First Look: 2010 Mercedes-Benz E63 AMG

First Look: 2010 Mercedes-Benz E63 AMGWith a new Mercedes-Benz E-class already out in Europe and destined for U.S. dealerships this July, a new 2010 E63 AMG is also due.

With a new Mercedes-Benz E-class already out in Europe and destined for U.S. dealerships this July, a new 2010 E63 AMG is also due.
Photo Gallery: 2010 [...]

Ford Advantage Plan guarantees job loss protection for new vehicle loans

Filed under: Car Buying, Trends, Ford, Lincoln, Mercury, Earnings/Financials

It isn’t even noon yet here in Detroit, but already it’s been a busy day thick with bailout fallout and new consumer loan guarantee programs introduced by General Motors and the Ford Motor Company.

The Blue Oval has just unveiled its new Ford Advantage Plan, which can be [...]

GM launches Total Confidence program to encourage buyers

Filed under: Car Buying, GM

General Motors has announced a new incentive program that it hopes will encourage people to enter the car buying market again. Called GM Total Confidence, the program has four prongs that includes Payment Protection if you lose your job, equity assistance if you trade in your vehicle later for another one [...]

Cerberus to reportedly lose stake in Chrysler as part of bailout deal

Filed under: Chrysler, LLC., Earnings/Financials

According to The Wall Street Journal, Cerberus Capital Management is set to shed its stake in Chrysler as part of the conditions surrounding the company’s bailout arrangement with the U.S. government.
According to the article, the financial paper cites an anonymous source within the Obama administration as effectively saying that “Cerberus’ equity [...]

New GM CEO Fritz Henderson gives live press conference at 10AM EST

Filed under: Videos, GM

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New GM CEO Fritz Henderson gives live press conference at 10AM EST originally appeared on Autoblog on Tue, 31 Mar 2009 09:55:00 EST. Please see our terms for use of feeds.

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