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Dec
10th

2009 Nissan 370Z First Impressions

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For any car, getting back to its roots is usually an excellent move, particularly in the case of a brand's cherished child. Take the new Nissan Z; the boomerang has been perfectly thrown and in more ways than one. Full story...
Dec
10th

F1: Sebastien Buemi is fastest, again

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Swiss driver Sébastien Buemi set again the fastest lap of the day at Jerez, driving the Ferrari-powered Toro Rosso. Takuma Sato and Sébastien Bourdais put their Toro Rossos in 2nd and 3rd places. Full story...
Dec
10th

F1: FIA and FOTA agree on cost-cutting measures

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The Paris-based Federation internationale de l'automobile FIA) and the Formula One Team Alliance (FOTA) have had the most successful meeting on Formula One matters which any of the participants can remember. Full story...
Dec
10th

American Big 3 bailout

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"Still no deal/bill" was a line emailed to Reuters by a senate republican leadership aide earlier today. It refers to the agreement congress is trying to finalize in order to avert a potentially catastrophic financial 'failure' of the 'Big 3'. Full story...
Dec
10th

Agreement reached on $15 billion plan to rescue GM, Chrysler

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The White House and congressional Democrats on Tuesday night reached an agreement in principle on a $15 billion proposal for bailing out U.S. automakers and forcing them to restructure or fail, officials said. Full story...
Dec
9th

Detroit 3 aid on hold as bargainers wrangle

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The White House on Tuesday demanded greater assurances about the viability of the Detroit 3 before it would agree to a Democratic proposal for $15 billion in short-term loans. Full story...
Dec
9th

Detroit 3 aid on hold amid wrangling over `viability,’ emissions

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The White House on Tuesday demanded greater assurances about the viability of the Detroit 3 before it would agree to a Democratic proposal for $15 billion in short-term loans. Full story...
Dec
9th

2008 November Auto Sales

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2008 November Auto Sales
2008 November Auto Sales - Car Sales Analysis - Automobile Magazine
The freeze continues.

The frozen consumer credit markets all but shut down auto sales in October, and despite Treasury Secretary Henry Paulson's dumping of hundreds of billions of dollars into banks' coffers, lending did not ease significantly in November, so auto sales remained on ice. A second factor that might have dampened consumers' enthusiasm for new-car shopping is the fact that more than half a million Americans lost their jobs last month.


Photo Gallery: 2008 November Auto Sales - Car Sales Analysis - Automobile Magazine


Full story...
Dec
9th

Exposed: New Mercedes E class:

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Mercedes-Benz previewed the look of the redesigned E-class sedan by presenting the Fascination concept at the Paris motor show in October. And we've seen several spy photos of the car, some with very little camouflage in place. Full story...
Dec
9th

Dealers press Congress for auto aid

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More than 100 auto dealers and state dealer association executives are here this week to lobby for emergency federal loans to automakers -- and to safeguard their own interests, their leaders say. Full story...
Dec
9th

Exposed: New Mercedes E-class:

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Mercedes-Benz previewed the look of the redesigned E-class sedan by presenting the Fascination concept at the Paris motor show in October. And we've seen several spy photos of the car, some with very little camouflage in place. Full story...
Dec
9th

Pelosi: ‘Car czar’ could be named this week, Volcker eyed

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A presidentially appointed "car czar" to oversee the restructuring of struggling U.S. Full story...
Dec
9th

China’s Great Wall plans to make cars in Bulgaria

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China's largest SUV maker, Great Wall Motor, plans to start producing cars under its badge in Bulgaria, the Bulgarian government said in a statement on Tuesday. Full story...
Dec
9th

Iacocca: Detroit 3 leaders should keep their jobs

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Former Chrysler Corp. Chairman Lee Iacocca said Detroit 3 leaders should keep their jobs as they seek government aid because they are )x("”",the best shot we have for success. Full story...
Dec
9th

Denny Hecker’s rental business files for Chapter 11

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Embattled Minnesota megadealer Denny Hecker has sought bankruptcy protection for his nationwide rental business, Advantage Rent a Car. Monday's Chapter 11 filing in U.S. Full story...
Dec
9th

Denny Hecker’s rental business seeks Chapter 11 protection

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Embattled Minnesota megadealer Denny Hecker has sought bankruptcy protection for his nationwide rental business, Advantage Rent a Car. Monday's Chapter 11 filing in U.S. Full story...
Dec
9th

Mitsubishi will idle U.S. plant for 7 weeks

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Mitsubishi Motors Corp. will suspend production at its Illinois plant for seven weeks next year after U.S. sales plunged 25 percent through November. The shutdown, which will take place from Feb. Full story...
Dec
9th

KBB boosts frequency of online, print data

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The vehicle price guide Kelley Blue Book now is updating its used-vehicle values online each week, the company says. Kelley also is increasing the frequency of its print price guide to monthly from every other month, says President Paul Johnson. Full story...
Dec
9th

US: Former Chrysler chief backs Detroit CEOs

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Former Chrysler chairman and CEO Lee Iacocca - who took a federal loan to save the automaker three decades ago and paid it back early - has cautioned the government against encouraging the firing of current Detroit Big Three leadership. Full story...
Dec
9th

SHORT STINT–2009 Mitsubishi Lancer Ralliart:

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OUR TAKE: Call it Evo Lite or Mitsubishi's WRX fighter, but this car was long overdue in the Lancer lineup. Prior to this, there was a substantial gap between the 168-hp GTS and the 291-hp Evolution. Full story...
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