August 6, 2013 |
In an effort to juice up tepid sales of its 2014 Chevrolet Volt, General Motors Co. will slash the sticker price by $5,000, to $34,995, including shipping. The price cut makes the plug-in hybrid Volt more competitive with other rechargeable cars, including rival plug-in hybrids such as the Toyota Prius and all-electric vehicles such as the Nissan Leaf. Most of the big car companies have reduced the prices of their rechargeable vehicles this year because consumers have been slow to adopt the technology.
May 23, 2013 |
General Motors is joining the electric-car price war with a lease deal on the Chevrolet Spark EV at $199 a month. The deal, announced this morning, follows the recent offerings of $199 leases on Nissan's Leaf - a big price drop after two years of slow sales - and the newly released Fiat 500e. The Spark EV will be available at select dealers in California and Oregon starting in mid-June, according to Chevrolet. The growing number of EVs and the price competition should help all automakers sell more cars in the segment, said GM spokesman Kevin Kelly.
March 21, 2013 |
With average gasoline prices topping $4 a gallon, fewer Southern California residents say they plan to take a leisure trip over spring break, according to a survey by the Auto Club of Southern California. The annual survey of Auto Club members found that 47% said they plan at least one leisure trip this spring break season, compared with 57% in 2012 and 55% in 2011. High gasoline prices prompted 69% of those polled to say they made at least one significant cut to their budget, compared with 66% in 2012 and 61% in 2011.
October 14, 2012 |
Smokin' Jonny's BBQ opened less than a year ago, but pricey corn on the cob has already disappeared from the menu. Rising beef prices are causing owner Jon Sekiguchi headaches as well. His Gardena restaurant sells beef ribs only on the weekends, when customers are more willing to splurge. And he's struggling to find affordable beef sausage for his $6.95 smoked sausage sandwich. Scorching weather this summer in the Midwest left crops parched and livestock famished. Restaurants, already struggling with high fuel costs and a sluggish economy, are starting to feel the pinch of higher food costs.
October 7, 2012 |
It took more than two years and several price cuts, but a compound in Malibu owned by now-divorced couple Mel Gibson and Robyn Moore Gibson has sold for $9,261,250. The property had been listed in March 2010 at $14.5 million. The buyer is recently divorced reality TV producer Mike Fleiss. Described as an "old world hacienda," the main house features hand-painted details, stone and hardwood floors, several fireplaces, six bedrooms and 5 1/2 bathrooms. The master suite has a sitting room with a fireplace and two walk-in closets.
September 14, 2012 |
Gamers could become winners in a price war this holiday as console manufacturers slug it out for scarce consumer dollars, according to a report released this week. With Nintendo due to release its next-generation Wii U game console on Nov. 18 at prices starting at $299.99, rivals Sony and Microsoft are under pressure to make their current-generation consoles more appealing to consumers who don't already have one. One way to do that is to...