Gas prices fuel drop in car owner satisfaction
Drivers of new cars were less satisfied with their vehicles this year for the first time in at least five years due mainly to rising fuel prices, according to an … Read More
An Inside Look at Motorsports
Drivers of new cars were less satisfied with their vehicles this year for the first time in at least five years due mainly to rising fuel prices, according to an … Read More
"Cost-reduction efforts have been aggressive but have simply not been able to keep up with the pace of declining sales volumes," the firm said. Chrysler has announced plans to eliminate … Read More
A 24-year-old woman who was clocked speeding by Loop 101 photo enforcement cameras 22 times in less than two months was arrested and placed in jail. Jennifer Bitton, of Las … Read More
Volvo, the car brand, is cutting about 2,000 jobs globally to cope with the weak US dollar, soaring raw material prices, and a sharp downturn in its business in the … Read More
Rising corn prices from flooding, and rising construction prices, have caused the construction halt at the Wahoo, NE ethanol project and a bankruptcy filing by US companies controlled by Renova … Read More
General Motors Corp. plans to raise prices on 2009 models by an average of 3.5 percent despite a tough market that is forcing the automaker to cut production and discount … Read More
Ford Motor Co. has begun dismissing salaried workers as part of an effort to shed 15% of its salaried-related costs by Aug. 1 in the face of a toughening U.S. … Read More
Fiat SpA, Italy's largest carmaker, dropped to the lowest since September 2006 in Milan trading after Chief Executive Officer Sergio Marchionne forecast a “disastrous'' car market in Italy this month. … Read More
A reader writes, Dear AutoRacing1.com, I read with interest your article back in May on more use of Nuclear Power Plants and electric energy to power our cars of the … Read More
Consumer Reports isn't known for completely trashing cars in its reviews. In fact, the publication is more often criticized for going too easy on them and finding something to like … Read More
Billionaire investor Kirk Kerkorian's Tracinda Corp. bought another 40.8 million Ford Motor Co. shares to build his stake in the second-biggest U.S.- based automaker to 6.5 percent. The new shares … Read More
Floods in the Midwest have wiped out much of the USA's corn crop. Ethanol producers in the USA make the fuel from corn. With corn edging toward $8 per bushel … Read More
General Motors Corp. has indefinitely put off plans to re-engineer a next generation of full-size pickups and SUVs amid plummeting sales of large trucks, the automaker said Wednesday. Instead of … Read More
U.S. vehicle sales may plunge to their lowest in more than 15 years this month as soaring gasoline prices leave dealers with too many big trucks and a shortage of … Read More
After months of confident talk that Chrysler LLC anticipated the economic downturn better than other automakers, Chairman and Chief Executive Officer Bob Nardelli told employees Tuesday, in a memo obtained … Read More
General Motors Corp. may borrow $10 billion as early as next quarter because rising commodity costs and falling U.S. sales are crimping cash flow, an analyst at JPMorgan Chase & … Read More
UPDATE A reader writes, Dear AutoRacing1.com, I agree with you that many of the new hybrids will probably not be worth the money when compared to the overall savings in … Read More
Toyota Motor Corp., the world's second-largest automaker, unveiled its second cut in U.S. production of Tundra pickups in four months as record gasoline prices slash demand for large trucks. Tundra … Read More
Chrysler LLC is recalling 6,692 Dodge Journey crossovers for the 2009 model year because of defects in the engine wire harness that may damage electrical circuits, the automaker said Monday. … Read More
Sagging demand for large sport utility vehicles has forced Ford Motor Co. to close a Michigan factory for nine weeks starting next Monday. The Michigan Truck Plant in Wayne makes … Read More
The latest round of cost-cutting is under way at Ford Motor Co., which aims to slash 15% of its salaried-related costs by Aug. 1 in an effort to head off … Read More
Corvette ZR1 DETROIT – The official Corvette ZR1 numbers are in and they're good. Very good: $103,300 MSRP (including $850 destination charge) EPA-estimated fuel economy of 14 city and 20 … Read More
For the second time in seven days, Ford Motor Co. announced that it completed the sale of a closed assembly plant, but the Dearborn automaker remains in the early stages … Read More
Ford's gas guzzling large trucks and SUVs are leading to the company's demise. And why do Americans buy these big trucks that fuel demand and drive up gas prices? In … Read More
Chrysler LLC trimmed 196 dealers from its ranks nationwide in the past 12 months, while at the same time adding 70 "Genesis" stores, which sell all three of the automaker's … Read More