Projo Cars Blog

May 10, 2009 - May 16, 2009 Archives


GM terminating about 1,100 dealer franchises

12:22 PM Fri, May 15, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- General Motors is telling about 1,100 dealers their franchises will be terminated late next year, according to The Associated Press. GM's action......

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GM dealers expect word on plans to cut 1,100 shops

9:57 AM Fri, May 15, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- A day after Chrysler LLC told a quarter of its dealers that it won't renew their contracts, owners of General Motors Corp. dealerships......

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Chrysler seeks to close Tarbox Jeep

1:24 PM Thu, May 14, 2009 | | Comments (1)
By Peter C. T. Elsworth    Email

Chrysler included Tarbox Jeep of Tower Hill Road, North Kingstown, on its list of 789 dealers nationwide that it plans to close as part of......

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Backseat Driver: Cutting dealership has a price

11:41 AM Thu, May 14, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Chrysler submitted its list of 789 dealerships it plans to cut to the bankruptcy court in Manhattan Thursday and GM was expected to follow suit......

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Chrysler moves to eliminate 789 of 3,200 dealers

10:43 AM Thu, May 14, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Chrysler has told a bankruptcy court it plans to eliminate 789 of its dealers - or about 25 percent of them -......

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Backseat Driver: Buy GM - Not

10:21 AM Thu, May 14, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

I hope you did not buy stock in General Motors last summer when it was trading around $20 a share. Hey, maybe you fell for......

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Beach Boys Didn't Have a Deuce Coupe or a 409

7:54 AM Thu, May 14, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Brian Wilson of the Beach Boys recently performed at the Petersen Automotive Museum in Los Angeles for its 15th annual gala. The theme for the......

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Chinese imports could bring GM political troubles

7:54 AM Thu, May 14, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- As thousands of General Motors workers await word on more U.S. plant closures, reports that the company plans to import Chinese-made vehicles to......

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Balise Auto of Warwick opens Subaru showroom

1:06 PM Wed, May 13, 2009 | | Comments (5)
By Peter C. T. Elsworth    Email

Balise Auto of Warwick is opening its Subaru showroom Friday May 15. The move follows the opening of its new 114,000 square foot Toyota Scion......

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Auto suppliers lobby for federal support

1:06 PM Wed, May 13, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- Auto suppliers appealed to lawmakers Wednesday for federal support, warning that the U.S. supply base could buckle under from the declining fortunes of......

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Chrysler bankruptcy may take up to two years: report

9:44 AM Wed, May 13, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Chrysler bankruptcy might take as long as two years, not the two months President Barack Obama suggested as a target, according to an administration official......

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Toyota cuts annual production goal to 7-year low

9:44 AM Wed, May 13, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

TOKYO -- Toyota Motor said Wednesday it will cut vehicle production 28 percent this year to its lowest level in seven years, according to The......

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In German Suburb, Life Goes On Without Cars

12:52 PM Tue, May 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

VAUBAN, Germany -- Residents of this upscale community are suburban pioneers, going where few soccer moms or commuting executives have ever gone before: they have......

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GM shares fall to 76-year low after execs dump stock

12:52 PM Tue, May 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT - General Motors stock plunged more than 22 percent to a 76-year low on Tuesday, a day after a group of GM executives disclosed......

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GM CEO says tasks are large to avoid bankruptcy

9:50 AM Mon, May 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Bankruptcy protection for the nation's biggest automaker is becoming more probable with a deadline just over two weeks away, the company's top executive......

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Gasoline prices jump past $2

9:50 AM Mon, May 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

The average price of gasoline in the U.S. jumped 2.8 cents overnight to $2.169 for regular Friday, an enormous leap by recent standards, according to......

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Honda Insight first hybrid to top Japan auto sales

9:43 AM Mon, May 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

TOKYO -- Honda's Insight, billed as the cheapest gas-electric hybrid on the market, ranked as the top-selling vehicle in Japan for April - the first......

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