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Main > Car Makers News > Other > Polls: Most oppose auto aid | detnews.com | The Detroit News WASHINGTON -- The nation has spoken, Michigan, and we are all alone on this business of auto bailouts. A series of recent national opinion polls shows a large majority of Americans opposed to the idea of more federal aid to General Motors and Chrysler, putting the Obama administration in the tricky position of balancing economic necessity with political reality. "The president is a very smart guy. I think he knows a bailout of the auto industry is unpopular with the country at large," said Pennsylvania... Full article... Article added: 2009-02-25 06:22:50 Article Views Rating: 184 Main > Car Makers News > Other > Wealthy put car buys on the shelf or trade down | detnews.com | The Detroit News NAPLES, Fla. -- If you win $10 million in the lottery, the local joke goes, you still won't qualify to be among the wealthiest 10,000 households here. But even the rolling elite of Naples' exclusive Port Royal, Grey Oaks and Pelican Marsh enclaves are feeling a little thriftier in these uncertain times. The real estate crash, followed by a glut of multimillion-dollar homes and condos for sale, and now Madoff jitters and Wall Street's meltdown have cast a rare chill over the pockets and purses of the... Full article... Article added: 2009-02-23 15:09:05 Article Views Rating: 177 Main > Car Makers News > Honda > 2009 Geneva Auto Show: Honda S2000 Ultimate Edition Honda plans to bring its latest sport car S2000 Ultimate Edition to the upcoming 2009 Geneva Auto Show. The manufacturer wants to start sales in Europe in March, but the North American customers won’t see it at their dealerships.Honda S2000 Ultimate Edition looks really impressive with the Grand Pix While body and graphite-color alloy wheels. The automaker says the choice for the color is based on the 1964 F1 model. The interior is trimmed in red leather and decorated with numbered plaques... Full article... Article added: 2009-02-12 06:29:17 Article Views Rating: 371 Main > Car Makers News > Ford > Ford, GM execs see market stabilizing | detnews.com | The Detroit News CHICAGO -- Auto industry executives are seeing signs that the U.S. auto industry is beginning to stabilize, after months of free-falling sales that have threatened some of the sector's biggest players. Jim Farley, Ford Motor Co.'s global marketing chief, said Wednesday that seasonally adjusted retail sales demand has held steady for four months. Meanwhile, the country's used car market has come "roaring back" since January. "That shows me that credit's available," Farley said after a Ford presentation... Full article... Article added: 2009-02-12 06:29:14 Article Views Rating: 174 Main > Car Makers News > Peugeot > Peugeot-Citroen to delay plug-in hybrids PSA Peugeot-Citroen could delay the introduction of plug-in diesel-electric hybrid cars, including the stunning Prologue pictured below, as it seeks to cut costs during the economic downturn.Ladimir Prince, manager of PSA’s hybrid innovations unit, said though the carmaker’s plug-in hybrid project could be delayed by a year or two, the economic crisis will not slow the firm’s plans to launch diesel-electric hybrid models. Prince said PSA is still working toward launching a... Full article... Article added: 2009-02-06 05:56:48 Article Views Rating: 260 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: 333 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 > 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 |
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