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Auto Industry

Wall Street Credit Crash Threatens To Tank U.S. Auto Industry

Diane Tucker | Posted 05.25.2011 | Home
Diane Tucker

"Every job lost on Wall Street impacts two-to-three jobs on the outside. By comparison, every job lost at an auto plant impacts nearly 10 jobs on the outside... We don't want to know what happens if the domestic auto industry gets away from us."

Chrysler Revs Up to Join Green Car Race

Josie Garthwaite | Posted 05.25.2011 | Green
Josie Garthwaite

Chrysler revealed prototypes for three electric cars Tuesday--an SUV, minivan, and coupe--and announced plans to roll one of the models out to showrooms by 2010.

Gassing Up and Down: How to Improve Your Mileage

Bob Schildgen | Posted 05.25.2011 | Green
Bob Schildgen

A higher-than-rated mpg is quite achievable. On one occasion, I got 42 mpg on the highway, simply by maintaining a speed of 55 mph and using the cruise control.

Suddenly Obama's Auto-Policies Matter: Michigan Is The New Florida

Diane Tucker | Posted 05.25.2011 | Home
Diane Tucker

Any sort of cash incentive to get manufacturers to build more efficient vehicles -- and to get people to buy more of them -- is an admirable thing. But let's not forget that if people just make smarter choices, this nation's energy usage will go down dramatically.

General Motors Executive Doesn't Recognize Global Warming as Fact -- He Should Be Fired

Josh Nelson | Posted 05.25.2011 | Green
Josh Nelson

Originally posted at The Seminal. The Green Miles has the scoop:General Motors Vice Chairman of Global Product Development Bob Lutz was just on The C...

Everything You Need to Know About the New Chevy Volt

Maura Judkis | Posted 05.25.2011 | Green
Maura Judkis

GM just lit up the Internet with opinions from car lovers and tree-huggers everywhere. Here's a quick guide to everything you need to know about the car of the not-so-distant future.

Ford To Cut 4,200 Blue-Collar Employees, Report

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Ford Motor Co. has said that it wants to cut its blue-collar work force by another 4,200 employees, according to a person briefed on a...

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...

Auto Industry To Push Congress For $50B In Loans

AP | KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help st...

Drop In V-8 Engine Demand Prompts Ford To Fire 300 From Detroit-Area Plant

AP | Dee-Ann Durbin | Posted 05.25.2011 | Business

DETROIT (AP) -- Ford Motor Co. is laying off 300 workers at its Romeo Engine Plant near Detroit because of a drop in demand for its V-8 engines, a com...

The Split Personalities of Ford (USA vs. Europe)

Michael Graham Richard | Posted 05.25.2011 | Green
Michael Graham Richard

When you find yourself in a hole, stop digging, and Ford seems to be doing that by slashing SUV production and re-tooling some factories for small car production. But will it be fast enough?

GM Employees Can Now Give Away One Employee Discount

Wall Street Journal | John D. Stoll | Posted 05.25.2011 | Business

DETROIT -- General Motors Corp., hoping to boost demand amid a drastic downturn in the U.S. auto industry, will offer employee discounts to nonemploye...

Are Consumers Getting Comfortable With High Gas Prices?

The Wall Street Journal | Keith Johnson | Posted 05.25.2011 | Business

Americans appear to be concluding high energy prices are here to stay. The latest evidence: They view $4 gasoline as good news. The latest consumer-c...

McCain Boosted In Michigan by Economic Gloom and Romney Rumors

Dan Treul | Posted 05.25.2011 | Home
Dan Treul

If McCain picks Mitt Romney, son of former Michigan Gov. George Romney, as his running mate, Obama will almost certainly be forced to devote significant resources to maintain a close race in the state.

Global Heating: Why We Must Shift to Carbon-Free Fuel: The Doers (Part II)

Peter Hoffmann | Posted 05.25.2011 | Green
Peter Hoffmann

Fuel and fuel-cell costs -- and a lack of fueling infrastructure -- are still problematic but, with strong political will and close industry-government cooperation, are all solvable.

Ford Sales Plunge In June

AP | TOM KRISHER and DEE-ANN DURBIN | Posted 05.25.2011 | Business

DETROIT — Nearly all the major automakers reported steep sales declines for June, but for General Motors at least there was consolation: Toyota,...

GM To Discuss Restructuring For "Current Market Conditions"

Wall Street Journal | Posted 05.25.2011 | Business

General Motors Corp. Chairman and Chief Executive Rick Wagoner plans to hold a news conference Tuesday morning to discuss actions the company is takin...

Midwest Auto Workers Look To Obama For Change

Dan Treul | Posted 05.25.2011 | Home
Dan Treul

"GM won't change anything until they have every operation overseas," says Danny. "This started back in the 1980s with Reagan... We know we're not going to get any help from McCain."

Gas Tax Holiday Might Extend Beyond The Summer, McCain Says

AP | DEVLIN BARRETT | Posted 05.25.2011 | Home

GRAND HAVEN, Mich. — John McCain said Thursday that his proposal to suspend the gas tax for three months this summer may need to be extended lon...

Blame the USA's Energy Disaster, Including the Collapsing US Auto Industry, on Congress

Rob Kall | Posted 05.25.2011 | Green
Rob Kall

If we invest in giving consumers rebates for buying new US-made cars that have drastically improved mileage, that will help the auto manufacturers, help consumers and help our balance of trade.

Using the "D" Word -- And How to Duck It

Carl Pope | Posted 05.25.2011 | Green
Carl Pope

The auto industry thought it had ten more years of maintaining a share of the U.S. market with trucks and SUVs. It got caught napping. But it had never planned, once it woke up, to modernize its American manufacturing base.

It's An Automotive Revolution -- Take Back Our Businesses Now!

Steve Parker | Posted 05.25.2011 | Green
Steve Parker

Take a look at the health of a country's car manufacturers and it's usually closely related to the health of that nation in general. This theory certainly holds true for America, especially at this moment in time.

How Washington Failed The Auto Industry

Washington Independent | Mike Lillis | Posted 05.25.2011 | Business

In September of 1990, when a gallon of gas was $1.16, the Senate took up a measure that would have bumped the average fuel efficiency of new cars to 4...

Will The Next President Obliterate The Auto Industry?

Fortune | Alex Taylor III | Posted 05.25.2011 | Business

As the presidential primary season draws to a close, it is worthwhile to contemplate this: It is unusual for a single individual to hold the fate of ...

Toyota Steals Global Sales Crown From GM

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Toyota took the global sales lead from General Motors in the first quarter, capitalizing on growth in China and Europe as GM saw its N...