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.
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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.
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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.
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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.
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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.
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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.
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It will take just a bit more than $38,000 to get into Audi's 2009 Q5 all-wheel-drive crossover.
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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.
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Audi's first entry in the premium crossover segment will be priced higher than most of its competitors, including its main rival, the Lexus RX 350. The Audi Q5 will go on sale in March with a base price of $38,025, including shipping.
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If the 26-year-low sales rate in January seemed ugly, think again: Adjusting last month's demand level for population makes the picture even worse. The U.S. light-vehicle annual sales rate dipped to 9.
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If the 26-year-low sales rate in January seemed ugly, think again: Adjusting last month's demand level for population makes the picture even worse. The U.S. light-vehicle annual sales rate dipped to 9.
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The Chevrolet Camaro has nabbed a starring role in the next Transformers movie, and the silver-screen version will be revealed at the Chicago auto show next week.
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Alpina has been tinkering with BMW vehicles for close to 50 years and has a rich motorsports history that includes campaigns in European touring car, hill climbing, rally and endurance racing that it stepped away from 20 years ago.
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This could be the first speed record broken this year, with plenty more to come.
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The British government is studying car scrapping schemes introduced in other European countries to boost demand for new models but is not certain they would work
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Geneva debut for firm’s most powerful car everand biofuel stunner will be capable of more than 200mph
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Two hands-free kits become one!
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Charger beams in to power gadgets
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Charger beams in to power gadgets
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