GM May Have To Sell China Unit To Get Taxpayers Back Their Money
The Administration says it wants a “quick exit” from its investment in GM. The taxpayers should not have to own a US auto company any longer than they have to. The problem is that,…
Cars and Drivers
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Newest first · Page 318Hyundai Attacks The US Car Market, Again, With $1.49 Gas
Hyundai has been gaining auto market share in the US. The Korean firm sold almost 37,000 light vehicles in America last month. Its success is moving it to a level where it has begin…
Time For Detroit To Dump NASCAR
It is time for Detroit to pull its products and sponsorship dollars out of NASCAR. Toyota (TM) may be able to afford the marketing luxury, but Ford (F), Chevy, and Chrysler cannot. Chevy as 14…
China Kills Buyout Of Hummer
GM wants to sell Hummer. It needs the money. Sichuan Tengzhong, a heavy equipment firm based in China, looked like a ready buyer. GM would like to find an acquirer that would save most…
Toyota (TM): No Industry Recovery On The Horizon
Toyota (TM) says that the global automotive industry is facing two more lean years. It expects to lose more money this fiscal year than it did last and to run most of its factories…
Toyota (TM): 100 MPG By 2015, Or Bust
Toyota’s (TM) new management means to use every tool at its disposal to bring down the amount of fuel its cars need to operate as the price of oil continues to rise. Katsuaki Watanabe, who…
The Un-Detroiting Of America
The latest JD Power new vehicle survey, the Miss America pageant of the auto industry, showed the quality of US cars closing the gap with Japanese models to the point where the difference is…
The Death Of Brands: Passing Up Advil For Aspirin
Who needs Advil when it is more expensive than aspirin and probably does no better at reducing pain? Who needs Starbucks (SBUX) when Maxwell House has just as much caffeine? A new survey of…
Toyota (TM) Prius Success, Another Detroit Failure
Toyota (TM) has booked 180,000 domestic orders for its Prius hybrid model in the first month that it has been on the market. There is no reason to think that the car will not…
Auto Suppliers: Fixing Car Companies While Breaking The System
The novel approach that the federal government is taking to fixing the American car industry is that it will bail out the manufacturers while letting their suppliers fail. Car parts firms asked the Administration…
GM Dumps Saab In The Garbage Bin
GM is still in remarkably deep trouble. It is still facing the prospects that the domestic car market will only produce sales of 10 million units this year, and that 2010 may not be…
Auto Industry Light At The End Of The Tunnel?
There may be a tiny pinhole of light at the end of the auto sales depression tunnel. VW said its global shipments rose 1.5% last month. It is not much, but given the relentless…
China May Buy Volvo, GM May Be Next
The Associated Press released an exclusive story which reported that Chinese car company Beijing Automotive Industry Holding might buy Volvo. It is odd that the auto firm cannot find a buyer in Sweden, the…
Signs That Ford (F) Sales Are Dipping
Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed Ford dealerships to gauge business trends at the ten retailers. We asked the following questions: 1. What is the best selling vehicle currently? 2. Are there any…
GM Plays A Manic Game Of Musical Chairs In The Boardroom
The government’s game of managing General Motors took another odd turn today as Ed Whitacre, the former CEO of AT&T (T), a man who know about phone lines but not assembly lines was named…