Originally Posted by AutoBlog

It's a sign of the times that most buyers of the new Camaro would go for the V6 and not the V8. At $31,595, the eight-cylinder SS model naturally sells for more than the $23,530 base V6 model. To compound the issue the V6 model costs the auto giant nearly as much to build as the V8 version.

So why would GM want buyers to go for the V6? The smaller engine would help the General keep its Corporate Average Fuel Economy (CAFE) rate on the good side of earth-friendly. But according to Edmunds, customers have been voting with their feet. Their right feet, as it would happen, heavy as they are.

Of more than 47,000 Camaros sold from April through October, Edmunds estimates that about two-thirds have been V8 SS models – a trend we can get on board with.

[Source: Inside Line]

Originally Posted by AutoBlog

With all the trials and tribulations General Motors has endured during the past year, we almost forgot that the Detroit, MI-based automaker nearly got itself tied up with Renault-Nissan. Back in 2006, the two companies discussed joining forces to become a singular global automotive juggernaut, but in the end, GM felt it was in its best interests to go it alone and face the quickly disintegrating global automotive market by themselves.

While GM's situation ultimately improved via bankruptcy and a $50 billion helping hand from the U.S. government, Renault-Nissan CEO Carlos Ghosn still thinks the partnership would have been "without a doubt" in everyone's best interests. Ghosn reportedly made the comments during a meeting of the Council on Foreign Relations, adding that "there was a possibility to create something that would be extremely competitive."

Ghosn then went on to say that he wasn't happy the two companies didn't end up working together after GM nearly collapsed because "when you see the disaster and the waste of energy and skills and talent, nobody can be happy." The charismatic CEO also said that Renault-Nissan was very concerned about GM's precarious position earlier in the year due to the fact that his company uses many of the same suppliers. If GM had gone down, it would have probably taken more than a few suppliers with it, and Ghosn says that as a result, Nissan wouldn't have been able to make a single vehicle in North America.

While we can definitely understand why Ghosn would have preferred that the marriage of his company to GM was consecrated, we still don't see how it would have helped The General in the long run. GM still would have been in a very uncompetitive cash situation, and Renault-Nissan doesn't have much in the way of technology or platforms that the General doesn't already the equivalents to.

[Source: The Detroit News | Image: Raveendran/AFP/Getty]

Originally Posted by AutoBlog

Here's an unsurprising stat for you: 60 percent of all vehicles sold in the U.S. that cost over $100,000 find homes in New York, Florida and California. The majority of which are parked in garages in Manhattan, Miami and Los Angeles, respectively. So the revelation that Bentley, Ferrari and Lamborghini won't be attending next month's LA Auto Show is -- at the very least -- surprising.

According to a spokesperson speaking with The Detroit Bureau, Bentley has decided to skip the So. Cal. show, adding that the automaker is looking for "a better use of our resources." Ferrari and its sister marque Maserati are out as well, with an unnamed source telling the industry pub, "It's just the economy. We're cutting back on a lot of things."

Given the global economic climate and its affect on high-end automotive sales, the choice to scale back isn't such a shock, but for automakers that rely on the Southern California market, it's a disturbing sign of the times. As for the rest of the LA exhibitors, the luxury market's Big Three (Audi, BMW and Mercedes-Benz) will be in attendance, although it looks like the lower hall will only house Aston Martin, Spyker, Fisker and -- we'd assume -- Rolls-Royce.

[Source: The Detroit Bureau]