by Joseph Szczesny | Oct 23, 2009
The European Union is launching a new project, dubbed SARTE, that will push the development of technology enabling vehicles to drive themselves in long “trains” on the highway. Tom Robinson, SARTRE project coordinator for Ricardo UK Ltd., which plans to participate in...
by Ken Zino | Oct 23, 2009
October new-vehicle retail sales are expected to decline 6% compared with one year ago–the first single-digit decline since May 2008, according to J.D. Power and Associates. This decline marks the most significant improvement in 17 months, excluding August 2009...
by Marty Bernstein | Oct 23, 2009
Nissan Refreshes and Updates its 2010 Sedans Light trucks may still be a critical segment of the American market, but passenger cars for Nissan are down just 18.6% compared to the industry’s drop of 26%, so far this year and are a very important category to the...
by Ken Zino | Oct 23, 2009
Our favorite blogger covering the ongoing Opel saga, John Smith of GM, said this morning that the Magna/Sberbank deal was delayed until at least the regular GM Board of Directors Meeting on November 3. The sticking point now appears to be the financing that allegedly...
by Ken Zino | Oct 22, 2009
“The auto industry must not be allowed to compromise The Obama administration’s fuel economy, and greenhouse gas standards,” says Lena Pons, Policy Analyst of Public Citizen’s Congress Watch Division. Under the proposal, which was announced with great political...
by Ken Zino | Oct 22, 2009
Generation Y, the largest car-buying group since their baby boomer parents, will confound the problems facing domestic automakers, as their buying power continues to expand. This crowd at 75 million, and currently 15 years old to 32, already surpasses boomers in shear...
by Paul A. Eisenstein | Oct 22, 2009
So much for sunny Florida. As I pull out of the pits at Homestead Raceway, veteran driver Scott Pruett riding shotgun, the gentle drizzle that had been falling most of the morning has turned into a classic tropical downpour. Rivers of cool water flow across Turn 1,...
by Ken Zino | Oct 21, 2009
In a speech today at the National Press Club, Steven Rattner defended the Administration’s decision to intervene in the auto industry and was harshly critical of the insular culture at General Motors, and years of mismanagement and leveraged debt at Chrysler. Failure...
by Paul A. Eisenstein | Oct 21, 2009
Driving less but paying more at the pump? You’re not alone, it seems. There’s a growing disconnect between price and demand, according to the latest data. Blame petroleum prices which have surged about 125% since they fell to the year’s low of $35 a barrel, early...
by Ken Zino | Oct 21, 2009
Jaguar says it took four hours and four minutes for it to sell all 50 of its special edition 2010 XJL Supercharged Neiman Marcus cars that were offered by the Texas retailer’s Christmas Book. The 2010 Jaguar XJL vehicles retailed at $105,000. Jaguar will place...
by Joseph Szczesny | Oct 21, 2009
Chrysler Group LLC and its new masters from Fiat are now planning to present a new “five-year” plan during the first week in November, according to a note circulated by the automaker. The date picked for outlining Fiat’s plans comes about one-year...
