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Main > Car Makers News > Other > Luxury car crossovers expected to revive sales | detnews.com | The Detroit News The new car market may be severely depressed but automakers are counting on one segment to buck the downward trend. The industry expects consumer interest in small premium crossovers to grow and consequently the number of entries in the sector is expanding dramatically. The upscale small sport utility vehicle format was successfully established several years ago by Lexus with the RX300, and since then a few primary rivals have emerged, such as the Acura MDX, Infiniti EX35 and BMW X3. But this year a... Full article... Article added: 2009-02-05 07:31:56 Article Views Rating: 158 Main > Car Makers News > Audi > Audi Q5 in North America Audi plans to launch the North American sales of highly advertised compact SUV, Q5, in March. The manufacturer says it will be an equal competitor to the other foreign sport-utility autos like BMW X3, Lexus RX 350 and Infiniti EX35.Q5 has a 3.2-liter V6 FSI direct injection engine that outputs 270 horsepower. The manufacturer also equipped it with Quattro all-wheel drive and six-speed Tiptronic transmission.Audi is proud to introduce Q5 in the U.S. with its first Generation 3 MMI and navigation... Full article... Article added: 2009-02-03 07:09:26 Article Views Rating: 358 Main > Car Makers News > Chrysler > GM, Chrysler offer new buyouts | detnews.com | The Detroit News Cash-strapped automakers General Motors Corp. and Chrysler LLC are offering another round of buyouts and early retirement packages to hourly workers in a move designed to help shed higher-paid employees in keeping with conditions of a $17.4 billion federal loan package. GM sent an e-mail to local United Auto Workers officials this afternoon outlining its latest offer. That offer includes a $25,000 voucher to buy a new GM vehicle and $20,000 cash to retirement-eligible workers and any UAW worker, said a... Full article... Article added: 2009-02-03 07:09:25 Article Views Rating: 223 Main > Car Makers News > Chrysler > Chrysler, GM offer new UAW buyouts | detnews.com | The Detroit News General Motors Corp. and Chrysler LLC are offering another round of buyout and early retirement packages to their 89,000 combined hourly workers -- a move that will help the automakers shed higher-paid employees to meet conditions for more competitive wages in return for federal assistance. Details on the offers came a day before automakers announce January auto sales, and as GM and Chrysler try to cut costs and trim debt to comply with the requirements of their federal loan packages. The United Auto... Full article... Article added: 2009-02-03 07:09:21 Article Views Rating: 200 Main > Car Makers News > Porsche > Porsche reveals second generation GT3 Porsche has revealed its second generation of the 997 series 911 GT3 which will be more powerful, faster and even more refined when it goes on sale in Australia late this year.In developing the most sporting and dynamic road-going 911 with a normally aspirated engine, Porsche has focused efforts on two key areas: performance and dynamics. Porsche’s proven six-cylinder naturally-aspirated engine now develops maximum power of 320kW up 15 kW over its predecessor which is achieved by an increase in... Full article... Article added: 2009-01-30 07:23:34 Article Views Rating: 334 Main > Car Makers News > Other > Eleven Finalists for World Car of the Year Are Announced The results of the fifth annual World Car of the Year WCOTY competition will be announced at the2009 New-York Auto Show in April, but the journalists have already made the list of the 11 finalists. It is interesting that only European and Japanese autos are participating this year leaving American, Asian Chinese, Korean and Indian and Australian manufacturers behind. The majority of candidates for WCOTY Award come from Europe. They are German Audi A4, Volkswagen Golf VI and BMW 7 Series, French Citroën... Full article... Article added: 2009-01-30 07:07:54 Article Views Rating: 193 Main > Car Makers News > Other > Lear acts to offset losses | detnews.com | The Detroit News Lear Corp. reported a fourth quarter net loss of $688.2 million or $8.91 a share on net sales of $2.6 billion. That compares with a net profit of $27 million or 34 cents per share in 2007. The pre-tax loss was $692.1 million, a ballooning loss from last year's net income of $45.1 million for the supplier of seating, electrical and electronic products for the auto industry. The loss includes a non-cash goodwill impairment charge of $530 million and restructuring costs of $66.2 million. Sales for the... Full article... Article added: 2009-01-30 07:07:52 Article Views Rating: 123 Main > Car Makers News > Other > Cleaner engines fuel the future | detnews.com | The Detroit News I sincerely hope you walked the aisles of the just-ended Detroit auto show. Amid these gloomy times, the Detroit Auto Dealers Association put on a solid event that demonstrated, among other things, that Detroit may be down, but we're a long way from being out. There were cars and trucks on display that anybody would be proud to drive -- from the Chevy Camaro pony car to the super-efficient Ford Fusion Hybrid. A major trend of the show was the greening of our cars and trucks, and technology is taking the... Full article... Article added: 2009-01-30 07:07:48 Article Views Rating: 156 Main > Car Makers News > Volkswagen > Volkswagen Golf GTI Pirelli Review Model Tested: 2009 Volkswagen Golf GTI Pirelli, 2.0-litre, four-cylinder, six-speed DSG, three-door - $47,490 RRPThere are some icons in the automotive world that have earned their reputation. The Ferrari Enzo is one such car, with its unbelievably good looks and limited production run, the Bugatti Veyron is another for, well, the obvious. Moving a lot further down the price spectrum we come to the humble Golf GTI, a model that has been around since 1976. Stop and think about that for a moment, how many... Full article... Article added: 2009-01-29 11:23:59 Article Views Rating: 847 Main > Car Makers News > Saab > Swedish Government Helps Saab and Volvo The Swedish automakers seem to have good future thanks to their caring government. Last year it has been announced General Motors was ready to give up 4 of its manufacturing companies, one of which was Swedish Saab. Unfortunately, there were no firms interested in the purchase of the Saab shares. Ford wanted in its turn to give up Volvo and unlike Saab, the manufacturer received response from several companies in Europe and Asia.In the middle of December Swedish government in Stockholm approved a... Full article... Article added: 2009-01-27 13:56:04 Article Views Rating: 306 |
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