Some owners of cars involved in the recent mass recall of GM vehicles with faulty ignition switches will no doubt remain loyal to the car company when it comes time to purchase their next vehicles. But others are no doubt considering looking elsewhere, especially as it becomes more apparent that GM took great lengths to avoid this recall for seven or eight years. In an effort to placate the former group and hold on to the latter, GM is offering $500 credit toward the purchase of a new GM vehicle. [More]
If you bought or leased a new car in the Toyota family from Jan 1, 2001 to April 30, 2003, you could get some cash in a new class action lawsuit. The lawsuit alleges a conspiracy between Toyota Motor Sales, U.S.A. and the Canadian Automobile Dealer’s Association (CADA) to keep Canadian car exports out of the states and raise prices for American consumers. [More]
A new study by an insurance industry analytics service reveals the vehicles with the highest and lowest percentages of traffic violations. Of the top 10 automobiles with the most violations, three of them were made by Mercedes-Benz. On the opposite end of the scale, 6 of the 10 least ticketed cars were GM models. [More]
GM has announced that it is recalling 1.2 million vehicles to address a power steering problem that has been linked to 14 crashes and one injury. [More]
The Pontiac G8, from what we can tell, is considered the only Pontiac worth saving — and so it has been saved. It’ll now be known as the Chevrolet Caprice, according to USAToday.
GM released a new plan to avoid bankruptcy today, and the cuts are deep. The U.S. Treasury would own at least 50% of the company and the failing Pontiac brand would be completely eliminated.
Here’s a weird symptom of the disease that’s killing the auto industry — empty car dealerships, some of which are still open for business.
Consumer Reports’ annual car issue is here, and with the death-spiraling economy in mind, they’ve identified the most reliable used cars for all of you value-conscious consumers. Hey, there’s even an American car on the list!
GM desperately wants an invite to the bailout party — and has submitted a request for $12 billion dollars. In return, GM will attempt to return to profitability by “explor[ing] alternatives for the Saturn brand,” as well as cutting “product offerings” at Pontiac.
General Motors has recalled 313,000 vehicles over concerns that a fluid leak could send motorists sliding brake-lights first into hedges. The recall, however, won’t begin until February 2008.
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