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May
28th

Lutz says auto task force should become permanent

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Former General Motors Vice Chairman Bob Lutz envisions the Obama administration's automotive task force evolving into a permanent entity exercising "benevolent oversight" of the industry. Full story...
May
28th

U.S. will invest another $30 billion into GM as creditor offer sweetens

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The Obama administration plans to inject $30 billion into General Motors on top of the $19.4 billion it has already lent as part of a sweetened offer to bondholders, senior administration officials said today. Full story...
May
28th

U.S. will invest another $30 billion into GM

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The Obama administration plans to inject $30 billion into General Motors on top of the $19.4 billion it has already lent as part of a sweetened offer to bondholders, senior administration officials said today. Full story...
May
28th

Visteon seeks $33.9 million for critical suppliers

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Visteon Corp. today asked a U.S. bankruptcy judge to approve up to $33.9 million in payments to critical suppliers for parts they delivered to Visteon before the giant parts suppliers filed for Chapter 11 protection late Wednesday. Full story...
May
28th

Bob Lutz takes a hard left: Retiring GM product czar loves auto task force:

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Bob Lutz, General Motors’ soon-to-retire product czar, said Thursday that not only does he support and endorse the work of President Barack Obama’s automotive task force, but he’d also like to see the government-industry entity become a permanent... Full story...
May
28th

GM’s Bob Lutz takes a hard left: Retiring product czar loves auto task force:

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Bob Lutz, General Motors’ soon-to-retire product czar, said Thursday that not only does he support and endorse the work of President Barack Obama’s automotive task force, but he’d also like to see the government-industry entity become a permanent... Full story...
May
28th

Dealers will get U.S. floorplan guarantees in 15-month test

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Dealers struggling to find floorplan financing will get aid from the federal government through a pilot program being launched by the Small Business Administration. Full story...
May
28th

BMW X1: Striving to be the driver’s choice among small SUVs:

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As its name suggests, the BMW X1 represents the entry level in the German carmaker's SUV lineup. Full story...
May
28th

Dodge Viper operations draw limited interest:

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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. Full story...
May
28th

2009 Sneak Preview: New and Future Jaguar Cars

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2009 Sneak Preview: New and Future Jaguar Cars
New and Future Jaguar Cars - 2009 Sneak Preview - Automobile Magazine
Like the XFR sedan, the XK coupe and convertible receive a new version of Jaguar's AJ-V8 engine for 2010.

Just like you, we always want to know what's coming next from Detroit, Tokyo, Stuttgart, Munich, Los Angeles, and all the other places where automotive engineers and designers dream and scheme on our behalf. Car companies, of course, are loath to share information on new products lest their competitors try to copy them--or you decide not to buy the cars they already have on dealer lots. Car companies, though, are simply groups of people, and some of them have a hard time keeping secrets. So, we poke, we prod, we cajole, and we uncover information that becomes the basis for our annual Sneak Preview issue. As always, some of our information is educated guesswork based on hints, insinuations, hunches. Make no mistake, though, these cars are on their way, even though details may change. Ladies and gentlemen: our list of 136 cars coming over the next few years...


Photo Gallery: New and Future Jaguar Cars - 2009 Sneak Preview - Automobile Magazine


Full story...
May
28th

Saturn bidder taps former Chrysler execs for advice

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Telesto Ventures, a contender for General Motors' Saturn brand, has recruited a team of Chrysler veterans as advisers, a spokeswoman confirms. Full story...
May
28th

Potential Saturn buyer rounds up advisors from Chrysler

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Telesto Ventures, a contender for General Motors' Saturn brand, has recruited a team of Chrysler veterans as advisers, a spokeswoman confirms. Full story...
May
28th

Chrysler’s Viper operations attract limited interest

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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. Full story...
May
28th

Chrysler’s Viper operations draw limited interest

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Chrysler LLC's Viper sports car business has drawn only limited interest from buyers, according to court statements filed in connection with the automaker's bankruptcy hearing. Full story...
May
28th

We plug in to the Chevrolet Volt and find it easy to drive: News Brake for Thursday, May 28:

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In today's News Brake: We get some time in the driver's seat of the Chevrolet Volt and find that it's good; Cadillac is ready to launch the new SRX and CTS wagon this summer; and the Ariel Atom goes nuclear with a 500-hp V8 ... Full story...
May
28th

GM won’t name dealers on cut list, but others are trying

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So far, General Motors has declined to identify the 1,124 dealerships scheduled to be cut off when their franchise agreements expire on Oct. 31, 2010, but the names appear to be getting out just the same. Full story...
May
28th

GM won’t name dealers on cut list; others are trying

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So far, General Motors has declined to identify the 1,124 dealerships scheduled to be cut off when their franchise agreements expire on Oct. 31, 2010, but the names appear to be getting out just the same. Full story...
May
28th

Two sides face off in Chrysler courtroom drama

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The horror! cried Kurtz. We're playing the game fairly, said Ball. If the U.S. Bankruptcy Court allows the sale of a "new Chrysler" to Italy's Fiat S.p.A. Full story...
May
28th

JAPAN: Automaker April output cuts vary from 30-54%

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Japan's five top automakers made substantial worldwide output cuts in April amid the global recession, with their respective margins of year-on-year cut ranging from 29.7% to 54.3%, according to data released on Thursday. Full story...
May
28th

ITALY: CIR sees no Sifegi Q2 improvement

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Italian conglomerate CIR sees no improvement in second-quarter results at its auto components unit Sogefi after a weak first quarter, CEO Rodolfo De Benedetti has said. Full story...
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