Thanks to a speedy exit from Chapter 11 bankruptcy, Chrysler’s residual values have rebounded faster than expected. Chrysler’s resale values dipped 6 percent after the Michigan automaker filed for bankruptcy in May, but the company’s residuals have since rebounded by as much as 5 percent.
New car price quote
Zero obligation price quote from a trusted local dealer.
After months of spy photos and teaser images and videos, Jaguar has finally taken the wraps off its 2010 XJ flagship sedan. As expected, the new XJ’s styling is radically different and far more modern than the current car, taking a healthy dose of influence from Jaguar’s XF line.
The Lexus IS convertibles – the IS 250C and IS 350C — have only been on the market for about a month now, but demand is already starting to outstrip supply. Orders for the IS C models have flooded Toyota’s Kyushu plant, leaving U.S. dealers in short supply.
Cadillac’s new SRX must be giving people in Detroit neck pains. Spend a few days behind the wheel of General Motors’ latest luxury crossover and you’ll see the same neck-snapping reaction from other drivers intent on getting a look at the stylish new Caddy.
This September’s Frankfurt Motor Show will be light by at least two new model reveals as Audi has reportedly pulled its A1 mini car and next-generation A8 flagship sedan from the German show. Audi will instead use the Frankfurt show to display its new A5 Sportback.
Blue has managed to become the new green in the automotive world– thanks to environmentally friendly nameplates such as Bluetec, Bluemotion, i-Blue and BlueSport – but General Motors is reportedly considering changing its corporate logo from blue to green to show its new commitment to eco-friendly products.
Our spy photographers have once again happened upon MINI’s upcoming Crossman, giving us our best look at the crossover to date. Although the crossover isn’t at 100 percent yet, it is obvious that MINI toned-down the Paris Motor Show Concept a bit, and added Clubman-type rear doors.
Unique holiday gift only $12.95. Brilliant new book on our President-elect. Democracy and Self-Organization: The Change of Which Barack Obama Speaks. Concise, In-depth, Extraordinary. What a gift! Click here for more..
Moving ahead with its range-extending electric vehicle plans, Fisker has signed Quantum Fuel Systems Technologies Worldwide Inc. to a $10.2 million contract. Per the terms of the contract, Quantum will supply Fisker with its Q-Drive system and will also help the California automaker with future drivetrain development.
For those without the extra cash to fully upgrade to the X6 M, BMW is readying a new M Sport package for the big crossover. Following in the footsteps of the recently announced M Sport package for the 7-Series, the X6 M Sport will add plenty of visual upgrades, but will also include a healthy dose of power.
More than 3,100 General Motors and Chrysler dealers could be in line for a new lease on life as a House bill to overturn dealer closing passed a House committee vote last night. The bill, part of larger spending bill, will move to the House floor next Wednesday.
There are plenty of vehicles on the market capable of comfortably hauling five humans and a load of cargo all while towing a Prius, but until General Motors launched its second-generation hybrid pickups, like the GMC Sierra Hybrid, no offering could boast midsize sedan in-town fuel economy with the Prius and trailer unhitched.
Just days after closing up shop, Karmann — the Osnabrueck, Germany-based coachbuilder best known for the Karmann Ghia – could be set for a comeback. Karmann has reported inked a model development deal with Volkswagen worth at least $14 million.
Lexus currently offers a range of F-Sport products for its IS C convertible models – the IS 250C and IS 350C – but even in hopped up F-Sport guise, the Lexus drop tops still leave plenty to be desired in the performance category. However, Lexus will reportedly add a bit of spice to the IS C lineup with an open air version of the IS F.
Finally joining the hybrid party, Hyundai launched its first hybrid vehicle today in its domestic market of South Korea. Dubbed the Elantra LPI, Hyundai’s first hybrid uses liquefied petroleum gas (LPG) and a set of lithium-ion polymer batteries.
If several consumer groups have their way, used Chrysler vehicle could soon come with a warning sticker. Under the terms of its Chapter 11 bankruptcy filing, Chrysler shed its liability for any defective vehicles produced before May 30th, potentially putting thousands of consumers at risk.
Subaru’s 2010 Legacy isn’t on sale in North America just yet, but the thoroughly revised all-wheel-drive sedan and wagon is already finding its way into garages in its home market of Japan. Subaru says it sold 7,018 2010 Legacys between the car’s May 20 on sale date and June 21 – more than double the 3,000 the automaker had anticipated selling.
The current economic meltdown has resulted in the dramatic drop off of new car sales, but at least one automaker has managed to find a silver lining. Nissan says the timing for the market collapse couldn’t have come at a better time, with the company’s green initiative lining up perfectly with government stimulus packages.
General Motors’ June 1st Chapter 11 bankruptcy filing was likely behind the automaker’s sharp drop off in June sales, but some global markets appear to be well insulated from the Detroit automaker’s precarious financial position.
The Genesis Coupe current holds the position of Hyundai’s sporty offering, but a second sports coupe will join the automaker’s lineup by 2011. The new coupe will fill the void left by the departure of the Hyundai Tiburon and will be heavily influenced by the company’s Veloster concept.
Tesla hopes to tap into the world’s right-hand-drive markets, namely the United Kingdom, India, Japan and Australia, by offering its electric Roadster with the steering wheel on the right-hand side. Though Tesla has already announced that it plans to open a dealership in London, offering a model tailored to the market will undoubtedly help sales.
Please note that you need to log in with your user name and password before you can leave comments.
Forgot your Password?
Don't have a user name yet? Click here to register now.
Simply fill in the form below and click the link provided in the confirmation email. You must supply a valid email address to complete the registration process.
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is updated throughout the day with the very latest auto news - as it happens.
Leftlane also provides consumers with accurate and media-rich information on every car currently on the market. In-market shoppers can review specs, read overviews, view high-resolution images, watch videos, and estimate pricing. No other automotive publication brings together the same degree of timeliness, thoroughness and accuracy as Leftlane.