Author: Staff (Page 85 of 202)

Can I hear an “Amen!”

From the Detroit Bureau:

It seemed like the best of times; following its takeover by the German Daimler AG, Chrysler counted nearly 71,000 hourly workers on its U.S. payroll. But by the time the partnership collapsed and the maker was rapidly plunging into bankruptcy, in 2009, the blue collar workforce had slipped to just 21,000.

The situation wasn’t all that different across town. As the industry sank into its worst recession since the Great Depression of the 1930s, and many analysts began to doubt whether Detroit’s Big Three makers would survive, the makers raced to close plants, abandon unpopular brands and slash employment. Once employing close to a million hourly and salaried workers worldwide, General Motors emerged from its own run through Chapter 11 with a workforce barely a tenth that size.

But two years later, there’s a very different situation. Chrysler, for one, has boosted its blue collar headcount by more than 2,000 since hitting bottom in ’09, and several company sources tell TheDetroitBureau.com that the maker is likely to keep rebuilding its factory rolls, especially if sales and share keep rebounding. GM and Ford are also hiring.

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2011 Hyundai Genesis Coupe 3.8 MT Review

Bullz-Eye.com staff reviews the 2011 Hyundai Genesis Coupe 3.8 MT!

When I first saw the 2011 Hyundai Genesis Coupe 3.8 Track M/T in my driveway, the first word out of my mouth was “Wow.” This car has a very distinctive look that evokes different emotions from everyone who sees it. No doubt that the 2011 Hyundai Genesis Coupe 3.8 Track is a great looking car, but how does the rest of the machine measure up?

Exterior
There is plenty of confusion when folks first glance at the Genesis Coupe 3.8 because most people don’t know what the car is. The sleek front end and overall muscular stance combine for a unique and very attractive package. Our gorgeous Genesis Coupe was equipped with 19-inch gunmetal finish alloy wheels with staggered high-performance summer-compound, Xenon HID headlamps, heated mirrors with illuminated turn signals, a rear spoiler and black-out front lower fascia. Hyundai was right on when they describe the Genesis Coupe as having “a sculpted aerodynamic profile for high-speed stability.” The modern design of the Hyundai Genesis Coupe and the drop-beltline rear windows add a fluid and sensible characteristic to this gem.

Check out the full review.

Chrysler leads the pack in Detroit for June growth

From the Detroit News:

The three Detroit-based automakers all reported double-digit U.S. sales increases in June, led by Chrysler Group LLC’s 30 percent increase from a year ago with 120,394 vehicles sold and the best June for the automaker since 2007.

That is followed by a 13.6 percent increase reported by Ford Motor Co. with 194,114 vehicles sold.

The third domestic automaker, General Motors Co., reported a 10.2 percent increase on sales of 215, 358 vehicles compared with June 2010.

Among the top Japanese automakers, who continue to struggle with earthquake-related shortages, Honda Motor Co. Ltd. reported a 27.1 percent decline for the month with total sales of 83,892. The Honda brand suffered a 27.4 percent drop in sales for the month while the luxury Acura brand was off pace by 24.5 percent.

Toyota Motor Corp. saw a 21.1 percent falloff for the month with 110,937 vehicles sold. The Toyota brand dropped 18.7 percent; Lexus division sales fell 37.8 percent compared with a year ago, when Japanese production was at full throttle.

“June marked a significant turning point for Toyota as sales moved up over last month (May),” said Don Esmond, head of U.S. operations. Supply and selection are improving daily, he said.

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Report: Volvo to launch new performance line

From AutoBlog.com:

If you ever looked at those old Volvo ads that suggested their station wagons were the next logical step up from a Lotus, well, you can stop snickering. Sure, it may still be a long shot, but Volvo appears to be getting serious about offering performance-oriented automobiles.

A couple of weeks ago, we brought you a report that indicated Volvo was forging a closer relationship with Polestar, the racing outfit that fields the company’s entries in the Scandinavian and World Touring Car Championships. Volvo, it seemed, had already turned to Polestar to squeeze a bit of extra juice from its S60 and XC60 R-Design models, and according to the report, was prepared to utilize Polestar’s talents even more in the future.

A clearer picture of that that partnership is now emerging, and so far, it looks promising. Their first collaborative project is tipped to be a production version of the baby-blue, 400-horsepower, all-wheel drive C30 hatchback unveiled last year. If given the go-ahead, we could be looking at a limited run of 500 cars priced around £50,000 in the UK – about the same as a BMW M3.

Read the full article.

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