GM and Chrysler May Indeed Go Bankrupt
9 Feb 2009, 16:28 UTC · By: Alex Oagana / The Big Three automotive soap opera appeared to reach a happier-than-expected finale in mid-December, when General Motors and Chrysler LLC received a $17.4 billion low-interest loan from the United ...
Bumblebee 2 to Be on Display at Chicago
9 Feb 2009, 10:20 UTC · By: Bogdan Popa / Transformers was indeed a good action movie and we're not saying that just because Megan Fox and Shia LaBoeuf played in it. As we're sure you remember, the movie brought us a “reinca...
Ford and GM Execs' Salaries Defy Crisis
6 Feb 2009, 16:14 UTC · By: Daniel Patrascu / If you have you ever wondered how much does an auto executive earn each year, you are about to find out. If not, you should still take a look, because this is no ordinary year. It is the year of an ...
US Appoints Firms as Auto Restructuring Advisers
6 Feb 2009, 13:14 UTC · By: Bogdan Popa / The United States government has just made another step towards the restructuring process of the Detroit (it's actually Detroit 2 now since Ford is not anymore involved): it hired two law firms...
Chrysler Implores Dealers to Place Orders
6 Feb 2009, 10:15 UTC · By: Bogdan Popa / In a desperate move to meet the February target of 78,000 vehicles, Chrysler is extending the last day for dealers to place new cars orders to Monday, The Detroit News wrote today quoting vice chair...
GM to Give Opel, Chevrolet Europe and Saab More Autonomy
5 Feb 2009, 14:29 UTC · By: Bogdan Popa / As part of its restructuring campaign, General Motors aims to reorganize its marketing, sales and aftersales divisions belonging to the European brands it currently owns. Brent Dewar, GM Europe'...
EcoCar Debuts at Washington Auto Show
4 Feb 2009, 09:53 UTC · By: Bogdan Popa / The EcoCar: The NeXt Challenge is a special program established by the US Department of Energy (DOE) and General Motors and sponsored by the Government of Canada and other sponsors which invites uni...
GM Announces 49 Percent Sales Drop in January 2009
4 Feb 2009, 09:00 UTC · By: Bogdan Popa / With the global economic downturn far from being over, General Motors today announced its January 2009 sales, revealing a 49 percent drop compared to the same month of the previous year. No less tha...
GM Still Unsure of Cadillac Converj Bodystyle
2 Feb 2009, 16:26 UTC · By: Bogdan Popa / Ever since the American automaker displayed the Cadillac Converj concept at the 2009 North American International Auto Show, people started talking about the mass-production model, discussing whethe...
Saturn, Saab and Hummer Future Still in Doubt
2 Feb 2009, 09:42 UTC · By: Bogdan Popa / The short history so far: General Motors received a $13.4 billion in December from the Bush administration and was asked to provide a viability plan to the government by February 17. In other words,...
Weekly Roundup: 26.01.2009 – 30.01.2009
1 Feb 2009, 11:33 UTC · By: Bogdan Popa / Since the economic recession has not passed yet, the whole week was often dotted with news related to struggling automakers or cost-cutting measures applied by companies fighting against the economi...
GM to Produce New Buick in Germany
29 Jan 2009, 10:59 UTC · By: Bogdan Popa / General Motors won't produce new Saab cars in Germany but, in return, it will move the production of new Buick models at Opel's main plant in Ruesselsheim near Frankfurt. Opel will become ...
HUMMER H2 Production in Limbo Until at Least March
28 Jan 2009, 17:42 UTC · By: Alex Oagana / One of the world's most hated SUVs, the HUMMER H2, will suffer from a production hiatus until March, at least, according to a spokesperson from AM General quoted by hummerguy.net. The productio...
RIP Cadillac XLR
28 Jan 2009, 11:44 UTC · By: Bogdan Popa / General Motors confirmed the end of production of the Cadillac XLR manufactured by the American automaker at the Bowling Green Assembly Plant. All the 40 employees responsible for the production of ...
Reactions to Obama's Call to Review Emission Rules
27 Jan 2009, 13:12 UTC · By: Bogdan Popa / As you probably heard, United States President Barack Obama yesterday asked the Environmental Protection Agency to review the greenhouse gas emission rules for vehicles and decide whether the states...
GM to Fire 2,000 Workers, UAW Says It's Devastating
27 Jan 2009, 11:34 UTC · By: Bogdan Popa / General Motors has just confirmed that it plans to cut approximately 2,000 jobs at two plants, adding that the company also intends to idle several plants in the United States. Basically, the Americ...
Opel Ampera Plug-in Hybrid Set for Geneva
27 Jan 2009, 10:32 UTC · By: Bogdan Popa / General Motors today announced that Opel Ampera, its so-called “revolutionary” extended-range electric car, will be displayed at the upcoming Geneva Motor Show that opens its doors on Ma...
NASCAR Sponsors to Cut Jobs
27 Jan 2009, 07:52 UTC · By: Ovidiu Panzariu / Apart from teams finding it very hard to maintain or get sponsorship for the upcoming season, the NASCAR series is nowadays confronting with another series of financial setbacks. According to a repo...
GM, Chrysler Urge Dealers to Order Cars
26 Jan 2009, 14:05 UTC · By: Bogdan Popa / Two of the struggling American automakers, General Motors and Chrysler, urged their United States dealerships to order as many cars and trucks as possible in the next two months in order to help the...
Ford: We're in Good Shape, No Loans Needed!
26 Jan 2009, 11:11 UTC · By: Bogdan Popa / Even though the whole automotive industry struggles to counteract the global recession with all kinds of cost-cutting measures, Ford Motor Co says it still doesn't need financial support from t...