In 1Q 2008 GM Posts $3.25 Billion Loss
April 30, 2008 - For the first quarter of 2008 General Motors posted a $3.25 billion loss on overall economic weakness, high investment costs, and labor unrest.

Gasoline Costs Increasingly Impact American Families
April 29, 2008 - The results of a survey of 2003 adults conducted in the first half of April 2008 indicated that 44% of respondents listed the cost of gasoline as the major economic issue effecting their lives.

Global Events Complicate Oil and Gas Prices
April 28, 2008 - After a weekend strike in Scotland shuttered a major U.K. pipeline, the per barrel price of oil spiked to $120 Monday morning with the average per gallon price for regular unleaded sitting at $3.603.

2009 Mazda6 to Hit Dealer Lots Late This Summer
April 25, 2008 - The appearance of the redesigned 2009 Mazda6 in showrooms late this summer is planned to bring up sales of the mid-sized sedan in direct competition with the Honda Accord and Toyota Camry.

Ford Posts Surprising First Quarter Profit
April 24, 2008 - Confounding the glum predictions of industry analysts, the Ford Motor Company posted a profit for the first quarter of 2008, apparent proof that its restructuring program is working.

Bush Administration Calls for Aggressive Moves on Fuel Economy Standards
April 23, 2008 - The White House called on automakers on April 21 to aggressively work toward Congressionally mandated fuel economy standards with ambitious increases through the 2011-15 model years.

Average Gasoline Prices Hit New Record High
April 22, 2008 - With disruptions in the international oil supply, record per barrel oil prices, and increasing fears of recession in the United States, gasoline reached an average price of $3.50 per gallon Monday.

Muscle Car Lovers Snatching Up 2008 Dodge Challenger
April 21, 2008 - With just 6,400 units built for 2008, more than 10,000 customers have placed orders for the Dodge Challenger SRT8 muscle car, the worthy descendant of the original 1970 model.

Hyundai to Shelve Tiburon Hatchback
April 18, 2008 - Production of the Hyundai Tiburon hatchback will end with the 2008s and remaining vehicles will only be sold until spring 2009 when the Genesis coupe appears on dealer lots, according to a company spokesman.

UAW Workers Strike at Interiors Plant Supplying GM Crossovers
April 17, 2008 - On April 16, hourly workers from the United Auto Workers union went on strike against the Alliance interiors plant in Lansing, Michigan effecting production of popular General Motors crossover vehicles.

Tesla Sues Fisker Over Hybrid-Electric Design
April 16, 2008 - Tesla Motors, alleging sub-standard design work, fraud, breach of contract, and misappropriation of trade secrets, filed suit against Henrik Fisker and Fisker Coachbuild on April 14 in California.

Nissan and Chrysler Announce Partnership on Two Vehicles
April 15, 2008 - In a partnership announced on Monday, April 14, Chrysler will produce a pickup for Nissan, which will in turn make a subcompact for Chrysler, in a deal that may spell more collaboration in the future.

Jobs in Car Dealerships Declining
April 14, 2008 - Since 2003 the numbers of sales personnel employed in car dealerships in the United States has dropped, reflecting current economic trends plaguing the industry.

Toyota, Subaru Partner on Long-Awaited Sports Car
April 11, 2008 - In a move that will bring the two companies into a closer working relationship, Toyota and Subaru have announced their joint development of a sports car to be sold under both maker's names.

Bill Calls on Minimum Sound Requirements for Vehicles
April 10, 2008 - The Pedestrian Safety Enhancement Act of 2008, to be considered by the U.S. House of Representatives, would require automakers to guarantee that their vehicles produce a minimal amount of sound.

Summer Gasoline Demand Will Fall on Rising Prices
April 09, 2008 - With gas expected to top $4 a gallon in some parts of the country during the peak summer driving season, the government predicts demand for fuel will fall from April to September for the first time since 1991.

Smart Cars Paving Way for Small Vehicle Passenger Protection
April 08, 2008 - Engineers have designed the passenger restraint systems in the tiny Smart ForTwo to do more work than in a conventional sedan, paving the way for better occupant protection in small, fuel efficient vehicles.

Downsizing
April 07, 2008 - Consumers are buying fewer cars, and when they do make a purchase, the cars chosen tend to be small. How will Ford, GM, and Chrysler handle the change in the market? Not well.

Volt Number 1 Priority at GM
April 04, 2008 - By handing designers and engineers a blank check for manpower and resources, General Motors plans to put its gasoline-electric Chevrolet Volt on the showroom floor by November 2010.

CarMax Endures Rough Fiscal Year
April 03, 2008 - Citing weak credit markets worldwide, CarMax Inc. saw an almost 50 percent decline in its net profits on used cars at the end of the last quarter on February 29.

OnStar Teams with MapQuest to Deliver New Services
April 02, 2008 - As a result of a partnership with MapQuest as well as other system upgrades, the OnStar service will be offering additional standard features in 22 General Motors models.

Catalytic Converter Theft on the Rise
April 01, 2008 - With the price of platinum above $2,000 an ounce, smart car thieves are increasingly targeting catalytic converters for a quick profit rather than stealing the entire vehicle.