Industry

'Chevy Runs Deep' Runs Out Of Steam
'Chevy Runs Deep' Runs Out Of Steam

Over the years, Chevy has had some memorable marketing slogans. “Baseball, hot dogs, apple pie and Chevrolet,” for example, conjured up symbolic images of American life, while “like a rock” spoke to the durability of Chevy’s trucks. “Chevy runs deep,” its...Read More»

2011 Suzuki Kizashi SLS. © 2011 Anne Proffit
VW, Suzuki Alliance Hits The Skids

The estranged partnership between Volkswagen and Suzuki has hit the skids, as Suzuki is now asking Volkswagen to sell its stake in the company, and has promised to sell its own small percentage of the German auto giant. In 2009, VW purchased a 19.9-percent, $2.9-billion stake in Suzuki, in the...Read More»

2011 Saab 9-4X
Swedish Court Denies Bankruptcy Protection For Saab

Swedish Automaker Saab has been denied bankruptcy protection by a district court in southern Sweden. The decision opens the door for both labor unions and creditors to proceed with bankruptcy filings against the automaker. The Vanersborg District Court denied Saab's filing for creditor protection...Read More»

2011 Chevrolet Corvette Engine Build Experience
GM Insists The Small Block V-8 Is Here To Stay

With automakers focused on hitting fuel economy standards for 2015 and beyond, it seems like the days of the small-block V-8 are surely numbered. After all, most automakers are downsizing engines and introducing hybrids and electric vehicles at an astounding rate; could it be that the storied...Read More»

2011 Nissan Quest
August 2011 Car Sales: Another Small, Disappointing Rebound

With the numbers rolling in from major automakers today, it's difficult to not see progress in August 2011's car sales figures versus those posted in July--but still, the overall trend is slow, slow, slow. According to market analysts at J.D. Power, the seasonally adjusted seling rate (SAAR) for...Read More»

2011 Saab 9-5
Saab Posts Significant First Half Loss, Seeks Loan To Avoid Bankruptcy

Saab’s financials from the first six months of 2011 are in, and the numbers aren’t good. Swedish Automobile (Swan), parent to both Saab and Spyker, has reported a loss of $288 million in the first half, with a loss of $175 million occurring in the second quarter alone. Sales for the...Read More»

2009 Saab 9-5 SportKombi
Saab To File For Court Protection From Creditors, Unions: Report

Saab's logo may be the mythical griffin, but a nine-lived cat might have been more appropriate. The struggling Swedish automaker has already twice cheated death at the hands of its parent General Motors, but its ninth life may now be hanging by a thread (to mix a metaphor or two). According to...Read More»

2011 Volvo S60 Performance Project
Volvo Announces New ‘Designed Around You’ Brand Strategy

For decades Volvo has peddled its cars with an emphasis on their safety prowess, a reputation that still stands today, albeit somewhat diluted thanks to the introduction of 300 horsepower sports sedans like the S60 R-Design. However, thanks to strict regulations and increased consumer awareness...Read More»

Philip Levine
Former Auto Plant Worker Is New U.S. Poet Laureate

“Poetic” is certainly not the first word that comes to mind when trying to describe what it’s like to work in an automotive plant. And that makes the naming of Motor City native and former Ford factory worker Philip Levine as the new U.S. Poet Laureate all the more intriguing...Read More»

Sergio Marchionne
Chrysler And Fiat Move Closer To Merger: Report

It’s been a whirlwind romance for both Chrysler and Fiat. Just two years ago the pair weren't even dating, and now comes word that their marriage is imminent. The Detroit News is reporting that upcoming management changes, expected to be announced next week, will streamline the merger of...Read More»

2011 Saab 9-5 Aero
Saab Gets Green Light For Property Sale, Sets Production Start Date

Things are looking better and better for Saab these days. After months of the Swedish automaker teetering on the brink of bankruptcy, this week has them announcing three new models and getting the green light on a previously announced sale of real estate holdings. Swedish Automobile NV has received...Read More»

2011 Volkswagen Tiguan facelift rendering
June Car Sales: Big Three, Korea's Big Two Score Big

New-vehicle sales numbers for June are nearly complete, and for the Detroit-based automakers--and the Korean dynamic duo--it's almost all good news. With annualized sales coming in at about 12 million units, well below May's results, the sales month didn't finish as strongly as expected. However...Read More»

2011 Saab 9-5
Saab Sells Property, Raises Additional $40 Million

This is shaping up to be a good week for automaker Saab and parent Swedish Automobile. Just yesterday we told you about a mysterious Chinese firm which paid cash in advance for some 582 vehicles, worth approximately $18.4 million. That was enough capital for Saab to meet payroll, but it...Read More»

2011 Saab 9-5
Saab Can't Pay Its Employees: Is The End Near?

Saab's troubles since leaving the General Motors fold for Dutch ownership and Russian banker courtship have been many. Production halts, inability to pay its suppliers, and now, inability to pay its employees--the list is growing more and more desperate, and the company is too. This could be the...Read More»

2010 Mazda Mazda6
Mazda 6, Ford Mustang Plant Is Final Custody Issue In A Relatively Quiet Corporate Divorce

Ford built an automotive plant at Flat Rock, Michigan, in 1972; back then, the facility was the most advanced casting plant in the world. Labor troubles and decreasing demand for V-8 engines led Ford to shutter the plant in 1981, and the facility sat vacant for several years. Fast forward to 1987...Read More»

Chrysler and Fiat logos
Fiat Ten Days Away From Majority Stake In Chrysler

By June 6, Fiat will own a controlling stake in American automaker Chrysler. The Wall Street Journal reports that Fiat will exercise an option in its contract to invest in Chrysler, to buy a 6-percent stake held by the U.S. Treasury. The purchase, to be executed within 10 days, eventually will...Read More»

Newt Gingrich
GOP To Detroit: We're Still Not That Into You

The 2012 Presidential campaign has already started, and yes, it looks like the bailout of the auto industry could end up being one of many points of debate. Chrysler's earlier-than-expected repayment of $7.5 billion in federal loans—on top of a recent strong financial performance from GM...Read More»

2012 Audi A6 Avant
How to Get from ‘B’ To ‘A’? Ask Audi

Having had a relatively low stress day, I decided to ruin it by intentionally engaging in what I like to call “anger gardening.” It involves weeding my backyard, which according to some has become an unintentional exercise in biodiversity run amok. There are more types of weeds and...Read More»

Porsche track design
Porsche Gets New Atlanta HQ With Test Track, ATL As Neighbor

Porsche will spend between $80 million and $100 million to relocate its headquarters from the Atlanta suburbs to a new complex inside the city limits, company officials confirmed this morning. The new facility, including a test track for shoppers to play with its high-dollar sportscars, sedans and...Read More»

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