The mortgage meltdown and the financial crisis on Wall St. is one of the biggest stories of the decade, but another serious problem is hitting automakers in very much the same way. All those real estate agents and mortgage brokers that reaped the rewards of the housing boom are losing their Bimmers and Lexuses because [...]

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While a V10-powered Challenger is devilishly delectable, our Mopar-loving hearts beat for something a bit more balanced with a healthy dose of motorsports cred. To that end, Dodge created the Challenger Targa to campaign in the Targa Newfoundland enduro earlier this year.
Affectionately known as “Samantha,” the Challenger began its existence as a Mopar Challenger drag [...]

American cars that originate from Europe have been doing well. Look at the Saturn Sky. or the aura. Ford is gonna do the same
Ford has promised that the Mercury brand will live on in a way that sets the marque apart from it’s Blue Oval-badged siblings. Many Autoblog readers have commented that [...]

Vehicle owners behind in their payments and faced with mounting debts have begun taking matches to their cars and trucks in an effort to stop their payments and collect the insurance settlements. Unfortunately, in most cases the attempts backfire (pun intended). According to police, when delinquencies on auto loans rise, owner-involved arson jumps as well. [...]

Bob Nardelli, Chrysler’s current CEO, has given his employees the closest thing to an admission as we are likely to see that the company has been in serious negotiations with other automakers regarding future product plans and possibly even mergers. As has been widely reported over the weekend, Chrysler has apparently had discussions with General [...]

Rumors of RUF’s impending electric Porsche were true, except that the actual vehicle is based on a Porsche 911, not the Cayman as previously reported. Powered by a three-phase electric motor that offers about 200 horsepower along with an impressive 480 lb.-ft. of torque, the eRUF Model A can reportedly hit 60 miles per hour in [...]

The beating General Motors and Ford took on Wall St. yesterday has people loosely throwing around the word “bankruptcy” this morning. GM made its position clear in a statement just released (read in full after the jump) that “bankruptcy protection is not an option.” It’s true that both automakers are in a bad way after [...]

Despite the fact there is no real “Official ‘Ring Record” for production cars, manufacturers never miss the chance to time their fastest cars as they lap the famous German race track. After all, there’s a great bit of marketing to be had by claiming that your car is faster than everything else. Maserati realizes this [...]

One thing’s for sure, General Motors is not very good at playing the real estate market. Last May the world’s biggest automaker finally bought its world headquarters in downtown Detroit called the Renaissance Center for the sum of $626 million. It had initially bought into the complex of seven buildings back in 1996 for $75 [...]

With GM facing well-publicized challenges — along with just about everyone else who needs a little thing called money — certain high-profile and expensive programs are crowding up on the back burner. Even America’s sports car, the Corvette, is not exempt, with CAFE regulations clouding the view inside the ‘Vette Nation’s crystal ball.

Motor Trend, commenting [...]