Honda Fit Hybrid for Sale Fall 2010 With a $15,800 Price
May 29, 2009 - With a predicted 20 percent of vehicles on the road being hybrid by 2020, Honda Motor Co. is planning to be a major contributor, with its introduction of the hybrid version of the Fit sub-compact late 2010, followed by three more hybrids by 2012.

EV Recharging Infrastructure Development Takes its First Step
May 28, 2009 - Recharging stations will be an integral part of the infrastructure which needs to be in place for the next wave of alternative vehicles, plug-in electrics, to succeed. ArcAngel Technology will begin selling recharging stations before the new vehicles reach showrooms in a few months.

GM Bankruptcy Imminent after Failure to Meet Debt-reduction Schedule
May 27, 2009 - It appears that the fate of GM will be Chapter 11 bankruptcy, having failed to meet the debt-reduction hurdles and other compromises set forth by the Obama Administration auto task force

Nissan Plug-in EV With 100 Mile Range For Sale Late 2010
May 26, 2009 - Based on the Cube platform, Nissan plans to introduce a 5-door hatchback electric plug-in vehicle by late 2010 which will have a range of 100 miles.

GMAC Gets $7.5 Billion for Auto Loans to GM and Chrysler
May 25, 2009 - GMAC received $7.5 billion from the U.S. Treasury to make credit available to Chrysler LLC for new car buyers and to enhance its weakened capital base.

2010 Toyota Prius, a Technophile's Dream Car Faces Stiff Competition
May 21, 2009 - The Toyota Prius for 2010 will be packed with technological features which the automaker hopes will stave off the appeal of a group of new hybrids.

California Declares Carbon Emissions Victory with Obama's Tougher Car Fuel Efficiency Proposal
May 19, 2009 - The conflict building between California Governor Arnold Schwarzenegger and automakers over his proposed automobile emissions standards may have been resolved by a recent carbon emissions proposal by President Obama.

Best Time to Buy a New Car
May 18, 2009 - Due to the imminent closing of vast numbers of auto dealerships, dealers have much more inventory than usual, meaning it might be the best time to buy a new car.

GM Cutting 1,100 Dealers by October 2010
May 15, 2009 - 1,100 of GM's dealers will find that their contracts will not be renewed by October 2010 in an effort to cut costs and return the automaker to profitability.

Ford Focus EV Debut in 2011 with Higher Sticker Price
May 14, 2009 - The only factor likely to put a crimp in the projected sales figures for the new electric Ford Focus in 2011 is its high sticker price.

GM Intends to Export its Chinese-built Mini-cars to US
May 13, 2009 - As the deadline approaches for the completion of its restructuring plans, GM announced that it will begin exporting mini-cars which it will manufacture in its assembly complex in China.

Japanese Carmakers Mixed Success Staying in the Black
May 12, 2009 - Nissan and other Japanese automakers are also feeling the strain of the current worldwide economic slowdown, as it reports a loss of $2.4 billion last year, marking the first downturn in a decade.

Chevrolet Volt on Track for Dealers by Late 2010
May 11, 2009 - In order to prove their sustainability, GM is planning to have the Chevrolet Volt, a plug-in Extended-Range Electric Vehicle delivered to showrooms by late 2010.

Stress Test Requires GMAC to Raise $11.5 Billion to Improve Sustainability
May 08, 2009 - Regulatory analysts who performed the stress test on GMAC are requiring the lender to raise an aditional $11.5 billion to improve its sustainabilty if the recession worsens.

GM to Deny Plug-in Hybrid to Saturn Vue, as Carmaker Restructures
May 07, 2009 - To bolster its efforts to achieve sustainability, GM is holding its plug-in hybrid technology from its planned introduction in the Saturn Vue and reserving it for another model, such as the Chevrolet Equinox or the GMC Terrain.

Judge's Ruling Paves Way for Fiat Purchase of Chrysler
May 06, 2009 - In ongoing proceedings in a Manhattan court, federal bankruptcy judge Arthur J. Gonzales has ordered the disclosure of the identity of Chrysler's creditors and paved the way for Fiat's purchase of the company.

Chrysler Dealerships on Verge of Collapse
May 05, 2009 - During bankruptcy proceedings in a Manhattan courtroom, the co-chair of the automaker's National Dealer Counsel said the company's dealership network is on the brink of collapse.

2009 Volkswagen Routan Poor Sales Spur Zero Percent APR
May 04, 2009 - Despite attractive zero percent APR loan rates, #25 monthly lease payments, and a $500 loyalty bonus for VW owners, the Volkswagen Routan has not sold well and risks discontinuation with only 5582 units sold.

GMAC Replaces Chrysler Financial, Underwriting New Car Loans for Dealerships
May 01, 2009 - GMAC is now financing new car loans for Chrysler LLC. Operating as a bank holding company, GMAC will underwrite retail as well as wholesale loans to keep inventory flowing at Chrysler LLC.