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Vauxhall Mokka Tech Line targets company car drivers
Mon, 11 Jun 2012Vauxhall is adding a fourth trim level to the Mokka compact SUV with the Tech Line trim aimed at company car drivers for low P11D and BIK. There was a time when company cars were a great perk and taxed sensibly. But that has now loing gone – to the detriment of the car industry and the company car driver – with all fixated on P11D and BIK rates.
Chrysler offers to double cash-for-guzzlers incentive on most '09 models
Wed, 22 Jul 2009The Chrysler Group is offering consumers $4,500 on most of its 2009 models, doubling the cash-for-guzzlers incentive offered by the federal government. "Double Ca$h for Your Old Car," offers up to $4,500 cash or 0 percent financing for 72 months on qualifying new vehicles, even if the consumer's trade-in doesn't qualify for the federal incentive. The program starts Thursday, July 23, and runs through August, Chrysler announced Wednesday.
Ford burns through $5.5 billion in 4th quarter as losses mount
Thu, 29 Jan 2009Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.