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Keyword: autos

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  • Donald Trump's Lamborghini Diablo is up for sale

    10/04/2015 5:22:48 AM PDT · by jjotto · 41 replies
    Autoblog ^ | Oct. 1, 2015 | Noah Joseph
    Back in Donald Trump's booming heyday, a car couldn't get much flashier, much more outlandish, much more... Trump than a Lamborghini Diablo. Turns out he actually owned one – a 1997 Lamborghini Diablo VT roadster, to be specific, like the one pictured above. And now it's up for sale. Donald Trump Lamborghini DiabloThis VT roadster is one of just 200 or so that were made before the 1999 facelift. It featured the Viscous Traction (viscous-fluid coupling) all-wheel drive system that debuted on the Diablo VT, and the carbon-fiber roof panel could be removed and stowed over the engine cover. Short...
  • Hacker remotely crashes Jeep from 10 miles away

    07/21/2015 9:51:38 AM PDT · by Zakeet · 70 replies
    (UK) Daily Telegraph ^ | July 21, 2015 | Daniel Bates
    Hackers took control of a car and crashed it into a ditch by remotely breaking into its systems from 10 miles away whilst sitting on their sofa. In the first such breach of its kind security experts cut out the engine and applied the brakes on the Jeep Cherokee, sending it into a spin. The US hackers said they used just a laptop and mobile phone to access the Jeep’s on-board systems via its wireless Internet connection. They claim that more than 470,000 cars made by Fiat Chrysler could be at risk of being attacked by similar means - including...
  • Chevy still has 6,000 unsold last-gen Volt hybrids

    05/25/2015 11:26:06 PM PDT · by dila813 · 41 replies
    Engadget ^ | 20 minutes ago | Jon Fingas
    The 2016 Chevy Volt promises to be a much better hybrid than its predecessor, with a lower price and better performance... and unfortunately for GM, that improvement might be hurting sales of the outgoing model. The Detroit Free Press reports that there were roughly 6,000 unsold 2015 Volts as of April, or more than twice the 2,779 that sold in the first four months of the year. Sales are down 46 percent versus the same period a year ago, and dealers appear willing to make some serious concessions to clinch a deal.
  • Saving lives: Improved vehicle designs bring down death rates

    02/11/2015 10:37:02 AM PST · by jjotto · 34 replies
    Insurance Institute for Highway Safety ^ | January 29, 2015 | unattributed
    The chances of dying in a crash in a late-model vehicle have fallen by more than a third in three years, the latest IIHS calculations of driver death rates show. Among 2011 models, a record nine vehicles have driver death rates of zero. However, the gap between the safest and riskiest models remains wide, and three cars have death rates exceeding 100 per million registered vehicle years... ...The list of models with the lowest death rates illustrates just how much vehicles have improved. Eight years ago, there were no models with driver death rates of zero (see Status Report special...
  • 27% of Loans for Autos Traded In Last Year Were ‘Underwater’

    02/11/2015 9:03:36 AM PST · by george76 · 48 replies
    CNS News ^ | February 9, 2015 | Barbara Hollingsworth
    More than a quarter of car buyers still owed an average of $4,257 more than their vehicles were worth. Unlike a home, which can increase in value, a new car loses 11 percent of its value on average the minute it’s driven off the dealership’s lot. After five years of depreciation, the same car has lost two-thirds of its value and is typically worth just 37 percent of its original purchase price. The problem is that many car loans now exceed five years. Although the longer loans mean lower monthly payments, they leave many owners with negative equity in a...
  • Obama plans to talk manufacturing in Detroit ahead of auto show

    01/05/2015 1:19:46 PM PST · by KeyLargo · 27 replies ^ | Jan 5, 2014 | Khalil AlHajal
    Obama plans to talk manufacturing in Detroit ahead of auto show By Khalil AlHajal | January 05, 2015 at 1:48 PM DETROIT, MI -- President Barack Obama is scheduled to speak in Michigan on Wednesday and is expected talk about manufacturing jobs, according to the Associated Press. The visit will come days ahead of the North American International Auto Show in Detroit, which begins with press previews Jan. 12. The president is expected to highlight manufacturing jobs and his decision to bail out the auto industry in a Detroit-area visit before heading to Phoenix the next day to focus...
  • Just some Cars for your nostalgic enjoyment....

    11/29/2014 10:46:27 PM PST · by Dallas59 · 58 replies
    IMGUR ^ | 11/29/2014 | Dallas59
    Full Album Here
  • Are you stealing cars without knowing it?

    10/10/2014 6:57:27 AM PDT · by KeyLargo · 4 replies
    The Street ^ | 10-8-2014
    Are you stealing cars without knowing it? 10/08/14 - Here's another reason to protect your identity -- car thieves are stealing personal information to buy new vehicles directly from dealerships, according to the National Insurance Crime Bureau (NICB). The bureau says crooks have been frustrated by late-model cars with advanced safeguards that make hot-wiring difficult. But resourceful thieves are now using stolen IDs and fake driver's licenses to purchase or lease vehicles, which they then sell after changing vehicle identification numbers (VINs). "It's comparable to a hacker stealing IDs," explains Joe Wehrle, the NICB president and CEO, in a written...
  • The decline of manual transmissions in two graphs — and proof they're coming back

    10/09/2014 6:50:15 AM PDT · by C19fan · 83 replies
    Yahoo ^ | October 8, 2014 | Justin Hyde
    That manual transmissions in vehicles survive in now-permanent status of endangered species-dom will come as no surprise. Despite all the driving benefits and sense of control a manual brings, even most sports cars now sell more automatics than sticks when they offer their drivers the option. (And when they don't, like the Dodge Viper, they don't sell well at all.) Today, in its annual report on U.S. vehicle fuel efficiency, the Environmental Protection Agency provided a clear snapshot of just how endangered manuals are in two vivid graphs — along with a surprising sliver of hope for those who prefer...
  • The 20 Cars Most Likely To Last 200,000 Miles

    10/03/2014 7:27:35 AM PDT · by blam · 168 replies
    Bi ^ | 10-3-2014
    Alex Davies October 3, 2014 If you're going to buy a new or used car, it's good to know that it's not going to break down after a few thousand miles. Even better is knowing that it'll have a good shot at crossing the 200,000 mile mark. To find the vehicles mostly likely to reach that milestone, iSeeCars, which helps shoppers find good deals on used cars, analyzed listings for 30 million used vehicles from the past year. Turns out that if you want to go the distance, your best choice is the Ford F-250, followed by the Chevy Silverado...
  • Subaru and Scion beat competition with most traffic tickets

    09/30/2014 9:54:13 PM PDT · by smokingfrog · 44 replies
    Chicago Trib ^ | 9-30-14 | Robert Duffer
    Certain cars attract certain drivers. Owners of the turbocharged all-wheel-drive Subaru WRX get more tickets than any other car, with one in every three owners reporting a traffic violation in the past three years, according to a recent study by “The fact that you have a WRX is not causing you to get a ticket,” explains Des Toups, Managing Editor of the insurance shopping site. “You are.” Owners of the Pontiac GTO, Scion FR-S, Toyota Supra and Subaru Tribeca rounded out the top five spots. The data was based on info provided by 557,238 drivers shopping for car insurance...
  • New Volt Is Coming, But It's 'Not A Mass-Market' Vehicle Anymore

    08/07/2014 8:59:37 PM PDT · by smokingfrog · 30 replies
    Forbes ^ | 8-7-14 | Dale Buss
    Chevrolet Chief Marketing Officer Tim Mahoney told the industry seminars in Traverse City, Mich., that General Motors will show the next-generation Chevrolet Volt at the Detroit auto show in January. But he also told me that GM considers Volt “not a mass-market” vehicle any longer. The next generation of GM’s groundbreaking plug-in hybrid is expected to arrive in showrooms sometime late next year. It will sport a third seat in the rear and feature a downsized 1.0-liter, three-cylinder engine compared with the current 1.4-liter, four-cylinder engine, Automotive News reported. Mahoney promised the industry audience improvements from technology to design. But...
  • Exclusive: GM recalls some cars with problematic switches; judges others safe

    07/17/2014 7:21:36 AM PDT · by Zakeet · 10 replies
    Reuters ^ | July 17, 2014 | Paul Lienert
    General Motors Co last month recalled millions of vehicles with three different designs of ignition switches that could accidentally turn off the engine and disable air bags in a crash. But the automaker has concluded that more than 2 million other vehicles having exactly the same switches are safe. The vehicles which have not been recalled include fullsize crossovers such as the Buick Enclave and Chevrolet Traverse made from 2007 to the present, which share a switch with recalled late-model Chevrolet Camaros and Cadillac CTSs. Two other switch designs are in other sets of vehicles. GM spokesman Alan Adler said...
  • America's Longest Running Antique Car Show (Greenfield Village-Dearborn, Mi.)

    06/15/2014 4:50:13 AM PDT · by Las Vegas Dave · 17 replies ^ | 6-14-14 | various
    Rev it up with hundreds of authentic vehicles from the 1890s through 1932 at America’s longest-running antique car show. Open ’til 9pm on Saturday night! For one weekend a year, we celebrate the triumphs of the earliest years of the automotive industry. It is a glorious spectacle, as the streets and grounds of Greenfield Village fill with the sights, sounds and smells of hundreds of authentic vehicles made from the 1890s through 1932. Wander through the village and talk to owners about their treasured vehicles. Watch drivers engage in games of skill, see a Model T assembled in just minutes,...
  • Detroit's 1942 WWII 'Blackout Specials' Rare, Prized Collectibles Today-

    05/27/2014 5:08:26 AM PDT · by Reaganite Republican · 24 replies
    Reaganite Republican ^ | 27 May 2014 | Reaganite Republican
    1942 Dodge 'blackout' (Library of Congress) More/photos at Reaganite Republican...
  • QOTD: Marchionne Says Government Made Him Sell Fiat 500

    05/22/2014 4:16:58 AM PDT · by jjotto · 11 replies
    The Truth About Cars ^ | May 21, 2014 | Derek Kreindler
    An event held at Washington D.C’s Brookings Institute saw FCA CEO Sergio Marchionne and former National Economic Council head Larry Summers discuss the auto bailout on its five-year anniversary. As always, Marchionne had some colorful commentary, with a one interesting nugget about Fiat. According to Christina Rogers of the Wall Street Journal, Marchionne claimed that the Fiat 500 was only imported to the United States due to the government’s hand, with Marchionne stating “It was a condition assigned to the [bailout] deal” This has previously never been stated in any bailout related discussion – only the Dodge Dart and its...
  • Consider the Source. Lots of Unsold Cars Are Normal.

    05/19/2014 7:13:34 PM PDT · by jjotto · 3 replies
    The Truth About Cars ^ | May 18, 2014 | Ronnie Schreiber
    There’s a post at the Zero Hedge finance site that’s getting some attention. It’s really a repost from this site, and it includes a number of aerial and satellite photos of thousands of new automobiles that the author says are sitting on storage lots, unsold. The author claims that automobile manufacturers are continuing to churn out thousands, perhaps hundreds of thousands of cars that will likely never ever sell. He warns that those cars that do sell will suffer mechanical issues from having sat for so long. He claims that those cars that don’t sell are recycled and that it’s...
  • Where the World's Unsold Cars Go To Die

    05/17/2014 6:28:49 AM PDT · by RightGeek · 134 replies
    Zero Hedge ^ | 5/16/2014 | Tyler Durden
    In the past several years, one of the topics covered in detail on these pages has been the surge in such gimmicks designed to disguise lack of demand and end customer sales, used extensively by US automotive manufacturers, better known as "channel stuffing", of which General Motors is particularly guilty and whose inventory at dealer lots just hit a new record high. But did you know that when it comes to flat or declining sales and stagnant end demand, channel stuffing is merely the beginning?Presenting...Where the World's Unsold Cars Go To Die (courtesy of Vincent Lewis' Unsold Cars)Above is just...
  • Rick Perry Takes A Victory Lap After Texas Takes Toyota From California

    04/28/2014 2:56:17 PM PDT · by blam · 28 replies
    BI - AP ^ | 4-28-2014 | Hunter Walker
    Rick Perry Takes A Victory Lap After Texas Takes Toyota From California Hunter Walker April 28, 2014, 5:04 PM ď‚™ Texas Gov. Rick Perry thinks Texas' "employer-friendly combination of low taxes, fair courts, smart regulations, and world-class workforce" are responsible for Toyota's decision to move its sales headquarters from California to the Lone Star State. "Over the past decade, Texas and Toyota have developed a strong partnership that has resulted in good-paying jobs for thousands of Texans," Perry said in a statement about the automakers move Monday. "Toyota understands that TexasÂ’ employer-friendly combination of low taxes, fair courts, smart regulations...
  • Union Suffers Big Loss at Tennessee VW Plant

    02/15/2014 6:13:18 AM PST · by KeyLargo · 69 replies
    Wall Street Journal ^ | Feb 14, 2014 | Neal E. Boudette
    Union Suffers Big Loss at Tennessee VW Plant Volkswagen workers rejected the UAW by a vote of 712 to 626. Neal E. Boudette Updated Feb. 14, 2014 11:44 p.m. ET The United Auto Workers union suffered a crushing defeat Friday, falling short in an election in which it seemed to have a clear path to organizing workers at Volkswagen AG VOW3.XE +1.10% 's plant in Chattanooga, Tenn. The setback is a bitter defeat because the union had the cooperation of Volkswagen management and the aid of Germany's powerful IG Metall union, yet it failed to win a majority among the...
  • DOT plans to mandate ‘talking’ cars

    02/03/2014 10:49:41 AM PST · by C19fan · 80 replies
    Politico ^ | February 3, 2014 | Kevin Robillard
    The Obama administration announced Monday that it intends to require new cars to include technology enabling them to communicate with each other, a step that transportation planners have said could significantly reduce crashes. Transportation Secretary Anthony Foxx told reporters that he hopes to finish the mandate before President Barack Obama leaves office. That would allow time for DOT and the National Highway Traffic Safety Administration to work out issues including security and privacy.
  • The Studebaker that Woulda-Shoulda-Coulda

    12/30/2013 11:32:59 AM PST · by Reaganite Republican · 45 replies
    Reaganite Republican ^ | 30 December 2013 | Reaganite Republican
    Like most independent US automakers in the 1950s, Studebaker -at that point already in business for over 100 years, producer of Conestoga wagons that conquered the American west, and an automobile manufacturer since 1905- was simply unable to compete with the Big Three's economies of scale, access to capital, and profit-crushing price wars. The result was companies like Nash, Hudson, Packard, and Studebaker being forced to seek a merger in order to survive... So as Mitt Romney's old man did when he created AMC/Rambler out of Nash and Hudson, Studebaker teamed-up with ultra-luxury Packard, consolidated manufacturing, and eliminated redundancies. Yet...
  • Canadian car buyers blocked from cheaper U.S. prices

    11/22/2013 1:36:05 PM PST · by Stoat · 26 replies
    CBC News ^ | November 22, 2013 | Megan Griffith-Greene
    Canadians are being given a hard time when they try to buy from dealerships south of the border By Megan Griffith-Greene, CBC News Posted: Nov 22, 2013 5:00 AM ETCanadians planning a trip south of the border next week to take advantage of Black Friday deals may run into roadblocks if a car is on their shopping list. A CBC Marketplace investigation reveals automakers are preventing Canadians from taking advantage of cheaper car prices south of the border.Marketplace found price differences of thousands of dollars in the manufacturer’s suggested retail price (MSRP) for the same model car on different sides of the...
  • Senator says rearview cameras would save lives [Schumer loves to increase costs to consumer!]

    10/21/2013 6:49:21 AM PDT · by SoFloFreeper · 29 replies
    WSYR-TV ^ | 10/21/13
    Nearly 17,000 people are hurt each year when drivers accidentally back over them. Senator Chuck Schumer is now pushing for all-new cars to be built with rearview cameras. The Senator says such devices could save nearly 200 lives each year.
  • GM Developing Car to Rival Tesla

    09/17/2013 7:44:27 AM PDT · by illiac · 22 replies
    Wall Street Journal ^ | 9/17/13 | Mike Ramsey
    General Motors Co. GM +1.89%is developing an electric car that can go 200 miles on a charge for around $30,000, officials at the largest U.S. auto maker said, offering a challenge to luxury electric-car startup Tesla Motors Inc. TSLA -0.58% Doug Parks, GM's vice president of global product programs, disclosed the effort on Monday at GM's battery laboratory and test facility in Warren, Mich., but didn't say when the car would be available. He said while the technology is available now, the cost of the batteries remains too high to be able to pull off the feat today. GM's move...
  • Vintage Chevy auction to deal in low-mileage gems

    08/21/2013 8:21:35 PM PDT · by Doogle · 11 replies
    FOXNEWS ^ | 08/21/13 | AP via FOX
    Seventeen years have passed since Ray Lambrecht closed his Chevrolet dealership, a small-town operation in northeast Nebraska with a big and valuable secret. For decades, the owner of the Lambrecht Chevrolet Co. in Pierce held on to new cars and trucks that didn't sell right away. He stashed them in warehouses, at his farm and in other spots around the town he worked in for 50 years. Now, his automotive nest egg — about 500 vintage cars and trucks — will go on the auction block. Next month, visitors from at least a dozen countries and throughout the U.S. will...
  • Movie for a Sunday afternoon: "Le Mans"(1971)

    08/11/2013 12:28:54 PM PDT · by ReformationFan · 20 replies
    You Tube ^ | 1971 | Lee H. Katzin
  • Famed Non-Automotive Journalist Michael Hastings Turns A C250 Into A “Bomb”

    06/19/2013 4:04:13 PM PDT · by jjotto · 76 replies
    The Truth About Cars ^ | June 19, 2013 | Jack Baruth
    The writing-about-writing crowd is abuzz with discussion about the rather unusual death of Buzzfeed/RollingStone/Gawker writer Michael Hastings. Mr. Hastings, whose name is never mentioned in the press without the immediate mention that he was “the fearless journalist whose reporting brought down the career of General Stanley McChrystal”, died in a single-car accident in Los Angeles yesterday morning. This in and of itself is not unusual, but the circumstances of the crash and its aftermath won’t do anything to quiet the conspiracy theorists who are already claiming that the military-industrial complex found a way to cap the guy. The definitive video...
  • Weakened By Obama’s Union Coddling, Cooper Tires Is Sold To The Indians

    06/12/2013 4:27:51 PM PDT · by jjotto · 26 replies
    The Truth About Cars ^ | June 12, 2013 | Bertel Schmitt
    Cooper tires is becoming another victim of President Obama’s much too cozy relationship with the union machine. Cooper Tires was bought by an Indian company. After President Obama sent a thank you to the Steelworkers Union and slapped an absolutely brain-dead punitive tariff of tires coming from China, a few things happened: Imports of low-cost tires did not stop. They came from other countries, at tariffs even lower than the old ones on Chinese tires. Not a single new job was created in America, but more than a few jobs at tire importers were destroyed. Americans paid more for tires....
  • Electronic license plates proposed in South Carolina

    06/12/2013 3:23:56 PM PDT · by dynachrome · 20 replies ^ | 6-12-13 | Fox News
    The plates can be changed instantly to display important messages, including Amber Alerts, and will let police and other drivers know if the tag is expired, if the driver is uninsured or if the driver's license has been suspended, according to the report. State Rep. Ralph Norman told switching to electronic plates could assist police in getting uninsured drivers off the road.
  • The 500-hp club

    06/03/2013 4:12:27 PM PDT · by jjotto · 94 replies
    AUTOWEEK ^ | 5/30/2013 | Max Gilles
    Petrol heads, continue to rejoice: Car manufacturers have not ignored your cries for high-powered cars and trucks. Despite tightening emissions regulations and rising fuel costs, automakers are building an increasing number of vehicles putting out at least 500 horses. Based on our research, there are over 80 cars sold in the United States that deliver these burnout-inducing numbers (not including tuners such as Mosler or Callaway). That's up about 10 cars from the list we did last year. Each automaker takes its own approach to supplying adrenaline junkies with 500-plus hp, whether through massive turbochargers, supercharging, or just sticking to...
  • 5 Cars You Might As Well Buy New Instead of Used

    05/30/2013 12:49:52 PM PDT · by Responsibility2nd · 54 replies
    Yahoo/The Street ^ | 05/30/2013 | Jerry Kronenberg
    NEW YORK (TheStreet) -- The U.S. used-car market is facing big supply shortages and unusually high prices these days, so consumers might as well buy certain models new instead of used, since there's little difference in price. "We're in a bit of a strange situation right now in that there simply isn't a lot of used-car inventory out there," says Eric Lyman of market tracker Dealers have few used cars to sell because not many people bought or leased new vehicles during the 2008-10 economic meltdown, so there's a dearth of 3- to 5-year-old automobiles entering the resale market...
  • Bloomberg Buries The Lede: Cadillac Puff Piece Can’t Hide...[GM failure]

    TTAC readers looking for a more pro-GM news source may want to check out Bloomberg for their next dose of pro-GM news. A story on Cadillac’s revived fortunes contains all kinds of enthusiastic copy and positive quotes, but still manages to bury the lede way down at the bottom of the story... ...Uh oh. $3,700 just months after their crucial entry-level car was introduced? A nearly tenfold increase in incentive spending in just a few short months? Not good news at all. The incentives do explain why the ATS had a nice bump in sales right around February. It’s unfortunate...
  • Susan Docherty Has a Great Idea How To Kill Cadillac

    02/26/2013 4:39:33 PM PST · by jjotto · 38 replies
    The Truth About Cars ^ | February 25, 2013 | Bertel Schmitt
    Uh-oh: Susan Docherty, dispatched from China to Europe to teach the Eurotrash the proper appreciation and respect for Chevrolet and Cadillac, has come up with a strategy that assures the destruction of Cadillac outside of the U.S. Cadillac’s global aspirations hinge on its success in Europe, Docherty told WardsAuto. Again:” To be successful in China, Cadillac must first be successful in Europe. No blond jokes please, show some respect. “If a luxury brand is successful in Europe, whether that brand is Chanel or Prada, or Mercedes or BMW, people in parts of Asia look to see what Europeans validate as...
  • Vanity - How do new Car Buyers find Invoice Prices?

    02/23/2013 11:04:33 AM PST · by urtax$@work · 51 replies
    n/a | 2/23/13 | myself
    A daughter is new car shopping for a Hyundai(they are supposed to be much better made now)and she used Consumer Reports to find the Invoice Price. She is nowhere near a seaport but the difference in Invoice & Sticker is only $200.... It has been a long time since i bought new and i though my Chevy Invoice was much lower than the sticker. I understood that knowing the invoice was a good baseline to bargain with the dealership. Do any FReepers know if her Invoice from Consumer Reports is bogus or is there a better place to find invoice...
  • Audi’s automatic driving for parking

    01/25/2013 12:29:20 PM PST · by BwanaNdege · 14 replies ^ | 1/25/2013 | YouCar
    Audi’s automatic driving for parking Audi’s automatic parking systems operate by means of either ultrasound or cameras, which display images via the onboard monitor. One particularly convenient solution is park assist. When backing into a parking space, it performs all the necessary steering movements; it can handle both parallel parking and parking perpendicular to the street. The system finds a parking space with ultrasound sensors that scan the roadside in two dimensions while driving at moderate speed. The system notifies the driver via a message in the display once the sensors have found a space which is large enough. If...
  • Leasing a car

    01/07/2013 1:18:27 PM PST · by Hot Tabasco · 31 replies
    None | 01/07/2013 | Hingle McCringleberry
    I have questions on how a dealership calculates a lease payment on a new car
  • Monday Mileage Champion: The Year In Review [Autos]

    01/01/2013 3:29:30 PM PST · by jjotto · 9 replies
    The Truth About Cars ^ | December 31, 2012 | Steven Lang
    It’s time to make a confession to the good folks at TTAC. The mileage game is rigged. How so? Well, approximately two-thirds of the vehicles that reach the 300k+ mark at an auction I attend will usually belong in one of four categories. Ford truck or SUV. Chevy truck or SUV. Honda car. Toyota everything. There you have it. Nearly two thirds of the vehicles that I see with serious high mileage credentials will belong in one of those four categories... ...But everyone else? Just little glimpses every now and then. The old school German machinery will sometimes score a...
  • Carney: Green stimulus profiteer [Elon Musk] comes under IRS scrutiny

    10/15/2012 5:19:37 AM PDT · by Cincinatus' Wife · 14 replies
    The Washington Examiner ^ | October 14, 2012 | Timothy P. Carney
    Vice President Biden snickered during last week's debate at the suggestion there was waste, inefficiency or cronyism in the 2009 stimulus bill. If he can stop cackling for long enough, Biden, the self-proclaimed "stimulus sheriff" should sit down with the IRS officials and the federal inspector general who are investigating a solar company owned by leading Obama donor and subsidy recipient Elon Musk. Musk, as he cashes in on his solar investment by taking his company SolarCity public this month, had to make an awkward admission in his financial filings with the Securities and Exchange Commission. The Internal Revenue Service...
  • Fact Check: Obama Challenges Us to Look Up Romney’s Op-Ed

    10/23/2012 10:45:05 AM PDT · by lasereye · 15 replies ^ | 10/23/2012 | Patterico
    Guess who was telling the truth? Here’s the transcript: ROMNEY: I just want to take one of those points, again, attacking me as not talking about an agenda for — for getting more trade and opening up more jobs in this country. But the president mentioned the auto industry and that somehow I would be in favor of jobs being elsewhere. Nothing could be further from the truth. I’m a son of Detroit. I was born in Detroit. My dad was head of a car company. I like American cars. And I would do nothing to hurt the U.S. auto...
  • What about 7 of 10 GM vehicles being built outside the US.....

    10/22/2012 8:16:46 PM PDT · by hole_n_one · 39 replies
    FR ^ | Vanman
    What about 7 of 10 GM vehicles being built outside the US since the restructure of GM? 15 manufacturing plants in China since the resructure? What about Obummer ditching Netanyahu on multiple occasions and sneaking him in and out of the whitehouse in the cover of darkness, and going to Vegas when his presence was requested by Bibi??????Oh, by the way I have been trying to send this f’ing post for an hour!!!
  • Vital Signs Chart: More Auto Loans Going to Subprime Borrowers

    09/10/2012 7:57:39 AM PDT · by KeyLargo · 4 replies
    WSJ ^ | Sep 10, 2012 | Ben Casselman
    September 10, 2012, 9:13 AM Vital Signs Chart: More Auto Loans Going to Subprime Borrowers By Ben Casselman More car loans are going to risky borrowers. Nearly 12% of new auto loans went to subprime borrowers — those with credit scores below 620 — in the second quarter, the most since the market for risky loans dried up in 2008. Somewhat safer “outside of prime” loans — those to borrowers with scores below 680 — rose to 25.4% in the second quarter, up from under 17% in 2009.
  • Bummer! Beemer and $200,000 Bentley bashed in Chelsea collision

    09/06/2012 9:00:18 AM PDT · by ConservativeStatement · 13 replies
    New York Post ^ | September 6, 2012 | KEVIN FASICK, REBECCA HARSHBARGER and CYNTHIA R. FAGEN
    Two drunks — one driving a rare Bentley, the other a Beemer — went head-to-head early yesterday, leaving hundreds of thousands of dollars worth of mangled metal littering a Chelsea street corner, cops and witnesses said. Eight people, four from each car, were taken to Bellevue Hospital after the 3:45 a.m. crash, but none suffered life-threatening injuries.
  • ROSENBERG: Subprime Auto Lending Is Bigger Today Than It Was At The Peak Of The Credit Bubble

    09/05/2012 2:22:18 PM PDT · by blam · 8 replies
    TBI ^ | 9-5-2012 | Mamta Badkar
    ROSENBERG: Subprime Auto Lending Is Bigger Today Than It Was At The Peak Of The Credit Bubble Mamta BadkarSep. 5, 2012, 11:34 AMThere was much celebration yesterday as August auto sales reached their highest level since 2009, when the government sponsored Cash-for-Clunkers program expired. Preliminary data showed that total vehicle sales reached 14.5 million unit rate annualized, up 16 percent from a year ago. While this was certainly prompted by pent-up demand, Gluskin Sheff's David Rosenberg writes that the 14.5 number is still below trend, and also up because lending to subprime consumers is rising (emphasis ours): "Let's put 14.5...
  • Tesla Still Losing Money, But Plans an Early Debut for Its Sedan

    05/14/2012 2:05:48 PM PDT · by Red Badger · 20 replies
    MIT Technology Review ^ | 09 May 2012 | Kevin Bullis
    The automaker plans to ship its Model S electric sedan in June, rather than July. Tesla Motors announced today that it is on track to start delivering its Model S in June, a month ahead of schedule. It moved up the date of the first deliveries because it’s nearly completed testing on 80 cars it’s built so far. Tesla continues to lose money. It lost nearly $90 million in the first quarter of 2012, compared to a loss of about $50 million during the same period the year before. It’s staying afloat in large part thanks to a Department of...
  • Vanity-Does Modern Tech Used in Auto Manufacturing Push the 100,000 mile Emotional Threshold higher?

    04/09/2012 4:05:36 PM PDT · by NoLibZone · 50 replies
    NLZ ^ | April 9 2012 | NLZ
    What's your sense on the state of modern auto and motor plant technology? Does CAD, modern tech, etc push the emotional 100,000 mile threshold, to a new higher number?
  • Circle Cycle engine (new type of car engine. Darndest thing I have seen in awhile)

    01/28/2012 3:50:00 PM PST · by dynachrome · 88 replies · 1+ views
    What is it? Orbital,non-reciprocating internal combustion engine. Piston/Cylinder structured Adaptable to all liquid or gaseous fuels Ultra efficient Patent # 7721687B1; & Patents Pending
  • Ford Motor withdraws from climate change group

    01/25/2012 11:38:10 AM PST · by WOBBLY BOB · 28 replies
    Examiner ^ | 1-26-12 | David Freddoso
    The National Center for Public Policy Research is claiming a scalp today after Ford Motor Co. formally withdrew from the liberal U.S. Climate Action Partnership. The conservative non-profit announces today that Ford has withdrawn from the organization, which uses corporate support form management to work against shareholders' interests by promoting a cap-and-trade framework for carbon emissions.
  • 2013 Dodge Dart: BACK After 37 Years!

    01/12/2012 4:03:13 AM PST · by Reaganite Republican · 69 replies
    Reaganite Republican ^ | January 12, 2012 | Reaganite Republican
    1975: last year of Dodge Dart production prior to  replacement by the ill-fated Dodge Aspen _______________________________________________ As the new Chrylser starts to hit it's stride, the resurgent company has now unveiled an all-new 2013 Dodge Dart at the Detroit International Auto Show with a fresh, clean look that still looks like a Mopar, sharing a number of muscular styling cues with its big-brother, the Dodge Charger... Pics/more at Reaganite Republican _______________________________________________
  • Chevy Volt among Worst Product Flops of 2011

    01/08/2012 1:54:41 PM PST · by John Semmens · 30 replies
    Semi-News/Semi-Satire ^ | 7 Jan 2012 | John Semmens
    Pitched to the American voter as the vanguard of a “greener” future, the heavily subsidized Chevy Volt was dubbed one of the worst product flops of 2011 by Yahoo Finance’s 24/7 Wall Street site. The low sales volume—-an estimated 8,000 vehicles for 2011 (all of which are currently under recall notices to correct defects)–-has made the effective unit cost for each car amount to around $250,000. Representative Hansen Clarke (D-Mich) insists that “despite the reluctance of the American driver to buy these cars we must not falter in our efforts to make them understand the necessity for government’s role in...