Author Archive: George Peterson

The real opportunity, however, is for short-term leases. Getting a car or truck that is still in warranty for zero down and $200 to $500 per month can be a useful solution for many people unwilling to commit to a longer term purchase or lease.

A just-completed AutoPacific online survey showed that buyers are disappointed by automakers taking bailout funds and that Ford tops their choice options in U.S. vehicles, in part due to its ability to avoid an Uncle Sam handout.

AutoPacific Research Indicates Balance of Year May Continue to be Difficult for Car Companies
TUSTIN, Calif. (April 3, 2009) — A national Internet survey conducted between March 31 and April 1 reveals that the American public is extremely aware of the current challenges facing the American automobile industry and the Obama administration’s actions to confront them. Only three percent in the survey said they were not aware of the billions of dollars in government loan guarantees made to General Motors and Chrysler, 94 percent knew that both companies had been required to submit viability plans in hopes of receiving additional government aid, and 89 percent were aware that the White House had declared neither plan represented “a credible path to viability.” The survey findings were the result of over 700 responses.

The TRD-designed and developed supercharger boosts horsepower from 381 to 504, and torque from 401 pound-feet up to 550 lb-ft. How long will the Obama Administration's latest comments be more important than horsepower?

President Barack Obama delivered an address to the nation this morning at 11AM where he summarized the results of review of General Motors and Chrysler by The Presidential Task Force on the Auto Industry. The conclusion of the report was that neither of the plans presented to the Task Force by GM and Chrysler are viable.

President Barack Obama delivered an address to the nation this morning at 11AM where he summarized the results of review of General Motors and Chrysler by The Presidential Task Force on the Auto Industry. The conclusion of the report was that neither of the plans presented to the Task Force by GM and Chrysler are viable.

Wagoner, who has managed an $82 billion loss during the past six years was quoted in 2002 about the future of the company. He said, "It's time to stop whining and play the game." For a growing number of Americans, it appears to be game over.

CARB changes their position on dark colored cars in California. Black is OK, for now.

We got the opportunity to briefly drive the new Ford Fiesta in Port Hueneme in anticipation of Ford's "Fiesta Movement" program where they will place 100 5-door Fiestas with influential Millennium drivers.

The March 23 Los Angeles Times editorial 'You can depend on Detroit" hits the mark; today's auto industry is a tremendously competitive place. Consumers can now choose cars and trucks from domestic (Detroit) automakers that match the quality and reliability of vehicles from Japanese or European makers. So why won't Americans buy American cars?