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TOM KRISHERAP



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3Vote!

Detroit needs housing rebound to spur pickup sales

Last updated November 29, 2009 10:48 a.m. PTDetroit needs housing rebound to spur pickup salesBy TOM KRISHERAP AUTO WRITERDETROIT -- At Kevin Haner's construction company in Las Vegas, three of the four Dodge Ram pickup trucks are starting to get a little old. He may replace one if he gets a great deal, but he'll keep running the others until he's convinced that the housing slump has ended.Haner's...

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Analyst predicts small auto sales comeback in 2010

Last updated November 23, 2009 9:15 a.m. PTAnalyst predicts small auto sales comeback in 2010By TOM KRISHERAP AUTO WRITERDETROIT -- The U.S. auto industry will recover only a little next year, weighed down by high unemployment and other troubles that will continue to limit economic growth, a top industry analyst said Monday.Fitch Ratings analyst Mark Oline predicted that sales will rise to 11.1...

3Vote!

Old GM reports $100M in losses since July

Last updated November 12, 2009 1:45 p.m. PTOld GM reports $100M in losses since JulyBy TOM KRISHERAP AUTO WRITERDETROIT -- The company set up to get rid of General Motors Co.'s unwanted assets has lost $100 million since GM emerged from bankruptcy protection in July.Motors Liquidation Co. also said it has assets valued at $1.5 billion and liabilities of $35 billion.The disclosures were made...

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GM needs new Buick Regal, Chevy Cruze to be hits

GM needs new Buick Regal, Chevy Cruze to be hitsBy TOM KRISHERAP AUTO WRITERDETROIT -- Two General Motors cars due in showrooms next year must be hits to help the automaker turn around sales and pay back its big debt to U.S. taxpayers.The Buick Regal midsize sedan and Chevrolet Cruze compact, both sold in key segments of the U.S. car market, face stiff competition and other obstacles to success.GM...

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GM chief engineer relieved Opel staying with GM

Last updated November 10, 2009 2:38 p.m. PTGM chief engineer relieved Opel staying with GMBy TOM KRISHERAP AUTO WRITERDETROIT -- When General Motors Co.'s board halted the sale of the company's European car business last week, no one was happier than the automaker's chief engineer.Engineers with the Ruesselsheim, Germany-based Opel have designed the basics of GM's new compact and midsize cars...

3Vote!

Chrysler: cash up more than $1B from June

Last updated November 4, 2009 10:25 a.m. PTChrysler aims to revamp Dodge cars under new planBy DEE-ANN DURBIN AND TOM KRISHERAP AUTO WRITERS Chrysler Group LLC CEO Sergio Marchionne arrives for a news briefing at the automaker's headquarters in Auburn Hills, Mich., Wednesday, Nov. 4, 2009. (AP Photo/Carlos Osorio) AUBURN HILLS, Mich. -- Chrysler plans to revamp its struggling Dodge car brand...

3Vote!

Ford workers reject contract changes

Ford workers reject contract changesBy DEE-ANN DURBIN and TOM KRISHERAP Auto WritersDETROIT -- Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs.The United Auto Workers union had given local unions until Monday to complete voting. But a person briefed on the voting said Saturday that the contract changes have been rejected...

3Vote!

AP Source: New management plans Chrysler price cut

AP Source: New management plans Chrysler price cutBy TOM KRISHERAP Auto WriterDETROIT -- Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices.The big discounts are part of new CEO Sergio Marchionne's attempt to revive the Detroit company the way he did Italian automaker Fiat.His five-year plan for Chrysler Group LLC, to be unveiled...

3Vote!

AP Source: New management plans Chrysler price cut

Last updated October 30, 2009 3:56 p.m. PTAP Source: New management plans Chrysler price cutBy TOM KRISHERAP AUTO WRITERDETROIT -- Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices.The big discounts are part of new CEO Sergio Marchionne's attempt to revive the Detroit company the way he did Italian automaker Fiat.His five-year...

3Vote!

AP Source: GM to draw gov't funds for Delphi costs

Last updated October 28, 2009 12:05 p.m. PTAP Source: GM to draw gov't funds for Delphi costsBy TOM KRISHERAP AUTO WRITERDETROIT -- A person briefed on the situation says General Motors Co. will announce later this week that it will draw from government funding to pay the cost of buying a chunk of parts supplier Delphi Corp.GM has agreed to pay several billion dollars to fund Delphi's emergence...

3Vote!

Dealers anxious as Chrysler stays mum on car plan

Dealers anxious as Chrysler stays mum on car planBy TOM KRISHERAP AUTO WRITER John Adamy, sales manager at Phil Spady's Chrysler-Dodge-Jeep car dealership, stands in the bare showroom in Columbus, Neb., Tuesday, Oct. 27, 2009. Dealers have heard little from Chrysler's new Italian management about what they'll be selling in 2011 even as they struggle to unload unpopular 2009s and face 2010 with...

3Vote!

Asians top auto reliability; Ford cars score well

Asians top auto reliability; Ford cars score wellRelated ContentBy TOM KRISHERAP Auto WriterDETROIT -- Asian automakers are still building the most reliable cars and trucks, with eight of the top 10 brands from Japanese and Korean companies, according to an annual survey by Consumer Reports.But several models from Ford Motor Co. are now consistently scoring above Honda and Toyota, the perennial...

3Vote!

Asians top auto reliability; Ford cars score well

Last updated October 27, 2009 11:48 a.m. PTAsians top auto reliability; Ford cars score wellBy TOM KRISHERAP AUTO WRITERDETROIT -- Asian automakers are still building the most reliable cars and trucks, with eight of the top 10 brands from Japanese and Korean companies, according to an annual survey by Consumer Reports.But several models from Ford Motor Co. are now consistently scoring above...

3Vote!

UAW head: Ford deal opponents using misinformation

UAW head: Ford deal opponents using misinformationBy TOM KRISHERAP Auto WriterMore NewsOpponents of a deal between the United Auto Workers and Ford Motor Co. are spreading misinformation as they campaign against the contract, the union's president said Saturday.In an interview with The Associated Press, UAW President Ron Gettelfinger said he is pushing the deal because it preserves jobs with...

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Ford, UAW see opposition to contract changes

Ford, UAW see opposition to contract changesBy DEE-ANN DURBIN and TOM KRISHERAP Auto WritersDEARBORN, Mich. -- Ford Motor Co. and the United Auto Workers union, which have agreed to proposed contract changes that would lower the automaker's labor costs, are running into opposition from some workers who say they've given too much already.Workers at the Dearborn Truck Plant outside Detroit honked...