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  • Ford to Get Loan to Develop Fuel-Efficient Vehicles Monday, 22 Jun 2009 | 7:29 PM ET

    The Energy Department is lending money to the Ford Motor from a $25 billion fund to develop fuel-efficient vehicles, congressional officials said Monday.

  • Small Carmakers Benefit From Detroit’s Woes Monday, 22 Jun 2009 | 11:05 AM ET

    In addition to the recession, and the bankruptcies of Chrysler and General Motors, a new threat has appeared in the rearview mirror. Many smaller automakers are gaining a bigger share of the market, most notably Hyundai and Kia.

  • The Big Global Auto Shake-Up Friday, 19 Jun 2009 | 9:35 AM ET

    While most of us have been focused on the turmoil churning up GM and Chrysler the last 9 months, there's been far less attention given to the fact almost every other auto maker is struggling right now.

  • Girsky On GM Board Is Good For Company Thursday, 18 Jun 2009 | 5:08 PM ET
    General Motors Headquarters

    The UAW VEBA fund has named auto consultant and former auto analyst Steve Girsky to the board of General Motors. It's an appointment that should be applauded at GM, in Detroit, and on Wall Street.

  • Big Three: Ready To Give Them A Second Chance? Thursday, 18 Jun 2009 | 9:54 AM ET
    Ford

    Could it be we Americans are ready to take a new look at the Big 3? A couple of data points coming out this week show good news for GM and Chrysler, and by extension of being a domestic auto maker, for Ford as well.

  • Should GM Change Its Name? Wednesday, 17 Jun 2009 | 9:41 AM ET
    General Motors

    It is an idea that has been floating around Detroit among those in the auto industry. Should General Motors change its name? When I first heard this question, I chuckled and thought, "Would it really be wise to throw out a well known name after 100 mostly successful years?"

  • Cash For Clunkers Program -  A Clunker? Tuesday, 16 Jun 2009 | 9:58 AM ET

    The bill would give people a voucher for $3,500 to $4,500 if they turn in their old car or truck for new fuel efficient model built in North America. On paper it sounds good. In reality, the number of people who may actually benefit from this program could be extremely limited.

  • Ford's Fuel Efficiency Run Monday, 15 Jun 2009 | 9:56 AM ET
    Alan Mulally

    Ford CEO Alan Mulally has been saying it ever since he took over the blue oval. Ford Chairman Bill Ford Jr. has been backing the idea for just as long. Now we'll see if the company that got a lot of Americans hooked on SUVs (and made billions of dollars in the process) can be successful with fuel efficient cars and crossovers.

  • Don't Sob For Saab Friday, 12 Jun 2009 | 9:53 AM ET

    This one is for Wally Griffith. Wally was the executive producer of the "Saving GM" and "Saving GM: Inside the Crisis" documentaries. He would ask the same question time and again: Why does GM own Saab?

  • Small Cars Rack Up Big Repair Bills Thursday, 11 Jun 2009 | 12:01 AM ET

    I can already hear the groans from fans of micro cars and the chortling from those who think the public is nuts to be excited over sub-compact cars.

  • Chrysler CEO Marchionne: Today Is Day For Optimism Wednesday, 10 Jun 2009 | 12:32 PM ET

    Within an hour of signing the papers officially creating a new Chrysler that is out of bankruptcy and in an alliance with Fiat, Marchionne sent an e-mail to Chrysler employees.

  • Chrysler And Marchionne: What We Can Expect Wednesday, 10 Jun 2009 | 9:29 AM ET
    Sergio Marchionne

    Forty days. In the world of corporate bankruptcies, I guess you could call that a quick rinse. Now that Chrysler's balance sheet has been cleaned up (thanks in large part to billions in Federal financing), the auto maker is primed for life with Fiat.

  • GM Board Needs Gumption Tuesday, 9 Jun 2009 | 9:26 AM ET
    Fritz Henderson

    With the Supreme Court on the cusp of deciding whether to approve or block the sale of Chrysler, the restructuring of GM's board of directors is a story that may be overlooked. That would be a mistake. The new GM board faces one of the largest challenges ever in American business.

  • Can GM Change? Monday, 8 Jun 2009 | 9:20 AM ET
    GM auto dealership with sign.

    If you've read this blog for some time you've heard me say the easiest part of GM's bankruptcy will be filing the motions to cut dealers, shed plants, erase liabilities. And as always, don't take my use of the term "easy" to mean there is not a lot of pain that goes hand in hand with severing ties with thousands of people who have been part of the GM family for decades. There is plenty of pain.

  • GM's Saturn: A New Era And Chance to Shine Friday, 5 Jun 2009 | 9:38 AM ET
    Saturn Aura

    Whenever I tell people that Saturn has been a neglected, and potentially highly profitable jewel in the GM family of brands, people look at me like I've got three heads.

  • "The Deal Is Done" For Dealers? Wednesday, 3 Jun 2009 | 3:40 PM ET

    In an opening statement before questioning GM CEO Fritz Henderson and Chrysler President Jim Press, Sen. Haynes said, "The deal is done." It was a painfully succinct summary of why thousands of auto dealers upset about losing their affiliations with GM and Chrysler are unlikely to find relief in Washington.

  • Dealers Long Shot On Capitol Hill Wednesday, 3 Jun 2009 | 9:53 AM ET

    Today on Capitol Hill, the Senate Commerce Committee will question GM CEO Fritz Henderson and Chrysler President Jim Press about their moves to close roughly 2000 dealerships. For all the importance that comes with a Congressional hearing, don't expect much to change after this one.

  • Art Cashin: No Green Shoots — But Autos Look Good Monday, 1 Jun 2009 | 12:49 PM ET

    General Motors filed for Chapter 11 bankruptcy protection Monday and all eyes are on the U.S. government's 60 percent equity stake in the auto maker. What does this bode for the stock market? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights.

  • GM, US Auto Industry Will Be Fine: Analyst Monday, 1 Jun 2009 | 11:46 AM ET

    John Wolkonowicz, senior analyst at IHS Global Insight, and Alex Taylor, senior editor at Fortune Magazine, discussed the General Motors’ bankruptcy and the future of the automobile industry.

  • GM Headquarters

    Somewhere Walter P. Chrysler and Alfred Sloan are shaking their heads. The men who left an indelible impression on the American auto industry must be watching what will happen today and wonder, "do these guys really have a shot at making it?"