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Germany pays consumers to junk old cars  Feb 5th, 2009 
Crush your wreck, get a cheque. The German government is paying people who junk old cars a bonus equivalent to almost $4,000 toward a new, environmentally cleaner vehicle, as part of its $106-billion... 
 
 
Reva to launch new electric car, set up plant  Feb 5th, 2009 
NEW DELHI: Electric car maker Reva Electric Car Co on Thursday announced that it will launch a new model powered by advanced battery technology this year and also set up its second manufacturing pl... 
 
 
Ford announcement of job cuts and pay review angers British workers  Feb 5th, 2009 
London - Car giant Ford said Thursday it would cut up to 850 jobs at British plants by May and review this year's pay deal because of the "serious economic situation."The announcement brought an angry... 
 
 
Car Gadgets a Juicy Choice for Thieves  Feb 5th, 2009 
 As personal navigation devices and MP3 players continue to grow in popularity among car owners, it should come as no surprise that they are also growing in popularity among thieves. According ... 
 
 
Pentagon Federal Credit Union Offers New & Used Auto Loans at 3.99% APR  Feb 5th, 2009 
refinance an existing loan can get an outstanding rate with Pentagon Federal Credit Union -- just 3.99% APR! On January 29, 2009, Informa Research Services reported a national average 
 
 
Toyota shuts down all but one assembly line  Feb 5th, 2009 
TOYOTA CITY, Japan (CNN) -- On what was to be a historic day halting all of Toyota's Japanese assembly lines, the automaker announced late Thursday that it kept one line running.The late news sent cop... 
 
 
Ford cuts 850 jobs as new car sales fall by 30%  Feb 5th, 2009 
MOTORING giant Ford is to axe up to 850 jobs in the UK on the day it was announced that new car sales had slumped by more than 30% last month compared with January 2008. 
 
 
Ashok Leyland, Nissan revisit business plan for JVs  Feb 5th, 2009 
NEW DELHI: Hinduja flagship company Ashok Leyland and Japan's Nissan are reviewing business plans for their three joint ventures that envisaged an investment of Rs 2,300 crore for manufacturing of ... 
 
 
Survey reveals that auto accident deaths drop in 40 states in 2008  Feb 5th, 2009 
Feb. 4, 2009 WASHINGTON - Automobile fatalities declined in 40 states in 2008, according to a survey of state highway safety agencies. It's seen as an early sign that traffic deaths in the U.S. c... 
 
 
Honda starts selling cheap hybrid Insight  Feb 5th, 2009 
Honda introduced Thursday the cheapest hybrid on market, starting at 1.89 million yen ($21,000) in Japan and under $20,000 in the U.S., hoping to turn around sluggish sales battered by the global down... 
 
 
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