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Main > Car Makers News > Other > Foley is parting with beloved Corvette Attention, political and hot rod junkies: Now's your once-in-a-lifetime chance to own a little red Corvette once driven by the speaker of the House of Representatives. That's right, former Speaker Tom Foley's 2001 shiny Corvette convertible is up for sale. Much to the Washington Democrat's chagrin. Foley, 79, now largely retired as a lobbyist with Akin Gump, is no longer driving. But it sounds as though he'll always have a soft spot for the car. "He loves that red Corvette," says Foley's wife, Heather... Full article... Article added: 2008-03-22 19:54:33 Article Views Rating: 237 Main > Car Makers News > Other > America's faltering economy may bolster auto industry So, gas is speeding toward $4 a gallon, the dollar is headed downhill equally as fast, people can't afford to keep their homes, the national economy is tanking -- with Michigan leading the way. What is to like about this situation? Actually, for those of us involved in the auto industry, the short-term pain may bring some long-term gain. For amid all the gloom and doom, there could be a bright side for the U.S. auto industry and for Michigan itself. The steep decline of the dollar against the euro has... Full article... Article added: 2008-03-22 19:54:32 Article Views Rating: 328 Main > Car Makers News > Mitsubishi > Mitsubishi crossover delivers surprising luxury The Mitsubishi Outlander is one smooth ride, which is a little surprising for a vehicle bearing a name like that. Outlander sounds akin to "Rough Rider," or maybe something closer to Dodge's rugged Durango or Jeep's Wrangler. However, there's nothing rough about the Outlander. The engine is so quiet that I didn't know it was running when I first got behind the wheel. The 2008 model has one of those electronic keys that you don't have to insert in the ignition. Just have it on you or in the car, then... Full article... Article added: 2008-03-22 19:54:31 Article Views Rating: 222 Main > Car Makers News > Chrysler > Chrysler expects to be profitable within 3 years With Chrysler’s new owners Cerberus Capital Management making the hard and fast decisions, the carmaker is now on track to return to profitability. Even with the worsening U.S. economy and fluctuating exchange rates and commodity prices, CEO Bob Nardelli is confident Chrysler will be profitable within the next couple of years despite predictions the market will remain sour. Analysts expect U.S. auto sales to fall to 15.5 million cars this year, down from 16.1 million last year, but despite his... Full article... Article added: 2008-03-22 19:54:08 Article Views Rating: 181 |
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