Archive | February, 2009
On and off again: Audi CEO says A1 isn’t ready for the U.S.

On and off again: Audi CEO says A1 isn’t ready for the U.S.

Back in October 2008, Peter Schwarzenbauer, Audi”s worldwide sales and marketing boss, told Automotive News that the Audi A1 is being reconsidered for the United States. Audi of America President Johan de Nysschen said today that he believes the North American market isn’t ready for a premium subcompact such as the A1. De Nysschen told [...]

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Toyota sales fall 34.4 percent in January

Toyota sales fall 34.4 percent in January

Toyota Motor Corp. announced today that it sold a total of 117,287 vehicles last month, a decrease of 34.4 percent from the same period a year ago. The Toyota brand itself sold 102,565 units, a 34.9 percent from last January. Lexus reported January sales of 14,722 units, a decrease of 30.3 percent Passenger car sales were [...]

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GM announces 49 percent drop in Jan. sales, offers new incentives

GM announces 49 percent drop in Jan. sales, offers new incentives

General Motors announced today that January sales were down 49 percent with a total of 129,227 vehicles delivered last month. Retail sales were down 38 percent. To boost sales, GM announced a new round of incentives that include 0 percent financing and more cash back programs. The company said that a total of 923 GM [...]

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2009 Honda Fit outscores rivals in Consumer Reports subcompact test

2009 Honda Fit outscores rivals in Consumer Reports subcompact test

The new redesigned 2009 Honda Fit outscored its competitors including the Toyota Yaris and the Nissan Versa in the latest Consumer Reports’ tests of six subcompacts and small sedans for the March 2009 issue. The Honda Fit also became one of the hottest-selling cars when gasoline prices were over $4 a gallon. The designed Fit [...]

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Citroen to move brand upscale, bringing back the DS line

Citroen to move brand upscale, bringing back the DS line

Citroen is planning to go upscale. The French automaker will reveal a new re-branding initiative that will introduce a “new-premium” product line along with other changes to its 3,300 global dealer network. The move coincides with Citroen’s 90th birthday and will be the first update to the brand’s logo since 1985. According to marketing director Xavier [...]

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GM to help cities prepare for the arrival of the 2011 Chevy Volt

GM to help cities prepare for the arrival of the 2011 Chevy Volt

General Motors announced today that it is planning the next phase of getting the Chevrolet Volt ready for two cities it believes that the plug-in hybrid will do well in. GM will be working with San Francisco and Washington, D.C. to accelerate their transition to plug-in electric hybrid vehicles. What does this new phase mean? [...]

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Ford sales down 39 percent in Jan., F-Series and Fusion market share increases

Ford sales down 39 percent in Jan., F-Series and Fusion market share increases

FoMoCo announced today that total Ford, Lincoln and Mercury sales were down 39 percent in January than the same period a year ago. Fleet sales were 65 percent lower and retails sales were down 27 percent. But it’s not all bad news for the Detroit automaker. Ford said that its F-Series and Fusion mid-sized sedan [...]

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What credit crisis? BMW M GmbH sales up 50 percent in 2008

What credit crisis? BMW M GmbH sales up 50 percent in 2008

Despite the global economic downturn, BMW’s M GmbH reported that year-on-year sales were up 50 percent in 2008. The division reported sales of 24,186 units of BMW M vehicles to customers in the 2008 business year, the second best-result in its 30 year history. A total of 2,465 units of the BMW M5 were sold [...]

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Väth V18K spices up your 2008 Mercedes-Benz C-Class

Väth V18K spices up your 2008 Mercedes-Benz C-Class

Most of the tuning packages out there are usually created for the already high-performance sedans and coupes. So instead of offering a tuning package for the new 2008 Mercedes-Benz C 63 AMG, German tuning firm Väth has unveiled a new series of enhancements for the conservative and frugal folks. Known as the V18k, the Väth [...]

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GM to offer employees another round of buyouts

GM to offer employees another round of buyouts

Following Chrysler’s decision to offer more buyouts yesterday, General Motors announced today it will offer another round of buyouts to all of its hourly employees as the troubled automaker continues to cut cost and prepare for a plan to show the government it can be viable in the long-term. Spokesman Tony Sapienza said the buyouts [...]

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