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Kia plots rear-wheel-drive strategy
Mon, 13 Feb 2012Kia is going rear-wheel drive. The company's first-ever production rear-wheel sedan will launch in Korea in the first half of this year. It's code-named “KH,” and it shares a platform with the Equus, Hyundai's top-of-the-line RWD sedan.
Banks and Dallenbach ready for Pikes Peak with 1,400 hp
Thu, 09 Aug 2012Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.
Chrysler announces employee pricing, $6,000 rebates
Fri, 23 Jan 2009Chrysler LLC, reeling from plunging U.S. sales and bulging inventories, will offer all customers the same prices paid by employees and boost rebates to as much as $6,000. The program, called "Employee Pricing Plus Plus," begins Monday on Jeep, Dodge and Chrysler models.