breaking news over 100 cars and trucks in massive accident in sweden

http://www.youtube.com/watch?feature=player_embedded&v=hYPV6-K_llY

UPDATE: GOV’T ORDERS ‘BLACK BOXES’ IN CARS

WASHINGTON -

Many motorists don’t know it, but it’s likely that every time they get behind the wheel, there’s a snitch along for the ride.

In the next few days, the National Highway Traffic Safety Administration is expected to propose long-delayed regulations requiring auto manufacturers to include event data recorders – better known as “black boxes” – in all new cars and light trucks. But the agency is behind the curve. Automakers [...]

Obama Didn’t Save the Auto Industry: He Took Away 2,200 Dealerships and 120,000 Jobs

As a Catholic who works in the trade association profession in the auto industry it was unsettling to hear President Obama claim that he saved the auto industry. President Obama closed over 2,200 auto dealerships, which caused the losses of decades old family-owned businesses and over 120,000 jobs they provided. The closures were allowed to happen under the false notion that auto dealerships were an expense on their auto maker. [...]

Feds testing ‘talking’ cars to avoid crashes, congestion

(Reuters) – Michael Knight in the television series “Knight Rider” had one. Pixar made a movie about them. Now the U.S. government is testing a fleet of so-called “talking” cars that may help American drivers avoid crashes and traffic jams.

Over the next year, U.S. officials and the University of Michigan will fit nearly 3,000 cars, trucks and buses with wireless devices that track other vehicles’ speed and location, alert drivers [...]

Car Sales Account for HALF of U.S. Economic Growth (Bloomberg)

Short points:

 

+Car sales that are running at the fastest pace in four years are poised to reverberate through the world’s largest economy as a spillover into production, profits and jobs for Americans may be starting.

 

+Auto purchases have exceeded a 14 million annual rate in each month this year, the strongest performance since early 2008, according to Ward’s Automotive Group. Government data show motor-vehicle output contributed half of the first quarter’s [...]

Americans bought more cars and trucks last year due to Low interest rates, looser credit standards and pent-up demand are driving demand.

From breitbart:

DETROIT (AP) – American bought more cars and trucks last year, spurred by easier credit, an improved economy and a desire to replace the aging vehicles that got them through the Great Recession.

Sales rose sharply for Detroit’s three carmakers and for Japan’s Nissan in 2011, aided by a surge in November and December. Analysts expect that momentum to continue into 2012.

Low interest rates, looser credit standards and pent-up demand are driving demand. The average [...]

MarketWatch: 700,000,000 Million Cars and Light Trucks Need Recalling

700,000,000 Million Cars and Light Trucks Need Recalling

 

PETERBOROUGH, ONTARIO, Sep 19, 2011 (MARKETWIRE via COMTEX) — Editors Note: There is a video associated with this Press Release.

 

Automotive engineers are sleeping at the wheel blinded by their own wipers.

 

Ring the Bells, Stop the Line, Re-Tool

 

Rodney Andrews, Ten Bridges Seven Churches No Stop Light is a series of grabbing stories of how small town people reach out and live the [...]

CAR SALESMAN-IN-CHIEF: ‘You can’t just make money on SUVs and trucks’

By Andrew Restuccia

The country’s automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.

“You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the [...]

WSJ Economy News: Japan New Auto Sales Posted Biggest-Ever Drop 51% in April

From WSJ:

TOKYO—New auto sales in Japan posted their biggest-ever drop in April, as a parts shortage caused by the March 11 earthquake and tsunami cut into production of vehicles and reduced supplies of new vehicles to dealerships, the Japan Automobile Dealers Association said Monday.

Sales of new cars, trucks and buses tanked 51% from a year earlier in April to 108,824 vehicles—the lowest-ever monthly volume, the [...]