Archive for August 1st, 2008

Thanks to gas for $4 per gallon and a poor economy, people are skipping the big purchases and becoming disciplined shoppers.  Instead of splurging on cars equipped with all of the gizmos, people are holding onto their current rides and purchasing used car warranties.  However, with some savvy buying tips, you can get a new […]

Friday, Porsche Cars North America Inc. announced that in July its sales in the U.S. fell, as somewhat higher sales of its iconic sports cars were offset by sales that were lower for its Cayenne SUV. Last month, the carmaker’s sales were down 3% to 3,128 cars, whereas in July of 2007 they were 3,230. […]

Premium German carmaker BMW AG announced Friday, that due to a drastic downturn in car markets in past weeks it won’t be able to meet previously intended targets for 2008.  This is after seeing a decline of 33% in second quarter net profit.  BMW also announced that 2009 is also going to be a very […]