Even After $14 Billion in TARP Money, Detroit's on Life-Support
With economists predicting a rough 2009, 2010 and maybe even 2011, there's not much chance of '09 and '10 car sales reaching even 2008's miserable 13.1 million.
With economists predicting a rough 2009, 2010 and maybe even 2011, there's not much chance of '09 and '10 car sales reaching even 2008's miserable 13.1 million.
Steve Parker | Posted 09.05.2008 | Business
The auto industry's US sales numbers for August are in, and Americans are again buying full-size pickups and SUVs. They are actually a "bright spot" i...
Steve Parker | Posted 08.15.2008 | Green
GM is promoting the non-existent Chevrolet Volt, telling Olympics viewers it will be manufactured in 2010, but that's not definite. They say its gasoline powers a "generator" which keeps on-board batteries juiced-up.
Steve Parker | Posted 08.12.2008 | Green
Sometimes, it's the incongruities, not the new models, which make the auto industry so interesting.
Steve Parker | Posted 07.15.2008 | Business
That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.
Reuters | Posted 06.11.2008 | Business
Chrysler LLC may cut production further amid a steep drop in truck sales, according to a Wall Street Journal online report citing an interview with Ch...
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Steve Parker | Posted 01.08.2009 | Business