Mar 31
Daily Auto News
When former General Motors CEO Rick Wagoner arrived in Washington for the second time to plead for federal aid in December, he drove to Congressional hearings in a prototype of the car he argued showed the bright future of GM: the 2010 Chevy Volt. Able to travel up to 40 miles on nothing but battery power before its gasoline engine ignites to recharge its batteries, the Volt is supposed to revolutionize the American relationship with gasoline.
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Mar 31
Daily Auto News
The AP reports, “Ford Motor says it is offering a payment protection plan to help reassure consumers who may be putting off a car purchase because of worries about losing their job.” The automaker “said Tuesday it will cover payments of up to $700 each month for up to a year on any new Ford, Lincoln or Mercury vehicle if consumers lose their jobs. The program runs until June 1..
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Mar 31
Daily Auto News
Autoblog reports, “General Motors has announced a new incentive program that it hopes will encourage people to enter the car buying market again. Called GM Total Confidence, the program has four prongs that includes Payment Protection if you lose your job, equity assistance if you trade in your vehicle later for another one from GM, one year of OnStar and the automaker’s 5-year/100,000-mile powertrain warranty..
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Mar 31
Auto news; Ministers’ £16k parking fine bill Ministerial cars were slapped with £15,930 worth of tickets in 2007-08 – and taxpayers have to foot the bill.
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Mar 31
Auto news; Buyers ‘win’ Nano with golden ticket Tata is to set up lottery system to manage huge demand for the new Nano.
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Mar 31
Auto news; Drop-top firm under threat Vauxhall says Tigra won’t be hit if producer Heuilez goes to wall.
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Mar 31
Auto news; GM’s chairman ‘asked to leave’ by Barack Obama President asks Rick Wagoner to step down and calls for better restructuring plans before any more hand-outs
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Mar 31
Auto news; Fresh-faced Range Rover in light show Prototype was caught on test, and camouflage covered its LED lamps.
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