2010 Mustang Shelby GT500: How Ford Developed The New Snake

Posted by admin on Feb 14, 2009

The 2010 Mustang Shelby GT500 made its world debut at the 2009 Detroit Auto Show in January. Many of you said it was the same old car. You were wrong. Here’s the proof.The regular series production 2010 Mustang and 2010 Mustang GT were unveiled last November at the 2008 LA Auto Show only a few short months before the Shelby, but their development went hand in hand over the course of 3 years. Ford has literally been in the stink for a while now, and to task its engineers and designers with creating a new Mustang halo car without giving them a new chassis to work with proved to be difficult, but as evidenced, was entirely possible.


Tags: , , , , , , , ,
Posted in cars || No Comments »

Obama praises Bush for auto loan, says automakers must end bad management practices

Posted by admin on Dec 20, 2008

President-elect (you won’t be hearing that much longer) praised the Bush Administration to provide $17.4 billion in loans to bail out General Motors and Chrysler. However, he said there is still more work to do and that automakers must end “bad management practices.”

“With the short-term assistance provided by this package, the auto companies must bring all their stakeholders together — including labor, dealers, creditors and suppliers — to make the hard choices necessary to achieve long-term viability,” Obama said in a statement.

Under the term of the deal GM and Chrysler will have access to $4 billion on Dec. 29.

The plan calls for significant progress by March 31 or be required to return the loans.


Tags: , , , , , ,
Posted in cars || No Comments »

Auto Bailout Plan

Posted by admin on Dec 6, 2008

GM, Ford and Chrysler employ about 250,000 people in the US and say that they support a further four million jobs. CNN says it’s not just about Detroit. The auto industry employs workers in every state - including Alaska and Hawaii. More than 2 million jobs - from manufacturing, to parts, to auto dealers - depend on car makers for their pay.


Tags: , , ,
Posted in cars || No Comments »