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Once Cash for Clunkers was finished, September auto sales plummeted.

Once Cash for Clunkers was finished, September auto sales plummeted.

Later in the month of August, car dealers and manufacturers participated in Cash for Clunkers and the program was a success because it got a lot of gas guzzling cars off the highways and it helped some citizens be able to get a new car …

Nissan to cut jobs

Nissan is looking at its first yearly loss in nearly 9 years. The loss is expected to be around $2.9 billion U.S. or 265 billion yen. In response to the loss and the poor economic conditions, the auto maker is planning on cutting 20,000 jobs. …

The United Auto Workers’ role in the auto bailout

In a 20/20 segment titled “Gimme A Break” John Stossel said “Toyota isn’t asking for a bailout. Neither are Honda or Nissan. Yet, they all sell and build cars in America.” He says that Honda just opened a new plant and is producing MORE cars.
So …

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 …

GM extends employee pricing through September

Looks like GM isn’t selling enough of their “death traps” vehicles, so they have decided to continue the employee pricing through September.
Today they reported a decrease in sales again, 20.3% less than last year for August. Still, that’s better than the 31% drop from …