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Last week, we told you how despite the downturn, Daimler is upping its investment in the state of Michigan, coming to terms with the city of Ann Arbor to build a new hybrid and electric R&D facility. Now, Automotive News is reporting that the automaker is expected to actually expand its Vance, Alabama production plant.
If there was ever an indicator that the tough automotive economy is taking effect on the industry that covers it, this is it. Crain Communications, publishers of Automotive News and all its various editions, has announced that it is canceling the print edition of its Euro-focused edition.
The last few weeks may have been some of the worst in GM's 100-year history. Sales have tanked, CEO Rick Wagoner faced a firing squad in Washington -- twice -- and a CNN poll showed that 61% of Americans didn't want the automakers to get federal loans. It appears Congress is on the verge of approving up to $18 billion dollars to keep GM and Chrysler in business, and the General is thankful for the chance to keep the lights on. GM crafted a letter expressing its gratitude, and published it in tod
Rick Wagoner may be Motor Trend's most powerful person of the year, but Ron Gettelfinger deserves significant props for what he achieved over the course of the last 365 days. Automotive News has named the president of the UAW its Person of the Year, which is a fitting choice considering that Gettelfinger somehow managed to broker a compromise between domestic automakers and his union workers
We know how annoying it must be for readers to see an interesting Automotive News link in one of our posts only to be stopped by the "subscription required" notation. It's irritating, we know. And at $155 a year, there probably aren't many Autoblog readers on their subscription list.
Automotive News has filed yet another report that insists DaimlerChrysler is in talks with General Motors about the latter purchasing the Chrysler Group. This time the trade pub claims that sources from Germany, where the rumor originated, and the United States have confirmed that GM is interested in picking up the struggling U.S. division of DCX. The New York Times has already confirmed from inside sou
Today, Toyota and Isuzu announced a collaboration which will be made possible by the former purchasing a 5.9 percent stake (100 million shares) in the latter. The two companies said in a public statement that the deal will allow them to work together in the research and development in three areas of green car technology. According to Derrick Y. Noh
Mitsubishi's annoucement of the "i MiEV" electric vehicle based on their "i" minicar has so far caused a bit of a stir. First, Automotive News reported that the car would be headed for the States. Then CNN said that the report was incorrect. Then, in a new Derrick Y. Noh
According to AutoWeek, Automotive News has reported that Ford will introduce North America's first light-duty diesel truck in either 2008 or 2009. The confirmation came from Ford's former vice-president of manufacturing for the Americas, Dave Szczupak,who retired last week.
Last Monday, Sam pointed us to an Automotive News article reporting that Mitsubishi president Osamu Masuko announced that the automaker would begin selling electric cars in the U.S. However, in a request for comment, CNNMoney.com received an email response from Mitsubishi spokesman Dan Irvin sayin