In a market where only about 10 million cars are expected to be sold annually - down from 16 million last year - every tenth of a percent of market share counts. That's why Board of Directors Chairman Ed Whitacre sees a strong need to act quickly to prevent further market share erosion. Despite the...
In January we brought you news of Toyota's predicted surpassing of Chrysler in North American output in 2009, and nearly two years ago we reported on the Detroit 3 slipping... February 2, 2009 by Nelson Ireson
Though overall sales figures have slumped through the end of 2008 and start of 2009, there are occasional bright patches of news as carmakers grab market share from long-time... January 19, 2009 by Nelson Ireson 1
Yesterday the U.S. Treasury announced it would be backing GMAC with $6 billion in total funding, and today both the car finance company and General Motors, which gets 85% of... December 30, 2008 by Nelson Ireson
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