Pent-up demand after a snowy February, steady improvement in the economy and rising incentives led by Toyota Motor Corp. boosted auto sales by 24.3 percent in March, their biggest gain since last summer. Toyota and Ford Motor Co. led the advance, but all the major players except Chrysler Group LLC posted double-digit gains from weak, [...]
// < ![CDATA[ // < ![CDATA[ /*< ![CDATA[*/var so = new SWFObject("http://minnesota.publicradio.org/www_publicradio/tools/media_player/s_player.swf", "minnesota_news_features_2010_03_30_usedcarshortage_20100330_64s_player", "319", "83", "8", "#ffffff");so.addParam("quality", "high");so.addParam("menu", "false");so.addParam("wmode", "transparent");so.addVariable("name", "minnesota/news/features/2010/03/30/usedcarshortage_20100330_64");so.write("minnesota_news_features_2010_03_30_usedcarshortage_20100330_64s_player");/**/ // ]]> Several factors are keeping used car prices high, but the big two, at least in my mind are (1) Cash-for-Clunkers which sent 700,000 used cars out of the market and into the [...]
Double-digit gains in sales for almost every car maker have signaled a turnaround is in the works. Here’s what the top auto executives have to say. USA Today: Lessons learned from auto recession
While other manufacturer’s are cutting back, laying off workers, closing down plants and filing bankruptcy, Volkswagen is expanding. VW wants to sell 800,000 cars by the year 2018. The new plant in Chatanooga Tennesee will build the next generation Passat, which will be larger than the current offering, with a price target starting under $20,000, [...]
Auto sales in the US could rise 20% in 2010 due to pent up demand and stronger credit markets, according to a respected automotive research group. Deliveries will climb to 12.4 million from 10.3 million in 2008, the Ann Arbor, Michigan-based Center for Automotive Research (CAR) said today. U.S. sales were 13.2 million last year, [...]
Q: Why would you buy a Prius? A: Fuel economy. Q: So why would you buy a Prius? The Jetta TDI beats Prius in Popular Mechanic’s testing, sets a Guiness world record for fuel efficiency, and has superior handling and performance (see video below). http://www.mnn.com/transportation/cars/blogs/new-guinness-fuel-economy-record-an-amazing-679-mpgin-a-jetta http://www.popularmechanics.com/automotive/new_cars/4284188.html
“Oil that is…Black Gold…Texas Tea”, and it’s right under our noses! In fact, it turns out that parts of Montana and North Dakota are practically floating on the stuff! I’m talking about the Bakken formation. If you’re like me you’ve never heard of this huge oil deposit, the largest ever found in North America…four times [...]
More evidence that Maine lawmakers have never met a tax they didn’t like: The legislature will consider an 11-cents-per-gallon increase in the gas tax to help fund road repair, after the transportation committee approved the proposal without Republican support. The committee voted 9-4 in favor of the bill, with four of the five Republican members voting against it, [...]
What’s wrong with less pollution and better fuel economy, you might ask? On the surface, nothing, but when the US economy and millions of American jobs are at stake, we need to look beyond the surface. 1. Who will pay for the research & development? The American consumer, of course. Or, we could see a shrinking giant that is the American [...]
digg_url = “http://leogibbons.com/blog/2009/04/13/police-report-rise-in-car-fires/”;digg_title = “Police report rise in car fires”;digg_bgcolor = “#FFFFFF”;digg_skin = “normal”;digg_url = undefined;digg_title = undefined;digg_bgcolor = undefined;digg_skin = undefined; Desperate times call for desperate measures, or so the saying goes. The problem with desperation is it clouds the thinking process. How else could you explain an otherwise normal, average, family guy torching [...]
Could this be a sign of things to come? Let’s hope not. A shortage of parts from a Canadian supplier has forced Chrysler LLC to stop production at its Ontario assembly plants in Windsor and Brampton until the situation can be resolved. Assembly of minivans in Windsor and the Chrysler 300, Dodge Charger and Challenger in [...]
If you spent a million dollars a day beginning at Jesus’ birth through today, you’d come up just shy of 800 billion. Incredibly, Chuck Schumer says you don’t care about Congress’ “porky” spending projects. Sad to say, for the most part, I think he may be right.
We’ve seen this one coming for a long time. It’s just a matter of time. The Bible predicts a one-world government in the end-times. How close are we? “A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member [...]
Is bankruptcy the next step for GM? If so, can Chrysler be far behind? Technorati Tags: GM,Chrysler,bailout 2nd UPDATE:GM Auditors Raise Doubt On Auto Maker’s Viability
