Carmakers are already fretting at the thought of achieving the new 35mpg CAFE standards imposed by the U.S. government by the current 2020 deadline, but an announcement by President Barack Obama today revealed the plan to get the standard up to 35.5mpg by 2016. The plan requires a gain of over 5%...
Toyota, Nissan and Honda all build cars in the U.S. General Motors, Chrysler and Ford all build cars in Mexico and Canada in addition to within the U.S. It's hard to know... May 1, 2009 by Nelson Ireson
Bankruptcy is the word of the day for Chrysler, but 'merger' will soon be replacing it. The whole bankruptcy process is being pushed forward quickly to eliminate the... April 30, 2009 by Nelson Ireson
General Motors is currently seeking a buyer for Hummer, is looking to sell a stake in Opel, plans to cut its ties with Saab, and is open to almost anything with Saturn, but... April 16, 2009 by James Martinez
In the first major sign that the U.S. government was keen on helping out the entire domestic auto industry and not just the Detroit 3 carmakers, the U.S. Treasury approved a... April 7, 2009 by James Martinez
The 'cash for clunkers' type programs have proven hugely successful in Europe - particularly in Germany - and today President Obama put his support behind at $7,500 trade-in... March 30, 2009 by Nelson Ireson
When you're Rick Wagoner, you get a golden parachute even when you're thrown out of the plane. The news today of Wagoner's $20 million retirement package might come as a... March 30, 2009 by Nelson Ireson
The Obama administration auto industry task force has rejected viability plans for General Motors and Chrysler and threatened that both may be forced into bankruptcy unless... March 30, 2009 by Ralph Hanson
General Motors has confirmed that CEO Rick Wagoner will resign at the behest of President Barack Obama and his auto industry task force. Wagoner is stepping down from the top... March 29, 2009 by Viknesh Vijayenthiran
You might disagree with his methods, but you can't deny President Obama's determination to improve the U.S. car industry's situation and to remedy the nation's current energy... March 27, 2009 by Ralph Hanson
For some time now the American environmental movement, especially in regards to CO2 emissions from cars, has been held back by state-specific legislation that makes it... March 26, 2009 by James Martinez
The short-sightedness of the car-buying public is breathtaking. It was just months ago that fears over $4 gas prices had people scurrying about, dumping loaded SUVs for a... March 23, 2009 by Nelson Ireson
If asked whether General Motors or Chrysler were in a better financial position, many of us would conclude that GM looks better. However, Chrysler's chief financial officer... March 20, 2009 by Ralph Hanson
Calling the U.S. federal government's expenditures under the end of President Bush's tenure and the beginning of President Obama's a 'spending spree' is to beggar the term... March 20, 2009 by Ralph Hanson
On last night’s episode of The Tonight Show Jay Leno announced his plan for stimulating America with what he does best – telling jokes. Leno will make an... March 10, 2009 by James Martinez
They did it in the nation’s capital at the first round of viability meetings and tomorrow in Detroit government officials will once again be able to drive a prototype... March 8, 2009 by James Martinez