Posted in Automotive, Financing, GM on May 9th, 2008
GM is in the news twice today and both reasons have to do with money. On Thursday, GM said it will pay up to $200 million to help end the 10-week-old strike at American Axle & Manufacturing Inc. GM wants to help the Detroit-based parts supplier pay for employee buyouts, early retirements and incentives to […]
Posted in Automotive on May 8th, 2008
MSNBC.com has released their top ten cars for 2008. The list is compiled by considering road tests, reliability and safety. Consumer Reports picked these vehicles as the best in their categories. What’s new this year? For the first time, winners include two South Korean cars. Here are Consumer Reports’ top 10 car picks of 2008. […]
Posted in Automotive on May 8th, 2008
General Motors is in the final stages of producing it’s newest Diesel engine line. The new V8’s are suppose to supplement the existing engine choices already available to the public. The new DuraMax 4.5-liter engine makes 310 horsepower and 520 pound-feet of torque and is expected to serve up fuel economy numbers 25 percent higher […]
Posted in Automotive on May 8th, 2008
BMW’s 3.0-liter twin-turbo engine won the top prize in the 2008 International Engine of the Year competition on Wednesday. The engine beat even the mighty Porsche turbocharged 3.6-liter engine that powers the 911 Turbo. This has been the second consecutive year that a BMW engine took home top honors. The judges said that the BMW […]
Posted in Automotive, Toyota on May 8th, 2008
The world’s second largest automaker, Toyota, announced a 28 percent decline in profits for the January to March quarter, compared to last year, reports the Detroit News and the Associated Press. Causes for the Japanese automaker’s profit drop include sluggish North American sales and a strengthening yen. On Thursday, Toyota said it expects its net […]
Posted in Automotive, Chrysler on May 7th, 2008
In an effort to bring Chrysler closer to its customers and vice versa, the automaker’s top 300 executives and directors will be calling customers to ask about their satisfaction under a new Customer First program, reports the Detroit Free Press. Can you imagine having Chrysler CEO Bob Nardelli (pictured below) call you to ask how happy […]
Posted in Automotive on May 7th, 2008
Audi’s awesome R8 supercar is a beautiful expression of high-performance art. The German manufacture has certainly created 2008’s most stunning vehicle. Want one? Too bad… You see that’s because Audi’s awesome R8 is sold out for months. Every one of the cars slated for production is counted for and it’s one of Audi’s fastest selling […]
Posted in Automotive, Financing, Fuel Prices, Gas Prices, Suzuki on May 7th, 2008
We reported yesterday that Chrysler was offering buyers of their new cars a locked-in gas price of $2.99 a gallon for three years, guaranteed. Another automaker getting involved in the gas incentive battle is Suzuki, who is offering its buyers free gas for the summer. Keep in mind, Suzuki started their promotion on May 1, […]
Posted in Automotive, Budget-friendly, Fuel Prices on May 7th, 2008
Kia Motors America today announced its best sales month ever. The April sales of 30,066 units is a 15.6-percent increase over the same period last year, and makes for 98,280 total units so far this year. Kia’s April growth was led by Spectra and Optima, which are up 4.8 percent and 89.3 percent respectively over […]
Posted in Automotive on May 7th, 2008
BMW AG has recently reported their April sales figures. The German car giant is up 9.6% in sales here in the U.S. The good news has been across the board though for all BMW’s brands. In April BMW sold 31,448 vehicles compared to 28,692 for the same time last year. The brand as a whole […]
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