The Carlovers Magazine

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• Toyota May Idle All Plants in North America
• Spyker: Saab Not on “Verge of Collapse”
• GM CEO Gets $1.4 Million Stock Award
• American Traffic Deaths Drop for Fifth Straight Year
• Rising Materials Costs Prompt Ford to Hike U.S. Prices
• New Lincoln Team Charged with Reviving Brand
• Auto Sales in Japan Plunged in March
• Quake Boosts Generator Sales for Japanese OEMs
• GeigerCars Ford Mustang Shelby GT640 Golden Snake
• 2012 Audi TT RS – Short Take Road Test

Toyota May Idle All Plants in North America Posted: Toyota Motor Corp. is "highly likely" to suspend manufacturing at all 14 of its North American factories later this month because of a shortage of parts caused by the 11 March earthquake in Japan, says Kyodo News, which cites unidentified company officials. Toyota acknowledges that some production interruptions are likely. But [...]

Spyker: Saab Not on “Verge of Collapse” Posted: Spyker Cars N.V. CEO Victor Muller tells reporters in Sweden that the company's Saab Automobile unit "is not on the verge of collapse" and insists the company is close to resolving worries about future funding. He adds that Saab's top priority is to avoid bad publicity. Muller also dismissed as "a [...]

GM CEO Gets $1.4 Million Stock Award Posted: General Motors Co. has granted CEO Dan Ackerson 42,400 stock units worth $1.4 million as part of the $9 million in compensation the company agreed to pay him in 2010. GM said it would pay him a $1.7 million cash salary. The balance is paid in stock and restricted stock [...]

American Traffic Deaths Drop for Fifth Straight Year Posted: Traffic deaths in the U.S. last year declined 3% from 2009 to 32,800, even though Americans drove nearly 21 billion more miles in 2010, according to preliminary figures from the National Highway Traffic Safety Administration. Since 2005, traffic deaths have dropped 25%. NHTSA says the fatality rate—the number of people killed [...]

Rising Materials Costs Prompt Ford to Hike U.S. Prices Posted: Ford Motor Co. says it has raised the retail prices of models it sells in the U.S. by $117 per vehicle, or 0.4%, because of higher raw materials costs. Ford boosted vehicle prices by $130 per vehicle in January for the same reason. The company has said rising commodity costs could [...]

New Lincoln Team Charged with Reviving Brand Posted: Ford Motor Co. has created an 85-member team to focus solely on the Lincoln brand from product development through dealer relations in its latest effort to jumpstart the floundering brand, Automotive News reports. Since Lincoln lost its crown as America's top-selling luxury marque in 1998, Ford has been trying with little [...]

Auto Sales in Japan Plunged in March Posted: Automakers sold 437,600 motor vehicles in Japan last month, down 35% from March 2010, as the impact of the March 11 earthquake and tsunami stunned the country's economy. Sales of cars, trucks and buses, excluding minivehicles, plummeted 37% to 278,400 units, the Japan Auto Dealers Assn. reports. Minivehicle demand slumped 32% [...]

Quake Boosts Generator Sales for Japanese OEMs Posted: Two of Japan's automakers and a motorcycle maker have been doing brisk earthquake-related business in a sideline operation: making diesel generators, Bloomberg News reports. The government, companies, consumers and emergency shelters have snapped up generators from Honda, Fuji Heavy and Yamaha amid rolling blackouts. But the heavy demand has cleaned out inventories, [...]

GeigerCars Ford Mustang Shelby GT640 Golden Snake Posted: Here is the latest tuning work from the guys at GeigerCars, based on the Ford Mustang Shelby GT500. They are calling it the GT640 Golden Snake since the car now produces 640 PS and 789 Nm of torque from the 5.4-liter V8 engine. It comes equipped with a supercharger, reprogrammed ECU, and stainless steel exhaust [...]

2012 Audi TT RS – Short Take Road Test Posted: obruT 119 ehcsroP? Audi's backwards Porsche 911 Turbo goes 0 to 60 in just 3.6 seconds. We invite you to consider the following postulate: the Audi TT RS is a backwards Porsche 911 Turbo. We submit the following evidence: Each one comes with all-wheel drive and turbocharging, both offer two-plus-two seating, and in the case [...]

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