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Monthly Archives: December 2008
GMAC receives Treasury investment, expands consumer credit
GMAC Financial Services has announced that it will immediately resume auto financing for a broader spectrum of U.S. customers, as a result of expanded access to funding with its upgrade as a bank holding company. The U.S. Department of the Treasury has purchased US$5.0 billion of its preferred membership interests and warrants under the Troubled Assets Relief Program (TARP).
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Posted in General News
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Doobie Brothers to perform at Detroit Auto Show charity event
The North American International Auto Show has announced that the Doobie Brothers rock band will perform at the event’s annual black-tie Charity Preview gala on January 16. The concert will be open exclusively to Charity Preview attendees.
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Posted in 2009 North American International Autoshow (Detroit)
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Ford announces new Active Park Assist
Ford has announced a new technology, Active Park Assist, which it will add as an option in mid-2009 to the 2010 Lincoln MKS sedan and upcoming Lincoln MKT crossover. The system parallel parks the vehicle by positioning it, calculating the optimal steering angle, and then steering the vehicle into the parking spot.
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Posted in General News
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Korean initiative calls for increased fuel economy
The Korean government has allocated the equivalent of US$14.2 billion for an energy efficiency initiative that will run until 2012 and is expected to save the equivalent of 34.2 million tonnes of oil. The initiative includes a 16.5 per cent increase in average automobile fuel economy by 2012.
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Posted in Green News
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Canadian government invests in green transportation
Federal Transport Minister John Baird has announced that the Government of Canada will invest in eleven projects across the country that support green transportation.
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Posted in Green News
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Mercedes-Benz reaches 1.5 million E-Class models
Mercedes-Benz has announced that it has delivered 1.5 million units of its current E-Class series since its launch six years ago, with the U.S. and Germany its most important markets.
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Posted in General News
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Make a New Year’s resolution to save lives: MADD Canada
With New Year’s Eve celebrations imminent, Mothers Against Drunk Driving (MADD) Canada is reminding party hosts of their moral and legal responsibilities if they plan on serving alcohol to guests.
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Posted in General News
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Buyer's Guide: 2009 Suzuki Swift+
NEW FOR 2009: – New 1.6-litre engine with improved fuel economy – New front-end styling – Refreshed interior styling – Trim lines reduced to base model For 2009, the Suzuki Swift+ receives a new 1.6-litre engine; although displacement does not … Continue reading
Posted in New Car Buyers Guide
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Buyer's Guide: 2009 Suzuki Equator
NEW FOR 2009: – All-new model For 2009, Suzuki unveils the Equator, its first pickup truck entry in the North American market. Based on the Nissan Frontier, the Equator comes only in Crew Cab configuration. It uses a 4.0-litre V6 … Continue reading
Posted in New Car Buyers Guide
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Buyer's Guide: 2009 Suzuki XL7
NEW FOR 2009: – All-wheel drive JLX model only – Standard six-speed automatic transmission, body-colour bumpers and heated power mirrors For 2009, the XL7 comes only in a single trim line with all-wheel drive; front-wheel drive only has been discontinued, … Continue reading
Posted in New Car Buyers Guide
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Buyer's Guide: 2009 Suzuki SX4
NEW FOR 2009: – JX FWD hatchback with manual transmission discontinued – Standard driver and front passenger seat armrests, passenger side seatback pocket – Sedan adds standard 60/40 split-folding rear seat – JLX hatchback and Sport sedan add heated front … Continue reading
Posted in New Car Buyers Guide
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Buyer's Guide: 2009 Subaru Impreza/WRX
NEW FOR 2009: – 2.5i adds standard stability control, rear disc brakes, auxiliary audio input and body-colour door handles – Sport Package adds standard sunroof, Sirius satellite radio, and stainless steel exhaust tips; four-door also adds body kit and low-profile … Continue reading
Posted in New Car Buyers Guide
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