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Ford, Toyota, Hyundai and Honda are the big winners in the Cash for Clunkers program

Ford, Toyota, Hyundai and Honda are the big winners in the Cash for Clunkers program

The Cash for Clunkers program seemed to be a hit for those automakers while others got left behind. However, the problem will come up over the next few months when no one is purchasing autos through the fall. Even with clearance specials that come out …

7500 GM workers set to take early retirement

7,500 workers equals to about 12 percent of GM’s total workforce (not including other manufacturers in the supply chain, of course).
GM’s incentive to retire early was $20,000 and a $25,000 voucher for the purchase of a car.
The workers who put in their early retirement …

While everyone esle is posting losses for 2008, Subaru actually managed a gain

All of the car companies are posting losses. All of them except Subaru. The increase in demand for the Forester and Impreza helped fuel the increase in sales for 2008.
From the AP:
Subaru’s December sales fell 7.7 percent to 17,287 units from 18,739 in December 2007, …

Buy one get one free cars?

Pick almost any day of the week and you can walk into a Payless Shoe store and get some sort of Buy one Get one special. The same applies for grocery store items…However, it’s not everyday that you can buy one get one free automobiles.
Recently, …

2009 Nissan Versa, the most inexpensive new car in the U.S.

The 2009 Nissan Versa base model was once around $12k, now due to the poor economic conditions the automaker is going to release a cheaper, scaled down version of the Versa. The MSRP? $9,900.
The price is actually really good for a new car, and …