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Posted July 8 2009 10:30 AM by Angus MacKenzie
"He wore granny glasses, and he put out a granny car." That's how one auto writer, quoted in Robert Lacey's excellent 1986 book, Ford, summed up Robert S. McNamara's tenure at Ford Motor Company, during which he launched...
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Posted July 6 2009 11:20 AM by Todd Lassa
General Motors' bankruptcy reorganization is proceeding at a speed that should make Fiat-Chrysler jealous. Over the Independence Day weekend, Judge Robert E. Gerber approved the sale of GM's "good assets" to U.S....
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Posted June 23 2009 10:16 AM by TT Editors
Yesterday J.D. Power and Associates released their annual Initial Quality Study for 2009 vehicles . According to J.D. Power, this is the list of the " Most Problem-Free Trucks of 2009 " with least number of problems...
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Posted June 2 2009 06:16 PM by Todd Lassa
DETROIT - In my May sales blog a year ago, I wrote that Honda Civic sales for the month would top Hummer sales for the entire year. My previous post that day was "Wagoner to Hummer: Go Away." Then-CEO and Chairman Rick...
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Posted June 2 2009 09:22 AM by Angus MacKenzie
Newly minted GM CEO Fritz Henderson talked a lot about "The New GM" in his press conference today. And he dropped some revealing lines about what that phrase really means. For example: "I don't view size as leadership."...
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Posted June 1 2009 09:12 AM by Todd Lassa
DETROIT – With 54 percent of General Motors' unsecured bondholders agreeing to take 10 percent equity plus warrants for 15 percent more in the new company, the automaker goes into bankruptcy court Monday morning....
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Posted May 26 2009 11:33 AM by Angus MacKenzie
Heard some interesting numbers recently that illustrate just how dramatically our world has changed in the past year. The Meltdown on Wall Street, which not only tipped Chrysler and GM over the edge, but now has...
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Posted May 15 2009 01:07 PM by Todd Lassa
DETROIT - Some of the stories tug at the heart. One Birmingham, Alabama, car dealer whose family has owned the business since 1908 lost his Chrysler-Jeep dealership Thursday, when Chrysler LLC announced 789 dealers...
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Posted May 11 2009 04:56 PM by TT Editors
CR Names Chevy Avalanche and Toyota Highlander a Top Pick pickup for 2009, Marines Want Off-Road Playground, Ford Transit Connect pricing, Ford Super Duty was named the Work Truck of the Year, and the Obama administration...
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Posted May 11 2009 10:26 AM by Todd Lassa
DETROIT - General Motors CEO and President Fritz Henderson upheld his promise for regular updates on the automaker's restructuring Monday morning, saying GM would be open to selling factories slated to be closed (probably...
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Posted May 8 2009 04:06 PM by TT Editors
Looks like the baby Duramax isn't the only thing that's on hold at GM. Things seem to change minute by minute at General Motors, but the latest news is that Pontiac and Saturn will no longer be a part of the company....
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Posted May 8 2009 09:45 AM by Todd Lassa
DETROIT - If you're one of the holdouts who believe the depression in
the automotive market has only hit the weak, Toyota's results released
Friday ought to put that to rest. The World's Number One automaker
posted a...
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Posted May 7 2009 01:19 PM by Todd Lassa
DETROIT - It's a stark contrast, all right. General Motors, which made its last annual profit in 2004, lost $6 billion in the first quarter of this year -- $5.9 billion if you discount one of those pesky "special...
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Posted May 4 2009 09:06 AM by Todd Lassa
DETROIT - Ford's bright spot in its April sales report is this: Fusion sales actually rose 21.7 percent, to 18,321 units, compared with April '08. Fusion got a boost from the release of the 2010 model and all the money...
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Posted April 30 2009 01:05 PM by Todd Lassa
DETROIT - A Fiat 500 built in Canada, Mexico or the United States may be the first product of the newly minted Chrysler LLC-Fiat Auto alliance. Fiat, the United Auto orkers, four major banks and the automaker's own...
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