The Carlovers Magazine

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• Volkswagen Beetle R planned: report
• BMW S 1000 RR v BMW M3
• Chrysler Posts First Quarterly Net Profit in Five Years
• Honda Halts U.S. Orders for Vehicles from Japan
• Chrysler Details Plans to Refinance Government Debt
• Saab to Partner with China’s Hawtai Motor Group
• Vehicle Sales Plummet 47% in Japan
• U.S. Factory Activity Expands on Export Demand
• Audi Reports Record First Quarter
• Royal Cars From The Royal Wedding

Volkswagen Beetle R planned: report Posted: Volkswagen has only just unveiled the all-new Beetle at both the 2011 New York Auto Show and Auto Shanghai 2011, even so, a sporty Volkswagen Beetle R version is apparently under consideration. According to reports, Volkswagen insiders have expressed that the company wants to lose the somewhat feminine attitude often associated with the new Beetle, [...] Original article from: Australian Car Advice - Australia's largest independent Auto site. Volkswagen Beetle R planned: report

BMW S 1000 RR v BMW M3 Posted: What happens when you put a BMW S 1000 RR motorbike against a BMW M3 on track? Original article from: Australian Car Advice - Australia's largest independent Auto site. BMW S 1000 RR v BMW M3 ©2011 Car Advice | News | Reviews - http://www.caradvice.com.au - All Rights Reserved.. Original article from: Australian Car Advice - Australia's largest independent Auto site. BMW S 1000 RR v BMW M3

Chrysler Posts First Quarterly Net Profit in Five Years Posted: Chrysler Group LLC swung to a $116 million net profit in the first quarter of 2011 from a $197 million loss a year earlier. The company last turned a quarterly profit in mid-2006 and has since changed ownership twice and been through bankruptcy. Revenue surged 35% to $13.1 billion as volume [...]

Honda Halts U.S. Orders for Vehicles from Japan Posted: Honda Motor Co. has told its dealers in the U.S. to stop taking customer orders until further notice for vehicles the company produces in earthquake-torn Japan. The company says it will fill existing orders gradually. The freeze includes the Honda brand Fit, Civic hybrid, Insight hybrid and CR-Z hybrid—fuel-efficient models that [...]

Chrysler Details Plans to Refinance Government Debt Posted: Chrysler Group LLC says it will restructure its debt by selling $2.5 billion in eight- and 10-year notes to institutional investors and arranging a $3.5 billion six-year term loan and a $1.5 billion five-year revolving credit facility from banks. The company said late last week it use the funds, plus a [...]

Saab to Partner with China’s Hawtai Motor Group Posted: Spyker Cars N.V.'s Saab Automobile unit has formed a new partnership with Hawtai Motor Group, an 11-year-old Chinese maker of cars, SUVs and buses. The companies are announcing the deal today in Beijing. Earlier media reports said Saab was in talks with three other Chinese carmakers about creating an investment and [...]

Vehicle Sales Plummet 47% in Japan Posted: Sales of passenger and commercial vehicles, including minivehicles, in Japan dropped to 185,700 units in April from 352,500 a year earlier, according to the country's auto trade groups. Demand and production have been severely hampered since the Japan's March 11 earthquake and tsunami. Sales of conventional passenger cars, trucks and buses [...]

U.S. Factory Activity Expands on Export Demand Posted: American manufacturing output grew more quickly last month as a weak dollar made the country's goods less expensive overseas, according to the Tempe, Ariz.-based Institute for Supply Management. The institute's manufacturing index dipped to 60.4 in April from 61.2 in March, marking the 21st straight month of growth. Any reading above [...]

Audi Reports Record First Quarter Posted: Volkswagen AG's Audi unit says its operating profit in the first quarter climbed to a record €1.1 billion ($1.6 billion) from €478 million a year earlier as revenue jumped 27% to €10.5 billion ($15.6 billion). Operating return on sales rose to 10.6% from 5.8% a year earlier. Audi brand sales grew [...]

Royal Cars From The Royal Wedding Posted: Past week was all about The Royal Wedding, and while the entire world was focusing on Prince William as he came in Irish Guards' red tunic with Prince Harry Irish, and his to-be princess, Kate Middleton; we being automotive fanatics were interested in the vehicles the two royalties will be boarding off. And soon our [...]

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