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Toyota Foresees $4.5 Billion Loss While ExxonMobil Earns a Record $44.06 Billion
17468688 Posted February 2 2009 06:35 PM by Todd Lassa

 DETROIT -- By now you've heard that the U.S. economy shrunk 3.8 percent in the last quarter of 2008, the worst decline in 25 years. It would have been even worse, a drop of about 5.1 percent, if manufacturers had kept up...

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Four Core Brands of General Motors, Saturn Isn't One Of Them -- So Now What?
16669705 Posted January 30 2009 03:17 PM by Matt Stone

 We all know that Saturn is on the bubble. Although many GM execs have been quoted as saying that the company is "committed to Saturn," several sources -- external and interal --suggest that among the four core brands...

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Ford Skips Bailout Fund, Taps More Credit After Reporting $14.6 Billion Loss
16669036 Posted January 30 2009 02:30 PM by Todd Lassa

 DETROIT - With everything up to and including the Blue Oval symbol hocked for a big line of credit before the credit market imploded, Ford Motor Company continues to shun federal loan guarantees after losing a record...

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NUTSandBOLTS: BMW, Porsche, Audi, VW Diesels, Top Tires and Shocking Economy
16272424 Posted January 16 2009 09:10 PM by Truck Trend

 News, Rumors, Trends, Stuff - From BMW X5, Porsche, Audi, VW Diesels, 2009 Chrysler Aspen and Dodge Durango Hybrids EPAs to Ford naming their new plant. Check out these industries new tid-bits!

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GM's Downgraded Sales Expectations: What it Means for You
14289299 Posted January 16 2009 04:12 PM by Todd Lassa

 DETROIT - General Motors told analysts Thursday that 2009 will be a worse year for car sales than previously thought. It will operate under the assumption the U.S. market will reach no more than 10.5 million cars and...

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Bush Punts CAFE to Obama, Makes Life Even More Uncertain for Automakers
13034892 Posted January 7 2009 04:44 PM by Todd Lassa

 DETROIT - Before oil tickled the $150/barrel level last summer, before the financial industry burned up most of the Detroit Three's cash last fall, domestic and foreign automakers were anxious about 2011-15 Corporate...

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The Top 10 Best-Selling Vehicles of 2008: Ford F-Series Still Reigns
12286461 Posted January 6 2009 05:00 PM by Rory Jurnecka

 Turns out that the skyrocketing gas prices of 2008 didn't have quite as much sway on overall vehicle sales as some might think. The Ford F-Series full-size pickup truck was crowned the best-selling vehicle in the U.S. for...

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The Biggest Loser: Chrysler Sales Fall 53-Percent for Month, 30-Percent for Year
12286422 Posted January 6 2009 04:56 PM by Todd Lassa

 DETROIT - Here's what you need to know about car/truck sales in the U.S.: All the majors were down 30 percent or more in December. All of them. General Motors? Down 31 percent. Toyota? Down 36.7 percent. Ford Motor...

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Bush Saves GM and Chrysler at the Last-Minute, for Obama
12097023 Posted December 19 2008 11:17 AM by Todd Lassa

 DETROIT - The city is shutting down thanks to a snowstorm that will keep at home those who weren't already on an early Christmas vacation. The pall cast over Metro Detroit for the last couple of months has lifted a bit,...

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Filed under: Industry News, General Motors  |  Comments (1)

Prius or Pickups?
12055407 Posted December 17 2008 05:06 PM by Angus MacKenzie

 Here's one for all those dimbulbs in Washington who think running a car company ain't that hard: If you were in charge of Toyota, would you have halted work this week on the $1.3 billion factory near Tupelo, Mississippi,...

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Has The Tide Turned In Favor of The Detroit Three?
12019563 Posted December 15 2008 08:40 PM by Todd Lassa

 DETROIT - Polls have turned, a bit, in favor of the Detroit Three. CNN reported 61-percent opposition to federal loan guarantees for General Motors, Ford Motor and Chrysler LLC last month. Just 39 percent were in favor....

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Bulletpoints for the Car Czar
12558190 Posted December 15 2008 11:12 AM by Matt Stone

 We don't yet know if we're going to have a government appointed Car Czar to watch over the American automobile industry, because yet don't know if there will even be bailout funds that need watching over.

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TARP Bailout Now Likely... Gettelfinger Says Republicans Were Out to Crush UAW
13061252 Posted December 12 2008 10:09 AM by Todd Lassa

 DETROIT - United Auto Workers President Ron Gettelfinger says he negotiated with conservative Senator Bob Corker, Republican from Tennessee, to get the $14 billion General Motors/Chrysler bailout passed Thursday night....

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The Bailout Collapse: What Do We Know That the Rest of the World Doesn't?
13061081 Posted December 12 2008 10:04 AM by Angus MacKenzie

 Senate Republicans have killed the bill to provide $14 billion in short term loan funding for the Detroit Three. The fate of America's auto manufacturing sector now hangs by a thread.

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Bailout is Not Quite Dead Yet; And We're Consuming Less Oil
11974542 Posted December 11 2008 08:21 PM by Todd Lassa

 DETROIT - This just in: Majority Leader Harry Reid (D-Nevada) says there's progress in a compromise with Senate Republicans on the $14 billion emergency loan guarantees to General Motors and Chrysler LLC. This comes a day...

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