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May
2nd

2006-2008 Kia Magentis Pre-Owned

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Having started with 2 models for us North Americans to choose from, Kia currently offers a fairly comprehensive line-up including sedans, crossovers and hatchbacks. They've even got a V8 now, too. Full story...
May
1st

GM improves, Toyota slips as industry sales decline eases:

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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Full story...
May
1st

GM improves, Toyota slips as industry decline eases:

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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Full story...
May
1st

Chrysler has stockpile of spare parts, automaker says

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Even with its factories down and with some suppliers cutting off shipments, Chrysler dealers won't run out of replacement parts while the company reorganizes in bankruptcy court, said Steven Landry, Chrysler LLC's executive vice president of North... Full story...
May
1st

SBA relaxes loan program standards; more dealers qualify

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About 10,000 auto dealers and an untold number of suppliers will be eligible for federally backed loans of up to $2 million each under a new Obama administration program announced today. Full story...
May
1st

Mercedes’ new E-class gets a lower price

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Mercedes-Benz has priced its 2010 E-class sedan $4,600 below the current model. Full story...
May
1st

Honda FCX Clarity: Don’t be too quick to buy into the hydrogen myth:

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We just spent the better part of a week in the fabulous Honda FCX Clarity hydrogen-fuel-cell vehicle. It is leaps and bounds beyond the science experiments that represented the first few rounds of fuel cells we remember from 20 or so years ago. Full story...
May
1st

Chrysler shuts down in Canada

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Parts shortages closed Chrysler's two Canadian plants this afternoon. The plants, in Brampton, and Windsor, Ontario, build some of Chrysler's most popular vehicles, including the minivans and Dodge Challenger sports coupe. Full story...
May
1st

Chrysler seeks court OK to continue aid to suppliers

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Chrylser LLC intends to use money and bankruptcy court authority to keep its supplier base together during two months in which it likely will not produce vehicles. Full story...
May
1st

Chrysler suppliers may be hurt more by line halt than Chap. 11

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Chrysler LLC's parts suppliers will be hurt severely by the loss of revenues as the automaker halts all North American manufacturing until it emerges from bankruptcy -- especially if the process lingers beyond the expected 30 to 60 days. Full story...
May
1st

NEWS BRAKE: Friday, May 1:

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In today's News Brake: We take a look at where things stand now that Chrysler has filed for bankruptcy; the GTA Spano is ready to roll in Spain; and we catch a look at changes for the BMW 6-series ... But Wait, There's More! Full story...
May
1st

UK: Ricardo says UK power grid can cope with plug-ins

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Ricardo has announced the results of simulation studies carried out by a consortium including Ricardo UK Ltd, Jaguar-Land Rover, E.ON and Amberjac Projects. The research shows that a substantial medium-term rise in the number of electric and plug-in hybrid vehicles would have a much lower impact on the UK national power grid than has previously been estimated. Full story...
May
1st

US: Cummins profit drops 96% in Q1

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Cummins has posted a 96% plunge in Q1 earnings on restructuring charges and the impact of the recession on markets for its diesel engines. Full story...
May
1st

Chrysler plans to close 8 plants in bankruptcy

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Chrysler plans to close eight U.S. plants by December 2010, including five assembly operations, according to documents filed in U.S. Bankruptcy Court in New York. But Chrysler expects its pending alliance with Fiat S.p.A. Full story...
May
1st

12 Used All-Stars

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12 Used All-Stars
12 Used All-Stars - Former Automobile Magazine All Stars - Automobile Magazine
Here are twelve All-Star winners from the past decade that have aged particularly gracefully. The fact that they're now affordable makes them all the more desirable.

The economy may be in shambles, but there's never been a better time to buy a car. Your neighborhood dealer is probably offering thousands of dollars off a shiny new car, but what he doesn't want you to know is that used-car prices have plummeted, too. The average car on the road is now nearly ten years old - a testament to modern vehicles' reliability and longevity - and some of them are as good as today's best new cars. Here are twelve All-Star winners from the past decade that have aged particularly gracefully. The fact that they're now affordable makes them all the more desirable.


Photo Gallery: 12 Used All-Stars - Former Automobile Magazine All Stars - Automobile Magazine


Full story...
May
1st

US: AAM reports Q1 net loss of US$32.7m

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American Axle & Manufacturing Holdings has reported a first quarter net loss of US$32.1m on sales of US$402.4m. Full story...
May
1st

Questions hound Chrysler’s overseas operations

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Chrysler LLC's fragile overseas operations are largely thrown into limbo by the carmaker's bankruptcy filing and alliance with the Italian automaker Fiat S.p.A. Full story...
May
1st

Chrysler collapse raises questions about Japanese product-sharing

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Nissan Motor Co. and Mitsubishi Motors Corp., the two Japanese automakers entwined in product-sharing partnerships with Chrysler LLC, face divergent fates after the U.S. company's bankruptcy filing. Full story...
May
1st

Chrysler agency BBDO on the hook for $58.1 Million

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Chrysler's second-largest unsecured creditor is BBDO, Detroit, which is on the hook for $58.1 million, according to the automaker's bankruptcy filing. Full story...
May
1st

GM improves, Toyota slips; industry decline is smallest since October

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Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the U.S. industry improved from depressed levels of February and March. Total sales fell 34. Full story...
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