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  • Congress Calls on U.S. Auto Executives to Deliver Restructuring Plan

    Congress didn’t flinch this week when executives from Chrysler , Ford , and General Motors presented their case for federal aid. Instead, they lashed out over the use of corporate jets, and sent the suits packing. (GM has sinced moved to sell two corporate jets .) To make their message clear, as the...
    Posted to autoMedia Auto News Blog (Weblog) by admin on 11-22-2008
  • Threat of Big 3 Bankruptcy Risks Sales

    This was a wild, weird week in the automotive world, with the West Coast buzzing about the LA Auto Show, while execs from the Big 3 domestic automakers flew corporate jets to Washington, D.C. to plead their case for federal support. Between the coastal extremes, America faces tough, uncertain times....
    Posted to autoMedia Auto News Blog (Weblog) by admin on 11-22-2008
  • Brace for impact - Car sales plummet

    While the national attention has been focused on the roller coaster ride on Wall Street and bailout debates in Washington, the automotive industry has been reeling from the impact of the economy. The September sales figures are in, and the news is dire. Number watchers, and general domestic pessimists...
    Posted to autoMedia Auto News Blog (Weblog) by admin on 10-01-2008
  • Study: Fuel Prices Hurt New-Car Appeal

    Motorists are less delighted with their new vehicles this year, compared to 2007, based on J.D. Power and Associates’ 2008 Automotive Performance, Execution and Layout (APEAL) Study. The study, now in its 13th year, measures owner delight with the design, content, layout and performance of their new...
    Posted to autoMedia Auto News Blog (Weblog) by admin on 06-26-2008
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