What Really Happened? Penske Drops Saturn bid; GM Says Division Doomed
Roger Penske's failure will almost certainly result in Saturn's demise, and publicly, officially and finally ends the Roger Smith era at GM.
Roger Penske's failure will almost certainly result in Saturn's demise, and publicly, officially and finally ends the Roger Smith era at GM.
Steve Parker | Posted 07.15.2009 | Living
Peugeot broke Audi's five-year domination at the 24 hours of LeMans this weekend, winning the overall victory of the world's most important sports car race for the first time in 16 years.
Steve Parker | Posted 03.26.2009 | Business
In yet another sign of these perilous automotive times, GM has closed its High Performance Vehicle Operations unit.
Steve Parker | Posted 12.28.2008 | Business
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.
Steve Parker | Posted 12.10.2008 | Business
Many of the people and companies we saw at SEMA last week may very well be out of a job or out of business by next year's show.
Steve Parker | Posted 11.27.2008 | Business
The LA Auto Show is now officially the first big extravaganza on the national car calendar. It opens Friday, November 21st and runs through Sunday, November 30th at the LA Convention Center.
Steve Parker | Posted 11.18.2008 | Green
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.
Steve Parker | Posted 09.15.2008 | Green
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.
Steve Parker | Posted 08.09.2008 | Business
It should make headlines, but it won't. The news: the first major captive import vehicle-maker from China has opened its Oklahoma doors and started-up its assembly line.
Steve Parker | Posted 11.30.2009 | Business