Economic

Auto Task Force To Mandate Future GM Vehicles?
Auto Task Force To Mandate Future GM Vehicles?

Given congressional approval ratings, it's no wonder that those who love cars are a bit worried that President Obama's secretive Automotive Task Force will begin directing product development at General Motors in the not to distant future. Could the Automotive Task Force be the iceberg that does GM...Read More»

Barack Obama
Have Some Cap & Trade With Your CAFE?

  In case you didn't know, the new American Clean Energy and Security Act of 2009 — our country's new fuel economy and emissions legislation — includes a huge new tax in the form of carbon Cap and Trade. Some might consider the new American Clean Energy and Security Act of 2009 to be a great...Read More»

Logo for Center for Automotive Research
Bankruptcies, What If They Don't Work?

  The professionals on staff at the Center for Automotive Research are not a bunch of politically-minded, industry-tainted hacks. These people know what they're talking about, and when they offer an opinion on something, it's worth taking note. In a release (shown below), they begin to tally the...Read More»

Godzilla and friend
Tokyo Motor Show Scales Down. Way Down.

This whole Economic Downturn is starting to get on our nerves. The Detroit situation was bad enough, but now the crisis is affecting the Tokyo Motor show, and frankly, we don't know if we can take it. We'd share a sob or two with the organizers, if only we could afford to attend the October...Read More»

Senator Debbie Stabenow (D-MI)
Cash-For-Clunkers Update: Showdown In The Senate!

Okay, perhaps that headline is a little misleading. There isn't a showdown per se, but there has been an interesting development in the cash-for-clunkers saga. As you'll recall, there are currently two versions of cash-for-clunkers working in the House of Representatives: one submitted by Betty...Read More»

U.S. Capitol
Cash-For-Clunkers Causes Confusion, Cantankery

Recently, we mentioned that the cash-for-clunkers legislation everyone's been giddy about would soon become a reality--and we had every reason to believe it. At the time, the measure was included as part of a larger, more divisive package on energy reform, but legislators in both the House and the...Read More»

Cobo Hall, Detroit, Michigan
Detroit Auto Show: Location Still In Limbo

According to inside sources who wish to remain anonymous, Cobo Center (the current home of the Detroit Auto Show) is currently the absolute most expensive and flat-out worst convention center in the world that hosts a major auto show. Detroit City Council member Monica Conyers, what to you think of...Read More»

scrap heap
Cash-For-Clunkers Slouches Toward The Finish Line

Good news from Washington, cash-for-clunkers fans: leaders in the U.S. House and Senate are hoping to fast-track legislation that would give new car buyers tidy cash rebates in exchange for trading in their older vehicles. Of course, they've been saying that for a while--but then, time moves slowly...Read More»

The Pontiac logo
Why Is Everything Up For Sale Except Pontiac?

There's no denying that the world's a little crazy right now, and nowhere is this more visible than in the auto industry. Thanks to the global economic meltdown, car makers have been streamlining and downsizing, wheeling and dealing, with brands changing hands faster than bets at a Shanghai...Read More»

2010 Ford Fusion Hybrid
Ford Says Q2 Sales Should Be Up. Yes: Up.

While we're waiting for the other brake shoe to drop at Chrysler, we're happy to report that Ford's picture seems far more rosy. The company's sales analysis and reporting manager, George Pipas, has said that Ford expects to see a slight improvement in sales during the second quarter of 2009. That...Read More»

Ford logo BEST
Ford Losses: Ugly, But Not Fugly

  This morning, Ford announced losses from the first quarter of FY2009. The bad news is, they suck. The good news is, they don't suck as badly as most people expected. It's kinda like walking into a movie theater and expecting Empire of the Ants, but only having to sit through Jaws 2...Read More»

GM Heritage Fleet
NHTSA Throws Wrench Into GM Heritage Fleet Auction

Yesterday the National Highway Traffic Safety Administration halted a Barret-Jackson sale of GM Heritage Fleet vehicles midway through the proceedings. Sources close to the Web site Sports Car Market said that the NHTSA's move was not expected and pointed out that both Barrett-Jackson and General...Read More»

Car Dealer
Ford's Advantage Plan Covers Car Payments Up To 12 Months

While GM and Chrysler ask the Federal government for more money, Ford is offering to lend it to  buyers who purchase any one of their new products. Offering up to 12 months of car payments for new Ford owners who lose their jobs, Ford's new Advantage Plan quadruples Hyundai's Assurance Plus...Read More»

2009 Bentley Continental GTC Speed
Bentley Motors Builds 47th U.S. Dealership In Austin, Texas

Today Bentley Motors announces its 47th U.S. dealership and its third in Texas. Bentley Austin, which will ultimately provide both sales and service in the hill country of Austin, Tex., is set to open its doors onto Research Boulevard in early April. It will be owned and operated by John Eagle...Read More»

Axle assembly
U.S. Treasury Department Extends $5 Billion To Parts Suppliers

Many are viewing the Treasury Deparment's $5 billion in aid for the auto parts supplier industry a signal that more aid - and no bankruptcy filings - are sure to follow for GM and Chrysler. Yesterday's announcement of parts supplier aid comes not much before the autos task force's decision (due...Read More»

Ohio Representative Betty Sutton
Clunker Love, American Style

A couple of days ago, we mentioned that Germany's "Cash for Clunkers" program was going gangbusters and that the U.K. and China were implementing variations of their own. We also said that the U.S. congress was considering similar options, and that we'd update you soon. Well, soon is now. Ohio...Read More»

Car Carrier
Nebraska Dealer, Employees Steal 81 Cars, Face Felony Charges

These are the times that try mens'...criminal records. Police arrested Nebraska auto dealer Allen Patch, and employee Rachel Fait, on Wednesday in Utah. The two, plus manager Rick Covello (who turned himself in to authorities today), face felony charges for the theft of 81 vehicles from their...Read More»

Chrysler dumping Canada?
No, Canada: Chrysler Prepared To Take Toys, Go Home

Chrysler co-president Tom LaSorda hopped across the border to Canada yesterday. It was not a leisure trip. LaSorda paid a visit to the House of Commons in Ottawa, delivering some very grim news to those assembled. In a nutshell, he explained that Chrysler's sales in Canada are down by about 27%...Read More»

Barack Obama
Obama Task Force Balances Urgency, Deliberation with Detroit

The Obama administration's auto task force characterized yesterday's two-hour meeting between UAW union leaders, visit to GM's Technical Center, and tour of Dodge Ram assembly plant as "successful." But while the meeting itself may have increased understanding and communication between government...Read More»

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