Posted in Ford, Fuel Savings, Gas Prices on May 14th, 2008
Ford Focus Debut? Will it be safe or will its theme song be “I’m Goin Home”. The 2009 Focus will be revealed this evening on American Idol. The new model will be a bit sportier and quicker due to drive ratio changes. It’s expected to be offered in September for a starting MSRP of $15,920. I […]
Posted in Electric Cars, Nissan, Renault on May 12th, 2008
Will Renault-Nissan invest close to a billion dollars in Project Better Place (a California based company) currently working on an Israeli backed Electric Car project? That’s the word from Better Place CEO Shai Agassi who indicated as much at a recent news conference to introduce the prototype for this project. According to Agassi, Renault-Nissan is in for anywhere between $500 million to a […]
Toyota announced that its profit for the first quarter of 2008 declined 28%. They also guided down for the next year, expecting a 27% decline. Shrinking US sales and the declining dollar have helped sink the mega auto maker. Toyota is the second largest automobile manufacturer, only outranked by General Motors. What do they do? […]
Posted in Chrysler, Fuel Savings, Gas Prices, Incentives on May 7th, 2008
Chrysler is putting a new gas cap on many of its new vehicles. Not the one that covers the actual gas tank. It’s a cap on gas prices that customers will pay. Will Chrysler sales, down 18% in the first quarter, be a-risin? (I sound like a teaser ad for the 11:00 news!) Chrysler has […]
Posted in Financing on May 1st, 2008
Mike Jackson, CEO of AutoNation, once again appeared on CNBC this morning. Of all of talking heads, he seemed to make the most sense with his comments on the Q1 Advance GDP number of .6 up. Jackson cut through the +5.5 exports number and said that we are in a domestic recession which all the […]