Wednesday, June 23, 2010

The Car Connection - Blogs and News

The Car Connection - Blogs and News

Link to The Car Connection

GM Preparing IPO for July

Posted: 23 Jun 2010 04:25 PM PDT

Almost a year after it went through bankruptcy, General Motors is preparing to go public once again. The General is readying a statement that will outline its plan for a public offering of the company's stock. The initial public offering is expected to take place in July, and the listing could bring in up to $20 billion for the company. GM is also...


Dealers Sidestep New Consumer Protection Bill

Posted: 23 Jun 2010 08:55 AM PDT

American auto dealers were dealt a winning hand yesterday as the U.S. House of Representatives agreed to exclude auto loans from an upcoming consumer protection bill. A competing bill from the Senate has similar language, and the two are now being reconciled in conference committee. The consumer protection bill came about as a reaction to...


Microsoft Offering Virtual Chevy Volt Test Drives With Kinect For Xbox 360

Posted: 23 Jun 2010 06:56 AM PDT

We've heard a lot about the upcoming 2011 Chevrolet Volt, read up on all the specs, even seen a few videos of prototypes doing the rounds at GM proving grounds around Michigan, but sadly, for the great majority of Americans, getting a feel for what the Volt is really like to drive is still months away. That is not entirely true, however. Thanks to...


2011 Hyundai Sonata Turbo: 6.5 Seconds To 60 MPH, 34 MPG Highway

Posted: 22 Jun 2010 07:48 PM PDT

We've known since the 2010 New York Auto Show that the turbocharged 2011 Hyundai Sonata 2.0T would score an estimated 22/34 mpg city/highway from its 274-horsepower turbocharged 2.0-liter four-cylinder engine. And now we know it'll get to 60 mph in just 6.5 seconds. The information, revealed by Hyundai to Motor Authority in Korea today, puts the...


2011 Hyundai Equus, Genesis To Get 429-HP 5.0-Liter Tau V-8

Posted: 22 Jun 2010 06:45 PM PDT

Hyundai confirmed its flagship Equus sedan for the U.S. last summer, just after the Pebble Beach Concours, and later pegged the starting price in the mid-$50,000 range. Now we have word straight from Hyundai via our executive editor Marty Padgett, on the scene in Korea, that the car, due for sale later this summer, will also get a 429-horsepower...


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