China was the lone bright star in Asia on Monday, after a 'No' vote in Greece ignited a wave of risk aversion.» Read More
One month into his tenure as CEO of GM, Ed Whitacre Jr. has a pretty simple game plan for getting GM back on track: just make money. Don't laugh. It's what the man has said time and again, most recently Wednesday afternoon when talking with reporters. While his strategy may sound hokey and simple, I think it's exactly what GM needs right now.
If it's not already apparent, we are quickly heading towards a day when our car will be fully "wired" into our lives and that connectivity opens up a host of opportunities and problems.
Ford Motor's December sales leaped an adjusted 23.3 percent, far outpacing industry forecasts for the U.S. automaker, while sales at General Motors declined 12.8 percent, slightly worse than expected.
In the clearest sign yet that the world's least expensive mass-market car is coming to the U.S., Indian automaker Tata says its Nano micro-car could be here in three years.
It may be halfway around the world from Detroit, but the auto expo this week in New Delhi, India is in many ways a far more important than the one we'll see next week in Detroit.
Maybe it's because the Chinese are new to the auto game. Maybe it's because Americans automatically think, "we invented the car business and nobody can do it better than us." Or maybe it's because some people are worried the Chinese will grow Volvo and become an increasing threat to the Big 3.
Let's be clear, Chris Liddell is not being hired JUST to be General Motors CFO. Sure, he'll get that title and hold that job for several months, but his future at GM will go way beyond overseeing the company's financial operations.
Though some progress has been made with electric and hybrid vehicles, battery technology remains deficient, especially for the critical long-haul segment of the business.
On a regular basis, I get e-mails from people saying we spend too much time focused on GM surviving, Ford being on a roll, or the development of electric cars.
What must former GM Chairman and CEO Rick Wagoner be thinking? In less than a year most of what he built in his tenure as GM CEO and before that on the GM Board has been completely dismantled. The final piece coming today with current GM Chair and CEO Ed Whitacre announcing Saab will be wound down.
For A123 investors, it's been a nice two-day run. The stock is surging today after a 5% gain on Wednesday, as the U.S. battery maker announces a joint venture in China with SAIC Motor Corp.
The comments this week by Audi of America President Johan de Nysschen about President Obama's administration pushing electric cars is one that will no doubt get the attention of many in the auto industry.
There are two types of emails I get about Ford: The first comes from those who think we don't give Chief Executive Alan Mulally and his team enough credit for the turn-around they are executing at the auto maker. I chuckle reading these...
The leadership changes at GM keep coming. The latest, two new people running Chevrolet as well as Buick/GMC are out.
Volkswagen, the world's #3 automaker may not be a brand with much pull here in the U.S., but around the world it's flexing its muscle. In the last two days it has struck two deals that should go a long ways towards helping the German automaker eventually pass Toyota to become #1 in the world.
One week after taking over the GM CEO job, Ed Whitacre finally took questions from reporters about the troubled automaker, his goals for the company, and the culture change he is leading at General Motors
With GM now searching for a permanent CEO, the hunt will be unlike any the auto industry or the folks in Detroit have seen before.
November will not go down as a month to remember in the auto business. And it shows how the hoped for rebound in auto sales will be much like waiting for a rebound in jobs: it will require patience.
One week after I blogged about the lack of outcry from Saab owners over the impending demise of the beloved brand of cars, supporters of the Swedish company are being loud and vocal in telling me to get a clue. In general, they think I haven't done my homework and haven't given enough credit to the Web sites devoted to saving Saab like Saabs United.
President Barack Obama's plan to announce the U.S. will cut its greenhouse emissions 17% by 2020, may finally kill off those who continue to believe new fuel efficiency and tailpipe emission standards for autos will never reached stated goals.