Ford greets 2011 with a new Super Duty truck that generates up to 735 lb-ft of torque while returning 18 per cent better fuel economy. “The new diesel scores big,” says Assistant Editor, Jil McIntosh. “Let the power wars begin.”

The recall scandal that has devastated Toyota also has diminished Lexus’ standing with consumers. Market researchers say the luxury brand has been hurt since the crisis escalated in the past two months, though not as much as Toyota.

General Motors is demanding that some dealers pay back five- and six-figure sums for alleged infractions of its Standards for Excellence incentive program without a chance to challenge the chargebacks.

A six-month truce in the industry’s incentive wars is breaking down, and Toyota — that paragon of marketing discipline — is getting the blame.

In six short months, Toyota Motor Corp. collapsed from the world’s biggest, most profitable car company to the industry’s top quarterly money loser.
Originally posted 2009-06-04 16:56:09. Republished by Old Post Promoter

The 2011 Optima will make its world debut at the New York auto show next month.

J.L. French Automotive Castings Inc., which makes aluminum die-cast auto parts, filed for Chapter 11 bankruptcy protection today, saying it was “over-leveraged with an unmanageable debt load.”
Originally posted 2009-07-13 04:01:00. Republished by Old Post Promoter

As a teenager in Kenya, Dean Parpia’s dream was eventually to take over his father’s auto dealership in the capital city of Nairobi. Then life happened.