Car sales, 2008; even worse than we thought
Monday brought three conference calls, each about an hour, with executives from each of the Detroit Three announcing, dissecting and, most of all, spi...
Monday brought three conference calls, each about an hour, with executives from each of the Detroit Three announcing, dissecting and, most of all, spi...
Steve Parker | Posted 12.23.2008 | Business
Congress took a perverse pleasure in giving Detroit's CEOs and the UAW president the third degree -- unnecessary theater while our country suffers this economic decline.
Leo W. Gerard | Posted 12.22.2008 | Business
Clearly the allegiance of the Republicans who opposed the loan to save GM and Chrysler is not with the US, which would lose 900,000 jobs if just GM closed, and more than 2.1 million if the Big Three did.
Steve Parker | Posted 10.25.2008 | Business
Whew! I thought Cerberus might really be in over their heads with their purchase of Chrysler from Daimler. Now that we know Dan Quayle is on the front lines, though, we can sleep a little sounder this evening.
Steve Parker | Posted 10.22.2008 | Business
There's good news, bad news and -- finally -- some smart, encouraging news by and for American drivers.
Steve Parker | Posted 10.13.2008 | Business
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 ...
Steve Parker | Posted 10.12.2008 | Business
If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers
Steve Parker | Posted 09.25.2008 | Business
Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...
BusinessWeek | Jack Ewing | Posted 08.18.2008 | Business
Stuttgart - For most of its 10-year history, Daimler's (DAI) Smart car division has had a reputation for making small cars that lose big money. In 200...
Lee Hudson Teslik | Posted 01.23.2008 | Business
U.S. protectionist rhetoric toward China not only clouds perceptions of the threat posed by Chinese automakers--it also loses sight of the potential gains U.S. manufacturers could draw through partnerships with the country.
Bloomberg Via NYT | Posted 01.03.2008 | Business
DaimlerChrysler paid a $30 million fine in 2007, the most ever by an automaker, for failing to meet federal fuel-efficiency standards, according to th...
AP | Posted 12.07.2007 | Business
Chrysler LLC said Friday it is recalling nearly 600,000 Dodge trucks and vans to address concerns that the vehicles could shift out of park without th...
NPR | Frank Langfitt | Posted 12.07.2007 | Business
The Smart car is coming to America. Next month, dealers in the U.S. will begin selling the tiny vehicle best known for slipping into tight parking sp...
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Steve Parker | Posted 01.06.2009 | Business