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Mar
24th

GM begins dismissing 10,000 salaried workers, a third of them in the U.S.

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General Motors began notifying U.S. salaried workers that they will lose their jobs as it carries out previously announced plans to reduce its global white-collar work force by 10,000. The automaker intends to cut 160 U.S. Full story...
Mar
24th

Audi, Toyota replace GM as Yankees’ sponsor:

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Baseball, hot dogs, apple pie and--sushi? Sauerkraut? Full story...
Mar
24th

Ford lowers CEO Mulally’s compensation by 37%

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Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Full story...
Mar
24th

Ford lowers CEO Mulally’s compensation by 37 percent

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Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Full story...
Mar
24th

George Kell, baseball star and Arkansas GM dealer, dies at 86

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George Kell, a Hall of Fame third basemen and former General Motors dealer, died Tuesday at 86. Full story...
Mar
24th

George Kell, baseball star and GM dealer, dies

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George Kell, a Hall of Fame third basemen and former General Motors dealer, died today at 86. Full story...
Mar
24th

2009 Nissan Altima, 2009 Toyota Camry, 2010 Ford Fusion Hybrid Comparison

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2009 Nissan Altima, 2009 Toyota Camry, 2010 Ford Fusion Hybrid Comparison
2009 Nissan Altima Hybrid, 2009 Toyota Camry Hybrid, 2010 Ford Fusion Hybrid - Hybrid Sedan Comparison - Automobile Magazine
For those looking to buy a normal-looking sedan with the exceptional fuel economy of a hybrid, tThe 2010 Ford Fusion Hybrid, 2009 Toyota Camry Hybrid, and 2009 Nissan Altima Hybrid are the three most logical choices.

Gas prices have been as volatile as the stock market lately and experts assure us both will be rebounding, though nobody knows exactly when. Investing in the market now, though it might seem counterintuitive, could set you up for a handsome reward in the future. The same goes for buying a new fuel-efficient automobile. If you purchase a hybrid vehicle today, when demand for fuel-sippers is relatively modest, you'll probably end up getting a better deal on the car and you're also insulating yourself from future spikes in gasoline prices. Think of it as an automotive hedge fund, but without the sleazy Wall Street guys and enormous bonus scandals.


Photo Gallery: 2009 Nissan Altima Hybrid, 2009 Toyota Camry Hybrid, 2010 Ford Fusion Hybrid - Hybrid Sedan Comparison - Automobile Magazine


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Mar
24th

Bank sues Lear to recoup $35 million

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Supplier Lear Corp. is being sued by The Royal Bank of Scotland PLC to recoup more than $35 million in unpaid fees after Lear defaulted under the terms of its credit agreement, according to the UK-based lending giant's lawsuit. Full story...
Mar
24th

Audi, Toyota replace GM as Yankees’ sponsor

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Baseball, hot dogs, apple pie and -- sushi? Sauerkraut? Audi and Toyota will become the official vehicle brands of the New York Yankees, replacing General Motors as the team's automotive sponsor. Full story...
Mar
24th

Mercedes-Benz SLK spied:

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It’s a ways out, but Mercedes is working diligently on a new version of the SLK for 2012. Full story...
Mar
24th

Court delays GM’s purchase of Delphi unit

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A U.S. bankruptcy judge delayed his decision on the sale of bankrupt car parts maker Delphi Corp.'s steering business to General Motors until next week, after the U.S. Treasury Department sought more time to review the deal. Full story...
Mar
24th

Most of world will sit out shrinking Tokyo show

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This fall's Tokyo motor show is still on, but most of the world's automakers will sit out. The Detroit 3 won't be there. Neither will the big Germans. The same goes for the French, Chinese, Swedes and just about everyone else outside Japan. Full story...
Mar
24th

2008 Lexus IS-F – Four Seasons Update – March 2009

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2008 Lexus IS-F - Four Seasons Update - March 2009
2008 Lexus IS-F - Four Seasons March 2009 Update - Automobile Magazine
Our Four Seasons Lexus IS-F heads to the New York Bureau for a few weeks. Here's what they have to say about the car.

Months in Fleet: Nine
Mileage: 23,033


Photo Gallery: 2008 Lexus IS-F - Four Seasons March 2009 Update - Automobile Magazine


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Mar
24th

Mercedes-Benz E63 AMG teased:

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Can’t wait for the new Mercedes-Benz E63 from AMG? We’ll, we have a teaser photo today that shows a corner of the front end in advance of its expected debut at the New York auto show next month. Full story...
Mar
24th

SWEDEN: Volvo Trucks deliveries plunged 49% in February

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Volvo Trucks has said that deliveries in February declined to 4,512 units, a drop of 49% on the same month last year. Full story...
Mar
24th

JAPAN: Honda sets China production record

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Honda global output fell 42.7% to 190,680 units with Japanese production down 48.4% and foreign production down 40% to 135,932 in February. Full story...
Mar
24th

JAPAN: Mazda tally slips 55%

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Mazda's global production fell 54.6% to 57,642 units last month with overseas output off 30.8% at 16,947 and the Japanese tally down 60.3% to 40,695 units. Full story...
Mar
24th

Japan’s sales projected to fall to 32-year low

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Japan's auto industry trade group forecast today the lowest domestic vehicle sales in 32 years for the coming business year, saying it would seek government help to stimulate recession-hit demand. Full story...
Mar
24th

JAPAN: Mitsubishi output falls 65%

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Mitsubishi Motors Corporation global production fell 65% to 45,048 units, the 12th consecutive monthly decrease since March 2008. Full story...
Mar
24th

JAPAN: Toyota output almost halves

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Toyota's worldwide production fell 49.6% to 434,179 units last month, reflecting widespread temporary shutdowns in both Japan and overseas. Full story...
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