Truemors
The NEW GM !
Allll riiiigght! America's heavyweight automaker has reentered the fray, "leaner and meaner", we hope! At least, that's what's been reported by the Associated Press. So,... 
USA: Minnesota Auto Mogul Hecker HQ Raided for Possible Fraud
" June 2009 | by Eric Kelsey The Minnesota State Patrol raided Denny Hecker Automotive Group headquarters in St. Louis Park, along... 
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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... 
Grandstand collapses at Columbus Speedway: 6 injured
Part of the second level of the grandstand at the Columbus Speedway has collapsed at about 5:15pm today: six people are reported as injured and at least one person is still trapped in the rubble. "Numerous medics and rescue squads were on the scene at 1845 Williams Rd. in... 
Think I'll use the drive through
A woman who works at a petrol station in Livingston, West Lothian, Scotland rammed her customers car into the front of the petrol station as she helped the disabled person.She didn't notice the car was an automatic... 
Toyota Cutting Executive Salaries and Offering Buyouts
Toyota Motor Corp. has decided to further cut North American production, cut executive compensation by 30% and offer buyouts to 18,000 workers. This is in light of the slumping economy that has hit... 
Nissan to slash 20,000 jobs
Japanese auto maker Nissan has also become victims of economic slum and due to low sales decided to cut 20,000 jobs worldwide which is 8.5% of its workforce over the next one year. The Nissan also announced an...
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...
Toyota Forecasts Its First Operating Loss in 71 Years
Amazingly enough, it is not just troubles found at the “Big Three” that may have an effect at motorsports most visible pursuit – NASCAR! Nearly 50 teams rely on millions of dollars in supplies and... 
created by Edmund Jenks | 51 wks ago | updated 51 wks ago
305 views | 53 recommendations | 11 comments
305 views | 53 recommendations | 11 comments
