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Obama Presents Saudi King With 2009 Chevy Malibu

Andy Borowitz | Posted 05.25.2011 | Comedy
Andy Borowitz

Mr. Obama was upbeat during the presentation, telling the Saudi monarch, "If you like it, there's plenty more where that came from."

Kim Jong-Il: 'Time to Pass Torch to New Generation of Madmen'

Andy Borowitz | Posted 05.25.2011 | Comedy
Andy Borowitz

In making the switch, Kim Jong-Il is hoping that his son will appeal to a coveted demographic group, lunatics between the ages of 18 and 25.

Report: Pontiac Dies on Monday

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Pontiac was chosen as the "easiest" to kill since it was cut from GM's self-defined herd of four "core brands," Chevrolet, Cadillac, GMC and Buick.

For Wagoner, Camaro Comes Too Late

Anne Stockwell | Posted 05.25.2011 | Business
Anne Stockwell

We say GM can't make fuel-efficient cars we want to drive, but the Camaro proves otherwise. Whatever his failings, Wagoner, who resigned Sunday, deserves a piece of that credit.

2010 Chevy Camaro Tries To Muscle Up Sales

CNBC | Phil LeBeau | Posted 05.25.2011 | Business

For pure "car lovers", the re-birth of the Chevy Camaro is like an early Christmas gift. A modern day muscle car (base sticker $22,995) built for peo...

GM Hoping Battery-Powered Car Will Be A Game Changer

Washington Post | Kendra Marr | Posted 05.25.2011 | Green

General Motors frequently holds up the Chevrolet Volt as a symbol of its future and a testimony to its ingenuity when it asks Washington officials for...

Obama Opens Chevy Dealership on White House Lawn

Andy Borowitz | Posted 05.25.2011 | Politics
Andy Borowitz

Chief of Staff Rahm Emanuel said that all Cabinet members were taking turns running the dealership, and that Vice-President Joe Biden was manning the customer service hotline.

GM, Chrysler Want Billions More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?

Toyota Is Tops In Sales, But Where Is It In Efficiency?

ecomodder.com | Posted 05.25.2011 | Green

To illustrate the gap between the perception of Toyota as a fuel efficient automaker (at least in the US) and the truth, let's take a look at CNN's li...

Some Good -- and Fun -- Automotive News for the Holidaze

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Really wish there were better news to post about, but the auto industry is reeling worldwide, and there's no better example than Toyota.

Three Doomed American SUV Plants

New York Times | NICK BUNKLEY and BILL VLASIC | Posted 05.25.2011 | Business

Reeling from its financial problems and a collapsing S.U.V. market, General Motors on Tuesday closed its factories in this city and in Moraine, Ohio, ...

Motor Racing Reacts to Worldwide Recession

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

With car sales suffering worldwide, the marketing and advertising budgets, where many companies keep their racing dollars, are often the first budgets to be trimmed.

Car Sales Tank; Detroit Visits DC, Pt. II

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Now that they have our attention, the Detroit Three, in plans submitted to Congress Tuesday, increased their appeals for federal loans from $25 billion to $34 billion.

Deepak Chopra on Mumbai: Too Controversial for CNN?

Michelle Haimoff | Posted 05.25.2011 | Politics
Michelle Haimoff

Deepak Chopra went on CNN Wednesday night to give his take on the Mumbai attacks and how to prevent similar attacks in the future, but producers cut Chopra off when he started to get too controversial.

Los Angeles Auto Show -- Clean Diesels Clean Up

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

At this year's Los Angeles Auto Show, the 205-mile per hour, $100,000, 2009 Corvette ZR1 is relegated to the very rear of the Chevrolet exhibit, like the "adults only" section in video stores.

GM Pinning Its Hopes On Plug-In Hybrid

New York Times | MICHELINE MAYNARD | Posted 05.25.2011 | Business

The Chevrolet Volt, a plug-in hybrid, will not arrive in showrooms until late 2010. But it is already straining under the weight of an entire company....

Europe's, China's carmakers ask for help; Waxman wins key Congressional post

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

In a major win for all consumers, Democrats in the House of Representatives voted Thursday to put Rep. Henry Waxman of California in charge of a key p...

Auto Industry Drops 32%; GM Plummets Over 45%

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Obama has consistently shown his support for an American car-making industry, a modern and green industry able to build the kinds of cars and trucks people will want to buy.

EPA's 2009 Top Ten; Dodge's Hemi Hybrids Tout mpg; New Corvette "on Indefinite Hold"

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

How serious are the problems facing the Detroit Three? This serious: General Motors' Chevrolet Division has put the next-generation Corvette, the C7, on indefinite hold.

Precipitous fifteen-year drop in US car sales; Need one? You probably can't get one

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

They say "start out bad news with a joke," so: In Peter Gent's "North Dallas Forty," a football coach is talking with the team owner's son about his f...

Major car-maker haps: Detroit gets their bailout, Daimler selling their last 20% of Chrysler, world's largest Chevrolet dealer group closes

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...

THE LATEST: $25 BILLION FOR DETROIT; PRODUCTION CHEVY VOLT PLUG-IN HYBRID UNVEILED

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...

BIG TRUCKS GAINING SALES TRACTION ... AGAIN!

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The auto industry's US sales numbers for August are in, and Americans are again buying full-size pickups and SUVs. They are actually a "bright spot" i...

$50 Billion for the Detroit Three: Yea or Nay?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Should Chrysler, or two of the car-makers or even all three go bust, then, this time, the American people will pay the price, both literally and figuratively.

Car Industry Group to Public: It's Not All Our Fault, It's Yours Too

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

It's the same story we've been hearing from car-makers, especially those in Detroit, for the past 30 years: "Just wait a little longer and we'll have those new cars and trucks you've been hoping for."