Thursday, February 26, 2009

Obama mistaken on who invented the car

"That’s when autos reporter Micheline Maynard corrects Obama's statement that, " nation that invented the automobile cannot walk away from it." She points out, "The automobile was NOT invented in the U.S."President Barack Obama delivered a factual error in his speech to Congress on Tuesday night. The automobile was not invented in America. It was invented in Germany, by this man, Karl Benz.

Wednesday, February 25, 2009

Hyundai Motor On a Roll in U.S.

Hyundai motor is on roll in the market of United States of America. IntelliChoice which tracks automotive ownership data has opted Hyundai’s Sonata sedan as one of its “2009 Best Overall Values of the year.” Hyundai has also got third rank as having Americas best certified pre-owned program.In the list of 10 best used cars which are available under US $ 10,000, Hyundai’s Tucson, Grandeur XG, and

Tuesday, February 24, 2009

Obama promises not to walk out from the automobile industry

President Barack Obama pledged last night to hold U.S. automakers responsible for the bad practices but vowed to help out in making a retooled, re-imagined auto industry. In the comments which were prepared for the delivery to a joint session of Congress, Obama gave an abstemious assessment of the nation’s ills significantly the economic but he stated that they’ll reconstruct and recover and U.S.

Friday, February 20, 2009

Toyota recalls former U.S. chief Inaba as woes mount

Toyota Motor Corp. is bringing back Yoshi Inaba, the former U.S. sales chief who left the automaker to run an airport. His return will be approved at the annual shareholders meeting in June, spokesman Irv Miller said today.That meeting also will approve Akio Toyoda, grandson of the company's founder, as Toyota's new president. He is expected to shake up the automaker's management ranks as the