Chrysler Bondholders May Be Ready to Settle

Chrysler Bondholders May Be Ready to Settle

One of the most pressing obstacles in the way of a Chrysler rescue plan could be resolved, according to reports circulating in Detroit circles.  If accurate, the automaker’s lenders will be willing to swap $2.5 billion of its $6.9 billion in secured debt for...
100 MPG: Holy Grail or Hype?

100 MPG: Holy Grail or Hype?

The morning headline in the online version of our local Detroit Free Press blares out “100 mile per gallon truck,” a reference to the IDEA, a concept vehicle developed by Bright Automotive, debuting on paper today, at a press conference in Washington DC....
Volvo Cars Offers Three New Child Restraints

Volvo Cars Offers Three New Child Restraints

Volvo Car Corporation is adding three new child restraints to its approved accessories that it says are comfortable and easy to use. The trouble is Volvo owners in the U.S. won’t be able  to buy them because a rule by the National Highway Traffic...
A Hummer that Gets 100 MPG?

A Hummer that Gets 100 MPG?

FEV Incorporated, a leading developer of advanced powertrain and vehicle technologies, has teamed up Utah-based Raser Technologies to develop the H3 ReEV, the first vehicle equipped with Raser’s “range-extended” electric vehicle technology....
Sneak Peek: 2010 Jaguar XJ

Sneak Peek: 2010 Jaguar XJ

If you didn’t make it to this year’s Shanghai Motor Show, you likely missed getting your first, albeit brief, look at the all-new 2010 Jaguar XJ sedan.  Almost, anyway, for you’re getting a sneak peek here on TheDetroitBureau.com. The...
A Republican Who Likes Detroit?

A Republican Who Likes Detroit?

California governor Arnold Schwarzenegger opened the annual Society of Automotive Engineers World Congress in Detroit on Monday morning with a rousing endorsement of the American car industry. Schwarzenegger, who has been a frequent critic of Detroit’s carmakers...
UAW Says Call President Obama Today!

UAW Says Call President Obama Today!

The UAW, in an urgent e-mail to members and retirees, is asking them to contact the White House directly today over the ongoing negotiations with the Auto Task Force and related parties to the auto restructurings. The union apparently is unhappy with what is being...
Peeling Back the Layers of Safety Statistics

Peeling Back the Layers of Safety Statistics

We the motorists of America have been preening ourselves the last few weeks because of the good news about significantly reduced carnage on our highways.  And that’s as it should be: safety belt usage is up, drunken driving is down, cars and highways are safer,...