It’s a classic David vs. Goliath type of battle, but Factory Five Racing, Inc., of Wareham, Mass., won its second battle against legendary car builder Carroll Shelby who sought to stop the firm from producing vintage replicas of his 1960s era cars.
Continue reading...Published February 11, 2010 by Josh Merva
In the month of January, 99.3 percent of the 1.8 million Chevrolet vehicles enrolled in OnStar Vehicle Diagnostics reported that there were no issues with the key components of their engine and transmission systems.
Continue reading...Published January 8, 2010 by Gerry Miles
Rolls-Royce Motor Cars has announced it retailed 1,002 cars for 2009, including 150 Ghosts to customers in December 2009. Demand for the Ghost has been exceptional and the latest Rolls-Royce has been met with universal acclaim from customers, the media and enthusiasts alike. Around 85 per cent of Ghost customers are new to the marque. More than a third of the sales totals were for Phantom models.
Continue reading...Published January 7, 2010 by Zane Merva
It’s the final day of the bidding process for the beloved Saab brand and despite GM CEO Ed Whitacre being pessimistic about the brands future, rumors have it that Genii Capital is readying a last minute rival bid.
Continue reading...Published December 14, 2009 by Eric Moretti
In yet another executive shift, GM has moved Ray Young from CFO to Vice President of International Operations. This newly created position is the latest round of musical chairs in the board room following Fritz Henderson stepping down less than a month ago. Since thing Ed Whitacre had taken over day to day operations, changed Maximum Bob’s job title, Brent Dewar, Vice President of Chevrolet left and Michael Richards left Buick after just 9 days.
If you’re having a hard time keeping track of what executives are coming and going, you aren’t alone. Needless to say it’s highly likely that this won’t be the last change we hear about in the next few months. Now GM needs to find a CEO and a CFO at least, and that’s assuming nobody else jumps ship. We know GM needed to make some changes, but the fire sale in the board room makes us wonder if this isn’t just change for the sake of change.
Continue reading...Published November 11, 2009 by Gerry Miles
IntelliChoice.com announced this week that the winner of its 2009 Best Warranty for luxury cars is Porsche Cars North America. This is the second consecutive time that Porsche’s Certified Pre-Owned (CPO) program has received this prestigious award.
Continue reading...Published October 27, 2009 by Zane Merva
Ford scored big in this year’s Consumer Reports 2009 Car Reliability Survey. As the only Detroit automaker to be labeled with “world-class” reliability, 46 of 51 Ford/Lincoln/Mercury products scored average or above average. General Motors did well with some of its new offerings but Chrysler continued to struggle. Who took home the “most reliable” and “least reliable” titles? Read on and find out…
Continue reading...Published August 20, 2009 by Zane Merva
This morning General Motors announced it would be providing cash advances to dealers equal to the amounts they are currently owed under the government run CARS rebate program. The advances will allow dealers to stay in business until the rebates are processed.
Continue reading...Published July 23, 2009 by Zane Merva
General Motors Company today announced the formation of the executive committee that will lead the new GM, as well as a number of leadership appointments and retirements.
Continue reading...Published July 10, 2009 by Zane Merva
The new General Motors Company began operations today with a new corporate structure, a stronger balance sheet, and a renewed commitment to make the customer the center of everything the new GM does.
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Published February 23, 2010 by Gerry Miles
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