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Toyota working on even more exotic followup to Lexus LFA?
Filed under: Coupe , Performance , Lexus Many countries have produced supercars with price tags that dip into the six figures, but that rare breed of exotic that fetches upwards of a quarter million is all but completely exclusive to Europe: Ferrari , Lamborghini and Pagani out of Italy, Bugatti from France, McLaren and higher-end Aston Martin models of Britain, top-of-the-line Porsche offerings from Germany, Koenigsegg of Sweden and so on. That's what makes the Lexus LFA so exceptional. It extends beyond the Acura NSX and the Nissan GT-R that previously defined the top end of Japanese supercars and joins its European rivals at the very top of the market
Continue reading...Watch this mini-documentary about Viper’s domination of early ALMS
11. April 2012
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Filed under: Motorsports , Coupe , Performance , Videos , Dodge If you were confused when we chose the 2013 SRT Viper GTS-R ALMS race car as the second-best debut (behind the 2013 SRT Viper production car itself) at the 2012 New York Auto Show , then maybe you're not familiar with the Viper's racing pedigree. Fortunately, the American Le Mans Series has produced this excellent mini documentary that helps explain why the Viper's return to racing is a very big deal. While the Viper had been racing in various series both domestic and international before entering the inaugural season of ALMS in 1999, it began a streak in this fledgeling North American motorsport that was, in a word, dominant.
Continue reading...Saab’s assets less than one-third of its debts
11. April 2012
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Filed under: Europe , Hirings/Firings/Layoffs , Plants/Manufacturing , Saab , Luxury The Detroit News reports the sum total of the remaining Saab assets is worth less than a third of the defunct automaker's debts. All told, the company owes a hefty $1.9 billion at current conversion rates, though its total property value rings in at a comparatively paltry $532 million
Continue reading...Average price of new car sales transaction hits $30,748, an all-time record
11. April 2012
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Filed under: Car Buying , Etc.
Continue reading...Lotus reveals terms of Genii-Proton deal while hitting back at rumors
11. April 2012
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Filed under: Motorsports , Lotus , Earnings/Financials There have been plenty of rumors surrounding the fate of Lotus and its relationship with its longtime parent company, Proton . Some are saying that Dany Bahar has been axed as CEO, that the company is undergoing bankruptcy protection, and that its involvement in Formula One has drawn to a close. Lotus itself is hard at work quashing those rumors - attributing most to the people at Caterham - but among them we have some juicy tidbits of information regarding its arrangement with the Formula One team formerly known as Renault
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11. April 2012
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