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Everybody remembers his first car, and most of us remember a second coming-of-age milestone: our first new car. After years of driving around in Mom's old Chevrolet Caprice or Granddad's (may he rest in peace) Ford Torino (it too), finally came the day when you wiped your hands of automotive grease and traded in the wrenches for your first new set of wheels and breathed in its intoxicating new-car smell. Having grown up in the backseat of my father's 1957 Pontiac, I had little doubt that my first new car, too, would proudly sport...

Author: /time Magazine | Title: Pontiac, RIP: A Love Affair Gone Sour | 4/28/2009 | See Source »

...Should GM go into bankruptcy, the plan would involve forming one company around bad assets, such as Hummer and Saturn, and dumping the retiree health-care liabilities into it. That company could be sold off or wound down. A second company would comprise the better performing Chevrolet, Buick, Cadillac, Pontiac and GMC brands. That ongoing firm could be partly owned by the bondholders, the UAW and other creditors...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...General Motors Corp. cars have ever had the mystique of the Chevrolet Camaro. A macho machine if ever there was one, the Camaro was launched in the 1967 model year in response to Ford's fabulous Mustang. The Camaro made waves quickly, because buyers had the option of muscling it up with GM's big-block V8 engines, turning a sporty 4-seat roadster into a street monster and track regular. Mustang had the name; but Camaro had the horses. Like many of Detroit's muscle cars, though, Camaro was doomed by paunchier styling and performance over the years...

Author: /time Magazine | Title: Detroit Tries Muscle: The Return of the Camaro | 3/21/2009 | See Source »

...However, Jim Kliesch, senior engineer with the Union of Concerned Scientists, argues that the industry can meet California standards with relatively modest improvements to the traditional internal combustion engines, especially if the automobile fleet continues to absorb more hybrid and electric vehicles. Bob Kruse, executive director of GM's Chevrolet Volt, said this week that the Volt hasn't gotten an EPA rating yet. But under current test procedures it could get a rating of better than 100 miles per gallon because it uses electricity rather than gasoline to propel the vehicle. The gasoline only would be used to power...

Author: /time Magazine | Title: California and Detroit Go to War over Gas Mileage | 3/8/2009 | See Source »

Lloyd Creger, an administrative assistant in the Justice Department, was inching along the northbound span of the 14th Street Bridge in his Chevrolet station wagon when he heard the roar of Flight 90's engines. He thought nothing of it; hundreds of planes every day take off from National and head out over the bridge. But this time was different. Creger watched in horror as the blue-and-green jetliner suddenly appeared out of the gray mist. The plane slammed into the crowded bridge, smashed five cars and a truck and then skidded into the frozen river...

Author: /time Magazine | Title: Archive: Plane Crashes Into Potomac River | 1/15/2009 | See Source »

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