Despite Saab having several suitors interested in purchasing the brand, paying off its debts and restarting production, no deal could ever be finalized and the automaker finally declared bankruptcy last December. The reason no deal could be finalized was because of GM’s refusal to allow any...
Automakers are already fretting at the thought of achieving the new 35.5 mpg CAFE standards imposed by the U.S. government by 2016, and now the Obama administration has laid... September 16, 2009 by Viknesh Vijayenthiran
That was quick. Just a month after President Obama signed in the $1 billion ‘cash for clunkers’ bill, and less than a week of it running, the program has already... August 7, 2009 by Ralph Hanson 12
Ford may be the only American carmaker reporting a rise in sales for July, but Detroit's beleaguered trio didn't fare too badly - almost half of the fuel-efficient upgrades... August 3, 2009 by Ralph Hanson 2
In May the White House unveiled a new fuel efficiency policy calling for 35.5mpg fleet averages by 2016, and almost immediately the carmakers began talking about how much it... July 31, 2009 by Alex Kaufmann 5
The U.S. Environmental Protection Agency this week granted California a long-anticipated Clean Air Act Waiver. Under the plan, California - along with 13 other states - will... July 1, 2009 by James Martinez 1
The Cash-for-Guzzlers bill is just one of the incentives the government is trying to implement to bring the U.S. auto industry back to its pre-recession levels. Recently, the... June 24, 2009 by Viknesh Vijayenthiran 10
With accusations and hyperbole that the U.S. government's bailout of the Detroit 3 is a clear step towards socialism, President Barack Obama's automotive task force that has... June 11, 2009 by James Martinez 3
General Motors already has plans to slash hundreds of its dealers late next year, but for the dealers who make it through the cuts it won't just be a case of 'business as... June 10, 2009 by James Martinez
Earlier this year the original ‘Cash for Clunkers’ bill was rejected by the Senate because of research that showed the program wouldn't have made much impact on... June 9, 2009 by James Martinez 3
The collapse of General Motors has seen some of the most divergent views on both politics and the automotive industry appear in recent times, and even though the collapse of... June 9, 2009 by Ralph Hanson 6
General Motors has already announced plans to slash hundreds of dealerships across its brand portfolio, and now it appears even high-end Cadillac dealers won’t be... June 8, 2009 by James Martinez
Earlier this week General Motors formerly announced that it had filed for chapter 11 bankruptcy but the truth of the matter is that the struggling automaker’s downfall... June 4, 2009 by James Martinez 5
Just a couple of weeks ago General Motors revealed that it would be cutting ties with over 1,100 dealerships, and the bad news keeps coming for dealers as the struggling... May 31, 2009 by Ralph Hanson 1
General Motors received an additional $4 billion in loans from the U.S. Treasury late on Friday, while also reaching a cost-cutting agreement with the Canadian Auto Workers... May 23, 2009 by Ralph Hanson 2
President Barack Obama may have just taken the wraps off his new national fuel policy, but according to the state of California it’s not too soon to already begin work... May 21, 2009 by James Martinez 2