Ferrari Opens Shop in India, Cheapest Model Costs Half a Million Dollars


The first ever Ferrari dealership in India opened its doors today in the heart of New Delhi. The Grand Opening, which was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer for India, was devoted to the members of the local and international press. India is the 58th country where Ferrari is present in the world. Read more »

Ferrari Opens Shop in India, Cheapest Model Costs Half a Million Dollars


The first ever Ferrari dealership in India opened its doors today in the heart of New Delhi. The Grand Opening, which was hosted by Ferrari CEO Amedeo Felisa, Ferrari Commercial and Marketing Director Enrico Galliera, and Ashish Chordia, Chairman of the Shreyans Group, the official Ferrari importer for India, was devoted to the members of the local and international press. India is the 58th country where Ferrari is present in the world. Read more »

Chrysler Group Repays US and Canadian Government Loans in Full


The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury (UST) and $1.7 billion to Export Development Canada (EDC) to retire the loans granted in June 2009. EDC is the holding company through which the Canadian federal and Ontario provincial governments provided loans to Chrysler Group. Read more »

Chrysler Group Repays US and Canadian Government Loans in Full


The Chrysler Group announced the repay of U.S. and Canadian government loans totaling $7.6 billion (€5.39 billion), more than six years ahead of schedule. More specifically, the Detroit automaker made a payment of $5.9 billion to the U.S. Treasury (UST) and $1.7 billion to Export Development Canada (EDC) to retire the loans granted in June 2009. EDC is the holding company through which the Canadian federal and Ontario provincial governments provided loans to Chrysler Group. Read more »

'Two-Face' 1967 Oldsmobile Toronado by Precision Restorations


Suppose you owned a classic car restoration business and wanted to show potential customers what you could do for them. How would you go about it? Well, Precision Restorations of St. Louis, Missouri have ingeniously answered this question by restoring exactly half a 1967 Oldsmobile Toronado.

One side of the car is as it was found: rust-flecked paint, yellowing exterior panels and torn leather. The other side, meanwhile, has been fully restored. Check out our gallery below and marvel, as we did, at some of Precision Restoration’s best work.

Read more »

'Two-Face' 1967 Oldsmobile Toronado by Precision Restorations


Suppose you owned a classic car restoration business and wanted to show potential customers what you could do for them. How would you go about it? Well, Precision Restorations of St. Louis, Missouri have ingeniously answered this question by restoring exactly half a 1967 Oldsmobile Toronado.

One side of the car is as it was found: rust-flecked paint, yellowing exterior panels and torn leather. The other side, meanwhile, has been fully restored. Check out our gallery below and marvel, as we did, at some of Precision Restoration’s best work.

Read more »

Nissan Leaf Becomes the first EV to Receive a 5-Star Euro NCAP Rating


After awarding the Mitsubishi i-MiEV with a four-star rating, Euro NCAP, which is the European equivalent of the American IIHS, crash tested its second all-electric model, the Nissan Leaf. The Japanese hatchback achieved a five-star rating, becoming the first electric vehicle to do so. Read more »

Nissan Leaf Becomes the first EV to Receive a 5-Star Euro NCAP Rating


After awarding the Mitsubishi i-MiEV with a four-star rating, Euro NCAP, which is the European equivalent of the American IIHS, crash tested its second all-electric model, the Nissan Leaf. The Japanese hatchback achieved a five-star rating, becoming the first electric vehicle to do so. Read more »

Carscoop: And we’re back online again


They say bad things happen in threes (don't go all Tosh.0 on us now - the opening picture was a random choice that has nothing to do with our dislike of BMW's all-wheel drive turn to crossovers), and that seems to be the case for Carscoop these past couple of weeks. After Google’s cloud outage that left us offline for more than 24 hours earlier this month, this week we were faced with a new technical problem followed by a computer blackout that wiped out one of our hard disks… Well, what matters is that we’re back online now and ready to provide you with the latest auto news.
Read more »

Carscoop: And we’re back online again


They say bad things happen in threes (don't go all Tosh.0 on us now - the opening picture was a random choice that has nothing to do with our dislike of BMW's all-wheel drive turn to crossovers), and that seems to be the case for Carscoop these past couple of weeks. After Google’s cloud outage that left us offline for more than 24 hours earlier this month, this week we were faced with a new technical problem followed by a computer blackout that wiped out one of our hard disks… Well, what matters is that we’re back online now and ready to provide you with the latest auto news.
Read more »

Porsche Releases Details on All-Electric Boxster E RWD and AWD Prototypes


Back in February, Porsche announced the development of three pure-electric prototypes based on the Boxster roadster, but aside from a single photo and the fact that the electric motors could produce up to 180kW/241HP, the Stuttgart-based automaker did not release any other details on the cars.

After the demonstration of the Boxster E at last week’s Michelin Challenge Bibendum in Berlin, the company decided to share more information on the test cars that are being used as part of the government-funded “Model Region Electro-Mobility Stuttgart” large-scale trial to study the everyday practicality of all-electric vehicles. Of the three Boxster E prototypes, two are rear-wheel drive and one is all-wheel drive.

Read more »

Porsche Releases Details on All-Electric Boxster E RWD and AWD Prototypes


Back in February, Porsche announced the development of three pure-electric prototypes based on the Boxster roadster, but aside from a single photo and the fact that the electric motors could produce up to 180kW/241HP, the Stuttgart-based automaker did not release any other details on the cars.

After the demonstration of the Boxster E at last week’s Michelin Challenge Bibendum in Berlin, the company decided to share more information on the test cars that are being used as part of the government-funded “Model Region Electro-Mobility Stuttgart” large-scale trial to study the everyday practicality of all-electric vehicles. Of the three Boxster E prototypes, two are rear-wheel drive and one is all-wheel drive.

Read more »

SPIED: Nissan Testing New 2012 Sunny / Versa Sedan in Europe


Our spy photographers have captured a lightly camouflaged prototype of the freshly revealed in the USA and China, Nissan Versa / Sunny series, during testing in Sierra Nevada, Spain. The prototype was a right-hand drive example with test license plates from Spain.

Aside from the odd-looking exhaust tail pipe that extends all the way to the outer corner of the rear bumper and possibly the headlamp and tail lamp designs, we didn’t notice any other styling differences compared to the North American Versa and the China market Sunny models.

Read more »

SPIED: Nissan Testing New 2012 Sunny / Versa Sedan in Europe


Our spy photographers have captured a lightly camouflaged prototype of the freshly revealed in the USA and China, Nissan Versa / Sunny series, during testing in Sierra Nevada, Spain. The prototype was a right-hand drive example with test license plates from Spain.

Aside from the odd-looking exhaust tail pipe that extends all the way to the outer corner of the rear bumper and possibly the headlamp and tail lamp designs, we didn’t notice any other styling differences compared to the North American Versa and the China market Sunny models.

Read more »

Bertone Auctions Off Some of its Most Recognizable Concepts to Avoid Insolvency


Here lies Bertone, the famed Italian automotive design house, bankrupt and on almost on the verge of death. The once legendary company was forced to sell its most prized possessions – six concept cars – to appease the bankruptcy commission and also to remain afloat. RM Auctions of London handle the sale at this past weekend’s Concorso d’Eleganza Villa d’Este 2011.

So what delectable concepts were the vultures able to get their beaks into? Well, there’s the 1967 Lamborghini Marzal that once graced the Monaco Grand Prix and is often cited as the inspiration for the Espada of the following year.

Read more »

Bertone Auctions Off Some of its Most Recognizable Concepts to Avoid Insolvency


Here lies Bertone, the famed Italian automotive design house, bankrupt and on almost on the verge of death. The once legendary company was forced to sell its most prized possessions – six concept cars – to appease the bankruptcy commission and also to remain afloat. RM Auctions of London handle the sale at this past weekend’s Concorso d’Eleganza Villa d’Este 2011.

So what delectable concepts were the vultures able to get their beaks into? Well, there’s the 1967 Lamborghini Marzal that once graced the Monaco Grand Prix and is often cited as the inspiration for the Espada of the following year.

Read more »

President Obama’s Cadillac gets Trapped on a Ramp in Ireland


The heavily armored Cadillac that U.S. President Obama relies on for short-distance travel caused an embarrassing moment during his trip in Dublin, Ireland, today when it got jammed on a ramp after exiting the U.S. Embassy's complex. The first cars from the presidential motorcade passed without problems through the gates of the Embassy, but a BMW 7-Series preceding the Cadillac slightly touched the asphalt.

The Presidential Cadillac, nicknamed ‘The Beast’, came next and hit the ground much harder and was immobilized. "There was a loud kind of bang, metal-on-metal, grinding, crunching noise and the car was stuck," an RTE reporter told the AFP.

Read more »

President Obama’s Cadillac gets Trapped on a Ramp in Ireland


The heavily armored Cadillac that U.S. President Obama relies on for short-distance travel caused an embarrassing moment during his trip in Dublin, Ireland, today when it got jammed on a ramp after exiting the U.S. Embassy's complex. The first cars from the presidential motorcade passed without problems through the gates of the Embassy, but a BMW 7-Series preceding the Cadillac slightly touched the asphalt.

The Presidential Cadillac, nicknamed ‘The Beast’, came next and hit the ground much harder and was immobilized. "There was a loud kind of bang, metal-on-metal, grinding, crunching noise and the car was stuck," an RTE reporter told the AFP.

Read more »

Hyundai Set to Become Sixth Biggest Automaker in the U.S. In 2011


In the realm of U.S. automotive sales, 8% is a magic number. When an automaker hits 8%, they know they’ve become one of the big guns. Ford, Chevrolet, Toyota, Honda, Dodge and Nissan have all made it, and 2011 is expected to be Hyundai’s year.

So sayeth market research firm Polk, and I’m tempted to agree. Hyundai and its partner-brand / internal rival Kia have steadily been evolving into truly world-class carmakers. They’re keenly priced, inoffensive to look at and comprehensively covered quality-wise – everything the vast majority of new car buyers want in this day and age.

Read more »

Hyundai Set to Become Sixth Biggest Automaker in the U.S. In 2011


In the realm of U.S. automotive sales, 8% is a magic number. When an automaker hits 8%, they know they’ve become one of the big guns. Ford, Chevrolet, Toyota, Honda, Dodge and Nissan have all made it, and 2011 is expected to be Hyundai’s year.

So sayeth market research firm Polk, and I’m tempted to agree. Hyundai and its partner-brand / internal rival Kia have steadily been evolving into truly world-class carmakers. They’re keenly priced, inoffensive to look at and comprehensively covered quality-wise – everything the vast majority of new car buyers want in this day and age.

Read more »

VW Salesman Likes to Bang and Jump on Doors


As the adage goes, there is no such thing as bad publicity and it is better to be reviled and even mocked at than to be ignored. In the case of Larry Roesch Volkswagon (that’s how the name of the German automaker is spelled on the dealer’s Youtube account), making the automotive ridiculist was intentional to grab some media and customer attention. And since we’re here talking about it, you could say that their goal has been achieved…

The VW dealer has published a series of intentionally cheap and corny commercials starring one of the company’s salesmen, Nick Pontarelli. In two of the videos, Pontarelli abuses a Volkswagen Golf GTI and a Jetta by forcefully shutting and climbing onto the doors to prove the cars' ‘German’ strength and quality. His final statement is “try that with a Hyundai or a Honda”. Watch the clips after the break.

Read more »

VW Salesman Likes to Bang and Jump on Doors


As the adage goes, there is no such thing as bad publicity and it is better to be reviled and even mocked at than to be ignored. In the case of Larry Roesch Volkswagon (that’s how the name of the German automaker is spelled on the dealer’s Youtube account), making the automotive ridiculist was intentional to grab some media and customer attention. And since we’re here talking about it, you could say that their goal has been achieved…

The VW dealer has published a series of intentionally cheap and corny commercials starring one of the company’s salesmen, Nick Pontarelli. In two of the videos, Pontarelli abuses a Volkswagen Golf GTI and a Jetta by forcefully shutting and climbing onto the doors to prove the cars' ‘German’ strength and quality. His final statement is “try that with a Hyundai or a Honda”. Watch the clips after the break.

Read more »

Lamborghini CEO Hints at New "Everyday" Model Fueling Rumors about the Estoque


Italian sports car manufacturer Lamborghini plans to add an "everyday" model to its lineup, according to a report from Reuters quoting the firm’s CEO Stephan Winkelmann. The Lamborghini executive believes the luxury super sportscar market will return to the record levels seen in 2007 by 2013-2014. In 2007, some 35,000 super sports cars were sold, compared with around 26,000 in 2010.

Read more »

Lamborghini CEO Hints at New "Everyday" Model Fueling Rumors about the Estoque


Italian sports car manufacturer Lamborghini plans to add an "everyday" model to its lineup, according to a report from Reuters quoting the firm’s CEO Stephan Winkelmann. The Lamborghini executive believes the luxury super sportscar market will return to the record levels seen in 2007 by 2013-2014. In 2007, some 35,000 super sports cars were sold, compared with around 26,000 in 2010.

Read more »

Report: Next Holden Commodore VF to get Aluminium Panels, Electric Power Steering


*Current Holden WM Caprice pictured in the above development sketch

When Holden’s next-generation VF Commodore series launches in Australian in 2014, it will be the first locally-produced automobile to incorporate mass produced aluminium panels in its construction. In addition, the new large car, which will also spawn a long-wheelbase Caprice model, will get improved aerodynamics and electric power steering in place of the current-gen’s hydraulic unit. It’s all part of an effort by Holden to lighten up its flagship model and thereby make it more fuel efficient in an effort to remain competitive with the likes of the locally-produced Toyota Camry Hybrid.

Fuel savings are expected to be around the 7% mark, bringing the 9.1lt /100 km (26 mpg) combined rating of the 3.0 L V6 SIDI down to a more politically-correct 8.4 lt/ 100 km (28 mpg). Similar savings will be experienced with the older 3.6 L Alloytec V6: 9.1 lt / 100 km (26 mpg) down from 9.8 lt / 100 km (24 mpg). The program is part-funded by the Australian federal government, which poured AU$39.8 million in from the now defunct Green Car Innovation Fund.

Read more »

Report: Next Holden Commodore VF to get Aluminium Panels, Electric Power Steering


*Current Holden WM Caprice pictured in the above development sketch

When Holden’s next-generation VF Commodore series launches in Australian in 2014, it will be the first locally-produced automobile to incorporate mass produced aluminium panels in its construction. In addition, the new large car, which will also spawn a long-wheelbase Caprice model, will get improved aerodynamics and electric power steering in place of the current-gen’s hydraulic unit. It’s all part of an effort by Holden to lighten up its flagship model and thereby make it more fuel efficient in an effort to remain competitive with the likes of the locally-produced Toyota Camry Hybrid.

Fuel savings are expected to be around the 7% mark, bringing the 9.1lt /100 km (26 mpg) combined rating of the 3.0 L V6 SIDI down to a more politically-correct 8.4 lt/ 100 km (28 mpg). Similar savings will be experienced with the older 3.6 L Alloytec V6: 9.1 lt / 100 km (26 mpg) down from 9.8 lt / 100 km (24 mpg). The program is part-funded by the Australian federal government, which poured AU$39.8 million in from the now defunct Green Car Innovation Fund.

Read more »

Real Life Grand Theft Auto with Man Stealing Police Car and Crashing it into a Truck


Today's video find contains three things: a police vehicle, a dangerous individual and a high-speed run that could answer the question what would Grand Theft Auto look in real life. It all started on Friday, March 13 when 38-year-old Arthur Lee Thompson allegedly attempted to steal a computer from a Walmart store in Summerville, South Carolina. According to the report, when faced by the store manager, he purportedly punched him in the mouth and took off in a green Jeep Grand Cherokee.

The police were called in to investigate and it didn’t take long for an officer to locate Thompson and pull him over. From there on, the entire incident was caught on film by the police cruiser’s inboard camera.

Read more »

Real Life Grand Theft Auto with Man Stealing Police Car and Crashing it into a Truck


Today's video find contains three things: a police vehicle, a dangerous individual and a high-speed run that could answer the question what would Grand Theft Auto look in real life. It all started on Friday, March 13 when 38-year-old Arthur Lee Thompson allegedly attempted to steal a computer from a Walmart store in Summerville, South Carolina. According to the report, when faced by the store manager, he purportedly punched him in the mouth and took off in a green Jeep Grand Cherokee.

The police were called in to investigate and it didn’t take long for an officer to locate Thompson and pull him over. From there on, the entire incident was caught on film by the police cruiser’s inboard camera.

Read more »

China Becomes Bentley's No. 2 Market after Record Breaking Q1 Sales


Bentley Motors sold 396 cars in Mainland China (excluding Hong Kong and Macau) in the first four months of 2011, an all-time record result for the Asian market. With this number, Bentley broke its previous record set just last year, by an amazing 66 percent increase in sales.

Read more »

China Becomes Bentley's No. 2 Market after Record Breaking Q1 Sales


Bentley Motors sold 396 cars in Mainland China (excluding Hong Kong and Macau) in the first four months of 2011, an all-time record result for the Asian market. With this number, Bentley broke its previous record set just last year, by an amazing 66 percent increase in sales.

Read more »

Video: Sights and Sounds of the Aston Martin V12 Zagato


Having brought you a first look at the winner of the design award for Concept Cars and Prototypes at this year’s edition of the Concorso d’Eleganza Villa d’Este in Italy, it is now time to show you the Aston Martin V12 Zagato in the flesh and on film. The concept study is a V12 Vantage draped in an aluminum Italian suite, and it will spawn a racing model that will compete in the 24-hour Nurburgring endurance race in late June as well as a limited run production version, scheduled for launch within the next year.

Follow the jump to get a look of the supercar’s lines and a taste of the brutal sounds produced by Aston Martin’s 517-horsepower 6.0-liter V12 engine in our collection of videos.

Read more »

Video: Sights and Sounds of the Aston Martin V12 Zagato


Having brought you a first look at the winner of the design award for Concept Cars and Prototypes at this year’s edition of the Concorso d’Eleganza Villa d’Este in Italy, it is now time to show you the Aston Martin V12 Zagato in the flesh and on film. The concept study is a V12 Vantage draped in an aluminum Italian suite, and it will spawn a racing model that will compete in the 24-hour Nurburgring endurance race in late June as well as a limited run production version, scheduled for launch within the next year.

Follow the jump to get a look of the supercar’s lines and a taste of the brutal sounds produced by Aston Martin’s 517-horsepower 6.0-liter V12 engine in our collection of videos.

Read more »

Feds Won’t Pay the Bill for a Ferrari F50 Wrecked by an FBI Agent


Back in 2009, an FBI agent made headlines after crashing a rare $750,000 Ferrari F50 that had been stored in a government impound lot. The story has it that the Italian supercar was stolen from a Pennsylvania dealer in late 2003, and while the insurance company paid off on the loss, the F50 was eventually found in August of 2008 in Kentucky. The V12-powered model from Maranello was then impounded and kept in Lexington, Kentucky, as part of an active criminal investigation. And here’s where the story gets interesting.

In May of 2009, FBI agent Fred Kingston invited Assistant U.S. Attorney J. Hamilton Thompson for a “short ride” in the 1995 Ferrari F50, of which 349 were ever made with only 50 coming to the States. Unfortunately, the joy ride was cut short after the driver lost control of the Italian supercar.

Read more »

New Mercedes-Benz GL-Class Grand Edition ups the Luxury Ante


While Mercedes-Benz’s GL-Class isn’t short of luxury, the automaker has presented a new variant called Grand Edition that caters to the needs of buyers desiring a little extra opulence. The packaged adds numerous features, including 20-inch special light-alloy wheels, two-tone leather seats with a new design and wood trim in black ash.

Read more »

New Mercedes-Benz GL-Class Grand Edition ups the Luxury Ante


While Mercedes-Benz’s GL-Class isn’t short of luxury, the automaker has presented a new variant called Grand Edition that caters to the needs of buyers desiring a little extra opulence. The packaged adds numerous features, including 20-inch special light-alloy wheels, two-tone leather seats with a new design and wood trim in black ash.

Read more »

Toyota Mulling a Larger Hybrid Minivan than the Prius V with Seating for Seven


The all-new Prius V five-seater minivan isn’t due to arrive in U.S. showrooms until this fall, yet Toyota is already looking into the development of a larger model capable of seating seven passengers as well as carrying their luggage, according to Bob Carter, Toyota Division general manager. The larger Prius won’t be based on the Japanese market Prius Alpha nor the European specification Prius+, both of which pack a retractable third row of seats into the Prius V’s cargo area.

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Toyota Mulling a Larger Hybrid Minivan than the Prius V with Seating for Seven


The all-new Prius V five-seater minivan isn’t due to arrive in U.S. showrooms until this fall, yet Toyota is already looking into the development of a larger model capable of seating seven passengers as well as carrying their luggage, according to Bob Carter, Toyota Division general manager. The larger Prius won’t be based on the Japanese market Prius Alpha nor the European specification Prius+, both of which pack a retractable third row of seats into the Prius V’s cargo area.

Read more »

Aston Martin V12 Zagato is the Winner of this Year’s Concorso d’Eleganza Design Award


The world premiere of the new Aston Martin V12 Zagato, which took place at the Concorso d’Eleganza Villa d’Este 2011 this past weekend on the shores of Lake Como in Italy, was marked by the design award for Concept Cars and Prototypes. The conceptual model, which was created to celebrate the Aston Martin and Zagato partnership in the 50th anniversary year of the famous DB4GT Zagato, won the approval of the visitors to the Concorso D’Eleganza event.

The competition in the Concept Cars and Prototypes category included BMW’s new 328 Homage Roadster, the Ferrari Superamerica 45, Audi Quattro, Mercedes CLS Shooting Brake, Infiniti Etherea, Italdesign VW GO!, Rinspeed Bamboo, Renault DeZir and the Scuderia P4/5.

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