Japanese, Korean Automakers Benefit From Cash For Clunkers

September 21, 2009

With the Cash for Clunkers program officially decreased, results show that the biggest winners in the program were Japanese and Korean automakers. As the Detroit Big Three suffered from bankruptcy and/or negative consumer perceptions, it seems that a potential $4,500 rebate wasn’t enough to make help GM or Chrysler gain any market share.

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Dealers Brace for Cash for Clunkers Aftermath

August 26, 2009

Following the intense influx of new car sales that were spurred by the doomed Cash for Clunkers program, the program has officially ended Monday, leaving many showrooms around the country void of new car buyers once again.

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Troubled Cash For Clunkers Program Continues

August 11, 2009

Giving money away is certainly one of the best ways to stimulate a frenzy. Case in point is the Cash for Clunkers program, which had quickly burned through its $1 billion budget before Congress approved the allocation of another $2 billion last week to keep the program afloat.

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Cash For Clunker Fuels Toyota Sales

August 5, 2009

Toyota sales dropped about 11 percent in the month of June. While not a positive outcome, it was a signal that the industry’s recovery may be underway.

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The Changing Face of Buick

July 28, 2009

Buick is one of the few brands to remain with the GM brand following bankruptcy. With the likes of Hummer, Pontiac, Saab, and Saturn leaving the fold, it’s wondered what’s in store for the Buick lineup in the near future.

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All-New Chevrolet Camaro Outsells Mustang

July 14, 2009

Both the Chevrolet Camaro and Ford Mustang are all new for the 2010 model year, and it was only a matter of time to see which one claimed the top muscle car spot. With both models offering new styling, new features, and new attitude, it was the Chevrolet Camaro that successfully outsold the Mustang in the month of June – the first time since 1993.

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North American Car Award Candidates Announced

June 25, 2009

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.

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Ford May Consider Geely as Potential Volvo Buyer

June 19, 2009

Ford has been proactive in getting rid of ailing assets lately, which has 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 frontrunner to purchase Volvo.

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Nissan GT-R A Good Value But Expensive to Insure

June 8, 2009

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.

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High Demand for the 2010 Toyota Prius Creates Allocation Problems

May 26, 2009

Demand for the all-new 2010 Toyota Prius remains high both in Japan and in North America. Here in the U.S., Toyota’s latest advertising campaign for the new 2010 Prius is in full swing and demand continues to brew. However, the demand for the latest Toyota hybrid is causing production dilemmas as Toyota has been inundated with orders that it is struggling to fill.

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