Fiat Needs Up to 7 Billion Euros to Form Europe's Biggest Automaker
5 May 2009, 15:20 UTC · By: Bogdan Popa / Fiat is slowly but surely becoming one of the world's biggest automakers and, even if it finally formed the over-discussed strategic alliance with Chrysler, it is now aiming to purchase the Ger...
UK Government Approves £5,000 Incentive Program
16 Apr 2009, 14:59 UTC · By: Bogdan Popa / We all know that governments around the world are willing to support the struggling automakers, but it simply seems like the United Kingdom is really keen on this. The British authorities today appr...
Opel Generates Enough Money to Survive for 4 Months
15 Apr 2009, 10:47 UTC · By: Bogdan Popa / General Motors' German unit Opel is currently generating enough money to remain in business during the next four months, a report issued by local newspaper Bild Zeitung claims citing sources cl...
Chrysler Financial Confirms $170,000 Lottery Scam
6 Apr 2009, 13:24 UTC · By: Bogdan Popa / Lottery scams have always been a major problems for some companies and, despite their efforts to protect consumers, lots of people are still falling for it. Such an illegal attempt occurred a few da...
Ford Cuts Mulally's Salary by 30 Percent
25 Mar 2009, 11:57 UTC · By: Bogdan Popa / Even if the company experiences probably the toughest times in history, Ford's CEO Alan Mulally received a total of $13.57 million, a 37 percent decrease compared to the year before. Moreover, ...
France Willing to Give Heuliez 10mn Euros in State Funds
24 Mar 2009, 15:05 UTC · By: Bogdan Popa / France continues its plan to push domestic automakers towards green cars and, after approving a 3 billion euro funding package for local companies, it is now willing to direct an additional 10 milli...
Cops Chase Narcotics Suspects Throwing Cash on Highway
20 Mar 2009, 14:38 UTC · By: Madalina Iancu / Normally you might think that spectacular chases happen only in the movies but San Diego police can tell you exactly the opposite. According to kpho.com, San Diego officers were led on a crazy ch...
US Willing to Give Even More Money to Struggling Automakers
10 Feb 2009, 11:07 UTC · By: Bogdan Popa / The United States government is willing to provide even more financial support to struggling domestic automakers, including General Motors and Chrysler, a White House official said yesterday. Howeve...