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News By Topic: Automobile Manufacturers

GM plans to spend up to $416 mln on GM Daewoo

GM plans to spend up to $416 mln on GM Daewoo

SEOUL, Feb 12, 2003; Reuters reported that General Motors said it plans to invest up to 500 billion won ($416 million) this year in its South Korean unit, GM Daewoo Automotive and Technology Co, to beef up design and production. GM agreed in April of 2002 to take a majority stake in GM Daewoo for $251 million, providin ... Continue reading

Huzzahs IAB! Internet Advertising WORKS! See This New Real World Study

Huzzahs IAB! Internet Advertising WORKS! See This New Real World Study

New York, NY ; February 10, 2003 ; Today, the Interactive Advertising Bureau (IAB) released new research results from the latest of its Cross Media Optimization Studies (XMOS) based on advertising campaigns from Kimberly-Clark’amp;s Kleenex’reg; Soft Pack tissues and Colgate-Palmolive’amp;s Colgate’reg; Total’reg; ... Continue reading

Median Age of U.S. Cars and Light Trucks Increases

Median Age of U.S. Cars and Light Trucks Increases

DETROIT, Feb. 11 -- For the first time since the mid-1990s, automotive registration data reveal that Americans are keeping older vehicles on the road for longer periods. R. L. Polk & Co., the industry's premier automotive solutions provider, today announced that the median age of cars and light trucks in operation incr ... Continue reading

2003 New York International Automobile Show Fact Sheet

2003 New York International Automobile Show Fact Sheet

Public Information/Events Auto Show Sneak Preview Friday, April 18 (11 a.m. - 8 p.m.) Auto Show Dates Friday, April 18 - Sunday, April 27 Charity Preview Gala Thursday, April 17 (advanced tickets required) Public Show Hours Sundays: 10 a.m. - 7 p.m. Monday - Saturday: 11 a.m. - 10:30 p.m. Location Jacob K. Javits Conve ... Continue reading

Mazda Hits Home Run With RX-8 Styling, Price Point

Mazda Hits Home Run With RX-8 Styling, Price Point

- New Rotary-Powered RX-8 Is a Sports Car Like No Other - CHICAGO, Feb. 11 -- Mazda hit the sweet spot when it debuted the all-new, rotary-powered RX-8 sports car in January at the North American International Auto Show in Detroit. With an athletically sculpted exterior and one-of-a-kind rotary engine, the Mazda RX-8 i ... Continue reading

Bertone at the Geneva International Motor Show

Bertone at the Geneva International Motor Show

The upcoming Geneva International Motor Show will host the world preview of a concept car from Bertone that interprets a classic theme for the company: uncompromising Italian sportiness as a means to achieve possession of an exclusive object, and supremely enjoyable driving. The car's architecture is based on a two-box ... Continue reading

Consumers Believe SUV Criticism Is Hype According to New Study

Consumers Believe SUV Criticism Is Hype According to New Study

New Poll of In-Market Car Buyers Reveals Consumer Views of SUVs, Media and Terrorism IRVINE, Calif., Feb. 11 -- A New Vehicle-Buyer Attitude Study on SUVs released today shows more than half of its respondents feel the negative press around SUVs is hype and more than 70 percent felt that groups criticizing SUVs ignored ... Continue reading

GM Will Spend $2 Billion to Spruce Up Small Cars

GM Will Spend $2 Billion to Spruce Up Small Cars

DETROIT February 11, 2003; Dow Joness reports that Tuesday's Wall Street Journal reported that GM is counting on smaller cars to help its bottom line. After years of raking in fat profits on big pickups and sport-utility vehicles, General Motors Corp. is spending nearly $2 billion to overhaul the other end of its lineu ... Continue reading

GM raises truck's rebate to $4,000 after sales fall

GM raises truck's rebate to $4,000 after sales fall

Detroit February 11, 2003; Joe Miller writing for Bloomberg reported that General Motors Corp., the world's largest automaker, increased the Chevrolet Avalanche rebate to $4,000, the highest in the company's U.S. lineup, after the truck's January sales fell 47 percent. The discount rose from $2,500 on Friday and now is ... Continue reading

Hybrids And Hydrogen Are The Stars Of General Motors' Sacramento Tech Tour

Hybrids And Hydrogen Are The Stars Of General Motors' Sacramento Tech Tour

Sacramento, Calif. - During a three-day Tech Tour that begins today, state lawmakers, regulators and environmentalists will drive a broad array of General Motors cars and trucks - including the celebrated Hy-Wire - that reduce emissions and improve efficiency. Hy-Wire is the world's first drivable vehicle that combines ... Continue reading

Range Increases 80 Percent On GM Compressed Hydrogen Fuel Cell Vehicles First To Reach Milestone In Hydrogen Storage

Range Increases 80 Percent On GM Compressed Hydrogen Fuel Cell Vehicles First To Reach Milestone In Hydrogen Storage

SACRAMENTO, Calif. - General Motors Corp. has increased the range of its HydroGen3 compressed hydrogen fuel cell vehicles by 80 percent with the world's first successful test of a 10,000-PSI (700 bar) hydrogen storage system. The HydroGen3 Zafira minivan has a range of 170 miles, up from 95 miles achieved in summer 200 ... Continue reading

Volkswagen Plans Investment Boost In US To Up Sales

Volkswagen Plans Investment Boost In US To Up Sales

NEW YORK February 10, 2003; Dow Jones reported that the Financial Times reported on its Web site Monday that Volkswagen AG is preparing to invest more than $107 million by the end of 2003 to build or improve U.S. car showrooms in order to increase new model sales. Volkswagen will pay $600,00 at each of 310 sites for ne ... Continue reading

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