Black Friday Car Sales 2009: Best time for buyers
November 19, 2009
Filed under Autos
Black Friday 2009 is going to be different for a number of reasons, but one of those is the inclusion of car deals. Normally these Black Friday sales are reserved for products such as TVs, Laptops, Toys, Clothing and Accessories, Video Games and Consoles and so much more. With the auto industry in the mess that it is in, this could be a huge boost for automakers. GM are offering deals on their entire 2009 range. Read more
Honda Skydeck Concept: Six-seat MPV Hybrid
November 5, 2009
Filed under Autos
When automakers take a concept vehicle to a motor show, they offer all kinds of information about what the future production model would come with. However, every so often a car maker, let’s say Honda shows off a concept vehicle with no details, such as the Honda Skydeck Concept. Read more
San Francisco Auto Show: Thanksgiving, Black Friday and Cyber Monday
November 2, 2009
Filed under Autos
We have now entered November and there are a host of automotive events, we have SEMA at the beginning and The San Francisco International Auto Show at the end. Not certain how busy the San Francisco Auto Show will get as it takes in Thanksgiving, Black Friday and Cyber Monday. Read more
Ford Recall 4.5 Million: List of Affected Vehicles
October 14, 2009
Filed under Autos
Following on from the recent news that Ford is to issue a 4.5 million vehicle recall, making it the largest single recall ever. The reason for the recall is due to a faulty cruise control deactivation switch, which could possible cause a fire. Read more
GM Hummer Update: Close to $150 Million deal
October 9, 2009
Filed under Autos
General Motors Co. (GM) looks set to seal the deal to offload Hummer today, Friday, October 09, 2009. GM hopes to be able to sell the outfit for $150 million to China’s Tengzhong Heavy Industrial Machinery Co. This is according to reports from those closely involved in the talks. Read more
Positive Auto Sales even after Cash for Clunkers
October 2, 2009
Filed under Autos
The first full month auto sales are in, one month after the end of the governments Cash for Clunkers scheme or CARS. The auto industry had expected sales to fall dramatically, but that fall to their surprise did not happen. Nine auto brands said that their September sales were more positive compared to the same period last year. Read more
Confirmed: Ferrari 458 Spider in Development
September 30, 2009
Filed under Autos
The Ferrari 348 Spider 355 Spider, 360 Spider and F430 Spider were all great droptop versions of the Italian automakers mid-engine V8 supercars. We have been waiting a while to learn what the next model will be, and Ferrari president Luca di Montezemolo has confirmed that the new Ferrari 458 Spider is reportedly in development. Read more
GM, Chrysler and U.S. Treasury’s role
July 28, 2009
Filed under Autos
The U.S. Treasury has said that they will not step in and get involved in any of General Motors Co (GM) or Chrysler LLC management decisions, even though they have pumped more than $70 billion to help them restructure their companies while in bankruptcy. Read more
Cash for Clunkers Program 2009: (CARS)
The Cash for Clunkers Program 2009 or CARS, which has been unveiled by Federal authorities is now underway and is billed as a win for not only drivers and automakers, but also for the environment as well. The program gives those an incentive wishing to trade up. Read more
Porsche Chief Executive wants to fulfill his contract
July 17, 2009
Filed under Autos
Wendelin Wiedeking, Porsche Chief Executive has said that he will continue to fulfill his contract with the German automaker. According to The Wall Street Journal, he is very happy in his role; his contract will run until 2012. Read more
GM sells more Chevy Silverado 1500’s than Ford sold F-150’s
July 9, 2009
Filed under Autos
Ever since I can remember, the Ford F-150 has been the best-selling light-duty pickup truck in the U.S. However, looking at the recent J.D. Power Information Network, it looks as though General Motors have sold more of its Chevy Silverado 1500 pickups. Read more
Fiat-Chrysler and Tata Group: Way for US Nano
June 11, 2009
Filed under Autos
Tata Motors have for a while now been wanting to introduce its low-cost Nano to the United States. Now would be the perfect time to do so, as we aim to find ways to reduce travel costs in this current global recession. Once the Tata Nano hits the U.S. shores, these cheap vehicles will sell fast, and for good reason. Read more
Fiat cars in US after Chrysler deal is done
June 10, 2009
Filed under Autos
We reported in an earlier post that the deal with Chrysler and Fiat was allowed to proceed; the deal with both automakers is now done. This means that the Italian automaker now own a majority of Chrysler’s assets. Fiat will now plan to open most of Chrysler’s factories by June; Chrysler now faces a much brighter future. Read more
Appeal to block sale of Chrysler’s assets
June 3, 2009
Filed under Autos
For those of us who thought that the sale of Chrysler’s assets would go smoothly, then think again. It seems as though a federal court has agreed to hear an appeal to block the sale of the struggling automakers assets. This move could certainly slow down Chrysler’s exit from bankruptcy proceedings. Read more
General Motors and Hummer Sale: Who bought the brand?
June 2, 2009
Filed under Autos
We all like a bit of mystery and so do General Motors; we have just learned that somebody has bought the Hummer brand from GM but have yet to reveal who the mystery buyer is. We do not even know how much the troubled automaker got for the sale of Hummer. Read more
Visteon Bankruptcy Latest News
May 31, 2009
Filed under Autos
Today we have the latest news about the Visteon Corp bankruptcy and how they are the latest casualties in the auto industry crisis, which includes the reorganization of General Motors.
During a hearing in the U.S. Bankruptcy Court of Delaware on Friday, Visteon Corp received interim court approval to pay vendors, parts suppliers, and employees Read more
New 2011/2012 BMW 1 Series
May 29, 2009
Filed under Autos
Automakers do their best to disguise a new model, but there always seems to be someone out there who manages to get a shot of these top-secret cars. Take the new 2011/2012 BMW 1 Series; it has had its picture taking in Germany. Read more
General Motors (GM) Bankruptcy: Tale of two legal processes
May 29, 2009
Filed under Autos
We will see a tale of two legal processes unfold next week when General Motors Corp. files for bankruptcy protection. One tale will be that the bankruptcy judge will be told that a new entity will emerge, the other is that GM creditors will argue for who will get company properties that the automaker no longer wants. Read more
Chrysler Chapter 11 Bankruptcy: Fighting for a way out
May 28, 2009
Filed under Autos
Following on from our earlier stories on Chrysler and their Chapter 11 Bankruptcy problems, it’s been reported today after the court hearing that Chrysler are getting closer on securing a deal with Italian Automakers Fiat. Read more
Visteon Chapter 11 Bankruptcy: hit by Chrysler closings
May 28, 2009
Filed under Autos
Visteon Corp., who was a former division of the Ford Motor Co., has confirmed that they have filed for Chapter 11 Bankruptcy protection. Visteon was one of the country’s largest auto suppliers, but the automaker has been hit hard by the Chrysler dealership closings. Read more
