2011 was a tough year for automakers. General Motors’, American leading automaker company, stocks have dropped down by 50% from its higher position of $39.48. Current PE is barely 4.3 with EPS of 4.5. Fluctuating market along with recession caused an unusual hike in gas price that affected automotive market decreasing its sale rate. However, [...]
December 16, 2011
Nissan and Ford Issue New Recalls
Ford motors has announced that it is recalling almost 20,000 F-Series pickup units in order to put back brake transmission switch, and mean while Nissan is also recalling almost 28,000 Jukes over the problems of ignition. With 2011 F-150, 2012 F-250, F-450, F-350, and F-550, company has recalled almost 16,091 trucks in US. Dealers will [...]
December 8, 2011
Ford Decided to Invest 128 Million for its Ohio Assembly Plant!
America’s well-know multinational automaker, Ford Motors Corp has decided to invest nearly 128 million at the Ohio Production Plant. The company has decided to shift the production of its two medium-duty pickup truck lines from Mexico to Ohio Assembly Plant by 2014, and with this the company is planning to bring back the trucks to [...]
November 29, 2011
New 2012 Focus Hatchback Revealed
When we first saw the new 2012 Focus at the Dubai International Auto Show, we were completely impressed with its attractive design and better quality. In our book, it has clearly won the battle against its new rivals including Hyundai Elantra and Honda Civic, with its first looks just by sitting on the floor. We [...]
November 22, 2011
What makes the New Chevy Camaro ZL1 Droptop Good?
According to Kelsey Mays of Cars.com, the good news is that Chevrolet Camaro performs pretty well as an affordable convertible. But then, the bad news according to her is that she points out that the ZL1 convertible is no longer cheaper. What else does she say about the ZL1 convertible? Here’s what she said: ZL1 [...]
December 24, 2011
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