Projo Cars Blog

April 2010 Archives


GM's Whitacre cites early payback of loan

9:50 AM Thu, Apr 29, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors CEO Ed Whitacre appeared in an ad on TV recently to announce GM had "repaid our government loan, in full, with interest, five......

social bookmarking


GM to invest $890 million in engines

5:41 PM Wed, Apr 28, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors will invest $890 million at five factories to make its V-8 engines more fuel efficient, preserving or creating roughly 1,600 jobs, according to......

social bookmarking


April Sales to Drop - Edmunds.com

5:14 PM Wed, Apr 28, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

After a brisk March buoyed by incentives -- notably those from Toyota -- it will be April showers for auto sales, according to Edmunds.com. The......

social bookmarking


Ford Makes another Quarterly Profit

5:14 PM Wed, Apr 28, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Ford had its best quarterly performance in six years, earning $2.1 billion, and now expects to return to profitability this year, according to The New......

social bookmarking


Ford on Track to Second in U.S. Sales

5:05 PM Wed, Apr 28, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Data from Edmunds.com suggests Ford could return to being the number two automaker in the U.S. "Ford has demonstrated that the key to a turnaround......

social bookmarking


Fiat bringing 4-door 500 to North America

11:50 AM Thu, Apr 22, 2010 | | Comments (1)
By Peter C. T. Elsworth    Email

Fiat is bringing a 4-door version of its retro 500 design to North America, according to Automotive News. The timing has not been established, not......

social bookmarking


No flies on Ferrari's latest

11:30 AM Thu, Apr 22, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Ferrari introduced its 599 GTO at the Beijing Auto Show last week, according to Automotive News. It said the car is a limited edition of......

social bookmarking


Shifts in global auto market

11:20 AM Thu, Apr 22, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

China overtook the U.S. to become the world's biggest auto market last year, according to Automotive News. Actually it leapt ahead. Passenger vehicle sales in......

social bookmarking


Oil rig explodes off Louisiana coast; 11 missing

11:50 AM Wed, Apr 21, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

NEW ORLEANS -- An explosion rocked an offshore oil drilling platform, sending a column of fire into the sky and touching off a frantic search......

social bookmarking


Chrysler reports $197 million loss, cash balance grows

10:02 AM Wed, Apr 21, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Chrysler lost $3.8 billion from the time it left bankruptcy protection June 10 through the end of last year, but the automaker says......

social bookmarking


Classic AC Roadster Gets a Modern Touch

9:47 AM Wed, Apr 21, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

AC Cars, like many British sports car companies, has gone through a rough patch in recent decades. The famous maker of the AC Cobra has......

social bookmarking


Fiat Readies Shake-Up at the Top

6:01 PM Tue, Apr 20, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Fiat Group announced a shake-up of its board of directors Tuesday that would elevate the young scion of the founding Agnelli dynasty to the head......

social bookmarking


Plum Beach Lighthouse plates on track

10:05 AM Mon, Apr 19, 2010 | | Comments (1)
By Peter C. T. Elsworth    Email

I recently got this note from David Zapatka, president of the Friends of Plum Beach Lighthouse Inc: Today we delivered 1,202 orders for the Plum......

social bookmarking


Driving the outdated Merritt Parkway

2:01 PM Thu, Apr 15, 2010 | | Comments (1)
By Peter C. T. Elsworth    Email

It's been a while since I drove to New York, so I was surprised last weekend to find myself really not enjoying the tight driving......

social bookmarking


Ford says 16% March sales increase makes it No.1 in Europe

11:08 AM Thu, Apr 15, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Ford today said its European new-car sales grew 16.1 percent in March, making it Europe's top-selling brand for the month -- but the automaker asked......

social bookmarking


Giant Daffodil Heart Features on Route 4

1:44 PM Wed, Apr 14, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Have you checked out the daffodil heart on Route 4? It's actually enormous, taking up most of a graded hill on the east side of......

social bookmarking


GM China: Sales by 2015 may exceed 3M units

9:41 AM Mon, Apr 12, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

SHANGHAI - General Motors Co. said Monday demand in China is so strong that the company's annual sales may top 2 million vehicles this year......

social bookmarking


Audi to climb Pikes Peak without a driver

10:38 AM Fri, Apr 09, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

SAN JOSE, Calif. -- It can traverse rough terrain, accelerate quickly and negotiate sharp turns like other high-performance sports cars, but there's one thing that......

social bookmarking


Masse applies to take over Banner location on Rte. 1

11:47 AM Wed, Apr 07, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Paul Masse has applied to take over the Buick and GMC franchises at the former Banner Buick Pontiac GMC Saab store on Route 1 just......

social bookmarking


GM posts $4.3 billion loss in July-December period

10:35 AM Wed, Apr 07, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors says it lost $4.3 billion in the last half of 2009 as it struggled to emerge from bankruptcy protection, repay government loans and......

social bookmarking


Daimler, Nissan and Renault Unveil Partnership

2:52 PM Tue, Apr 06, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Renault, Nissan Motor and Daimler unveiled a strategic partnership Wednesday under which they will share small-car technology and power trains, an agreement they said would......

social bookmarking


Renault, Nissan to partner with Daimler

2:52 PM Tue, Apr 06, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

PARIS -- Renault and Nissan will unveil a wide-ranging three-way tie-up with German automaker Daimler AG on Wednesday aimed at bolstering their offerings in small,......

social bookmarking


Amid Signs of Spring, Hints of Green

1:05 PM Mon, Apr 05, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

For decades, the crowds expected flashy supercars and futuristic design studies from any self-respecting auto show. But between the still-shabby economy and the specter of......

social bookmarking


GM to use brake safety measure worldwide

12:48 PM Mon, Apr 05, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors says it will install a new brake safety measure that can prevent unintended acceleration on all its new vehicles worldwide by......

social bookmarking


Gasoline, oil break out to 18-month highs

12:45 PM Mon, Apr 05, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Gasoline and oil prices climbed to 18-month highs Monday as a batch of new economic reports provided more signs that the economy is back on......

social bookmarking


Fuel efficiency rules aimed at advanced vehicles

10:39 AM Thu, Apr 01, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

The Obama administration is setting tough gas mileage standards for new cars and trucks, spurring the next generation of fuel-sipping gas-electric hybrids, efficient engines and......

social bookmarking


Chrysler Says It Expects to Break Even This Year

9:47 AM Thu, Apr 01, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

Mr. Marchionne, speaking at an automotive forum on the eve of the New York International Auto Show, said the automaker had slightly more than $5......

social bookmarking


Backseat Driver: Take 295 and put up with the traffic

3:29 AM Thu, Apr 01, 2010 | | Write a comment
By Peter C. T. Elsworth    Email

There's only one way to drive north and south in Rhode Island right now and that is to take Interstate 295. So long as Interstate......

social bookmarking