroplaning or being buffeted by the wind.  Some 73 of the reports have occurred at speeds of 40mph and greater, and the consensus from owners is that it takes a tight 2-handed grip on the steering wheel to keep the car driving straight when this problem occurs.

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