As more motorists claim on car loan insurance, the policies could be tightened up.Read more
Trapped in blade runner world with my jet lag, I ponder the Nissan Cube.
Welcome to my jet lag, a monstrous, unshakable fog that feels as if I’ve left my soul behind, somewhere out over the Pacific. It’s nighttime here on Planet Japan, day one of a three-day trip to drive the 2009 Nissan Cube , and I can do nothing. I can’t think. I can’t read. I can’t write. The worst is knowing that, despite staying up for the entire thirteen-hour flight, despite the fact that it is now eight at night in Japan and six in the morning on the clock back in Michigan that is still regulating my brain and my sleep patterns, despite being exhausted to the point of death, I know that no matter when I lie down to sleep, I will be wide-awake at one in the morning. I might as well eat.
Some stories turn out great. Some stories just aren’t meant to be told.
As a contributor to this august publication, I travel quite a bit. Perhaps you remember my insightful coverage of the 2005 Tokyo Motor Show. If so, you really need to up your dose of ginkgo biloba, because I never made it to the 2005 Tokyo Motor Show. For every story that makes it from concept to reality, there are several that crash and burn, and my confounded attempt to get to Tokyo was just one of many Stories That Don’t Make It.
Aside from the sweet price, what are the secrets of the Genesis’s appeal? It’s hard to put a finger on, but its virtues – chiefly substance, smoothness, and across-the-board competence – crept up on me.
They say timing is everything, but in the automotive world these days, the timing for everything seems bad. Except when it seems terrible.
In 2003, BYD chairman Wang Chuanfu, then 36, bought a car company, gave it the BYD name, set up an R&D team of 3000 engineers, and on December 15, 2008, put the world’s first plug-in electric car on the market.
At 28, he founded the world’s largest supplier of cell-phone batteries. His company also supplies low-cost batteries for One Laptop Per Child. In 2003, BYD chairman Wang Chuanfu, then 36, bought a car company, gave it the BYD name, set up an R&D team of 3000 engineers, and on December 15, 2008, put the world’s first plug-in electric car on the market.
The nation’s automotive supply base will last only a few weeks unless the federal government provides “a significant amount of money,” says Ann Wilson, the suppliers’ top Washington lobbyist. Suppliers are talking with the U.S.Read more
Automotive supplier Fluid Routing Solutions Inc. today filed for Chapter 11 protection in U.S. Bankruptcy Court in Delaware.Read more
Supplier Contech LLC has arranged $7.2 million in debtor-in-possession financing for its bankruptcy. Contech, which makes die-cast components, was the second major auto supplier to file for protection this year.Read more
Automakers boosted incentive spending by 12.5 percent in January in an effort to clear out old models, the auto information site Edmunds.com says. The average incentive per U.S. vehicle was $2,714, $301 more than at the start of 2008, Edmunds says.Read more
Some well known names in auto retailing have surfaced on a newly published list of victims of alleged New York swindler Bernie Madoff. Among them, according to documents filed in the U.S.Read more
North America car and truck production plunged in January by 61.5 percent or 719,675 units from the same month last year — the lowest production on the continent in 18 years, according to the Automotive News Data Center.Read more
North American car and truck production plunged 62.2 percent last month compared with January 2008 to the lowest monthly total in 18 years. Only 442,241 vehicles were built last month, compared with 1,170,816 in January 2008.Read more
Ford Motor Co. slashed the number of production suppliers eligible for future work by 26 percent — or 419 companies — to 1,600 in 2008. But Ford purchasing chief Tony Brown said today that he has more than halfway to go to get to his goal of 750.Read more
Fewer trade-ins caused by falling new vehicle sales helped bolster wholesale used-vehicle prices in January, according to Manheim’s Used Vehicle Value Index. Manheim’s index stood at 101.7 in January. That was up from 98.Read more
The Ford Ranger pickup will roll into the 2010 model year this summer equipped with the automaker’s stability-control system that includes a rollover sensor.Read more
The redesigned 2010 Lexus RX 350 gets a sticker price of $37,625 for the front-drive model, and $39,025 for the all-wheel-drive model. The new RX goes on sale later this month.Read more
It will take just a bit more than $38,000 to get into Audi’s 2009 Q5 all-wheel-drive crossover.Read more
Lexus has priced the redesigned RX 350 crossover at $37,625 for the front-wheel-drive model and $39,025 for the all-wheel-drive version. Prices include $825 for shipping. The 2010 RX 350 goes on sale this month. Horsepower on the 3.Read more