Monthly Archive for June, 2009

North American Car Award Candidates Announced

2010 Acura ZDX

The North American Car and Truck of the Year is a coveted award that is awarded during the North American International Auto Show in Detroit. Although the award won’t be announced until January, the candidates for the 2010 award have just been released this week.

This year there have been a number of surprising and perhaps controversial choices of potential award winners observes Chevrolet Peoria. Some, such as the Suzuki Kizashi, have yet to even reach showrooms. But despite some odd choices, the list overall is equally divided among European, American, and Japanese brands.

The total list includes 37 vehicles. Not to anyone’s surprise, Chrysler did not have any vehicle that made it on to the list. Saginaw Chevrolet dealers say that deciding who will win the coveted award for North American Car and Truck of the Year will mainly be automotive journalists that are based in North America. Unfortunately, we’ll have to wait next year to see who will win.

To make it onto the list, Honda New York points out that a vehicle has to either be all-new or substantially updated when compared to the previous model year. This year the awards win to the Hyundai Genesis and the Ford F-150. With so many exciting new vehicles emerging for the 2010 model year, Washington DC Auto Parts expects that the outcome will be highly anticipated as automakers vie for the attention of skittish car buyers.

To see the full list of 2010 candidates, see the full list below. Continue reading ‘North American Car Award Candidates Announced’

Ford May Consider Geely as Potential Volvo Buyer

Volvo Remains for Sale

Ford has been proactive in getting rid of ailing assets lately, including included Jaguar, Land Rover, and even Aston Martin. But one brand that Ford has been slow to remove from its umbrella is Volvo. The Swedish automaker has not attracted promising offers, but recent reports suggest that Chinese automaker Geely is currently a front-runner to purchase Volvo.

News sources in China have reported that Geely has submitted a letter of intent to purchase the company from Ford. However, Ford has not yet released any details regarding a potential purchase notes St Paul Used Cars, but no other names of potential buyers have yet surfaced.

With Volvo suffering from layoffs and sales setbacks, Boston Auto Loans suggests the automaker could benefit from producing cars in Geely facilities in China. The reported offer will include a total investment of up to $10 billion. In addition to potential China-based production facilities, Geely also hopes to assist in the development and deployment of the next generation XC90, which should reach Nashua Volvo Service showrooms within two years.

While Ford has recently denied the sale, and Volvo remaining silent on the issue, Geely appears to be the most likely candidate as a potential buyer. Volvo Service Jersey City points out that other Chinese automakers have also been mentioned as viable buyers.

Since the Swedish government has pledged loans to the automaker to help it limp through the current recession, Volvo New York believes the Volvo brand has become somewhat more attractive for potential buyers. For a Chinese automaker, the Volvo brand would be quite attractive as Volvo has a fairly large dealer network within the lucrative North American auto market, which Chinese automakers have yet to gain. As Volvo’s estimated value continues to plummet, it’s likely that Ford wants to see a sale sooner rather than later. Continue reading ‘Ford May Consider Geely as Potential Volvo Buyer’

Nissan GT-R A Good Value But Expensive to Insure

Most and least expensive to insure

The Nissan GT-R is arguably a good value. Compared with other sports cars that deliver the same performance, the Nissan GT-R is cheaper, more affordable (relatively speaking of course), and benefits from and reliability of Japanese engineering. But one way in which the GT-R is more expensive than its rivals is in insurances costs.

Based on estimates for an adult male, the Nissan GT-R is the most expensive car to insure according to insurance quotes from Insure.com. Comparing twenty of the most expensive vehicles and twenty of the least expensive vehicles, the GT-R is hands down has the highest car insurance rates, requiring about $2,500 to insure.

The high insurance rates for the Nissan GT-R are based on the fact that customers will be buying this car specifically for its speed admits Alexandria Nissan dealers. As such, insurance companies will charge a premium warns one used car dealer Los Angeles since there is a greater risk of accidents. Other vehicles that ranked high on the list of most expensive vehicles to insure include the Dodge Viper and BMW M6. Aside from sports cars, SUVs also made their way on to the list. These included the Land Rover Range Rover, Hummer H2, and BMW X6.

Also included were the least expensive cars to insure. To Hyundai Washington DC’s delight Hyundai and Kia dominated the top of this list. At the top was the Hyundai Santa Fe, which is no surprise to Los Angeles auto loans specialists as the Santa Fe balances safety and value well. Also included on the list were vehicles known for safety and/or family hauling such as the Honda Odyssey and the Volkswagen Passat. Check out the full list below. Continue reading ‘Nissan GT-R A Good Value But Expensive to Insure’