We're waiting with baited breath for the arrival of Polyphony Digital's Gran Turismo 5. It's getting more difficult to sit on our hands all the time, so it's a good thing that Polyphony has released a time trial demo to wet our whistle. The demo is available free of charge for anyone on the Sony Playstation 3 network, and we recently got hold of the 200+ mb file for ourselves (it took about 30 minutes to download via high-speed cable Internet) to get a sense of whether the game is worth our elevated anticipation.

The time trial demo features both a stock and a tuned version of the Nissan 370Z. The goal is to manage the best single lap in each vehicle on a special road course layout of Indianapolis Motor Speedway, and our experience with the demo shows that beating every GT5 fan out there for a chance to win a trip to the Indianapolis 500 is going to be no easy task. Hit the jump for our first impressions of the game, along with video of a hot lap captured by Dave Hinkle over at Joystiq.



[Source: Joystiq]

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If we told you there was a variant of the iconic Nissan GT-R putting out around 600 horsepower, gobs of weight-saving technology and fuel economy that can hit 25-30 mpg on the highway would you be interested? What if we told you that the added power came via the same 160 hp electric motor that rested beneath the beautiful sheetmetal of the Infiniti Essence concept at last year's Geneva Motor Show?

The crew at Inside Line are reporting that the hybrid-powered Nissan GT-R is a real possibility for production, complete with the current model's 3.8-liter twin-turbocharged V6 and a battery pack for greenification. Weight savings is of paramount importance, and Nissan plans to throw every trick in the book at the hybrid GT-R, although we'd wager that the gas-electric variant will still weigh more than the deceptively porky model in showrooms now. Of course, Nissan wouldn't be interested in a vehicle with less performance than the current model so any hybrid-equipped GT-R would have to at least match Godzilla's numbers.

With all that power comes great fiscal responsibility, so what would a GT-R hybrid cost? IL guesses $100,000 could be the price of entry, though Nissan could be looking for a little more coin than that. After all the GT-R Spec-V was rumored to cost quite a bit more and if you add a hybrid powertrain to Spec-V weight loss techniques, we could be looking at one very expensive green machine.



[Source: Inside Line]

Even in the face of a bleak economy and dreadful auto sales, Subaru managed to have a breakout year in 2009. Products like the Forester and the Impreza helped Subaru achieve consistent year-over-year gains while the Japanese automaker continues to post stellar quality ratings through J.D. Power and Consumer Reports. And the accolades don't stop there. The new-for-2009 Forester was crowned the 2008 Motor Trend SUV of the year, and this year Subaru accomplished a surprise repeat taking the award for the second straight year with the 2010 Outback.

However, the new Outback isn't the capable, milquetoast lifted station wagon we've come to know and respect over the years. It's now bigger. Quite a bit bigger, performing a similar wagon-to-crossover transformation that the Forester pulled off a year earlier. Granted, the Outback is only two inches taller and wider, and a mere three inches longer between the wheels, but the result is a wagon that looks much larger than the model it replaces. We've come to expect that kind of growth in a world of constant size and weight one-upping, but we had to wonder – has increased functionality come at the expense of entertainment once again? We snagged a six-cylinder Outback to find out.



Photos by Chris Shunk / Copyright ©2009 Weblogs, Inc.

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Residual values tell you a lot about a vehicle. If a car or truck has good quality and has plenty of customer demand it will have high residuals. If it's a lemon on wheels, clogging the rental lots, it will carry poor residuals. Detroit automakers have fared poorly in residual values for quite a few years, but it appears Ford may have taken a big step towards correcting that problem.

Ford is gleefully touting the results of the ALG January/February 2010 Residual Value Forecast for a good reason; the residuals of Ford, Lincoln and Mercury vehicles went up by $1,310 versus the January/February 2009 numbers. The residual values are based off of a formula that shows how much 2010 vehicles will be worth 36 months after purchase and Ford maintains the increase in residuals has a lot to do with the success of its latest redesigns and improved quality.

Proof of Ford's improved 36-month value scores comes in a comparison of the Fusion versus the Toyota Camry. The Fusion is now reportedly worth $687 more than the Camry after three years. The Ford Flex enjoys an even more decisive win versus the Toyota Highlander, as the boxy Blue Oval-branded wagon will reportedly be worth $1,800 more in three years. The 2010 Taurus scored the biggest increase, but not against the foreign competition. The smartly restyled sedan is worth $4,862 more after three years than the invisible 2009 Taurus. Both the Taurus and the Super Duty won the Kelly Blue Book Best Residual Value award in their respective segments.

A big reason Ford's residual values have skyrocketed in only one year is due to the automaker's improved status amongst customers. Fresh data from research firm Compete, Inc reportedly shows that the Blue Oval has surpassed Toyota in overall customer consideration for the past three months. Ford hasn't passed Toyota in Compete's customer satisfaction index since the firm began collecting data in 2002. Hit the jump to read over the Ford press release.



[Source: Ford]

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When a new model hits the market, auto manufacturers typically release higher-option models out of the gate to maximize early profits. In short, if you're jonesin' to get into an all-new product, you often pay a content premium to be one of the first to get said new car or truck. In a good market, that makes sense, but since 2009 has been a sales disaster for automakers, it was understandable that Ford chose to make more lower-spec 2010 Tauruses than normal. Despite the challenging financial climate, as it turns out, many dealers are clamoring for more high content models.

Automotive News is reporting that dealers are short on SEL and SHO variants of the new Taurus. Marketing chief Jim Farley reportedly told a group of reporters at a press event that the situation was "a problem for our dealers." Overall inventory of the Taurus is solid, with the typical dealer holding a 60-70 day supply of the plus-sized sedans – but some dealers have reportedly waited up to 80 days for certain custom orders.

Given how much more upscale the 2010 model is over the last model, this can be seen as a victory of sorts for the Blue Oval, as it wasn't clear that consumers would welcome back the Taurus nameplate on any car, much less one with loftier aspirations and price tags. That said, all is not puppy dogs and ice cream – Taurus sales are down 22 percent year-over-year (selling 38,361 units through November), although whether that is because of the economy or the car itself remains up for discussion.

Ford dealers are reportedly also running short on F-150 Double Cab models as market demand was misjudged by product planners.

One vehicle that may help Ford to pick the right mix out of the gate is the Fiesta. Ford has gained over 80,000 hand-raisers for what will soon be the Blue Oval's smallest US vehicle and the "Fiesta Movement" has helped the automaker get a lot more data on what kinds of variants customers expect. If the Fiesta launch goes as planned, we're thinking Ford will take similar steps to market other products in the future.

[Source: Automotive News - sub. req.]

We hope so. But we doubt it. Why? The post-jump video of a bunch of women in bikinis was shot in Amsterdam -- they're a liberal group. But while we probably won't have throngs of thongs crowding the streets of downtown Chicago or in New York City, at least we can enjoy (via-video) what our Dutch-speaking friends across the pond get to see in person.

Hit the jump to see the guerilla/viral/euro-style marketing effort for the Fiat 500 Cabrio. It's edgy, it's fun and it's full of women in bikinis - in freezing temperatures. We're not going to say another word because we know you're already past the break watching the video.



[Source: YouTube]

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Word on the street is that the Auto Task Force was pushing hard for General Motors and Chrysler to to dump dealerships during bankruptcy. In all, some 2,150 dealers got the axe, reportedly saving the struggling Detroit automakers big bucks while helping to ensure that remaining dealers were healthier. But while the government's Auto Task Force may have been the driving force that kicked dealers to the curb, the U.S. Congress, in an effort led by Representative Steny Hoyer (D-MD) and Senator Dick Durbin (D-IL), is looking to put those same dealers (read: donors) back in business.

The $446 billion spending bill President Obama signed earlier this week contains new legislation requiring GM and Chrysler to send out letters to every rejected dealer informing them of their rights to arbitration. Dealers interested in filing arbitration will then have 40 days to submit their intention to file. From there, arbitration must be completed within six months. Automotive News reports that the new law is substantially more dealer-friendly than the old law, and requires GM and Chrysler to spell out exactly why each dealership contract was terminated.

In an earlier report, Automotive News reported that it could cost dealers up to $12,000 in arbitration filing fees and up to $100,000 in arbitration depending on the complexity of the case.

[Source: Automotive News sub. req'd | Image: Spencer Platt/Getty]

Prior to declaring bankruptcy, General Motors began delaying new products in an effort to conserve cash. The news was disappointing to enthusiasts and brand loyalists, but with its cash piles dwindling, the General didn't have many alternatives. Post-bankruptcy, GM finds itself with $40 billion in cash and a lot less overhead, so where is the money being spent? Automotive News reports that Vice Chairman Bob Lutz confirms that many of the products that were delayed are now being accelerated, adding "Once we got out of the bankruptcy and started having money available, we were able to pull a lot of our programs forward."

One example of the pull-forward is the next-generation Chevrolet Malibu. Early this Fall, GM told us that the next Malibu would arrive in 2012, but Lutz says that time frame has been pulled up to 2011. The next Malibu will reportedly be all-new with a platform based off of the Buick LaCrosse and 2011 Buick Regal. The new 'Bu will apparently have a shorter wheelbase than the current model while still managing more interior room.

Lutz told AN that the uplevel Malibu will have chrome appliques lining the side windows, a trait he says is associated with German and Japanese luxury vehicles. Lutz apparently added that $50 worth of chrome translates into an additional $500 to $600 in perceived value to customers. Beyond the Malibu, Lutz noted that there are "a bunch" of other vehicles being pulled forward to pre-bankruptcy production cadences, though he didn't offer any specific examples.

[Source: Automotive News - Sub. Req.]

Good news, the check is in the mail! General Motors issued a (very) brief press release this afternoon stating that the automaker had delivered on its promise to issue its first reimbursement checks to the U.S. and Canadian governments by the end of the year. GM sent $1 billion to the feds and $192 million to the Canadian government, and GM reiterated in the statement that it would complete payments totaling $6.7 billion (to the U.S. government) by June 2010.

Beyond the $6.7 billion GM owes the federal government is a 60 percent ownership stake Uncle Sam has on the 101-year-old automaker. When the General releases an initial public offering the resulting stock sale will (supposedly) buy the government out. Experts feel the IPO could happen as early as the second half of 2010. Hit the jump to read over the General's succinct press release.

[Source: GM | Image: Bill Pugliano/Getty]

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