With sales data for April showing double-digit declines for General Motors, Ford and Chrysler, the outlook certainly looks bleak right now for the Big Three U.S. automakers.
With the largest collection of design studios backed by the world’s largest automobile manufacturers, Southern California has been seen as the undisputed hub of automobile design for decades. But your next Ford or Chrysler could be designed in Europe, or China.
A toddler ended up with only minor injuries after miraculously dropping through the open sunroof and landing in the passenger seat of the car that struck his grandmother. The grandmother is listed in critical condition, but is expected to make a complete recovery.
General Motors Corp. said Friday it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand.
Many years ago already, Honda showed an "LZE" car -- "less than zero emissions". When driving in Los Angeles, the car produced exhaust gas with less pollutants than there were in intake air! Manufacturers have decades of experience in fine-tuning internal combustion.
As everyone has probably heard by now, the American Auto Industry is in crisis mode, with millions of American jobs at risk, regardless of the cause of the meltdown.
Now this is news. Why have I never heard of this before?
Seventy-three dollars an hour.
As Detroit once again went begging for billions from Congress on Thursday, executives from the Big Three vowed to wash their hands of gas guzzlers and embrace a future of fuel efficiency.
General Motors has promised Congress that it can recreate itself as a different kind of car company — smaller, with a more cooperative relationship with its union, and a lineup of fuel-efficient cars to compete with the best of the foreign brands
BMW on Tuesday released fuel-economy and pricing details for its upcoming diesel versions of the 3-series and X5. The diesels will be shown at the Los Angeles auto show next week, ahead of their launch in the U.S. market.
Remember the 524td? It was the last diesel-powered car that BMW offered here in the U.S., and it was new about 20 years ago.
Canada's automakers will post huge losses for the third year in a row in 2008, according to a new report released Tuesday by the Conference Board of Canada.
Fellow Americans we must stop investing in roads, highways and parking lots. The automobile must go the way of the horse as an antiquated way of getting around. Find a better way now, before desperation forces us to do so.
I think that the automobile industry needs to come up with a strategy to get themselves out of the gutter. Like the article states, they can't expect for the government to just give them $25 billion when they are not taking any real initiative to change.
But you'd think the prospect of heading hat-in-hand to Washington would inspire a bit more, uh . . . humility. Instead, the Big Three gave taxpayers a valuable lesson in why a bailout might well be throwing good money after bad.
Excerpt: I hate to say it, but somebody has to: Satellite radio will come crashing down to Earth within the next two years. The newly merged Sirius XM Radio is already living on borrowed time -- and borrowed money -- and simply will not and cannot survive.
The Tesla dealership is quiet as a cage of sleeping panthers. A pack of the electric roadsters, in varying degrees of grey, are strewn across the show floor looking 120mph standing still.
Do you know how many hourly jobs GM has laid off from 2006 to July 2008? Take a guess. How about 34,000? And now, they're talking about another 5,500 layoffs.
In bankruptcy, a judge can modify a firm's labor contracts and debts. GM needs the benefits of bankruptcy without the uncertainties, but the political process — so far — disdains that desirable bargain.
It's called bankruptcy, and it should not be written off as unthinkable.
Tonight on Chris Matthews Jeb Hensarling, Republican Representative from Texas, said that we should let the auto industry fail and that we should take the money that would be given to them and give it to start up small businesses.
Toyota's stock nosedived 17 percent last week -- its greatest decline in 18 years -- after the company announced it will see an operating profit of just $6.9 billion, a 73.6 percent decline over last year.
SACRAMENTO, Nov. 4 (UPI) -- A California company says it's working on a flying car that would lift drivers above idling rush-hour traffic with the flick of a switch.
MADISON, Wis., Nov. 4 (UPI) -- A Wisconsin man who built a replica Lamborghini in his basement said he had to hire an excavator to dig the sports car out of his home.
KARLSRUHE, Germany, Nov. 4 (UPI) -- German engineers say they are developing a software program that will, for the first time, help several cars coordinate their movements to avoid an accident.
Regardless of whether you're voting for Obama or McCain, or what kind of car you drive, the important thing is that you start it up, drive it to the polls, and cast your vote.