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Main > Car Makers News > Other > Agent 00J Drinks A Little Too Much And Looks Back At What Made Him The Car Enthusiast He Is Today Each year we throw a big Christmas Party and invite all our friends and families to join us as we get ready for the Holiday Season. The Holidays have always been a big ordeal in our family, and with our party this evening, the impact grows bigger watching as my son starts to take it all in and watch the festivities develop before his eyes.It is fascinating watching my son grow up, and seeing his interests develop. We can’t walk through a parking lot without him seeing either a BMW or... Full article... Article added: 2008-12-08 06:19:37 Article Views Rating: 72 Main > Car Makers News > Other > Commentary: Auto dealer waits for the posturing to finally end | The Detroit News | detnews.com Dan Frost owns three American cars and five American dealerships and a dwindling supply of patience. He's tired of posturing legislators in Washington. Tired of the UAW getting punched around by people with no sense of history. Tired of his neighbors in West Bloomfield Township lying to themselves about how perfect their foreign cars are. Really, really tired of General Motors CEO Rick Wagoner. Also, he'd like to sell more automobiles. But that won't happen until everyone is through posturing. And if GM... Full article... Article added: 2008-12-08 06:19:20 Article Views Rating: 74 Main > Car Makers News > Other > Commentary: Auto dealer waits for the posturing to finally end | The Detroit News | detnews.com Dan Frost owns three American cars and five American dealerships and a dwindling supply of patience. He's tired of posturing legislators in Washington. Tired of the UAW getting punched around by people with no sense of history. Tired of his neighbors in West Bloomfield Township lying to themselves about how perfect their foreign cars are. Really, really tired of General Motors CEO Rick Wagoner. Also, he'd like to sell more automobiles. But that won't happen until everyone is through posturing. And if GM... Full article... Article added: 2008-12-08 06:19:14 Article Views Rating: 74 Main > Car Makers News > GM > GM Sales Out Does Them All In A Bad Way: Sales Implode 41.3% In November General Motors dealers in the United States delivered 154,877 vehicles in November, down 41 percent compared with a year ago. GM car sales of 58,786 were off 44 percent and truck sales of 96,091 were down 39 percent. The steep decline in vehicle sales was largely due to a significant drop in the market's retail demand compared with last year, and continuing economic uncertainty that has negatively impacted consumer confidence. "In November we saw the continuation of the dramatic decline in volume... Full article... Article added: 2008-12-03 07:00:18 Article Views Rating: 163 Main > Car Makers News > GM > GM Says It Will Sacrific SAAB, Saturn, Hummer, And Hobble Pontiac For Federal Funds General Motors Corp. today submitted a plan to use Federal bridge loans to create a leaner, more competitive company, one that is profitable and self-sustaining for the long term.[source] Full article... Article added: 2008-12-03 07:00:17 Article Views Rating: 134 Main > Car Makers News > GM > GM asks Congress to kickstart its heart with ambitious plan General Motors has just revealed the plan it has submitted to Congress today, and the details show just how far the largest U.S. automaker is willing to go in order to secure bridge loans from the federal government. The plan includes selling Saab, possibly killing Saturn and scaling back Pontiac, as well as reducing dealers and shedding more workers, among other things. Here's the breakdown... Focus on "core brands": Chevrolet, Buick, GMC and Cadillac Launch predominately high mileage, energy-efficient... Full article... Article added: 2008-12-03 07:00:11 Article Views Rating: 169 Main > Car Makers News > GM > GM: Needs $4B in December to stay afloat | The Detroit News | detnews.com DETROIT -- General Motors Corp. needs more money from Congress than it previously disclosed and needs it sooner or risks being unable to survive into next year. The dire revelations were contained in a restructuring plan GM submitted to Congress on Tuesday to support its request for up to $18 billion in federal aid -- $6 billion more than the company said it needed last month. GM had said it was in danger of falling below minimum levels of cash needed to pay bills in early 2009. Now, the company needs... Full article... Article added: 2008-12-03 07:00:08 Article Views Rating: 167 Main > Car Makers News > Other > Survival roadmap for the Big 3 | The Detroit News | detnews.com WASHINGTON -- Detroit's Big Three automakers made a desperate plea for a $34 billion emergency federal bailout Tuesday, as General Motors Corp. and Chrysler LLC warned they would collapse by the end of the year without immediate help. The automakers delivered new business plans to Congress written during the last 11 days that for the first time spelled out in great detail the problems they face and the painful steps they must take to survive and restore profits amid plunging auto sales and a bleak... Full article... Article added: 2008-12-03 07:00:07 Article Views Rating: 166 Main > Car Makers News > Other > Could The Detroit Recovery Plan Really As Simple As Merging In To One? So this is how it ends for Detroit? After more than a century of putting the world on wheels, the American auto industry collapses amid squabbling over clueless CEOs and their private jets? Not necessarily. There is another way forward: the Big Three could become the Big One. The notion of three powerful U.S. automakers is already an anachronism. These companies are husks of the mighty institutions that once ruled the road. Now they control less than half the U.S. auto market and will lose a combined... Full article... Article added: 2008-12-02 10:58:48 Article Views Rating: 90 Main > Car Makers News > Other > UAW mulls reopening contracts to aid Big 3 | The Detroit News | detnews.com WASHINGTON -- As Detroit's Big Three are poised to present their business plans to Congress today justifying quick approval of $25 billion in emergency loans, the United Auto Workers has called an emergency meeting in Detroit on Wednesday during which the union could consider reopening its 2007 contracts with the automakers. Union leaders representing workers at General Motors Corp., Ford Motor Co. and Chrysler LLC plants across the country have been called to Detroit for the session, according to... Full article... Article added: 2008-12-02 10:58:29 Article Views Rating: 133 |
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