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Mercedes-Benz Slashes E-Class Pricing

Mercedes-Benz Slashes E-Class Pricing

Aiming to undercut the competition, and stop a precipitous sales drop, Mercedes-Benz is taking the dramatic step of cutting prices on its all-new, 2010 E-Class sedan by about 10%, despite the addition of “significant” amounts of new content on the updated...
Dealers Buzzing on Chrysler Bankruptcy

Dealers Buzzing on Chrysler Bankruptcy

President Barack Obama rattled the windows around the car business with a “buy American” plea as he rolled out the administration’s plans for rebuilding Chrysler with help from Fiat. The American International Automobile Dealers Association responded...
Chrysler/Fiat Deal Will Require Bankruptcy

Chrysler/Fiat Deal Will Require Bankruptcy

President Obama is expected to announce a successful deal between Chrysler and Italy’s Fiat during a noon news conference, TheDetroitBureau.com has learned.  But due to problems with a few, reluctant lenders, it is expected that he will force a short,...
BorgWarner Loses $7 Million in First Quarter

BorgWarner Loses $7 Million in First Quarter

In a sign of difficult economic times, BorgWarner Incorporated posted this morning a negative swing of -$97 million in Q1, which is viewed by analysts as a good performance these days in the depressed auto supplier sector. The word’s largest maker of automatic...
Concorso d’Eleganza Villa d’Este

Concorso d’Eleganza Villa d’Este

There’s something about spring in Northern Italy that makes you feel like you’ve stepped onto a movie set.  Maybe it’s the soft light or the gentle breeze as our boat slowly rounds a bend on Lake Como and the lush grounds of Villa d’Este...
Requiescat In Pace, Pontiac

Requiescat In Pace, Pontiac

In truth, the Pontiac brand is not yet dead; it’s only had its death sentence pronounced by General Motors, in an April 27 announcement about adjustments to its February plan for survival that was rejected by the U. S. Treasury Department. The pronouncement came...