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Lexus teases Frankfurt SUV concept (2013)
Tue, 20 Aug 2013Lexus has released the first picture of what’s expected to be its new SUV concept car, bound for the Frankfurt motor show in September 2013. Clearly set to employ the sharp-creased design and huge ‘spindle grille’ cues from the current Lexus range – not to mention the LF-LC coupe concept – Lexus is nevertheless staying tight-lipped on details of its new model. We’ll see the car revealed completely in early September.
2015 Corvette Stingray will get an eight-speed automatic transmission
Tue, 08 Apr 20142015 Corvette Stingray buyers will have a new transmission option when they head to dealer lots next year: An eight-speed automatic that will supposedly weight less than the six-speed it replaces and boasting quicker shift times than the dual-clutch in the Porsche 911. Named the 8L90, this eight-speed will be built in Ohio and will also be found on the upcoming Corvette Z06. If the gearbox is capable of handling the 625 hp put down by that supercharged beast, we're sure it'll take on the regular Stingray's 455 hp without breaking a sweat.
Ford completes sale of Volvo to China's Geely
Mon, 02 Aug 2010Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.