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News By Topic: Marc Rauch

IRS Grants $4,000 Tax Credit for Ford Focus CNG Car

IRS Grants $4,000 Tax Credit for Ford Focus CNG Car

ASHEVILLE, N.C.--Altech-Eco Corporation of Asheville, North Carolina announced today that they have obtained an approval from the Department of the Treasury, Internal Revenue Service for the first Year-2010 Ford Focus ever to receive a $4,000 Federal Income Tax Credit designation to those who purchase it, because it op ... Continue reading

NUMMI, UAW Reach Tentative Shutdown Agreement

NUMMI, UAW Reach Tentative Shutdown Agreement

FREMONT, Calif.--NUMMI announced that the United Auto Workers and NUMMI have come to a tentative shutdown agreement including a retention package which is subject to a ratification vote of the bargaining unit team members. No details about the agreement will be publicly discussed until the Union has had the opportunity ... Continue reading

Pennsylvania Insurance Department: Auto Policy Premiums Likely Unaffected by Vehicle Recalls

Pennsylvania Insurance Department: Auto Policy Premiums Likely Unaffected by Vehicle Recalls

HARRISBURG, Pa., March 15 Pennsylvania Insurance Commissioner Joel Ario today addressed how auto recalls may impact insurance coverage and urged consumers to respond to recall notices from vehicle manufacturers. "Each week, we learn more about safety problems with certain vehicles, raising many consumers' concerns abou ... Continue reading

Saab Automobile Appoints New Sales Director

Saab Automobile Appoints New Sales Director

Experienced automotive senior executive joins Saab -- Responsible for Saab's global sales operations -- Recruited to optimize sales including three new products in the next 16 months Saab Automobile today announced the appointment of Adrian Hallmark as Executive Director, Sales. Hallmark joins Saab's senior management ... Continue reading

McLaren Automotive Reveals Details of its Next Generation of Prototypes - NEW VIDEO ADDED

McLaren Automotive Reveals Details of its Next Generation of Prototypes - NEW VIDEO ADDED

LONDON - February 23, 2010: Development of the groundbreaking McLaren MP4-12C is entering its final phase. The bespoke high-performance sports car is due to launch in 2011, and right now the latest Experimental Prototype (XP) 12Cs are undergoing intensive appraisal at a number of test locations around the world. One su ... Continue reading

Toyota Offers Preliminary Findings From Technical Field Examination of Alleged 'Runaway Prius' in San Diego

Toyota Offers Preliminary Findings From Technical Field Examination of Alleged 'Runaway Prius' in San Diego

Toyota Engineers Conclude Two Days of Investigation; Driver's Account Of Event Inconsistent With Initial Findings SAN DIEGO, March 15 -- At a press conference today, Toyota Motor Sales (TMS), U.S.A., Inc. offered key preliminary findings of technical field examination and testing that were performed on March 10 and 11 ... Continue reading

Hyundai Owner Loyalty Speeds Past Honda, Replaces Toyota to Take No. 1 Spot, According to One Study

Hyundai Owner Loyalty Speeds Past Honda, Replaces Toyota to Take No. 1 Spot, According to One Study

Hyundai Values Outperform Segment; Sonata Recently Breaks into Top 10 Most-Researched New Vehicles List IRVINE, Calif., March 15 -- According to the latest Kelley Blue Book www.kbb.com Market Intelligence data, brand loyalty for Hyundai recently surpassed that of Honda and Toyota, leading Hyundai's brand loyalty to the ... Continue reading

GMAC To Provide Financing for Saab Dealers and Customers

GMAC To Provide Financing for Saab Dealers and Customers

DETROIT, March 15 -- -- GMAC chosen as financial services provider to Saab Automobile -- Preferred source of wholesale and retail financing for dealers and customers Following its successful launch as an independent company, Saab Automobile announced today that it has selected GMAC Financial Services as the preferred p ... Continue reading

Is James Sikes and His Prius the Latest "Balloon Boy" Story?

Is James Sikes and His Prius the Latest "Balloon Boy" Story?

By Marc J. Rauch Exec. Vice President/Co-Publisher Last Tuesday, just one day after Toyota staged a live video demonstration that utterly destroyed the ridiculous tests conducted by Sean Kane and Professor Gilbert; we were all treated to the latest Toyota SUA (sudden unintended acceleration) story. This one involved a ... Continue reading

Next Generation Kia Optima to Showcase Confident New Design Direction

Next Generation Kia Optima to Showcase Confident New Design Direction

Next generation Kia Optima to showcase confident new design direction - World premiere to be held at 2010 New York Motor Show (SEOUL) March 14, 2010 - The next generation Kia Optima (currently, also known as 'Magentis' in some markets) is set to make its world premiere next month at the 2010 New York International Auto ... Continue reading

Pick Ups That Create Power With Less Fuel and Fewer Emissions - VIDEO STORY

Pick Ups That Create Power With Less Fuel and Fewer Emissions - VIDEO STORY

ST. LOUIS, MO - March 13, 2010: At the Work Truck Show in St. Louis, auto industry insiders are banking on a comeback of light duty pickup trucks. Despite the gas guzzling reputation, people like contractors, campers and small businesses still need trucks. To meet this need, manufacturers are working to make these haul ... Continue reading

New Study: Toyota Customers Remain Loyal Despite Recalls

New Study: Toyota Customers Remain Loyal Despite Recalls

New survey reveals consumer attitudes and perceptions about carmaker FINDLAY, Ohio, March 12 -- The current Toyota recalls have had massive effects on the automaker's sales but the issues have had less of an impact on current Toyota customers than owners of other auto brands, according to a recent survey conducted by C ... Continue reading

All-New Ford Police Interceptor Purpose-Built to Lead Market, Support Those Who Serve, Protect

All-New Ford Police Interceptor Purpose-Built to Lead Market, Support Those Who Serve, Protect

LAS VEGAS, March 12 -- -- Ford reveals its all-new, purpose-built Police Interceptor, engineered to exceed durability, safety and performance of today's leading police car - the Ford Crown Victoria Police Interceptor -- New Ford Police Interceptor sedan will offer two fuel-efficient powertrain options - including EcoBo ... Continue reading

Major Progress for Opel/Vauxhall's Viability Plan

Major Progress for Opel/Vauxhall's Viability Plan

RÜSSELSHEIM, Germany, March 12, 2010 -- Opel/Vauxhall today made significant progress in the implementation of its viability plan. In Spain, local management and unions reached an agreement to implement the planned restructuring measures at the manufacturing plant in Zaragoza. The agreement, which still needs to be ra ... Continue reading

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