Riffs on Rides
Riffs on Rides

auto business

Vintage Japanese cars could be the next big collector's item

By • Sep 25, 2009

Acura NSX Vintage Japanese cars are ripe for collectors. That’s what Grassroots Motorsports, a magazine for sports car enthusiasts, is predicting for the generation that grew up on Hondas, Datsuns and Mazdas. So troops, get out your checkbook or look in your garage. Check out this list of 10 Japanese classics–all models that were imported [...]



Cash for clunkers ends tonight: a video explains what you may want to know

By • Aug 24, 2009

Cash for Clunkers comes to an end. See this video for some interesting info.



Cash for Clunkers car prices are climbing says Edmunds.com

By • Aug 7, 2009

Edmunds.com, an online resource for automotive information, warns consumers that car prices are climbing as the “Cash for Clunkers” feeding frenzy is influencing the marketplace. “Since the program launched, we’ve seen that shoppers are getting less of a discount off sticker price for new cars,” notes Senior Analyst Michelle Krebs in her report on Edmunds’ [...]



BMW pulling out of Formula One for good reasons

By • Jul 29, 2009

BMW is pulling out of Formula One at the end of this season, the company announced yesterday. Although it will remain involved in auto racing, BMW wants to use is its healthy F1 budget to advance “sustainability and environmental compatibility.” Why not? Times are changing and BMW is willing to look in new directions. While [...]



GM bankruptcy gets help

By • Jul 6, 2009

While I was spending time sunning and swimming yesterday, the bankruptcy court in NYC was hard at it hashing out plans for GM. The upshot? Judge Robert Gerber of the U.S. bankruptcy court in Manhattan approved a restructuring plan that allows General Motors to sell some of its prized assets to a new, government backed [...]



Green Cars to be Built at Former GM Plant in Louisiana

By • Jun 22, 2009

Occasionally I hit upon a story that has emotional appeal. This one is about rebirth; creating jobs, rebuilding a plant that was falling down and building fuel-friendly green cars. It started with a significant investment by Texas billionaire T. Boone Pickens, the San Diego based car maker V-Vehicle Co. and a retired GM plant in [...]



Hummer Sells to Chinese Company

By • Jun 3, 2009

Miracles do happen! A day after GM filed for Chapter 11 bankruptcy, they’ve got a deal to sell their Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. in China. The deal is expected to secure more than 3,000 U.S. jobs in manufacturing, engineering and at Hummer dealerships around the country. “There are a lot [...]



Chrysler LLC Update:Dealerships May Go Away But Not Customers

By • May 14, 2009

Some more updates from  Automotive News.  Chrysler LLC will eliminate 789 dealers, or 25 percent of its U.S. network, by June 9. What does this mean for the local community, for car buyers and for Chrysler? Comments from  Edmunds.com : “Local communities who are losing dealerships will clearly see a rise in unemployment. “Dealerships may [...]



Riffs on Rides