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Rising Gas Prices: Just What Detroit’s Revival Doesn’t Need Now

by | Feb 25, 2011 | Towing

As in the summer of 2008, when prices broke $4 a gallon, big jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chr…

General Motors Withdraws $14 Billion Federal Loan Application

by | Jan 27, 2011 | Towing

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM sa…

Fuel Efficiency Is the No. 1 Priority for the World’s Car Buyers

by | Jan 6, 2011 | Towing

Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives…

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