Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974
The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.
The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.
Steve Parker | Posted 12.28.2008 | Business
At this year's Los Angeles Auto Show, the 205-mile per hour, $100,000, 2009 Corvette ZR1 is relegated to the very rear of the Chevrolet exhibit, like the "adults only" section in video stores.
Steve Parker | Posted 12.18.2008 | Business
Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.
Steve Parker | Posted 11.29.2008 | Business
It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.
Steve Parker | Posted 11.02.2008 | Green
Opening in the shadow of the worst auto sales in the US in over 15 years, the biennial Paris Car Show begins welcoming the public this Saturday and ru...
Steve Parker | Posted 07.29.2008 | Business
John McCain visited a GM factory and said if cars like the Volt, a plug-in gas/electric hybrid GM is developing, really do make it to market (still a question mark), "hundreds of thousands of jobs will be created." He's wrong.
Steve Parker | Posted 02.03.2009 | Business