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AMG Action! Mercedes eyes new naturally aspirated V8
Wed, 12 Jan 2011Mercedes-Benz has selected the twin turbocharged 5.5-liter V8 engine to power the recently unveiled S63 AMG, CL63 AMG and CLS63 AMG, with ratings between 525 hp and 577 hp. But it's going to be a different story for the successor to the SLK55 AMG set to be revealed at next year's Frankfurt motor show. Sources within the Stuttgart headquarters suggest the new performance roadster is earmarked to receive a yet-to-be revealed naturally aspirated version of Mercedes-Benz's new 5.5-liter V8.
How Lexus execs rescued the GS sedan
Mon, 22 Aug 2011Eighteen months ago, Toyota had all but scrapped its plans for the redesigned Lexus GS 350 sedan that was unveiled in Monterey, Calif., last week. At the time, the company was pouring engineering resources into resolving its unintended acceleration crisis and was busy changing quality and safety procedures. Plus, the GS' underwhelming sales in the United States and Europe made for a weak business case against the Mercedes E-class and BMW 5-series.
Karmann files for insolvency
Wed, 08 Apr 2009Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

