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Luxury Car Makers Caught Up In Crisis BMW Issues Profit Warning - TOP 10 Auto News Today 20080802

Posted Saturday, Aug 02, 2008 by autos

TOP 10  -  Car industry gloom descends on GM, BMW, Nissan



The meltdown in the global car industry claimed more victims on Friday as General Motors lost another $15.5 billion (7.8 billion pounds), BMW warned on profits and Nissan earnings missed expectations by a wide margin.


[ Source : reuters ]


 


TOP 9  -  Mazda's Answer to Troubled Times


Mazda's Answer to Troubled Times


I toured this bedroom community in the 2009 Mazda 6, the latest entry in the hotly contested market for mid-size, mid-priced family sedans. It was an instructive drive, one that revealed much about our economically wobbly, politically and personally uncertain times.


[ Source : washingtonpost ]


 


TOP 8  -  Redesigned Prius can arrive none too soon


Redesigned Prius can arrive none too soon


A motorist turns off the engine to coast the final block home.Another spends $5,000 to convert his car to run on used vegetable oil.And 10 percent have packed their bags and moved closer to work to save on gas, according to a recent study.


[ Source : chicagotribune ]


 


TOP 7  -  Mercedes-Benz C230 Sport - Audiophile Advantage


Mercedes-Benz C230 Sport - Audiophile Advantage


Summers also knows how to adjust an in-car EQ. "Since my teenage years, I have always been an audio enthusiast and lover of all kinds of music," he relates. In the car, that enthusiasm didn't get serious until he decided to step up the OE system in a '90 Volvo 780 coupe back in 1993. Years of competing inIASCA events came to a close when he torethe Volvo apart for a fourth and finaltime with an intention to build a 5.1 system.


[ Source : caraudiomag ]


 


TOP 6  -  Stunning Lamborghini to make GCC debut in October


Stunning Lamborghini to make GCC debut in October


Bring out those cheques gentlemen, the Lamborghini Gallardo LP560 and Lamborghini Murciélago LP 640 will be unveiled in Bahrain. The event will be held on October 4-7 during the Bahrain International Motor Show at the Bahrain International Exhibition and Convention Centre.


[ Source : zawya ]


 


TOP 5  -  Feline good with the new, modern Jaguar


Feline good with the new, modern Jaguar


After a decade pursuing retro styling in the cause of boosting sales, Jaguar has come over all sleek and modern with the new XF. Having spent a week with the V8 version of this new arrival, David Thomson reckons this fresh approach could be just what the marque needs.


[ Source : drivesouth ]


 


TOP 4  -  GM, Ford, Toyota July U.S. sales drop, Nissan's up


GM, Ford, Toyota July U.S. sales drop, Nissan's up


U.S. auto sales tumbled in July, reflecting a deepening downturn in the industry, with tight credit and weak consumer confidence driving General Motors Corp (GM.N: Quote, Profile, Research), Ford Motor Co (F.N: Quote, Profile, Research) and Toyota Motor Corp (7203.T: Quote, Profile, Research) to post double-digit declines.


[ Source : reuters ]


 


TOP 3  -  Fiat 500 Abarth: supercar for the people


Fiat 500 Abarth: supercar for the people


Is there anything on four wheels as cute as this? From its squared-off nose to its pert exhaust snaps, the Cinquecento Abarth is one of the most desirable cars on the planet, and that's before you've even sat in it. It goes on sale next January at about £13,500 and, with only 1,500 cars available in 2009, it's gonna be a sell-out - form a (dis)orderly queue.


[ Source : telegraph ]


 


TOP 2  -  Audi Announces 2009 MY Pricing for the All-New A4 Sedan and Avant Models


Audi Announces 2009 MY Pricing for the All-New A4 Sedan and Avant Models


Audi of America today released pricing for two of its newest entries, the 2009 model year Audi A4 sedan and A4 Avant. Manufacturer's Suggested Retail Price for the A4 sedan will start at $32,700, while MSRP for the A4 Avant will start at $34,500.


[ Source : marketwatch ]


 


TOP 1  -  Luxury car makers caught up in crisis, BMW issues profit warning


Luxury car makers caught up in crisis, BMW issues profit warning


The German luxury car maker BMW joined rival Daimler on Friday in warning it would miss its 2008 targets, a sign that high-end manufacturers have been caught by the international financial crisis.


[ Source : google ]

Tags: Audi, BMW, car, Fiat, Ford, Jaguar, Mercedes-Benz, news, Toyota

Comments: 4  |  Views: 147  |  Points: 0  |  Up votes: 0  |  Down votes: 0

Comments

  1. thefeesh

    by thefeesh on August 2, 2008, 9:28 am

    I thought his question was a joke.. :/

  2. sunn_haspast

    by sunn_haspast on August 2, 2008, 9:49 am

    Is that like Californication?

  3. smaxzax

    by smaxzax on August 2, 2008, 10:00 am

    Oh My. I bet that is fun!

  4. shelly

    by shelly on August 2, 2008, 10:08 am

    I believe "this car is useless, it's too powerful" is the cynical angle, not those of us who say to why not give it a try.

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  • hydenseek on July 2, 2008, 6:41 am:

    Really? It's not good, hehe. But thank you (:

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