That Car Guy

Toyota To Recall 3.8 Million Vehicles

2009-10-01T10:17:00.000-07:00

BREAKING NEWS! BREAKING NEWS! In what I can say unequivocally would happen three years ago, I told you so, well not to this magnitude, but sooner or later in Toyota's quest to become the worlds leading auto maker, the teflon shield would start to crumble. The perils that dogged General Motors for the better part of the last 2 1/2 decades, "QUALITY" would come to inflict pain on Toyota Motor

Carbon Motors Set To Announce Connersville, Indiana As It's Choice To Build Their Brand Of Police Cars

2009-07-29T06:33:00.000-07:00

BREAKING NEWS! BREAKING NEWS!Connersville, Indiana- Carbon Motors Executives and a State of Indiana delegation lead by the Governor Mitch Daniels is headed to Connersville today for a rally and plant kick off at 11:30am est.. The Mayor Leonard Urban has urged the city to rally around the forthcoming announcement to show the company the support it can expect from the city and the state of Indiana.

THE OFFICIAL CASH FOR CLUNKERS WEBSITE

2009-07-25T07:47:00.000-07:00

BREAKING NEWS! BREAKING NEWS!As the official launch of the Cash for Clunkers program is rolled out, please be aware that potentially you could land on a website that may look official, it may be a site that is looking to extract identity information from you or extract money from you. That is why I want to provide you with the official U.S. Government site that will give you all of the info

2009 Top 10 Vehicle Sales Leaders, Through June 2009

2009-07-25T07:16:00.000-07:00

2009 Ford F 150 The Top 10 vehicle sales leaders through June 2009 are out and not much has changed since last year. Although automobile sales are down in the North American market by 35.1% and the overall market not expected to sell more than 10 million vehicles by the end of the year, the current Cash for Clunker rebates may provide a mid year boost to overall sales.2009 Best Selling Vehicles (

I Will Be On WDTN TV Channel 2 Dayton, Ohio 7/14/09 At 7am est.

2009-07-13T19:38:00.000-07:00

Kevin E. KimbroughThat Car Guy Tune In: Tuesday July 14, 2009What: Television Interview about the Auto IndustryWhere: WDTN Channel 2 Dayton, Ohio Sunrise EditionWhen: 7/14/00, 7am est.

Common Scams To Avoid When Buying A Car

2009-07-13T19:27:00.000-07:00

GET YOUR FREE COPY TODAY!Just send me an email requesting your free e-copy! I will send you this fact filled e-booklet on how you can navigate your way in and around auto dealerships. Great tips that you, your family and friends can use.Email Me Today: thekargroup@gmail.com*Update: Get your free cash for clunkers guide, don't get caught by scam artist looking to rob you, especially online.

Steve Rattner Is Resigning As The US Task Force Chief

2009-07-13T19:12:00.000-07:00

BREAKING NEWS! BREAKING NEWS! Steve Rattner the US Auto Task Force Chief has announced that he is stepping down after General Motors and Chrysler exit from federal bankruptcy, according to US Treasury Secretary Timothy Geithner. It is also announced that Ron Bloom, who is a former investment banker and United Steelworkers union official, will replace Rattner, when he steps down. Timothy Geithner

General Motors Exits Bankruptcy, What Does This Mean To You

2009-07-13T18:45:00.000-07:00

General Motors exited federal bankruptcy 7/10/09 and many have questioned what does this all mean to me. While there are many promises by the new company and our federal government about the so called "New" GM, it will remain to be seen how this new company resonates with consumers and how it can position itself to repay the $50 million dollars in Government backed loans.GM CEO Fritz Henderson

Big Money Coming To A Dealer Near You, 'Cash For Guzzlers" Bill Passes The Senate

2009-06-22T19:26:00.001-07:00

BREAKING NEWS! BREAKING NEWS!President Barack Obama will soon sign a $1 Billion Dollar bill, recently passed 91-5 by the U.S. Senate, will provide $3,500.00 to $4,500.00 cash vouchers to consumers who trade in their current vehicles for newer, more fuel efficient automobiles and here is the catcher, the trade-ins must be scrapped.The bill hopes to provide a push to fuel lagging new vehicle sales

Louisiana Welcomes V-Vehicle Co. of San Diego And The 1400 Jobs It Plans On Bringing To A Former GM Plant

2009-06-22T19:04:00.000-07:00

T. Boone PickensA former Guide Lamp (a spun off GM subsidiary, known as Guide Corp and Delphi Lighting) plant based in Monroe, Louisiana is set to become the new automotive assembly plant for V-Vehicles (VVC).The new company that is being backed by T. Boone Pickens a Texas billionaire, Ray Lane, John Doerr of Kliener Perkins Caulfield & Byers and James Davison. The operation is bringing industry

The Former Head Of AT&T is Poised To Become The Next Chairman Of General Motors

2009-06-09T14:49:00.001-07:00

BREAKING NEWS! BREAKING NEWS! Edward Whitaker Jr., who is the former Chairman and CEO of AT&T has been tapped to become the next Chairman of General Motors when GM exit's from bankruptcy. The announcement made today by current Chairman, Kent Kresa, informed the media that he will serve in his current capacity until the new GM exits from bankruptcy, expected later on this summer. It has been

Real American Igenuity, Next Engines 3D Scanner...

2009-06-09T11:33:00.000-07:00

Hold On Wait A Minute, Supreme Court Issues A Stay, And Delays Chrysler/Fiat Deal...

2009-06-08T17:28:00.000-07:00

BREAKING NEWS! BREAKING NEWS!Ruth Bader Ginsberg, interrupted the U.S. Government, the new Chrysler and Fiat S.p.A. plans to emerge from bankruptcy court with a fresh start. The stay issued a few minutes before the deadline, has momentarily delayed the merging of the new Chrysler and Fiat and may derail the deal put together by the Obama Administration to bring new life to the ailing Chrysler.

Roger Penske And Penske Automotive Emerges As The Buyer For GM's Saturn Brand

2009-06-05T08:08:00.001-07:00

BREAKING NEWS! BREAKING NEWS!Penske Automotive and General Motors announced this morning that the two companies have reached an agreement that would GM would sell GM's Saturn brand to Penske Automotive. Penske Automotive has signed a memorandum of understanding that would sell the Saturn group to Penske Automotive, that would include the dealer network of 350 dealerships and other properties and

What Is Going On With GM Forcing Dealers To Sign Participation Agreements Or Face Termination... What's Next?

2009-06-04T16:55:00.000-07:00

As the free enterprise system is turned upside down with the financial meltdown, mortgage crisis, bankruptcies by major corporations, including General Motors, companies across America are being forced into making major cut backs in employees, expenditures and deal with a less than stellar economic forecast in the foreseeable future.Particularly as General Motors has gone to Washington D.C. with

How Not To Save Detroit As Reported By Hoofy and Boo

2009-06-04T16:42:00.000-07:00

General Motors re: invention Site

2009-06-03T20:28:00.000-07:00

I am providing the direct link to General Motors re: invention public relations site: http://www.gmreinvention.com/?brandId=gm&src=gm_com&evar24=gm_com_homepage_rolloverimageThis site is the portal for the public to stay up to date with what is happening with the company while it is going through bankruptcy and provide information on product development and other issues that the company wants the

Going, Going, Going, Gone, Hummer Sold To Chinese Company

2009-06-03T19:19:00.001-07:00

BREAKING NEWS! BREAKING NEWS!In what was a surprise announcement, a Chinese industrial company purchased General Motors Hummer Division, the buyer, Sichuan Tengzhong Heavy Industrial Machinery Company.The privately held company and maker of construction equipment, structural components, dump trucks, fuel tankers and energy equipment was formed in 2005 with the acquisition and merger of a few

Ford and General Motors Sales Slide Slows Down While Toyota and Honda Grows...

2009-06-03T19:11:00.001-07:00

BREAKING NEWS! BREAKING NEWS!The Ford Motor Company and General Motors posted smaller monthly sales declines last month, while Toyota and Honda sales slipped more than 40 percent while the overall North American auto industry showed signs of improvement.Although Chrysler saw sales slide more than 46.9 percentThis is a positive sign for the North American car market and most certainly for Ford

Upcoming Radio Interviews...

2009-06-03T19:05:00.001-07:00

6/2/09- Car Concerns with Harry Douglas 9am est, The Rick Roberts Show KFMB 8:35am est, The Brian Felston Show WBIG Chicago, 10:40am est6/3/09- The Curtis Sliwa Show WABC New York 10:20pm est6/4/09- WINK w/ Doug Kellet 6:35am est, The Corner w/Phil Mikan 2:15pm, XM Radio 2 Stations all day

Clark Howard Is Wrong About Automobile Distribution Cost...

2009-06-01T18:37:00.000-07:00

I heard Clark Howard on the radio this evening (6/1/09) answering a callers question on his radio show about why Chrysler and GM closed dealerships across this country, as the caller did not understand how this cost the manufacturers any money, since auto dealers are independent businesses. Clark Howard who I find entertaining in his folksy manner and who I believe normally does a good job of

General Motors Bankrupt! U.S. Government Expected To Take A 60 Percent Ownership Stake

2009-06-01T06:51:00.000-07:00

BREAKING NEWS! BREAKING NEWS!As expected GM filed for federal bankruptcy protection today, in what most analyst agree will be an organized structured bankruptcy process. The federal government is to take a 60 percent ownership stake while the Canadian Government takes a 12.5 percent stake, the UAW has a 17.5 percent stake and bondholders will have a 10 percent ownership stake.What should be the

A New Sales Leader Is Set to Overtake Perennial Auto Sales Leader GM... According To A Research Firm...

2009-05-21T17:06:00.000-07:00

BREAKING NEWS! BREAKING NEWS!Ford Motor Company is poised to become the number one sales leader in North America by the end of the year according to IHS Global Insight, a research firm.As current and impending bankruptcy fears have gripped consumers over the last few months and amid the current financial crisis that have severely impacted both Chrysler and General Motors. IHS Global Insight has

Company Says That It Can Produce A 100 mpg Hummer H3, Reality Or Fiction?

2009-05-21T16:26:00.000-07:00

Raser Technologies a company operating out of Provo, Utah introduced a hummer that the company claims gets the equivalent of 100mpg. The company along with California Governor Arnold Schwarzenegger and Utah Senator Orrin Hatch was on Capitol Hill Wednesday to introduce the technology to the Obama Administration and the nation.The Chairman of Raser Technologies, Kraig Higginson indicated that

The Auto Dealers Are Not The Problem! The Aftermath Of Chrysler and GM closing Dealerships Across America...

2009-05-21T13:32:00.000-07:00

The letters landed on dealers desk across America like a ton of bricks, 789 Chrysler dealers and 1100 General Motors dealers out of business, plus another 1000 GM dealers receiving probationary letters, telling them to shape up or they are next.What has happened to our free enterprise system, the capitalism that brought so much prosperity to this country, this has now become my battle cry.

A Question For That Car Guy...

2009-05-04T13:44:00.000-07:00

QUESTION?- I keep thinking that this is an idea who’s time has come. What do you think the pros and con’s are? http://www.autobloggreen.com/2009/05/02/hondas-fuelmaker-finds-a-new-home/ANSWER- The issue behind natural gas (CNG) is the infrastructure, much like electricity and matching the refueling with demands when people are traveling or general commuting. The money, time and effort that it

BANKRUPT! CHRYSLER CORPORATION IS FILING FOR BANKRUPTCY PROTECTION!

2009-04-30T09:19:00.000-07:00

BREAKING NEWS! BREAKING NEWS! Chrysler LLC is filing for Chapter 11 bankruptcy protection as announced by President Obama today at a Press Conference.As expected from what has become daily speculation, President Obama has made the following statement, "Over the past month, seemingly insurmountable obstacles have been overcome", "Chrysler and Fiat have formed a partnership that has a strong chance

Mazda Is Producing A Hybrid Vehicle That Operates On Hydrogen, Electric and Gasoline, Introducing The Mazda Premacy HSE Hybrid...

2009-04-13T12:32:00.000-07:00

Mazda's Hydrogen Hybrid Unites Green Technology^Check out video link above^The technology that is being used in the developmental Mazda Premacy HSE Hybrid (Premacy Hydrogen Rotary Engine Hybrid) may get some legs. Mazda has just been granted authorization to begin road testing by the Japanese Government and further developmental processes may bring a Premacy HSE to a dealer near you soon.The

More on the PUMA Project from GM and Segway...

2009-04-08T09:01:00.000-07:00

I found additional video of the newest invention from Dean Kamen and his folks at Segway, Inc., in collaboration with General Motors it seems that the original Segway is evolving.When you look at the limited market that the original Segway was catering to, this model with it's seating position and the ability to add a passenger may make a dent in this very unique market category. I am interested

Gm and Segway Unveil The Personal Urban Mobility Vehicle that Goes 35mph and Travels Over 35 Miles...

2009-04-07T15:33:00.000-07:00

Visit msnbc.com for Breaking News, World News, and News about the EconomyGeneral Motors and Segway, Inc. introduced today a two-wheeled, two seat electric vehicle that the company is stating could solve transportation problems in urban area's.The vehicle weighing 300 pounds is operated on lithium-ion batteries and electric motors and is using the Segway's two wheel balancing technology. The

Loose your job, GM and Ford say no problem, we’ll make your car payment...

2009-04-01T02:14:00.000-07:00

Following in the footsteps of Korean automaker Hyundai, General Motors and Ford Motor Company, made announcements March 31, 2009 that it would make the car payments for customers who lose their jobs, up to 12 months.Hyundai Motor Company has had a similar program since January, 2009 and states that its sales have risen 4.9%, its program initially stated that customers could return the vehicle

I Don't Think This Is What Obama Had In Mind When Looking For Innovation Out Of The Auto Industry...

2009-03-31T12:06:00.000-07:00

Parallel Parking PerfectCheck Out the link above, for some odd feeling I don't think this is what President Obama had in mind in looking for new technologies.Got to hand it to the guy, he did solve a problem...Enjoy Today!That Car Guy

Rick Wagoner Is Ushered Out The Door At General Motors... Gone, Outta Here, No More...

2009-03-30T09:43:00.000-07:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!General Motors Chairman and CEO Rick Wagoner stepped down over the weekend as the United States Government mounted unprecedented pressure on the CEO and automaker that it's proposed turnaround plan did not go far enough in it's bid to restructure the automaker.In what many view as a forced departure of the CEO by the Obama administration many view it

The Baghdad Auto Industry is Growing And They Love Hummers...

2009-03-30T09:35:00.000-07:00

Visit msnbc.com for Breaking News, World News, and News about the EconomyOne place where the auto industry is prospering and the Hummer is still king of the road. Our auto industry can get back on track if our government puts some teeth in foreign trade agreements. Our brands have high regard in other countries, but they do not enjoy free market access like the foreign brands enjoy in the United

Not So Fast Hybrids, Mazda Says We Have Improved Fuel Economy Plans Of Our Own...

2009-03-26T16:09:00.000-07:00

An announcement has been made today by Mazda Motor Corporation (Tokyo, Japan) that it is developing clean diesel technology that is cheaper and about as fuel efficient as hybrid technology. The diesel engines could make it to market by 2011 all without the aid of costlier electrical systems. The company expects to provide the marketplace a vehicle that will raise it's global fuel economy

Move Over Lexus, There Is Are Two New Sheriffs In Town!

2009-03-20T14:15:00.000-07:00

J.D. Powers and Associates has just released there annual list of most reliable vehicles and two new auto manufacturers have emerged at the top overtaking perennial favorite Lexus. Buick and Jaguar stand alone at the top of the study that is annually conducted by J.D. Powers.Jaguar jumped the furthest, going from 10Th place last year to number one, a significant year over year increase which

A New Scrap Vehicle Bill Has Been Introduced In Congress...

2009-03-18T17:36:00.000-07:00

BREAKING NEWS! BREAKING NEWS! A bill has been introduced in the U.S. House of Representatives would give consumers between $3,000.00 and $5,000.00 through 2011 by trading in older vehicles on more fuel/energy efficient transportation options.The bill, written by Rep. Betty Sutton, D-Ohio, would give vouchers for buying new vehicles or using mass transportation in exchange for scrapping vehicles

A Nebraska Auto Dealer Faces Vehicle Theft Charges...

2009-03-18T16:39:00.000-07:00

Nebraska auto dealer Allen Patch, the owner of a Ford Lincoln Mercury dealer and Toyota dealership in Scotts Bluff, Nebraska faces felony theft charges for the theft of 81 new vehicles from his own dealership and two of his employees .As reported by Automotive News, the dealer used fake cashier's checks to pay a vehicle transport company to haul 9 auto carriers late at night on 3/9/09 said John

2009 Chevrolet Camaro Gets 29mpg... Oh, What A Feeling!

2009-03-18T16:23:00.001-07:00

General Motors released the estimated fuel economy ratings for the Camaro and it gets a best in class rating of 29mpg Highway and 18mpg City. The figures that were released from the EPA, as reported surprised General Motors by 2mog higher than they had thought it would recieve.The Camaro which went into production in Canada on March 16, 2009, beats it's nearest competitors the Ford Mustang and

You Can Catch Me On: Car Concerns Radio Program 3/19/09 9am...

2009-03-18T16:05:00.001-07:00

The Tire 2.0... Reinventing the Tire...

2009-03-14T20:22:00.000-07:00

Embedded video from CNN VideoThe tire is going places... coming to a tire store near you!Enjoy Today!That Car Guy

The Evolution Of Motorized Engines... A Magnetic Motorbike...

2009-03-06T18:30:00.000-08:00

Magnetic MotorbikeI presented several weeks back that some designers and engineers were working on a vehicle that was powered by magnets. The designers at NFK Group Genesis has developed an actual prototype that is functioning and the company is fine tuning for production.The vehicle has developed a hybrid magnetic motor that is a combination of an electro magnet and permanent magnet that can

Auditors Have Raised "Substantial Doubt That General Motors Can Continue To Operate...

2009-03-05T16:03:00.000-08:00

BREAKING NEWS! BREAKING NEWS! The auditors (Deloitte & Touche LLP) for General Motors Corporation has raised 'substantial doubt" that the automaker can continue to operate given the economic and sales climate facing the auto industry. It's reports indicate that it may have to seek bankruptcy protection if it is unable to fully execute a tremendous restructuring of it's debt and finances.GM

Somebody Doesn't Like Green 1990's Era Ford Escorts In Oregen, Police Say It's Clear The Arsonist Doesn't Like The Model... Ya Think!

2009-03-05T15:37:00.000-08:00

Medford Police Sargent says it's clear the arsonist doesn't like car model. I think that is the understatement of the year, however an arsonist has targeted Green 1990's Ford Escort and is setting them on fire. So far 3 of them have been burned in recent weeks and Medford Police Sgt. Mike Budreau described as "Pretty Bizarre."The arsonist is using a flammable liquid to set the vehicles aflame and

What's Project Better Place? A Video Explaining Project Better Place...

2009-03-04T20:49:00.000-08:00

Find more videos like this on Planet Better PlaceI am interested in hearing from my readers on how they feel about this endeavour. Let me know your thoughts and opinions and any other feedback about Project Better Place.Enjoy Today!That Car Guy

Have We Found A Better Place?

2009-03-04T18:04:00.000-08:00

Project Better Place has been hard at work developing a variant on the Electric Vehicle Vehicle debate. Project Better Place, founder and Chief Executive Shai Agassi, indicates that the company is set to launch it's swappable-battery electric car program in 2010.Project Better Place has designed a radically different "infrastructure" for purchasing and driving there vehicles, a system in which

MELTDOWN IN MOTOR CITY...

2009-03-02T20:06:00.000-08:00

I invite everyone to tune in this Friday 3/6/09 at 2pm on National Radio Program WAMS as I discuss The Meltdown in Motor City: It May Be Too Late To Turn Detroit Around. When: Friday 3/6/09 2pmWhere: Tune into WAMS Radio on www.blogtalkradio.com Direct link: http://www.blogtalkradio.com/WAMS/2009/03/06/The-US-auto-meltdown-and-what-happens-next-this-Friday-on-WAMS What: You can join in on the

Auto Dealerships Need Floorplan Assistance And Access To Credit If they Are Expected To Survive...

2009-02-27T17:56:00.000-08:00

The retail auto industry is in the worst financial crisis in its history and the future doesn't look very promising for most auto dealers. In the early 1900's, auto dealers came to the rescue of the auto manufacturers with loans and the ability to purchase more inventory to meet the needs of the fledgling auto industry. That was when local banks and other financial sources could step and assist

Why You Should Never Let An Idiot Play With An Airbag

2009-02-23T17:07:00.000-08:00

Airbag Explosion <<< View VideoThere is a reason that automobile manufacturers securely place airbags behind compartments and attach them to sensors.Then their is this guy, he didn't need a reason, he just wanted to have fun!Ouch!Enjoy Today!That Car Guy

SAAB Is The First In A Line Of Manufacturers Who Will Be Forced To Seek Bankruptcy or Reorganization...

2009-02-20T15:43:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!What is sure to be a musical chair game of Auto Manufacturers worldwide who will be seeking bankruptcy protection, Saab the company owned by General Motors has filed for reorganization and bankruptcy protection from the Swedish court system.Saab is seeking $1 Billion ($793 million euros) from General Motors to become self-financing as it goes through

Sirius Satellite Radio Receives A $530 Million Dollar Loan Bailout from Liberty Media...

2009-02-18T10:23:00.000-08:00

A page was taken right out of how free market capitol economies work and was put on full display yesterday when Liberty Media loaned Sirius/XM Satellite Radio $530 Million Dollars. Mel Karmazin working the phones between The Dish Network and Liberty Media to assist in resolving the Satellite Radio company from defaulting on a $175 Million Dollar loan that was due yesterday was dealt some

General Motors And Chrysler Are Back To Begging For More Money...

2009-02-17T16:31:00.000-08:00

BREAKING NEWS! BREAKING NEWS!The Big 3 Automakers were back begging for more bailout money from the U.S. Government and filing restructuring plans to support there efforts. Ford it should be noted has not requested any funds to survive, although it says it would need funds if GM or Chrysler should fail. General Motors has requested $16.6 Billion dollars and Chrysler has submitted a plan calling

President Obama Signs Stimulus Bill into Law...

2009-02-17T16:13:00.000-08:00

BREAKING NEWS! BREAKING NEW!With the stroke of a pen, $787 billion dollars will be spent in the U.S. economy over the next few years. President Barack Obama signed into law Today one of the largest spending measures in the history if the United States. The President spoke to a large crowd in Denver, CO, stated that Americans to begin "laying claim to a destiny of our own making", before the bill

Women Drivers... Oh No She Didn't...

2009-02-11T18:23:00.000-08:00

Ok, so this is a litlle sexist, but it's funny!Enjoy Today!That Car Guy

Toyota losses big... and it's not going to get any better!

2009-02-07T11:16:00.000-08:00

Toyota Motor Corporation, the newly crowned king of the hill, the world's largest auto manufacturer announced it's first annual (calender) net loss since 1950. With worldwide demand for automobiles plummeting and the strength of the yen doomed the automakers earnings for 2008.Toyota announced a quarterly loss of 164.7 billion yen ($1.8 billion US) for the October-December 2008 period, down from

There Back! The United States senate voted to make Auto Loan Interest and Sales Tax Deductible on Income Taxes...

2009-02-03T20:10:00.000-08:00

BREAKING NEWS! BREAKING NEWS! The United States Senate voted today to allow automotive loan interest and sales taxes on vehicle purchases deductible on federal income taxes, a move that has not been around since 1986. The proposal that has been pushed forward by the National Automobile dealers Association (NADA) was added to an economic stimulus bill that had been under major debate in the Senate

Housing market tied to decline in new vehicle sales...

2009-01-27T10:29:00.000-08:00

BREAKING NEWS! BREAKING NEWS!A report just announced at the NADA (National Auto Dealers Association) convention by the NADA's Chief Economist Paul Taylor, indicates that 2009 will rebound slightly from 2008 sales levels.He further indicates that starting in the third quarter sales should increase to a annualized sales rate of 12.7 million vehicles. The sales rate is lower than last years sales of

General Motors has allocated funding to build Saturn vehicles through 2012...

2009-01-27T09:14:00.001-08:00

General Motors (GM) announced at the National Auto Dealers Association (NADA) convention being held in New Orleans, LA on Monday January 25, 2009 that it has allocated funding to build Saturn vehicles through 2012 and possibly till 2013. What they didn't say was if they would be building new products or if a decision has been made to kill the brand entirely.Dealers reaction has been mixed for

Toyota is Number 1 in Global Auto Sales Race, overtaking General Motors after GM's 77 year reign as the global sales leader...

2009-01-21T18:56:00.001-08:00

BREAKING NEWS! BREAKING NEWS!Toyota Motor has overtaken General Motors as the global sales leader, after a 77 year dominance by General Motors as the top automaker in the world. GM fell by 616,000 vehicles a huge number considering its market dominance over the last 77 years even after declining sales have hit automakers across the globe.Although Toyota posted its first operating loss in over 70

Fiat takes a 35% stake in ailing automaker Chrysler... Is this enough?

2009-01-20T16:15:00.001-08:00

BREAKING NEWS! BREAKING NEWS!Chrysler Corporation and Italy's Fiat Automobiles SpA announced today that Fiat will take a 35% stake in the ailing Chrysler Corporation. The deal in which no money will exchange signifies a dramatic move by Chrysler/Cerberus to align its business model for the world stage. Chrysler has been struggling to find profitable small vehicle platforms and has no real

Introducing Barack Obama our Nations 44th President... Making History!

2009-01-20T08:32:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!The United States is Inaugurating Barack Obama as our nations 44th President January 20, 2009.This historical moment could not have taken place without enormous sacrifices of men, women and children that has made this country so great. The promise of this country and the hope of a nation moves forward with a great leap today, may we all be inspired to

Celebrating Dr. Martin Luther King, Jr. Birthday on the Eve of President Elect Barack Obama Inauguration...

2009-01-19T16:13:00.000-08:00

"All this is simply to say that all life is interrelated. We are caught in an inescapable network of mutuality; tied in a single garment of destiny. Whatever affects one directly, affects all indirectly. As long as there is poverty in this world, no man can be totally rich even if he has a billion dollars. As long as diseases are rampant and millions of people cannot expect to live more than

An Open Letter to Mel Karmazin...

2009-01-19T13:47:00.000-08:00

AN OPEN LETTER TO MEL KARMAZIN1/19/09Re: The State of Satellite RadioDear Mr. Karmazin (and Mr. Scott Greenstein if your viewing this letter),I write to you because I have watched with great fanfare both as a supporter of your platform and as a former investor (Sirius) and I am quite dismayed at the lost opportunity that your company has missed.I have sat back and watched programming mistakes and

Introducing the 2010 Ford Taurus...

2009-01-19T13:38:00.000-08:00

INTRODUCING THE ALL NEW 2010 FORD TAURUS If you haven't checked out the styling cues and design direction that Ford is going at the Detroit Auto Show, here are a couple of pictures to see that Ford finally has some fresher ideas. I can remember not that long ago, Ford executives telling me that they were selling to families and everyday Americans while I was telling them that everyday Americans

Waiter there is a van in my soup...

2009-01-16T15:31:00.000-08:00

I think I know what the surprise is while dining at this fine establishment... Enjoy Today! That Car Guy

Some of my favorite concepts that are being shown at the 2009 North American International Auto Show... In Detroit...

2009-01-14T11:38:00.000-08:00

Suzuki Kizashi 3 Concept SedanKIA Koupe Concept VehicleCadillac CTS Coupe Concept VehicleAudi Sportback Concept...Ohhh... LA... La! I like this...These vehicles represent some of my favorite vehicles that have been showcased at the 2009 North American International Auto Show going on in Detroit now through Saturday.You can visit the show via the web at http://www.naias.com/.Enjoy Today!That Car

A Flying Car... The Terrafugia Transition has announced that they plan a test flight soon...

2009-01-13T11:57:00.000-08:00

The challenge of aviation enthusiast and inventors alike have challenged themselves to be the first to market and sell a true flying car. From the early Moller Flying Car designs to LaBiche Aerospace (http://www.labicheaerospace.com/) these individuals and companies have been reaching for the brass ring of success, and that means getting the car to fly.Terrafugia, based in Woburn, Massachusetts (

Car Flipping Competition in England... Those wacky Brits...

2009-01-13T09:10:00.000-08:00

Only in England would you find a competition that contestants risk life and limb...I literally saw someones head hit the pavement on the flip, where are the safety straps...It is fun until someone gets hurt!Looks like a blast though!Enjoy Today!That Car Guy

Volt battery pack will be built in Michigan by LG Chem...

2009-01-12T12:38:00.000-08:00

General Motors and Chevrolet announced that the Chevrolet Volt battery pack will be manufactured in Michigan at an as yet named location at what will be the largest automotive battery lab in the United States, according to GM's Press Release. This will be the first lithium-ion battery pack manufacturing facility operated by a major automotive manufacturer in association with LG Chem the battery

I think this would be a blast!... Airboard Personal Hovercraft...

2009-01-09T10:53:00.000-08:00

This looks like it would be a blast to ride and drive. The Airboard Personal Hovercraft built in Liverpool, England has a top speed of 20mph and no brakes, you shift your weight around to steer and stop, more thrills and spills. It boast a 5 liter engine that will allow an hour of ride time.You can find more info at www.airboardeurope.com, check it out for yourself.Maybe this won't solve the fuel

HAPPY NEW YEAR!

2008-12-31T13:03:00.000-08:00

I want to wish everyone a very Joyous, Happy and Prosperous New Year! Enjoy Today!That Car Guy

It is the end of the line for the Serbia made Yugo... The Jokes end here, ok maybe not, but their not making them anymore...

2008-12-26T10:48:00.000-08:00

Breaking News! Breaking News! Breaking News! An announcement has just been made that Belgrade (former Yugoslavia) will no longer produce the pride of comedic jokes in America, the Yugo. As I am writing this article the decision has been made and it appears that the last Yugo rolled off the line Thursday 11/20/08. The Yugo hit the U.S. in 1986 and sold for about $3,990.00, although selling more

HAPPY HOLIDAYS...

2008-12-24T11:50:00.000-08:00

Merry Christmas!Happy Hanukkah!Happy Kwanzaa!Happy Holidays andHave a very Happy New Year!Enjoy Today!That Car Guy

Think Automotive Has Halted Production As They Seek Capital... Could They Be In Trouble Without The Norwegian Government's Assistance...

2008-12-19T16:34:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!Think Global a Norwegian automotive company who was looking to begin selling vehicles in the United States in 2009-2010 has halted production as announced by CEO Richard Canny. Richard Canny has described the company as in "urgent financial distress". The announcement has set back the company which is considering bankruptcy if the Norwegian government

Finally a Lifeline... A Federal Bailout for General Motors and Chrysler, They Get $17.4 Billion Dollars...

2008-12-19T15:06:00.000-08:00

BREAKING NEWS! BREAING NEWS! BREAKING NEWS!We knew it was coming the lifeline that GM and Chrysler so desperately needed along with the supply chain and the rest of our nations economy. Now I am not endorsing the move although with what happened in the financial industry it was necessary, when the Federal Government bailed out that sector, which started this slippery slope that we are now on.I

Application for TARP Capitol Purchase Program... It takes more documents to get a mortgage...

2008-12-17T13:16:00.000-08:00

I read recently that the application to get TARP Funds (Bailout Money) was only two (2) pages long, I did not believe the story. I said to myself surely the ability to get millions and in some case billions of dollars would require more information than what it would take for a consumer to get a home mortgage, it is taxpayers dollars after all.I have done a little research, it was real easy,

Two Comedians Provide Insight and Opinions On The Global Financial Crisis...

2008-12-05T21:18:00.000-08:00

Comedic relief from this financial mess we are in...Enjoy Today!That Car Guy

Money As Debt...

2008-12-05T20:50:00.000-08:00

I thought I would share this video before I begin a regular dialogue about the current financial crisis that is gripping the world economy. It should assist in understanding the banking and financial institutions that we are all indebted too.Enjoy Today!That Car Guy

An Automobile That Runs On Compressed Air...

2008-12-05T20:31:00.000-08:00

Odds are you've never heard of this car.Why not?Why is a French company developing it with zero help from the high rolling US-UK dominated global financial system which until recently had money for every loony scheme imaginable?Answer: The banking system and the oil industry are closely intertwined and they want to protect their investment in the gasoline infrastructure at all costs. Fortunately,

THEY'RE BACK... The Big 3 Auto Execs are back in Washington DC begging for their aid packages...

2008-12-03T21:26:00.000-08:00

Breaking News! Breaking News! Breaking News! The Big 3 Automotive Execs from General Motors, Ford and Chrysler are back in Washington DC Thursday 12/4/08 to beg borrow and plead with Congress for a bailout package that will save the companies from bankruptcy. All 3 Executives are traveling to meet Congress in hybrid vehicles after a disastrous public relations fiasco the last time they showed up.

Fisker Automotive introduces the production version of their plug-in hybrid Fisker Karma...

2008-12-02T13:49:00.000-08:00

The folks at Fisker Automotive unveiled and announced today that their first production vehicle will be on display at The Detroit Auto Show in January 2009. The Former Design Chief at Aston Martin and BMW Henrik Fisker who is CEO of Fisker Automotive, has been steadfast in delivering what appears to be a nearly identical version of the vehicle that was seen at last years Detroit Auto Show in

Axon 100 mpg.

2008-11-23T11:02:00.000-08:00

Move over Prius, upcoming gasoline car gets 100 mpgLondon (England) – A British auto maker thinks gasoline is here to stay and has introduced a carbon-fibre body car that gets up to 100 miles per gallon. Axon Automotive’s diminutive car has a very light 26 kilogram engine that still manages to achieve a top speed of 85 miles per hour. The interior of the car is also environmentally friendly with

Hirsh: Make Big Banks Pay for Financial Crash | Newsweek Voices - Michael Hirsh | Newsweek.com

2008-11-22T17:22:00.000-08:00

Hirsh: Make Big Banks Pay for Financial Crash Newsweek Voices - Michael Hirsh Newsweek.comCheck out this link...Interesting report from Michael Hirsh

General Motors is returning 2 leased jets... Announcement came after congressional scrutiny of the executives mode of travel...

2008-11-21T10:10:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!General Motors has just announced that it is returning two leased jets, after Congressional members criticised there high end travel arrangement to Washington DC this week. As executives of the Big 3 (GM, Ford and Chrysler) approached the U.S Government for a Federal Bailout Loan/Aid, after the session with Congress the executives have been hit hard

The Big 3 flew to meet congress with there hands out on there private jets... Can someone use some PR (Public Relations) about now...

2008-11-20T17:40:00.000-08:00

Lets be fair for one minute, the executives that run General Motors, Ford and Chrysler have very busy schedules and time is money in the world of big business. To fly commercial to Washington from Detroit and New York (where GM and Chrysler hang out) on there private corporate jets saves them time most certainly, have you seen the lines at JFK and Laguardia in the morning.But as I have said for

General Motors produces a Fact and Fiction Commercial to assist in it's Bailout Campaign...

2008-11-20T17:11:00.000-08:00

I am posting the new GM web/Internet commercial in it's entirety titled "GM Fact and Fiction", obviously designed to assist in it's bid to win congressional approval and influence lawmakers votes to bail the company out of it's financial crisis.Enjoy Today!That Car Guy

Dodge introduces Dodge EV Sports Car at L.A. Auto Show...

2008-11-20T16:59:00.000-08:00

Dodge introduces the DODGE EV sports car at the Los Angeles Auto Show. The lightweight aluminum chassis developed by Lotus is an all electric "plug in" type vehicle that promises a driving range of up to 150 miles.The lithium ion batteries along with its all electric 268hp engine delivers 0-60 mph in 5.o seconds and will do the quarter in 13.0 seconds with a top speed of over 120 mph. Dodge is

Should we bailout Detroit's Big 3? Will the bailout work? and other thoughts and opinion's...

2008-11-18T09:59:00.001-08:00

With a potential bailout of the auto industry imminent and the high probability that if it doesn't happen GM and Chrysler will have to seek Chapter 11 reorganization, and Ford will not be far behind because of shared suppliers and other vendors who will have to seek Chapter 11 or worse Chapter 7 Bankruptcy protection. I want to address a few things that the manufacturers, the broadcast media and

GM has decided to delay incentive payments to it's dealer body... Read the letter that Mark Laneve GM's Vice President sent out to dealers...

2008-11-18T08:30:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!Here is a copy of the letter that GM's Mark LaNeve, Vice President of North America, sent to the General Motors dealer body explaining why they are delaying dealer incentive payments to them.We are reaching the tip of the iceberg, if GM cannot find some free cash flow, they will not make it till the end of the year. The company is just burning up to

GM prepared to lay off 35,000 people by this weekend 11/14/08...

2008-11-13T15:02:00.000-08:00

BREAKING NEWS! BREAKING NEWS! BREAKING NEWS!I have been informed that General Motors is preparing to lay off more than 35,000 auto workers by this weekend. I have not been able to confirm this report, however I have been informed that GM has notified state and local agencies of it's intentions as required by law. These lay offs are individuals working mostly in the Midwest and some other parts of

Toyota Profit drops 73.6 % for the fiscal year ending March 31, 2008... I said it before and I will say it again Toyota is headed for a big fall...

2008-11-06T18:35:00.000-08:00

Katsuaki WatanabePresident, Toyota Toyota is facing a current profit crisis that they have never seen before, as sales fall in North America and a rising yen. Toyota has now reduced there year end outlook as the company headed by Katsuaki Watanabe looks to find solutions. Mr. Watanabe who was picked to continue to lead the company in continued profitability has more than his hands full. Mr.

BRACK OBAMA Elected President of The United States... Can he save the auto industry...

2008-11-05T16:23:00.000-08:00

Barack Obama was elected president of the United States of America on November 4, 2008. History made, and as the President elect voiced in his Election Night Speech, "only in America can his story happen".Now, Mr. President Elect, we have a Auto Industry crisis looming and verging on catastrophe, and the industry can use a little assistance.As this story is being written, the Big 3 auto

500 All Electric BMW Mini's to be leased next year...

2008-10-24T15:51:00.000-07:00

BMW has just announced that it will be test piloting a program which will lease 500 All Electric Mini vehicles called the Mini E in California, New Jersey, New York.The vehicles will be powered by lithium-ion batteries that have a range of 150 miles with a maximum speed of 95 mph and will go 0-60 in 8.5 seconds.The vehicles will have the ability to be charged overnight or a special high speed

BYD Hybrid Vehicle... Warren Buffet invest $230 million dollars into company...

2008-10-16T20:11:00.000-07:00

Warren Buffet just dropped $230 million dollars for ten percent of BYD a Chinese Battery maker and Hybrid powertrain manufacturer. It looks as if BYD is making a push to bring a dual mode hybrid vehicle to market much sooner than expected. BYD has had a launch date of 2010 for its vehicles and have not announced plans for the U.S. market. However it has been reported that it has had some of the

Thomas Jefferson quote from 1802...

2008-10-16T17:07:00.000-07:00

Quote of the Week: "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent

Who is running this financial mess... The people want to know...

2008-10-16T15:54:00.000-07:00

My Thought and Opinions!The automotive news stories are flying fast and furious, whether its auto manufacturer news, auto retailing news, auto dealership news, auto consumer news, auto financing news, how gas prices are effecting the sale of trucks, hybrid electric vehicle news and the list goes on and on.But this financial crisis is gripping everyone in this great nation of ours. I cannot

How lenders are responding to delinquent auto loans... The repo man is giving you a little more time...

2008-10-14T17:50:00.000-07:00

Banks and Finance companies are rethinking their repossession strategy, the current financial crisis and lower wholesale values have prompted them to wait a little longer to pick up your ride.As reported by MSNBC.comEnjoy Today!That Car Guy

GMAC will not make loans to customers who's credit score is below a 700 beacon score...

2008-10-14T07:40:00.000-07:00

BREAKING NEWS! BREAKING NEWS! GMAC Financial Services has just announced that it will no longer lend money to prime credit customers who's credit score falls below a 700 beacon score. In a move that will cast a large cloud over the already shaky footing of car dealers across the nation, this move will surely leave most dealers scrambling for alternative sources to assist in financing their

Auto Dealerships are getting hit hard by the economy...

2008-10-11T16:23:00.000-07:00

Tough times for Chevy dealerCheck out the video from MSNBC above...

Chevrolet Volt may get a 100mpg rating if the EPA approves of proposed testing formula...

2008-10-10T14:40:00.000-07:00

The Chevrolet Volt may get a 100 mpg. rating, which would be a first in the world of mass produced vehicles. General Motors is requesting from the EPA, for regulatory purposes, to declare the Volt an electric vehicle. The California Air Resources Board has given the Volt preliminary certification as an electric vehicle, according to Rob Peterson, a GM spokesperson. If given the 100 mpg rating,