Buick Bets on Mid-Size Segment
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Similar to its parent company, the General Motors Buick division is experiencing tough times during the global recession, with sales going down for most models. However, Buick plans to pay more atte...
Jaguar Land Rover Screams for Help, Tata Brings Tens of Millions
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Tata Motors recently announced that it has agreed to help its UK brand Jaguar Land Rover with financial support, but refused to indicate whether the money is going to be used for new models or for i...
SsangYong Shuts Down Operations, Protests Announced
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although we've heard a lot of reports claiming that global automakers may file for bankruptcy due to the financial crisis, none of them actually got so far, with governments or majority share h...
Honda North American Production Drops by 119,000 Units
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Still struggling to remain on the floating line and minimize loses caused by the global economic recession, Japanese carmaker Honda today announced a new production cut for the North American market...
Fiat-PSA Considering Major Tie-up
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Since the financial recession is far from being over, global automakers turn to desperate moves in order to survive in the automotive industry without slashing production and firing employees. Follo...
GM Announces Major Q1 2009 Production Cut
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / General Motors is surely the most popular car manufacturer these days, but not necessarily thanks to the fact that it owns so many brands all around the world. It all started a few months ago when t...
Bush: TARP Funds Could Save Detroit
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / President George W. Bush today issued a new statement related to the domestic automotive industry, informing that a potential solution to rescue the almost-collapsed Detroit 3 would be the use of TA...
GM Ceases Flights
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / General Motors has made new wishes for the new year and one of these cravings is becoming more responsible with their money when it comes to high class traveling. GM decided that “due to signi...
GM CEO Drives to Washington in Hybrid Chevy Malibu
21 Nov 2012, 14:06 UTC · By: Alex Tudorache / As a result of the recent scandal in which the three CEOs were involved, GM's CEO Rick Wagoner will drive to Washington this week in a Chevrolet Malibu Hybrid to ask for bridge loans. L...
Continental Counteracts the Global Recession
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Continental is one of the first suppliers in the automotive industry that counteracts the financial crisis, with the company's officials today confirming that the Blythewood, S.C. Plant is due ...
Fiat to Suspend 14 Production Plants
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Although it initially seemed like European manufacturers are less affected by the economic crisis, recent news reported that major companies such as Volvo, Volkswagen and Saab started experiencing v...
Chrysler Idles Plants for One Month
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler continues its efforts to remain in the automotive industry with a new cost-cutting measure, this time related to its production plants all over the United States. The American company said ...
Global Economic Crisis Smashes China, Delays New Car Launches
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global economic crisis continues its killing spree in the automotive industries and travels to China to meet one of the largest auto markets in the world. In fact, the economic crisis has alread...
Chrysler Asks Citizens to Beg for Money
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / US-based automakers have joined forces for what seems to be the only way to help them get out of the global economic crisis: a large alliance continuously asking employees and US citizens in general...
Chery May "Help" Chrysler Go Bankrupt
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Chrysler's race for survival may bite the dust due to an unexpected obstacle: Chery Automobile, the Chinese partner of the American company, may “convince” the United States Senate ...
US Gov Seeking for “Car Czar”
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / The global recession soap-opera continues with a new report which came out today, with the House of Representatives Speaker Nancy Pelosi pointing that a “car czar” to supervise the Detro...
Obama Promises More Funds for US Carmakers
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Barack Obama, US' new president, said in an interview with CBS that helping the local carmakers is a priority for the new administration because a potential collapse of the automotive industry ...
Chrysler to Cut Small SUV Production
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / With numerous companies heavily affected by the global economic crisis, Chrysler announced a couple of measures meant to reduce and minimize the effects. First of all, the American company said it w...
Chrysler Lures Dealers with Extra Cash
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / With most carmakers seeing their sales going down in the last few months, Chrysler tries a different market strategy that could help them deliver more cars to dealerships across the country. In shor...
McCain: $25 Billion Should Be Enough to Revive Car Industry
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / John McCain said in an interview on NBC that the first $25 billion allocated to the automotive industry should be enough to help the companies affected by the global economic crisis, so new funds wo...