Projo Cars Blog

July 2008 Archives


Video: Tesla Roadster's touch-screen interface

10:52 AM Thu, Jul 31, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

You may have heard about the the 6,831 lithium ion batteries that power the all-electric Tesla Roadster. But what about the user interface from the......

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GM talks with Mahindra, others on Hummer: sources

10:36 AM Thu, Jul 31, 2008 | | Comments (1)
By Peter C. T. Elsworth    Email

NEW YORK - General Motors is in talks with Indian automaker Mahindra & Mahindra to sell its iconic Hummer brand, sources familiar with the matter......

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Rising Oil Prices Swell Profits at Exxon and Shell

10:31 AM Thu, Jul 31, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Exxon Mobil, the world's largest publicly traded oil company, reported on Thursday that second-quarter income rose 14 percent, to $11.68 billion, the highest-ever for an......

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Sour economy makes leasing an auto tougher, costlier

2:29 PM Wed, Jul 30, 2008 | | Comments (2)
By Peter C. T. Elsworth    Email

Leasing a new vehicle could get more expensive -- if you can get a lease at all. Automakers' financial arms are cutting back leasing programs.......

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Fitch downgrades Chrysler, outlook negative

2:29 PM Wed, Jul 30, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT, July 29 - Fitch Ratings downgraded Chrysler LLC's debt further into the junk category and warned that the struggling U.S. automaker could face difficulties......

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Oil jumps $4 after report says gas supplies fell

2:23 PM Wed, Jul 30, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices are surging, jumping more than $4 a barrel after the government reported that U.S. gasoline supplies fell unexpectedly last week,......

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AP Source: GM to cut US, Canadian salaried workers

2:19 PM Wed, Jul 30, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- A General Motors official says the automaker plans to cut 15 percent of its U.S. and Canadian salaried work force - or around......

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Lewis Hamilton Just Wants to Go Fast

hamilton.jpg 11:19 AM Tue, Jul 29, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Lewis Hamilton Check out this long and very interesting profile of Brit Formula One racer Lewis Hamilton by The New York Times fashion critic......

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A $120,000 Motorcycle for Moguls

600-MV-Agusta-F4CC.jpg 11:12 AM Tue, Jul 29, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The $120,000 MV Agusta F4CC WHAT makes a motorcycle -- not some rare collectible, but a new, limited-production model -- worth $120,000, asks Norman......

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Car stereo sales hit a distressing low note

11:04 AM Tue, Jul 29, 2008 | | Comments (1)
By Peter C. T. Elsworth    Email

IRVING, Texas -- The iPod generation is taking some of the thump-thump out of car audio sales, according to USA Today. While younger owners add......

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GM cuts truck and SUV production, eliminates 1,760 jobs

11:01 AM Tue, Jul 29, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- General Motors said Monday it will cut shifts at plants in Ohio and Louisiana, eliminating 1,760 jobs, as part of the automaker's......

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'Blood oil' dripping from Nigeria

10:47 AM Tue, Jul 29, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Oil company employees are suspected of selling their skills to oil bunkerers Under cover of night dozens of barges queue up to dock at a......

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Chrysler financial arm to stop leasing vehicles

11:14 AM Mon, Jul 28, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

This is last Friday's news, but still interesing: DETROIT - Chrysler LLC said its financing arm would stop offering vehicle leases to U.S. consumers, a......

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Bob Tasca III stays 11th following first-round exit at Infineon

10:29 AM Mon, Jul 28, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

SONOMA, Calif. - Bob Tasca III's run to 1,000 feet during the first round of eliminations on Sunday at Infineon Raceway, was his best of......

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Toyota lowers 2008 global sales target

9:56 AM Mon, Jul 28, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

TOKYO -- Toyota lowered its global vehicle sales plan for this year to 9.5 million vehicles - down from 9.85 million - as the sluggish......

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Backseat Driver: Honda, European auto makers in the black

1:49 PM Fri, Jul 25, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

As if to underline the extent to which the U.S. auto industry has dug its own grave with its recent focus on profitable light trucks......

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Backseat Driver: Honda, European auto makers in the black

1:49 PM Fri, Jul 25, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

As if to underline the extent to which the U.S. auto industry has dug its own grave with its recent focus on profitable light trucks......

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Backseat Driver: Big Three struggle to adapt to new world order

1:16 PM Thu, Jul 24, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

There is something sad about the juxtaposition of Ford's current travails - it just reported a loss of $8.7 billion in the second quarter -......

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U.S. will see electric Minis in 2009

mini.jpg 4:11 PM Wed, Jul 23, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Mini Cooper The U.S. car market may be moving toward Mini's kind of small, fashionable and fuel-efficient vehicles, and the British brand will be......

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Oil drops below $125 for 1st time in over 6 weeks

4:01 PM Wed, Jul 23, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that......

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Toyota outsells GM worldwide in first half

4:01 PM Wed, Jul 23, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors, pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota in the first half of......

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Toyota outsells GM worldwide in first half

4:01 PM Wed, Jul 23, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors, pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota in the first half of......

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Ford to Make Broader Bet on Small Cars

10:04 AM Tue, Jul 22, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DEARBORN, Mich. -- The Ford Motor Company, which devoted itself for nearly 20 years to putting millions of Americans into big pickup trucks and sport-utility......

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GM eyes electric car future, joins with power companies

9:27 AM Tue, Jul 22, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

SAN JOSE, Calif. -- General Motors has joined with more than 30 utility companies across the U.S. to help work out electricity issues that will......

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Deadly Tolls: Sick truckers causing fatal wrecks

10:34 AM Mon, Jul 21, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- Hundreds of thousands of tractor-trailer and bus drivers in the United States carry commercial driver's licenses despite also qualifying for full federal disability......

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Bob Tasca III retains 11th spot despite disappointing weekend

10:26 AM Mon, Jul 21, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

KENT, Wash. - Bob Tasca III's time in Sunday's first round at Pacific Raceways, was one of the best of the session. Unfortunately, Mike Neff......

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Oil markets looking for signs of bubble burst

3:30 PM Fri, Jul 18, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Prices at the pump pulled back from record highs Friday as another slide in oil capped crude's biggest one-week drop in more......

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Backseat Driver: Chrysler continues to struggle on wrong side of history

12:16 PM Fri, Jul 18, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Jim Hagan of the soon-to-be Bald Hill Chrysler-Dodge-Kia dealership on Route 2 in Warwick is bullish on Chrysler, and hopefully he is right. But for......

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Downsizing: Switching to a smaller car can increase your insurance bill

12:16 PM Fri, Jul 18, 2008 | | Comments (1)
By Peter C. T. Elsworth    Email

Americans are looking to smaller cars for savings on spiraling gas prices and for lower emissions, but will car insurance savings follow, too? There are......

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Oil tumbles below $130; natural gas falls sharply

4:06 PM Thu, Jul 17, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices fell below $130 a barrel for the first time in more than a month Thursday, as a dramatic slide entered......

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Backseat Driver: Bald Hill Dodge Chrysler Subaru dropping Subaru for Kia

12:22 PM Thu, Jul 17, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Bald Hill Dodge Chrysler Subaru is ending its 30-year run with Subaru and replacing it with a Kia franchise. "We've been working on it for......

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GM cutting back on NASCAR spending

12:22 PM Thu, Jul 17, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Troubled General Motors has notified two racetracks that run NASCAR events that their current contracts will not be renewed as part of an overall $10......

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Auto collector Jay Leno gears up for life after 'Tonight'

leno.jpg 12:02 PM Thu, Jul 17, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Jay Leno with a 1925 Ford Model T Roadster from his extensive collection of vehicles. BURBANK, Calif. -- Contrary to common knowledge, Jay Leno......

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Backseat Driver: Oil price increases pale compared to 1973-1974

2:48 PM Tue, Jul 15, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Do you think oil prices have gotten out of line? Let me tell you, the 50 percent increase in the price that we have seen......

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Backseat Driver: Oil price increases pale compared to 1973-1974

2:48 PM Tue, Jul 15, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Do you think oil prices have gotten out of line? Let me tell you, the 50 percent increase in the price that we have seen......

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Oil prices plummet $7 on spreading economic fears

2:48 PM Tue, Jul 15, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices plunged Tuesday as worries about the nation's economic health shot to the fore and OPEC warned that high pump prices......

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Check out Micro Mini Car Day at Larz Anderson

1:33 PM Tue, Jul 15, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Check out Kate Imbrie's blog on the recent Micro Mini Car Day at the Larz Anderson Auto Museum in Brookline, Mass. It's part of a......

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GM to cut salaried workers, production

9:47 AM Tue, Jul 15, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors will cut salaried jobs, executive salaries, salaried retiree health care and 150,000 additional units of truck production, the company announced this morning in......

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First round exit in Denver puts Bob Tasca III in 11th place

9:56 AM Mon, Jul 14, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

MORRISON, Colo. - It just wasn't Bob Tasca III's weekend at Bandimere Speedway in Colorado. After the rookie driver bounced back to earn a top-half......

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Study: As gas prices go up, auto deaths drop

9:51 AM Mon, Jul 14, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Study: As gas prices go up, auto deaths drop WASHINGTON -- High gas prices could turn out to be a lifesaver for some drivers. The......

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Backseat Driver: At last, Volvo seen testing diesel in U.S.

11:47 AM Fri, Jul 11, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Autofiends.com has posted photos of a Volvo XC60 crossover that is apparently a diesel on a test drive in the Los Angeles area. The Swedish......

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Backseat Driver: Oil prices close in on $150 a barrel

10:32 AM Fri, Jul 11, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Who was it predicting oil prices at $150 a barrel by July 4th? We may have missed that deadline, but no matter. With oil touching......

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Oil prices rebounds as Iran tensions flare

3:53 PM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices rebounded by more than $5 a barrel Thursday, as another missile launch by Iran stoked worries that escalating political tensions......

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General Motors scoring well in Europe

9:38 AM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Take good news where you can get it. There have been pretty slim pickings for GM to crow about in recent months in the home......

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Siphoning G.M.'s Future

9:24 AM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Check out this fascinating take on what ails General Motors - and Chrysler and Ford - from the Op-Ed pages of The New York Times:......

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Texas oilman T. Boone Pickens wants to supplant oil with wind

9:19 AM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

SWEETWATER, Texas -- Get ready, America, T. Boone Pickens is coming to your living room, accoring to USA Today. The legendary Texas oilman, corporate raider,......

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Toyota said to plan US manufacturing changes

9:13 AM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Toyota Motor Corp. is planning significant changes to its U.S. manufacturing plants because of the rapid market shift away from trucks and sport......

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Bob Tasca III readies for Western Swing

9:08 AM Thu, Jul 10, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

MORRISON, Colo. - Bob Tasca III and the Motorcraft/Quick Lane/Custom Accessories Shelby Mustang team's season kicks into high gear this weekend as they head to......

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Designing Cars for Low-Carbon Chic

citroen.jpg 1:22 PM Wed, Jul 09, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

A worker prepared a Citroen C-Cactus prototype car at the 62nd International Motor Show last year in Frankfurt, Germany. PARIS -- As governments seek......

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California Moves to Curb Bad Habits of Motorists

calif.jpg 11:39 AM Tue, Jul 08, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Long commutes and a passion for the auto have long combined to make the California car a second home. But that way of life......

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Canada's Irving Oil pumps up R.I. presence

Irving.jpg 11:24 AM Tue, Jul 08, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

The Finest Car Wash on Pleasant Valley Parkway in Providence now carries the Irving sign. The business has a seven-year contract with the Canadian......

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Rhode Island Weekly Fuel Gauge

11:20 AM Tue, Jul 08, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

A new fuel tracker that monitors the prices of gasoline, diesel fuel and home heating oil based on data compiled by the Rhode Island Office......

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Gas stations offer discounts for cash instead of credit cards

11:08 AM Tue, Jul 08, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

This year, as gas prices surged, Richard Bell mounted a sign in the station he owns: "Attention gas cash customers: FREE 16 oz. fountain drink......

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GM, Ford report strong China sales

11:01 AM Tue, Jul 08, 2008 | | Comments (1)
By Peter C. T. Elsworth    Email

BEIJING -- General Motors and Ford reported first-half sales grew strongly in China's booming auto market Tuesday, a rare bright spot for global automakers, according......

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Oil down more than $8 in 2 days

10:56 AM Tue, Jul 08, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

VIENNA, Austria -- The price for a barrel of oil fell nearly $5 Tuesday, a two-day swing of more than $8 as traders took profits......

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