Eddie Griffin and the low-flying pelican have been all over the news for the past few days. Ever since Griffin drowned his Bugatti Veyron in a Texas lagoon after being startled by the bird. The pelican got away unscathed but the $2 million Bugatti died a slow death according to The Galveston County Daily News. […]
For the sixth months straight the Toyota Prius has been the #1 selling car in Japan. Like the U.S. Cash for Clunkers program, Japan has been offering tax breaks and government subsidies for the purchase of environmentally friendly vehicles. This increase in demand has boosted Toyota’s profits after three consecutive losing quarters. With numerous green […]
In a press release yesterday, Ford announced the 2011 Ford Explorer will be equipped with back seat belt-mounted air bags. According to Ford, they are the first carmaker to mass produce this safety feature. The inflatable belts are designed to protect children and the elderly who are at a higher risk for head and neck […]
Ford Motor Company has taken full advantage of it’s fumbling competitors over the summer, reporting a third quarter profit of $997 million according the New York Times. Ford’s profit gains were due in large part to its new Ford Taurus sedan which increased sales 141% over last year. What is it about the new Taurus […]
Looking at the American automotive industry in recent years, it’s hard to believe that we once lead the world in mass producing quality automobiles. After last year’s near collapse, American auto manufactures are struggling to regain a foothold and many plant workers are still left jobless. However change could be around the corner. This Tuesday […]
Despite the sunny outlook for Chrysler, at least 40 Chrysler, Jeep, and Dodge dealerships face foreclosure due to a continued conflict between Chrysler Financial and GMAC. According to the Detroit Free Press GMAC is expected to take over wholesale financing operations from Chrysler Financial. This transition could be the end for many dealerships across the […]