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Autos briefs | detnews.com | The Detroit News
General Motors Corp. didn't renew its sponsorship with the New York Yankees and is negotiating a new contract with the New York Mets. "We still want a presence in New York and we can't do both," GM Northeast region spokeswoman Andrea Canabal said. Ending the sponsorship is a way to cut costs and follows moves last week to end sponsorships with the Daytona 500 and the Pittsburgh Pirates. Daimler AGs Mercedes-Benz pulled out of its deal with the Milwaukee Brewers. GM will continue to honor deals with the... Full article...

Article added: 2008-12-17 13:21:29   Article Views Rating: 94


Main  >  Car Makers News  >  Pontiac  > 
Pontiac Vibe and other small cars making strides in safety | detnews.com | The Detroit News
WASHINGTON -- Small cars, which have become more popular with the fluctuation in gas prices, are becoming better equipped to protect motorists in serious crashes, according to tests by the insurance industry. The Insurance Institute for Highway Safety gave top scores on front-end crash tests for several 2009 small cars released Wednesday. Three vehicles -- the Pontiac Vibe and Toyota Matrix, which share the same underpinnings and are considered corporate twins, and the Suzuki SX4 -- also received top... Full article...

Article added: 2008-12-17 13:21:28   Article Views Rating: 249


Main  >  Car Makers News  >  Honda  > 
Honda slashes profit forecast amid global downturn | detnews.com | The Detroit News
TOKYO -- Japanese automaker Honda slashed its profit forecast for the fiscal year and said managers will take a 10 percent pay cut amid a global downturn in the auto industry. President Takeo Fukui blamed the lower earnings forecast on declining demand set off by the U.S. financial crisis and the nose-diving dollar, which recently fell to a 13-year low against the yen. Japan's second-biggest automaker now expects 185 billion yen $2.06 billion in group net profit for the fiscal year ending March 31, 2009... Full article...

Article added: 2008-12-17 13:21:28   Article Views Rating: 154


Main  >  Car Makers News  >  Other  > 
Lutz: It’s better to have fewer brands and models and market the hell out of them
Outspoken General Motor’s executive Bob Lutz who has been pretty quiet during the congressional hearings has been pretty vocal about the company’s future as of lately. Lutz said that if GM wants survive its financial crisis, it will have to eliminate brands, reducing models and spend massively on marketing each vehicle.“It’s really much better to have fewer brands, do it well and then market the hell out of them,” Vice Chairman Bob Lutz told Automotive News.GM’s new restructuring plan puts... Full article...

Article added: 2008-12-15 07:23:46   Article Views Rating: 89


Main  >  Car Makers News  >  GM  > 
Saturn fans create online petition to tell GM to keep the brand
While GM hasn’t officially made the announcement, GM’s CEO Rick Wagoner noted that the brand is under review at last week’s congressional hearings. He said the GM will not allocate any money on future Saturn products and said that the brand has performed below the company’s expectations. Wagoner said that GM will focus all of its resources on Chevrolet, Cadillac, Buick and GMC brands instead.Not taking the news very well, worried Saturn fans have created an online petition to help... Full article...

Article added: 2008-12-12 06:46:21   Article Views Rating: 156


Main  >  Car Makers News  >  Saab  > 
Saab 9-3 Review 2011
Consumer Guide's Impressions of the 2011 Saab 9-3The premium compact car from General Motors' Swedish brand is redesigned to be even more compact. It's an unexpected move, but it could mean more driving fun with higher mpg.What We Know About the 2011 Saab 9-3You've probably noticed how redesigned vehicles are most always larger, heavier, and costlier than the ones they replace, whether it's a Mini or a Mercedes. Eventually, a model literally outgrows its original market class, which often leads to a... Full article...

Article added: 2008-12-10 09:18:59   Article Views Rating: 707


Main  >  Car Makers News  >  Other  > 
Iacocca shows support for Big 3 leaders | The Detroit News | detnews.com
WASHINGTON -- Former Chrysler chairman and CEO Lee Iacocca backed the leadership of Detroit's Big Three automakers Tuesday, rejecting calls for them to step down. "Having been there, I do not agree with the sentiment now coming out of Congress that the management should be changed as a condition of granting loans to the Detroit automakers. You don't change coaches in the middle of a game, especially when things are so volatile," Iacocca said in a statement. "The industry has been brutalized by a totally... Full article...

Article added: 2008-12-10 06:17:39   Article Views Rating: 79


Main  >  Car Makers News  >  Hyundai  > 
2011 Hyundai Portico Preliminary Specifications
Consumer Guide's Impressions of the 2011 Hyundai PorticoIt's all set to go, but Hyundai's fourth SUV could be derailed by the credit crisis and other economic woes. And does a distressed U.S. market really want a "new Chrysler Pacifica?"What We Know About the 2011 Hyundai PorticoThere's as much uncertainty about this long-rumored Hyundai as there is about the global economy. South Korea's largest automaker signaled its plan to offer another crossover SUV with the 2005 Portico concept, but has... Full article...

Article added: 2008-12-09 06:48:33   Article Views Rating: 370


Main  >  Car Makers News  >  Chevrolet  > 
2011 Chevrolet Cruze Review
                           Consumer Guide's Impressions of the 2011 Chevrolet Cruze It will end up being called the Chevrolet Cruze, and the once-planned replacement for the Chevy Cobalt may be bowing earlier in Europe than it is in the United States, but the new car is expected to help consumers--and General Motors--deal with the wildest market swing in automotive... Full article...

Article added: 2008-12-09 06:18:52   Article Views Rating: 511


Main  >  Car Makers News  >  Other  > 
White House gets bailout plan, but negotiations continue | The Detroit News | detnews.com
WASHINGTON -- Congressional Democrats sent a $15 billion bailout bill to the White House to prevent General Motors Corp. and Chrysler LLC from collapsing, tying government loans to tough restructuring conditions and firm oversight by a "car czar." The White House and Congress were still wrangling late Monday over final details, including whether to bolster the restructuring requirements and a provision to bar automakers from suing states over vehicle emissions standards. But the legislation appeared on... Full article...

Article added: 2008-12-09 06:02:12   Article Views Rating: 97


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