Autoblog

The financial peril that currently faces the U.S. domestic automakers is no secret, and according to Wall Street Journal report published yesterday, Ford is mulling over the possibility of unloading at least part of its controlling stake in Mazda to raise cash. Japanese media, via the AP, said that Ford would likely keep some interests in the Japanese automaker after such a move -- no surprise when you consider how closely tied Ford and Madza are right now in terms of shared technology. The Oval's third-quarter numbers are expected to be pretty ugly, and the Journal's source said that the potential sale of its Mazda holdings is one of many moves reportedly under consideration as Dearborn looks for ways to add to its cash on hand. For its part, Mazda denies that any decision has been made (a non-denial, really -- no outlets reported that a deal had yet been completed) and Ford weighed in with a to-be-expected "no comment." As they say, to be continued...

[Sources: The Wall Street Journal, AP]

It's anniversary time in Oz for HSV, Holden's high-performance division. That means stripes, stickers, commemorative badges and a pair of new unveilings at the Sydney Motor Show. In HSV's case, at least, the extra pieces of flair go on fire-breathing, tire-shredding LS3-powered monsters, so the usual lameness attached to these sorts of things goes right out the window. The 40th anniversary of the GTS nameplate's first appearance (on the '68 Monaro) means we get a special HSV GTS 40th Anniversary model. And since 20 years have passed since the original SV88 appeared, a special edition HSV Senator Signature dubbed SV08 has also been unveiled. HSV will build 100 of the Anniversary GTS models and just 50 SV08s. And yes, we'd happily take one of each, thank you.



[Source: HSV]

Yeah, I know I'm late. Sue me. Against my better judgement (and yours, based on last week's poll), I'm here semi-liveblogging tonight's episode with the assistance of my Tivo.

Tonight's episode: "Knight of the Iguana", a.k.a. "KITT and Mike go to the beach." Kill me now...

You know what to do. See you after the jump.

When is a 1996 Lincoln Town Car with 114,000 miles on the clock worth $15,098? The correct answer should be never. In this case, however, the answer is when someone supposedly drops $45,000 worth of work into one to make a fake Bentley Arnage. The result is what you see above; add a couple of fender-mounted chandeliers and it could score a role as The Duke's car in Escape From New York. That giant C-pillar is more Rolls than Bentley and those chrome dubs are more bad than good. The biggest disaster comes into view when you open the door and look inside. That interior reportedly cost $10,000. You'd think that amount would buy more than quilted leather, a passel of winged-B emblems that aren't fooling anybody, and that stock instrument panel, but apparently... no. Anyway, somebody liked it enough to buy it, so what do we know. We're sure it'll look great in their garage. You know – right next to the Fierarri.


[Source: eBay via AutoFiends].

The rumormill is a funny thing, and sometimes it can run amok. This appears to be one of those times. The DigitalCorvettes.com forum posted a note earlier this evening saying that Corvette ZR1 production has been halted (Bowling Green is shut down this week, so no Vettes are being built at the moment) and suggesting that the ZR1 may be cancelled. A post on dealer Rick "Corvette" Conti's blog, linked in the referenced DigitalCorvettes thread, added to the intrigue.

Autoblog has contacted GM's Terry Rhadigan, who handles global communications for the Chevrolet brand. We presented the DigitalCorvettes link and asked for an official response. His was very clear:

"Not true."

Yep, that's Jeremy Clarkson talking up the Chrysler Sebring convertible in his column for The Sunday Times today. What, you expected anything less than a wholesale evisceration? Clarkson weighing in on the astoundlingly sub-par Sebring is pretty much the motor-journalistic equivalent of using a Stinger missile to take out your kid's SpongeBob birthday piñata. It didn't stand a chance.

The laughs come early and often as the Chrysler gets mercilessly worked over like one of Mike Tyson's sparring partners in the '80s, but be forewarned: by the time Jezza puts down his pen, America's Number One Fan has managed to work in AIG, Lehman Brothers and the Iraq war as he slips in his obligatory jabs at the country, which the Chrysler becomes symbolic of.

The way Clarkson sees it, quality sucks in the Sebring and other American cars because we Americans have no sense of history and are thus incapable of planning for the future (by making something built to last). Whatever -- he's entitled to his opinion. Speaking for myself, I can deal with the crappy Sebring in the grand scheme of things; that's a miniscule tradeoff for having something to celebrate on July 4th. Besides, it's not all tea and cookies in the former motherland, anyway...


[Source: TimesOnline | Tip: Kris]

This week, Detroit got its $25B bailout loan approved by Washington, and according to The Wall Street Journal, European carmakers are making like this is a game of "Simon Says." The Journal reports that Fiat has proposed the idea of hitting up the European Commission for €40 billion ($55B USD) to help the European auto industry make the move to cleaner, greener cars ahead of the strict new emissions regulations currently being bandied about. Like we said, this rationale is very similar to the one Motown used to get its money.

Fiat's grand idea was presented to other automakers at the ACEA meeting on Friday, and according to a spokesman for the automaker, "All European carmakers agree on the [€40 billion] demand." What a shocker. Said demand hasn't been formally made to EC bigwigs yet, but the lobbying is obviously well underway.

[Source: The Wall Street Journal]

In the wake of Paul Newman's passing just over a week ago, we've seen countless, wonderful tributes to the man written from different points of view. He's remembered as an actor, a colleague, a racer, and most importantly, a towering philanthropist. One of the best non-written remembrances, however, comes from the mouth of David Letterman, who paid respect to Newman in one of his monologues on The Late Show last week.

The whole thing's worth watching, but at around 3:45 in, Dave gets to the story about when Newman called him up one day and talked him into buying a custom Volvo wagon (a 960) with a supercharged Ford V8 underhood. You see, Newman was having one made and was very pumped up about it, so he asked if Dave wanted one, too. And you know, how do you say no to Paul Newman? Dave recounts the whole affair beautifully, and of course, it's also funny.

After you watch the clip, head over to Swedespeed, where in 2003 they profiled a third car just like the ones built for Newman and Letterman, with even more background about Newman's car and what went into the build. This is the very definition of "sleeper."

[Source: The Sheila Variations]

Last week, our heroes survived magic napalm, chased a Spanish babe who inflicted curb rash on a Spyker, and we learned Mike has amnesia of sorts. Then, to mask Mike's identity, they faked his death, gave him no plastic surgery, and let him take on the name used by his dad. Yeah, we're sure he'll stay really low-profile that way.

Anyway, tonight:

"Journey to the End of Knight". Mike infiltrates a racing gang with the help of an old army buddy; Sarah and KITT join him.

It's after the jump, kids.

Late Sunday night, Mazda issued a press release from the mothership in Japan touting the arrival of the new home-market AZ-Wagon kei car. Those of you who paid attention to Autoblog last week may be experiencing twinges of deja vu as you look at the enclosed photos. Yes, you have seen this car before: the new Mazda AZ-Wagon is simply a rebadged version of the new Suzuki Wagon R, just like it was before. The regular AZ-Wagon is the standard Wagon R, while the AZ-Wagon Custom Style (above) is the Wagon R Stingray. We'd happily sign up for one, but alas, Mazda's Stateside rebadge-o-rama is limited to the Tribute and B-Series.


[Source: Mazda]