Canada's auto industry made more than C$100 billion ($82 billion) in profits between 1972 and 2007, with the Canadian units of General Motors and Chrysler generating more than a third of those earnings, a report by the Canadian Auto Workers said...
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There would not be this trip of a lifetime were it not for the deep hearts and never-ending efforts of some extraordinary people.
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ArvinMeritor Inc. said today it has cut about 250 employees since early February, continuing recent cost-cutting efforts expected to yield about $430 million in annual savings.
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The Boston Consulting Group was awarded $7 million by the U.S. Treasury Department to help assess General Motors' restructuring plan and Chrysler's alliance with Fiat as the government considers the automakers' fates.
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The Boston Consulting Group was awarded $7 million by the U.S. Treasury Department to help assess General Motors' restructuring plan and Chrysler's alliance with Fiat as the government considers the automakers' fates.
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General Motors shares plunged 16 percent today as traders shed positions out of fear the U.S. government will push the automaker into a bankruptcy that could wipe out existing equity. GM, which is operating under $13.
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General Motors shares plunged 16 percent today as traders shed positions out of fear the U.S. government will push the automaker into a bankruptcy that could wipe out existing equity. GM, which is operating under $13.
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Today were getting crystal-clear shots of the 2011 Mini Crossman, which was spied again during testing.
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Today were getting crystal-clear shots of the 2011 Mini Crossman, which was spied again during testing.
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In today's News Brake: We spy on the new Mini Crossman; an update on Chrysler and Fiat; and a hot lap through NASCAR...But Wait, There's More!
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This is from the Now It Can Be Told Department. It can be told partly because of security and partly because of kismet.
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Bridgestone Corp., Japan's largest tire maker, said today it planned to invest $98 million in an east China plant to expand its capacity.
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Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.
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General Motors' bondholders are preparing legal arguments against the automaker's bankruptcy plan, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.
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General Motors' bondholders are preparing legal arguments against the automaker's bankruptcy plan, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up