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Main  >  Car Makers News  >  Saab  > 
Saab's Hot Flex-Fuel BioHybrids
Saab recently unveiled a stunning pair of concept cars that redefine conventional compact car design. The Saab 9-X BioHybrid and 9-X Air concepts were developed in parallel to address youthful buyers considering smaller car options. Both cars share a flex-fuel/electric hybrid powertrain with exceptional green performance. The two concepts have similar sheetmetal and interior design, but the 9-X Air has what Saab calls a 'canopy top,' allowing open-air driving. "The Saab brand is on the move,"... Full article...

Article added: 2009-03-25 06:30:15   Article Views Rating: 324


Main  >  Car Makers News  >  Alfa Romeo  > 
Alfa Romeo MiTo Review and Prices
 Consumer Guide’s Impressions of the 2011 Alfa Romeo MiToIf all goes well, the headline-grabbing Fiat-Chrysler alliance will deliver a stylish premium small car to lead the U.S. return of a storied Italian brand. MiTo is Alfa Romeo’s answer to the BMW Mini Cooper--and will need to be as popular to give the new partnership a chance.What We Know About the 2011 Alfa Romeo MiToAlfa Romeo is known for sports cars like Dustin Hoffman’s iconic ride in “The Graduate,” but it... Full article...

Article added: 2009-03-05 06:45:25   Article Views Rating: 366


Main  >  Car Makers News  >  Other  > 
Survival of the fittest trumps everything at Geneva this year | detnews.com | The Detroit News
GENEVA, Switzerland - You can forget the environment, electric cars, fuel cells, hybrids which plug in and those that don't; the theme at the annual Geneva Car Show this year will be survival of the fittest. The European industry faces the worst downturn in living memory, as consumers put off buying cars, worried sick about job security. As they prune their budgets and brace for stormy economic weather, the last thing people are about to do is buy a new car. The current wheels will surely last another... Full article...

Article added: 2009-02-27 15:55:38   Article Views Rating: 196


Main  >  Car Makers News  >  GM  > 
GM bleeds; aid talks heat up | detnews.com | The Detroit News
Pressure is mounting on General Motors Corp. to secure additional federal aid and money-saving concessions from the United Auto Workers and bondholders in light of the automaker's $30.9 billion loss last year. GM revealed its fourth straight annual loss -- the second-worst in the company's 100-year history -- on Thursday, hours before Chairman and CEO Rick Wagoner met with President Barack Obama's auto team, which is overseeing the automaker's restructuring and repayment of $13.4 billion in federal... Full article...

Article added: 2009-02-27 15:55:36   Article Views Rating: 263


Main  >  Car Makers News  >  General Motors  > 
Commentary: General Motors choking as global economy gasps | detnews.com | The Detroit News
The world may not be enough to keep General Motors Corp. afloat. As the ailing automaker gutted through a years-long North American restructuring that morphed last fall into pleas for a $30 billion lifeline from the feds, GM's revenue and, especially, profits from China, Latin America and robust growth in Eastern Europe partially offset massive losses back home. Not anymore. The foreign strands of GM's safety net, according to its year-end financials Thursday, are fraying quickly, too. Fourth-quarter... Full article...

Article added: 2009-02-27 15:55:34   Article Views Rating: 176


Main  >  Car Makers News  >  Other  > 
Judge grants Delphi request to end benefits for 15,000 retirees | detnews.com | The Detroit News
NEW YORK -- A federal bankruptcy judge granted Delphi Corp. permission to cancel its salaried retiree health care and life insurance -- a move that will end benefits for 15,000 people as early as April 1 and save the Troy-based auto supplier more than $70 million annually. "Every dollar counts," said U.S. Bankruptcy Judge Robert Drain in his ruling, noting that Delphi will save $1.5 million a week by eliminating the health and insurance payments and represents "good business judgment" by the struggling... Full article...

Article added: 2009-02-25 06:22:51   Article Views Rating: 265


Main  >  Car Makers News  >  Other  > 
Auto briefs | detnews.com | The Detroit News
Nissan Motor Co. , Japan's third-largest automaker, had its credit rating cut by Standard & Poor's as the global recession saps demand for new vehicles and a strong yen erodes earnings. The carmaker was downgraded one level to BBB, the second lowest investment grade, and given a stable outlook, S&P said in a statement Monday. The move ends a review started Feb. 10. The ratings change may raise borrowing costs for Nissan, which has to repay 757 billion yen $8.1 billion in bonds and loans maturing this... Full article...

Article added: 2009-02-24 09:58:41   Article Views Rating: 237


Main  >  Car Makers News  >  Chrysler  > 
Obama sets GM, Chrysler talks | detnews.com | The Detroit News
WASHIINGTON -- The Obama administration's auto team will hold face-to-face talks with top executives from both General Motors Corp. and Chrysler LLC this week, even as the automakers face down a March 31 deadline to win key concessions from the UAW and bondholders. GM Chairman and CEO Rick Wagoner, Chief Operating Officer Fritz Henderson and Chief Financial Officer Ray Young are to have a lengthy meeting Thursday with key members of the administration's auto restructuring team, people familiar with the... Full article...

Article added: 2009-02-24 09:58:37   Article Views Rating: 224


Main  >  Car Makers News  >  Other  > 
Auto team drives imports | detnews.com | The Detroit News
WASHINGTON -- The vehicles owned by the Obama administration's auto team could reflect one reason why Detroit's Big Three automakers are in trouble: The list includes few new American cars. Among the eight members named Friday to the Presidential Task Force on the Auto Industry and the 10 senior policy aides who will assist them in their work, two own American models. Add the Treasury Department's special adviser to the task force and the total jumps to three. The Detroit News reviewed public records to... Full article...

Article added: 2009-02-23 15:09:05   Article Views Rating: 144


Main  >  Car Makers News  >  GM  > 
U.S.-German working group to seek help for GM's Opel | detnews.com | The Detroit News
BERLIN -- Germany's new economic minister says he has arranged an informal working group with the U.S. treasury secretary aimed at finding a way to save General Motors Corp.'s German-based Opel unit. Karl-Theodor zu Guttenberg said in comments published in the Bild am Sonntag weekly Sunday that he had contacted Timothy Geithner in Washington about setting up a working group in hopes of finding a way to secure the future of Adam Opel GmbH. "I will use my first visit to the U.S.A. in March to hold further... Full article...

Article added: 2009-02-23 15:09:05   Article Views Rating: 251


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