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News watch May 2012: today's auto industry news
Tue, 29 May 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.
Chevrolet Camaro ZL1 details leak out
Mon, 24 Oct 2011Details about the high-performance 2012 Chevrolet Camaro ZL1, taken from the dealer ordering guide, are spreading on the Internet courtesy of fans on the Camaro5 message board. Here are some of the highlights: -- The LSA supercharged 6.2-liter V8 will deliver 580 hp and 556 lb-ft of torque on premium fuel. It will connect with a Tremec six-speed manual transmission as standard, while a Hydra-Matic six-speed automatic will be optional.
GM expands credit union program nationally
Thu, 08 Jan 2009General Motors on Wednesday launched a nationwide test program that gives 90 million credit union members access to the company's Credit Union Member Discount Program with participating GM dealers. The "Invest in America" program also gives members access to financing on new-vehicle purchases. This follows a four-state Midwest program GM began early last month.