Filed under: Etc., Government/Legal
Fed up with all of the cars parked along the street in her quiet neighborhood, an 89-year-old grandmother in Germany started slashing their tires. Altogether some 50...
Archive: october 6, 2008
GMAC dramatically cut back on leases in September
Filed under: Car Buying, GM
Leasing is down industry-wide by about 50% from 2007 levels, but General Motors' captive credit arm took an even bigger bite out of its vehicle leasing in September. GMAC leased only 2% of all GM products in September, and the decision to do so had everything to do with the recent events of the financial markets. While leasing was down GM-wide in September, GMAC and Chevrolet were hit the hardest. The General's two volume brands accrued only .6% and .7% of its sales through leasing, compared to 11.2% and 13.6% respectively last year. Leasing is virtually non-existent...
View full article at "Autoblog"
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Filed under: SUVs, Hirings/Firings/Layoffs, Chevrolet, GMC, Saab, UAW/Unions
Looks like that Moraine, Ohio plant that was going to be shut down next year is actually going to be shuttered on December 23rd...
Looks like that Moraine, Ohio plant that was going to be shut down next year is actually going to be shuttered on December 23rd...
Filed under: Euro, Government/Legal
This week, Detroit got its $25Bbailout loan approved by Washington, and according to The Wall Street Journal, European carmakers are making like this is a game of "Simon...
This week, Detroit got its $25B
Filed under: Paris Motor Show, Chrysler, LLC., Renault, Rumormill
Hopes for Renault's possible return to the American market were stymied when it became apparent that General Motors wasn't interested in...
Hopes for Renault's possible return to the American market were stymied when it became apparent that General Motors wasn't interested in...
Filed under: Car Buying, Chrysler, LLC., Earnings/Financials
On Wednesday, Chrysler told its dealerships that it will be increasing the sticker price of its 2009 models by an average of $500. Shipping cost...
On Wednesday, Chrysler told its dealerships that it will be increasing the sticker price of its 2009 models by an average of $500. Shipping cost...
Filed under: Euro, Green, Autoline on Autoblog
I'M LOSING MY BET ON DIESELS A few years back I made a bet with a former Director of Engineering at General Motors. I bet him five bucks that Americans would...
I'M LOSING MY BET ON DIESELS A few years back I made a bet with a former Director of Engineering at General Motors. I bet him five bucks that Americans would...
Filed under: Car Buying, Etc., Government/Legal
Last week Congress signed a bill that frees up $25 billion in low interest loans for all automakers (including non-domestics if they plan to spend the money...
Last week Congress signed a bill that frees up $25 billion in low interest loans for all automakers (including non-domestics if they plan to spend the money...
Filed under: Concept Cars, Paris Motor Show
It's about 6:00PM in the City of Lights and our rag tag team of bloggers is running on empty after having brought you the first day of debuts at the 2008 Pari...
It's about 6:00PM in the City of Lights and our rag tag team of bloggers is running on empty after having brought you the first day of debuts at the 2008 Pari...
Filed under: Etc., Government/Legal, Humor
A Route 666 sign would look right at home in the shop next to the Fiat crest that's displayed on the wall. In fact, they may share a meaning. It seems we're not...
A Route 666 sign would look right at home in the shop next to the Fiat crest that's displayed on the wall. In fact, they may share a meaning. It seems we're not...