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Automotive News Archive28-Jul-2006Porsche Takes J.D. Power Win Porsche came in first, winning the top spot in the J.D. Power and Associates 2006 survey of initial vehicle quality. Porsche beat out Lexus, last year's winner. Hyundai moved up, way up, to third. Midsize SUV Sales Show Signs of Weakening With gasoline holding steady in the $3 per gallon range, it was bound to happen. Gas Prices Slip 4 Cents Gasoline prices are creeping down ever so slowly as the heavy summer driving season gets underway. White House Stiffs Automakers Again U.S. automakers are on ice again at the White House, this time until July. Hummer Sales Up as General Motors Withers May was almost a horrible sales month at General Motors but not quite -- thanks to the Hummer. It seems that a hardy band of 4,737 people ignored or thumbed their noses at rising gasoline prices and bought a Hummer. More Trouble for Popular Jeep Grand Cherokee The DaimlerChrysler Jeep Grand Cherokee is facing a second recall in a week. Toyota Hybrid Tax Credit to Decline as Sales Climb For consumers considering a Toyota Prius, now is the time to act. The hefty federal tax credit attached to the hybrid will soon go down and the amount a consumer can pocket could well decline before clearing the ample waiting list at a nearby Toyota dealer. Bank Of America Offers Hybrid Rebate to Employees The number two bank in the U.S. plans to offer $3,000 rebates to some employees who buy hybrid vehicles. Banker of America Corp. is now the largest U.S. corporation to offer hybrid incentives.
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