Cars Blog May Archive

35.5 mpg CAFE mandate of President Obama

05/23/09 08:45

35.5 MPG rubric that was mandated by Obama requires automobile manufacturers in America to comply with a green technology that insists vehicles to reduce emissions as well as to improve gas mileage.

Read more: 35.5 mpg CAFE mandate of President Obama [click]

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Letter from the Chrysler CEO

Employees of Car maker Chrysler received an e-mail from their Chief Executive Officer (CEO) Bob Nardelli about the current situations of their company.

Read more: Letter from the Chrysler CEO [click]

Audiexclusive Interview

Name of your website?

Audiexclusive

Your name?

Ray Robsn

Your Location (city, etc)

Sunderland

Please give us a short summary of your website?

Specialist in New and Used Audi cars at great prices. Fexible finance arrangements including Contract Hire and Leasing.

Read more: Audiexclusive Interview [click]

Obama's First Plan to aid the Planet

President Obama is living up to his promise in tackling issues of climate change as he planned to announce the his first of his plans which is to lessen gas emissions from vehicles and and increase mileage efficiency.

Read more: Obama's First Plan to aid the Planet [click]

Manfredis survives onslaught

After the effect of Chrysler in the auto industry as it turns down almost 800 car dealers, the Manfredis are still lined up with the fortunate ones for still making it after the onslaught.

Read more: Manfredis survives onslaught [click]

General Motors not to renew franchise?

After Chrysler LLC told quarter of its dealers that they the company will not renew their contract, General motors corporation are now in in question if they are coming next.

Read more: General Motors not to renew franchise? [click]

Update 2 of Ford After Stock-Sale Plan

Update 2 of the "Ford Falls Most since November After Stock-Sale Plan" article was already released on bloomberg (link below). It tell the current financial and stock situation of the only U.S. auto maker that got federal financing since November.

Read more: Update 2 of Ford After Stock-Sale Plan [click]

GM loses $6 billion in the first quarter

America's largest domestic automobile producer General Motors had a worse 1st quarter earnings report than last year, posting $6 billion in net loss for the quarter as its revenue slumped by $20 billion exactly a year ago.

Read more: GM loses $6 billion in the first quarter [click]

Ford outsells Toyota for the first time in more than a year

For the very first time for more than a year, Ford Motor Co. was able to beat its Japanese rival Toyota Motor Co. in the monthly sales races.

To set the record straight, Toyota is still in lead for the highest sales this year, leading by about 46,000 units. However, Ford, boosted by its new line of hybrid and gasoline-powered units, may be able to catch up soon.

[404 Check: was link to http:/ / www. freep. com/ article/ 20090502/ BUSINESS01/ 905020389, anchor: Link: Ford outsells Toyota as auto sales drops go on | Freep.com | Detroit Free Press]

Chrysler likely to file Chapter 11 today

US automaker Chrysler will most likely file Chapter 11 bankruptcy today if the government fails to strike a deal with the company's lender to exchange cash for debt.

The Obama administration is offering $2.25 billion in cash in exchange of $6.9 billion worth of debt with the company's secured debt holders.

If a deal pushes through, the automaker will have the chance to make the necessary restructuring measures that the administration has set.

[404 Check: was link to http:/ / www. reuters. com/ article/ bigMoney/ idUS122978966420090430, anchor: Link: Chrysler Will Fight to Bitter End | Green Business | Reuters]