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Monday, January 5, 2009

MT's 2008 Cars We Loved

Chismillionaire loves these picks particularly the Maserati Quattroporte and Audi R8. It shows that a great car might not be the greatest performing car. With nobody picking the Nissan GT-R or Corvette ZR1, it's great to see people looking at these vehicles from an ownership/love perspective.

Applaud someone for picking the Honda FCX Clarity for the technology it represents and how far ahead of the curve it is.
Also love the tidbit on the forever third place finishing in comparos Lexus IS-F. It is really probably the best Hot Rod Sedan to own and easiest to live with. After all it is a Lexus.

"So, what was the best car you drove this year?" It's one of those questions that routinely crops up during holiday party conversations once folks find out what we do for a living here at Motor Trend. And it's a fiendishly difficult one to answer: The definition of "best" usually involves a highly personal compromise between need and desire. One man's Ferrari is another man's total waste of money.



This compromise is at the core of every test we do. To get around it, we approach every new car, truck, or SUV we test with a key philosophical question in mind -- how well does the vehicle do the job its maker designed it to do? Understand what a vehicle's intended function is, what market segment it's aimed at, and what price point it's meant to hit, and you have the foundation for a first drive, full test, or multi-car comparison.

We drove or tested hundreds vehicles this past year; everything from low-buck econoboxes to 200-mph supercars. We picked the good, the bad, and the ugly, and told it like it was. But out of all those vehicles, which are the ones that hit our personal sweet spot between need and desire; the ones that may not have been the fastest, the most stylish, the most economical, or even the best value for money, but simply were the cars we loved? Read on, and find out... -Angus MacKenzie

BMW M3 DCT

Angus MacKenzie: BMW M3 DCT

There were faster, more exotic, more expensive cars. But nothing touched me like the BMW M3 DCT. The M3's chassis balance is sublime; the steering surgically precise; the brakes bulletproof; that yowling V-8 utterly intoxicating. And now the lightning fast, seven speed, dual clutch, paddle-shift tranny ties it all together. On one mad, early morning dash across a heaving, twisting, deserted central California two lane, this car made me feel like Kubica on a qualifying lap.


Honda FCX Clarity

Kim Reynolds: Honda FCX Clarity

Every now and then you drive a car that seems more like a worm hole into the future than yet another rearrangement of four wheels, and the Honda FCX Clarity was mine for 2008. While it didn't completely make me a hydrogen believer, for a few hundred miles at least, I felt like Kubrick had cast me into an automotive remake of 2001: A Space Odyssey. Better buckle up, HAL.


2008 Mini Cooper Clubman

Edward Loh: Mini Clubman S

Reynolds and St. Antoine expect me to say, "Duh, GT-R", but my love for 2008 wasn't the world's fastest, most attractive (believe it, Kim), all-wheel-drive coupe. It was the lust driven tryst I had with the Mini Clubman S. As I profiled in the Feb. 2008 issue, it was a breathless affair for the ages -- a rush of smashed inhibitions and highly irresponsible behavior that came from driving the right car on the right road.


1961 Ferrari 250 GT SWB Spyder California

Matt Stone: 1961 Ferrari 250 GT SWB Spyder California

Like Audrey Hepburn in a Halston gown, you don't need anyone to tell you that a Cal Spyder is elegant. And this was special among the special, as it was owned by actor James Coburn for more than two decades. I trembled as I settled into this triple black beauty. Driving Coburn's Spyder around Ferrari's Fiorano test track in Italy was the highlight of my automotive 2008. Glad I brought it home in one piece too; the next day, it sold for at auction for $10.9 million.

2008 Ferrari California

Gavin Green: Ferrari California

There has never been a Ferrari with such a broad and breathtaking range of abilities. It can play the easy riding comfy cruiser, a Bentley-by-Ferrari, coupe one moment convertible the next. Or be a Schumacher-at-Spa racer, helped by that brilliant seven-speed paddle gearshift and a handling balance that takes Ferrari to a whole new plane of excellence.



2009 Jaguar XF Supercharged

Arthur St Antoine: Jaguar XF Supercharged

Yes, the Alfa-Romeo 8C roared like a lion that'd swallowed Pavarotti, and, yes, driving the ZR1 was a 10-meter platform dive into a pool of adrenaline, but in 2008 I loved the Jaguar XF Supercharged most. Why? Because I'd own one. Superb comfort? Check. Rakish good looks? Check. Performance and handling worthy of a purpose-built two-seater? Check mate.


Audi R8 side view

Scott Mortara: Audi R8

We first played with this car last year, but we had it back this year for our Best Handling test, and it won, that's right, the Audi R8 was my favorite car of 2008. There is nothing I don't like about this car, the look, sound, feel, everything is fantastic. It might not be the fastest in a straight line, or turn the quickest lap time but it will hang with almost anything out there, and I love it.



2008 Ferrari Scuderia

Paul Horrell: Ferrari Scuderia

No question. Many supercars intimidate me by demanding Fangio-like skills, but this one seemed to bestow them on me. Its electronic wizardry augmented my own meagre abilities, while communicating its intentions in an animate, organic manner. Oh yes, the GT-R did that too, but the GT-R didn't have that engine, those looks, this heritage.



2008 Maserati Quattroporte S

Frank Markus: Maserati Quattroporte S

Maybe it was the Austrian Alpine scenery or the hip tunes my co-driver Steve brought along for the ride, but I doubt it. The Maserati Quattroporte S's supermodel-svelte sheetmetal, Armani interior, Ferrariesque chassis and eight-tenors engine-note could probably seduce anybody reading this even on a North Dakota freeway with the radio off.



2008 Lexus IS-F

Ron Kiino: Lexus IS F

The M3 is nimbler and the C63 quicker, but give me the Lexus IS F. Its V-8 warble above 4000 rpm is titillating. Its hunkered-down stance is menacing. Its green factor (no gas-guzzler tax, 18-mpg combined fuel econ) is forests beyond the Teutons'. And its uniqueness (only one to hail from Japan, offer eight cogs, and get standard 19-inch forged alloys) is eminent.



BMW 1 Series


Mike Floyd: BMW 1 Series

It's not the greatest-looking coupe in the world, nor is it the fastest or most technically gifted vehicle in the BMW stable (see M3 DCT above), but the 1 Series is hands down one of the most engaging and entertaining vehicles I've ever driven, and that goes for both the 128 and 135 -- with either six speed tranny on board. Tight, light, and amazingly quick and agile, to me, the 1 Series is the Ultimate Ultimate Driving Machine.


Audi R8 in the mountains

Todd Lassa: Audi R8

Not because of its mid-engine balance. Not because with a clutch as light as an A4’s; it’s the next-generation NSX that Acura would love to build. It’s because Audi put Blizzaks on one last January and let us have fun in the cold and snow. And it worked.

Top 10 MacWorld Rumors

Apple’s (AAPL) last Macworld Conference and Expo opens Monday at San Francisco’s Moscone Center, but the real action starts Tuesday at 9 a.m. PT (12 noon ET) with senior vice president Phil Schiller’s opening remarks — the first Macworld keynote not delivered by Steve Jobs since 1997.

Nobody’s expecting breakthrough products that rise to the level of the iMac (Macworld 1998), the iBook (1999), iTunes (2001) or the iPhone (2007), but this Expo is not without its drama, speculation and hype.

Our top 10 favorite Macworld rumors:

10. Snow Leopard release date. We know a lot about Mac OS X 10.6, thanks to Jobs’ June 2008 announcement that it was coming, Apple’s official description of the product and a steady stream of leaks from the developer community. What we don’t know is when it will ship.

9. Unibody 17-inch MacBook Pro. By several accounts, this machine was supposed to be released in October, along with the new unibody 13-inch MacBook and 15-inch MacBook Pro. But display issues and problems with the optical drive reportedly pushed its release back “several months” — which brings us to next week’s Expo. UPDATE: Seth Weintraub at 9to5Mac adds this twist: the new 17-inch Pro will sport a superslim longer-lasting nonremovable battery pack.

8. Revamped iWork. The big news on New Year’s Eve was the “truckload” of information dumped on various rumor sites about iWork — Apple’s homegrown answer to Microsoft (MSFT) Office. The thrust of it was that what’s now a suite of desktop applications — Pages, Numbers and Keynote — is about to be transformed into a collection of Web-based apps like the .Mac Web Gallery, suitable for cloud computing.

7. 32 GB iPhone. Whispers that Apple was set to double the memory of the top-end iPhone have been floating around since September, but AT&T’s (T) post-Christmas $99 iPhone sale and word that Apple had sewed up the lion’s share Samsung’s flash memory production all point to a January release.

6. 64 GB iPod touch. Rumors of this memory upgrade go back even further. It was supposed to happen in August, then in September, and then before Christmas. With memory prices falling, time is more than ripe.

5. New Mac mini. Rumors of the most affordable Mac’s imminent demise have given way to a flood of new specs, among them 2.0 or 2.3 GHz Core 2 Duo processors, NVIDIA graphics platform, dual display outputs and dual drives that can be configured every which way.

4. New iMac. Some inspired sleuthing in the extension files that shipped with the new MacBooks found references to NVIDIA chipsets for both a Mac mini and a new iMac — along with hints that the reconfigured all-in-one desktop was supposed to ship in November but got pushed into 2009 by unexpected delays. DigiTimes now reports that Apple has ordered shipments of 800,000 per month.

3. New iPod shuffle. FBR Capital Markets’ Craig Berger, whose track record AppleInsider describes as “questionable,” expects Apple to release a new and smaller version of the iPod shuffle sometime in the first calendar quarter — which started on Thursday. AppleInsider adds that it has picked up chatter of a new shuffle that would be flat as a credit card but thick enough at one end to fit a headphone jack.

2. New Apple TV/Time Capsule. This one also comes from an analyst. Shaw Wu, a veteran Apple watcher newly ensconsed at Kaufman Bros., wrote last week about the possibility that Apple will introduce a new consumer device — “an enhanced version of Apple TV and/or Time Capsule” — that would give users access to their media content, SlingBox style, from anywhere on the Internet.

1. Steve Jobs. Show or no-show, Apple’s CEO is both Macworld 2009’s No. 1 rumor and No. 1 source of rumors — whether it be that he’s stepping down, that his health is failing, that he doesn’t feel there’s enough news in Nos. 1-9 to justify a Steve Jobs keynote, or that he just doesn’t feel like playing in Macworld’s sandbox anymore. We favor the theory that he’s set the stage brilliantly for a surprise cameo appearance.

The Bust is a Boon for Some


From California to D.C., falling home prices and cheaper mortgage rates are making dream homes possible.

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Boynton Beach, Fla.

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Purchase price: $285,000
Price change from peak: -42%


When Scott Furr and his partner Damian Hetherington sold their North Carolina condo in 2003 and moved to Palm Beach County Fla., they intended to buy a house. It took a lot longer than they planned.

"The real estate market was exploding here in Florida, and it placed many desirable homes out of reach," said Furr, a structural designer.

Even confining their property searches to short sales, homes listed for less than what the current owners owe to their lenders, the pair found most homes overpriced. They finally got lucky when their agent recommended a house that had originally listed at $425,000 in November 2007. By the time they saw the home earlier this year, the lender had approved a short sale of $325,000 on a $390,000 mortgage.

The pair fell in love with the four-bed, two-bath, 2,800-square-foot Mediterranean. They offered $285,000, haggled some as area prices continued their decline (down 16% this year, according to real-estate Web site Zillow.com) and closed in June. They even got the lender to throw in 3% at closing.

But when they took possession in July, there was a bit of a surprise: The previous owner had trashed the place before he left. "He removed all the shelving and lighting fixtures," said Furr, "and left a refrigerator full of rotting food."

There was also tons of debris in the yard, garage and attic. "We got a 30-yard construction dumpster and came over every night after work to clean everything up," said Furr.

But all's well. They now proudly own a beautiful home with lovely gardens complete with palms, all for a price they couldn't have touched a few years ago.

"I feel the bust was badly needed, and it opened up an opportunity that we otherwise would not have had," Furr said. - L.C.

Steve Jobs Weight Loss due to Hormone Issue- will remain CEO while being treated

NEW YORK (CNNMoney.com) -- Apple Chief Executive Steve Jobs said Monday that doctors may have discovered the cause of the weight loss that has caused speculation about his health, adding that he will continue to serve as the computer maker's CEO.

In a letter to the "Apple community," Jobs said the cause appears to be "a hormone imbalance that has been 'robbing' me of the proteins my body needs to be healthy. Sophisticated blood tests have confirmed this diagnosis."

Jobs released the letter as the Macworld conference for Apple developers was to get underway in San Francisco. No major breakthrough products were expected from the conference, the first that won't be highlighted by Jobs since he returned to power at the company in 1997.

Investors were relieved to hear that Jobs' condition is improving. Stock of Apple (AAPL, Fortune 500), based in Cupertino, Calif., rose about 3% in early Monday trading.

"It should alleviate an overhang on the stock," said Shannon Cross, technology analyst for Cross Research. "It should provide [investors] with more confidence that Steve Jobs is going to be around for a while."

Apple's decision to have Phil Schiller, senior vice president of worldwide product marketing, headline the conference had fueled speculation about Jobs' health, as he experienced noticeable weight loss last year. Schiller is scheduled to deliver the keynote address Tuesday.

"Unfortunately, my decision to have Phil deliver the Macworld keynote set off another flurry of rumors about my health, with some even publishing stories of me on my deathbed," Jobs said in the letter.

Also, Jobs underwent surgery for pancreatic surgery back in 2004, further fueling rumors about his health problems. But Jobs said Monday he would recover and continue to lead Apple.

"The remedy for this nutritional problem is relatively simple and straightforward, and I've already begun treatment," said Jobs. "But, just like I didn't lose this much weight and body mass in a week or a month, my doctors expect it will take me until late this spring to regain it. I will continue as Apple's CEO during my recovery."

Apple's board of directors released a statement of support for its CEO.

"It is widely recognized both inside and outside of Apple that Steve Jobs is one of the most talented and effective CEOs in the world," read the board's letter. "As we have said before, if there ever comes a day when Steve wants to retire or for other reasons cannot continue to fulfill his duties as Apple's CEO, you will know it.

Proof That Genesis is indeed a Game Changer- Sales are on Target (Even in Current Market Climate)

2009 Hyundai Genesis Sales on Target

MediaPost reports that Hyundai has sold 5,127 examples of its Genesis sedan, which went on sale in July 2008, with 1,151 being sold in the month of November. Hyundai's big gamble seems to be paying off, or at least breaking even-quite a feat for the company given the drastic automotive market downturn in the last quarter of 2008. Sales in the past 90 days have been at or near objectives.

Hyundai's Genesis nameplate-a coupe is coming in 2009-was created to compete with the likes of the BMW 5-Series and raise the overall appeal of the Hyundai brand, the latter objective one the sedan has met thus far according to Joel Ewanick, Hyundai Motor America's Vice President of Marketing.

"Genesis has helped move the needle away from how Hyundai has been perceived," Ewanick said. "Net consideration is the way we look at awareness and consideration for the Hyundai brand, and that has improved 25 percent this year alone."

Ewanick also said that 90 percent of all Genesis buyers are new Hyundai customers, and 40 percent of buyers traded in Lexus, BMW, Mercedes or Porsche vehicles.

Hyundai is readying a marketing blitz in anticipation of the 2010 Genesis coupe due next year. It recently announced that it will air two advertisements during the Super Bowl, and Ewanick revealed that Hyundai will also advertise during the Academy Awards.

"[Such events] give us an opportunity to state our case and show that this is another Hyundai," Ewanick said. "If [consumers] aren't forced to reconsider us, they won't."

Source: MediaPost

BMW "Progressive Activity Sedan" a GO

BMW Will Build 'Progressive Activity Sedan'

BMW will go ahead with plans to bring its "Progressive Activity Sedan", or PAS, to market. Referred to over the past year as the V5, 5-Series GT, 5-Series Fastback and 5-Series Hatch, BMW's PAS is an original concept regardless of its identity crisis.

According to Autocar, one source claims BMW has identified an ageing population group that finds modern sedans too low but also dislikes SUVs. The automaker will address this perceived niche by giving the PAS a higher driving position than a normal sedan. Because it is based on the new platform underpinning the 2009 BMW 7-Series however, the car will share more with its sedan brethren than its X6 lookalike.

The exact dimensions are unknown, but the PAS is slightly longer than the 5-series sedan and shorter than the 7-series. It will also ride higher than a normal sedan. The car's height is somewhere between a 5-series and an X6. Inside, Autocar's source says the PAS will offer the same amount of generous legroom as the new 7-series, although headroom is probably a bigger concern with its sloping roof.

The roofline and hatch are similar to the X6, but the car's front end will refer to the CS concept, pictured above. The interior will continue the flowing design theme of the 2010 BMW Z4 roadster, with a wide center console. There has been no word on whether the PAS will be a 4- or 5-passenger vehicle, and no details have emerged concerning the engine specifications, but the 3.0-liter turbo-diesel for the U.K and 3.0-liter turbocharged gasoline engine for the U.S. are safe bets.

Source: Autocar

Hyundai Genesis Coupe Driven






It's 5 a.m. in South Korea and we slip downstairs in the dark from our motel room in Uljin to the underground parking garage. We point the key fob into the blackness and a car's soft interior lighting illuminates a sumptuous leather cabin. Headlights cast a glow, highlighting aggressive character lines that cut across purposeful bodywork.

We're drooling over a Hyundai, for heaven's sake. It's the 2010 Hyundai Genesis Coupe. We load the gear into the surprisingly accommodating trunk, slip into the chilly cockpit and press the starter button. We're looking forward to this. Really looking forward to it.

In 10 minutes time, we'll be carving a piece of Korean blacktop that's every bit as epic as the very best roads in the world. It's the Bulryeong Valley, an amazing route that starts on Korea's picturesque east coast and reaches into the country's mountainous heart.

It'll be a real test, a mustard-cutting exercise for the 2010 Hyundai Genesis Coupe that will prove whether the Koreans can make a genuine world-class sport coupe.

World-Class Rear-Wheel-Drive
This is the 2010 Genesis Coupe, the two-door version of the rear-wheel-drive car that has won Hyundai grudging respect at last from the world's luxury carmakers. At its core, this top-line Genesis SE coupe is powered by Hyundai's 32-valve, 3.8-liter Lambda V6, which produces 299 horsepower at 6,300 rpm and delivers 266 pound-feet of torque at 4,700 rpm. A ZF-built 6HP26 six-speed transmission sends the power to the rear wheels.

This car looks substantial in person, measuring 182.3 inches long, 73.4 inches wide and 54.3 inches tall. The wheelbase is commensurately long at 111 inches. The suspension setup includes MacPherson struts up front, while a five-link independent arrangement controls the rear wheels. If the V6 is in place, the Genesis coupe weighs in at 3,549 pounds; if the turbocharged, intercooled, 212-hp 2.9-liter inline-4 is doing business under the hood, the car weighs 3,439 pounds.

There are three trim levels: entry-level GS with turbo inline-4; the GT with the V6; and the high-performance SE with a sport-tuned suspension, Brembo brakes and 19-inch tires matched to either the four- or six-cylinder.

Leaving Uljin
We turn off Highway 5, burble through still-sleeping villages, then start to climb into the hills that tower above. The road to Yeongju is smooth, fairly wide and bordered by guardrails and catch fencing. Sweeping corners outnumber straights 10 to one. It's like we've found our own private racetrack.

Even in this demanding environment, the 2010 Hyundai Genesis Coupe still delivers. It grips so hard at the front that you wonder if there is actually a Korean word for understeer, then encourages you to get on the gas early and put all 299 hp to use at the rear. Again there's grip from the 19-inch rear tires, yet there's a lightness and deft poise that makes for an immensely satisfying and extremely manageable flow from one apex to the next.

The SE package's big brakes never lose their bite, thanks to 13.4-inch rotors in front and 13-inch rotors in the rear, both with four-piston Brembo calipers. Meanwhile, the V6's large reserve of torque is always on hand to haul you fuss-free from tight turns. Then it hits me. The 2010 Genesis Coupe feels exactly like the Infiniti G37 — the hollow warble of the V6, the chassis balance, and the light and linear steering. We have never driven one car that feels so much like another. And to think it used to be the Japanese who imitated the Americans and Europeans.

Seoul Man
Two days earlier we were sitting in the Grand Hyatt Hotel in Seoul, listening to Western businessmen discuss deals with their Korean counterparts while looking out at a parking drive marked by Mercedes-Benz SLs and the odd Porsche 911 GT3. Out of the window, this city of 10 million bathes in misty smog, and a tangle of traffic jostles into the distance. Such a familiar view doesn't seem to promise the new driving experiences and taste of a foreign culture that brought us to Korea.

As we set off into traffic in the 2010 Hyundai Genesis Coupe, we remember the advice of our Korean guidebooks, with the usual limp-wristed attitude of "driving in Seoul is crazy, man; take the bus." But the signs have English translations and it's not so bad as long as you have a basic idea of where you're heading and aren't expecting everyone to conduct themselves as if they're in a driver training video. Koreans are aggressive, but there's also an acceptance that you'll be aggressive, too.

Outpunching the Nissan VQ V6?
It's surely no coincidence that this 3,778cc V6 outpunches the Nissan VQ V6 by about 100cc. We're slightly perturbed to see we've landed the six-speed automatic instead of the standard six-speed manual, but the six-speed slusher is a blessing in traffic — smooth, fairly quick and hassle-free. The lack of shifter paddles on the steering wheel feels odd in a car so sporting, though. At least Sport mode holds the gear to the engine's redline and asks that you press the accelerator farther before it will kick down a gear.

We stick on Highway 4 and make for Hongcheon, impressed by the quality of the roads and amazed by how much of the Korean GDP must be spent on bridge-building projects. Some 70 percent of the country is mountainous, so there's a lot of fresh air to span. But it's taking a long time to get anywhere at the mandatory speed limit of 80 km/h (50 mph). At first we toe the line, perturbed by how few Korean drivers are willing to exceed the speed limit as well as by ubiquitous photo radar installations. But since there's zero police presence and the speed cameras are easy to spot, we settle in to a more reasonable 160 km/h (100 mph).

Even at this pace there's barely any wind noise in the Genesis coupe and tire noise is well suppressed except on the kind of concrete-paved sections you get on U.S. freeways. It's a nice cruiser, and a nice place to be. Even the soft-touch dash plastics exude quality — though the indicator stalks and charmless center console let the side down.

On the outskirts of Hongcheon the roadsides become a chaotic mix of LPG stations, single-story dwellings with tatty breezeblock walls and lunchtime eateries. A wide, slow-flowing river cuts through town and fishermen crouch peacefully at its sandy banks. But, like all the Korean towns we see, Hongcheon feels bland and reconstructed post-Korean War with too much haste and too little thought to the people who live there. So we push on through the Taebaek mountain range in search of Seoraksan National Park.

Touring Seoraksan
We hoped the road across Seoraksan's craggy granite hillsides and densely forested slopes would make for a spectacular drive. And it does, only it's a 30-mph drive. This is a key tourist destination and since there's pretty much just one road that everyone uses, it's packed on a Friday. Overtaking is forbidden, so we sit it out with the tourists and admire the fall-season trees with their golden yellows and rust-colored reds and deep greens.

Our enforced amble does highlight a flaw, because the 2010 Hyundai Genesis Coupe rides badly, as its damping lacks the supple polish of the best all-around sporting coupes. Probably the SE package's front 225/40R19 and rear 245/40R19 Hankook tires don't help. The trick for Hyundai would be in maintaining the excellence of the handling, while underpinning it with more comfort. Perhaps a trip to Lotus Engineering, a longtime collaborator with Hyundai for suspension calibration in the past, would be in order.

On Saturday morning, we point the Hyundai toward the border with North Korea and away from the tourist buses that relentlessly stream into the park. So far the tension between North and South Korea has seemed pretty distant, but the standoff starts to feel very real indeed as we run along the east coast. Beautiful beaches and calm waters lie entirely empty, an uninterrupted length of fencing topped with razor wire preventing any access to anyone. Fencing and military lookout points ensure tourists go no farther, and even a river inlet is fenced end-to-end to its deepest depths.

Then a few kilometers away from the demilitarized zone (DMZ) that separates the two countries, things start to get really strange. A man with a pink baton waves us into a parking lot and we're asked to buy a ticket. They've turned the DMZ into a tourist attraction! There's popcorn and slush-puppy drinks and the kind of tourist crap you'd get at Coney Island (if it hadn't been torn down recently, that is). At a lookout point, a line of 30 or so coin-operated telescopes are trained toward the North under a tattered awning sponsored by Fuji Film. This is a very strange vibe indeed.

The Modern Korean Car
The Koreans have had to work damn hard to rebuild their country from the ashes of war. The work ethic continues to this day. As one English executive on assignment here tells us, "If they need to do a job, they'll work 18-hour days until it's done."

Fifty years on and the hard graft is paying off. Hyundai together with Kia represents the world's fifth-largest car manufacturer with a 70 percent share of its domestic market and growing respect in Europe. And today, with the 2010 Hyundai Genesis Coupe, the company has built a truly world-class product.

Portions of this content have appeared in foreign print media and are reproduced with permission.

2010 Caddy SRX gets Turbo V6



What is it?
2010 Cadillac SRX

What's special about it?
If you listen to Cadillac, the problem with the outgoing CTS-based SRX has been that it looks too much like a CTS wagon. Its roof line and hood were too long, the thinking goes. It was not convincing enough as an SUV-ish thing.

Whatever. We liked it. But for the 2010 model year, Cadillac takes another stab at the two-row crossover market with a new SRX that's aimed squarely at the Lexus RX 350.

The new five-seater might carry the same name, but it's a different breed of cat than the vehicle it replaces. There will be no V8 or optional third-row seating. And instead of using the CTS's excellent platform that gives you the choice between rear- and all-wheel drive, the new SRX uses a version of the front- and all-wheel-drive architecture that underpins the new Chevrolet Equinox and the upcoming Saab 9-4X. This means the SRX swaps its sophisticated front suspension with dual control arms for simpler (and cheaper) struts. A real-time damping system, similar to that now featured on the Escalade, will be optional, but the current SRX's sophisticated (and expensive) optional Magnetic Ride Control system will not be offered. And the 2010 model will be built in Mexico instead of Lansing, Michigan.

The new vehicle, which goes on sale in the second quarter of 2009, has the coveted SUV-ish proportions Cadillac felt the old vehicle lacked. It's shorter in overall length by 5 inches than the old car, and rides on a wheelbase that's 5.5 inches shorter. But it's 2.5 inches wider than the long-and-slender 2009 model. Maximum cargo space shrinks from 69.5 cubic feet to 61.2.

Two new engines will be available in the 2010 model. The base engine is a 3.0-liter version of the familiar 3.6-liter direct-injection V6 used in the CTS sedan. At 260 horsepower, the 3.0-liter makes 5 more horses than the existing car's 3.6-liter, which lacks the direct fuel injection. Owing largely to its smaller displacement, the 3.0-liter makes 33 fewer pound-feet of torque than the old motor. Cadillac says the new V6 should return 10-15 percent better fuel-efficiency than the former V6, which was rated at 14 mpg city/22 mpg highway in the all-wheel-drive SRX. The base V6 is also 15-hp shy of the output from the 2010 RX 350's 3.5-liter.

The new optional engine for the SRX is a turbocharged 2.8-liter V6, which makes 300 hp and 295 lb-ft of torque on premium fuel. Initially a version of the CTS's 3.6-liter was to be the upgrade motor for the SRX, but instead the new turbo engine has been borrowed from the upcoming Saab 9-4X. Both engines are mated to six-speed automatic transmissions. The base V6 comes with a GM Powertrain Hydra-matic and the turbo motor is bolted to an Aisin Warner-supplied tranny.

What's Edmunds' take?
We might be in the minority on this one, but we kind of miss the old SRX. But then, we'd be happy driving the upcoming CTS wagon. — Daniel Pund, Senior Editor, Detroit

Global Auto Sales Fall by Double Digits

PARIS (Reuters) -- France and Japan posted steep falls in December car sales on Monday, adding to a swathe of depressing data from an industry bearing the brunt of wrecked consumer confidence, as analysts and a trade body forecast further pain in 2009.

A 15.8% decline in France and a record 22% drop in Japan chimed in with December falls announced last week in Italy, Spain and Belgium, extending the downturn of recent months as the fragile economic environment continued to impact both lenders offering credit for new vehicles and would-be buyers.

"I expect we'll continue to see double-digit declines (in sales) across Europe for the first part of 2009," said Credit Suisse analyst Stuart Pearson. "But that won't really surprise people."

Automakers across the globe are struggling to reduce stocks of unsold vehicles, and many have resorted to temporary site closures, job cuts and extended holidays for workers.

Citigroup analysts said that, in Europe, they were basing 2009 forecasts on a further 15% decline in sales. "No earnings/no dividend is likely to be a common autos tune in 2009," they said in a research note.

In Japan, industry association JADA said the country's worst-ever December for auto sales excluding 660cc minivehicles, which left 2009 unit sales at 5.08 million, suggested already grim predictions for 2009 would have to be revised.

Last month, JAMA had projected a fall in demand for new automobiles to 4.86 million vehicles this year - the first drop below 5 million in 31 years - but even that projection had not taken into account the extent of the slide in December, association Director Takeshi Fushimi said.

"We never expected sales would fall this badly," he told reporters.

Sales of non-mini vehicles at the world's biggest carmaker, Toyota Motor Corp., fell 17.8% in December, while Nissan Motor Co. fell 21.8% and Honda Motor Co. retreated 25.3%.

Toyota-branded car sales fell for the fifth straight month.

Sales in France did little better, but they still outperformed Spain, which last week announced a 49.9% fall in December and a 28% drop for the year as a whole, their sharpest-ever annual decline, Spanish industry group ANFAC said.

Italy, Europe's fourth biggest market, after France, Germany and the United Kingdom, posted a 13.3% drop for December on Friday.

German data are due later this week.

Renault surprise

France's December decline was "not too bad," Pearson said, as December 2007 sales got a temporary boost before the January introduction of an incentive scheme to encourage drivers to buy cleaner vehicles.

The main surprise was that Renault, with its newly launched version of the best-selling Megane, performed worse than PSA Peugeot Citroen, he said.

France's biggest automaker, PSA Peugeot Citroen, posted a 0.9% decline in sales in December, while Renault saw a 19.9% drop.

Shares in the two French car manufacturers were the second and third biggest fallers on the CAC-40 in 2008. Renault lost 80.9% and Peugeot 76.6%.

European governments and the European Commission have pledged to help the ailing industry, which in Europe employs 2.2 million people directly and a further 10 million in related industries and services. To top of page

Coming Soon: Netflix Built into TV's

NEW YORK (CNNMoney.com) -- LG Electronics said Monday it will market a high-definition television set that will instantly stream movies from the video rental service Netflix.

The two companies said the new set will stream HD movies and television shows directly from Netflix without an external device.

The new model will be on display this week at the Consumer Electronics Show in Las Vegas.

LG (LGEIY) said the new HDTVs will rely on broadband connections and allow members to build their selections through the Netflix (NFLX) Web site.

Shares of Netflix rose 2% in early Monday trading. To top of page

Obama Readies Economic Recovery Plan

NEW YORK (CNNMoney.com) -- President-elect Barack Obama was set Monday to begin the push for a massive package of tax cuts and spending proposals aimed at reviving an economy mired in recession.

Obama will meet with top legislators from both parties including House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., as well as Senate Minority Leader Mitch McConnell, R-Ky., and House Minority Leader John Boehner, R-Ohio.

The plan will include about $300 billion in tax cuts for individuals and businesses, an aide to the transition told CNN. Obama has not publicly put a price tag on his overall stimulus plan, though his advisers have said they expect it to fall between $675 billion and $775 billion, 40% of which would be in tax cuts.

Obama offered his most detailed sketch yet of his proposal, which he called the American Recovery and Reinvestment Plan, in his weekly radio and video address on Saturday. He said he would propose to:

  • provide tax breaks to workers;
  • double renewable energy production and make public buildings more energy efficient;
  • rebuild crumbling roads, bridges and schools;
  • computerize the health care system;
  • and modernize classrooms, labs and libraries.

"Economists from across the political spectrum agree that if we don't act swiftly and boldly, we could see a much deeper economic downturn," Obama said. "That's why we need an American Recovery and Reinvestment Plan that not only creates jobs in the short-term but spurs economic growth and competitiveness in the long-term."

The main goal of his plan: to create 3 million new jobs. Most would come from the private sector, he said.

As Obama prepares to take office on Jan. 20, the country faces a series of severe economic and political challenges.

Nearly 2 million jobs were lost in the first 11 months of 2008 - the final government reading on the employment picture will be released on Friday - and the economy has stagnated. Investors suffered the worst year in stocks since the Great Depression, and foreclosures are rising while housing values are declining at record paces.

Virtually every state is facing a budget shortfall, forcing many to make plans to cut back on critical services and raise taxes.

To that end, Obama's advisers and lawmakers have said they expect his legislation to provide increased aid to states to pay for Medicaid, as well as a boost to unemployment benefits.

Many economists have called for stimulus spending to approach or even exceed $1 trillion if the government expects to successfully beat back one of the deepest downturns in more than two generations.

Some Democrats and Republicans have already raised red flags about the proposed plan's potential scope and the prospect of a rushed attempt to pass the legislation, which could be the most expensive spending bill in U.S. history.

The congressional timeline for the stimulus plan is not clear. Some Democrats had earlier said they wanted to have it ready for Obama to sign shortly after he is sworn in. It appears, however, that such a fast-track is not realistic.

"The urgency of this, everyone knows about," Reid said on NBC's "Meet the Press" on Sunday. "But I'm not going to have some false deadline [on it], whether it's February 1 or whatever it is. I want to make sure that all senators have some input in what goes on here and that we do it as quickly as we can."

A sharp debate is likely over several crucial questions. Will the proposed measures in fact boost the economy? What's the right balance between seeding short-term stimulus versus funding long-term projects? Will money intended to yield long-term dividends for the economy as a whole end up merely serving politically motivated agendas or pet projects?

Obama attempted to assuage some of those concerns on Saturday when he called for "vigorous oversight and strict accountability for achieving results." He stressed that his plan is not an attempt to "throw money" at the economy's problems.

"I am optimistic that if we come together to seek solutions that advance not the interests of any party, or the agenda of any one group, but the aspirations of all Americans, then we will meet the challenges of our time just as previous generations have met the challenges of theirs," Obama said.

- Additional reporting by CNN correspondent Kate Bolduan. To top of page

Hussman Funds Weekly Market Comment 1/5/09

Portfolio Rebalancing- Don't Ignore Duration

Group Unlocks Apple's New iPhone

A band of independent programmers says it has "unlocked" the latest generation of Apple Inc.'s iPhones so the devices can be used on unauthorized wireless networks, in a move that could threaten Apple's carrier partners.

Since the original iPhone was launched in June 2007, Apple has struck partnerships with wireless carriers world-wide, such as AT&T Inc. in the U.S. and France Telecom SA's Orange unit. Under the agreements, the iPhone can generally be used only by subscribers to those carriers.

But on Wednesday, a group called the iPhone Dev Team released a free piece of software called "yellowsn0w" that unlocks the iPhone 3G. The software lets users reprogram the phones so they can work on any wireless network based on the same technical standard.

Several users said they successfully installed the software on their iPhone 3Gs and were able to make calls on non-authorized networks.

An Apple spokeswoman declined to comment on the iPhone Dev Team's work, only saying that Apple doesn't support unlocked iPhones in the U.S. Apple offers such phones in Germany and Hong Kong "where government regulation requires it" but they usually come at a steep price.

Software programmers have been trying to unlock the iPhone 3G since it came out last July.

The development could lead to a loss in revenue for Apple's wireless partners. International travelers would be able to buy airtime for their iPhones on local wireless networks when they travel abroad, so they don't have to incur steep roaming charges.

Consumers in markets where Apple hasn't yet launched the iPhone could also buy the device elsewhere and use it in their home countries. In China, for example, consumers can already buy previous generation iPhones that have been smuggled in and come unlocked.

In the U.S., "the iPhone is meant to be used exclusively on the AT&T network. Any other use of the device is inappropriate and would void the warranty," said an AT&T spokesman.

The iPhone Dev Team is the same group that unlocked the original iPhone model more than a year earlier. The team didn't immediately respond to a request for comment.

Write to Yukari Iwatani Kane at yukari.iwatani@wsj.com

Sunday, January 4, 2009

Don't mess with the Dutch and their Darts!!!



WOW!! Barney made the first ever 9 Dart Finish at the PDC World Darts Championships in 2009 in the quarter-final against Jelle klaasen!!

Saturday, January 3, 2009

LINDSAY CAN STILL KILL IT

Compliments of Durden.....http://www.wwtdd.com


Even with minimal effort, Lindsay Lohan stepped onto Miami beach yesterday and proved she can still smash every girl in Hollywood in a bikini contest. She's just so GD good at being a girl. Skinny, huge tits, super long hair. She's everything a girl is supposed to be, with the added bonus that she'll get high and lick kitty. To the best of my knowledge I’ve never had sex with her, but I'm sure the answer to everything in bed is Yes. Anal? Yes. ATM? Why not. Swallow? Let's do it! She's like an amusement park for grownups.

(picture source = splash news)

Friday, January 2, 2009

Happy Van Damme New Year!!!