Posted in Auto Sales on Mar 28th, 2008
The AP reports that Auto Sales in March are likely to drop again. This could be good news if you are actually in the market for a new or used vehicle. Its the end of the first quarter (a brutal sales quarter for the auto industry). Could the time be any better to negotiate a […]
Posted in Ford on Mar 27th, 2008
Ford is selling its Jaguar and Land Rover brands to India’s Tata Motors, Ltd. The deal will net Ford only a third of the cost it originally paid to acquire the two. Tata Motors will pay a fire sale price of only $2.3 billion, with the intention that the two brands will increase Tata’s reach globally while giving […]
Posted in Gas Prices, Jeep on Mar 26th, 2008
Boy, after reading Christopher Jensen’s panning of the 2008 Jeep Liberty, I wonder how it could possibly be related to the Jeep Grand Cherokee that our family mostly loves. (my youngest hates getting stuck in the middle of the rear seat!). Although the new Liberty looks like a mini Commander which looks like a Hummer […]
Posted in Ford on Mar 24th, 2008
Wait a minute! It’s not quite time to give Ford up for dead yet. The Associated Press reports that Ford took control of Romanian Auto maker Craiova on Friday. Minister Calin Popescu Tariceanu turned over control to Ford of Europe President John Fleming, saying that Ford’s investment of about $1 billion would allow Romania to […]
Posted in Ford on Mar 19th, 2008
Provocative, bold, distinctive, radical, innovative, intelligent, technologically advanced are just a few adjectives being thrown around by those in the automotive industry and those who cover it. This Ford is surely like no other, and while it may appeal too many, it’s not for everyone.
Posted in Mazda on Mar 18th, 2008
Now this is cool! Ezra Dyer’s review of the 2008 Mazda MX-5 Miata Grand Touring PRHT (power retractable hard top). It’s a 2 seat convertible sport model with a retractable hardtop roof for about $29,000. Of course, retractable hardtops are not new. They are rare though and don’t come around very often. The MX-5 is a […]
Posted in Financing on Mar 17th, 2008
The loan you qualify for today might be out of reach on Tuesday. So says Stephen Bernard, Associated Press. Well, Happy St. Paddy’s Day to you too! Because of the delinquencies and defaults in the mortgage market, bankers and lenders are rapidly changing their standards for all types of loans including auto. Changes include raising […]
Posted in SUV on Mar 14th, 2008
The higher center of gravity in a SUV make it much more susceptible to a rollover. If you happen to own a mid size SUV, do you know how it fared when it landed on its roof during a recent roller test? While the Nissan Xterra’s Roof was ranked very strong, the Jeep Grand Cherokee unfortunetly sustained much more significant damage to its roof and […]
Posted in Auto Sales, Fuel Savings, Gas Prices on Mar 13th, 2008
Interesting number in this morning’s Retail Sales Report from February. The headline number was -.6% and the core number, that is, ex autos, was -.2%. Autos continued their slide, declining 2.2% in February. But sales at gas stations were down 1.0%. As explained by CNBC’s chief ecomonist, Steve Leisman, other corroborating data give rise to […]
Posted in Gas Prices on Mar 10th, 2008
I pulled up to the pump the other day and I confess that with each whirr of the $’s, I started to think of all the places I wasn’t going to drive to because gas was so high. It’s not that I can’t afford the gas – I just don’t want to. First, the tech […]