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United States, United States
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New 2013 Porsche Macan revealed
Fri, 18 Oct 2013The new Porsche Macan has been revealed – and the smaller SUV sibling to the hit Porsche Cayenne is all set to become another Porsche best-seller… but will it be a Range Rover Evoque beater? In a surprise reveal, the covers have been almost completely removed from the new Porsche Macan compact SUV, prior to its public debut at the 2013 LA Motor Show later in November. What emerges is an SUV that’s a clear evolution of the Porsche Cayenne, but which is also sportier, more sculptural and, well, more Porsche-like.
Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.
2014 Cadillac XTS Vsport priced at $63,020
Mon, 24 Jun 2013We knew the 2014 XTS Vsport would get twin-turbo power, but now Cadillac has officially revealed the pricing and specs for the new high-powered XTS at a healthy $63,020, including destination. The 3.6-liter twin-turbo V6 delivers 410 hp and 369 lb-ft of torque and has an array of new features, including all-new cylinder block casting, strengthened connecting rods, more than 12 lbs. of boost from the two turbochargers and an all-new direct-injection fuel system.