Chevy Volt Based Cadillac Converj Given Green Light
Cadillac Converj Concept
General Motors will be bringing the electric Cadillac Converj to market, according to the Detroit News.  The Converj was first seen as a concept car in 2009 and received a lot of attention from the media and consumers.  The Converj will be based on the Chevy Volt electric car, which will go into production this month. Cadillac Converj Concept The Cadillac Converj and the Chevy Volt on which it is based will be able to travel up to 40 miles on pure electric power before the gasoline generator... Read Full Story
The Ford Inflatabel Seat belt Airbag Could Prevent Injuries to Children
Ford has introduced the first ever seat belts that include an inflatable airbag to help prevent head and neck injuries in a car crash. The seat belt airbags are designed only for rear seats and will debut in the next generation Ford Explorer. The seat belt airbags spread the force of a collision over five times the area of a typical seat belt, which reduces pressure on the chest and limits head movement. Ford says that the inflatable seat belts will be especially good at reducing head and ... Read Full Story
Is Hummer Going Green?
The Hummer brand of off-road trucks has become a posterchild for anti-environmentalism over the past decade, but that could change under the new owners. The company has announced that the 2010 Hummer H3 will be available with a flex fuel engine that can run on E85 fuel, according to Autoblog. With Hummer becoming a standalone company, the off-road truck maker is facing the daunting task of meeting the U.S. Government’s gas mileage requirements without help from the small cars sold by C... Read Full Story
European New Car Incentives for November
For the month of November, European carmakers are offering some great deals on their newly introduced 2010 models. Only VW is advertising incentives on 09 models, but that doesn’t mean you shouldn’t consider shopping for a leftover if you’re looking for a higher end car. You could save a ton if you’re willing to put your ego aside and drive last year’s model. The Land Rover LR2, LR4 and Range Rover are all available with 0% financing for the month of November. ... Read Full Story
Foreign Incentives For November
In November, buyers can take advantage of an increase in leasing incentives from the foreign automakers. Most of the lease specials are on the new 2010 models. Manufacturers are also offering big savings on 2009 models, as they try to clear them off dealers’ lots. Honda – Honda is offering only one auto loan incentive in November, but several lease incentives. Honda’s 2009 and 2010 Civic can be purchased with 1.9% financing for 36 months or 2.9% for a 60-month car loan. The 2010 Accord, Civic... Read Full Story
November 2009 American New Car Incentives Highlights
The best new car rebates and incentives for this month are on leftover 2009 models. Because of slower than expected sales over the past year, dealers are stuck with large stocks of unsold cars and truck from last year. Manufacturers are more desperate than ever to unload the remaining inventory of 2009 cars and trucks to help sell some of the 2010s that were just released. In the wake of the news that Saturn will be closing down for good, the company is offering the choice of either $4,000 of... Read Full Story
Ford Increases 3% in October, GM Up 4%
October auto sales numbers are in and Ford is wowing everyone by announcing its $1 billion third quarter profit Monday. Not only that, Ford saw a 3.1% increase compared to October of last year. “Consumer demand for our new high-quality, fuel-efficient products is driving Ford’s market share gains,” said Ken Czubay, Ford vice president, U.S. Marketing Sales and Service. “Ford vehicles are among the ‘freshest’ available by any automaker – with more than... Read Full Story
Ford Shocks Industry With $1 Billion Profit
Ford Motor Company announced today it had a net income of $997 million in the third quarter. Compared to the same time period a year ago, Ford saw an increase of $1.2 billion. This marks Ford’s first operating profit since the first quarter of 2008, the AP reports. “Our third quarter results clearly show that Ford is making tremendous progress despite the prolonged slump in the global economy,” said Ford President and CEO Alan Mulally. “Our solid product lineup is leading th... Read Full Story
GM Extends Money-Back Incentive Program Into Early Next Year
General Motors is extending its vehicle return program into early 2010. GM says the money-back guarantee, named “May the Best Car Win”, is getting consumers to consider the automaker’s vehicles. GM launched the campaign in September as a way to get consumers to try GM cars and trucks with minimal risk, the AP reports. Car buyers can return a vehicle between 31 and 60 days after purchase if they aren’t completely satisfied. It was originally scheduled to end Nov. 30, but will now last until Ja... Read Full Story
GM Expected to Announce Year-Over-Year Sales Gain For October
October is expected to be a big sales month for General Motors. The automaker will reportedly announce the first year-over-year sales gain in 21 months, CNNMoney.com reports. When manufacturers announce their October sales figures next week, GM is also expected to announce that it has gained market share for the third month in a row, said GM executive director of corporate planning, Mike DiGiovanni. Comparing September 2009 to September 2008, GM’s sales were down 45%. Although the cash ... Read Full Story