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Americans plan to keep their cars longer, AutoPacific study finds
Tue, 14 Jul 2009In another chilling sign that auto sales are likely to remain stalled, a new study finds that Americans intend to keep their cars longer, indicating a general concern about the industry and the overall economy. The number of new-car buyers planning to keep their rides more than four years has risen to 59 percent, according to a study released Tuesday by California marketing research firm AutoPacific. That's an increase from last year, when about 45 percent of new buyers intended to wait more than four years for their next purchase, and it's up from 2005's tally of 46 percent.
Mazda plots cleaner diesels, rotaries, stop-start
Fri, 19 Sep 2008By Richard Aucock Motoring Issues 19 September 2008 07:00 Mazda has opened its R&D department up to CAR, in a demonstration of how it's tackling a changing world. It's spilled the beans on its future engine tech, how it's going to continue stripping weight out of its cars, when stop-start is coming – and more besides. Read on for the lowdown on Mazda's eco tech future.And it's not all boring.
Fisker Automotive lays off some workers as government reworks loan
Mon, 06 Feb 2012Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.