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Forbes Makes Automotive Industry Predictions for 2008
December 21, 2007 - Forbes predicts that 2008 will be the year for further decline in truck and SUV sales, rising popularity for the "crossover" genre, and an even greater emphasis on hybrids.
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Nissan Puts a Microwave in Its Latest Concept
December 20, 2007 - The Nissan Forum is a seven-passenger concept vehicle designed specifically for families that incorporates a microwave oven in the center console.
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CAFE Standards Bill to be Signed by Bush Today
December 19, 2007 - In the first increase in corporate fuel economy standards in 32 years, a bill to be signed by President Bush today will set a goal of increasing fuel efficiency 40 percent by 2020.
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Jaguar, Land Rover Buyer May Be Announced by Week's End
December 18, 2007 - Sources close to the talks at Ford say the company will likely announce a buyer for Land Rover and Jaguar this week with Tata Motors of India in the lead for the purchase.
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GM to Introduce Terrain Crossover in 2009
December 17, 2007 - In the 2008 model year General Motors will introduce a crossover GMC built on the basic platform of the Equinox and called the Terrain.
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Senate Approves CAFE Bill
December 17, 2007 - In a compromise that eliminated White House opposition to tax and regulation riders, the U.S. Senate has approved a bill providing for a 40% increase in fuel efficiency standards by 2020.
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Chrysler Begins Series of Plant Shut Downs
December 13, 2007 - In January and February a number of Chrysler assembly plants will experience both shut downs and lay-offs as the company works to tighten production to compensate for sagging sales.
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GM to Debut Small Hummer in Detroit
December 12, 2007 - At the Detroit auto show in January 2008, General Motors will expand the already highly popular Hummer line with the introduction of a small crossover version called the HX.
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November Numbers Weak for U.S. Auto Makers
December 11, 2007 - Declining numbers for the month of November and predictions for weaker sales in 2008 signal even more trouble for American auto makers.
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Chrysler loses Jason Vines
December 10, 2007 - Chrysler's vice president of corporate communications, Jason Vines, resigned today effective immediately. He will stay on through the end of the month to aid the transition.
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Ford Issues Recall on Some Diesel Trucks, SUVs, and Vans
December 07, 2007 - Ford has issued a recall on some 1.2 million diesel trucks, SUVs, and vans to correct a potential camshaft position sensor problem that can lead to engine stalls.
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Mexican Automotive Industry Seeks Modification of NAFTA
December 06, 2007 - The five associations that lead the automotive industry in Mexico are calling for a modification of the NAFTA agreement to slow down the flow of used vehicles into the country.
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Ford, Southern California Edison Test Plug-In Escape SUVs
December 05, 2007 - In a joint program by Ford and Southern California Edison, 20 Escape plug-in SUVs will be tested by the utility before being handed over to customers for evaluation in "real life" driving situations.
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White House May Oppose CAFE Standards Legislation
December 04, 2007 - Provisions attached to the House fuel efficiency plan regarding alternative fuel requirements for utilities and raised taxes for oil and gas companies may lead to a White House veto of the measure.
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House Democrats Arrive at Fuel Standards Bill
December 03, 2007 - After an extended round of negotiations, Democrats in the U.S. House of Representatives arrived at an agreement on a bill to raise fuel standards 40 percent by the year 2020.
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