GM To Begin Repaying Aid By Year-End
WASHINGTON — General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amou...
WASHINGTON — General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amou...
Steve Parker | Posted 10.10.2009 | Business
Somewhere, California Governor Arnold Schwarzenegger has tears in his eyes. His favorite vehicle, Hummer, has left the building. Its sale was announce...
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.
Leo W. Gerard | Posted 03.25.2009 | Business
Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.
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 12.30.2008 | 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...
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 12.25.2008 | Business
Here's some of what's happening, mostly with GM, in Europe and Asia, two markets outside the U.S. hit hardest by the slowing automobile 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.
Steve Parker | Posted 11.12.2008 | Business
Chrysler's CEO, Robert Nardelli, who has been running the company for just 14 months, fears the collapse of an "extremely fragile" auto industry amid ...
Steve Parker | Posted 10.27.2008 | Business
An observation, or two: Last week, General Motors rolled-out the latest version of their plug-in gas/electric hybrid Chevrolet Volt for the corporati...
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 07.23.2008 | Business
That the Detroit Three have to build cars and trucks which make sense now and in the future, and which Americans want to buy.
AP | KEN THOMAS | Posted 11.16.2009 | Business