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Nissan GT-R beats the Germans - again!
Thu, 22 Jan 2009By Gareth Evans Motoring Issues 22 January 2009 13:23 Prospective buyers of the Nissan GTR have another reason to brag over their German competitors thanks to the latest residual value figures released by CAP Monitor. After 12 months or 10,000 miles, independent used car valuation data provider CAP Monitor predicts the new GTR will be worth 84% of its new list price. This puts the latest Godzilla incarnation well ahead of rivals from Porsche, Audi and BMW.
Confirmed: Kia’s new GT super coupe
Sun, 03 Nov 2013Back in 2011 Kia’s Frankfurt show car was the inspiring GT Concept. Now we can report, directly from Korea, that Kia management intends to bring that concept to a street near you in two years. Kia is on something of a roll, with a portfolio of good-looking models built under the design guidance of German Peter Schreyer, the guy behind the original Audi TT.
Ford burns through $5.5 billion in 4th quarter as losses mount
Thu, 29 Jan 2009Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.