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October 25, 2009 - October 31, 2009 Archives
Retail gas prices highest in a year
Retail gasoline prices chugged higher Friday to a new peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel, according to The Associated Press. At the same time, natural gas prices also were moving...
October 30, 2009 1:23 pm
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GM extends vehicle refund program until January
DETROIT -- General Motors says its money-back guarantee is going so well, it will extend the program through December, according to The Associated Press. The automaker launched its "May the Best Car Win" campaign in September as a way get...
October 29, 2009 1:34 pm
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Jim Press's morality tale
Pride goes before a fall, they say, and the story of Jim Press is a case in point, according to Automotive News. The former Chrysler and Toyota executive is looking for a job and in hock for more than $1...
October 29, 2009 12:43 pm
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GM seen posting sales gain
DETROIT -- A top General Motors sales analyst says the automaker is likely to post its first year-over-year monthly sales gain in October, according to The Associated Press. Mike DiGiovanni says GM also should see its market share increase for...
October 28, 2009 12:34 pm
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Ford: China's Geely preferred bidder for Volvo
DETROIT -- Ford has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit, the U.S. automaker said Wednesday, according to The Associated Press. Ford said the selection signals that it...
October 28, 2009 10:51 am
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Ford rises, Chrysler falters in key quality survey
DETROIT - Ford has made the most progress in improving vehicle quality among major automakers, while Chrysler ranks at the bottom of the industry for reliability, according to an annual Consumer Reports survey released on Tuesday. Asian automakers dominated the...
October 27, 2009 3:15 pm
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Gas prices up for 2 straight weeks
Consumers for the first time this year are paying more on average for a gallon of gasoline than they did 12 months ago, according to data released Tuesday, according to The Associated Press. There is a good chance that this...
October 27, 2009 1:10 pm
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Fisker to build hybrid cars at idled Delaware GM plant
WILMINGTON, Del. -- Luxury automaker Fisker Automotive is buying a shuttered General Motors assembly plant in Delaware to produce plug-in hybrid electric cars, officials said Tuesday, according to The New York Times. The California-based company has signed a letter of...
October 27, 2009 1:10 pm
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Honda raises forecast, avoids loss for first half
TOKYO -- Japanese government incentives for green cars and strong sales in China helped Honda avoid red ink for the first half and raise its full year profit forecast. Japan's No. 2 automaker said Tuesday it now expects a net...
October 27, 2009 9:49 am
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