GM And Chrysler Face Longer Odds
By Paul Ausick of 24/7 Wall St. Auto companies have recently reported sales figures for the month of December and full-year 2009. For nearly all, the numbers are better. The numbers are also not…
Cars and Drivers
All Cars and Drivers Articles
Newest first · Page 311GM Gets No Relief Under New CEO Whitacre
Ed Whitacre, the former AT&T (NYSE:T) CEO and current GM chairman, fired the car company’s chief and put himself in charge. Whitacre said the he would shake up the old guard and get sales…
VW Big Loser In December Domestic Car Sales
Most analysts believe that the VW merger with Porsche is about to create the largest car company in the world which will have annual sales greater than both GM and Toyota (NYSE:TM). VW’s December…
China And India Save GM’s Bacon
GM said today that its sales in China were up 67% in 2009 to 1.83 million vehicles. The No.1 US car company believes that things could get even better. “Despite the sales records in…
Number Of Car Dealers Down By More Than 10,000 Since 1970
There were 30,800 car dealerships in the US in 1970. There were 20,770 in the country in 2008 and that was before hundreds of locations where closed by large car companies, particularly GM and…
Toyota (TM) Increases Car Production Plans For 2010, Another Sign Industry Has Bottomed
The last two years were probably the worst in the history of the global car industry which goes back over a century. The markets in the US, Japan, EU, and UK were all eroded…
Chavez May Push Car Companies Out Of Venezuela
Hugo Chavez, Venezuela’s president-for-life, has pushed major oil companies that would not pay tariffs to his government and give up some of their assets out of the South American nation. He recently began to…
Hyundai Likely Winner Of December Car Sales Sweepstakes
Hyundai is likely to continue its string of sharply improved monthly sales in December.The firm is expected to sell 63,000 cars this month when its Hyundai and Kia nameplates are taken together. That figure would…
Cuts By Toyota (TM) And Ford (F) Signal Pessimism About 2010.
Ford (NYSE:F) said it would offer buyouts to its 41,000 US factory workers. The terms are generous and give the rank-and-file large lump sum payments and vouchers for Ford vehicles. Ford explained that its…
Was Microsoft’s Liddell Promised GM CEO Job?
Microsoft’s (NASDAQ:MSFT) departing CFO Chris Liddell will join GM as Vice Chairman and CFO, according to several media reports. GM is so badly damaged that the move could not even be viewed as an…
Joining GM, Ford Will Make Early Debt Repayments
Light vehicles sales in the US do not seem to be improving much. The market for 2009 will probably produce about 10.5 million sales well down from over 16 million four years ago. Monthly…
GM: A Tear With Every Saab
General Motors can’t get brand exit strategies right regardless of who is running the show there. Government Motors held a press conference today to discuss the death of the Saab Automobile brand.
Turning A Ford Into An iPod
Almost every business in the world that has hardware devices that run customized software want to create their own version of the Apple (NASDAQ:AAPL) App Store. Apple claims that developers have created nearly 200,000…
China Finally Buys A Western Car Company
After a year of false starts in which Chinese car and manufacturing interests have tried to buy Hummer and have kicked the tires at Volvo. a mainland firm, Beijing Automotive, will buy most of…
The Myth Of American Car Quality (F)(TM)(HMC)
JD Power’s Sales Satisfaction Index Study for 2009 has been published. The research firm questioned 48,000 people. American cars did well as they have for several years in the Powers Initial Quality Survey, its…