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Flat Incentives, Economic Blahs Kill August Sales

Flat Incentives, Economic Blahs Kill August Sales

New-vehicle retail sales in the last week of August slowed considerably, pulling down the August selling rate below 8.5 million units, according to the latest data from J.D. Power and Associates. For total sales, the seasonally adjusted annualized rate (SAAR) is...
Lexus Eco Challenge Makes International Impact

Lexus Eco Challenge Makes International Impact

With the majority of kids about to head back to school, Lexus is again issuing an environmental challenge to win thousands of dollars in grants and scholarships. The fourth annual Lexus Eco Challenge calls on students to identify an environmental issue, develop an...
Chevrolet Volt Debuts in Shanghai

Chevrolet Volt Debuts in Shanghai

General Motors Company marked the arrival of the first drivable Chevrolet Volt models in China today as two of the electric vehicles appeared at the Shanghai Expo Bureau for use as part of its VIP transportation fleet at World Expo 2010 Shanghai. China will be one of...
Dissident Shareholders Lose at Magna

Dissident Shareholders Lose at Magna

Dissident shareholders have lost their bid to block a plan to eliminate Magna’s dual class of shareholders. (See Stronach Prevails at Magna! Shareholders Approve Lavish Buyout of Privately Held Family Shares by Ken Zino. ) The plan, which as already been...
Review: Cadillac Gets Shape of New SRX Right

Review: Cadillac Gets Shape of New SRX Right

Most everyone can agree that styling is critical for new vehicle’s sales. But beyond styling, even the basic shape of the vehicle is important. Consider the first-generation Cadillac SRX. While many in the motoring press gave it fantastic reviews, buyers were left...
Alfa-Romeo To Play Key Role In Fiat Re-Launch

Alfa-Romeo To Play Key Role In Fiat Re-Launch

While the spotlight is focusing on the re-launch of the Fiat brand, late this year, another long-absent Italian marque is getting ready to make its own American comeback. Hundreds of potential dealers were in suburban Detroit, this week, meeting at Chrysler...
Feds to Stigmatize Gas Guzzlers with a D Grade?

Feds to Stigmatize Gas Guzzlers with a D Grade?

The U.S. Department of Transportation (DOT) and the U.S. Environmental Protection Agency (EPA) are jointly proposing the most radical changes to the fuel economy labels on the window of every new vehicle in dealer showrooms since the regulation began 30 years ago. The...
Chrysler Courts Potential Fiat Dealers

Chrysler Courts Potential Fiat Dealers

Looking to establish 165 Fiat showrooms in the U.S. by the end of the year, Chrysler hosted select Chrysler Group dealers interested in selling the Italian cars at a meeting Monday. Fiat, which controls Chrysler after the U.S. automaker’s 2009 bankruptcy, wants to...
Late Auto Loan Payments Falling

Late Auto Loan Payments Falling

U.S. motorists seem to be getting a grip on their household budgets and are doing a better job of getting auto loan payments in on time. The auto delinquency rate took a sharp rise in recent years, a reflection of the worsening economy – and a mirror of the increased...
Mazda Recalls More than 200,000 3 and 5 Models

Mazda Recalls More than 200,000 3 and 5 Models

Mazda is recalling 215,000 2007-2009 Mazda3 and Mazda5 vehicles made from 2 April 2007 through 30 November 2008. These vehicles may have a safety defect where a sudden loss of power steering assist could occur while driving. If power steering is lost without warning,...
Ford Recalls 575,000 Windstar Minivans for Rust

Ford Recalls 575,000 Windstar Minivans for Rust

Ford is recalling 575,000 minivans from model years 1998-2003 to fix rear axle shafts that can weaken because of corrosion, according to the National Highway Traffic Safety Administration. The voluntary recall affects 463,000 Windstar minivans in the U.S. with the...