Swedish carmakers Saab and Volvo are in a similar predicament. One is owned by struggling Detroit carmaker General Motors and the other by Ford, and both are being spun-off from their respective parent companies in light of significant losses over the past couple of years. For Saab, GM simply cut...
Desperate times call for desperate measures and at Chrysler it appears every option is on the table. The Auburn Hills carmaker has been tied with at least five major... February 20, 2009 by Ralph Hanson
Yesterday’s grim news that General Motors had decided to pull the plug on its High Performance Vehicle Operations (HPVO) caused shockwaves around performance circles... February 19, 2009 by Ralph Hanson
In what may come as a surprise to many, General Motors has decided to disband its High Performance Vehicle Operations (HPVO) as it seeks to reduce costs and focus on... February 18, 2009 by Viknesh Vijayenthiran
President Barack Obama has made no bones about his commitment to using the government to help prop up the ailing automotive industry, but his earlier plans to instate a... February 16, 2009 by Nelson Ireson
Tough times are a unifying theme of the economic and sales reports of the last six months, especially in the car industry. Finding ways to pull itself up by the bootstraps is... February 13, 2009 by Ralph Hanson
General Motors has notified its employees that it will reduce salaried employment globally from a current level of 73,000 to approximately 63,000 - a reduction of 14% - over... February 10, 2009 by James Martinez
General Motors has confirmed that the first batch of its upcoming Chevrolet Volt plug-in hybrids will feature an internal combustion ‘back-up’ engine sourced from... February 4, 2009 by Ralph Hanson
The past month has been one of the busiest for struggling Detroit carmaker Chrysler, within the past several weeks receiving a $1.5 billion infusion from the federal... February 2, 2009 by James Martinez
General Motors has made it clear that it intends to focus most of its resources on just four core brands in North America but has left much doubt about the long-term... February 2, 2009 by Viknesh Vijayenthiran
Despite being the only Detroit 3 carmaker to decline the federal government’s bailout offer, Ford has revealed that it is still doing it tough by reporting a... January 29, 2009 by James Martinez
One of General Motors’ biggest criticisms is the number of different brands under its roof, which ends up seeing it sell similar models that often compete with one... January 21, 2009 by James Martinez
The Japan Automobile Manufacturers' Association (JAMA) is still deciding whether or not to cancel this year’s Tokyo Motor Show, currently scheduled for October, but... January 18, 2009 by Viknesh Vijayenthiran
Coinciding with this week’s 2009 Detroit Auto Show is the 2009 North American Car and Truck of the Year (NACTOY) awards, and for this year’s event the 2009... January 11, 2009 by James Martinez
Industry cutbacks, especially in the areas of advertising and marketing, are taking more and more visible forms as carmakers such as Nissan decide to skip major shows such as... January 6, 2009 by Nelson Ireson
Cerberus Capital Management, current majority stake holder in Chrysler, is offering its entire equity stake in the carmaker to help it restructure and gain federal loans. The... December 21, 2008 by James Martinez