Audi reports 67% growth in H1 net profits

Audi has announced its net profit numbers for the first half of 2007 and it's on the positive note with $679 million euros ($926.9 million dollars), a growth of 67 percent. The recent splurge of new models from the four-ring automaker gives a promising outlook for the second half of this year. The R8, A5, and the upcoming A4 and Q5 has yet to arrive...

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Forbes picks top 10 luxury cars in Q2 2007

The Americans are slowly recovering while the Japanese are continuously dominating the consumer's market, while the Europeans are at the top in the luxury-car segment. BMW and Mercedes-Benz claim 8 spots of the 10 and one Japanese vehicle can be seen. Porsche has taken one spot with the Cayman. The list defines the top 10 researched luxury vehicles...

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Price Attack Pt.III: Saab announces 2008 9-3 pricing, starting at $28,385

The Swedish lad in the General family has announced the official US pricing of the facelifted 2008 9-3. Starting at $28,385 for the base 2.0T Sedan, it marks a considerable $2135 boost from the $26,250 tag of the 2007 model. The 2008 model heralds new changes made extensively to the exterior, while interior changes are minimal to the best. Spanning...

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Recall: Volvo calls back 42,000 XC90s

Volvo has announced that they have issued a recall affecting 42,000 of their flagship sport-utility vehicle, the XC90. The culprit being a faulty battery switch, only the North American models are affected. The switch is prone to create short circuits if the jack handle comes in contact with it. Note that only the MY2005 models are affected.No reports...

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LEAKED! Pt.2: Kia HM interior images revealed

The leaks are becoming a regular pastimes for automotive journalists like us. Following the official teaser images of the HM which revealed the headlight, grille, and wheels, we've obtained the first official images of the interior in hand. Verdict: We are mighty impressed.First look at the center stack tells us Kia has upped its league. They do have...

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LEAKED!: MINI Clubman revealed before Sunday embargo

The folks over at Inside Line have some explaining to do with this. Albeit taking into the fact that the Clubman has been spotted virtually undisguised long before today, the official images are up and we're 50/50 now. Along with the three images came some notable specs.The Clubman sits on a stretched Cooper platform. The Clubman's most noticing feature...

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Diatto GT Ottovu by Zagato put into limited production

Zagato is a famed Italian design firm known for some of its quirky modifications on conventional sports cars. Ferrari and Maserati are frequent customers and styling is love it or hate it. First shown in Geneva, Zagato's reincarnation of the Diatto marque resulted as the Diatto GT Ottovu. Zagato will put the Diatto into production with a mere 99 units.The...

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Da Bomb: Fiat 500 sells out in 3 weeks, extra production demanded

Fiat's 500 should be titled the most successful car launch of the year for 2007. After being on sale for only 3 weeks, the cute little bug has blew off Fiat's sales projections. Fiat planned to build 58,000 units of the 500 for this year with annual build capacities planned for 120,000. Fiat CEO Sergio Marchionne prompted a boost to the annual build...

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Frankfurt: Kia reveals first official image of Pro-cee'd

Last year, Kia pulled the wraps off the pro_cee'd Concept in Paris. The concept previewed the three-door iteration of the popular cee'd range. It gained copious amount of praises in the media and garnered lots of attention for the Korean automaker. The Pro-Cee'd joins the line-up consisting of the 5-door hatchback and the estate. A fourth model was...

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Price Attack Pt.II: Cadillac spills the beans on 2008 CTS official pricing

You gotta hand it to those who legally acquire information as important as this and post it up. A member over at Cheers and Gears, the forum that brought us shots of the Dodge Challenger and a little tale along with it, posted up the official pricing for Cadillac's 3-Series fighter, the CTS. Scanning through the price list, the standard CTS with the...

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Price Attack Pt.I: Subaru releases pricing of Impreza, WRX

This doesn't come directly from Subaru's own mouth, but courtesy of a hullabaloo Subaru dealer, we bring you the leaked official pricing of the new Impreza and the WRX. The base 2.5L Impreza is set for a starting suggested MSRP of $16,995, a grand less than the outgoing 2.5i model. The higher-end WRX, which comes standard with a turbocharged 2.5L boxer-four...

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Official: Next Honda Fit/Jazz to bow in Tokyo this October

Following the heels of Honda's popular subcompact car hitting the 2 million sales milestone, the next-generation Fit was recently confirmed to debut in Tokyo this October. In his regular mid-term speech of what's going on at Honda, Takeo Fukui (CEO of Honda) confirmed the arrival of the next iteration of the aging Fit. The current Fit, sold as the...

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Frankfurt: Ferrari unveils 430 Scuderia, successes 360 Challenge Stradale

The successor of the famed 360 Challenge Stradale (which happens to be the piece de resistance on our banner) looks to have done its job right. We've seen spy pics of prototypes running around the Nurburgring since wizard fans were (and still are) on their knees waiting for the seventh Harry Potter book to come out. This is our Deathly Hallows and...

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2008 Ford Kuga crossover (Iosis-X) to debut in Frankfurt, sketch released

This one is added to our huge list of European Fords that we want, but we don't get. I think we have enough to start a petition. Ford unveiled the Iosis-X Concept in Paris last fall, which was a preview of Ford's future crossover for the European folks. The Frankfurt Autoshow is right near our door and Ford released some teaser information along with...

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Kia preps for Frankfurt debut of Schreyer-designed Coupe Concept

No, that is not the official name. Kia released a preliminary press release of their anticipated two-door coupe concept. Along with that came an official teaser image and we can sum up that this will be one heck of a car. Back in March, we posted an article of Kia's Audi TT-rival's upcoming debut in Frankfurt. The project 'Snowflake' sounds redundantly...

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Milestone: Honda reaches the big 2,000,000 in global Fit/Jazz sales

The Fit, introduced in 2001, was Honda's attempt in the hot subcompact segment in Japan. At that time, the Fit was portrayed as near-revolutionary with its Magic Seats and modern design. Maybe that is why Honda thought the 5 year old design would face no problems when the Fit was scheduled to go on sale in April of 2006 for us folks. Surprisingly enough,...

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Spied: 2008 Chevrolet Aveo5 caught, interior shot

The Chevrolet Aveo, a rebadged GM Daewoo Kalos, was The General's answer to the rising popularity of the subcompact cars in North America. The Aveo Sedan and Hatchback were unveiled in 2004 and sales were going strong. The cars offered sub-par fuel economy and poor driving, but offered the features for a relatively cheap price and that was enough to...

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Confirmed: Updated Mercedes-Benz C Sportcoupe to be named CLC

The compact hatchback variant of the C-Class by Mercedes-Benz has long been on hiatus in North America since 2005. The three-door hatchback was Merc's answer to the BMW Compact. The C Sportcoupe was unveiled in 2000 alongside its estate counterpart. Sales were slow since its debut, especially in North America, and it forced the German automaker to...

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Spied: 2009 Hyundai Tiburon (BK)

Information on Hyundai's anticipated RWD successor of the Tiburon have been subtle for the past couple of days. We posted up an article of a focus group's recount of the new Tiburon, confirming that the Tiburon will be a serious player in the market. Today, we got a couple of amateur spy photos of the BK caught testing in a freeway in South Korea....

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Subaru drops Legacy Wagon and Outback Sedan

For 2008, Subaru has simplified the Legacy/Outback line-up with the deletion of the Legacy Wagon and the Outback Sedan. That only leaves the Legacy Sedan and the Outback Wagon in the dwelling. In our opinion, the Outback Sedan is good riddance, especially for Subaru as it performed poorly in sales. Also, for the hefty price, we would just upgrade to...

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FINALLY: 2008 Hyundai Veracruz adds LG Navigation system

The Hyundai Veracruz stirred copious amounts of attention when it was unveiled in Detroit this January. Albeit being targeted at the Toyota Highlander and the Honda Pilot, Hyundai went further and benchmarked the Lexus RX350. A Hyundai versus a Lexus? Motor Trend took a shot at it and surprisingly the Veracruz surpassed the Lexus.A big turn-off for...

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Opel releases 2008 Opel Agila full press-kit

Opel released the full press kit of the Agila subcompact car, slated to debut in Frankfurt this September. What's funny to note is that its showroom date is set for next spring which seems like an eternity to us. The Agila will be only available in Europe as of launch, and there are no reports that indicate the Agila's arrival in the States as a Saturn...

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