This Summer GM Won't Get 'Desperate' For Sales 26 May 2006 13:25 GMTGeneral Motors executives are determined not to become "desperate men" doing "desperate things" this summer to move metal.
The automaker plans to hold to its strategy of lower sticker prices that are closer to the actual transaction prices. It will not rely
Source: CarKB Automobile Manufacturers Urge Americans to Discover Alternative Fuel Automobiles 26 May 2006 13:22 GMTThe Alliance of Automobile Manufacturers, a trade association including BMW Group, DaimlerChrysler, Ford Motor Company, General Motors, Mazda, Mitsubishi Motors, Porsche, Toyota and Volkswagen, has launched an initiative, http://www.discoveralternatives.org/, in support of alternative
Source: CarKB S.& P. May Cut Ford's Debt Rating Again 26 May 2006 04:00 GMTS.& P. put Ford and its finance unit on CreditWatch with negative implications, citing the "deteriorating product mix and market share in North America and persistently high commodity costs generally."
Source: NY Times Honda Develops Bio-Fabric for Use in Automobile Interiors 25 May 2006 14:08 GMTHonda Motor Co., Ltd., announced it has succeeded in developing bio-fabric, a plant-based fabric with excellent durability and resistance to sunlight, for use as a surface material in automobile interiors. Bio-fabric offers the benefit of offsetting CO2 emissions produced during
Source: CarKB Hyundai Delaying Introduction of Hybrid Models For U.S. 25 May 2006 14:05 GMTHyundai Motor Co., citing currency problems, has delayed introduction of hybrid cars until 2009 at the earliest.
South Korea's currency, the won, has risen more than 8 percent against the dollar this year and is now at its highest level since 1997.
The muscular currency is pressuring
Source: CarKB Memorial Day Travelers Can Save 38 Percent of Their Gas Bill With Simple Tips 25 May 2006 13:58 GMTAccording to AAA, gasoline prices are a record $2.93 nationally, 34 percent higher than a year ago. However, Ford Motor Company tests show consumers can recoup almost 40 percent of their possible fuel economy by using six painless fuel economy tips.
These tests show that inefficient
Source: CarKB Motorcycles Rev Up for Summer 25 May 2006 06:00 GMTHot for a Harley? Craving a Vespa? The siren song of sun-drenched freedom lures legions of riders into showrooms and onto the open road. From Forbes.com.
Source: wired.com