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Obama calls for shared sacrifice in auto bailout
Fri, 16 Jan 2009President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.
Cadillac CTS (2014) [w/Gallery]
Tue, 26 Mar 2013The all-new Cadillac CTS has broken cover ahead of its official debut at this week's New York Auto Show. This third-generation CTS is a clear evolution of its predecessors design-wise, but the crucial shift is in its growth – it's now, more logically, alligned to its main competitors, the BMW 5 Series, Lexus GS and Audi A6. This follows the smaller ATS' lead, which is within millimeters of a 3 Series.
Nissan Qashqai n-tec introduced
Sun, 19 Apr 2009Nissan has announced a new version of its best selling Qashqai - the Nissan Qashqai n-tec But Nissan aren’t standing still with the Qashqai. They introduced the Qashqai+2 option to give seven seat capability to the Qashqai, and now they are beefing up option levels on the top of the range Tekna version, and introducing a new model – The Nissan Qashqai n-tec. The Qashqai n-tec slots in between the Tekna and the Acenta and brings a well-equipped extra version to the good handling compact SUV.