Projo Cars Blog

July 5, 2009 - July 11, 2009 Archives


GM's Lutz reverses decision to retire, gets global 'creative' post

9:51 AM Fri, Jul 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

The new face of GM: DETROIT -- Bob Lutz, the former General Motors product chief who had intended to retire at the end of this......

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With Sale of Its Good Assets, G.M. Tries for a Fresh Start

9:51 AM Fri, Jul 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Saying that business as usual was over at General Motors, the chief executive began a new era for the carmaker on Friday with a promise......

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GM Gets a Second Chance

2:06 PM Thu, Jul 09, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

For decades, General Motors has been lumbering and cumbersome, lagging every market trend from SUVs in the 1990s to hybrid cars today. But now it's......

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Pell Bridge tolls to increase

10:25 AM Thu, Jul 09, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

JAMESTOWN -- The state Turnpike and Bridge Authority voted 3 to 1 yesterday to move toward increasing the tolls on the Pell Bridge for the......

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Opponents of GM sale face noon deadline

10:18 AM Thu, Jul 09, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Opponents of General Motors' plan to sell the bulk of itself to a new government-controlled company face a noon deadline to file......

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Backseat Driver: Hey lady, overtake on the outside!

10:12 AM Thu, Jul 09, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

I guess I hadn't double checked my right hand mirror because as I moved from the outside lane to the middle one on I-95 recently,......

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Backseat Driver: At the mercy oil prices?

6:09 PM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Sound economic and business planning depends on lining up the invariables and making educated predictions on the variables. So when the price one of the......

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Check out this Renault ad

3:26 PM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Check out this attention-getting French ad for the Renault Megane L'Equipe: http://www.metacafe.com/watch/664622/funny_french_car_ad/......

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And Now, for Some Serious Belt-Tightening

nano.jpg 2:49 PM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Remember Ratan Tata's promise to develop the cheapest car in the world? Tata is chairman of the Tata Group and Tata Motors. Well, his......

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Are Diesels Better Than Hybrids?

1:33 PM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

My brother-in-law has alerted me to a piece which will hearten diesel fans - to a certain extent. Phil LeBeau, the NBC motoring reporter, writes......

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Oil prices tumble below $61 as gas supplies surge

1:06 PM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Oil prices sank below $61 per barrel Wednesday as the government reported unused gasoline held in storage surged yet again, according to......

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Hyundai Motor launches its first hybrid in South Korea

10:48 AM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

SEOUL - Hyundai on Wednesday launched its first hybrid car in the domestic market to satisfy a growing appetite for fuel-saving vehicles and to improve......

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Drunken tractor driver leads police on slow chase

10:48 AM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

This story from Reuters is too amusing to pass up! BERLIN - A drunk German sparked a slow-speed police chase after stealing a tractor to......

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Judge denies motion to fast-track GM sale appeal

10:48 AM Wed, Jul 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- The sale of most of General Motors' assets is moving closer to completion, after a bankruptcy judge denied motions by groups with......

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Appeals loom in GM plan to sell assets

10:23 AM Tue, Jul 07, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Groups representing plaintiffs in car accidents said Monday they would oppose General Motors' attempt to quickly exit bankruptcy protection, arguing that hundreds......

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Chrysler dealership owner fights closings

tarbox.jpg 8:06 AM Mon, Jul 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NORTH KINGSTOWN, R.I. -- A poster in Jim Tarbox's office at his North Kingstown Chrysler Jeep dealership declares: "Challenge: The harder the course, the......

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Swings in Oil Price Hobble Forecasting

8:06 AM Mon, Jul 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

The extreme volatility that has gripped oil markets for the last 18 months has shown no signs of slowing down, with oil prices more than......

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Oil falls to around $64 a barrel

8:06 AM Mon, Jul 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

LONDON - Oil fell to around $64 a barrel on Monday and touched a five-week low, pressured by doubts over the prospects for a global......

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Porsche denies report more bidders for VW package

8:06 AM Mon, Jul 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

FRANKFURT - Porsche on Monday denied a newspaper report which said five more potential bidders have emerged for a Porsche-owned derivatives package which controls around......

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Bankruptcy judge OKs GM sale plan

8:06 AM Mon, Jul 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing......

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