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Some Chevy dealers turn down additional Volt inventory
Mon, 23 Jan 2012Some Chevrolet dealers are turning down Volt EVs that General Motors wants to ship to them, a potential stumbling block as GM looks to accelerate sales of the plug-in hybrid. For example, consider the New York City market. Last month, GM allocated 104 Volts to 14 dealerships in the area, according to a person familiar with the matter.
Obama calls for shared sacrifice in auto bailout
Fri, 16 Jan 2009President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.
Restyled 2014 Mazda 3 preens in Frankfurt
Tue, 10 Sep 2013The new Mazda 3 made its first auto show appearance on Tuesday in Frankfurt. It's the first time we've seen the hot hatch since its five-city launch in June that coincided with the 10-year anniversary of the first 3. It's the third member of the family to use the Kodo design style, which means “soul of motion.” Here in the States, the 3 will offer two gasoline engines, both with direct injection.