One of the highlights of Ford’s display at the 2009 Detroit auto show will be the debut of the 2010 Ford Mustang Shelby GT500 that has been blessed by 86-year-old Shelby himself.
Tags: Debut, Detroit, Detroit Auto Show, Ford, Ford Mustang, Ford Mustang Shelby, Ford Mustang Shelby Gt500, Ford Shelby, Mustang Gt500, Mustang Shelby, Mustang Shelby Gt500, Pony, Shelby GT500, Shelby GT500 One
General Motors on Wednesday received the first $4 billion in emergency loans that the federal government has promised the automaker. Both GM and Chrysler had been scheduled to receive on Monday, Dec. 29, $4 billion from a total of $17.
Tags: Automaker, Chrysler, Chrysler Motors, Emergency Loans, Federal Government, General Motors, Gm, USD
General Motors on Wednesday received the first $4 billion in emergency loans that the federal government has promised the automaker. Both GM and Chrysler had been scheduled to receive on Monday, Dec. 29, $4 billion from a total of $17.
Tags: Automaker, Chrysler, Chrysler Motors, Emergency Loans, Federal Government, General Motors, Gm, USD
Automakers may report December U.S. sales declines of more than one-third as the month’s annual sales rate reaches the lowest level this year — possibly below 10 million, analysts say. The auto information site Edmunds.
Tags: 10 Million, Auto Information, auto information site, Automakers, Lows, S Sales, Sales Declines
Amid financial challenges, Chrysler LLC has canceled its annual getaway to reward top-performing dealers.
Tags: Chrysler, Chrysler Dealers, Chrysler LLC, Financial Challenges, Getaway, Llc
The production version of the hybrid-powered Karma was pegged to be the centerpiece of the Fisker Automotive at the Detroit auto show. That was, until Tuesday evening.
Tags: Centerpiece, Detroit, Detroit Auto Show, Fisker, Karma, Tuesday Evening
GMAC, the General Motors financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap today designed to bolster its capital. The lender said holders of $21.
Tags: Dollar Debt, General Motors, Gmac, Infusion, Multibillion Dollar
U.S. truck and engine maker Navistar International Corp. posted a quarterly net loss on Tuesday, reflecting asset impairment charges, but results before one-time items were better than Wall Street expected.
Tags: Asset Impairment, engine maker, Impairment Charges, Navistar, Navistar International, Navistar International Corp, Q4 Results, United States, Wall Street
The Smart Car is manufactured by a subsidiary of Mercedes and runs on electric and gas power. The Smart Car videos demonstrate how the vehicle runs as well as crash tests.
Tags: Car Crash, Car Smart, Car Test, car videos, Commuter Car, Crash Test, Crash Tests, Electric Car, Ideal, Mercedes, Mz, Power Smart, Show Car, Small Car, Smart Car, smart car videos, Smart Test, Subsidiary, Watch Videos, Www Youtube
Moody’s Investors Service has downgraded MSX International Inc. ratings outlook to negative from stable, in large part because of its ties to the auto industry.
Tags: Auto Industry, Downgrades, International Ratings, Moody S Investors Service, Moody's, Moody's Investors Service, Msx International, MSX International Inc., Outlook, Stable, Ties
The U.S. Treasury Department late Monday said it will commit $6 billion of taxpayer money to GMAC LLC )x(“”,as part of a broader program to assist the domestic automotive industry in becoming financially viable.
Tags: Automotive Industry, Gm, Gmac, GMAC LLC, Llc, Taxpayer Money, Treasury Department, U S Treasury, U S Treasury Department, U.S. Treasury Department, USD
Hands-free parallel parking will be an option on the 2010 Lincoln MKS luxury sedan and the all-new Lincoln MKT crossover due in dealerships in mid-2009. Ford Motor Co.
Tags: Crossover, Ford, Ford Motor, Ford Motor Co., Hands Free, Lincoln, Lincoln Mks, Lincolns, Mkt, Parallel Parking
Hands-free parallel parking will be an option on the 2010 Lincoln MKS luxury sedan and the all-new Lincoln MKT crossover due in dealerships in mid-2009. Ford Motor Co.
Tags: Crossover, Ford, Ford Motor, Ford Motor Co., Hands Free, Lincoln, Lincoln Mks, Lincolns, Mkt, Parallel Parking
General Motors has received 10,000 advance orders for its new Camaro sports car, which offers 300 horsepower on a V-6 engine in the base model. But there may be a little glitch.
Tags: Advance Orders, Base Model, Camaro, General Motors, Glitch, Gm, Horsepower, New Camaro, New Car, Sports Car
Nissan’s shorter, wider and more powerful 370Z sports car comes with a slightly higher sticker price as it rolls out today for the 2009 model year.
Tags: Base Price, Nissan, Nissan 370z, Sports Car, Sticker Price, USD, wider and more powerful 370Z sports car
Just hours after GMAC LLC accepted a $6 billion government bailout package designed to enable more consumer car loans, General Motors announced new incentives. GM said today it is offering 0 percent financing through Monday, Jan.
Tags: 0 Financing, Bailout Package, Car Loans, Car Motors, Cash Incentives, Consumer Car, consumer car loans, Consumer Loans, General Motors, Gm, Gm Incentives, Gmac, GMAC LLC, USD
GMAC today said it will immediately begin providing auto financing for more U.S. consumers, a day after agreeing to sell a $5 billion stake to the government.
Tags: Auto Financing, Auto Lending, Consumers, Gmac Auto, Government Aid, Stake, United States, USD
The U.S. Treasury Department late today said it will commit $6 billion of taxpayer money to GMAC LLC )x(“”,as part of a broader program to assist the domestic automotive industry in becoming financially viable.
Tags: Automotive Industry, Gm, Gmac, Llc, Taxpayer Money, Treasury Department, U S Treasury, U S Treasury Department
The Honda Civic topped the list of most-researched new vehicles in 2008 on Kelley Blue Book’s Web site, the vehicle information company said today. Seven Toyota-brand models and six Hondas found a place in the top 20, which included 15 Asian models.
Tags: Asian Models, Brand Models, Honda, Honda Civic, Hondas, Information Company, Kelley Blue Book, Kelley Book, New Honda, New Vehicles, Toyota, Vehicle Information
The auto sector is expected to be the most financially troubled industry in the United States next year, taking the top spot from the homebuilding group, according to a survey of restructuring and bankruptcy professionals released today.
Tags: Auto Sector, Autos, Bankruptcy Professionals, Homebuilding, Restructuring, United States
General Motors, Chrysler LLC and the government today were making final arrangements to transfer the first installments of federal emergency loans to the automakers.
Tags: Automakers, Chrysler, Chrysler General Motors, Chrysler LLC, Chrysler Motors, Emergency Loans, Federal Emergency, First Installments, General Motors, Gm, Gm Motors, Llc, Readies, USD
Billionaire investor Kirk Kerkorian has sold off all of his remaining shares of Ford Motor Co , a spokeswoman for his investment firm, Tracinda Corp, said today.
Tags: Billionaire Investor Kirk Kerkorian, Ford, Ford Motor, Ford Motor Co., Investment Firm, Investor Kirk Kerkorian, Kerkorian's Tracinda, Kirk Kerkorian, Shares, Spokeswoman, Stake, Tracinda Corp
Here are industry’s biggest stories dating back to 1953, as judged annually by the staff of Automotive News.
Tags: Automotive News, Dating, Top Stories
Here are industry’s biggest stories dating back to 1953, as judged annually by the staff of Automotive News.
Tags: Automotive News, Dating, Top Stories