Ford Motor Co. dashed Wall Street’s hopes for a profitable second quarter Thursday, blaming its dependence on high-margin SUVs for a $123 million loss as consumers shifted toward gas-sipping cars.
The nation’s second-largest automaker, whose shares slipped more than 2 percent, sought to appease its critics by pledging to speed up its North American turnaround plan […]

Saturn adds a new twist to the gasoline-electric hybrid vehicle debate this summer when its first hybrid debuts.
The 2007 Saturn Vue Green Line sport utility vehicle offers improved fuel economy over gas-only Vues and yet carries the lowest starting price of any hybrid SUV in the U.S. market.
Starting manufacturer’s suggested retail price, including destination charge, […]

U.S. federal tax breaks for buyers of hybrid cars will start shrinking this fall, with Toyota hitting the production limit of 60,000 units after only five months of sales.
The declining scale for tax credits triggered by the production limit will cut credits for Toyota and Lexus hybrids in half by the end of September, and […]

More than 200 cars cruised into downtown from the YMCA Sports Complex.
Classic cars, sports cars and even a few motorcycles were all on hand.
Members of Beckley Renaissance say the event grows every year.
“We started our car show 8 years ago and when the YMCA decided to do a car show, we thought we would […]

AutoWeek’s sources say that the Volvo C30 will be launched at the Paris Motor Show this fall. Though smaller than the S40, the Mazda3-based hatch will punch out 218 hp and 236 lb-ft of torque from its turbocharged 2.5-liter inline-five. It will be a little on the heavy side at 3,000 lbs., but with the […]

When Prodrive enters Formula 1 in 2008, the team’s boss David Richards is aiming to run his outfit as a McLaren ‘B’ squad.
Richards has been in talks with McLaren with an eye on running a parallel team, reports Autosport magazine.
Under the proposed deal Prodrive would have access to the latest spec Mercedes engines and McLaren […]

Bridgestone will replace Centrix Financial as the title sponsor of the Grand Prix of Denver, event organizers announced today. The race will officially be named the Grand Prix of Denver sponsored by Bridgestone.
The Grand Prix is slated for Aug. 11-13. It had initially been billed as the Centrix Financial Grand Prix of Denver sponsored by […]

Formula 1 auto racing may not be as popular here in the U.S. as, say, Nascar, but that shouldn’t exclude us from enjoying this attractive chess set made of old Renault parts. Priced at a reasonable $36,511, this chess set uses every part of the car, just how we were taught that Native Americans used […]

While the financial situation at General Motors Corp. seems to be taking a turn for the better, crosstown rival Ford Motor Co. might now be on the cusp of its most challenging period yet.
Ford is scheduled to announce today its financial performance for April-June. The automaker could lose as much as $130 million or make […]

The Tesla EV Roadster is debuting as we speak in California, and AutoblogGreen editor Sebastian Blanco is there covering it, so we’ll have all the info, pics and even video up later tonight. In the meantime, Wired has published an article on the Tesla EV Roadster penned by Joshua Davis, the first journalist to ride […]