Chinese Demand for Premium Autos on the Rise

In stark contrast to this year’s other high profile auto shows that seemed almost single-mindedly focused on smaller, more affordable

Posted in In the News

Saab Sale Falls Through for General Motors

Koenigsegg Group AB will not be buying Saab from General Motors as was planned. In a statement concerning the collapsed

Posted in In the News

Good Stewardship or Meddling? Congress Taking a “Hands On” Approach with GM and Chrysler Group

Despite the Obama administration’s assertions that it will not involve itself in the management of GM and Chrysler Group, Congress

Posted in In the News

Ford Focuses on Small Car Segment for Future Growth

Addressing journalists at a recent forum on automotive buying habits, Ford Motor Company’s manager of sales analysis George Pipas said

Posted in In the News

Toyota to Replace Accelerator Pedals in Nearly 4 Million Recalled Vehicles

Last Wednesday, Toyota Motor Corporation announced that it will begin replacing the accelerator pedals on about 4 million recalled vehicles

Posted in In the News

Chrysler Hopes to Boost Fourth Quarter Sales – Announces Additional Incentives

On the heels of October’s disappointing sales, Chrysler Group today announced an aggressive new incentive campaign aimed at salvaging the

Posted in In the News

Ford Appears Close to Finalizing Sale of Volvo to Chinese Automaker, Geely

According to a European-based spokesman for Chinese automaker, Geely Automobile, company representatives are meeting with executives from Ford Motor Company

Posted in In the News

Ron Bloom Says General Motors May Make IPO in Late 2010

According to an administration official, the White House is pushing for an initial public stock offering to reduce the government’s

Posted in In the News

Ford and Union Difficulties

The United Auto Workers union has rejected Ford Motor Company’s proposed contract changes that would have cut their labor costs.

Posted in In the News

GAO Raises Questions about Treasury Department’s Ability to Monitor Taxpayer’s Investments in GM and Chrysler

Congress’ General Accounting Office has questioned the Obama administration’s ability to decide when and how to divest the federal government

Posted in In the News

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