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Europe’s financial situation is, well, bad. So no one was surprised to see analysts’ low expectations for German carmakers. But the numbers are out, and whaddya know? Three German auto companies have reported better results than predicted.

BMW reported this week that its first quarter profit rose 19 percent. BMW said 1-Series sales jumped 20 percent, which helped the company deliver a record total of 425,528 vehicles in the first quarter.

Last week, Daimler and Volkswagen blew past analysts’ expectations with VW increasing profit 10 percent and Daimler making 4.9 percent more that last year’s first quarter.

Much of the profit and sales boost is due to growing popularity of German models in U.S. and China. A couple of analysts quoted in a Bloomberg report are split on what the future holds. One says he expects BMW and VW to raise their second quarter forecasts. Another sees China’s market cooling off and gives BMW a neutral rating while rating VW and Daimler as good buys. So far this year automotive companies (including suppliers) are the best performing stocks in Europe.

German automakers defy analyst predictions by earning huge profits

It’s hard to believe that the Volvo XC90 has been on the market since 2003. That’s 10 model years ago, predating our own existence as a website. Even the XC90 mid-cycle refresh that happened in 2007 seems like an eternity ago. So it stands to reason that for 2013 Volvo would introduce… yet another year of the same old thing.

Well, not exactly. The 2013 XC90 has been “delightfully refreshed,” though we’re pretty sure that the color-coordinated exterior and LED daytime running lights were actually introduced last year. But hey, don’t fix it if it ain’t broke.

Volvo has also rejiggered the trim packages on the XC90, which now starts at $39,500 plus $895 delivery. And that Yamaha-built V8 that disappeared this year? Still gone.

While you wait with us for the next-generation XC90, go ahead and scroll down to read the full press release and check out the images in our gallery. Then do it again. And again…

Continue reading Volvo releases details on ever-so-slightly updated 2013 XC90

Volvo releases details on ever-so-slightly updated 2013 XC90

It’s hard to believe that BMW has been selling SUV’s for 13 years now. When the BMW X5 launched to great controversy in 1999, “crossover” had yet to be coined and not a soul on this planet would have predicted that one day BMW would be offering the two-sizes-smaller X1. Yet it hits dealer lots this fall, in multiple models with a long line of options and trim packages.

The most basic choice when it comes to the X1 is whether you want a four- or six-cylinder engine. The two-liter, turbocharged four delivers 240 horsepower and 260 pound-feet of torque and is available exclusively with an eight-speed automatic, though both rear-drive (X1 sDrive28i) and all-wheel-drive (xDrive28i) versions are available. BMW says rear-drive four-cylinder X1 models can do 0-60 mph in 6.2 seconds, while the all-wheel-drive model is a tenth slower. Projected EPA fuel economy numbers are 24 mpg city, 33 highway, and 27 combined for the rear-drive model and 22 city, 30 highway, and 25 combined with all-wheel-drive.

Then there’s the six. With three liters of displacement and a single turbocharger, the N55 inline-six makes 300 hp and 300 lb-ft of torque. Available exclusively with a six-speed automatic and all-wheel-drive, the X1 xDrive35i does 0-60 in 5.3 seconds, but you’ll pay for that power at the pump. EPA ratings are just 18 mpg city, 27 highway, and 21 combined. The real world fuel economy difference between the four- and six-cylinder X1 models could prove to be even greater than what’s reflected in the EPA numbers, as the four-cylinder models include start-stop technology and eco modes, which are not part of the xDrive35i package.

And before we move on to trim packages, note that there is no manual transmission available in any X1. Keep reading for more ruminations on the 2013 X1.

Continue reading BMW releases slew of 2013 X1 photos, details fuel mileage and pricing

BMW releases slew of 2013 X1 photos, details fuel mileage and pricing

We just attended a thorough workshop covering the tech inside the next Audi A3, the new compact from Ingolstadt that the U.S. gets in October 2013 as a five-door Sportback model, as well as a new four-door small sedan. A concept version of the four-door was shown at the Geneva Motor Show last year, while deliveries of this European hatchback start this July.

Our first drive of the three-door premium hatchback model that will be available at launch happens later this month, though it’s sort of a shame we won’t be getting this three-door here in the States. The five-door Sportback model that will be sold in the U.S. will be shown this October at the Paris Motor Show and will be available in Western European in January of next year. The premium hatch segment is fillling up fast now with this Audi, then the Volvo V40, to be followed then by the all-new Mercedes-Benz A-Class.

Continue reading New details on the next Audi A3

New details on the next Audi A3

Motor Trend reports Toyota may have plans to resurrect the Supra name, or at least a new sports coupe to fill the role of the long-dead two door. Hot on the heels of sports cars like the Lexus LFA and Scion FR-S, designers are reportedly working on dusting off the 2007 FT-HS Concept for another go at life. Paired with the company’s GRMN MRS prototype chassis, the vehicle will likely deliver up to 400 horsepower from a 3.5-liter V6 engine and an electric motor.

If the notion of a hybrid Supra is enough to ruffle your feathers, you may want to stop reading right now. Unlike the previous sports coupe, the new model will make use of an all-wheel-drive system. Still reading? MT reports the machine will put power to all four wheels via a CVT pulled from the Lexus RX.

That noise? It’s the sound of a lonely sad trombone echoing down the halls of the internet.

Of course, all of this seems to be little more than a few educated guesses stuck together. Toyota CEO Akio Toyoda has voiced his support for a Supra successor in the past, and if green-lit, the model could see production by 2015. Early guesses say the car would bow with a $60,000 price tag, which would make for a perfect argument against sticking a new NSX in your garage.

Toyota Supra successor back in the cards?

While the Toyota TS030 Hybrid won’t be participating in this weekend’s FIA World Endurance Championship race at Spa-Francorchamps in Belgium due to a crash in pre-season testing last month, that didn’t stop the automaker from bringing the new endurance racer as a preview for what’s to come for the 24 Hours of Le Mans in June. The TS030 even made time for a quick photoshoot at the infamous Masta Kink alongside the new Audi R18 e-tron Quattro, which happens to be making its race debut this weekend.

While both the Audi and Toyota employ hybrid powertrains, a first for endurance prototypes, each go about it in very different ways. The TS030 makes use of a naturally aspirated 3.4-liter V8 while the R18 e-tron Quattro uses a turbocharged diesel V6. Audi’s hybrid system powers the front wheels, hence the Quattro name, while Toyota has yet to announce whether it’s system will drive the front or rear wheels.

The closed cockpit racers make for quite an attractive couple, and we hope it’s a pairing that will form a lasting rivalry in the coming years.

Toyota TS030 and Audi R18 E-Tron Quattro pose for the camera

While the Toyota TS030 Hybrid won’t be participating in this weekend’s FIA World Endurance Championship race at Spa-Francorchamps in Belgium due to a crash in pre-season testing last month, that didn’t stop the automaker from bringing the new endurance racer as a preview for what’s to come for the 24 Hours of Le Mans in June. The TS030 even made time for a quick photoshoot at the infamous Masta Kink alongside the new Audi R18 e-tron Quattro, which happens to be making its race debut this weekend.

While both the Audi and Toyota employ hybrid powertrains, a first for endurance prototypes, each go about it in very different ways. The TS030 makes use of a naturally aspirated 3.4-liter V8 while the R18 e-tron Quattro uses a turbocharged diesel V6. Audi’s hybrid system powers the front wheels, hence the Quattro name, while Toyota has yet to announce whether it’s system will drive the front or rear wheels.

The closed cockpit racers make for quite an attractive couple, and we hope it’s a pairing that will form a lasting rivalry in the coming years.

Toyota TS030 and Audi R18 e-tron Quattro pose for the camera

There’s good reason this Mini more than doubled it’s pre-sale estimate, and it’s not because Neil Armstrong once drove it. No, Lot 307 at Bonhams’ Hendon, U.K., sale was bid up to $65,100 because it’s an exceptionally rare early Mini, just the eighth of the iconic cars ever manufactured, according to the auction company.

The seller was clearly able to capitalize on the current collector car trend of finding unrestored survivor cars – those gems that have somehow escaped not only the ravages of time and oxidation, but five decades of enthusiastic collectors armed with an attitude that tearing it down to the base metal and building it back up, “better than new,” is the only way to enjoy vintage iron. The auction company advertised this 1959 Austin Seven (the Mini name wasn’t applied to the Austin version until 1961) as the oldest unrestored Mini, saying that only three earlier cars are known to exist, one of which is in the British Motor Industry Heritage Trust museum.

Unrestored cars have achieved their recent popularity in part because they serve as records of how the cars originally came from the factory. Production standards in the ’50s and ’60s were much more lax than they are now, and written records can be hard to come by, hence the need for cars like this to direct historians and restorers alike.

The Mini, of course, is one of the most popular cars of all time, remaining in production with few changes from 1959 through 2000. Over 5.3 million of the cars were produced over that period, before BMW shut down production to launch its modern version of the car.

Scroll down to read Bonhams full catalog description.

Continue reading Why did this Mini sell for over $65,000?

Why did this Mini sell for over $65,000?

If the idea of building a four-seat hard-top convertible supercar in Holland strikes you as off-the-wall, then its racing counterpart should blow your mind. We’re talking about Savage Rivale, the markers of the Roadyacht GTS and the competition-spec GTR model it just unveiled at the Top Marques show in Monaco.

Packing upwards of 700 horsepower from a turbocharged 6.2-liter V8, the Savage Rivale GTR is said to be good for 2.8-second sprint to 62 miles per hour and a 360-km/h (234-mph) top speed. With those capabilities, the race-ready Savage is earmarked to tackle the Nürburgring Norschleife lap record for four-door automobiles, a distinction which (to the best of our understanding, anyway) currently belongs to a Subaru Impreza WRX STI driven by rally ace Tommi Mäkinen for Car and Driver in 2010 to a 7:55 lap time, edging out Pikes Peak legend Walter Röhrl in the Porsche Panamera Turbo at 7:56 the previous year.

Only 69 examples are slated for production. We’re still waiting on final specifications to be released, but in the meantime you can check out the gallery of high-resolution images from its unveiling in Monte Carlo in the gallery above.

Savage Rivale GTR earns Top Marques in Monaco

With BMW readying a refreshed X1 crossover for the U.S. this fall, Mercedes-Benz is looking to play Burger King to the Bavarian automaker’s McDonald’s, launching its own kiddie-sized crossover next year. According to Car, the new model, formerly known as BLK, is now called GLA, thanks to the marque’s new nomenclature.

The GLA will share a platform with the new A-Class and B-Class, riding on what Mercedes refers to as its MFA architecture. Car says the GLA will be about the same size as the B-Class pictured above, at 174.8 inches long, 70.9 inches wide, and 59 inches tall, with a 106.2-inch wheelbase – just slightly smaller than the X1. The magazine doesn’t have any specific information about what might be powering the new crossover, but says it will share powertrains with its platform-mates. This means we can probably expect the turbocharged, 208-horsepwoer, 2.0-liter four-cylinder with direct injection that we saw in the Concept Style Coupe at Beijing to be fitted underhood once the GLA arrives Stateside.

New entry-level Mercedes crossover to be dubbed GLA

Mini will launch its seventh model – a two-door version of the Countryman crossover – at the Paris Motor Show later this year, and our trusty spy photographers recently spotted this prototype out testing. Many sources have stated that the car will be dubbed Countryman Coupe when it hits the market, but we’ve also heard rumors that the vehicle will wear the Paceman name that was given to the original concept that debuted at the 2011 Detroit Auto Show.

Whatever it ends up being called, the two-door Countryman formula is pretty simple. The rear doors have been removed, allowing for a more swept-back roofline that integrates into an updated rear fascia. The rear end design – as previewed in these spy shots, anyway – is immediately reminiscent of the Land Rover Evoque, the Countryman’s main competitor.

Mum’s the word on powertrain choices, though we’d expect the four-door Countryman’s range of naturally aspirated and turbocharged engines to carry over largely unchanged, mated to both front- and all-wheel drive. Stay tuned for the car’s official unveiling in Paris later this year.

Mini Paceman Countryman Coupe spotted testing

Subaru has been trying to figure out the direction for its three-headed monster, as the Impreza and its WRX and WRX STI variants have grown increasingly at odds over the past two generations. Now this gets thrown into the mix: When the new WRX gets released in late 2013, it may ditch the traditional exhaust-gas powered turbocharger for a new, electric design.

That’s right, according to The Sydney Morning Herald, Subaru is working on an electric turbo, shades of those computer-fan-sourced “power adders” you used to see advertised in the back pages of Sport Compact Car a decade ago. Except we would assume Subie-parent Fuji Heavy Industries is developing a design that actually works. According to the report, heat from the exhaust would be captured, but instead of using the exhaust pressure to turn the turbocharger’s turbine, the heat energy would be converted to electricity, which would then spin the impellers. This could be more efficient, as well as eliminating the piping and turbo lag.

While that sounds neat and all, we’re not so sure we want to see an unproven technology like this applied to one of our favorite affordable performance cars. Unless, of course, it allows for BMW M3-like performance in a $30,000 car.

Next Subaru WRX to use electric turbocharger?

The General wants more rear-wheel drive vehicles in its lineup and has plans to bring a few more to America, including a sedan and possibly a wagon and sport utility, according to Car and Driver.

GM already sells a rear-wheel-drive Chevrolet sedan in the U.S., but only sworn law enforcement officers are allowed to drive it: The Chevrolet Caprice PPV.

Now, GM will reportedly build a civilian offshoot of the the PPV and market it as the SuperSport sedan, as we reported last week. Under the hood would be GM’s 6.2-liter V-8 creating more than 400 horsepower. That SuperSport badge will also go onto Chevrolet’s NASCAR entry next year.

Car and Driver reports that after the V8 SuperSport launches, a milder 300-plus-horsepower 3.6-liter V-6 model will follow. By 2015, when the rear-wheel-drive Zeta platform is improved, production of this vehicle (as well as the PPV) will come to America, thus opening up the market for more police car sales, as some local governments can only buy American-made cruisers.

Furthermore, GM is considering building a rear-wheel-drive wagon as well as a sport-utility (read: ute) model. The updated Zeta II platform can handle both vehicles, especially since the next-generation Camaro will be shifting to the new Alpha platform that will underpin the Cadillac ATS and next-gen CTS.

Really, all of these vehicles are derivatives of the Pontiac G8, which is still on sale as the Holden Commodore in other markets. It was, arguably, the best Pontiac ever made. Bringing cars, wagons and utes like that to America, under any name or brand, is an immigration policy we can fully endorse.

GM considering RWD wagon and ute for U.S. market

A Small-Scripted S Delivers Power, Performance And Pomposity

Porsche offers its Panamera to North American buyers in no fewer than eight models with six different engine choices, including a hybrid. There’s even an oil-burning diesel model available across the Pond. At one end of the spectrum is the entry-level Panamera with a very capable 300-horsepower V6. At the other end, and at the top of the pecking order, is the Panamera Turbo S, boasting a 550-horsepower twin-turbocharged V8. Not only is it the most powerful street-legal Porsche on offer, but it is the world’s quickest four-door sedan. Err… hatchback.

So others are aware of the Panamera’s potential, Porsche reserves its coveted ‘Turbo’ script only for its most capable vehicles. It is indeed a badge of honor. However, the ante is upped even further when a small scripted ‘S’ is adhered as a suffix. Its addition indicates to all others that the overall performance has been boosted to flagship levels – it is a tiny yet bold badge of bravado.

To help us solve the riddle of whether or not the Panamera Turbo S is more than just an exercise in demonstrating masculine superiority within ones social circle, Porsche deposited a stunning Aqua Blue Metallic example in our driveway for a week. It was our job to put the $195,000, four-passenger neck-snapper to the test and somehow avoid filling its glovebox with citations in the process.

Continue reading 2012 Porsche Panamera Turbo S [w/video]

2012 Porsche Panamera Turbo S [w/video]

It’s a rare thing, but every now and then, our automotive wishes come true. Nissan has announced that it will produce the heinous Juke-R in very limited numbers after a warm reception in Dubai. The company has already received three orders so far, and Nissan says it will begin taking additional orders in the next four weeks.

Each model will be built to order using model year 2012 drivetrain components, meaning there’s a modest bump in power – 545 horsepower versus the original Juke-R’s 480. As you may recall, the first Juke-R used bits cannibalized from a 2010 GT-R. How much will the machine cost? Nissan isn’t saying, but we’d be willing to bet the Juke-R will carry an MSRP a bit higher than the GT-R.

With 545 horsepower crammed into the quirky lines of the Juke, the machine is unlike anything else on the road. Nissan has also worked up a quick video to commemorate the production announcement. The clip focuses on the showdown between the Juke-R and several supercars in Dubai. Scroll down to check it out alongside the full press release.

Continue reading Nissan Juke-R to get limited production run [w/video]

Nissan Juke-R to get limited production run [w/video]

If you were one of the world’s richest human beings, what kind of car would you own? The richest man in the world, Carlos Slim Helu (worth about $69 billion), drives himself to work in a Bentley Continental Flying Spur. MSRP: $300K.

On the other hand, if you were Ingvar Kamprad, founder of Ikea, you’d drive something more humble like a 1993 Volvo 240. We wonder if he had to put it together himself.

Then there’s Bill Gates. Another of the world’s wealthiest people, Mr. Gates showed a video at the 2008 CES keynote of him driving away from his last day at work at Microsoft in a Ford Focus. While that may or may not be his daily driver, one of his cars has been well documented.

In 1999, President Clinton signed into law the “Show and Display” rule that exempted certain collectible cars from government emission and crash worthiness rules. Bill Gates and several other very rich motor nuts were instrumental in getting the law passed. The exemption allowed Gates to break his Porsche 959 free from the customs impound lot after more than a decade.

Check out the other 11 gajillionaires and their rides here.

Cars of the Rich and the Famous

The emergence of the V40 is arguably the biggest news to come out of Volvo since Ford sold it to Geely. Just as with any new car – European hatchbacks especially – the aftermarket will follow shortly with modifications, and in the case of Volvo, that means Heico Sportiv.

The German tuning house specializes in Gothenburg’s finest. The firm already has a new ECU module for the T5 engine in the V40 that brings output up from 237 horsepower to 266 and from 236 pound-feet of torque to 269. Heico has released a pair of renderings previewing what it plans to do with the outside of the slick new sport-wagon.

From the teaser renderings, we can see a new set of lightweight seven-spoke alloys, new bumpers front and rear, side skirt extensions, a relatively low-key diffuser and quad ovoid exhaust tips. In other words, the V40, only slightly more so. Unfortunately, since the V40 isn’t earmarked for American showrooms, this may be as close as we’ll get.

Heico Sportiv gears up to mod new Volvo V40

The Toyota Prius, the most popular hybrid in the world, was also the most popular plug-in vehicle in U.S. last month.

Compared to sales of the Chevrolet Volt and the Nissan Leaf, which sold 1,462 and 370 units, respectively, the $32,000 Prius Plug-in quietly sold 1,654 copies in April, reports PluginCars. With such strong name recognition and pent-up demand for a Prius with a cord, this shouldn’t really have been a surprise. But it still kind of is.

Toyota sold more Prius models in the U.S. last month than ever before in April (March 2012 was the Prius’ best month ever), even though the number of selling days was short. The four members of the “Prius family” sold a combined 25,168 units, an increase of 126.9 percent compared to April 2011 (which was right after the Japanese tsunami). Overall, Toyota and Lexus sold 32,593 hybrids last month, 30,126 of them wearing the Toyota badge, 2,467 of them the upper-class Lexus models.

Last year, Toyota said it expects to sell 16,000-17,000 Prius Plug-in models in 2012. Since Toyota doesn’t break out model numbers, we’re not sure what the total is for the year thus far, but 1,654 plug-ins a month is enough for the company hit that target. Scroll down below for Toyota’s official sales results.

Continue reading Toyota Prius plug-in sells 1,654 copies in April, beating Chevy Volt, Nissan Leaf

Toyota Prius plug-in sells 1,654 copies in April, beating Chevy Volt, Nissan Leaf

The supermini market is a vital one for European automakers, and though its current Clio remains a popular choice, Renault is not about to rest on its proverbial laurels as its most popular model gets older and less relevant. So with that in mind, the French carmaker is apparently preparing to unveil an all-new Clio hatchback at the next major auto salon.

That show won’t be taking place until September when Renault’s home-market Paris Auto Salon opens its doors at the Port de Versailles, but a pair of teaser shots have already surfaced giving us a tiny glimpse at what to expect. The images – reportedly leaked from internal documents – show the grille and a sliver of the rear 3/4. The front looks to take cues from the smaller Twingo, while the rear betrays an upward kink in the shoulder, more aggressive taillights and an altogether more sculpted shape.

Styling penned by Laurens van der Acker is expected overall to take its lead from the DeZir Concept. We’ll have to wait until after the summer to see it in full, though.

Renault to unveil new Clio at Paris show in September

Ever wonder why the Guinness Book of World Records is so darn big? We’re not exactly experts on the ins and outs of officially recognized feats, but we’d have to say it’s because the organization will put its stamp of approval on just about anything imaginable. Like, for instance, the top speed of a toilet.

That’s right, folks. There’s a new World’s Fastest Toilet, and it hails from Australia. Piloted by Jolene Van Vugt, this motorized porcelain throne managed a two-way average of 46.6 miles per hour. Don’t worry – this record may have been claimed, but the World’s Fastest Kitchen Sink has a nice ring to it, don’t you think?

If you think setting a world record on a toilet is crazy, perhaps you’re not familiar with Van Vugt. She’s a professional motocross rider, was the first woman to backflip a dirtbike and is one of the stars of the Nitro Circus television and live-action show.

Naturally, we have video of Jolene on the toilet below, along with an image gallery of the self-proclaimed porcelain princess in the act before, during and after the flush.

Continue reading Jolene Van Vugt sets Guinness record on… a toilet [w/video]

Jolene Van Vugt sets Guinness record on… a toilet [w/video]