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Feds Want Out Of The Auto Business As Soon As Possible

Feds Want Out Of The Auto Business As Soon As Possible

On numerous occasions, de facto Car Czar Steven Rattner has said that neither he nor the U.S. government wants to be in the auto business–at least not for long. Those sentiments were reaffirmed yesterday when Rattner indicated that the feds are planning to sell off their 60.8% stake in the New GM as soon as possible. [...]

July 19th, 2009 | Posted in Auto News | Read More »

General Motors Ready To Emerge From Bankruptcy

General Motors Ready To Emerge From Bankruptcy

While most of America was enjoying a long holiday weekend full of cookouts and fireworks, Judge Robert Gerber was overseeing a very different sort of explosive activity in Manhattan: the conclusion of the General Motors bankruptcy trial. Late last night, Gerber ruled in favor of General Motors’ request to sell off bad assets and shift [...]

July 17th, 2009 | Posted in Auto News | Read More »

Cooperative Effort Between Unexpected Groups Readies China For EVs and Hybrids

Cooperative Effort Between Unexpected Groups Readies China For EVs and Hybrids

China clearly sees EVs as a major player in the future auto industry.  To achieve widespread adoption within their country, the government has kicked off several new incentive programs and has begun to increase manufacturing capacity and build new R&D facilities. In December the cities of Denver, Colorado and Chongqing, China along with the help [...]

July 17th, 2009 | Posted in Auto News | Read More »

Japan Considers Adding Noise To Hybrid Vehicles

Japan Considers Adding Noise To Hybrid Vehicles

One of the knocks on hybrid vehicles comes from the vision-impaired community. Many hybrids disengage their internal combustion engines at slow speeds. When a driver slows to a stop or accelerates from a controlled intersection, the vehicle often uses only battery power. If you can’t see it, and the gas engine isn’t making any noise, [...]

July 17th, 2009 | Posted in Auto News | Read More »

Nielsen Sees A Few Bright Spots For The Auto Industry

Nielsen Sees A Few Bright Spots For The Auto Industry

Research and statistics firm Nielsen has released more data about U.S. shopping and buying habits, and as always, the company’s findings are pretty interesting. In fact, after surveying 250,000 Americans online, Nielsen has identified a few causes for optimism in the auto industry, despite today’s flailing economy. Most importantly: Nielsen finds that people are shopping. [...]

July 17th, 2009 | Posted in Auto News | Read More »

Clean Tech Investors Open Their Wallets A Little Wider–Especially For The Auto Industry

Clean Tech Investors Open Their Wallets A Little Wider–Especially For The Auto Industry

Hot on the heels of yesterday’s news that the auto sales slump may be slowing comes news that venture capitalists are growing more adventuresome–at least in the field of clean technology. And for now, the big winner is the auto industry. According to the Cleantech Group–a research firm based in San Francisco–94 clean technology outfits [...]

July 16th, 2009 | Posted in Auto News | Read More »

Tim Jackson Speaks To Rocky Mountain Auto Press Members: State of the Auto Industry

Tim Jackson Speaks To Rocky Mountain Auto Press Members: State of the Auto Industry

Thursday, the Rocky Mountain Auto Press held a membership luncheon with a featured guest speaker. This particular speaker is no stranger to the automotive industry or politics. No, Tim Jackson, President of the Colorado Auto Dealers Association (CADA), spends his day fighting for dealer rights and equality in the auto industry. This gives Tim and [...]

July 14th, 2009 | Posted in Auto News | Read More »

Ruh-roh! Toyoda Family Execs Cite Company Mis-steps, Anticipate More Rough Going

Ruh-roh! Toyoda Family Execs Cite Company Mis-steps, Anticipate More Rough Going

Marty Padgett over at our flagship site TuningTruck.com (TCC) recently wrote a post on Toyota’s recent experience with General Motors-style problems as it assumes the role of the world’s largest automaker. While officially denying such ambitions, for the past decade or so Toyota has been engaged in a strategy of growth to reach the position [...]

July 14th, 2009 | Posted in Auto News | Read More »