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Ford's Mulally gets warm reception at CES
Fri, 07 Jan 2011Ford CEO Alan Mulally introduced the Focus electric at the 2011 Consumer Electronics Show on Friday in a presentation that was short on details about the car and long on cures for range anxiety. That's partly because Ford is saving details about the car for next week' Detroit auto show, and partly because range anxiety figures to be a major reason for all but the most committed customers to avoid electric vehicles like the Ford Focus electric. Mulally managed to avoid using the term, but said Ford is confronting range anxiety head-on.
Ferrari sets price for the 458 Spider
Tue, 27 Sep 2011Ferrari has set the price of the 458 Spider at $257,000, with U.S. sales to start in January, In Europe, the sports car will cost 226,800 euros, or $309,000 at current exchange rate. Sales begin in October.
Saab shutdown would doom new 9-5, 9-3 models
Tue, 12 Jan 2010The new Saab 9-5 sedan and a proposed replacement for the 9-3 will be killed off if General Motors Co. winds down its Swedish subsidiary, AutoWeek has learned. The new 9-5, a longer-wheelbase version of the Opel Insignia and the Buick Regal, is poised to go down in the annals of automotive history as a major rarity--a design that was fully tooled for production yet never got built.