GM Approaches Bailout Payback with New Strategy

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General Motors is ready to complete their bailout deal with the government, and it looks like they may be going to foreign soils to get what they need. GM received a $50 billion loan from the government through the bailout program, and has paid back $6.7 of this loan back. Rumor has it that GM […]

Nissan Announces Luxury Electric

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Nissan just announced its plans to enter the electric car ring, and they are doing it with style. In late September, Nissan released a sketch of the new luxury electric vehicle they plan to add to their line sometime later this year. The Detroit Free Press reports that the all-new Infiniti EV will be based […]

BMW Prices Rise

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While many costs are going down around the country, there are some brands that can afford to stay up. Luxury vehicle brand BMW announced in late September that, “it will raise prices on most U.S. models an average of 1 percent effective October 1st,” according to an article on autonews.com. The increase breaks down close […]

Audi Revolution

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Audi is stepping up its game, right at our fingertips. According to an article on USAToday.com, Audi will be releasing an even more convenient navigational system in their new A8. This “luxury flagship” is available for purchase in November for $80,000. Traditional navigation systems are slowly being outdated by newer navigational systems in phones and […]

Fit Problems

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If you are a Honda Fit owner and have been experiencing headlight problems, you are not alone. USAToday.com reports that the government has began an investigation of the subcompact car. Several consumers have reported, “that the vehicle’s low-beam headlights stopped working.” The investigation will include 133,000 cars produced from 2007 to 2008. The National Highway […]

Welcome the Leaf

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Reservations aren’t just for popular restaurants. Consumer excitement is mounting for the wave of the future – electric cars. Nissan is enjoying this elevated excitement, as they reached their goal sale number for the new all-electric Leaf. According to an article on USAToday.com, Nissan obtained 20,000 reservations for the electric wonder. This goal was met […]

Scootin’ In

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Looks like BMW’s Mini brand is not content just to stay in the car business. According to an article on USAtoday.com, Mini shared three concepts for a Mini Scooter E at the Paris Motor Show in late September. Apparently, the E stands for electric. Clever. Reportedly the scooters will be, “spontaneous, flexible, CO2-free mobility. Using […]

More than Forty?

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Chevrolet may have more to brag about with the new electric Volt than originally projected. An article on freep.com reports that Chevrolet may be able to promote its Volt as being able to obtain 50 miles on battery power alone. Previous numbers claimed that the Volt could only go for 40 miles before the gas-powered […]

CarMax Doing Well

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Although reports claim that the recession is officially over, Americans are still on shaky economic ground. Fortunately, some companies are reaping the benefit of this trend. The Detroit Free Press reports that CarMax experienced significant growth in their second quarter. CarMax, a chain of used car dealerships, announced that its profit increased almost 5% in […]

Mike Jackson Spots More Fault

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Apparently, the recession is teaching the auto industry more than just to save pennies. Mike Jackson, CEO of Auto Nation (America’s largest car retailer), has been vocal these past weeks analyzing the auto industry’s failures, how they plan to fix them and hope for the future. Jackson pinpointed, “the practice of building more cars than […]

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