Posted in Automotive on Nov 30th, 2009
GM’s sale of the Saab brand to Swedish supercar company Koenigsegg has fallen through, but the Saab brand won’t be closed yet. Autoblog is reporting that Chinese automaker Beijing Automotive and Wyoming bank Merbanco are two of the potential buyers still interested in purchasing Saab. Saab, like Saturn, has a strong following of passionate fans. […]
Posted in Automotive on Nov 30th, 2009
The Chevy Cruze will be revealed this week at the L.A. Auto Show, but GM has released pictures of the car ahead of the live unveiling. The Cruze is Chevrolet’s post-bankruptcy attempt to do what it failed to do with the Cavalier and Cobalt and build a competitive small car. Chevy’s Cruze, which shares a […]
Posted in Automotive on Nov 24th, 2009
General Motors has repaid the 1.5 billion euros bridge loan extended to it by the German government. The loan was intended to keep the German carmaker Opel alive long enough to be sold, most likely to Canadian auto parts company Magna International. GM angered German Chancellor Angela Merkel, along with many other German politicians, when […]
Posted in Automotive on Nov 20th, 2009
Chrysler acknowledges that its current lineup of cars don’t do well in quality surveys like Consumer Reports or JD Power and Associates’ annual rankings. The company also understands that this reputation for building poor quality cars is hurting sales, so quality is a priority for Chrysler. Chrysler has recently added 200 engineers to the quality […]
Posted in Automotive on Nov 19th, 2009
Toyota officially revealed the FT-86 concept at the 2009 Tokyo Auto Show, but Subaru has remained secretive about its version of the joint venture car. Edmunds claims that the Subaru car will have 250-horsepower, all-wheel drive and a longer wheelbase than the Toyota FT-86. The FT-86 will get 200-hp and rear-wheel drive. The Subaru is […]
Posted in Automotive on Nov 18th, 2009
Hummer’s sale to Chinese company Sichuan Tengzhong Heavy Industries Machinery Co. will be completed soon. Autoblog reports that the sale could be done as soon as Dec. 1, barring any objections by GM or the Chinese government. The new owners will give Hummer some much needed attention, including bringing the H4, which will be smaller […]
Posted in Automotive on Nov 17th, 2009
Even though Saab, unlike some other former GM brands, is still in business, dealers in the United States are running low on cars and can’t order more from the factory. Saab has slowed production at its Swedish manufacturing facility in order to prepare for production of the new 9-5, which will be available sometime in […]
Posted in Automotive on Nov 16th, 2009
GM unveiled the 2011 Buick Regal last week to at the Palladium theater in Los Angeles. The Regal will be the first Buick to launch after GM’s bankruptcy and will be the company’s competition for the Toyota Camry in the midsized car segment. Buick is hoping that the all-new 2011 Regal will return the company […]
Posted in Automotive on Nov 12th, 2009
Buying a used car can be a scary decision. It’s hard to know what kind of life a car had before it went up for sale. Buying a car online is even scarier than usual, because it’s usually not possible to see every car in person, so an unscrupulous seller could sell a lemon and […]
Posted in Automotive on Nov 11th, 2009
Renault-Nissan’s CEO Carlos Ghosn announced that the company plans to build the world’s cheapest car. Renault-Nissan plans to build a car that will sell for less than the Tata Nano’s $2,500 MSRP. The car will be built for Nissan-Renault by Indian scooter and rickshaw maker Bajaj, according to Autoblog. Neither company has ever built a […]
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