Asian vehicles top Consumer Reports auto ranking — again
The News Review:
- Asian vehicles top Consumer Reports auto ranking — again
- Nissan will skip Detroit auto show again in 2010
- Auto Club: Analysis Shows Large Reduction in Deaths for ther Road …
- As GM losses deepen bankruptcy fears grow
- Federal Aid Request For Auto Suppliers n Temporary Hold
Asian vehicles top Consumer Reports auto ranking — again
Los Angeles Times
Chrysler which is attempting to restructure with the help of government loans said it expected to see the reliability scores of its vehicles improve based on declines in warranty claims. In Consumer Reports’ first-ever ranking of “best new-car value” the magazine’s top pick was the Toyota Prius hybrid which was cited for comparatively low cost of ownership high fuel economy and relatively high road-test scores. Full results can be found at. org and in the magazine’s annual auto issue which goes on sale Tuesday.
Nissan will skip Detroit auto show again in 2010
Chicago Tribune
spokesman calls “severeand prolonged” economic headwinds are strong enough to keep theJapanese automaker away from the 2010 North American InternationalAuto Show. Nissan bypassed the Detroit show this year but spokesman ScottVazin says the Motor City isn’t being singled out again. Nissansays it plans exhibits only at the New York Shanghai Tokyo andGeneva auto shows this year and is reviewing its presence at 2010shows. Bypassing other major shows and dozens of regional ones is oneof many cost cuts Nissan is making to cope with plunging globaldemand. The automaker projects a $2. 7 billion loss for the fiscalyear through March. Nissan says it will use other marketing tactics with the ninenew models planned for this year.
Related from Yolog: Nissan Widens Japan utput Cuts as Car Demand Falls
Auto Club: Analysis Shows Large Reduction in Deaths for ther Road …
MSNBC
From 1998 through2007 young drivers ages 15-17 killed in teen driver crashes dropped by27 percent (from 1134 to 823). “The drop suggests the effectiveness of the GDL laws over that time periodand underscores the positive link between teen driver safety and everyone’ssafety on the road. This should be a clear signal to parents to reinforceand follow GDL along with their teen” said Steven A. theAuto Club’s senior research associate. “That’s especially significantbecause crashes of older drivers weren’t declining nearly as quickly asthose of younger drivers.
As GM losses deepen bankruptcy fears grow
Detroit Free Press
Now Washington will have to decide whether it makes sense to loan more money to GM after the company reported an annual loss of $30. Company executives met with the bama administration’s auto task force for about six hours outlining the need for as much as $16. 6 billion that it has been seeking — in addition to the $13. 4 billion already given. Several industry analysts said Thursday’s loss while larger than predicted was not a complete shock and only underscored the need for more federal assistance. “The last thing that Washington needs is more proof that GM is doing poorly” said Aaron Bragman an industry analyst with IHS Global Insight.
Federal Aid Request For Auto Suppliers n Temporary Hold
CNNMoney.com
5 billion in federal aid for auto-parts makers is temporarily on hold after the U. Treasury Department asked formore information. The government wants clarification on the different challenges facing both thelarger and smaller suppliers to determine where best to provide help accordingto two people familiar with the discussions.
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