Posted in Automotive, Luxury vehicles on Jul 25th, 2008
It’s a well-known fact that the economy is bad right now. Foreclosure rates are at all-time highs, people can’t afford gas to put in their cars and they can barely get credit anymore due to tighter lending restrictions. GM, Ford and Chrysler, among other auto manufacturers, are all cutting back and making fewer vehicles. Slow […]
Posted in Automotive, Sports cars on Jul 25th, 2008
KTM is a known all over the world for making exciting, hardcore motorcycles. Their 990 Super Duke recently won Motorcyclist Magazine’s Motorcycle Of The Year Award. So it’s no surprise than that their first venture into four wheels has birthed something just as radical and hardcore as their bikes. Called the X-Bow (pronounced cross-bow), this […]
Posted in Automotive, Mercedes Benz, Recalls, Safety on Jul 25th, 2008
It seems that Mercedes-Benz’s problems with electronics are still happening. The company is now recalling 404 units of 11 different models, including the 2009 SL and SLK, to fix a software problem that could result in problems with fuel gauge readings and the speedometer. Here are the models affected: 2006-’08 M-Class and R-Class 2005-’09 SLK […]
Posted in Automotive, Sports cars on Jul 25th, 2008
Formula 1 legend Michael Schumacher has given his official opinion on the 2009 Ferrari California, and he likes it. Schumacher recently completed development testing on the Ferrari California with the corporate mandate to optimize its “performance parameters.” The California is an important model for the marque as it looks to capture it’s less hardcore drivers. […]
Posted in Automotive, car buying incentives, Financing, GM on Jul 25th, 2008
GM is trying a different tactic to help sell its vehicles. The company is offering employee discounts to nonemployees on a limited basis, reports the Wall Street Journal. GM employees received an email Thursday letting them know they can give one employee discount to anyone they choose from now until Thursday, July 31. “During this […]
Posted in Automotive, car buying incentives, Financing on Jul 24th, 2008
Story (in italics) by wftv.com. NEW SMYRNA BEACH, Fla. – Gas prices have hurt SUV and truck sales so much that one car dealer says, if you buy a gas guzzler from him, he’ll give you a more fuel-efficient car for free. New Smyrna Beach Chevrolet is offering the two-for-one deal to anyone who buys […]
Posted in Automotive, Ford on Jul 24th, 2008
Ford said Thursday it lost $8.67 billion in the second quarter and will retool two more North American truck and SUV plants to build small, fuel-efficient vehicles, reports the AP and Fox News. The company said that $8.03 billion of the loss was write-offs due to a decline in value of North American assets and […]
Posted in Automotive, Crash Tests, Trucks on Jul 24th, 2008
As more drivers consider buying smaller vehicles because they get better mileage, one thing they shouldn’t overlook is crash test ratings. The Insurance Institute for Highway Safety reported Thursday that several 2008 model-year small pickups offered dismal protection in side crashes, reports the AP and MSNBC.com. The Chevrolet Colorado and twin, the GMC Canyon, without […]
Posted in Automotive, Chrysler on Jul 23rd, 2008
Chrysler announced today it will cut 1,000 salaried jobs worldwide by Sept. 30. The announcement came in a letter to employees. Chrysler spokesman David Elshoff said the company hopes most of the 1,000 cuts will be through early retirements, attrition and voluntary separation programs. If that doesn’t bring Chrysler to the 1,000 mark, they will […]
Posted in Automotive, Nissan, Recalls on Jul 23rd, 2008
Nissan is recalling almost 170,000 Sentra sedans to fix a brake cylinder that could leak fluid, reports the AP and MSNBC.com. The recall includes 2007 and 2008 model-year Sentras. Nissan said that an irregularity in some of the cylinders could lead to a gap that could allow fluid to leak into the brake booster assembly. […]
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