trucks

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Chrysler to Scrap Leasing
 Chrysler to Scrap Leasing
Jul 26, 2008 12:07 PM CDT

Chrysler to Scrap Leasing

Struggling automaker says it will focus more on financing loans

(Newser) - Chrysler will no longer offer auto leases through its financial arm, due to the declining value of used automobiles, particularly trucks and SUVs, the Detroit Free Press reports. Instead, it plans to focus on financing, which could lead to better deals for those who buy cars through loans. Given the...

Ford Posts $8.7B Loss, Will Make Fewer Trucks
Ford Posts $8.7B Loss,
Will Make Fewer Trucks 
Earnings
Jul 24, 2008 9:08 AM CDT

Ford Posts $8.7B Loss, Will Make Fewer Trucks

Writedowns lead to ugly quarter

(Newser) - Ford Motor Co. lost $8.67 billion in the second quarter and will retool two more North American truck and SUV plants to build small, fuel-efficient vehicles, the company announced today. The net loss includes $8.03 billion in writedowns due to a decline in the value of its truck...

Why Dodge Drivers Totally Suck
 Why Dodge Drivers Totally Suck 
Opinion
Jun 25, 2008 11:46 AM CDT

Why Dodge Drivers Totally Suck

Rams are the new Harleys, thanks to low sales

(Newser) - Of all the rules of the road, there is one cardinal, hands-down, no-exceptions tenet: “The guy who ignores the stop sign, who blasts past me in a no-passing zone, who plays chicken on a potholed strip of county two-lane, drives a Ram,” Benjamin Percy writes in Esquire. Dodge...

GM, After 16% Sales Dive, Eases Finance Options

No-interest loans, for up to 6 years, on models including pickups and SUVs

(Newser) - General Motors is offering no-interest financing for up to 6 years on a selection of its 2008 automobiles in an effort to boost US sales, which plummeted 16% in May, Bloomberg reports. Soaring gas prices have hurt sales across the board, and falling trade-in values and general tightening of purse-strings...

Plunging Truck Sales Drive Ford Deeper Into the Red

Shift away from large vehicles means a rocky road ahead for Detroit's Big 3

(Newser) - Ford's recovery plans have been sent careening off the road by the continuing drop in truck and SUV sales, the Wall Street Journal reports. The company, which now expects this year's losses to top 2007's $2.7 billion, has given up hope of being back in the black by 2009....

7 Killed in Tokyo Stabbing Spree
7 Killed in Tokyo
Stabbing Spree
Jun 8, 2008 7:36 AM CDT

7 Killed in Tokyo Stabbing Spree

10 more wounded after man drove truck into pedestrians in electronics district

(Newser) - A Japanese man plowed his truck into Tokyo pedestrians before jumping out and stabbing them, killing at least 7 and wounding 10 more, the AP reports. Police nabbed a 25-year-old man in the attack, which occurred in the city’s leading electronics district, a hotspot for young people. The suspect...

GM to Close 4 Truck/SUV Plants, Reassess Hummer

Public taste turns away from big cars

(Newser) - GM will close four of its North American truck and SUV factories, the company announced today, as the public interest in gas-guzzlers wanes. The Hummer brand is also under “strategic review,” with all options on the table, "from a complete revamp of the product lineup to a...

SUV Credit Crunch Rolls Over Ford
SUV Credit Crunch
Rolls Over Ford
May 30, 2008 10:18 AM CDT

SUV Credit Crunch Rolls Over Ford

Sinking value of big vehicles crashes auto firm's credit wing

(Newser) - Ford's plans to get back in the black are being forced off the road by woes at its lending arm, the Wall Street Journal reports. The auto giant made a lot of cut-rate loans on trucks and SUVs in recent  years and has been unable to recoup losses on bad...

2 Dead, 21 Hurt in Chicago Truck Crash

Semi barrels into bus stop and train station during rush hour

(Newser) - A speeding semitruck barreled into a Chicago train station today, killing two people and injuring 21—11 critically, the Chicago Sun-Times reports. Coming off a freeway in rush hour, the truck hit a bus stop, wedged under a train overpass, and crashed "several steps" up the train platform escalator,...

Chrysler Will Shut Down for 2 Weeks
Chrysler Will Shut Down
for 2 Weeks
Mar 13, 2008 1:32 PM CDT

Chrysler Will Shut Down for 2 Weeks

Forced July vacation part of automaker's revamping effort

(Newser) - Chrysler plans to shut down all operations for two weeks in July to save money and “accelerate Chrysler's recovery and transformation,” CEO Robert Nardelli writes in a company memo. Employees will take a forced break July 7-20 “in order to create better alignment and efficiency across organizational...

2008's Most Overpriced Vehicles
2008's Most Overpriced Vehicles
Jan 6, 2008 9:37 AM CST

2008's Most Overpriced Vehicles

Dodge Ram pickup tops Forbes' list

(Newser) - Don’t be fooled by a dealer discount when buying a new car—it might just be a sign that the car is priced too high to begin with. Forbes names the vehicles it finds the most overpriced:
  1. Dodge Ram 1500
  2. Mercury Grand Marquis
  3. Ford F-150
  4. Dodge Durango
  5. GMC Envoy
...

Calif. Sues EPA Over Emissions
Calif. Sues EPA Over Emissions
Jan 2, 2008 2:21 PM CST

Calif. Sues EPA Over Emissions

15 states join fight to limit greenhouse gases from cars and trucks

(Newser) - California, joined by 15 other states, filed suit today against the Environmental Protection Agency for rejecting its plan to limit greenhouse gases on cars, trucks, and SUVs. Gov. Arnold Schwarzenegger said the Bush administration is "ignoring the will of millions" by ruling that Congress' recent boost in fuel-efficiency standards...

Volvo Recalls 125,000 Trucks in US for Fire Threat

Swedish truck maker is recalling three models built between 2003 and the present

(Newser) - Volvo is pulling 125,000 trucks in North America into the shop to fix an electrical fault that could cause fires, reports the AP. Volvo VN and VT tractors and its VHD dump trucks built since 2003 are being recalled. Volvo in 2006 recalled 42,000 VN and VHD models...

Trucks Pack on Illegal Pounds
Trucks Pack on Illegal Pounds
Nov 15, 2007 1:17 PM CST

Trucks Pack on Illegal Pounds

Light penalties, costly gas make cheating attractive; roads and bridges take beating

(Newser) - More American truckers are carrying illegally heavy loads, looking to offset diminished manpower and skyrocketing fuel prices—and light fines encourage cheating, the Christian Science Monitor reports. With road damage at issue following August's Minnesota bridge collapse, 30% of trucks are reportedly overloaded—and each of the 8 million tractor-trailers...

Hybrid Trucks Get Stuck in Neutral
Hybrid Trucks Get Stuck
in Neutral
Nov 12, 2007 4:50 PM CST

Hybrid Trucks Get Stuck in Neutral

Technology remains too expensive, leading to low demand, higher prices

(Newser) - Hybrid truck sales are sputtering because the technology is too expensive, and companies ordering vehicle fleets won’t pay extra for environmental benefits alone. But without bulk orders, economies of scale aren’t kicking in. One truck company president says government tax breaks or subsidies are needed to boost hybrid...

Top Rides of 2008
Top Rides of 2008
Nov 10, 2007 4:34 PM CST

Top Rides of 2008

Popular Mechanics rolls out 2008's hottest rides

(Newser) - Popular Mechanics test drove a fleet of upcoming cars and trucks to conceive this list of 2008's best rides, in ten categories:
  1. Design: Nissan GT-R
  2. Value: Scion xB
  3. Energy efficiency: GMC Yukon Hybrid and Chevrolet Tahoe Hybrid

Auto-Emission Ruling Boosts States' Rights

Federal judge rules against carmakers on standards for greenhouse gases

(Newser) - Vermont can set its own greenhouse emissions standards to curb gases that contribute to global warming, a federal judge ruled yesterday in a decision that boosts states’ rights. Automakers sued the state after it adopted standards originally made law in California, saying the regulations were impractical and would upend the...

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