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Car Dealers Struggle To Stay Above Water Even as the spotlight has been trained on struggling Detroit automakers, many of the nation's 20,000 auto dealers are fighting their own battle for survival.
Faced with high fixed costs and few car buyers, dealers are cutting salaries, laying off wo ... read more>> |
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Car Sales Not As Horrid In March Automakers sold new vehicles at an annual rate of 9.86 million in March, Autodata reported Wednesday, much worse than a year ago, but up from February's 9.12 million annual pace. While more cars and trucks usually are sold in March than in February, ... read more>> |
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Gates Cuts Army Combat Vehicles Defense Secretary Robert Gates has submitted a budget that scraps Army plans for new combat vehicles after spending almost $14 billion in research and development costs because they won't adequately protect troops from roadside bombs.
Gates also rai ... read more>> |
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| New Repossed Cars articles this edition... |
GM Still Has Designs On Transformers When Transformers: Revenge of the Fallen opens June 24, some of the new robot heroes will take the shape of Chevrolet vehicles, part of a deal the struggling General Motors signed for the first film, released in 2007.
The arrangement required GM to ... read more>> |
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Incentives To Buy New Vehicles Please Auto Industry President Obama dangled new car incentives in front of consumers Monday, and they were immediately embraced by the auto industry, consumer experts and some potential car buyers.
The federal government will back the warranties for any General Motors ... read more>> |
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Lithium Battery Development Efforts Ramp Up The race to develop and mass produce a powerful, cost efficient lithium ion (Li-ion) battery for hybrid and electric vehicles is heating up. Two separate consortia of industry, research, and academic organizations have been established in the past th ... read more>> |
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New Muscle Car City Gets In Gear In Florida Engines will be revved Tuesday in Punta Gorda, Fla., as Rick Treworgy's Muscle Car City opens its doors. The museum will feature nearly 200 muscle cars think Chevelles, Camaros, Corvettes.
Museum owner and auto aficionado Treworgy owns 64 Chevy Corv ... read more>> |
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