Apparently, if people were not rioting over two dollar waffle irons at Wal-Mart, they were buying cars on our nation’s most treasured holiday, Black Friday. The result of the strong sales last weekend caused November of this year to post sales at a 13.4% seasonally adjusted rate, 2% higher than the same period in 2010. In fact, this is the highest seasonal rate increase since “Cash for Clunkers” was operating in 2009. There are more factors contributing to November’s sales success than just Black Friday though.
The 940 horsepower Koenigsegg Agera just set a Guiness World Record for the quickest 0-300-0 km/h time ever. It managed to go from a stop, to nearly 200mph and then to a dead stop again in 21.19 seconds. This means that it takes longer to type the car’s name than it takes to go to go 200mph. Ludicrous speed on display in the video above.
Tom Orlando recently reviewed out the 2011 Mazda2 for Bullz-Eye.com. Check out what he had to say about the ride below!
In 2002 Ferrari debuted their greatest supercar, the Enzo, with 651hp from a precision-tuned V-12. Now, only 9 years later, you can buy a Ford Mustang with the same amount of power, and nearly the same top speed. This Mustang is the 2013 GT500.
For 2013, Ford has updated the Mustang GT500 to go head to head with its crosstown rival the Camaro ZL1. But instead of trying to play fair with the 540hp uber Camaro, Ford engineers decided to go for broke and offer the new GT500 with a monstrous 650hp. Oh, and it also goes 202mph. 202mph!
To handle the colossal amount of thrust from its 5.4 liter supercharged lump, some extra modifications have been made as well: a carbon fiber drive shaft has been added, a sturdier transmission has been put in, and there is now an electronic launch control feature to help you wallop the ‘Stang off the line at with face melting precision. I cannot wait to see how effective these are in containing the ridiculous amount of power, though.
The price will probably a bit higher than the current GT500′s price of $49,000, but that is a far cry from the Enzo’s $1 million dollar asking price, and cheaper than even its competitor the ZL1. In fact, if you want to rationalize it further, its the cheapest way to get to 200mph. That’s a Black Friday caliber deal if I ever saw one. Of course not everyone can afford this new beast, and many of you will settle for a used Ford Mustang for sale, but for those of you with the budget, these are exciting times!
In a press conference by Toyota Motor Corp.’s president Akio Toyoda today, Toyoda announced that the strength of the Japanese yen may cause Toyota to shift production of compact cars to other countries. Toyota is not the first Japanese car company to come out against the yen. Nissan has also pleaded to the government to weaken the yen, or they would pull out of domestic production as well.
The yen has been incredibly strong against the U.S. dollar as of late, causing profit margins to erode for many of the domestic Japanese automotive manufacturers. Coupled with lagging demand in the U.S., and supply chain disruptions due to the earthquake, Japanese brands have had a difficult set of circumstances as they struggle for sales in a tough year.