After Chrysler, GM Starts Killing Dealers Too
17 May 2009, 07:27 UTC · By: Bogdan Popa / Just as we told you in a previous report, as part of a broader campaign to reduce costs and tackle the economic recession, General Motors plans to get rid of more than 1,000 dealerships. Well, the m...
Geely Denies Bids for Volvo, Saab
15 May 2009, 15:05 UTC · By: Bogdan Popa / The Chinese automaker Geely, who has been often linked with either a Volvo or Saab acquisition, recently denied all rumors claiming it has submitted bids for one – or even both as some media r...
Dacia, Fiat and Hyundai April Sales Go Up Thanks to Scrapping Bonus
15 May 2009, 12:36 UTC · By: Tudor Raiciu / Inexpensive subcompact and compact cars have succeed in the difficult month of April where luxury models and SUVs have failed. Carmakers such as Fiat, Hyundai and Dacia have governments to thank for...
Chrysler Assumes Supplier Agreements
15 May 2009, 12:20 UTC · By: Daniel Patrascu / After earlier announcing its decision of closing 789 of its dealers, Chrysler also decided what to do with its suppliers. According to a release issued today, the American manufacturer will begin as...
Motorists Love Michelin, Study Finds
15 May 2009, 09:54 UTC · By: Tudor Raiciu / Ever wondered what motorists think of their tires and if they rank them any way? Don't despair if you didn't, because J.D. Power and Associates took care of that job for you. While you sho...
Chrysler to Offer $1,000 Voucher to Existing Customers
15 May 2009, 09:11 UTC · By: Daniel Patrascu / In an effort to bring back customers into their dealerships (which by the way will shrink by 789 locations), Chrysler has come up with a somewhat strange plan. According to a detnews.com report, mil...
Ford Hopes to See Profit in 2011
15 May 2009, 08:33 UTC · By: Bogdan Popa / Ford, a.k.a. the only Detroit Three member who hasn't sought government support in its life-saving strategy, said it expects to return to profitability as soon as 2011. In the annual meeting wi...
Chrysler Bankruptcy, a Potential Threat to SiriusXM
15 May 2009, 08:22 UTC · By: Tudor Raiciu / Apart from dealerships and parts suppliers, the Chrysler bankruptcy could claim another victim in the industry, quite an expected one we might add. We're talking about the SiriusXM satellite ra...
Ford's Shareholders Meeting Voting Results
15 May 2009, 08:33 UTC · By: Daniel Patrascu / As we told you yesterday, Ford Motor's executives have met with the shareholders in order to discuss the future of the only Detroit Three manufacturer who is living, still, without any help fro...
Chrysler-Fiat Alliance Gets the Green Light From US FTC
15 May 2009, 07:27 UTC · By: Bogdan Popa / Although some people said that a potential alliance between Chrysler and Fiat would result in one of the biggest automakers in the US that could rule the roost in the country, the US Federal Trade C...
US Treasury: We're Not Involved in Chrysler's Dealership Cut!
15 May 2009, 07:26 UTC · By: Bogdan Popa / Following Chrysler's announcement that it will reject 789 dealers in the United States, the US Treasury officials stepped in the front of the media representatives and insisted they haven'...
Ford's EcoBoost V6 Engine Debuts on 2010 Lincoln MKS
15 May 2009, 07:17 UTC · By: Daniel Patrascu / Ford's future in terms of engine development is now here, as the manufacturer announced the 3.5l EcoBoost V6 engine, produced at the Cleveland engine plant is now featured on the 2010 Lincoln M...
Confirmed: Chrysler Kills 789 Dealers!
15 May 2009, 06:24 UTC · By: Bogdan Popa / Chrysler today announced that it has filed a motion with the US Bankruptcy Court to reject almost a quarter of its US dealerships as part of the reorganization process it started on May 1. The Ameri...
NADA on Chrysler Dealership Cut: A Very Sad Day!
15 May 2009, 06:38 UTC · By: Bogdan Popa / Chrysler's announcement that it will close the doors of 789 dealerships across the United States didn't shock anybody, especially because the whole industry is fairly familiar with the cur...
Volkswagen's Chattanooga Plant to Play Key Role in US Strategy
14 May 2009, 14:59 UTC · By: Bogdan Popa / Volkswagen today erected the first wall of the new US factory in Chattanooga, Tennessee which was regarded as a new reason for celebration within the German manufacturer. The Governor of the State o...
Bill Ford Holds on to the Company
14 May 2009, 14:47 UTC · By: Daniel Patrascu / It is obvious that surviving without government help, despite the fact that it can add to a company's prestige, is no easy feat. Ford Motor Company knows this first hand, as it just announced ...
Fiat's Luca de Meo Moves to Volkswagen
14 May 2009, 14:31 UTC · By: Bogdan Popa / Volkswagen has just announced that Luca de Meo, who has been working for Fiat, Alfa Romeo and Abarth, will join the German manufacturer and will become responsible for marketing at the VW Passenger ...
Ford Expects New Car Sales to Explode with Spain Incentives
14 May 2009, 10:40 UTC · By: Bogdan Popa / While Renault's bosses insisted that the Spanish government isn't helping automakers as it should, Ford expects new car sales to be increased by 400,000 units thanks to incentives offered ...
BMW's Strategy Number ONE
14 May 2009, 10:24 UTC · By: Daniel Patrascu / How does a premium segment car manufacturer plan of riding out the economic storm? Well, lots of calculations, predictions and a lot of hope may point them in the right direction. BMW for instance s...
One Third of the US Roads Are in Ruin
14 May 2009, 10:10 UTC · By: Tudor Raiciu / Though many people have in mind the long perfect roads in the United States, which are great for hours and hours of cruising, reality proves different. A recent report released today by the Amer...