Posted in Automotive on Jun 19th, 2009
GM has issued a press release stating that the Pontiac Vibe will no longer be manufactured after August 2009. The Vibe is built alongside the Toyota Matrix at a plant operated by both GM and Toyota in California called the New United Motor Manufacturing Incorporated facility, or NUMMI. The Pontiac Vibe was set to be […]
Posted in Automotive on Jun 18th, 2009
Automotive startup V-Vehicles is planning to take over a closed GM plant in Louisiana and build a car that it claims will change the automotive landscape in America. V-Vehicles executives and Louisiana state officials announced the plan on Wednesday, according to CNN Money. V-Vehicles will renovate and expand the former Guide headlamp facility in Monroe, […]
Posted in Automotive on Jun 12th, 2009
Car buyers in states without sales tax are now eligible for the tax rebate on new car purchases. The Internal Revenue Service and Treasury Department decided this week that new car buyers in states without sales tax will be able to use the tax break granted under the American Recovery and Reinvestment Act of 2009. […]
Posted in Automotive on Jun 11th, 2009
Volkswagen announced this week that the 2010 Routan will be available with in-car WiFi, allowing passengers (or very talented drivers) the ability to use a laptop or portable gaming system from inside the minivan. Volkswagen says that 600 dealers nationwide will be able to install Uconnect web, powered by Autonet Mobile. Monthly subscriptions start at […]
Posted in Automotive on Jun 11th, 2009
Interest rates for new car loans granted by auto finance companies hit a record low in March, with an average percentage rate of 2.74, but rose in April to 2.79%, according to SubPrime News. The increase in new car loan interest rates was small from March to April, but may be an indication of future trends. […]
Posted in Automotive on Jun 10th, 2009
You probably already know that GM is planning to phase out the Pontiac brand in order to focus on its core brands (Chevrolet, GMC, Buick and Cadillac). The phasing has begun, and the only Pontiac available for the 2010 model year will be the Vibe, according to GM’s 2010 ordering guide. They made a movie […]
Posted in Automotive on Jun 10th, 2009
Last night, the Supreme Court ended the delay of Chrysler’s sale to Fiat, overruling the objections made on Friday by several of Chrysler’s debtors. Two of the State of Indiana’s Pension funds, as well as consumer advocacy groups and several individuals with pending lawsuits against Chrysler fought to delay the sale to have their arguments […]
Posted in Automotive on Jun 9th, 2009
Despite going through bankruptcy, General Motors is still constantly making progress toward a greener future. GM opened a high-tech battery lab that will develop batteries for the plug-in hybrid Chevy Volt in Warren, Mich. earlier this week, according to Left Lane News. While the Global Battery Systems Lab will work primarily on speeding up production […]
Posted in Automotive on Jun 9th, 2009
Carmakers have to find a delicate balance between fuel economy, safety and performance in order to make a successful car. Safety and fuel economy are mandated by the government, and the requirements for both get more demanding every year. With the upcoming change in CAFÉ standards, which will make California’s fuel economy standards the rule […]
Posted in Automotive on Jun 8th, 2009
The sale of Chrysler’s assets to a group consisting of Fiat, the U.S. government, and the UAW healthcare trust has been put on hold by Supreme Court Justice Ruth Bader Ginsburg. According to the Associated Press, Justice Ginsburg ordered the sale “stayed pending further order.” Ginsburg’s delay of the Chrysler sale means that the Supreme […]
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