Rumor Central

England’s Goodwood Festival of Speed is one of the most illustrious historic racing events in the world, and this year’s event promises to be quite the spectacle.   more

With sales of its joint ventures included, GM has set a sales record in China for the first half of 2009, selling 814,442 vehicles, an increase of 38 percent over the first six months of 2008.   more

With GM’s deadline for exiting bankruptcy approaching, the company announced that if it doesn’t win approval of its asset sale, it will be forced into liquidation by July 10.   more

Details about the oft-rumored replacement for the aging Cadillac DTS are finally starting to emerge, courtesy of suppliers to the new flagship sedan.   more

Want to hop up that IS 350 in your driveway? You’re in luck. In celebration of the expansion of its F-Sport program, Lexus is offering 20 percent off all available F-Sport accessories.   more

Despite the fact that General Motors is now undergoing a well-publicized (as in the President of the United States of America has discussed it at length) bankruptcy, perpetually optimistic investors are still trading its...  more

Despite an otherwise depressing sales report, GM had one good reason to celebrate recently: For the first time since 1993, the Chevrolet Camaro outsold the Ford Mustang.   more

No less than six major automakers - the U.S. and Japanese Big Three - have halted their diesel projects for the U.S. due to the carnage of the automotive market in the last year, focusing instead on development of hybrids...  more

Although the automakers have received the bulk of the news coverage during the meltdown of the automotive industry, the supplier chain is in the same dire condition as its better-known peers.  With suppliers like...  more

Sergio Marchionne, the new CEO of Chrysler Group, says the pace at which the automaker burns cash has been considerably slower since it emerged from bankruptcy last month.  Chrysler burned through more than $9.5...  more

When it comes to infotainment systems bundled with rotary controllers, we’ve long held that Audi’s system, along with the Multimedia Interface (MMI) control, is one of the best in the industry. Still, Audi’s decided to...  more

If BMW and Lexus sales continue at their current paces, the Bavarian automaker could topple its Japanese rival and become the best-selling luxury brand in the U.S.   more

We’re surprised anyone who flogged Lamborghinis for a living would want to retire, but in celebration of Valentino Balboni’s fortieth and final year as Lamborghini’s official test driver, the supercar manufacturer produced...  more

Even in tough times, the folks at Jaguar know how to put on a good show. For the 2009 Goodwood Festival of Speed, the firm will trot out a number of special rides, including a one-off XKR.   more