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Bailout Hanging in Balance Could Help Auto Industry
September 30, 2008 - The proposed federal bailout of the financial sector that was defeated yesterday in the House of Representatives could, if passed, provide direct benefit to the troubled automotive sector.
September 30, 2008 - The proposed federal bailout of the financial sector that was defeated yesterday in the House of Representatives could, if passed, provide direct benefit to the troubled automotive sector.
Top Selling Chevy Dealership Files for Bankruptcy Protection
September 29, 2008 - Over the weekend in a Decatur, Alabama, Bill Heard Enterprises, the top-selling Chevrolet dealership group in the world, was in bankruptcy court to file for Chapter 11 protection.
September 29, 2008 - Over the weekend in a Decatur, Alabama, Bill Heard Enterprises, the top-selling Chevrolet dealership group in the world, was in bankruptcy court to file for Chapter 11 protection.
GM's Rick Wagoner Blames Credit Crunch for Flat Sales
September 26, 2008 - General Motors CEO Rick Wagoner pointed to tight credit as the major factor behind flat auto sales, but expressed hope for pending federal action to jump start the economy.
September 26, 2008 - General Motors CEO Rick Wagoner pointed to tight credit as the major factor behind flat auto sales, but expressed hope for pending federal action to jump start the economy.
Kia Brings Soul Urban Crossover to U.S. in April
September 25, 2008 - In April 2009 Kia will bring its "Soul" urban crossover vehicle to North America to appeal to younger drivers and to sharpen the brand's image.
September 25, 2008 - In April 2009 Kia will bring its "Soul" urban crossover vehicle to North America to appeal to younger drivers and to sharpen the brand's image.
Senate Passes Tax Bill Favorable to Plug-In Electrics
September 24, 2008 - Proposed legislation approved by the Senate and pending before the House of Representatives would give buyers of a plug-in electric vehicle a tax credit of as much as $7,500.
September 24, 2008 - Proposed legislation approved by the Senate and pending before the House of Representatives would give buyers of a plug-in electric vehicle a tax credit of as much as $7,500.
Oil Prices Hit $120 on News of Planned Government Bail-Out
September 23, 2008 - News of the government's move to intervene in the troubled financial sector sufficiently boosted trading confidence on Monday, September 22 to send oil to $120 a barrel.
September 23, 2008 - News of the government's move to intervene in the troubled financial sector sufficiently boosted trading confidence on Monday, September 22 to send oil to $120 a barrel.
CarMax Reports 78 Percent Quarterly Loss
September 22, 2008 - In the face of rapidly shifting consumer demand, high gasoline prices, and a weak economy, used car giant CarMax reported a 78% dip in its quarterly profits on Monday, September 22.
September 22, 2008 - In the face of rapidly shifting consumer demand, high gasoline prices, and a weak economy, used car giant CarMax reported a 78% dip in its quarterly profits on Monday, September 22.
2009 Dodge Ram Launches with Buyer Incentives
September 19, 2008 - The 2009 Dodge Ram is appearing on showroom floors with an incentive deal of up to $1,000 while surplus 2008 models are carrying lures of as much as 40% for perspective buyers.
September 19, 2008 - The 2009 Dodge Ram is appearing on showroom floors with an incentive deal of up to $1,000 while surplus 2008 models are carrying lures of as much as 40% for perspective buyers.
Automakers, Suppliers, Dealers Ride Rough Wall Street Wave
September 18, 2008 - Two rough days of trading on Wall Street have resulted in an overall loss for auto makers and associated industries with rising fears about the potential effect on already weakened consumer confidence.
September 18, 2008 - Two rough days of trading on Wall Street have resulted in an overall loss for auto makers and associated industries with rising fears about the potential effect on already weakened consumer confidence.
Lutz Defends Volt on GM Blog
September 17, 2008 - General Motors Chairman Bob Lutz used the GM fastlane blog as a forum to answer criticism about the design of the newly unveiled Chevrolet Volt, which he said is essentially the reinvention of the automobile.
September 17, 2008 - General Motors Chairman Bob Lutz used the GM fastlane blog as a forum to answer criticism about the design of the newly unveiled Chevrolet Volt, which he said is essentially the reinvention of the automobile.
Public Perception Drives Gas Prices in Wake of Hurricane
September 16, 2008 - Experts cite public perception as the driving force behind gasoline price surges in the wake of Hurricane Ike, not damage to oil and gas refineries on the Texas coast.
September 16, 2008 - Experts cite public perception as the driving force behind gasoline price surges in the wake of Hurricane Ike, not damage to oil and gas refineries on the Texas coast.
Gasoline Prices Uneven in Wake of Hurricanes
September 15, 2008 - The joint effects of Hurricanes Gustav and Ike have disrupted gasoline production on the Texas gulf coast leading to wide disparity in prices at the pump with overall costs expected to head upward.
September 15, 2008 - The joint effects of Hurricanes Gustav and Ike have disrupted gasoline production on the Texas gulf coast leading to wide disparity in prices at the pump with overall costs expected to head upward.
Texas Oil Industry Braces for Hurricane Ike
September 12, 2008 - With winds in excess of 100 mph and driving a storm surge of up to 20 feet, Hurricane Ike, which will make landfall late Friday or early Saturday, has effectively shuttered the Texas coastal oil industry.
September 12, 2008 - With winds in excess of 100 mph and driving a storm surge of up to 20 feet, Hurricane Ike, which will make landfall late Friday or early Saturday, has effectively shuttered the Texas coastal oil industry.
Mini Crossover is Sporty and High Tech
September 11, 2008 - Mini will display an aggressively styled, sporty crossover concept at the Paris auto show that includes innovative access configuration and high tech amenities.
September 11, 2008 - Mini will display an aggressively styled, sporty crossover concept at the Paris auto show that includes innovative access configuration and high tech amenities.
Chevy to Intro Orlando Crossover in Paris
September 10, 2008 - Chevrolet will debut its Orlando crossover at the Paris auto show in October, a vehicle that seeks to marry the best aspects of an SUV, family van, and station wagon.
September 10, 2008 - Chevrolet will debut its Orlando crossover at the Paris auto show in October, a vehicle that seeks to marry the best aspects of an SUV, family van, and station wagon.
Ford Plans on Government Loans to Meet Future Goals
September 09, 2008 - Although citing solid liquidity, Ford CEO Alan Mulally said Monday his company would seek low-interest government loans to help fund the development of fuel-efficient technologies.
September 09, 2008 - Although citing solid liquidity, Ford CEO Alan Mulally said Monday his company would seek low-interest government loans to help fund the development of fuel-efficient technologies.
Gas Prices Continue Downward as Hurricane Ike Looms
September 08, 2008 - Although Hurricane Ike seems set to make landfall along the Texas/Louisiana coast later this week, gasoline prices continue to trend downward for the eighth day in a row.
September 08, 2008 - Although Hurricane Ike seems set to make landfall along the Texas/Louisiana coast later this week, gasoline prices continue to trend downward for the eighth day in a row.
Production Version of Volt to Be Shown
September 05, 2008 - A source at General Motors has confirmed that as part of the company's centennial celebration this month, employees and the press will get a look at a production version of the Chevrolet Volt all-electric car.
September 05, 2008 - A source at General Motors has confirmed that as part of the company's centennial celebration this month, employees and the press will get a look at a production version of the Chevrolet Volt all-electric car.
Hybrid Honda Insight in Showrooms by April 2009
September 04, 2008 - Although the five-door Honda Insight will be shown in October at the Paris auto show as a concept, plans are for production models to hit showrooms by April 2009.
September 04, 2008 - Although the five-door Honda Insight will be shown in October at the Paris auto show as a concept, plans are for production models to hit showrooms by April 2009.
Ford Reports Sales Down 26 Percent for August
September 03, 2008 - For the month of August Ford saw a 26 percent decline in its sales figures due to the public's rapid shift away from SUVs and trucks toward smaller, more fuel-efficient models.
September 03, 2008 - For the month of August Ford saw a 26 percent decline in its sales figures due to the public's rapid shift away from SUVs and trucks toward smaller, more fuel-efficient models.
Oil Drops $7 in Early Trading on Reports of Mild Hurricane Damage
September 02, 2008 - Thanks to less than anticipated damage from Hurricane Gustav, paired with a stronger American dollar and continued low demand, crude oil futures for October delivery dropped to $107.60 on Tuesday, September 2.
September 02, 2008 - Thanks to less than anticipated damage from Hurricane Gustav, paired with a stronger American dollar and continued low demand, crude oil futures for October delivery dropped to $107.60 on Tuesday, September 2.
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