Auto dealers hope the federal government’s $700 billion bailout package will thaw credit markets so they can finance floorplans and consumer purchases, the chairman of the National Automobile Dealers Association said today.

Auto dealers hope the federal government's $700 billion bailout package will thaw credit markets so they can finance floorplans and consumer purchases, the chairman of the National Automobile Dealers Association said today.

Suffering auto sales in 2008 have cost auto dealerships one quarter of the gross profits they generated in 2007, an Edmunds.com study has found.

Suffering auto sales in 2008 have cost auto dealerships one quarter of the gross profits they generated in 2007, an Edmunds.com study has found.

General Motors has ceased equipping its vehicles with a hot-spray windshield washer system that prompted a recall of 944,000 cars and trucks in late August.

General Motors has ceased equipping its vehicles with a hot-spray windshield washer system that prompted a recall of 944,000 cars and trucks in late August.

Drivetrain and safety parts supplier TRW Automotive Holdings Corp. said today it expects to post a third-quarter net loss and has withdrawn its full-year revenue projection.

Drivetrain and safety parts supplier TRW Automotive Holdings Corp. said today it expects to post a third-quarter net loss and has withdrawn its full-year revenue projection.

Just Posted! Nikon D700 in-depth review. When Nikon launched its first ever full-frame DSLR, the D3, in August last year it was an instant success with professionals and serious amateurs alike. Now Nikon has transplanted the D3’s excellent full-frame sensor into a more compact body and offers the package at a price point that is much more appealing to the masses. A recipe for success? Find out after the link.

Just Posted! Nikon D700 in-depth review. When Nikon launched its first ever full-frame DSLR, the D3, in August last year it was an instant success with professionals and serious amateurs alike. Now Nikon has transplanted the D3's excellent full-frame sensor into a more compact body and offers the package at a price point that is much more appealing to the masses. A recipe for success? Find out after the link.