Archive for the ‘Industry’ Category

It's almost that time--if it were the Academy Awards, the accounting team from PriceWaterhouseCoopers would be sidling up to the podium with an envelope for Whoopi or Billy or Steve or, God forbid, Dave, to open.

It's just a few weeks before the 50 jurors on the committee cast their ballots for the North American Car and Truck of the Year. And it's your chance to tell us here at High Gear Media what you'd vote for Car of the Year, before I dole out my points and pick my personal favorites.

You know how it works: a few months ago, we shared the list of COTY/TOTY nominees that made the cut from the long list of vehicles new or improved for...

The new car market is starting to get just a little overcrowded with quality vehicles, and in a time where customers all around the world are cutting back on their spending, things like performance, fuel-economy and overall value is now more important than ever.

Today, it’s hard to find a truly bad car and differentiating between brands, especially in the affordable car segments, is becoming more and more difficult for consumers with every new model roll out.

Honda concedes that this is a major problem and is considering speeding up planned model updates. Honda exec John Mendel said his company plans to beat the competition with new...

In September, GM launched a program putting its cars up against the industry's best, offering a 60-day money-back guarantee on all 2009 and 2010 model-year Buick, Chevrolet, Cadillac and GMC vehicles. So far, it looks to be going well for GM, with just one customer taking the car in for a refund--and even then, he ended up with another GM vehicle.

It's still underway, so things may yet heat up, but Bob Lutz went on the record today saying that to date, just one customer has come for their money. The reason? He bought a manual-transmission Chevrolet Corvette, and ended up wanting an automatic.

The point of the deal was to show GM had enough...