What were the biggest automotive stories of 2011? There were certainly plenty to choose from. But the top story of the year is the resurgence of Chrysler.
DETROIT (AP) ā General Motors' U.S. sales fell 1.2 percent in May as it offered fewer deals to customers and it cut sales to rental car companies.
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DETROIT -- General Motors says it will invest $109 million in its Flint and Bay City, Michigan, operations, keeping or creating 96 jobs.
The investme...
DETROIT (AP, By Tom Kirshner) -- General Motors posted a $510 million profit in the fourth quarter and $4.7 billion for the year as it continued an im...
Companies that have earned enormous profits selling giant trucks and SUVs are in the process of re-branding themselves as responsible corporate citizens with an obligation to society.
While GM and Chrysler both remain on life support (and Ford has also been talking with the government about a credit line or loan), the car and truck business around the world is not doing much better than Detroit.
Even Bush doesn't want to go down in history as the man who oversaw the destruction of GM, Ford and Chrysler (I hope), and I'd guess Obama wishes he could install his own new team now and fire Paulson.
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.
Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.
This Monday, the new car and truck sales reports for the month of October will be announced, and are expected to be the worst in 25-or-more years.
T...
It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.
Opening in the shadow of the worst auto sales in the US in over 15 years, the biennial Paris Car Show begins welcoming the public this Saturday and ru...