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GM Gives SRX Cadillac a New Look

General Motors Corp., on a mission to expand its lineup to include more fuel-efficient offerings, will introduce a new Cadillac crossover at the Detroit auto show next week. It replaces the SRX model, first launched in 2004.

To help compete with better-selling rivals like Toyota Motor Corp.’s Lexus RX, Honda Motor Co.’s Acura MDX and BMW AG’s X3 and X5, the SRX’s designers incorporated elements from other Cadillac models. The new SRX looks faster than its boxy predecessor, with a curving roofline and a more rounded nose that still retains an aggressive look.
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2009 Detroit Auto Show: 2010 Ford Mustang Shelby GT500

What is it?
2010 Ford Mustang Shelby GT500

What’s special about it?
Like the new Ford Mustang GT and V6 models introduced at the 2008 Los Angeles Auto Show, the 2010 Shelby GT500 to be introduced at the Detroit auto show in January is far from an all-new car.
2010fordmustangshelbygt50010fordshelbygt500340jpgimg
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Public sector banks rule out rate cut on auto loans

State-run banks are not planning to give automobile loans at concessional interest rates despite a suggestion from the department of
heavy industry (DHI) to create a special package for the auto industry to boost demand. [Read the rest of this entry...]

Ford Fusion Hybrid

The all-new Ford Fusion Hybrid is now officially America’s most fuel efficient mid-size car with a certified 41 mpg rating in the city and 36 mpg on the highway, topping the Toyota Camry hybrid by 8 mpg in the city and 2 mpg on the highway.

“The new Ford Fusion Hybrid not only significantly exceeds the competition but also embodies Ford’s 100 percent commitment to fuel efficiency leadership, quality, innovation and advanced technology,” said Derrick Kuzak, group vice president, Global Product Development. “The Ford team set the bar high – to develop America’s most fuel efficient mid-size sedan – and that’s what they delivered.”

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Loans are reasonable deal for automakers

President Bush made it clear last Friday morning that he was not eager to lend federal money to General Motors and Chrysler. Unlike Senate Republicans, though, Bush saw that the alternative to an auto industry loan was a chaotic collapse that would cripple the national economy.
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BMW M1 Hommage

BMW has revealed details about a green supercar that will have it’s starting point on the M1 Hommage. The eco-friendly BMW could be even on the market by 2012. The car

is set to show off all of BMW’s environmental qualifications, perhaps giving this segment the luxurious touch it needs. Technology that’s being used on this vehicle could include stop-start systems, direct injection and recharge braking. [Read the rest of this entry...]

CerberCerberus offers up stake in Chrysler

Cerberus Capital Management, current majority stake holder in Chrysler, is offering its entire equity stake in the carmaker to help it restructure and gain federal loans. The move is also designed to comply with one of the provisions in the Presidential loans initiative, which was approved late on Friday by President Bush. The loans require Chrysler to reduce its debt load, and Cerberus’ offer of its 80.1% equity stake should help with this. [Read the rest of this entry...]

Mercedes-Benz’s Delivers 1.5 Million E-Class Models

As the seventh generation of Mercedes-Benz’s venerable mid-size, mid-luxury sedan winds down, the firm is proud to announce that it’s produced 1.5 million units of the E-Class since its introduction six years ago. Broken down by body style, there were 1,270,000 sedans delivered to customers and 230,000 wagons.Germany and the U.S. represented the strongest market for the latest generation E-Class, with each country taking approximately 25 percent of total production. Most popular models were the E 220 CDI and E350. Mercedes launched its clean diesel BlueTEC technology in this E-Class, specifically the ‘07 E 300 BlueTEC available in Europe. [Read the rest of this entry...]