big 3

Matthias Wissmann, current head of the Verband Deutscher Automobilhersteller (VDA, or Association of the German Automotive Industry for us non-German speaking folks), is none too pleased with the passing of a $25 billion financing package for the Detroit automakers. Under the terms of the ...

The U.S. House of Representatives passed a bill this afternoon approving a $25 billion low-interest loan for domestic automakers. The bill passed with an overwhelming majority – 370 to 58 – and is on its way to the Senate for a vote on Friday before the White House gets the opportunity ...

Showing great discipline amid declining sales, the Detroit 3 have held back on the temptation to dump vehicles on fleet customers in order to boost numbers. As we reported last month, selling vehicles to corporate fleets and daily rental companies has been a long-practiced method to offload ...

Just less than a year ago, the Big 3 domestic automakers' combined market share dropped to less than 50-percent of the overall automobile market. That sobering statistic was made factual when the combined sales of vehicles from both Asian countries, such as Japan and Korea, were combined with sales ...

Until Detroit automakers signed landmark deals with the UAW that shifted retiree health care costs to the union, it was cheaper to make vehicles in Canada. Government health care saved automakers about $6 per work hour, a savings of over $12,000 a year per worker. Since Ontario produces more ...

Assembly workers at Toyota's Georgetown, Kentucky plant make about $25 per hour, they build the best-selling non-truck in North America, and a lot of workers still aren't happy. UAW members that are hurt on the job get paid 100% of their wage until they're well again, but at a Toyota plant, you ...

When sales slow, the old business adage dictates that you either cut expenses or raise rates. For the two big boys left in Detroit and the soon-to-be, if not already, sold off Chrysler corp, the latter seems to be the only viable option.A recent sales droop is causing all three automakers to ...

Most people looking to purchase a Toyota or Nissan just don't care about the value of the Yen vs. the Dollar. It just isn't relevant. For automakers here and in Europe, however, it's a very big deal. The Auto Trade Policy Council estimates a Japanese auto manufacturer advantage of $9,000 on ...

Toyotas don't always have the best looks or the best horsepower or the best driving characteristics, but customers seem to want the company's products the most anyway. They're winning share from other automakers and they're winning on the profit sheet. It's got to be fun right now being Toyota. ...

UPDATE: Thanks to Autoblog reader Steve M., you can watch the ABC News Towh Hall Meeting, all 45 minutes of it, after the jump. Please watch, if only to see the contorted facial expressions of our esteemed colleague at Jalopnik, Ray Wert III, who nabbed a seat in the front row. Anybody that's been ...