Skip to main content

detroit 3

  • 0
    Report: Detroit automakers pledge $2B investment after Michigan passes tax incentives
    1288269000

    The Michigan Economic Growth Authority has approved a series of tax incentives for Ford and Chrysler and expanded previously approved incentives for General Motors. Between a tax break engineered to help GM build a 900-job electric-vehicle battery facility in Warren and another to keep 4,000 people ...

  • 0
    Let's Make a Deal: Automakers reportedly reach agreement with lawmakers on carbon cap legislation
    1242331080

    Now that the U.S. has officially concluded that greenhouse gasses are harmful to human health, it's time to do something about them. One major hurdle standing in the way of the U.S. implementing carbon cap and trade legislation appears to have been cleared as both the domestic automakers and ...

  • 0
    Survey: Ford's image gets a boost by nixing federal aid
    1241218920

    In what has to be one of the least surprising developments related to the auto industry, a newly-released survey finds that Americans' favorable view of Ford Motor Company has increased substantially since it became the sole member of the Detroit Three to abstain from taking federal funds. Before ...

  • 0
    REPORT: Unsigned waivers to blame for Chrysler Financial rejection of gov't cash
    1240328400

    Over the past two days, we've told you what we've heard about the latest short-term federal aid coming to Chrysler and GM. According to the latest reports, it will be $5B to the latter and $500M to the former. We also mentioned it had been reported that Chrysler Financial had inexplicably turned ...

  • 0
    REPORT: GM to get $5B, Chrysler $500M from gov't
    1240322340

    Is General Motors about to get an additional $5 billlion from the Feds? Will Chrysler be getting another $500 million? The Detroit News seems to think so. Citing Obama Administration sources and a leaked 250-page government report, they say that those figures are accurate. The money will reportedly ...

  • 0
    REPORT: German automakers could join others in skipping Tokyo Motor Show
    1237827480

    Although Volvo has already said that it would not participate in this October's Tokyo Motor Show, the Swedish automaker's German contemporaries are reportedly dragging their feet on similar public announcements in an effort to not be the first from their country to do so. According to a brief ...

  • 0
    Big Three Sitting on $10 Billion Goldmine - Autoline on Autoblog with John McElroy
    1236979740

    There's no question that the Detroit-based auto industry needs a lot of help. There's a 100-year history of how it got into the problems it's in, and some of those problems are beyond management's control. But there is one area where General Motors, Ford and Chrysler have total, complete ...

  • 0
    Who is on the Presidential Task Force on the Auto Industry... and what do they drive?
    1235421360

    Between the flow of bailout bucks and the economic turmoil threatening to topple the Detroit 3, you'd figure the investigative efforts of the Detroit News would be better spent digging through the viability plans of Chrysler and General Motors, delving into the minutia that could make or break the ...

  • 0
    Automakers limiting options to reduce costs
    1234827240

    With sales at a 26-year low, the Detroit 3 are trying almost anything to reduce costs and make more money from the cars they are selling. One of the biggest changes coming apes what some of the more successful Japanese makers have done all along: offering fewer configurations of their models. If ...

  • 0
    REPORT: Obama dropping "car czar" in favor of task force
    1234789080

    While there have been rumors and suggested candidates floated for the so-called federal "car czar" post, it now no longer looks like that position will be filled. That's because President Barack Obama has apparently gone cold on the idea. Instead, new reports suggest that he will look to a select ...

  • 0
    REPORT: Dealers say bailout hasn't made for more GMAC loans
    1232454480

    Show me the money. With apologies to Cuba Gooding Jr., that is exactly what many General Motors dealers are saying to GMAC Financial Services. Despite being given $5 billion from the U.S. Government last month, GMAC apparently hasn't loosened its purse strings enough for dealers' likings. Some, in ...

  • 0
    Volvo joins Detroit 3, skips out of Tokyo Motor Show
    1232231520

    The 2009 Tokyo Motor Show is going to have to make do without another automaker, as Volvo has decided to save money by skipping the exhibition. Volvo's move comes after all three Detroit automakers decided to skip the event, which is held every other year. Volvo, like the Detroit automakers, ...

  • 0
    Dave Barry sums up 2008, Detroit 3 included
    1230499980

    2008 is at an end, and while the editorial pages of some newspapers spend the final days of December focusing on ways to further burden taxpayers and foment interstate hostility, the Washington Post Magazine has, thankfully, handed several pages over to Dave Barry who, as usual, makes the events of ...

  • 0
    BREAKING: Bush greenlights $17.4 billion Auto Rescue/Bailout package
    1229697120

    President George W. Bush will doubtlessly be remembered for many things things, but his parting legacy may yet be his eleventh-hour pledge of $17.4 billion in low-interest loans to General Motors and Chrysler (Ford Motor Company has said it does not require relief at this time).The funding will ...

  • 0
    Oil may hit $35/barrel in wake of auto bailout bust
    1229126280

    With the U.S. Senate denying the Detroit 3 relief plan, it looks like oil prices might continue to tumble. Our sibling site BloggingStocks is predicting barrel prices might drop as low as $35 as a result. This comes on the heels of predictions of higher prices in the near future.It had been thought ...

  • 0
    Detroit and Our National Defense - Autoline on Autoblog with John McElroy
    1229112000

    In all this debate about whether we should provide the Big Three with a bridge loan, not enough attention has been devoted to their impact on our national defense. I'd hate to see this country ever get involved in a total global war again, but I especially shudder to think it might happen without ...

  • 0
    GM has spent $750 million developing the Volt
    1228949880

    Click above for high-res gallery of the 2010 Chevy Volt
    Although they're a big part of the Congressional pitch to get some federal funds, green cars aren't going to make the Detroit 3 profitable on their own any time soon. Take the Chevrolet Volt for example. When GM CEO Rick Wagoner testified ...

  • 0
    Detroit 3 seeking $6.8 billion from Canadian government
    1228759140

    What to do when you wanted $34 billion and Congress only gave you $15 billion? Try again, but this time go North young man. The Detroit 3 are now making a pitch to the Canadian legislature seeking an additional $6.8 billion from Canada where nearly 100,000 workers are employed in factories and ...

  • 0
    One down, one to go: Detroit 3 CEOs begin House testimony
    1228492140

    Having watched each of the Detroit 3 CEOs take tough questions from the Senate Banking Committee for six hours yesterday, we've returned to the couch today to watch General Motors CEO Rick Wagoner, Ford CEO Alan Mulally, Chrysler CEO Bob Nardelli and Ron Gettelfinger, President of the United Auto ...

  • 0
    OPINION: Stop arm-chair quarterbacking the auto industry
    1228249800

    We'll be hearing more about the Detroit 3 in the mainstream media this week as their homework entitled "What I Would Do With My Share of $25 Billion in Government Loans" gets turned in to Congress. While Detroit deserves much of the ribbing that's on the way, it irks our ears every time we read an ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle