by Ken Zino | May 4, 2010
Chrysler Group LLC today announced 0% financing on most 2010 model year Chrysler, Dodge, Jeep, and Ram truck vehicles when financed through GMAC Financial Services. The terms vary by brand, with three or five year loan lengths. Cash rebates vary from $1,000 to $4,000....
by Ken Zino | May 4, 2010
April new-vehicle retail sales tallied 982,000 units, or a seasonally adjusted annualized rate (SAAR) of just over 11 million units,” according to Autodata Corporation. This looked okay when compared with an admittedly bad April 2009, but the fact remains the auto...
by Ken Zino | May 3, 2010
American Honda Motor Company is recalling more than 167,000 Acura TSX cars for a defective power steering hose that can leak and possibly cause an engine fire. Honda told the National Highway Traffic Safety Adminstration that high under hood temperatures might cause...
by Ken Zino | May 3, 2010
General Motors Company is recalling more that 40,000 Corvette models that were made between March 2004 and January 2006 and equipped with a tilt and telescoping steering column. Movement of the steering column can damage a Delphi supplied wiring connector for the...
by Ken Zino | Apr 30, 2010
The House Committee on Energy and Commerce is interpreting a new General Accounting Office study of the “Cash for Clunkers” program as saying it met key goals of stimulating the economy and improving vehicle fuel economy. If only it were that simple. The press release...
by Ken Zino | Apr 22, 2010
April new-vehicle retail sales are expected to come in at 804,200 units, which represents a seasonally adjusted annualized rate (SAAR) of 9.8 million units, according to J.D. Power and Associates. – U.S. Sales and SAAR Comparisons, April 2010 April 2010 March...
by Ken Zino | Apr 22, 2010
The U.S. auto industry provides a substantial contribution to U.S. economic health, according to the latest study released this morning by the Sustainable Transportation and Communities group at the Center for Automotive Research (CAR). The non-profit research...
by Ken Zino | Apr 22, 2010
Sales of passenger vehicles in China  are expected to increase from 8.7 million units in 2009 to 13.55 million units in 2015. This increase in sales of passenger cars, SUVs and minivans of more than 55% does not include the sale of millions of light commercial...
by Ken Zino | Apr 21, 2010
Chinese-owned Volvo Cars is continuing its attempt to leave behind its staid safety image this weekend as the new Volvo C30 Polestar Performance Concept Prototype is revealed. Volvo Cars and Polestar are now enter their  fifteenth consecutive motorsport season in the...
by Ken Zino | Apr 21, 2010
In a ceremony at GM’s Fairfax, Kansas plant late this morning, Chairman and CEO Ed Whitacre said that GM has made its final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, paying back the cash part of its government loans in full, and...
by Ken Zino | Apr 21, 2010
Taxpayer owners in Canada and the U.S. of Chrysler Group received mixed news this morning as the reorganized company posted an operating profit of $143 million during the first three months of 2010, but also posted a large loss for 2009. Chrysler, managed by 20%-owner...
by Ken Zino | Apr 20, 2010
Toyota Motor Sales (TMS), U.S.A. today announced it would conduct a voluntary safety recall on approximately 9,400 2010-model year Lexus GX 460 sport utility vehicles in order to reprogram the software of the so-called Vehicle Stability Control (VSC) system....
