Tuesday, 17 Nov 2009 | Source: Reuters
Ford's Fusion mid-size sedan was named Motor Trend magazine's 2010 "car of the year" Tuesday, adding to the perception that changes to the No. 2 U.S. automaker's vehicle lineup are gaining traction.
Monday, 16 Nov 2009 | Source: CNBC.com
The company is in a position to start paying back taxpayer loans, but still lost $1.2 billion in the third quarter.
Friday, 13 Nov 2009 | Source: The New York Times
For all its financial troubles and shortcomings as an automaker, no aspect of G.M. has confounded its critics as much as its hidebound, command-and-control corporate culture. The New York Times looks at the carmaker's effort to change.
Friday, 13 Nov 2009 | Source: The Associated Press
Police say a low-flying pelican distracted a driver in Texas, causing him to veer off a road and drive his million-dollar sports car into a salt marsh.
Friday, 13 Nov 2009 | Source: Reuters
General Motors reaffirmed on Friday it wants state aid to help overhaul European arm Opel after a newspaper quoted GM's chairman as saying the U.S. carmaker will not ask German taxpayers for help.
Wednesday, 11 Nov 2009 | Source: Reuters
General Motors could be hurt by pay restrictions on senior executives set by the U.S. government, the automaker's chairman said, urging an overhaul of the salary caps.
Tuesday, 10 Nov 2009 | Source: Reuters
China's Zhejiang Geely Holding Group, vying to buy Ford Motor's loss-making Volvo unit, has developed a turnaround plan under which it hopes to double Volvo's sales to near 1 million vehicles a year, media reported on Wednesday.
Tuesday, 10 Nov 2009 | Source: Reuters
German Chancellor Merkel urged General Motors to quickly present a restructuring plan for its European unit Opel and said the U.S. automaker should not count on governments to shoulder most of the overhaul costs.
Monday, 9 Nov 2009 | Source: Reuters
Automobile parts maker Lear said on Monday that it had emerged from bankruptcy protection with less than $1 billion in debt.
General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike. GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.
Thursday, 5 Nov 2009 | Source: The New York Times
The old Chrysler was famous for its aggressive marketing and auto-show stunts, like running a cattle drive down the streets of Detroit to publicize a new pickup. But for its coming-out party on Wednesday, the new Chrysler stuck to a far more serious and subdued script, says the New York Times.
Thursday, 5 Nov 2009 | Source: Reuters
Toyota Motor reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
Keeping Opel is the best strategic option for General Motors given the improved economic conditions, but the automaker needs to appease German politicians' and trade unions anger over its about-face and adapt itself to German ways, European analysts said Wednesday.
Wednesday, 4 Nov 2009 | Source: Reuters
Nissan Motor, Japan's third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market's expectations.
Wednesday, 4 Nov 2009 | Source: Reuters
Honda Motor aims to improve its cost structure to be able to break even in Japan using just 70 percent of its capacity to build cars, a top official at Japan's second-biggest automaker said on Wednesday.
Posts |
TOPIC : Automobile Industry
27 Nov 2009
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25 Nov 2009
While some shoppers slip out of bed in the middle of the night, slide into their track shoes and get ready to run for the Black Friday sales, some banks are hoping to get them limbered up for another event: savings.... Read More
25 Nov 2009
A month and a half after announcing a safety recall of 3.8 million vehicles as risk of having accelerators trapped under floor mats, Toyota has a plan to fix the problem... Read More
24 Nov 2009
Why doesn’t it look like our situation’s improving? Because it is.... Read More
24 Nov 2009
Remember the good old days? The days when auto shows were major events where an automaker could generate buzz with new models? Where you could see the public's appetite for new cars and trucks? Next week we'll see if auto shows still have the magical pull or if the pall over last years auto show season lingers into this year’s slate of shows... Read More
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