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Porsche says Panamera avoids gas-guzzler tax
Thu, 10 Sep 2009Few expenses were spared in conceiving the Porsche Panamera, but consumers will avoid at least one cost of ownership: the ignominious gas-guzzler tax. Porsche has announced ratings for the 2010 sedan; it will get a combined figure of 18 mpg or 19 mpg from the EPA, depending on the model. This means Porsche’s four-door foray will avoid a fairly substantial cost of ownership--a tax of up to $7,700 is levied on the most prolific guzzlers.
Alfa Romeo roadster to be twinned with Mazda MX-5
Wed, 23 May 2012Mazda and Fiat today announced a new deal to develop future sports cars jointly. A new affordable Alfa Romeo roadster will be built - in Japan - from 2015. The non-binding memorandum of understanding covers the development and manufacturing of a new roadster for the Mazda and Alfa Romeo marques based on Mazda’s next-generation MX-5 rear-wheel-drive architecture, according to the statement issued this morning.
Reports that General Motors will sell Opel dismissed as 'nonsense'
Thu, 09 Jun 2011German press reports that General Motors Co. is putting its European unit Opel/Vauxhall up for sale were dismissed as speculation by the division and as "nonsense" by a German state with an Opel factory. The magazines Auto Bild and Spiegel reported that GM is considering putting Opel up for sale as management is losing confidence that its European arm will return to profitability.