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Rumormill: GM slashing Pontiac G8 production by 97%
The Pontiac G8 has received mainly positive reviews since it first hit roads here in the U.S. last year. Unfortunately, what it hasn't gotten a lot of is actual sales. The usual combination of high gas prices in the first half of 2008 and the financial crisis in the second half has hit the G8 particularly hard. It looks like Pontiac will give the G8 almost the same treatment as it gave the Saturn Astra. While Saturn chose to skip the entire 2009 model year because of the high number of left-over '08 Astras they still had on hand, the 2009 ... Read more →
Mercedes offers buyouts to all Alabama workers Michael Harley
Nearly 4,000 employees of the Mercedes-Benz assembly plant in Vance, Alabama, are being offered buyouts in advance of another expected round of production cuts at the facility in January. The Vance ...
Nissan cuts profit forecast by 66%, will cut workforce Chris Shunk
The entire auto industry is hurting right now, and financial news from Nissan today is the latest evidence to support that overused statement. Nissan announced that it's shifting profit forecast for ...
Jaguar considering production cuts Chris Shunk
Auto sales are tough around the globe and production cuts are occurring on a regular basis. Jaguar is planning to slow production at its Castle Bromwich plant by the end of the month in response to ...
BMW to cut jobs and volume in the U.S. next year Chris Shunk
BMW has achieved sales increases in the US for 16 straight years, but that impressive streak is going to end in 2008. BMW USA CEO Jim O'Donnell has decided to stop shipment of 44,000 vehicles destined ...
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Breaking news:
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Chrysler following GM and Ford's lead - cutting NA production 2 years ago on Autoblog
The 2009 Dodge Ram can't come soon enough. Chrysler, along with GM and Ford, will be turning out the lights in its Warren Truck Assembly Plant for a few weeks as of this month. The Jefferson North Assembly and Windsor Assembly plants will also be shut down. The Warren plant that assembles the Dodge ...
Ford cutting production big time in 2007 3 years ago on Autoblog
A week ago, Ford posted a $5.8 billion loss due to sagging North American sales. To make things worse, CFO Don Leclair announced yesterday that Ford expects North American production for the first six months of 2007 to be down 8 to 12 percent from 2006 due to lower demand for its products and at ...
Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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