At the same time, as Chrysler and GM are eliminating several thousand dealerships, three more global companies are working to enter or expand in us states. According to an Automotive News report, India's Tata Motors, a Chinese company, and even a new branch of Roger Penske's automotive group searching at stocking Saturn dealerships with Korean autos.
For this reason, it is no wonder consumers focused most of their attention on smaller cars that are more fuel efficient instead of trucks, which are a bigger percentage of sales for automakers like Ford in March. "Toyota probably better than anybody offers the ability to anticipate where industry is headed," said brand analyst Erich Merkle of IRN Inc. in Grand Rapids. "Scion's many custom options will help it to be a hit among this youthful crowd," he added. Bad -- Dealers reported they cannot get in the Cash for Clunkers how does someone apply for re-imbursement with the $4,500 and $3,500 they gave to new car buyers. Hey, when the bureaucrats develop a 13-page application for a refund, it's gonna require sometime. GM's 13-member board is with the midst on the two-day meeting in Detroit, during what one of the subjects at hand--other than Young's departure--is not able to Opel, which has been losing money for GM, and might sold. Today's automotive news is reporting that analysis bankruptcy judge has approved the sale of Vehicle best assets to a newly created company. This certainly will allow brand new service to emerge from bankruptcy with new government ownership. It should be noted that using ethanol-based fuel adorecar in engine that wasn't created for it will destroy the engine. Ethanol is rated at anyway 100 octane, as opposed to 89 or 91 for normal prepaid gas. Simply put, it will cause the engine to amplify. If your vehicle has forced induction in the form of a turbo or supercharger, it is far more readily capable of handling it, but a car not ready for it's destroyed. What the automakers (and now the federal government) should take off this quick to learn about. Build vehicles the public wants to have and they'll purchase associated with them. Build vehicles the public does not; repeat not, want and they can sit unsold on dealer lots.
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