Auto Dealer News

THEY'VE trundled along our roads since 1948 and have became an iconic part of British motoring history, typifying English eccentricity with their polished ash wood frames.

We used to hear quite a bit about the Bush administration's supposed 'war on science.' What about the Obama administration's war on mathematics? Every time somebody tries to test the logic of the president's economic policy using actual numbers, the White House starts screaming about space aliens.

People are buying more energy efficient cars as a result of the Government's changes to vehicle registration tax.

FOLLOW THE MONEY: Stimulus spending by industry and county TODAY'S BUSINESS NEWS: &#187 Buffett's Berkshire buys Burlington Northern rail &#187 Oil prices rise as Fed meets on interest rates &#187 Treasurys decline ahead of Fed, auction details &#187 Dollar rises ahead of central bank announcements &#187 33% of polled LA employers to layoff in 2010 ...

Toyota's popular Prius hybrid was the top-selling car in Japan in October for the sixth straight month, helped by tax breaks and government subsidies for environmentally friendly vehicles, an industry group said Friday.

In a shock move, General Motors has cancelled plans to sell its European car business, comprising the Opel and Vauxhall marques, to a Russian-backed consortium.

A judge has approved a request to consolidate the trials of two auto dealership executives accused in the March disappearance of more than 80 vehicles from a Scottsbluff car lot.

Businesses likely slashed wholesale inventories for a record 13th consecutive month in September.

New Models What you'll be driving in 2010 European 2009 Ford Fiesta is coming to Canada and the U.S. next year as a 2011 model.

TOKYO: Toyota Motor, the world's largest automaker, announced yesterday a surprise return to profit and narrowed its loss forecast for the full year, helped by demand for fuel-efficient cars.

Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.

It appears four major players in the Detroit business community gave former Detroit Mayor Kwame Kilpatrick a total of $240,000 months before finalizing a repayment plan, raising the question of whether the money originally was intended as a gift, not a loan.

There's a simple way to get people to drive fuel-efficient cars, according to auto executives, but they are not going to like it - sharply hike the gas tax.

Tax breaks and subsidies on the purchase of eco-friendly cars after scrapping old vehicles are boosting sales of not only hybrid cars, but also fuel-efficient gasoline-engined models.

New car sales soared last month as buyers continued to take advantage of the Government's "cash for bangers" car scrappage scheme.

The car market rebounded in October, with sales increasing for the first time since June last year.

The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.

One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two years.

Honda Motor Co. , Japana s second- largest carmaker, plans to add on average about 100 car dealerships a year in China over the next five years to meet demand, Chief Financial Officer Yoichi Hojo said.

American Honda Motor Co., Inc., posted total October vehicle sales of 85,502, a decline of 4.0 percent compared to October 2008, based on the daily selling rate*. Honda Division posted October sales of 75,751, a decline of five units versus October 2008.