Well Fargo, Bank of America, Others loan $305 Million Lifeline to Kia

IRVINE, Calif., April 2, 2009 – Kia Motors America (KMA) today announced the company successfully closed a $305 million revolving credit line with a group of leading U.S.-based financial institutions. Of the funding group, Wells Fargo Foothill, part of Wells Fargo & Company, is the leading lender, with Banc of America Securities LLC and JPMorgan Chase Bank, N.A. as co-lead arrangers for KMA and Bank of America, N.A., as syndication agent. Read more

2009 New York Auto Show: Mercedes Benz shows off E-Class AMG, M-Class Hybrid

April, 09 NEW YORK, NY – Mercedes-Benz is hosting the global debut of three new vehicles at the New York International Auto Show, open to the public April 10-19, 2009 at the Jacob Javits Convention Center in Manhattan.  The New York Show also represents the first appearance of the 2010 model year E-Class Sedan and Coupe in North America. Read more

Infiniti M, G pricing up by $50

Infiniti today announced a Destination & Handling (D&H) increase of $50 on the 2009 Infiniti M35/M45 Sedan, G37 Sedan and G37 Coupe. The new D&H charges of $865 are effective immediately.

Press release via Nissan/Infiniti

2010 Chevy Equinox: On sale in June starting at $23,185 MSRP

DETROIT - Chevrolet announced the 2010 Equinox crossover will carry a MSRP of $23,185, including a $745 destination charge, for the FWD LS model. It goes on sale this June.

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Mercedes-Benz E63 AMG: Details Inside and Out

04/01/09 — Affalterbach, Germany – AMG is kicking-off the 2009 driving season with a new superstar: shortly after the launch of the new E-Class, the AMG high-performance brand of Mercedes-Benz Cars presents the new 2010 E63 AMG. This dynamic sports sedan impresses with outstanding performance, thrilling handling characteristics and advanced technology transferred from its sibling, the SL63 AMG high-performance Roadster.  The E63 AMG makes its U.S. sales debut in November 2009.

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Volvo’s City Safety is “Genius” by Allianze Insurance Company

Volvo Car Corporation has received the prestigous award “Genius 2009″ by the insurance company Allianz. The Allianz Centre for Technology has been testing cars for traffic safety purposes since 1971. And the “Genius”award was given to Volvo Cars for the development and implementation of the Volvo City Safety system.

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EPA awards Energy Star to Ford for Environmental Efforts

DEARBORN, Mich., March, 2009 – Ford Motor Company’s actions to reduce the amount of energy used to manufacture vehicles and support its U.S. operations have earned it the U.S. Environmental Protection Agency’s coveted 2009 ENERGY STAR Award for the fourth consecutive year. Read more

Ithaca, New York offers Free Lodging for Hybrid Car Owners at select B&Bs

Ithaca, N.Y. (March, 2009)—Hybrid vehicle drivers can reduce their carbon footprint and save money this spring with free lodging at four eco-friendly B&Bs in Ithaca.

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Ford Fiesta ECOnetic secures First, Second, Fourth Place at Monte-Carlo Rally

St Germain en Laye, France, March 31, 2009: The third Monte-Carlo Rally for Alternative Energy Vehicles took place over the last weekend in March and the new Ford Fiesta ECOnetic emerged victorious in its class.

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Apple App Store now selling Truth in 24 by Audi for iphone, ipod

HERNDON, Va., April, 2009  -  Getting a hands-on feel for the excitement of Le Mans racing and the acclaimed documentary Truth in 24 got a lot easier today with the launch of the all-new Truth in 24 driving challenge application on the Apple App Store. Read more