Automotive News

Seeing Our Future In The American Car

Jeffrey Feldman | Posted 11.11.2008 | Business

Read More: Detroit Automakers, Automotive News, Cars, Big Three Automakers, Automotive Industry, General Motors, Reframing, Framing, Economy, Detroit Three, Business News
Jeffrey Feldman

The car as the dominant form of transportation is here to stay in American life -- and here to stay for some time to come. The American cars of the past, however, will not be a part of our future.

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Auto Industry Drops 32%; GM Plummets Over 45%

Steve Parker | Posted 11.03.2008 | Business

Read More: Automotive News, Suzuki, Chrysler, Epa, Thanksgiving, Honda, Cars, Atlanta, Ford, Mercedes Benz, Volkswagen, Tennessee Valley Authority, General Motors, Ford Ecoboost Engine, Mini, Detroit Bailout, John McCain, Toyota, Gm, Opec, Detroit Three, Lexus, Chevrolet, GM Red Tag Sale, Porsche, Barack Obama, Mercury, Bush White House, Manhattan Project, Lincoln, Wpa, Sarah Palin, Bmw, Audi, Lincoln MKS, Isuzu, Business News
Steve Parker

Obama has consistently shown his support for an American car-making industry, a modern and green industry able to build the kinds of cars and trucks people will want to buy.

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GM/Chrysler merger: 200,000 unemployed, most Chrysler vehicles gone

Steve Parker | Posted 10.30.2008 | Business

Read More: Automotive News, Cerberus Capital Management, General Motors, Grant Thornton, Detroit Three, GM Chrysler Merger, Washington DC, Cars, Ford, Reuters, Business News
Steve Parker

Yesterday we posted our analysis of the much-hyped GM/Chrysler merger, quoting sources which said as many as 70,000 Americans would be thrown out of w...

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Lay-offs at Tesla; Repo's to hit record; GM hawks "finance options" and 25% of new-car market may be lost

Steve Parker | Posted 10.16.2008 | Business

Read More: Automotive News, Gmac, Tesla Model S, Tesla Roadster, Tesla Motors, JD Power, Gm, Cars, Repossession, Business News
Steve Parker

Two more pieces of bad news today facing carmakers, dealers and us ... car-buyers and owners: Repossessions are set to break records, while industry a...

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Notes on Europe - Chrysler's troubles, Nardelli speaks, VW buys-out dealers, death of a neo-fascist

Steve Parker | Posted 10.13.2008 | Business

Read More: Automotive News, Europe, John McCain, Chrysler, Cars, Volkswagen AG, Highland Park, Austria, Daimler, Daimlerchrysler, Joerg Haider, Kurt Waldheim, Wall Street Crisis, Cerberus Capital Management, Nissan Sentra, Brilliance Jinbei Automotive, Dodge, Robert Nardelli, Germany, Jeep, Brilliance, Autobahn, China, BS4, Business News
Steve Parker

Chrysler's CEO, Robert Nardelli, who has been running the company for just 14 months, fears the collapse of an "extremely fragile" auto industry amid ...

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Late Car Payments Now Total $25 Billion; US May Lose 700 Dealerships This Year

Steve Parker | Posted 10.08.2008 | Business

Read More: Automotive News, Toyota, Chrysler, Gm, Detroit Three, $25 Billion Bailout, Home Mortgages, Home Mortgage Crisis, Experian, Cars, $700 Billion Bailout, Italy, Santa Monica, National Association of Automobile Dealers, Ford, Car Payments, Santa Monica Daily Press, General Motors, Japanese Cars, South Korea, Germany, Great Britain, Detroit, Vietnam, Foreclosure, Japan, Repossession, China, Nada, Business News
Steve Parker

The number of people late on their monthly car and truck payments is huge, represented by nearly $25 billion worth of consumer auto loans that are delinquent.

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Lamborghini hybrids, Citroen diesel/electrics, Honda's Prius-fighter, budget Ferraris and more from the Paris Car Show

Steve Parker | Posted 10.03.2008 | Green

Read More: Lithium-Ion Battery, Russia, Automotive News, Lamborghini Hybrid, Nissan Nuvu EV Concept, Cars, Gas/Electric Hybrid, Ferrari California, Stop-Start System, Paris, Nubira, St. Petersburg, Lamborghini Estoque Hybrid Photos, VW Group, A1 Sportback, Dual-Clutch Transmission, Lamborghini Estoque, Paris Car Show, Automatic Hardtop, Toyota Prius, Chevy Cobalt, Silicon Valley CEOs, Nissan, Porte De Versailles, Tokyo, Honda Insight, Renault, Nashville, Diesel/Electric Hybrid, Citroen Hypnos, Carlos Ghosn, Plug-in Hybrid Electric Vehicles, Prius-Fighter, Daewoo, Renault Nissan Electric Cars, Los Angeles, Hybrid Honda Insight, Toyota Europe, Formula One, Chevrolet Cruze, Smart Car, Renault Megane, Lamborghini Gallardo, South Korea, Turbodiesel, Audi, Europe, Citroen C3 Picasso Minivan, Lordstown, Green News
Steve Parker

Opening in the shadow of the worst auto sales in the US in over 15 years, the biennial Paris Car Show begins welcoming the public this Saturday and ru...

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Precipitous fifteen-year drop in US car sales; Need one? You probably can't get one

Steve Parker | Posted 10.02.2008 | Business

Read More: House of Representatives, Automotive News, GMC Truck, Americans, Saturn, Buick, Scion xB, Subprime Car Loans, Honda, Toyota Sales, Bentley, North Dallas Forty, Vw, Maybach, Palin, Original Equipment Manufacturer, General Motors, Bush/McCain, Bailout, Mercedes-Benz, Kia, Peter Gent, US Senate, Nissan, Mini, Subprime Loans, Hummer, Hyundai, OEM, Saabs, Gm, Mazda, Detroit Three, Chevrolet, Acura, Volvo, Ford Motor Co, Chrysler Cars, Pontiac, Cars, Rolls-Royce, Mercury, Bmw, Smart Car, Subprime Mortgages, Lincoln, Infiniti, New York Times, Lexus, Audi, Southeast, Alaska, CNW Research, Cadillac, Business News
Steve Parker

They say "start out bad news with a joke," so: In Peter Gent's "North Dallas Forty," a football coach is talking with the team owner's son about his f...

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Major car-maker haps: Detroit gets their bailout, Daimler selling their last 20% of Chrysler, world's largest Chevrolet dealer group closes

Steve Parker | Posted 09.25.2008 | Business

Read More: Lee Iacocca, House of Representatives, Automotive News, Plymouth Prowler, Detroit Three, Dodge Viper, Chevrolet, Cars, Indian Carmakers, Ford Motor Co, Just in Time Manufacturing, Camaro, Chevrolet Volt, Chrysler, GMAC, Kanban, Daimler, Cerberus Capital Management, General Motors, Bailout, Electric Cars, Chinese Carmakers, President Bush, Business News
Steve Parker

Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...

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Detroit Three Expect $25 Billion -- So Who Bails Out Americans' Missing Car Payments?

Steve Parker | Posted 09.24.2008 | Business

Read More: Automotive News, San Diego, Portland, Detroit Three, Mortgage Crisis, AIG Bailout, Cars, Washington DC, Gas/Electric Hybrid, Los Angeles, Denver, America, Ford Motor Co, Dallas, American Financial Services Association, Chrysler, Chevrolet Volt, Aig, Seattle, Sen. Carl Levin, General Motors, Wall Street, Phoenix, Michigan, Home Foreclosures, San Francisco, Plug-in Hybrids, Us, Repossession, Wall Street Bailout, Business News
Steve Parker

It used to be said that a house was the largest expenditure in any person's lifetime; but if someone buys five or more new cars over 40 or 50 years, those purchases could easily cost more, in total, than their home.

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THE LATEST: $25 BILLION FOR DETROIT; PRODUCTION CHEVY VOLT PLUG-IN HYBRID UNVEILED

Steve Parker | Posted 09.18.2008 | Green

Read More: Turbochargers, Boeing, Gas-Electric Hybrid Technology, Automotive News, General Electric, Hemi Hybrids, Saturn, Chrysler, Rick Wagoner, Honda, Detroit News, FCX Clarity, Ford, Home Depot, Goldman Sachs, Equinox, Hydrogen Fuel-Cell Vehicles, General Motors, Robert Nardelli, Hydrogen Fuel Cell, Charlie Rose, Flex, Gm, Alan Mulally, Detroit Three, Chevrolet, Volvo, Washington DC, Cars, Chevrolet Volt, JPMorgan Chase, Chrysler Jeep, Ford Escape, Wall Street, Opel, Focus, Green News
Steve Parker

Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...

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