Gm

GM Sales Drop 41 Percent As US Auto Industry Sinks

AP | BREE FOWLER | Posted 12.02.2008 | Business

Read More: Automakers, Automaker Bailout, Cars, Economy, Financial Crisis, Auto Sales, Recession, Chrysler, Gm, Ford, Business News

NEW YORK — November U.S. vehicle sales at General Motors and Chrysler plunged more than 40 percent, while Ford's sales dropped 31 percent, crush...

Read Whole Story

GM, Ford Will Sell Corporate Jet Fleets

ABC News | http://www.huffingtonpost.com/2008/12/01/christopher-hitchens-batt_n_147598.html | Posted 12.02.2008 | Business

Read More: Automakers, Private Jets, Automaker Bailout, Corporate Jets, Gm, Ford, Cars, Big Three Jets, Business News

Ford and General Motors will sell their fleet of corporate luxury jets, the two struggling auto companies announced today. The move comes two weeks a...

Read Whole Story

7 Worst Automaker Bailout Ideas

US News and World Report | Rick Newman | Posted 12.02.2008 | Business

Read More: Automakers, Chrysler, Automaker Bailout, Gm, Economy, Ford, Financial Crisis, Cars, Recession, Automaker Crisis, Business News

Commence Kabuki. With the Detroit automakers in the late stages of supplication, a predictable ritual will now take place. The CEOs of GM, Ford, an...

Read Whole Story

Unions Aren't To Blame For Automakers' Woes

Mike Papantonio | Posted 12.02.2008 | Business

Read More: Automotive Industry, Air America Radio, Mike Papantonio, Union, Recession, Detriot, Uaw, Organized Labor, Bailout, Ring of Fire, Union Busting, Economy, United Auto Workers, Detroit Bailout, Automakers, Walmart Unions, Economic Policy Institute, Gm, Automaker Bailout, Richard Shelby, The Big 3, Epi, Big Three Automakers, Jim Demint, Detroit Three, Ford, Afl-Cio, Cars, Detroit Automakers, Detroit Bailout Reaction, Chysler, Auto Industry, Business News
Mike Papantonio

If the centralized, organized mouthpiece for labor is destroyed, then so is the only advocacy vehicle available to the nonunion worker.

Read Post

Out of Line: Auto Makers

Mort Gerberg | Posted 12.02.2008 | Politics

Read More: Automaker Bailout, Big Three Automakers, Big 3 Bailout, Humor, United Auto Workers, Detroit Bailout, Ford, Detroit Three, Automakers, The Big 3, Bailout, Cars, Detroit Automakers, Politics, Detroit Bailout Reaction, Political Cartoon, Gm, Political Humor, Chysler, Auto Industry, Political Cartoons, Detroit, Politics News
Mort Gerberg

Should the Government Bail Out the Big Three U.S. Automakers? HuffPost Bloggers Weigh In...

Read Post

Ford tells Congress it may be able to go it alone

AP | KEN THOMAS and TOM KRISHER | Posted 12.02.2008 | Business

Read More: Automakers, Chrysler, Automaker Bailout, Gm, Economy, Ford, Financial Crisis, Cars, Business News

WASHINGTON — Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect ...

Read Whole Story

US Automakers Consider Selling Saab, Volvo

AP | MALIN RISING | Posted 12.02.2008 | Business

Read More: Auto Industry, Automaker Bailout, Big Three Automakers, Gm, Ford, Volvo, Cars, Saab, Automakers, General Motors, US Automakers, Financial Crisis, Automaker Crisis, Business News

STOCKHOLM, Sweden — The Swedish government confirmed Monday it is in talks with General Motors Corp. and Ford Motor Co. after a report that the ...

Read Whole Story

Automakers' Future: The Smaller 3 Or Big 1?

CNBC, 24/7 Wall Street | Posted 12.02.2008 | Business

Read More: Automakers, Chrysler, Automaker Bailout, Big Three Automakers, Gm, Economy, Ford, Cars, Financial Crisis, Automaker Crisis, Business News

CNBC's Phil LeBeau predicts that the idea of Ford selling Volvo -- along with GM selling Saab -- would be the beginning of a new era for the "Big Thre...

Read Whole Story

Cyber Monday Follows Robust Black Friday: MediaBytes with Shelly Palmer December 1, 2008

Shelly Palmer | Posted 12.01.2008 | Media

Read More: Search, Gm, Super Bowl, Microsoft, National Amusements, Cyber Monday, Sumner Redstone, Facebook, Cbs, Mediabytes, Carl Icahn, Yahoo, Shelly Palmer, Detroit, Media News, Black Friday, Viacom, Midway, Nbc, Media News
Shelly Palmer

Cyber Monday will follow a robust Black Friday. While dim reports on the state of retail are all the rage, if analysts and the media continue to spi...

Read Post

Los Angeles Auto Show - It's a wrap!

Steve Parker | Posted 11.30.2008 | Business

Read More: Lee Iacocca, Scion, Lexus RX400h, Chrysler, Fuel-Efficient Cars, Honda, Los Angeles Convention Center, Mercedes-Benz, Cars, Compressed Natural Gas Engines, Gas/Electric Hybrid, Dearborn, Ev, Front-Wheel Drive, Green Energy, 2010 Ford Mustang, Audi Clean Diesel, Clean Diesel, SEMA Show, Green Cars, Los Angeles Auto Show, Japanese Cars, Hybrid Cars, Black Friday, Electric Cars, Los Angeles Auto Show Green, Green Commuting, Georgetown Kentucky, Mercury Milan Hybrid, Toyota CNG Hybrid, Toyota Venza, Civis Si, Honda Insight, Horizontal Doors, 2010 Chevrolet Camaro, Toyota Camry Hybrid, Ford Fusion Hybrid, Gm, All-Wheel Drive, Lexus IS Hardtop Convertible, Detroit Three, Honda CR-Z, Cng, Honda Hybrid, Las Vegas, Smart ForTwo, Lexus RX450h, Tokyo Motor Show, Honda Civic, Smart Car, Compressed Natural Gas Cars, Dodge, King of the Kustomizers, Green Car, Compressed Natural Gas, Camry CNG Hybrid, Ford Verve, Jeep, George Barris, Volkswagen Jetta Diesel, Bluetec, Ford Fiesta, Hollywood, Business News
Steve Parker

How anxious are the Detroit Three carmakers to make sales? My wife and I were at the Los Angeles Auto Show last night, "Black Friday," at the Los Ang...

Read Post

Was Marx Right? The Bailout and the Auto Industry

Howard Schweber | Posted 11.29.2008 | Politics

Read More: Marx, Auto Industry, Gm, Bailout, Economy, Big Three, Globalization, Financial Crisis, Labor Market, Unions, Politics News
Howard Schweber

We need a bailout of the auto industry to give the new contracts and the new automotive products a chance. And then we need to address the larger question about the auto industry, and about American industry in general.

Read Post

Los Angeles Auto Show -- Clean Diesels Clean Up

Steve Parker | Posted 11.27.2008 | Business

Read More: Saturn, Chrysler, Scion xB, Stick Shift, Cars, Ford, Clean Diesel, Nissan, Brad Pitt, Blue Drive Hybrid System, Los Angeles Auto Show, General Motors, Touareg TDI, Hyundai, Hydrogen Fuel Cell, Los Angeles Auto Show Green, Climate Change, Computers, Hydrogen-Powered Cars, Volkswagen CC, Nissan 370z, Energy, Corvette ZR1, Infiniti G37, Toyota Camry Hybrid, Gm, Afghanistan, Nissan Cube, Carlos Ghosn, Chevrolet, 2010 Camaro, Porsche, Jetta TDI Cup, Daewoo, Green Car of the Year, Smart ForTwo, Manual Transmission, Continuously Variable Transmission, Ferrari, Chevrolet Cruze, Chevrolet Volt, Q7, Smart Car, Dodge, Datsun, Chevrolet Tahoe Hybrid, Fuel Cells, Audi, Chevrolet Corvette, Bmw, Christianity, Jeep, Hyundai Genesis, Volkswagen Jetta Diesel, Brabus, q5, a3, Cvt, a4, Business News
Steve Parker

At this year's Los Angeles Auto Show, the 205-mile per hour, $100,000, 2009 Corvette ZR1 is relegated to the very rear of the Chevrolet exhibit, like the "adults only" section in video stores.

Read Post

Get Your Head Out of Your Detroit

Joel Shukovsky | Posted 11.25.2008 | Business

Read More: Automakers, General Motors, Automaker Bailout, Chrysler, Detroit, Big Three, Gm, Ford, Auto Industry, Business News
Joel Shukovsky

President-elect Obama risks making the first big mistake of his administration if he condones a $25 billion bailout with these corporate yahoos still at the wheel.

Read Post

Too Much Green in Being Green

Brian Ross | Posted 11.25.2008 | Green

Read More: Chrysler, Gm, General Motors, Ford, Cars, Green Living, Hybrid Cars, Big-Three, Big Three Bailout, Toyota Hybrids, Foriegn Cars, Prius, Hybrid Suv Prices, Autos, High Gas Prices, Toyota Prius, Hybrid SUVs, High Price Oil, Auto Industry, Detroit Bailout, Green News
Brian Ross

I would love to drive a Mini, or a Prius or a Smart Car, but I have a big family. Unless Ringling Bros. teaches me how to pile them all in and out of a four passenger car, it is not an option.

Read Post

Ford CEO: We're Not In As Much Trouble As GM And Chrysler

CNBC | Posted 11.25.2008 | Business

Read More: Ford Ceo, Gm, Automaker Bailouts, Detroit Bailout, Barack Obama, Chrysler CEO, Car Bailout, Business News

It's not quite guilt by association, but it's close. Ford, by virtue of being one of the Big 3 and because its finances are weakened, has been lumped ...

Read Whole Story

Hypocrisy and Arrogance-A Lesson From the Car Industry on Why Health Care Reform Must Not Fail

Miles J. Zaremski | Posted 11.25.2008 | Politics

Read More: Cars, Barack Obama, Health, Big Three Automakers, United Auto Workers, Detroit Bailout, Ford, Detroit Three, Automakers, Bailout, Detroit Automakers, Gm, Chysler, Automaker Bailout, The Big 3, Detroit Bailout Reaction, Auto Industry, Detroit, Politics News
Miles J. Zaremski

The American auto CEOs came hat-in-hand to Washington, DC last week, to bail out their companies, and yet they came without a plan. Instead, they wanted $25 billion.

Read Post

The Media Myth: Detroit's $70-an-hour Autoworker

Eric Boehlert | Posted 11.25.2008 | Media

Read More: Chrysler, Businessweek, National Review, Gm, New York Post, Barney Frank, Ford, Andrew Ross Sorkin, New York Times, Uaw, Newt Gingrich, Media News
Eric Boehlert

Make no mistake: The $70-an-hour claim represents a classic case of conservative misinformation. It's also a very dangerous one.

Read Post

Congress Bails out Those Who Shower Before Work, but not Those who Shower After Work

Leo W. Gerard | Posted 11.25.2008 | Business

Read More: Congress, Phil Gramm, Hank Paulson, Chrysler, United Auto Workers, Senate Banking Committee, Economy, Honda, U.S. Treasury, Cars, Mercedes-Benz, Federal Reserve, $700 Billion Bailout, Vikram S. Pandit, Ford, Charles O. Prince III, Automakers, Nissan, Unemployment, Bailout, Default, George Will, Hyundai, Sen. Jon Kyl, Detroit, Big Three, Financial Crisis, Washington Post, President Bush, Detroit Bailout Reaction, Detroit Bailout, Automaker Bailout, Big Three Automakers, Toyota, Sen. Richard Shelby, Detroit Three, Gm, The Big 3, Chysler, Detroit Automakers, Robert Rubin, Wall Street, Martin Feldstein, Ben Bernanke, Wachovia, Auto Industry, Bankrupt, Citigroup, Business News
Leo W. Gerard

Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.

Read Post

What Detroit Needs

Aram Khayatpour | Posted 11.25.2008 | Business

Read More: Chrysler, Gm, Auto, Ford, Recession, Big 3, Congress, Bailout, Auto Industry, Detroit, Big Three Automakers, United Auto Workers, Detroit Bailout, Detroit Three, Automakers, Jobs, Cars, Detroit Automakers, Unemployment, Detroit Bailout Reaction, Chysler, Automaker Bailout, The Big 3, Business News
Aram Khayatpour

We all make jokes about how lazy and lobby-driven Congress is, and as sad as the truths behind those jokes are, when times are good, we can afford to have government operate like that.

Read Post

Nationalizing Chrysler

Larry Abrams | Posted 11.25.2008 | Business

Read More: Financial Crisis, Politics, Big Three Automakers, Green Energy, Green Energy Economy, United Auto Workers, Detroit Bailout, Ford, Detroit Three, Automakers, Jobs, Bailout, Cars, Detroit Automakers, Unemployment, Detroit Bailout Reaction, Gm, Chysler, Automaker Bailout, The Big 3, Auto Industry, Detroit, Business News
Larry Abrams

The "creative destruction" argument conveniently forgets that it wasn't the "free market" that created the American Way of life, but a working class that was paid well enough to consume.

Read Post

Changing the Whole Auto Industry, Seriously?

Craig Newmark | Posted 11.25.2008 | Green

Read More: Environment, Shai Agassi, Project Better Place, Electric Cars, Big Three Automakers, Etroit, United Auto Workers, Detroit Bailout, Ford, Detroit Three, Automakers, Bailout, Cars, Detroit Automakers, Detroit Bailout Reaction, Gm, Chysler, Automaker Bailout, The Big 3, Auto Industry, Green News
Craig Newmark

Entrenched power and mindset within Detroit leadership make it really tough for the auto industry, as a whole, to innovate.

Read Post

GM lets Tiger go: MediaBytes with Shelly Palmer November 25, 2008

Shelly Palmer | Posted 11.25.2008 | Media

Read More: Google, Twitter, Mets, Case, Gm, Spam, Tiger Woods, Facebook, Mediabytes, Layoffs, Greys Anatomy, Barack Obama, Shelly Palmer, Boston Legal, Citibank, Eric Schmidt, Media News, Media News
Shelly Palmer

General Motors ended its seven year relationship with Tiger Woods yesterday. GM, who is trying to drastically cut costs, ended the contact with the...

Read Post

Eleven Other Countries with Big Auto Industry Problems

Steve Parker | Posted 11.24.2008 | Business

Read More: Renault, Chrysler, France, Suv, Cars, Spain, Prague, Ford, London, Madrid, Liverpool, General Motors, Japanese Cars, Germany, Poland, Czechoslovakia, Brussels, Zaragoza, Asia, Belgium, Hungary, Sweden, Czech Republic, Berlin, Saabs, Renault Nissan, Member of Parliament, Gm, Volvo, British, Angela Merkel, Jeep, Japan, Europe, Opel, China, Antwerp, Business News
Steve Parker

Here's some of what's happening, mostly with GM, in Europe and Asia, two markets outside the U.S. hit hardest by the slowing automobile business.

Read Post

GM Asking Students to Help Greenwash

Glenn Hurowitz | Posted 11.24.2008 | Green

Read More: Auto Industry, American University, Bailout, Gm, General Motors, Greenwashing, Green, Green Living, Greenpeace, Green Business, Hummer, SUV Sales, Greenwash, Green News
Glenn Hurowitz

My intern, Meg Imholt, is also the president of EcoSense, American University's environmental group... the target of GM's latest cynical marketing attempt.

Read Post

Smart Ways to a Bailout -- Step 1: Stop Demonizing the UAW

Art Levine | Posted 11.24.2008 | Politics

Read More: Auto Industry, Cars, Uaw, Bailout, Big Three Automakers, Detroit Bailout, United Auto Workers, Ford, Detroit Three, Automakers, Jobs, Labor Unions, Detroit Automakers, Unemployment, Detroit Bailout Reaction, Gm, Chysler, Automaker Bailout, The Big 3, Auto, Unions, Detroit, Politics News
Art Levine

You've probably heard claims about those inefficient UAW members supposedly making $70 an hour, including benefits, making unions the prime culprit in the failures of the Big 3 automakers. But it's all a big lie.

Read Post