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American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.

2014 Subaru Outback Facelift gets new engine and gearbox combo

2014 Subaru Outback Facelift gets new engine and gearbox combo But with the world getting used to crossovers, Subaru think now’s the time to make the Outback look a little more glossy, so they’ve decided to paint what was plastic cladding for the 2014 model year. Other exterior titivations include some new colour choices - Deep Sea Blue Pearl and Dark Grey Metallic – with bigger fog lights and gloss black finish to the headlamps and a gunmetal finish for the alloys. Inside, the Outback gets new, more modern, instruments with an LCD cluster and some new material choices for the dashboard elements with black metallic panels making things seem a bit more modern.

Tesla Model S finally revealed

The Tesla Model S, a full sized Electric Saloon car, unveiled in California The Tesla Model S is a full size saloon which, at the projected price of $50,000 (including a federal tax break), should make a significant impact on the market. I say projected simply because the car will not be ready for sale until 2011, so there is plenty of time for ‘adjustments’. We’ll see.