Congress, White House Nears Deal on Auto Loan Gaurantees
Dec 9, 2008
WASHINGTON december 9, 2008; Julie Hirschfeld Davis And Ken Thomas writing for the AP reported that a federal "car czar" would oversee a government-run restructuring of U.S. auto companies in return for a $15 billion bailout of the beleaguered industry under an emerging deal between the White House and Congress. Negoti ... Continue reading
2009 Mercedes-Benz E320 Bluetec Sedan Review
Dec 8, 2008
MERCEDES-BENZ E320 BLUETEC DIESEL REVIEW By Steve Purdy TheAutoChannel.com Detroit Bureau SEE ALSO: Mercedes-Benz Pics, Specs and Prices â Mercedes-Benz Buyers Guide Imagine the chagrin of this poor, depressed fellow who carefully plans his own demise. He goes out into his garage with the overhead door shut tight, ... Continue reading
"Car Czar" Proposed For Any Automaker Bailout
Dec 8, 2008
WASHINGTON DC December 7, 2008; Thomas Ferraro and John Crawley writing for Reuters reported that a government "car czar" would oversee any bailout of U.S. automakers under proposed terms being negotiated by the White House and Congress for extending up to $17 billion in emergency loans that mainly aim to spare General ... Continue reading
JAGUAR IS RECALLING 3,754 MY 2009 XF VEHICLES
Dec 8, 2008
NHTSA CAMPAIGN ID Number: 08V607000 N/A NHTSA Action Number: N/A Component: ELECTRICAL SYSTEM: INSTRUMENT PANEL Potential Number of Units Affected: 3754 Summary: JAGUAR IS RECALLING 3,754 MY 2009 XF VEHICLES FOR INSTRUMENT CLUSTER SPEAKER FUNCTION PROBLEMS. THE SPEAKER WIRES MAY FRACTURE. AS A RESULT, THE SPEAKER WILL ... Continue reading
Dec 8, 2008
SOUTHFIELD, Mich.--The effects of an automaker bankruptcy would inflict much higher costs to United States taxpayers, up to four times the amount of the proposed federal bridge loans if at least two companies failed, according to a joint analysis released today by Anderson Economic Group (AEG) and BBK, an international ... Continue reading
White House Says Auto Aid Bill Agreement Coming Today?
Dec 8, 2008
WASHINGTON, Dec 8, 2008; Reuters) - The White House said it had made progress in talks with congressional leaders seeking to complete a rescue package for automakers and that a deal could be reached as early as Monday. White House spokeswoman Dana Perino said the administration backed the idea of the president naming a ... Continue reading
GM says it "disappointed" and "betrayed" consumers
Dec 8, 2008
DETROIT December 8, 2008; Kevin Krolicki writing for Reuters reported that General Motors Corp on Monday unveiled an unusually frank advertisement acknowledging it had "disappointed" and sometimes even "betrayed" American consumers as it lobbies to clinch the federal aid it needs to stay afloat into next month. The pri ... Continue reading
Jungle Motors Now Converting Toyota Prius into High Mileage Plug-In Hybrid
Dec 8, 2008
SAN JUAN CAPISTRANO, Calif.--Jungle Motors, Orange Countyâs largest electric vehicle conversion facility, is now offering a new Plug-In Hybrid conversion for the Toyota Prius. Jungle Motors, which has been converting gasoline-powered Porsche 911s and Chrysler PT Cruisers into clean, green commuter cars, is now off ... Continue reading
Volvo: Green Corridors Provide for Safer and More Environmentally Sound Transports
Dec 8, 2008
STOCKHOLM, Sweden--Regulatory News: The Volvo Group ( is initiating cooperation within the Swedish governmentâs logistics forum and with the authorities to realize the EU Commissionâs concept regarding environmentally sound goods transport in âgreen corridors.â The goal is to reduce the impact on th ... Continue reading
2009 Cadillac Escalade 4WD Hybrid review
Dec 7, 2008
THE AUTO PAGE By JOHN HEILIG SPECIFICATIONS Model: Cadillac Escalade 4WD Hybrid Engine: 6.0-liter V8 plus hybrid propulsion system Horsepower/Torque: 332 hp @ 5100 rpm/367 lb.-ft. @ 5100 rpm Transmission: 6-speed automatic Wheelbase: 116.0 in. Length/Width/Height: 202.5 x 79.0 x 74.3 in. Tires: P285/55R22 Cargo volume: ... Continue reading
Mercedes to Select Suppliers Next Spring for Model to be Built in Hungary
Dec 7, 2008
Auto giant Daimler AG will select suppliers this spring for the new next-generation A- and B-class compact model that the company plans to build exclusively at its plant in Kecskemet (C Hungary) beginning in 2012, supply manager Eberhard Gloger announced at an ITDH-sponsored auto suppliers' conference on Friday. ... Continue reading
Iveco Delivers Specialist 4x4 Fleet for Expedition to the Arctic
Dec 7, 2008
Iveco has delivered six special vehicles for the "Oltre - Beyond The Edge 2008" expedition to the Arctic. The expedition will be travelling from North Cape to the Bering Strait to celebrate the 90th anniversary of the North-East Passage completed by Norwegian explorer Roald Amundsen. ... Continue reading
JE Design Offers Sport Programme for New Volkswagen Scirocco
Dec 7, 2008
German tuning company, JE Design introduced a new styling package for the new Volkswagen Scirocco ... Continue reading
The Solution to Save the U.S. Auto Industry is Here... CAR-AID
Dec 6, 2008
By Marc J. Rauch Exec. Vice President/Co-Publisher Everybodyâs looking for the answer to Detroitâs problems; Congress, the President-elect, the three American car companies, all the hack pseudo-economists on the television networks, and even my partner (Bob Gordon) and I have taken a stab at it. Unfortunately ... Continue reading
CNBC Poll Asks: Would You Buy a Car From a Bankrupt Manufacturer?
Dec 5, 2008
CNBC December 5, 2008; Suppose you were going to buy a new car. With all things being equalâlike price, performance, extra featuresâwould you be willing to purchase a car made by a manufacturer that has filed for bankruptcy protection? That's the question CNBC and Portfolio.com asked in the most recent "Wealt ... Continue reading
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