General Motors said yesterday that it will make its second loan payment to the United States and Canadian governments on March 31 and reassured its plan to pay back its loan by mid-2010. “In keeping with our commitments to the U.S. and Canadian and Ontario taxpayers, GM plans to make its second quarterly loan payment [...]
The Seasonally Adjusted Annual Rate of Vehicle sales is expected to jump to 12.4 million for March; that represents a 2.1 million unit jump over February. Incentives are abound in dealer showrooms, and that is one factor being attributed to the jump. Toyota is expected to see an increase of 80% from February, and Ford [...]
Update #2: Chrysler has officially announced it is offering Letters of Intent to 50 arbitrating dealers to join its dealer network as full-line representatives. These are dealers whose contracts were rejected as a part of OldCarCo’s bankruptcy proceedings last year. The 50 dealers are in locations that offer customer service benefits and will have limited adverse impact [...]
New Jersey drivers under the age of 21 are already exposed to a number of more laws than their over 21 counterparts, and now it just got easier for law-enforcement to identify them. The state is now requiring a red reflective decal be attached to their license plates to identify their age status. “˜Kyleigh”s Law”, [...]
Kelley Blue Book today announced the winners of its 2010 Brand Image Awards, which are based on consumer perception data and show which brands best communicated certain features of their vehicles over the past year and highlight factors that influence purchase decisions. This marks the third year Kelley Blue Book has awarded manufacturers the Brand [...]
A certain group of enthusiasts will always appreciate the late Pontiac G8 GXP and its Australian sibling the Holden Commodore lineup. Many wagon lovers will also miss the Holden SS-V Special Edition Sportwagon, which shares the same front face of the Pontiac G8. Even though the 362-hp V8 powering the Holden SS-V Special Edition Sportwagon [...]
Zero Motorcycle, known as the global leader in the electric-motorcycle industry, today announced its new upcoming “Discover the Experience Tour” incentive that will be available to California residents. Those living in California will be able to purchase the company”s Zero DS dual sport motorcycle and the Zero S at a prices of $7,945 after a [...]
While the U.S. auto industry overall is expected to have a strong month in March than February, Ford’s results should outpace the industry, said FoMoCo executive Ken Czubay. “We are having a pretty good month in March and we are finding the industry is having a good month, but we ought to outpace the industry [...]
The 2011 Porsche Cayenne SUV will make its stateside debut next week at the 2010 New York Auto Show. The first production hybrid model from Porsche, the new Cayenne S Hybrid, will make its world debut in New York. The North American Cayenne model range will include four models: the 2011 Cayenne, Cayenne S, Cayenne [...]
According to findings by BMWBlog (they are a pretty trustworthy source of BMW news), BMW has filed some trademark registrations that give us a hint of some future models. However, keep in mind that most of the names registered by a car manufacturer may not be associated with a new model, they could be simply labeled [...]
