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February 15, 2008
 

Autos Insider Newsletter

Your weekly insight into the world of autos

NEWS  THIS WEEK'S TOP STORY

For Carmakers, High Performance Equals High Profit


Slide Show  > >



  MORE TOP STORIES
AUTOS
Elusive Profits Punish GM
GM lost $722 million in the fourth quarter of 2007. It needs to continue to cut costs and develop more hit cars to get back in the black

AUTOS
Turning Chrysler Into Toyota
By cutting models and dealerships, Chrysler aims to be a leaner, more productive, and more profitable business


Rough Road for Hybrids in China
Toyota and Honda are selling eco-friendly cars in mainland China and GM is close behind. But high prices and murky policy have crimped sales

REVIEWS
Audi's Hot Little Hatchback
The 2008 Audi A3 offers style, good gas mileage, loads of standard equipment, and a turbocharged engine at a great price

REVIEWS • From TheCarConnection.com
2008 Aston Martin V8 Vantage Roadster
The sleek, new V8 Vantage Roadster is Aston Martin's most affordable model -- if you consider a MSRP $126,400 affordable

NEWS & FEATURES • From Sports Car Market
The 1904 Equivalent of a Private Jet
The 1904 Rolls-Royce 10 hp Two-Seater was a powerful symbol of its owner's status and forward thinking

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  Inside: This Week in Autos
Despite some popular new models and sales success overseas, GM posted a record loss for 2007 this week of $38.7 billion, largely due to a $39 billion charge taken in the third quarter. As Detroit bureau chief David Welch writes: "GM racked up huge tax credits in money-losing regions like the U.S., Germany, and Canada. But the company can only recover those tax credits if it can verify that it will make money in those markets. Since the company can't verify that it will make money soon, it had to take a massive paper loss." He did say that its operations did show a slight improvement and also pointed out that the company's woes were further compounded by weakness in the U.S. market and losses from the subprime mortgage business of lender GMAC. Elsewhere this week we looked at Chrysler's attempts to improve efficiencies by slashing as many as 16 of its existing models and consolidating its dealer network. We also spent time looking at the high-performance luxury cars such as Mercedes' AMGs, BMW's Ms, Cadillac's V-series and the new F cars from Lexus. Last, we test drove the sleek Aston Martin V8 Vantage Roadster and Audi's hot little A3 hatchback. Enjoy.
Charles DuBow

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