DETROIT - The story broke Friday morning that the treasury department turned away General Motors on its widely reported, not very substantiated deal to buy Chrysler with $10 billion in federal bailout money. (I write “buy…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - General Motors’ rumored purchase of Chrysler from Cerberus would be better than the alternative, says Grant Thornton LLP’s Corporate Advisory and Restructuring Group. And it will likely be announced before…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - Biggest news is the title. Cadillac General Manager Jim Taylor has been named chief executive officer of the Hummer brand. There has never been, as far as I can tell, a CEO position for a GM division since Chevy…
Original post by info.rss@cro.consumer.org (Consumer Reports)
MAASTRICHT, THE NETHERLANDS - U.S. car and truck sales took another hit last month. Ford plans to cut production by 50,000 units in the fourth quarter and says the total market will be on the low end of its earlier 14-…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - He’s 63, just two years short of the traditional retirement age, but only a couple years older than Chrysler president Jim Press. Chrysler design chief Trevor Creed’s credits, according to chairman Bob Nardelli,…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - He’s 63, just two years short of the traditional retirement age, but only a couple years older than Chrysler president Jim Press. Chrysler design chief Trevor Creed’s credits, according to chairman Bob Nardelli,…
Original post by info.rss@cro.consumer.org (Consumer Reports)
When you finally move into your dream home, most people throw a house-warming party. When Nissan recently finished its new Tennessee headquarters in Franklin, about 20 minutes outside of Nashville, it threw a huge…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - How will General Motors make it to 2010? That’s the magic year for GM (Ford Motor Company, too), when benefits from last fall’s United Auto Workers contract start paying off, and when it can show a tangible shift…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - How will General Motors make it to 2010? That’s the magic year for GM (Ford Motor Company, too), when benefits from last fall’s United Auto Workers contract start paying off and when it can show a tangible shift…
Original post by info.rss@cro.consumer.org (Consumer Reports)
DETROIT - Spy shooter Brenda Priddy has photos of the all-new 2010 Ford Taurus . I don’t think she’ll catch any of the 2010 Mercury Sable. With Ford Motor Company struggling to redefine Mercury in its ever-thinning brand…
Original post by info.rss@cro.consumer.org (Consumer Reports)
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