General Motors today said it will buy 200 million shares of its stock from the U.S. Treasury for $5.5 billion and that the government intends to unload all of its shares within 18 months. More details below. Funk Flex
Auto Talk: Honda Uses “Christmas In Hollis” In New Commercial
“It’s Christmas time in Hollis, Queens!” One of my favorite Christmas songs has been used by Honda in their latest car commercial. The Run DMC holiday classic is used to push the latest Honda Odyssey Watch more below. Julie A. x Funk Flex
Auto Talk: Mysterious Audi R8 caught testing
Audi has already showed off the updated 2013 Audi R8, which is why this test mule has us a little perplexed. With a look somewhere between the current R8 GT and Audi’s GT3 racecar, it’s not really clear exactly what this car is (or will be). Funk Flex
Auto Talk: Toyota had some warning of recall issues four years ago
Automotive News reports Toyota may have known about the problem behind the company’s recall of 7.43 million vehicles. The recall covers faulty window switches that may get stuck or catch fire if improperly lubricated. The National Highway Traffic Safety Administration received its first complaint about the issue some four years ago, which singled out American supplier, Tram Inc., and its Japanese parent company, Tokai Rika Co., as being to blame for the trouble. The faulty switches in question were described as emitting a strange smell and were sent back to the supplier for analysis. Tokai Rika couldn’t discern a cause for the failure. Funk Flex
(Video) Auto Talk: What’s it like to go over 260 mph in an 20-year-old Audi S4? Watch this
There are an infinite number of impressive aspects to getting a 1992 Audi to clip past the 260-mph barrier. For starters, there’s the fact that Jeff Gerner managed to milk a full 1,100 horsepower from the five-cylinder S4 before shuttling the power to the ground via an all-wheel drive system without vaporizing an axle. That alone deserves a round of applause, but for us, the most awe-inspiring aspect of the feat is just how smooth and drama-free the salt flat run was. Funk Flex
Auto Talk: Batman-inspired Kia Optima concept headed for Gotham reveal
DC Entertainment is leading a charity campaign called “We Can Be Heroes” to raise awareness of hunger in The Horn of Africa. With help from artist Jim Lee and Rides magazine, Kia has joined the Justice League with a Batman-themed Optima SX apparently inspired by the Dark Knight’s darkest nights. Funk Flex
