France24 (Free subscription) | 06/11/2009
The top US trade negotiator said that finalizing a trade deal with South Korea was "within reach" but gave no timeline as he sought greater access for US automakers. President Barack Obama is expected to discuss the deal when he visits Seoul on an Asia trip starting next week. Obama as a senator opposed the draft accord sealed in 2007 and ordered a review after entering the White...
People Daily (Free subscription) | 04/11/2009
U.S. automaker General Motors Co.'s board of directors decided on Tuesday to retain its German Opel unit instead of selling it to Canada's Magna International Inc. and its Russian partner, Sberbank. The board based its decision, in part, on an improved business environment in Europe and GM's overall financial health and stability since emerging from bankruptcy court after receiving about...
Xinhuanet (Free subscription) | 04/11/2009
CHICAGO, Oct. 3 (Xinhua) -- U.S. automaker General Motors ...
CARSCOOP (Free subscription) | 05/11/2009
Today, the Chrysler Group LLC and it's Italian parent company partner Fiat presented the firm's long-awaited five-year business plan that's supposed to show how Fiat will turn the U.S. automaker's fate around and save the company from going down. Many interesting thing were said and shown at the eight-hour long press conference including...
The Eagle Business (Free subscription) | 04/11/2009
DETROIT -- After months of roller coaster-like sales, the auto industry offered signs of recovery from its yearlong slump on Tuesday, as most automakers reported higher levels of U.S. sales in October.GM, the largest U.S. automaker, reported its firs ...
Washington Post (Free subscription) | 04/11/2009
AUBURN HILLS, Mich. -- Chrysler, the U.S. automaker that has come closer to annihilation than any of its rivals, rolled out its new five-year business plan Wednesday, saying it intends to become "a great public company once again."
Jamaica Gleaner :: Business (Free subscription) | 03/11/2009
Ford Motor Company, the only US automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly US$1 billion in the third quarter and forecast a "solidly profitable" 2011.
Daily Tech (Free subscription) | 02/11/2009
When a U.S. automaker posts a profit of $997M USD, it's sure to turn heads in the investment community in this economic climate. After all, automakers these days just aren't turning profits. Thus it's exciting news for Ford, the only member of the Big Three to refuse nationalization, to turn in its fiscal third quarter.In Q1 and Q2, Ford lost $4.7B USD as the recession continued...
Just Auto (Free subscription) | 02/11/2009
Fiat plans for Chrysler will scrap the US automaker's long-held plans for its brands outside North America with the exception of Jeep, people with direct knowledge of the plan have said.
People Daily (Free subscription) | 06/11/2009
The decision of U.S. automaker General Motors to scrap plans for selling its European Opel unit will not affect the Russian auto industry, Prime Minister Vladimir Putin said Thursday. "GM's decision not to carry out the deal and to drop plans to sell Opel to the Magna-Sberbank consortium will clearly not damage our interests," Putin said. Putin said Russia would continue to...
Xinhuanet (Free subscription) | 05/11/2009
MOSCOW, Nov. 5 (Xinhua) -- The decision of U.S. automaker ...
Ansa (Free subscription) | 05/11/2009
Marchionne presents ambitious 5-yr plan for US automaker
People Daily (Free subscription) | 04/11/2009
U.S. automaker General Motors Co. and Ford Motor Co. reported Tuesday a sales increase in October, but another U.S. automaker Chrysler Group LLC saw a significant decline. GM's sales increased 4 percent last month compared to a year earlier, the first such increase in 21 months. GM sold 177,603 vehicles in October and gained market share for the third straight month. The...
L. A. Times Dodgers Blog (Free subscription) | 05/11/2009
The automaker, saying it aspires to be 'a great public company once again,' outlines its Jeep, Dodge and Ram brands. AUBURN HILLS, Mich. -- Chrysler, the U.S. automaker that has come closer to annihilation than any of its rivals, rolled out its new five-year business plan Wednesday, saying it intends to become "a great public company once again."
Hybrid Cars (Free subscription) | 04/11/2009
Number 10 Despite some supply issues the Toyota Prius was the 10th best selling vehicle in the US in October according to the latest data. Obviously, that proves conventional hybrid cars don't need new tax credits, right? Thus, tax credits should be reserved for larger battery-powered vehicles? Why? Wouldn't it be beneficial to get as many hybrids on the road as possible as quickly as possible? Likewise,...
