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Would you buy a K-Car? It's probably not what you might think. So-called kei cars (or K-cars) are popular in Japan because of their tax exemptions and parking advantages. In this segment created more by regulation more than demand, they're limited to about 134 inches in length (more than two feet longer than the smart fortwo) and 58 inches in...
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Chrysler Looking for More Cuts
Despite deep cuts in production numbers and plans to trim between 8500 and 10,000 blue-collar jobs through the first half of 2008, Chrysler LLC is still looking for more cost savings. The automaker is ...
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China Building Cars in Mexico
One of China 's top automakers expects to open an assembly plant in Mexico in the next three years. Officials from Grupo Elektra S.A. de C.V., a leading specialty retailer, consumer finance, and banking ...
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Ford Drops New N.A. Plant Plans
Ford is shelving plans to build a new assembly plant in northern Mexico . Instead, Ford has promised the United Auto Workers in its new labor pact to build a small car in the U.S. Pushing both Ford ...
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Chrysler Cherys Will Take a While
The new alliance between Chery and Chrysler LLC is up and running, but it be a while before the cars spawned by the collaboration will reach showrooms in the U.S. and Europe , a Chery executive says. Lin ...
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Ford Inks New UAW Pact
Members of the United Auto Workers have ratified the last of three labor contracts that include a dramatic reduction in wages for new employees of General Motors, Ford , and Chrysler , and shifts the burden ...
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Honda Sets Fuel-Cell Plans in L.A.
Honda plans to lease a fuel-cell-powered vehicle directly to consumers in Southern California for around $600 per month, beginning in the summer of 2008. The leasing of the FCX Clarity will test both ...
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GM’s $39B Loss: Turnaround On Hold?
Last week's stunning announcement by General Motors that it had lost $39 billion in the third quarter put a halt to a lot of chatter about GM's ostensible comeback. With the economy and new vehicle sales ...
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Poll: Americans Want Less Foreign Oil
American voters now consider the nation's dependence on foreign oil, the nation's top national security issue and favor tougher fuel economy standards by an overwhelming margin, according to a new poll released ...
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