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Tuesday, January 6, 2009

Detroit 3 look for midyear sales boost in stimulus aid

By Brent Snavely /  / Detroit Free Press
DETROIT - Sales conditions in the automotive industry are likely to remain brutal - especially for the next three months - but Detroit’s automakers are...
Monday, January 5, 2009

Chrysler sales drop 53 pct; others not much better

The badge on a Chrysler car covered with rain drops is seen at a showroom in London, Friday, Dec. 12, 2008.
By Associated Press
DETROIT — Chrysler LLC’s December U.S. sales plunged by more than half...
  1. Comments2 Comments

Ssangyong gets $45 million from its Chinese parent

By Associated Press
SEOUL, South Korea — South Korea’s Ssangyong Motor Co. said today that it had received $45 million from its Chinese parent Shanghai Automotive...
Sunday, January 4, 2009

No snow job on best car for winter

By Tom & Ray Magliozzi / Car Talk
Dear Tom & Ray: I am a middle-aged woman who drives a Mini Cooper S with a manual transmission. I bought the...
  1. Comments2 Comments

Cadillac unveils sleeker SRX before Detroit show

This image provided by General Motors shows the 2010 Cadillac SRX crossover vehicle.
By Associated Press
DETROIT — General Motors Corp. is counting on the 2010 Cadillac SRX crossover vehicle to lure luxury car buyers...
Saturday, January 3, 2009

A little snow won’t stop Borrego

By Jerry Kronenberg / Motor Mouth
The new 2009 Kia Borrego midsized sport utility vehicle got Motor Mouth through this week’s Boston snow storm without breaking a sweat. My test Borrego...
Friday, January 2, 2009

Government to get 5 million preferred GMAC shares

By Associated Press
DETROIT - The federal government will get 5 million preferred shares of GMAC LLC paying 8 percent interest in exchange for its $5 billion capital injection...

Rare 1937 Bugatti supercar found in English garage

In this undated image released by Bonhams, an extremely rare 1937 Bugatti Type 57S Atalante, is seen in a garage in Gosforth, England, where it was found by relatives after the death of the owner.
By Associated Press
LONDON — It was the equivalent of finding an old Picasso or an unknown Beatles...
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Qualifying for a car loan becomes a smoother ride

By Steve Harrison / McClatchy Newspapers
CHARLOTTE, N.C. - Two months ago, salesmen at a General Motors dealership in Huntersville, N.C., had to ask car buyers with...
  1. Comments1 Comment

Trouble at Toyota: Eco-friendly cars seen rescuing firm’s fortunes

By The Yomiuri Shimbun / McClatchy-Tribune News Service
TOKYO - The groundbreaking ceremony for Panasonic EV Energy Co.’s new factory in an industrial complex in a Sendai...
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Thursday, January 1, 2009

Ford hoping to attract enthusiasts with ’10 Shelby

This undated photo provided by Ford Motor Co. shows Ford’s 2010 Shelby GT500.
By Associated Press
DEARBORN, Mich. — Ford Motor Co. is looking to appeal to muscle car enthusiasts...
  1. Comments1 Comment

General Motors gets first tranche of US loan

In this Feb. 12, 2008 file photo, the General Motors Corp. headquarters are shown in Detroit.
By Associated Press
DETROIT — General Motors Corp. may be well on the way to keeping its New Years’...
  1. Comments2 Comments

Wednesday, December 31, 2008

GMAC raises $21.2B in debt-for-equity swap

By Associated Press
NEW YORK — GMAC Financial Services LLC says it raised $21.2 billion in a debt-for-equity swap, but appears to remain shy of its capital-raising goal...

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