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Tuesday, August 19, 2008

GM adds 12-month/12,000-mile bumper-to-bumper warranty on certified used vehicles

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Now that leasing seems to be going through a slow phase-out, shoppers looking for a good deal on a newish vehicle may take a harder gander at certified pre-owned models. GM realizes this and has responded by ambushing customers increasing the warranty coverage on the CPO models for all of its brands, minus Cadillac which has its own program. The new warranty stands at 12-months or 12,000 miles and begins when the CPO purchase is made -- an increase of up to nine-months over the previous guarantee. Being a "bumper-to-bumper" warranty, everything excluding wear items like tires and brakes are covered for manufacturing defects. The powertrain warranty remains: five years or 100,000 miles from when it was sold as new.

GM hopes that this increased coverage has a corresponding effect on its CPO sales. What's more, the automaker also believes that this action will have a desirable effect on its vehicle's residual values.

[Source: Automotive News - sub. req'd]

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2008 Cadillac CTS awd

2008 Cadillac CTS awdThe 2008 Cadillac CTS I drove for a week was loaded to the gunwales with options, pushing the price to $48,240. An $8165 luxury package bought a high-end stereo with music hard drive, navigation, an extra-huge sunroof, heated and cooled seats, leather and wood, passive keyless entry, full power seats, rear park assist, and other lesser items. In addition, this car had a $1740 performance package (sport suspension, eighteen-inch wheels, HID headlamps, a limited slip differential, an uprated cooling system, and fog lights). A high-performance braking system was a separate item, at $395. Another major sticker inflator was all-wheel drive, at $1900.The black-on-black Caddy made a good initial impression. The interior is striking; its materials and design need no excuses. Outside, this second-generation of the art & science (whatever happened to that tagline, by the way?) design is beautifully realized. But the car's price struck me as very high, and many of the options seemed of dubious value.The first few days I had it, I drove it only up and down the steep hills of our town, and the gas mileage was horrible. It was mired in the 13-mpg range, and I wondered if the all-wheel drive was to blame. EPA tests for the 306-hp CTS rate both the RWD and AWD versions at 16 city/22 highway, but in the real world there may be a penalty. Eventually, I took a 10-hour road trip and despite heavy traffic the overall mileage improved to 21 mpg. On that trip I encountered several severe downpours, and the AWD CTS plowed through it all, for which all-wheel drive perhaps bears some of the credit.GM's navigation system, however, once again proved disappointing. Sample failing: I-287 ends at I-95, and as I'm leaving I-287 and entering I-95 east, it tells me to keep following I-287 for the next 8 miles. I also couldn't get it to display the map alongside the XM radio info; it only wanted to show the list of upcoming exits (a function I find pretty worthless) alongside the radio info.I also grew to hate the passive keyless entry, mostly for its passive locking feature. (If you have the fob in your pocket, the car automatically locks as soon as you walk more than a few feet away from it.) This means that if the driver carries some item into the house, the cars locks itself while your passenger is still getting stuff out of the car. Or when you walk up to open your front door, the car locks itself before your passengers have gotten out, and they then set off the alarm. Passive unlocking is fine; keyless starting is fine; passive locking is annoying.The 306-hp engine is gutsy and the automatic never makes a false move, although I was surprised to find no shift paddles, particularly considering the sport package. The steering is nicely weighted, but the sport suspension feels stiffly sprung and under damped.Overall, I think less is more when checking the option boxes on the CTS. It also certainly would be cheaper.Read More | Digg It | Add to del.icio.us

China may replace Germany as VW's top market

China may replace Germany as VW's top market

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Volkswagen was one of the pioneers in infiltrating the booming Chinese market, and now the automaker's early efforts are paying off handsomely. VW is planning to sell over 1 million vehicles in the land of the Great Wall in 2008, which should mean that the automaker's China sales will surpass those in Germany for the first time ever. While that may make it sound like there's a problem with VW's Germany sales, it's more a testament to a 19% market share in a country with 1.4 billion people.

Volkswagen is also keeping the heat on the Chinese market, with 14 new vehicles scheduled for launch during the next two years. That's a substantially faster pace than the 11 products VW updated in the previous three years, and a big reason why sales will likely continue to rise. The automaker is turning a serious profit in China, and with products like the affordable and efficient up! on the horizon, Germany's volume automaker looks to be set up well in the worlds fastest-emerging market.

[Source: Automotive News - Sub. Req.]

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Monterey 2008: Pebble Beach celebrates California Spyder's 50th

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Click image above for high-res gallery of pics of the Ferrari California Spyders

The 250 GT California Spyder is one of Ferrari's most celebrated (and valuable) models, most often remembered by the general public for its starring role in the movie Ferris Bueller's Day Off. This year marked the Spyder's 50th anniversary, and the Pebble Beach Concours d'Elegance celebrated the occasion by giving the car its very own class. Six variations of the car were produced, all of which were displayed on the 18th fairway including the original prototype and a competition version that raced at both Sebring and Le Mans. Follow the jump for more information on these amazing cars and enjoy the high resolution gallery below.


Photos Copyright (C)2008 Drew Phillips / Weblogs, Inc.

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