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The Latest News And Reviews
Throughout The Car Industry



Categories: Car News

Ford Recalls 20,000 Pickup Trucks and Crossovers

On: Mon, Jan 3, 2011 at 10:59AM | By: Sherry Christiansen


Ford Recalls 20,000 Pickup Trucks  and Crossovers test 1-1

At any given time in our country it’s a safe bet that there is an auto recall occuring. Most of these recalls are of the preventive kind. A problem is detected early on and a quick fix is orchestrated before serious damage can occur. On some level this is reassuring when you consider that auto manufacturers are constantly testing the performance of their models no matter how old they might be.

The latest vehicle recall involves the Ford heavy duty pickup trucks. The issue in this recall is a potential electrical short that could ignite a fire. Certainly, not a situation any driver wants to contend with.


German Luxury Cars In High Demand...But Not In Germany

On: Mon, Jan 3, 2011 at 10:55AM | By: Chris Weiss


German Luxury Cars In High Demand...But Not In Germany test 1-1

In the otherwise calm and bright time of year known both here and across the Atlantic as the Christmas season, German auto plants are pumping cars out faster than ever, thanks to an increased global demand for models from companies like Mercedes, BMW, and Audi. Growing markets in countries like the U.S., China, and Brazil have the big, German luxury carmakers working overtime this holiday season.


Gas Prices To Hit $5, Dealers Looking To Dump SUVs

On: Fri, Dec 31, 2010 at 3:33PM | By: Chris Weiss


Gas Prices To Hit $5, Dealers Looking To Dump SUVs test 1-1

We all know that SUVs are entirely impractical for much of the country. They're huge, inefficient, expensive to buy, more expensive to own, and not really that necessary for average driving. Yet people continue to buy them. According to Kelley Blue Book analyst Alec Gutierrez, SUV sales have dropped by only 1 percent since the spring of 2008—the last time that we experienced a major gas price hike.

One would think that with the high gas prices over the past few years, combined with a growing sense of collective, environmental responsibility, SUV sales would be tanking by the double digits by now. While that's not happening yet, new predictions that gas prices could soar as high as $5 per gallon within two years have consumers and dealers rethinking their SUV strategies.


Tesla Shares Fall After Trading Restriction Lifted

On: Fri, Dec 31, 2010 at 11:53AM | By: Sherry Christiansen


Tesla Shares Fall After Trading Restriction Lifted test 1-1

The electric car is trying desperately to make a comeback. In some small part, we can thank California-based Tesla Motors. They opened the first electric car manufacturing plant in California and have been rolling their “one at a time” hand-crafted electric roadster that boasts an impressive 0-60 mph in just 3.7. Who says electric cars can’t or don't have muscle?

The roadster has a shocking sticker price of $100,000. For many residents of 90210, it’s not that shocking and orders are backed up. Yet, all the positive reviews and company pride wasn’t enough to stop a tumble on recent release of held-back shares. The price took a 15% nose dive. Those in the know point to a six-month restriction, which prevented shareholders from dumping their stock on the market, as the reason for the slide. Once that restriction was lifted and the flood gates opened, the stock skidded. Once again, the laws of supply and demand were in full effect. Now folks are scratching their head, wondering if Tesla can actually compete with the big boys. It will all come down to the battery.


 

Fords Quick Lane Shops Are Quickly Expanding

On: Fri, Dec 31, 2010 at 10:52AM | By: Sherry Christiansen


Fords Quick Lane Shops Are Quickly Expanding test 1-1

When you find an auto mechanic that you can depend on, you’ll stick with him through every car purchase you make. In the world of dependable auto mechanics, the Ford Motor Company has come on like gangbusters with their nationwide network of Quick Lane quick-service shops. A look at the numbers for 2010 reveals that Quick Lane’s revenue jumped a whopping 25%. Knowing a good thing when they’ve got one, Ford intends to build on the success of Quick Lane by ramping up the store count and giving older Quick Lane shops a complete make-over.


Dealer Cash Propels End of Year Luxury Sales

On: Thu, Dec 30, 2010 at 4:39PM | By: Sherry Christiansen


Dealer Cash Propels End of Year Luxury Sales test 1-1

As 2010 comes to an end, luxury automakers such as Lexus, Mercedez-Benz, and BMW are involved in an unofficial race to sell the most vehicles. Automakers are providing large incentives to move as many vehicles as possible in the last days of the year. Although Lexus has been on top for the past decade, this month is different. BMW and Mercedes are running neck and neck for first place.

This month all three major luxury automakers are offering dealer cash and low interest financing, in addition to some great leasing options.


Chrysler Financials Seeks New Partnerships

On: Thu, Dec 30, 2010 at 4:36PM | By: Sherry Christiansen


Chrysler Financials Seeks New Partnerships test 1-1

Before any car owners can drive off the lot with their brand new model they will have to contend with three separate entities who want nothing more than to see that car sold. Those entities are the automaker, the automobile dealership, and the auto loan financial company. None of those three auto businesses could exist without the other. And when one link in that chain breaks down, everyone takes the hit. This is what happened when the Chrysler Group filed for Chapter 11 bankruptcy protection last year.


Consumer Confidence Falls In December

On: Thu, Dec 30, 2010 at 11:19AM | By: Sherry Christiansen


Consumer Confidence Falls In December  test 1-1

On any given day, somewhere in America, there are a bunch of bean counters in a cubicle pouring over data from all different sources. When they hit enter on their Excel spreadsheets, they come up with a whole new batch of numbers which they can’t wait to share with everyone else.

Their proclamations about things, such as consumer confidence, retail sales, and home values, have a ripple effect through our economy. A bad report from this bunch could send stock prices tumbling. When that happens, investors tighten their belts and spend less. Spending less means less demand for products which means less need for making stuff. With no stuff to make, folks lose their jobs. All of that from a couple of number forecasts. Of course, it works the other way as well. A fact US automakers are all too aware of.


2012 Porsche 911 To Get More Alterations Than Expected

On: Wed, Dec 29, 2010 at 5:38PM | By: Chris Weiss


2012 Porsche 911 To Get More Alterations Than Expected test 1-1

New reports indicate that the 2012 Porsche 911, which we're expecting to see for the first time at the Frankfurt Motor Show next fall, will get more significant updating than originally believed. The car is rumored to have a completely new set of dimensions in addition to smaller, more efficient engines. However, since it's a 911, it should look exactly the same.


Paris To Give SUVs Le Boot

On: Wed, Dec 29, 2010 at 5:10PM | By: Chris Weiss


Paris To Give SUVs Le Boot  test 1-1

Ever imagine a city highway/byway system free of large, overconfident, CO2-puking hunks of steel and fiberglass known as SUVs? Of course, we all have; it's only natural. Sure SUVs have their place on certain types of drives, but for too many years they've become the default vehicle of choice for soccer moms and Stepford wives.

Well, if you happen to be living in or visiting Paris, you may not have to fantasize any longer. The city plans to test restrictions on gas guzzling vehicles in the heart of downtown. Pretty soon, the Parisian architecture and skyline will no longer be obstructed by boxy, annoying refrigerators on wheels.


GM Stock Catching Up With Ford

On: Wed, Dec 29, 2010 at 4:43PM | By: Sherry Christiansen


 GM Stock Catching Up With Ford test 1-1

 On Wall Street, there’s an ongoing grudge match that has to do with stock prices. This is the GM versus Ford battle royale. Lately, Ford has had the playing field all to itself as it has rebounded with impressive sales figures over the last several quarters. Meanwhile, GM was benched on the sidelines while it was sorting out its bankruptcy mess. Now with their public offering up and running, GM stock is rising in value. Some analysts are now saying GM stock is a better bet than Ford stock. Go figure.