Car News
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Honda leads the automotive industry in retaining the highest percentage of new-vehicle purchasers, according to the J.D. Power and Associates 2008 Customer Retention Study. The study measures the percentage of new-vehicle buyers who replace a previously purchased new vehicle with another from the same brand. Improving by nearly two percentage points from 2007, Honda retains an exceptional 64.7% of its customers, followed by Toyota at 63.2% and Lexus at 60.4%. J.D. Power and Associates stated that "Honda's reputation for creating safe vehicles with high resale value has been instrumental in...
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Ford hoping to distance itself from Detroit rivalsThe demise of the Detroit 3 is unsurprisingly tarnishing the image of American carmakers, however Ford executives are hoping to distance themselves from their neighbors, General Motors and Chrysler, by refusing government loans (for now). Chrysler and GM's current financial situation is no secret...
James Martinez -
Analysts predicting only 11.5 million vehicle sales in U.S. in ‘09CSM Worldwide, an outfit that provides automotive market forecasting, is predicting that 2009 will be the worst year for the auto industry since 1982, with just 11.5 million vehicles expected to be sold in the United States. Previously it was reported that the breaking point for General Motors...
Viknesh Vijayenthiran -
Hurst releases full specs and pricing for modified Dodge Challenger rangeThe Dodge Challenger SRT8 has been a welcome arrival for many muscle-car fans. Willing to overlook its hefty weight for the old-school looks and meaty Hemi power, they've already purchased just about every car scheduled to be made for the next year. But Hurst wasn't content to leave the Challenger...
James Martinez -
Mercedes to debut 'Splitview' technology in facelifted S-ClassMercedes Benz today announced the availability of a new display technology that allows driver and passenger to see two totally separate programs from the same screen, at the same time. The equipment will debut on the facelifted S-Class, Mercedes' perennial platform for innovation, in the first half...
Nelson Ireson -
Extended Maybach 62 becomes six-seat Maybach 72Daimler's Maybach brand of super-luxury executive vehicles doesn't have the sales strength of rivals Bentley or Rolls Royce, but it's no less an opulent and sizable piece of machinery. Despite the Maybach 62's 242.7in (6.17m) length, some intrepid modifiers decided it wasn't quite large enough, and...
Alex Kaufmann -
A number of Ford-brand enthusiast sites today revealed that at least one other site, TheRangerStation, has received a letter from a law firm claiming to represent the Blue Oval, demanding that they relinquish any domain names with Ford brands in them, as well as turn over for destruction all merchandise with Ford logos, in addition to demanding $5,000 for trademark infringement. New updates on the issue from Ford reveal that the root cause of the matter is the alleged sale of counterfeit Ford goods, including a range of decals and logos using Ford trademarks. Speaking with MotorAuthority...
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Wrightspeed Cancels The X1 Electric Sports CarDetroit's carmakers aren't the only ones that need some help in the down market. Smaller manufacturers, especially startup and mid-sized electric vehicle companies, are in tight spots as well. Tesla is in need of a cash infusion to build its Model S sedan, and now Wrightspeed, the company behind...
Ralph Hanson -
Tesla will be forced to delay Model S sedan without federal loanFledgling electric car company Tesla Motors has encountered financing problems recently, prompting the firm to apply for a $400 million aid package from the Department of Energy. The electric sports carmaker has now revealed that without the loans the introduction of its Model S sedan will have to...
Ralph Hanson -
Ford refuses to comment on talks with Chinese firms over Volvo saleEarlier this week reports emerged that Ford was in talks with Chinese carmakers Shanghai Automotive Industry Corporation (SAIC) and Changan Auto over a potential sale of Volvo. The Blue Oval has now confirmed that the struggling Swedish carmaker is up for sale but refused to comment on whether...
Viknesh Vijayenthiran -
Volt development costing GM $750 millionAs set out in Maslow's hierarchy of needs, basic survival must first be established before one can move on to worry about the esoteric concerns of philosophy, morality or ethics. In an odd twist of logic, however, America's car companies have been forced to premise their immediate survival on their...
Nelson Ireson -
DuPont names white most popular car color in U.S.Paint companies have a somewhat understandable fascination with color popularity, and each year they release their statistics, citing which new car color reigns supreme. This year, DuPont has named white its strongest seller, though just a few months ago PPG said silver was the hottest color. The...
Ralph Hanson -
The Italian automaker today rebutted media reports of its financial instability, insisting that not only is the company operating within expected parameters, but that everything is fine in terms of sales despite the global slowdown. A report yesterday by Autocar claimed an inside source revealed Ferrari would be cutting up to 300 jobs by weeks end as part of a drastic cost-savings measure to keep the company afloat. Today's statement from Ferrari, by way of MotorTrend, reveals that that is - at least for the moment - patently false. No such announcement has been made, and though a contractual...
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Iacocca, Lutz speak out on possible Wagoner oustingRick Wagoner could be spending his final few days as CEO of General Motors if Senator Chris Dodd of Connecticut and his supporters have their way. Already speculation as to which of the world's proven corporate leaders could take Wagoner's place at the helm of the struggling automotive giant has...
Nelson Ireson -
GM, Chrysler bankruptcy up to 400% more expensive than bridge loans, says studyIf you listen to the CEOs and PR spin-doctors, bankruptcy has never been an option for America's carmakers, despite behind-the-scenes talk of 'Plan B' scenarios. It turns out that such aversion to bankruptcy isn't just head-in-the-sand reactionary behavior. If General Motors and Chrysler were to...
Nelson Ireson -
Covini C6W six-wheel supercar to enter production in 2009The Covini C6W (short for Covini 6 Wheeler) is an Italian two-seat, two-door supercar with a removable roof section. The vehicle was first conceived more than 30 years ago by Ferruccio Covini but was later ditched until the late 1980s. With the development of new hydro-pneumatic suspension...
Alex Kaufmann -
White House voices concern over bailout planThe Bush administration and congressional Democrats have made a tentative agreement for a $15 billion emergency loan for the Detroit 3, but there remains concern in the White House that the carmakers may still not survive. President George W. Bush has reportedly questioned the ability of the...
Ralph Hanson -
Detroit 3 bailout likely to come with 'car czar'With the legislation for a loan package to secure the immediate futures of the Detroit 3 is reaching the 'discussion draft' stage today, talk of an overseer to administer the funds has begun. The bill actually stipulates that there may be multiple overseers, raising the possibility of an oversight...
Ralph Hanson -
The UAW is reportedly seeking a major stake in General Motors as well as a seat on its board in return for making concessions under the carmaker’s latest restructuring proposal presented to Congress last week. The latest news contradicts statements from UAW president Ron Gettelfinger, who during last week’s Congress meeting revealed that unions would make the changes without any strings attached. Speaking recently with Automotive News, Gettelfinger declined to comment when asked if the union was open to exchanging equity for additional wage and benefit concessions but said that...
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Chrysler and Chery ‘mutually agree’ to end allianceThe deal between Chrysler and Chery to build small cars for the North American market has been anything but smooth sailing, with numerous delays and obstacles causing both companies to have almost walked away from the deal previously. Now, Chrysler has formerly announced that both it and Chery have...
Jeremy Weber -
GM renews commitment to American peopleNo one in the U.S. can reasonably be unaware of the current condition of the U.S. car market or its primary domestic companies. The carmakers' current pleas to the U.S. Congress for federal loan packages to help prevent bankruptcy - or worse - are the focal point of even mainstream news coverage of...
Nelson Ireson -
Nissan upgrades European GT-R along 'Series II' linesRecent reports about the demise of launch control in Nissan's GT-R aside, the cars sold in the UK and Europe next year will be getting a range of upgrades as well. Those upgrades have now been confirmed for Europe, including a 5hp (3kW) bump in power to 478hp (356kW) and stickier Dunlop tires, like...
Kenneth Hall -
Prius plug-in hybrid conversion kit promises 40mi range on electricity, 100mpgWith figures that equal the proposed Chevrolet Volt without the wait and with the familiarity of the highly successful Toyota Prius platform, California outfit Jungle Motors may have a winner on their hands with their plug-in hybrid conversion kit. The company has been in the business of converting...
Nelson Ireson -
Daimler expands ‘car2go’ vehicle sharing program, considers adding EVs to fleetDaimler commenced trials of a new mobility concept called the ‘car2go project’ in Ulm, Germany, on October 24 in an attempt to provide a solution for increasing traffic volume in urban areas. The company is now expanding the program to 200 cars from an initial 50, and opening the fleet...
Alex Kaufmann