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Automotive Industry Struggle: Unsold Cars Pile Up On Leased Lots
Dec 8, 2008 Ξ

Automotive Industry Struggle: Unsold Cars Pile Up On Leased Lots

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The Big 3 are not the only car makers to suffer during this economic downturn or what some call it, a recession. Many manufacturers such as Toyota, Nissan, Honda and  Full Article »

Automotive

Rick Wagoner Bringing Chevy Volt to D.C.
Dec 4, 2008 Ξ

Rick Wagoner Bringing Chevy Volt to D.C.

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Rest assured, you will see plenty of images and press talk on Rick Wagoner’s trip to D.C. Today because he will be driving a Chevy Cruze with components from the  Full Article »

Automotive

Work For $1 a year: Ford CEO Offers to work for $1
Dec 2, 2008 Ξ

Work For $1 a year: Ford CEO Offers to work for $1

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President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition,  Full Article »

Automotive

Ford Jump-Starts Bailout Proceedings Explaining a Restoration of Profits in 2011
Dec 2, 2008 Ξ

Ford Jump-Starts Bailout Proceedings Explaining a Restoration of Profits in 2011

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Just released today by Automotive News, the Ford Motor Co. says that it does not expect to make money until 2011. At that time it seems Ford would be able  Full Article »

Automotive

How Do You Know The Auto Industry Is Doomed?
Nov 26, 2008 Ξ

How Do You Know The Auto Industry Is Doomed?

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Uh Oh the world is ending – Toyota has a 0% Financing Offer Time for investors to bail out Toyota? By no means, not yet anyway. Even if Toyota’s earnings  Full Article »

Automotive

More Safe Cars: 72 Vehicles Announced 2009 Top Safety Picks By IIHS
Nov 25, 2008 Ξ

More Safe Cars: 72 Vehicles Announced 2009 Top Safety Picks By IIHS

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Cars are just getting safer. That pretty much sums it up. Although work still needs to be done (cough cough Chrysler) many automakers are very proud today as a number  Full Article »

Automotive

We Just Lost It: 2010 Nissan GT-R To Lose Launch Control
Nov 21, 2008 Ξ

We Just Lost It: 2010 Nissan GT-R To Lose Launch Control

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  I hate to be the bearer of bad news and I do not want to beat a dead GT-R horse but here goes… Inside Line has confirmed with three  Full Article »

Automotive

No Car Perks In Failing Economy
Nov 21, 2008 Ξ

No Car Perks In Failing Economy

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There have been quite a few stories written concerning executive compensation for banks partaking in the Treasury’s Capital Purchase Program. The rules clearly spell out, acceptable compensation for the five  Full Article »

Automotive

BMW M3 Recalled Due to DCT Transmission Issue
Nov 20, 2008 Ξ

BMW M3 Recalled Due to DCT Transmission Issue

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Okay, so this is very reminiscent of the big recall BMW had on the previous generation E46 BMW M3 for a rod bearing in the years 2001 to 2003.5. Now  Full Article »

Automotive

Bailout or Bust: GM Reaches Out For Aid Through YouTube
Nov 17, 2008 Ξ

Bailout or Bust: GM Reaches Out For Aid Through YouTube

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Bottom line from the US Automakers: Pay $25 billion now or risk over $150 billion with millions of jobs lost later if nothing is done. Pretty serious if you ask  Full Article »

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