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Chrysler said Friday it is preparing to reveal some of its plans to its dealers next week, and one dealer said they will get a look at the next-generation electric vehicles the automaker is developing. ...more
September 20, 2008
Here's a fantasy for Detroit: Keep the factories that make all those monstrous, once-wonderfully profitable sport utility vehicles open and running. Then forget about packing up those SUVs and shipping them to U.S. auto dealers, where the few customers to be found spend more time comparing gas-mileage ratings than towing power. ...more
September 4, 2008
General Motors Corp. said Wednesday that it is extending its employee-pricing discount through the end of the month, saying the program's two-week run has been highly successful. ...more
September 4, 2008
In a normal year, the 2009 Chevrolet Cobalt wouldn't be any different than the 2008 model, save for a few minor cosmetic changes. But this is far from a normal year. ...more
August 26, 2008
The market for sport utility vehicles is starting to look a lot like the housing market, spreading pain to consumers, automakers and dealers. ...more
August 17, 2008
Is auto leasing really dead? Oh, I so hope so. ...more
August 17, 2008
Even with high gasoline prices, U.S. consumers still want high-quality vehicles that haul a lot of people and perform well, and that is forcing automakers to make radical changes in the way they manufacture vehicles, panelists at an industry conference said Monday. ...more
August 12, 2008
Used-vehicle retailer CarMax said Wednesday that it is reducing staffing levels and will temporarily slow its store growth after seeing a sharp drop in car and truck sales because of high gas prices. ...more
August 7, 2008
After running Chrysler for a year, Cerberus Capital Management must be wondering if its mascot, the three-headed dog that guards the gates of hell, is protecting it from the underworld or leading it into the flames. ...more
August 6, 2008
General Motors, Ford, Toyota and other automakers said Friday that their U.S. sales fell by double-digits in July as they struggled to keep up with consumers' growing demand for smaller, more fuel-efficient vehicles. ...more
August 2, 2008
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