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  • 2010 Chevy Camaro

    For pure "car lovers", the re-birth of the Chevy Camaro is like an early Christmas gift. A modern day muscle car (base sticker $22,995) built for people who live for the thrill of the drive. But...

  • GM auto dealership with sign.

    When a stock trades down around $2.50 a share it's dangerous to make too much out of a dramatic move up or down.

  • General Motors

    Today, General Motors announced it no longer needs a $2 Billion dollar loan from the Treasury Department this month.

  • Arnold Schwarzenegger

    Schwarzenegger has come to personify what many in the domestic auto industry can't stand. He is unabashed in his belief auto makers can and should make cleaner, more fuel efficient vehicles.

  • Remember when Ford CEO Alan Mulally took over the top job at the auto maker and boldly pronounced, "We will win with great cars!"? I do. I remember thinking, "Well, this will be interesting to see if Ford can truly become competitive in cars."

  • Jay Leno

    Tonight Show host Jay Leno knows that. Which is one reason he is bringing "Jay's Comedy Stimulus Plan" to Detroit on April 7th and giving away tickets to anyone who says they are unemployed.

  • UAW_logo_new.jpg

    This afternoon, the UAW members at Ford overwhelmingly voted in favor of changing their contract with the auto maker.

  • Obama Auto Team

    When President Obama's Auto Task Force rolls into Detroit Monday it will spark another round of stories and speculation about when the Treasury Department will decide the fate of GM, and Chrysler. Don't hold your breath.

  • GM_capitol.jpg

    Shares of GM have been getting hammered due to growing speculation the beleaguered auto maker is edging closer to filing for bankruptcy.

  • General Motors

    After General Motors issued its 10K report yesterday casting doubt on whether it can survive, there have been plenty of questions about why GM doesn't just go into bankruptcy.

  • GM_logo_down.jpg

    Admit it. When you see the headlines of GM warning it could be forced into chapter 7 bankruptcy and liquidate, you likely have two reactions. First, you say "Duh! These guys have been hanging on by a thread, of course they could go under."

  • two_cars.jpg

    After years of getting into the habit of buying or leasing a new car every 3 or 4 years, or even going one step further and buying a third car for a house with only two drivers, Americans are pulling back.

  • February auto sales are shaping up to be as weak, if not weaker, than the poor results posted in January.

  • ford_logo_black.jpg

    Ford's February auto sales fell a whopping 48.4%, which will re-enforce fears the the economy continues to stumble.

  • Truck_forsale.jpg

    This may be the best time to get the deal you want on a new car or truck. In fact, if you can stomach the idea of taking on an auto loan in this economy, dealers will bend over backwards to get you in the new ride you want.

  • The drop in auto sales has created a glut of auto factories and turned niche brands into luxuries Detroits auto guys can no longer afford to hold.

  • money_spread.jpg

    As expected, General Motors posted horrendous 4th quarter numbers this morning with the company losing $9.6 Billion. For all of 2008 GM lost $30.9 Billion making it one of the worst years ever for the auto maker.

  • Ford

    Tuesday afternoon Ford took another huge step in showing it's committed to cutting costs and "sharing the pain".

  • GM Dealership

    Remember when Barack Obama was campaigning for President and he went to Detroit with a very unpopular message in Motown? In essence he told an audience filled with auto execs it was time for them to start building fuel efficient vehicles, hybrids, and models that would lead Detroit out of its money losing ways.

  • Obama Auto Team

    The man many thought would be "Car Czar" will now be leading the task force looking at how to fix General Motors and Chrysler. Steven Rattner is joining the Obama team as counselor to Treasury Secretary Timothy Geithner.