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22

Dec

Toyota Post Fist Loss in 70-Years!

Posted by Andy  Published in Uncategorized

I do believe that true sign of the Automotive Apocalypse is now upon us. Toyota Motor Corp. is forecasting its first-ever annual operation loss in 2008!!! This is a company that has never had a loss in over 70-years. It’s being blamed by the perfect storm of relentless slow sales and crippling rise in the [...]

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19

Dec

Detroit-Area Dealers Fill Slot in Detroit Auto Show

Posted by Andy  Published in Uncategorized

I’ve blogged about Nissan, Infiniti and Mitsubishi not showing up at the Detroit Auto Show, but that’s not completely true now. Detroit-area dealers are going to bring in vehicles off their lots to occupy the spots originally allocated to their company’s corporate displays. Nissan and Infiniti are displaying their cars only, no fancy lights [...]

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18

Dec

Honda Axes NSX

Posted by Andy  Published in Uncategorized

First Honda pulls out of F1, now it looks like it’s getting more into “Green Cars”, by axing the next generation Acura NSX. The next generation NSX was going to get a 5.5-litre V10 that would have made at least 500 hp and front-mounted. The new NSX was expected to debut as a 2010 model, [...]

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18

Dec

Suzuki and Subaru Out of WRC

Posted by Andy  Published in Uncategorized

As the Automotive World comes crashing down, it’s also taking motorsports with it. Honda has pulled out of F1, Suzuki suspends it’s WRC involvement and now it seems that Subaru is also suspending it’s involvement in World Rally Championship. Which Subaru has been involved with WRC for two decades and has six world titles, [...]

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12

Dec

SAIC to Buy Saturn?

Posted by Andy  Published in Uncategorized

According to Gasgoo.com, SAIC (Shangai Automotive Industry Corporation) could be potential buyers of Saturn from GM. SAIC and GM is already a partner to form Shanghai GM, SAIC-GM-Wuling Automobile and Pan-Asia Technical Automotive Center. SAIC also has a partnership with VW to from Shanghai Volkswagen Automotive and is the current owner of MG, Roewe and [...]

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10

Dec

Chrysler Split from Chery

Posted by Andy  Published in Automotive Blog, Automotive News

I find this somewhat strange in today’s world, Chrysler has canceled its plans to develop a small car with China’s Chery Automobile Co. The executives from both companies cited changes in strategy and external market conditions has changed since signing the agreement in July 2007.
Chrysler and Chery had planned to make a Chery-made vehicle in [...]

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4

Dec

VW Scirocco Studie R

Posted by Andy  Published in Automotive News

Dear Santa,
Please make Volkswagen bring the Scirocco Studie R to USA as is and put it in my garage.
Thanks,
Andy
Well, as you may guess I really like the VW Scirocco Studie R that was revealed at the Bologna Motor Show. And it might come to the USA as the replacement for the GolfR32 for 2010 [...]

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3

Dec

UAW Going to Help the Big 3

Posted by Andy  Published in Automotive News

The UAW has finally stepped up and is going to help the big three. UAW President Ron Gettelfinger has agreed to delay making payments to a retiree health care trust in 2010. They has also agree to suspend the Jobs Bank program, which gave laid-off factory workers as much as 95 percent of their regular [...]

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