The Cash For Clunkers program, which started this past Monday, has already burned through $950 million of its $1 billion budget. Not to worry though, as the House passed by an overwhelming majority, a piece of legislation that adds $2 billion to the program. White House Press Secretary Robert Gibbs has announced that the administration [...]
Chrysler Group LLC announced today that it will continue with the production of the Chrysler PT Cruiser – at least for another year or so. “The heritage-styled Chrysler PT Cruiser continues to be a global success story,” said Peter Fong – President and Chief Executive Officer – Chrysler Brand and Lead Executive for the Sales [...]
It’s a rainy Friday here in NYC and it’s quite depressing to say the least. Nonetheless, the show must go on and we’re close to wrapping up the day here at egmCarTech. Mini bumper sticker pokes fun at Cash for Clunkers: Mini gave its dealers creative bumper stickers to be handed out to customers trading [...]
The 2010 Ford Taurus just started rolling into dealerships last week and Ford is now gearing up for a huge marketing campaign that will use football and the Web to try to convince a new set of customers that the Taurus is no longer a boring and dull vehicle. “Part of the effort is to [...]
After the gorgeous concept unveiled at the 2008 New York Auto Show and all the anticipation for the production model, Suzuki finally unveiled the 2010 Kizashi yesterday for the North American market. Right off the bat you notice that the production model looks much different than the concept seen last year in New York. Nonetheless, [...]
Zero Motorcycles, a Santa Cruz, California based company, has introduced their new Zero DS, a full-electric dual-sport motorcycle with zero emissions. Zero Motorcycles says that their new model is built on an aggressive suspension, rugged wheels and dual sport tires allowing you to ride over any surface. The company says that “each component on the [...]
Just the other day, we were wondering what happened to FoMoCo’s plans to sell Volvo. Last we heard, Chinese automaker Beijing Automotive Industry Holding Co. was talking to Ford about buying the company”s Volvo stake. Well, the Wall Street Journal is now reporting that FoMoCo is slowing down the bidding process for its Volvo brand as [...]
About two weeks ago, Mercedes-Benz confirmed that it is working on a Mercedes-Benz SLS AMG with electric-drive, scheduled to debut in 2015. It is now reported (or rumored) that Audi will be showing a concept at this September’s 2009 Frankfurt Motor Show that will compete with the SLS AMG eDrive. Known as the Audi R8 [...]
Well, it seems like consumers are really going out there and taking advantage of the government’s new Cars Allowance Rebate System. It has been reported that just four-days after its launch, the Cash for Clunkers program has already burned through $950 million of its $1 billion budget. Congressional sources have said that the program may [...]
German tuning firm Edo Competition, well known for their Ferrari modifications, has announced a new performance upgrade package for the Mercedes-Benz C 63 AMG sedan. To increase performance, Edo upgraded the ECU and added a new high-performance exhaust system, exhaust headers, high-flow catalytic converters and new air filters. All that helps produce a total of [...]
