Ford Applauses White House Loan Agreement
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Even though it hasn’t received any money, American carmaker Ford welcomes the White House loan agreement and, just like General Motors, it explains that such a decision does nothing more than ...
Obamobile For Sale on Ebay
21 Nov 2012, 14:06 UTC · By: Madalina Iancu / Being the first African-American president in the history of Units States will surely be something to remember in the future. Owning a 2005 Chrysler 300 Series C that once belonged to him might val...
World, Meet Ford's Life-Saving Plan
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The short story so far: under strong pressure of the global recession and with continuously declining sales, the group of Detroit 3 (and count here General Motors, Chrysler and Ford) requested finan...
Chrysler Donates Money, Toys to Needy Children
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / After Santa Claus brought Chrysler probably the best gift it could get (United States government's approval for the requested loan package), the American automaker is now willing to help the ot...
Chrysler Transmission Manufacturer Files for Bankruptcy Protection
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / GETRAG Transmission Manufacturing LLC today announced that it has filed for protection under chapter 11 of the United States Bankruptcy Code for its Tipton, Indiana production plant. The Indiana-bas...
Detroit 3 Loan Blocked by the US Senate
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The Detroit 3 emergency loans saga continues with a new episode today as members of the United States Senate confirmed recent rumors that the pre-approved funding package may not get through the Sen...
Republicans Propose Alternative Rescue Plan to Detroit 3
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Following the recent announcement that the United States Senate have put the Detroit 3 loan package on hold, members of the Senate already started looking for alternative solutions that could help d...
Former Massachusetts Governor: Detroit Should Go Bankrupt!
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / While companies around the world struggle to face the global recession and Detroit 3 begs for government assistance, Mitt Romney, former Massachusetts Governor comes with a shocking solution to all ...
Gloomy Prediction: Auto Industry Will Lose 72 bn Euros
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Morgan Stanley today published its latest forecast concerning the automotive sector, predicting that this side of the industry will lose no less than 72 billion euros in the next two years. The New ...
Barack Obama Wants Decent Plans in Order to Grant the Loan
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / It appears that Barack Obama, the president-elect, is in favor of helping Detroit carmakers to get out of their financial problems, but he demands concrete plans before any money is sent.David Axelr...
GM Deal Likely to Kill Chrysler
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / A potential deal between General Motors and Chrysler may kill the Chrysler brand according to consultation firm Grant Thornton which recently published “The State of Chrysler” report. If...
GM Favorite to Buy Chrysler
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although there's nothing confirmed in the whole GM-Chrysler-Renault-Nissan deal, it may seem like General Motors is favorite to buy Chrysler according to a recent report by The Detroit News. Th...
Chrysler Upgrades 2009 Models – Better Fuel Efficiency, New Features
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler today announced that it has modified three models of the 2009 lineup in order to better suit the market demand as the majority of customers are now looking for better fuel efficiency instea...
Chrysler Unveils Anniversary Minivans
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler today rolled out the 2009 Chrysler Town & Country and Dodge Grand Caravan 25th Anniversary Editions, two special and limited versions of the popular minivans especially supposed to cele...
Chrysler President Meets Congress for $25B Loan
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / In an effort to convince Congress members that the Detroit 3 urgently needs the $25 billion funding, Chrysler's President Jim Press today met senators but declined to reveal too many details re...
Analysts: 2009 US Cars Sales to Total 11.5M Units
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / With the global economic crisis still hammering sales and Detroit 3 still screaming and imploring the US government for financial help, analysts predict a gloomy future for the automotive industry. ...
Dodge Viper – Chrysler's Most Expensive Best Seller
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / What are the odds to see a carmaker's most expensive model the best seller of the respective company? Some people may say it's impossible in the context of the global economic crisis, but ...
Santa, What Minivan Will You Bring Me?
21 Nov 2012, 14:06 UTC · By: Madalina Iancu / Since family is the most important for many of us, auto makers must take advantage of this aspect. Actually they already do it... and quite a lot. And prices are not at all what we could easily call...
Breaking News: GM, Chrysler Receive Loan Package
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The United States Government has just approved a $17.4 billion in low-interest loan to General Motors and Chrysler, two members of the Detroit 3 group who sought government aid since the beginning o...
Jeep Has the Potential to Save Chrysler, Analysts Think
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although reports published in the last few weeks were mostly focused on General Motors, it's no secret that all members of the Detroit 3 group are currently experiencing a very tough period, wi...