Motor Racing Reacts to Worldwide Recession
With car sales suffering worldwide, the marketing and advertising budgets, where many companies keep their racing dollars, are often the first budgets to be trimmed.
With car sales suffering worldwide, the marketing and advertising budgets, where many companies keep their racing dollars, are often the first budgets to be trimmed.
Steve Parker | Posted 01.13.2009 | Business
This post has the latest news on the billions in subsidies which off-shore transplant carmakers have received from state and local governments.
Steve Parker | Posted 01.12.2009 | Business
Late last night, Senate Republicans derailed a bill, passed the day before by the House, to loan $15 billion to the Detroit Three, with 10 Republicans joining 40 Democrats and two Independents in favor.
Steve Parker | Posted 01.10.2009 | Business
And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...
Mitchell Bard | Posted 01.10.2009 | Politics
You would think that winning the White House and overwhelming majorities in both houses of Congress would instill some backbone into Democrats on Capitol Hill. You would, of course, be wrong.
Michael B. Laskoff | Posted 01.09.2009 | Media
Unfortunately, most consumer advertisers are still communicating that we should party like its 2007. Today, watching such an ad not only discourages spending, it promotes depression.
Philip G. Baker | Posted 01.07.2009 | Business
I find it to be rare that cars from the Big Three excel in any way. They say they can't compete because it costs more to build a car that's encumbered with the extra costs of union wages and health benefits.
Steve Parker | Posted 01.02.2009 | Business
Now that they have our attention, the Detroit Three, in plans submitted to Congress Tuesday, increased their appeals for federal loans from $25 billion to $34 billion.
Steve Parker | Posted 12.30.2008 | Business
How anxious are the Detroit Three carmakers to make sales? My wife and I were at the Los Angeles Auto Show last night, "Black Friday," at the Los Ang...
Leo W. Gerard | Posted 12.26.2008 | Business
Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.
Andrew Winston | Posted 12.21.2008 | Business
We're seeing an amazing act of willful ignorance here. The predicament that Detroit has found itself in is an American business tragedy. Let's not make it worse by lying to ourselves.
Huffington Post | Johanna Smith | Posted 12.20.2008 | Green
Surprise: the most eco-friendly car sold in America isn't the Toyota Prius. It's the Honda Civic GX, which runs on compressed natural gas, according t...
Diane Tucker | Posted 12.19.2008 | Business
"People who say the U.S. doesn't innovate are woefully out of touch with Detroit's standing in this business."
Steve Parker | Posted 12.18.2008 | Business
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.
Matthew DeBord | Posted 12.11.2008 | Green
Assuming a federal bailout, it makes sense that, over the next few years, American carmakers will be re-engaging with the small-car market.
Steve Parker | Posted 12.04.2008 | Business
Obama has consistently shown his support for an American car-making industry, a modern and green industry able to build the kinds of cars and trucks people will want to buy.
Steve Parker | Posted 12.03.2008 | Entertainment
Lewis Hamilton, 23 and the first Black driver in the history of Grand Prix racing, won the World Driving Championship on Sunday, the most coveted title in all of motorsports.
Steve Parker | Posted 11.08.2008 | Green
Cleaning-up the air is always in everyone's best interest, and one big way to make an impact on air quality is for a community or city (or nation) to ...
New York Times | JERRY GARRETT | Posted 11.02.2008 | Business
Honda issued its challenge to the Toyota Prius on Thursday, introducing the Insight hybrid at the Paris Motor Show. "Honda is committed to taking a l...
Steve Parker | Posted 11.02.2008 | Business
They say "start out bad news with a joke," so: In Peter Gent's "North Dallas Forty," a football coach is talking with the team owner's son about his f...
Autopia | Posted 11.01.2008 | Green
Honda hopes to aggressively compete with the Toyota Prius by unveiling its own affordable hybrid car that will hit markets in the relatively new futur...
New York Times | Jad Mouawad | Posted 10.25.2008 | Green
ON a strip of Santa Monica Boulevard in Los Angeles, a futuristic experiment posing as an ordinary fuel station may be bringing the world one step clo...
Steve Parker | Posted 10.18.2008 | Green
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...
New York Times | Richard S. Chang | Posted 10.12.2008 | Business
Next year Honda and Toyota will go head-to-head with new flagship gas-electric hybrid cars. We all know what to expect from Toyota; its Prius is the b...
Steve Parker | Posted 09.12.2008 | Green
Sometimes, it's the incongruities, not the new models, which make the auto industry so interesting.
Steve Parker | Posted 01.14.2009 | Business