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Can't Win For Losing: Chrysler kills Cash for Clunkers incentives after running out of cars?

What do you do with a program that is driving so many customers into your showrooms that inventory is now running low? If you are Chrysler, and it's the popular incentive plan tied to the government's C.A.R.S. (a.k.a. "Cash for Clunkers") program, you extinguish it and replace it with a new, less attractive version. Really. The Wall Street Journal is reporting that as of Tuesday, Chrysler Group LLC will no longer automatically add another $4,500 of its own incentives on top of the $4,500 CARS rebate. Instead, the company will vary the size of ... Read more →

Mopar pulls sponsorship of Sam Hubinette's drift team Damon Lavrinc

In an unsurprising turn of events, Chrysler has pulled its sponsorship of Sam Hubinette's drifting team as part of the company's restructuring plan. The bankrupt automaker's Formula Drift program ...

REPORT: Nissan cancels RWD Silvia successor and GT-R sedan, Prius-fight planned Damon Lavrinc

We knew this was coming, it was just a matter of getting confirmation. According to Autocar, Nissan has suspended plans to create a compact, rear-wheel-drive successor to the Silvia due to Nissan's ...

JAMA says Tokyo Motor Show may be cancelled Michael Harley

Blaming the global financial crisis, and the fact that fewer non-Japanese automakers have signed up to exhibit, the Japan Automobile Manufacturers' Association is in the midst of debating whether or ...

Another one bites the dust: Mitsubishi pulls out of Detroit Auto Show Michael Harley

Eight weeks from now, the 2009 Detroit Auto Show will open its doors at Cobo Hall. And... Mitsubishi won't be there. Like a handful of other high-profile manufacturers who have pulled out ...

Chevy to temporarily halt Vette production due to economy 1 year ago on Autoblog

It's been more than a decade since the "recession-proof" Chevrolet Corvette had to endure a production cut due to excess dealer inventory, but that's apparently the case once again. Citing slow sales related to the ongoing automotive recession, GM will turn off the Corvette's factory lights ...

Rumormill: Lexus LF-A... Stillborn? 1 year ago on Autoblog

Click above for a high-res gallery of the Lexus LF-A concept. The writing has been on the wall for some time. Although the Lexus flagship graduated from "concept" to "prototype" when it campaigned in the 24 Hours of Nurburgring, Toyota has refused to even hint at a production date for the V10 ...

REPORT: Volvo XC90 replacement cancelled 1 year ago on Autoblog

If you're on the list of OEM component suppliers for the planned replacement of the Volvo XC90 sport-ute, don't read this article, because you haven't been informed yet. For everyone else, however, reports are emerging that Ford PAG has pulled the plug on the Swedish subsidiary's flagship SUV. ...

Hammond to BBC: show the crash and me in the hospital 3 years ago on Autoblog

From his hospital bed, Top Gear's Richard Hammond is asking the BBC to show on television the footage of the crash that put him there. But the BBC has said the show will only continue when Hammond is able to appear on it. With forces at work to have the show canceled (or prohibitively curtailed), ...

Trailblazer may blaze its last trail ahead of HUMMER replacement 3 years ago on Autoblog

Analyst Rebecca Lindland from Global Insight Inc. is going on the record saying it's likely General Motors will cancel the Trailblazer (SS model shown) after the current model ends its run around 2010. Its replacement would emerge in the form of the Hummer H4, which would fill the role of GM's ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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