Heavy Economy, Seattle? Light Trucks Are the Answer

The economy is weighing heavy on Seattle, but if you’re spending smart, you’re cruising through in a light truck. Specifically, light trucks from overseas. There’s no more need for the kind of Michigan-made brawn that comes with a big price sticker. Go light and you go...

Governing Motors: Big Brother, HAL and what clearly comes next

Nobody likes bad guys. Even bad guys don’t like bad guys. The reason is that no one actually thinks they’re a bad guy. Do you think serial killers look at the face in the mirror (theirs, not the one they just...

SAAB goes into Dutch hands

A loss making car company SAAB been sold to Dutch luxury car manufacturer Spyker. A $74m deal been announced along with $326m of preferred shares by GM. Along with deal between GM and Spyker, Saab requested a...

Spyker Gets Deal Done, Buys Saab from GM

In a last minute deal, Dutch sports car maker Spyker Cars bought the Swedish manufactured Saab from General Motors Co., saving the line from being discontinued. According to the Wall Street Journal, Spyker will...

GM Press Conference: Ed Whitacre to Remain as CEO

General Motors (GM) has announed at a press conference that Ed Whitacre will remain as permanent CEO. Besides announcing his newly-permanent position, Ed Whitacre said that GM will repay its loans from the American and Canadian governments by June of this year, a total of...

Christmas sale – Volvo – sold, SAAB – anyone?

There have been happening a lot in 2009 but car companies sell been really big. And Swedish manufacturers been leading all the time – Volvo and SAAB had to find new owners. As now is clear, Volvo is going into Chinese, Geely, hands. The deal should be finished early next...

Koenigsegg closed the deal for buying SAAB

Swedish car manufacturer – Koenigsegg – closed the deal on buying SAAB. It's the second collapsed deal for General Motors to sell it's lossmaking brands to outside investors. It took two months of...

Magna purchase of Opel cancelled, GM shocks Germany

As part of General Motor's restructure plan, the troubled Auto Manufacturer had concluded a deal with Magna, a Canadian Company, to sell it's European assets, Opel and Vauxhall to Magna and Russia's Sherbank....

USA - Hummer leaves for China from USA - GM announces deal.

Another one of brands that was the pride of Americans is going to go from American hands. Hummer, once known as the king of SUVs is being sold by GM to Sichuan Tengzhong Heavy Industrial Machinery as per an...

GM Kills Saturn's Engine

General Motors (GM) has finally decided to stop production of its 24year old car brand Saturn. Announcing this on company's website GM CEO Fritz Henderson sounded disappointed. He said that the company...

GM to Sell Cars on eBay

General Motors Co. announced today that they will allow buyers to purchase cars from California Chevrolet, Buick, GMC, and Pontiac dealers through the eBay online marketplace. Two months after GM filed for...

The changing business paradigm and its impact on Indian SMEs

The changing business paradigm and its impact on Indian SMEs in 2010 It is not the fittest who will survive the change but those who are having the ability to adopt to change – Charles Darwin Understanding the...

Retired auto workers have their say Pt.6

Frank Hammer: UAW leadership came to identify more with the companies than with workers and communities

Swedish Koenigsegg bought Saab

Swedish luxury car manufacturer Koenigsegg made a deal with US General Motors and bought Saab. While General Motors is failing to get any profit European Koenigsegg seems to grow bigger. According to Financial...

Obama Woos Doctors on Health Care Reform - Consider the VA

The New York Times is reporting on Today's speech to The American Medical Association (AMA) on Government Health Care Reform.  Many appear skeptical over the Government intervention on any front these...

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