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Last Chance for GM and Chrysler
US President Barack Obama is giving General Motors (GM) and Chrysler one last chance to viably restructure in order to survive. The business plans submitted by the Detroit automakers were deemed untenable. GM is... Ford teams with Magna to develop All-Electric Car
" DETROIT — Magna International Inc. is making a big leap into the electric vehicle age with a strategic alliance with Ford Motor Co. to supply key engine components for a new battery-powered vehicle. The... Canada: Steep Sales Drop in 2008 for Detroit Three
Toronto - For the first time in history, less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers. " Foreign automakers sold 51.2 per cent of vehicles in Canada last year, the first time that the market share of the Detroit Three... Are SUV's Dead or in a Coma?
Another plant dedicated to making SUV's closed this week leaving each of the Big Three with one plant each for making the once popular type of car. As recently as a few years ago, the SUV was the profit... ‘Driving Tips’ Offered to Big Three Auto Executives
Despite two recent trips to Washington, D.C. — first by private jet, then by electric vehicle — Big Three executives seem incapable of turning around the no-longer-profitable domestic automobile industry in the face of stiff competition from foreign manufacturers. ... Michigan Ceo Slashes Prices to Attract Customers
The chief executive of a six-year-old Michigan company is employing a business tactic he hopes will be more successful than the ones used by the state’s Big Three Automakers: He issued a news release today to let the world know he’s cutting his company’s prices in... ‘Circular Logic’ Works on Racetrack, Not in Detroit
In Bristol, Charlotte, Daytona Beach and other places where NASCAR® is king, it makes sense for people to go around in circles — or, more accurately, ovals — en route to achieving success. That kind of... Automakers seek $6 billion in Canadian aid
Even as Detroit's Big Three scramble for a chunk of the bailout pie, their Canadian subsidiaries are doing the same north of the border.""Regretfully, North American economic conditions now make it necessary for us to seek government assistance to sustain our business and... Detroit Three automakers seek aid from Canada
Canadian taxpayers are being asked to provide about $6 billion to the Detroit Three auto makers, and immediately. This request came just a day after the temporary suspension of Parliament."Ford Motor Co.... Bush Admits That The Big Three May Not Survive
Current United States President George W. Bush had weighed in on the fate of the "Big Three" that encompasses General Motors, Ford, and Chrysler. Bush said that the Big Three may not survive to see next... US automakers, promising cuts, now ask for $34 billion
The Big Three automakers are now seeking even greater sums of money, in the form of loan guarantees from the US government, simply to stay liquid and keep operating. The automakers have submitted to Congress... GM, Ford Announce Huge 3rd Quarter Losses
Detroit auto giants General Motors (GM) and Ford have announced larger-than-expected losses today as the lag in car sales continues. GM has put plans to acquire Chrysler on the back burner as it focuses upon more... Government bail-out for Detroit's automakers as bankruptcy looms
Evidently, once one of Detroit's Big Three declares bankruptcy, then the other two will be forced to do the same, just to remain competative with the first one to declare! In an effort to avoid this very...
created by Emilio Lizardo | 1 year ago | updated 1 year ago
764 views | 29 recommendations | 20 comments
764 views | 29 recommendations | 20 comments
Ten Ways the Funeral Industry Might Change
Being a middle-aged man, I think about end-of-life things more often than I once did and it shows up in this blog. Last week, I stumbled upon a way to realize funeral cost savings of $900 by purchasing simple...Toyota Will Soon Overtake GM--But Say It Softly - Forbes.com
Toyota leapfrogged Ford as the world's No. 2 automaker in annual global vehicle sales in 2003. Now it has plans to overtake General Motors as the world's biggest auto seller -- but it's an aim that dare not speak its name
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