Looking for a uniquely British experience? 51 Buckingham Gate, Taj Suites and Residences has you covered. Located in London, just around the corner from the Buckingham Palace, this luxury hotel has just announced the addition of a Jaguar-themed suite. The 1,832 square foot abode is part of an exciting collaboration between Taj Hotels Resorts and… Continue Reading...
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Toyota’s all-new Camry will blitz the US market to regain sales lost after three years that included a recession, recalls and an earthquake. The new Camry was unveiled on Tuesday and is the first of 20 new and refreshed Toyota, Lexus and Scion models arriving by early 2013. Along with the Camry, Toyota this year… Continue Reading...
It looks as though the drivers are just as excited as we are for this showdown. In this teaser trailer three all-new BMW M5’s lap the famous race track accompanied by a helicopter filming in HD. The video is set to come out tomorrow and from the looks of it, will not disappoint. The M5 has been… Continue Reading...
Maserati and luxury goods maker Fendi have teamed up to design a masterpiece of technology and craftsmanship, the Maserati GranCabrio Fendi. The GranCabrio features a three-layered body color named Grigio Fiamma Fendi, and is a special dark grey with an iridescent golden finish on the surface. The Pergamena Fendi wood trim runs across the width of the… Continue Reading...
Sweden’s debt agency is claiming they have successfully investigated a handful of Saab bank accounts with some success. On Friday, the agency uncovered $796,291 which is enough to cover debts owed to the first four companies waiting for payment. The debt agency has contacted other banks holding Saab accounts in order to understand exactly where the Swedish automaker stands…. Continue Reading...
The world’s oldest surviving production Bentley was sold through the Gooding & Company auction at Pebble Beach Concours d’Elegance for $962,500. The 1921 3-liter chassis number 3 was sold 90 years ago to Noel Van Raalete, Bentley’s very first customer, for £1,150. The Bentley was a show-stopper, featuring ‘matching numbers’ with original aluminum coachwork and brass… Continue Reading...
German investment banker and millionaire, Stephen Korbach has started a new Gemballa racing team, which will be competing in the 2012 motor sport season with two McLaren MP4-12C GT3s. Korbach has asked Sascha Bert to act as team manager for the motor sport involvement. “Sascha Bert is an absolute pro and is ideally qualified to… Continue Reading...
The annual Pebble Beach Concours d’Elegance is known to attract some priceless classics, but this year, this 1957 Ferrari 250 Testa Rossa prototype took the cake. Gooding and Company, a well known auction house, was catapulted into the record books last week, selling the 250 TR for $16.4 million. This price was the highest ever realized for… Continue Reading...
MINI’s new Goodwood model was unveiled at the world-famous Pebble Beach Concours d’Elegance in California this week. The MINI Goodwood is an exclusive special edition which has been produced in close collaboration with the Rolls-Royce Motor Cars design team. This is a car that drips of automotive luxury and exclusivity in its highest form. The… Continue Reading...
In 2010, the world’s vehicle population hit one billion which works out to be roughly one car for every seven people. Reports conclude that China fueled half of the global growth, as it passed Japan for the world’s second largest vehicle population, with 28 million cars on the road. India’s vehicle population has increased by… Continue Reading...
The Pebble Beach Concours d’Elegance is in full swing, and Lotus has just unveiled the Exige Matte Black Final Edition, a special model reserved exclusively for the North American Market. The Exige Matte Black Final Edition will premier within the Lotus exhibit on Peter Hay Hill on August 18-21. Lotus will only produce twenty-five Exige… Continue Reading...
Singapore billionaire Peter Lim has made a “significant investment” in British sports car maker McLaren, the company said. With his contribution, Lim has joined McLaren Automotive’s board with immediat effect. Forbes ranked him the eighth richest person in Singapore, with an estimated fortune of 1.8 billion. “Peter Lim’s track record in Asia as a highly… Continue Reading...
Sweden’s regulators started the collection process against Saab Automobile after the struggling automaker failed to meet a Tuesday deadline to pay two suppliers. ”We’ve just begun by looking at what kind of bank accounts they have and what kind of collateral there might be” in the process that started Wednesday, Tommy Barkman, a case worker… Continue Reading...
This year marks a major milestone for the Chevrolet brand. This fall, marks the 100th anniversary of the automaker and, the company expects to build its one-hundred millionth small-block V8 this fall. Chevy is not sure which engine will mark the 100 millionth number, nor does the company know where it will end up (Corvette?… Continue Reading...
In 2010, Volkswagen took a twenty-percent stake in Suzuki, and virtually no progress has been made from the alliance since then. Neither side has been thrilled with the coalition and the two automakers have even stated cultural differences as being a factor in the failed relationship. Both automakers had different goals: VW wanted to expand… Continue Reading...
With the Pebble Beach Concours d’Elegance kicking off tomorrow in Monterey, California, hundreds of collectible cars will be up for sale. There will be at least five auctions slated for this week, put on by Bonhams, Gooding & Company, Mecum, RM and Russo and Steele. Collector car insurance company Hagerty has compiled the estimated net worth of every car… Continue Reading...
Poor Saab can’t catch a break. Last week Saab’s European supplier were putting pressure on the Swedish automaker to declare bankruptcy, and this week the car company has pulled out of next months Frankfurt auto show, due to a lack of finances. A Saab spokesperson explained that the car-maker will concentrate its resources on restarting production at… Continue Reading...
Hyundai plans to launch three new or refreshed models in the next year including the i30 (known here as the Elantra Touring), the new Santa Fe and the revised i20. All three vehicles will make their official debut at next months Frankfurt auto show. The Korean automaker has not released much information on the Santa… Continue Reading...
Maserati is recalling 2009 model year Quattroporte and GranTurismo vehicles, over inadequate rear tie-rods that could fail. The recall is affecting 763 vehicles that were built between July and September 2008. A failed tie-rod could lead to a loss of vehicle control, increasing the risk of a crash. Maserati dealers will replace the poorly installed… Continue Reading...
Tata Motors, the owner of Jaguar Land Rover, is suffering from slumping sales as the first-quarter profits are released. Tata’s Indian passenger car sales fell and Jaguar deliveries have also decreased. Surprisingly, however, Tata’s net income rose to twenty billion rupees in the three months ending on June 30th. This is up from 19.9 billion rupees a… Continue Reading...
Next year, the UK’s National Motor Museum will stage the largest exhibition of James Bond cars ever displayed. The exhibition will run at the museum through 2012 and will include some of the most famous vehicles from the movies, to celebrate fifty years of the film franchise. Some of the heavy hitters will include the… Continue Reading...
Swedish Automobile, owner of financially-stricken Saab, is being pressured by European suppliers to declare bankruptcy, hoping the threat will pressure the automaker to pay back debts. Saab production came to a halt in April, with suppliers refusing to deliver components because they were not being properly paid. Spanish auto panels maker Matrici S. Coop prepared a bankruptcy request,… Continue Reading...
Chrysler’s Ram truck brand will expand its advertising into Wal-Mart stores throughout the U.S. this fall. Dodge Ram advertisements will be in thousands of Wal-Mart stores and will integrate Mossy Oak camouflage, another of Ram’s partners into the promotion. “We recognize the alignment between truck buyers, the hunting/fishing lifestyle and Wal-Mart,” said Marissa Hunter, head of Ram advertising…. Continue Reading...
Nissan’s has built a Catamaran to compete in the 2011 Class A Catamaran World Championship from August 13- 20 in Skødstrup, Denmark. Matt Struble, led the design and modeling team at Nissan Design America (NDA) and will be racing the boat. The Class A Catamaran is controlled by a single sailor and is the smallest size of all… Continue Reading...