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Ferdinand Alexander Porsche celebrates 75th Birthday
Wed, 08 Dec 2010One of the most prolific names and designers within the Porsche franchise is celebrating his 75th birthday this week. In honor of this event, CDN brings you a brief summary of his work and life so far. Ferdinand Alexander Porsche, son of Ferdinand ‘Ferry' Anton Ernst Porsche, was submerged in all things automotive and design related from a young age.
Toyota increases U.S. prices an average of 1.7 percent on most models
Fri, 01 Apr 2011Toyota Motor Sales U.S.A. Inc., coping with a rising yen and an earthquake-shattered supply chain, announced price increases today that average 1.7 percent for many 2011 Toyota, Scion and Lexus models. The increases range from $65 for the small imported Scion xD, to $900 for two of its larger vehicles, the Toyota Land Cruiser and Sequoia SUVs, as well as several Lexus models.
BMW set to go front-wheel drive
Wed, 17 Mar 2010BMW chairman Norbert Reithofer has confirmed that the German carmaker will introduce a new front-wheel-drive entry-level model positioned and priced below the existing 1-series as part of plans to help increase part sharing and to bolster the potential for production savings between the BMW and Mini brands, thus bringing an end to the era of rear- and four-wheel-drive-only BMW models. Speaking to AutoWeek at the Geneva motor show, Reithofer said internal BMW studies revealed that despite the downturn in the world's economy, there was continued demand for what he described as "premium vehicles" in the small-car class, before officially acknowledging plans that will see BMW produce a rival to the recently unveiled Audi A1 and a new Smart Forfour presently under development at Mercedes-Benz. "We will be extending the BMW and Mini brands into the small-car segment with new models and variants," he said.