1 hr ago | Kane Co. Chronicle
GM, Chrysler making deep cuts to hold on for loans
21, 2008 file photo, General Motors Chairman and Chief Executive Officer Rick Wagoner greets employees of the GM Lordstown Assembly Plant in Lordstown, Ohio.
Carmakers' crisis deepens Detroit's despair
While U.S. automakers wait for federal action on loans they say are key to their survival, former restaurant worker Richard Thomas is waiting on his own bailout a ' odd jobs that barely pay the bills.
Consumers a reluctant bunch at LA Auto Show
Small-business owner Greg Mohr was hopping in and out of cars at the Los Angeles Auto Show, but he isn't in the market to buy one.
Will the Volt Electric Car Save GM?
General Motors Corp. is using its new Chevrolet Volt hybrid car as one of its main selling points in trying to land a federal bailout, industry observers say.
Auto Bits: If you want to splurge, the Vette still rules
Test Drive 2009 Chevrolet Corvette ZR1 Base price: $106,520 EPA MPG: 14 city/20 highway Critics say: Nothing makes auto critics drool more than a beautiful power machine.
Congress wants business plan from automakers
Democratic leaders in Congress sidetracked legislation to bail out the auto industry Thursday and demanded the Big Three develop a plan assuring the money would make them economically viable.
"1988-1991 Buick Reatta." 16 August 2007. HowStuffWorks.com. 20 November 2008. Buick honchos spent a good decade trying to come up with an exciting "image car" to spice up their line before launching the ...
Lansing spared GM's latest production cuts
DETROIT - General Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay solvent.
GM launches all-out 'product offensive' in China
GM and its local partners are trying to keep an edge in China, the world's second largest market after the United States, as they exhibit 24 models at this week's Guangzhou International Auto Show, the China ...
Stocks fall on Wall Street as fate of U.S. automakers hangs in the balance
Auto industry executives, from left, General Motors Chief Executive Officer Richard Wagoner; Chrysler Chief Executive Officer Robert Nardelli and Ford Chief Executive Officer Alan Mulally, testify on Capitol ...
Car And Driver Announces 10 Best For 2009 [Car And Drive 10Best]
Our friends at Car And Driver have announced the "10BEST" cars for 2009 and, would you believe, they went out on a limb and put the Honda Accord on the list.
Congress, White House tussle over auto rescue
The White House and congressional Democrats launched a post-election showdown Monday over how to rescue U.S. automakers with millions of jobs, more than a century of iconic brands, and potentially economic ...
The Associated Press
|
The Associated Press
Hard sell: Detroit links bailout, national defense
In an increasingly anxious campaign for a $25 billion government rescue, Detroit's Big Three car makers and their allies in Washington are warning the demise of the auto industry will damage U.S. national security.
That argument is a hard sell.
General Motors Corp., Ford Motor Co. and Chrysler LLC long ago exited the defense business. While many of their suppliers also make the parts used on military vehicles and would be hit by the wave if one of the Big Three collapsed, defense experts see little immediate risk to the armed forces beyond paying higher prices.
Big 3 carmakers beg for $25B, warn of catastrophe
Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans of U.S. industry, pointedly warning of a national economic catastrophe should ...
VIDEO: Auto CEOs tell Congress why they need $25b
General Motors Corp. chief executive Rick Wagoner told the House Financial Services Committee that collapse of the U.S. auto industry could lead to a ...
German solar energy company SolarWorld bids 1 billion euros for Opel assets
German solar energy company SolarWorld AG said Wednesday it plans to offer one billion euros for some assets of carmaker Adam Opel GmbH, the German subsidiary of General Motors Corp.
The Associated Press
|
The Associated Press
Slowdown saps promise of emerging auto markets
Smoke and flashing lights, dancing girls in white go-go boots _ the world's top automakers put on dazzling shows Tuesday as they wooed Chinese buyers with their latest models.
But for all the flash at this year's Guangzhou Auto Show, automakers face a dimmer outlook for global sales, even here in the world's second-largest vehicle market.
Just as General Motors Corp. and other manufacturers are desperately looking to emerging markets to compensate for falling sales in the U.S., Europe and Japan, potential car buyers in China, Russia and other once sizzling markets are pulling back.
GM Climbs After Pelosi Urges Congress to Pass U.S. Auto-Industry Bailout
General Motors Corp. rose in New York trading after House Speaker Nancy Pelosi urged Congress to pass an auto-industry bailout, embracing the premise that GM is too big to be allowed to fail.
Stock futures fall ahead of automakers' testimony
Wall Street appeared ready to retreat again Tuesday, as stock futures sank amid nervousness about the fate of Detroit's Big Three auto makers.On Tuesday, executives of General Motors Corp., Ford Motor Co.
Text: GM Ceo's prepared remarks to Congress
I'm Rick Wagoner, Chairman and Chief Executive Officer of General Motors. Thank you for the opportunity to speak today about the future of America's domestic auto industry.
Sponsored links