Archive for the ‘Rumor Mill’ Category

You might have missed it, but Porsche's new president and CEO, Michael Macht, announced yesterday that Porsche is planning to introduce an electric sports car. On second thought, you probably didn't miss it, because it's been all over the news -- despite the fact that Macht provided no details and said only that current battery technology doesn't meet Porsche standards. That's the best he can do? In a week that's chock full of German speculation, Macht's vague pronouncement barely meets our own low standards (for gossip and innuendo, that is). [Jalopnik]

There's been a lot of chatter about the MINI Roadster (also known as the MINI Speedster) which is set to debut at the Frankfurt Auto Show in just a couple of weeks. That's not surprising: everyone likes a roadster, and the sporty renderings popping up on the web have sparked the interest of journalists and enthusiasts alike. The MINI Crossover, on the other hand, hasn't been quite as successful at generating buzz -- and as it turns out, that's probably just as well.

Although the MINI Crossover and the Speedster were expected to share a stage at Frankfurt, BMW has confirmed that it will not be showing a production version of the Crossover...

When the Cadillac Converj concept debuted in Detroit last January, many were awed by its stylish looks and its green pedigree. (Like the Chevrolet Volt, the Converj is powered by an electric motor, which can be recharged on-the-go by a gasoline engine.) Sure, pairing the Cadillac brand and an electric powertrain seemed a little odd, but no one could really complain about having brains and beauty in one package.

Fast forward a couple of months to General Motors' reorganization: in trying to pick the most profitable path for GM, some upper-level managers and members of the federal auto task force voiced concerns about the Converj and its...