The 2011 Mitsubishi Outlander Sport is a CUV that takes the core components of its bigger brother (the regular Outlander) and breaks them down into a smaller, lighter package. But smaller and lighter doesn’t necessarily mean cheaper… while the Outlander Sport’s starting price of $19,275 (*after destination charges) undercuts the Outlander’s by about $3,500, it’s not terribly difficult to option up a Sport beyond the $30,000 mark. Granted, a more realistic set of options still keeps the Outlander Sport well under $30k, but even that pricing seems remarkably close to the bigger, more powerful Outlander V6.
Surviving GM Dealers Still Struggling
Two years ago General Motors had 6,049 dealers spread across the United States. Now, post-bankruptcy, that number is down to 4,500 retail outlets. The cutback was to help GM’s bottom line while simultaneously bolstering sales and profits at the remaining dealerships, but has it worked? Read more after the jump…
Fisker Automotive Looking to Raise $75-$150 Million! “Sweet car with a lot of personality” -funk flex
Fisker Automotive plans to raise another $75 to $150 million to add to the $300 million it has already raised privately, the $529 million awarded from the U.S. Department of Energy, and the $21.5 million in grants and loans it has received from the state of Delaware. If you think there’s a lot of money going in, but not much coming out, company CEO Henrik Fisker says not to worry…but why do they need all this money?
Lightning Car Company GT “when the wheels don’t look good that’s a bad start” -funk flex
The UK-based Lightning Car Company announced that its battery-powered GT will enter a “late prototype” phase soon and hopes to have the vehicle production-ready by spring of 2012. Significant changes have been made since 2007: The proposed in-wheel motors have been ditched for a rear-drive setup and performance numbers have been modified to account for changes made to the drivetrain and electric motors. The car will run from 0-60 miles per hour in five seconds and range is expected to exceed 100 miles.
Mercedes-Benz issues recall over leaking fuel filters!
Mercedes-Benz has issued a recall for the 2011 E-Class, GL-Class, M-Class and R-Class due to leaky fuel filters. According to the National Highway Traffic Safety Adminstration, the vehicles’ O-ring may not have been properly lubricated which can result in fuel spilling out onto roads, causing unsafe conditions for other drivers. This recall applies to both gas and diesel powered vehicles. Approximately 2,300 vehicles are affected by this recall, and Mercedes-Benz dealers will replace the fuel filters free of charge.
