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Jim Press

Should Closed Car Dealers Be Re-Opened by Congress?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Dealers say that automakers will save little -- if anything -- from closing outlets.

This Weekend's TalkRadioOne.com Automotive Shows

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

The US is "churning" the vast government fleet, and buying more cars and trucks from Ford than GM or Chrysler.

Chrysler President James Press's $15.7M Townhouse

The New York Observer | Max Abelson | Posted 05.25.2011 | Business

This week, Mr. Press' townhouse at 178 East 64th Street went on the market for $15.7 million--or $35,000 per month. "It wasn't appropriate. He bought ...

Obama: "Ich bin ein Chrysler!"

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Obama talked his usual great game of absolute confidence at the end of his announcement this morning, telling the country, "If you're going to buy a new car, buy an American car."

It's All Business at Depressed Auto Show

Daniel Hernandez | Posted 05.25.2011 | Business
Daniel Hernandez

It was a different kind of auto show this year in Detroit. Gone were the celebrity presenters, the pyrotechnics, the herd of cattle escorting new pickups to the media pool. Those days are over.

Toyota Projects First-Ever Annual Loss; Congress Disses Detroit

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Congress took a perverse pleasure in giving Detroit's CEOs and the UAW president the third degree -- unnecessary theater while our country suffers this economic decline.