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Consumer Reports has lifted its "Don't Buy" rating on the Lexus GX 460 SUV less than a month after it warned of handling problems, following new tests that showed recall work corrected the problem.
In 2007, General Motors made a loss of $38.7 billion. In the light of the published losses GM has conceded that it expected auditors to question its future viability when it releases its annual report in March. [86] On the June 1, 2009, General Motors filed for Chapter 11 bankruptcy after failing to successfully negotiate deals with bond ...
Manufacturers made 15% to 20% profit margin on an SUV, compared to 3% or less on a car. [102] When gasoline prices rose above $4 per gallon in 2008, Americans stopped buying the big vehicles and Big Three sales and profitability plummeted. The 2008 financial crisis played a role, as GM was unable to obtain credit to buy Chrysler.
The compact SUV Suzuki Samurai gained a reputation in the U.S. market of being an unsafe car and prone to a rollover after Consumer Reports, the magazine arm of Consumers Union, reported that during a 1988 test on the short course avoidance maneuver (Consumer Union Short Course Double Lane Change, or CUSC for short), the Samurai experienced what they deemed as an unacceptable amount of tipover ...
The average new car in August 2022 cost $46,259, according to a recent J.D. Power sales report. That's 12% higher than August 2021, and it reflects an all-time high for new car prices. Meanwhile,...
Three of the hottest holiday retailers -- Walmart, Amazon, and Best Buy -- are enticing savvy shoppers with free shipping in a bid to get the biggest Free Shipping Wars of Christmas 2010 Skip to ...
A Ford Excursion SUV next to a Toyota Camry compact. Sport utility vehicles (SUVs) have been criticized for a variety of environmental and automotive safety reasons. The rise in production and marketing of SUVs in the 2010s and 2020s by auto manufacturers has resulted in over 80% of all new car sales in the United States being SUVs or light trucks by October 2021. [1]
A good TV infomercial is an audience eager to spend its money to buy the next great, must-have product. But what's behind the claims? A good pitch does not make a good product. And as we've ...
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