Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974
The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.
The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.
Steve Parker | Posted 01.06.2009 | Business
We've had enough threats from our sworn enemies -- we don't need them from Detroit executives. These CEOs and their boards of directors must go, whether by car or jet or skateboard, they must go.
Steve Parker | Posted 12.23.2008 | Business
In a major win for all consumers, Democrats in the House of Representatives voted Thursday to put Rep. Henry Waxman of California in charge of a key p...
Steve Parker | Posted 11.29.2008 | Business
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.
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.
AP | DEE-ANN DURBIN | Posted 06.26.2008 | Business
DETROIT — The market for hybrid full-size sport utility vehicles may be small, but Chrysler LLC is determined to get a piece of it, saying Tuesd...
Steve Parker | Posted 02.03.2009 | Business