Posted Sunday December 9, 2007, 11:03 pm, Over one day old
A weak U.S. dollar and new, cost-cutting labor contracts with the United Auto Workers have turned Canada from a low-cost alternative for Detroit's Big Three automakers into the most expensive place in the world to build cars and trucks.
Read Canada loses luster for Big 3 (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
DETROIT -- Grammy-winning R&B singer Mary J. Blige will perform next month on the Detroit riverfront at the GM Style event, a run-up to the annual international auto show.
Read R&B singer Mary J. Blige to headline GM event (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
AUBURN HILLS -- Jason Vines, Chrysler LLC's top spokesman, is expected to resign today, just four months after a private equity firm purchased struggling automaker, Bloomberg News reported.
Read Chrysler's top spokesman will resign (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
FRANKFURT, Germany -- Capping an unprecedented period of expansion, this month Saturn is launching the 2008 Astra, a compact model that once again leverages the General Motors connection with European sister division, Opel.
Read Saturn leans on Europe to maintain U.S. growth (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
Ford Motor Co. has not officially announced it, but the Dearborn automaker plans to shutter its St. Thomas Assembly Plant in Ontario once production of the current generation of Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town Car concludes, probably by the end of 2010.
Read Ford will close Ontario plant (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
Over the past year, as U.S. gas prices rose to record highs, sales of fuel-efficient small cars did not benefit as much as industry experts had anticipated, increasing 0.4 percent to 2.24 million in the first 11 months of the year.
Read Subcompact sales boom (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
Even the best automobile manufacturers faced saturated markets, razor-thin profits, and ever tougher competition. The future looked bleak. Then emerging markets exploded.
Read Russia, new markets provide get-out-of-jail card for automakers (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
How soon they forget. Former Chrysler chief and now Daimler AG CEO Dieter Zetsche flew to Washington from Germany this week to show off Daimler's Smart car, offering reporters and members of Congress a chance to drive the little gas-sipper that goes on sale next month.
Read Who's that actor posing as a CEO? (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
General Motors has lost out to French rival Renault SA in the bidding to acquire a major stake in Russia's largest automaker, OAO AvtoVAZ.
Read Russians select Renault over GM (Links)
Posted Sunday December 9, 2007, 11:03 pm, Over one day old
With the Senate's failure to end debate on the House energy bill Friday and send it to a vote, staff members will begin negotiating a version that could soften or eliminate many of the most controversial provisions.
Read Energy bill stymied in Senate (Links)