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Monthly Archives: August 2011
Audi to Launch Four New S-Models for 2012
Volkswagen AG’s Audi premium car division will unveil four new S model all-wheel-drive autos at the Frankfurt motor show next month. The new models will feature the latest 4.0-liter, dual turbine V-8 direction engine Audi developed through its partnership with … Continue reading
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New Report – Lenders Underwriting More Subprime Auto Loans
According to a new report, buying a new or used vehicle has become easier for consumers with weaker credit scores as lending institutions across the U.S. have begun making more subprime auto loans. Industry researcher Experian Automotive reports that the … Continue reading
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BYD’s Profits Plummeted During First Half of Year
Build Your Dream Automobile Company, Ltd. (BYD) has reported that first half profits fell by an astounding 89 percent year-to-year due to lower sales, higher labor and raw materials costs and tougher competition. On Friday, the Chinese auto and battery … Continue reading
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Save Time and Money When Shopping for a New or Used Vehicle
Whether you’re looking to take advantage of year-end inventory clearance sales or upgrade to a new 2012 model, doing your homework before visiting the auto lot can make your new vehicle purchase much easier. Having all the necessary documentation with … Continue reading
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GM Announces Formal Partnership with Battery Maker LG to Develop New Electric Vehicles
General Motors Company announced today that it has signed an agreement with Korean battery maker LG Group to collaborate on the development of new electric vehicles. In a statement released today, the automaker confirmed that agreement was signed by on … Continue reading
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Toyota to Launch 20 New, Refreshed Models in U.S. by 2013
In an attempt to reboot its tarnished image and slipping sales, Toyota Motor Corporation unveiled its 2012 Camry on Tuesday. The gala event took was held on a New York City-themed Paramount Studios backlot, complete with more than 200 actors, … Continue reading
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“Oil ShockWave” Event Demonstrates Need for U.S. Energy Policy
Last month in Washington D.C., Securing America’s Future Energy (SAFE) held a full-fledged war-game simulating a dramatic and sudden rise in oil prices and the accompanying political instability. Although SAFE is not widely known outside the beltway, the lobbying group … Continue reading
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Saab Reportedly Poised to “Relaunch”
According to the Saab North America president and COO Tim Colbeck, the automaker’s parent company, Swedish Automobile, is involved in “real and substantive” negotiations with potential investors. Last week, a Swedish business publication reported that the cash-strapped company was on … Continue reading
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BMW Extends Teamsters Union at California Parts Warehouse
On Thursday, German Automaker BMW AG announced that it had reached an agreement with the Teamsters union at one of its Ontario, California parts warehouses. The Teamsters union says the new contract extension prevented the layoff of about 100 workers. … Continue reading
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Nissan Looks to Increase Japan Manufacturing and Sales
Nissan Motor Company said today that it will focus on increasing sales in its home market and reduce exports to offset the impact of the strengthening Yen. The fall of the U.S. dollar to near record lows has taken a … Continue reading
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