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Throughout The Car Industry



Categories: Car News

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.


UAW Plans To Ramp Up Transplant Membership Drive

On: Wed, Dec 29, 2010 at 12:27PM | By: Sherry Christiansen


UAW Plans To Ramp Up Transplant Membership Drive test 1-1

In the world of auto manufacturing there are two types of people: pro-union or non-union. There are pluses and minuses on both sides of the union issue, but the fact remains that the United Auto Workers union is a dominant force in the car industry.

The survival of any union depends on a robust membership. Right now, the UAW rosters stand at around 400,000 active members and nearly 900,000 retired members. Most of these folks are based in the Midwest around Detroit or living the good life in sunnier climates. A little upside down, yes? Much like Social Security? As anyone in the auto industry will tell you, most of the auto manufacturing is now concentrated in southern right-to-work bastions where Toyota, Honda, Nissan, Hyundai, Kia, BMW, Mercedes, and Volkswagen have set up operation. Those plants will be the focus of a new organizing drive spearheaded by current UAW President Bob King.


Ferrari To Bring Hybrid 612 HY-KERS To Geneva

On: Wed, Dec 29, 2010 at 12:27PM | By: Chris Weiss


Ferrari To Bring  Hybrid 612 HY-KERS To Geneva test 1-1

Ferrari boss Luca de Montezemolo  told the media last week that Maranello is readying a new car for the 2011 Geneva Motor Show, which gets underway in March. The ever-speculative auto media suggests that this new model is likely the 2012 612 Scaglietti. Further, the Montezemolo's statement suggests that instead of a traditional gas powertrain, the newest member of the Ferrari family may very well be updated with a HY-KERS system similar if not identical to the one shown on the 599 GTB at last year's Geneva show.


Chrysler Dealer Arbitration Returns to Court

On: Wed, Dec 29, 2010 at 10:45AM | By: Sherry Christiansen


Chrysler Dealer Arbitration Returns to Court test 1-1

In the auto dealership world, there are strict regulations when it comes to having like-branded dealerships competing with each other in the same geographic zone. This issue is causing a lot of headaches for former Chrysler dealerships as they try to get back into business with the automaker.


 

Ford Hybrids to Get the Start-Stop Treatment

On: Wed, Dec 29, 2010 at 10:42AM | By: Sherry Christiansen


2011 Ford C-Max test 2

Many companies are notorious for trying out new products in limited release. American auto companies use this practice when it comes to releasing new innovations for their cars. Often, these test runs will occur in places overseas, keeping the newest technological and engineering advances clandestine before they reach North America. Such is the case with the Ford Motor Company’s fuel-saving start-stop system. This type of hybrid engine is already being used on several Ford models sold all over Europe. Now Ford is ready to incorporate start-stop in a line of 2012 cars and light trucks utilizing four-cylinder engines.


GM's Historic Willow Run Plant Closes After 68 Years

On: Tue, Dec 28, 2010 at 2:00PM | By: Sherry Christiansen


GM's Historic Willow Run Plant Closes After 68 Years  test 1-1

Despite our best efforts, nothing lasts forever. That is true of so many things in our lives. It’s also true of business. When our nation’s economy takes a dive, companies are forced to reorganize to stay in business. Many workers are caught in the wake of this restructuring. Such is the case with the GM Willow Run manufacturing plant based in southeast Michigan. After 68 years of building, the plant closed its doors on December 23rd.


Maybach and Aston Martin to Team on Cars/Engines

On: Tue, Dec 28, 2010 at 1:56PM | By: Chris Weiss


Maybach and Aston Martin to Team on Cars/Engines test 1-1

Audi and Bentley, meet Aston Martin and Maybach. According to a report originating in Financial Times, Aston Martin and Maybach may very well be the next high-powered, high-end car companies to team up on vehicles. More accurately, the partnership would be a broader team-up between Aston Martin and Daimler.


Mo' Money, Mo' Problems: Fisker Ups The Price of the Karma by $8K

On: Tue, Dec 28, 2010 at 1:41PM | By: Chris Weiss


Mo' Money, Mo' Problems: Fisker Ups The Price of the Karma by $8K test 1-1

Here we thought that Fisker was finally over all the adversity and obstacles and ready for Karma launch, and now word of a significant price increase. The price of the Fisker Karma has long been set at $87,900. But now, as the Karma is getting closer and closer to finally launching, Fisker has raised the price by nearly 10 percent. Fisker buyers will now have to fork over an additional $8 grand for their car.


Ford Takes Strong Hold of Number 2 Over Toyota in 2010

On: Tue, Dec 28, 2010 at 1:41PM | By: Sherry Christiansen


Ford Takes Strong Hold of Number 2 Over Toyota in 2010  test 1-1

The U.S. auto industry is expecting auto sales numbers to reach 12 million units for its 2010 annual rate, and is projecting up to 13 million in 2011. December would be the thrid month in a row that the U.S. industry reports a seasonal adjusted annual rate of 12 million or higher, which exceeds the last two years.

Analysts at IHS Automotive project that 2010 sales may total 11.5 million units including cars and light trucks, sales are up from 10.4 million last year. Domestic sales reached 16.8 million from 2000 to 2007. Ford Motor Company sales have risen through the first 11 months of 2010, climbing more than 300,000 units to 1,741,343.


Hyundai Will Introduce the Veloster in Detroit

On: Mon, Dec 27, 2010 at 8:05PM | By: Chris Weiss


Hyundai Will Introduce the Veloster in Detroit test 1-1

Hyundai confirmed this week that it will be introducing the all-new Veloster at the 2011 North American International Auto Show next month in Detroit. Hyundai's answer to Honda's recently launched CR-Z will debut on the first media day of the show, January 10. So if you're in the market for a hatchback that's sporty but underpowered, you'll soon have one more option.


Nissan Reveals Tokyo-Bound Leaf Aero Style Concept

On: Mon, Dec 27, 2010 at 4:51PM | By: Chris Weiss


Nissan Reveals Tokyo-Bound Leaf Aero Style Concept test 1-1

Nissan had a strong presence at the 2010 LA Auto Show, with debuts like the Murano CrossCabriolet. The Japanese automaker won't be attending the next big auto show—the 2011 North American International Auto Show (Detroit—but plans to make another big splash at the 2011 Tokyo Auto Salon in mid-January. It announced that it will show nine kitted-out models in Tokyo, including a restyled Leaf that it calls the Leaf Aero Style. The concepts will be presented in conjunction with AUTECH Japan and Nissan Motorsports International Co. Ltd.