| Stimulus Plan Would Benefit Auto Industry - Ford Executive |
Feb 5th, 2009 |
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, Ford president for the Americas, said Wednesday. "The headline number was the drop in sales," Fields told reporters at the company's headquarters. Ford sales dropped 40% last month after an 80% plu...
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| Plan may give owners $10,000 for old cars |
Feb 5th, 2009 |
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Old-vehicle owners could get up to $10,000 toward buying a new car or truck under a plan introduced by Michigan Sen. Debbie Stabenow on Wednesday, a version of the "cash-for-clunkers" idea geared towa...
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| How much auto executives are paid |
Feb 5th, 2009 |
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Rick Wagoner, chairman and chief executive: $2.2 million in 2008, $1 in 2009Fritz Henderson, president: $1.8 million in 2008, 30% cut for 2009Bob Lutz, vice chairman: $1.75 million in 2008, 20% cut fo...
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| Mitsubishi Heavy Apr-Dec Group Net Profit Y27.9 Billion Vs Y54.2 Billion |
Feb 5th, 2009 |
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(7011.TO) Thursday issued a warning for its profit outlook for this fiscal year, signaling that the global economic slowdown and the yen's surge has cut into its bottom line.
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| Honda To Roll Out New Hybrid Insight To Beat Toyota |
Feb 5th, 2009 |
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(7267.TO) said Thursday that it will launch the new version of its Insight hybrid car with the aim of challenging the market domination of Toyota Motor Corp.'s Prius.
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| Edelbrock releases new catalog |
Feb 5th, 2009 |
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The Edelbrock Corporation, known for its world-class, American Made performance parts, has released its 2009 edition Edelbrock Automotive Performance catalog. "This 2009 Edelbrock Performance cat...
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| Porsche Cayenne Diesel on show at MIMS |
Feb 5th, 2009 |
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The Cayenne Diesel has been introduced in response to strong local inquiry, and will share the Porsche stand with the second generation Cayman and Boxster.
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| Automakers spending more to sell cars |
Feb 5th, 2009 |
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Edmunds.com estimates that the average automotive manufacturer incentive in the U.S. was $2,714 per vehicle sold in January 2009, down $148, or 5.2 percent, from December 2008, and up $301, or a drama...
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| Automotive Hall of Fame honors industry leaders |
Feb 5th, 2009 |
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, president of Gale Banks Engineering, who has contributed 50 years to the improvement of internal combustion technology and the development of modern motor vehicle engines, was recently awarded the A...
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| AMG sets record sales for 2008, stop-start by 2012 |
Feb 5th, 2009 |
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Proving that the rich are only getting richer, AMG has announced that 2008 marked the best sales year in the brand’s history despite extremely difficult market conditions.
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