That thing got a Hemi? Probably not, according to Chrysler. Chrysler has decided to go green and small. Although the engine will not entirely disappear from the lineup, it will be underplayed by the company, where it will still show up in a few Dodge cars and the Ram truck and as an option in some Jeeps and the Chrysler 300, though it will now be known as the nondescript 5.7 … [Read more...]
GMAC Resumes Subprime Auto Loans
GMAC Financial Services will once again loan money for cars to subprime borrowers in order to stimulate sales. This sounds suspiciously similar to the subprime mortgage lending that started the entire financial mess in the first place. If it doesn't work for mortgages, how, exactly, does it work for cars? What are they thinking? Taxpayers are taking the risk for everything … [Read more...]
Chrysler May Be Selling the Dodge Viper
It's no secret the big 3 are in deep financial straits and they're entertaining all options to generate cash, offload slow movers and concentrate on their core business. In line with this thinking, Chrysler just announced they're considering the sale of the Dodge Viper. CEO Bob Nardelli said they were approached by interested parties inquiring if the Viper might be available … [Read more...]
Purpose Built Police Car from Carbon Motors and Lotus
The days of the "Police Interceptor" version of a big Ford sedan or any retail car available to the general public may be coming to a close, at least that's what Carbon Motors is trying to do with a bit of help from Lotus Engineering. Those two companies have teamed up to build a purpose built police patrol vehicle, not a warmed over version of the family sedan, this is a … [Read more...]
Felix Chevrolet Sign Declared Historical Monument
The neon sign above the Felix Chevrolet dealership at Figueroa and Jefferson Boulevard in Los Angeles has been lighting up the night since 1958 and was just declared an historic-cultural monument, surviving potential redevelopment of the corner property that would require the sign be torn down. It is a landmark familiar to thousands and makes up a part of the city's … [Read more...]