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Chrysler reveals new details about fuel efficiency effports

The Chrysler Group unveiled more details Thursday about its new engine, transmission and axle programs that aim to improve fuel efficiency, a key component to the company's plan to regain profitability, according to the Detroit Free Press.

More than four months into Chrysler's turnaround plan, several key pieces have been falling into place -- even as the sale of Chrysler to Cerberus Capital Management has deflected attention from what's occurring at the Auburn Hills headquarters.

Posted by   at 10:47 AM to Chrysler | Permalink | Comments 0

GM: Tiger Woods will market OnStar, more

Tiger Woods will no longer be the primary pitchman for Buick because General Motors wants a broader role for the golf great, according to USA Today.

Mark LaNeve, GM's vice president of North American sales, service and marketing, said GM will use Woods in corporate level marketing and in particular, with its OnStar marketing campaign.

Posted by   at 10:44 AM to GM | Permalink | Comments 0

Senate Adopts an Energy Bill Raising Mileage for Cars

The Senate passed a broad energy bill late Thursday that would, among other things, require the first big increase in fuel mileage requirements for passenger cars in more than two decades, according to the New York Times.
The vote, 65 to 27, was a major defeat for car manufacturers, which had fought for a much smaller increase in fuel economy standards and is expected to keep fighting as the House takes up the issue.

But Senate Democrats also fell short of their own goals. In a victory for the oil industry, Republican lawmakers successfully blocked a crucial component of the Democratic plan that would have raised taxes on oil companies by about $32 billion and used the money on tax breaks for wind power, solar power, ethanol and other renewable fuels.

Posted by   at 10:28 AM to Fuel economy | Permalink | Comments 1