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Alan Mulally

Memo to Detroit: Change Now or Die

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.

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...

Ford CEO Mulally Thinks Lawmakers Will Loan Automakers $50 Billion

Wall Street Journal | Jeff Bennett | Posted 05.25.2011 | Business

DETROIT -- Ford Motor Co. Chief Executive Officer Alan Mulally said that more legislators are "in our corner" as the three U.S. auto makers prepare to...

Detroit Three's Plan Greener Future -- Too Little, Too Late?

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

GM is promoting the non-existent Chevrolet Volt, telling Olympics viewers it will be manufactured in 2010, but that's not definite. They say its gasoline powers a "generator" which keeps on-board batteries juiced-up.

Can GM Survive?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

John McCain visited a GM factory and said if cars like the Volt, a plug-in gas/electric hybrid GM is developing, really do make it to market (still a question mark), "hundreds of thousands of jobs will be created." He's wrong.

The Detroit Three --- Making Any Relevant Cars or Trucks?

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.

Ford CEO Calls Fed Cut "Very Positive"

Wall Street Journal | Mike Spector | Posted 05.25.2011 | Business

Ford Motor Co. Chief Executive Alan Mulally said the Federal Reserve's interest-rate cut this morning is a "positive" for the auto industry. Mr. Mula...