High fuel prices to hit Big-3 hardest
High gasoline prices and fear of them seem to be taking a bite out of new car and truck sales in April. General Motors Corp., Ford Motor Co. and even … Read More
An Inside Look at Motorsports
High gasoline prices and fear of them seem to be taking a bite out of new car and truck sales in April. General Motors Corp., Ford Motor Co. and even … Read More
According to Robin Miller on Wind Tunnel Sunday night, there is a rumor in Detroit that GM is wooing Roger Penske to take over the auto giant and save it … Read More
Foreign companies could match Detroit automakers in U.S. auto sales within five years if current trends continue, industry experts said Wednesday at a conference sponsored by the Detroit branch of … Read More
UPDATE This rumor is upgraded to 'fact' today. General Motors Corp. today announced it would sell its 7.9 percent equity stake in Isuzu Motors Ltd. The commercial partnership between GM … Read More
General Motors has a plan to return to profitability: Get rid of as many United Auto Workers as it can by offering $35,000 to $140,000 to leave. Not sure how … Read More
Ford fans stand proud: Chevrolet might not be America's best-selling brand after all. Ford Motor Co. began calling the results of the 2005 brand contest — which has had Chevy … Read More
(GMMf1NET) Dietrich Mateschitz, owner of two formula one teams, has reportedly denied speculation that he might sell Red Bull to soft drink rival PepsiCo. Austria's 'NEWS' magazine claimed that Mateschitz, … Read More
General Motors Corp is considering exporting vehicles from China to developing markets, with a decision expected later this year, the Financial Times reported. The exports will consist of small vans … Read More
UPDATE The Road & Track Magazine website has a video feature on the Concept Camaro. 01/09/06 With the Ford Mustang doing so well Chevrolet is considering bringing back their Pony … Read More
The last few days have seen some interesting developments in India with the news that Tata Motors, a sponsor of Narain Karthikeyan is planning to do a number of things … Read More
As General Motors slashes jobs, closes plants and battles to avoid bankruptcy, the company’s CEO has set up a retirement plan that will pay him at least $4.6 million a … Read More
The day after General Motors Corp. announced it would slash 30,000 jobs and stop production at 12 plants, Ford Motor Co. Chairman and CEO Bill Ford delivered an impassioned manifesto … Read More
UAW officials from Chrysler Group plants across the country will meet in Dearborn today and Tuesday to discuss whether the union should give Chrysler the same health care concessions that … Read More
Toyota Motor Corp. is expected to release 2006 sales targets next month that, if realized, would push it past General Motors Corp. as the world's largest automaker, according to a … Read More
SBC, which closed its merger with AT&T on Friday [Nov 18th], plans to sell Cingular Wireless under the fabled AT&T name, Ed Whitacre, the chairman and CEO of the combined … Read More
General Motors Corp., the world’s largest automaker and the biggest publicly traded company in Michigan, on Monday said that it would close 12 facilities and eliminate at least 30,000 jobs … Read More
Ford Motor Co. will cut about 10%, or 4,000, of its white-collar jobs in North America next year, mostly through involuntary layoffs, as part of a sweeping cost-cutting plan to … Read More
UPDATE If Delphi Corp.'s unionized workers go on strike, not only would General Motors Corp.'s plants start slowing down in just 48 hours, but the giant automaker could see one … Read More
UPDATE #2 DaimlerChrysler AG's Chrysler Group said Thursday it will give two years of free gas to customers who buy a 2005 or 2006 vehicle before Jan. 3, following announcements … Read More
China's assemblers are likely to make and sell 6.4 million passenger cars, vans, buses and trucks in 2006, spurring the nation to surpass Germany as the world's third-largest vehicle maker, … Read More
The powerful 505 HP Corvette C6 Z06 is finally hitting the showroom floors now and already there are rumors a 600 HP version could be just a year away. Starting … Read More
With Paul Stoddart conveniently removed from the F1 paddock for opening his mouth and calling for Max Mosley's resignation, Mosley’s election for another 4-year term as FIA President is now … Read More
The head of Toyota Motor Corp. said on Tuesday he would not rule out buying a stake in a non-Japanese automaker, but added it was not clear how much need … Read More
UPDATE This rumor is upgraded to 'fact' today. This article says, Anne Stevens, group vice president, Canada, Mexico and South America, is elected executive vice president, Ford Motor Company, and … Read More
UPDATE This rumor is upgraded to 'fact' today. Ford Motor Co. agreed to sell Hertz Corp., the largest U.S. car-rental company, to a group of buyout firms for $15 billion. … Read More