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By
High Gear Media Staff,
French manufacturer Renault isn’t short of small cars for the European market. There’s the recently announced Twingo, Clio, Clio Campus, and Modus, none of which is more than 157.5 inches long. And now it’s...
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By
High Gear Media Staff,
Chrysler Group reported today that George Murphy, its senior vice president of global brand marketing, will leave the company by Thursday. The resignation of Murphy, 51, marks the first major departure from the...
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By
High Gear Media Staff,
DaimlerChrysler AG’s top executive confirmed Wednesday that the automaker has discussed the sale of the Chrysler Group with "interested parties." "I can confirm that we are talking with some of the potential...
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By
High Gear Media Staff,
While healthcare liabilities continued to get a lot of attention in General Motors’ massive new filing with the Securities Exchange Commission (SEC), the new 10K paperwork also offers a glimpse into the pressures...
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By
High Gear Media Staff,
Christie’s will leave unsold the 1939 Auto Union D-Type that had recently been set out for auction, then revoked, then put up again for silent auction. CNNMoney.com reports that the sealed bids for the car failed...
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By
High Gear Media Staff,
Hyundai says the new large crossover coming to its product portfolio this year will wear a pricetag starting at $26,995. The Veracruz, Hyundai adds, will be larger than suggested rivals like the Lexus RX350, while...
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By
High Gear Media Staff,
Here’s a twist you’ll never see on The Apprentice. Despite losing $10.7 billion in 2006, Ford Motor Co.’s board of directors will pay bonuses to all of its employees. Alan Mulally, Ford’s chief executive...
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By
Marty Padgett, Editorial Director
No matter how the question was posed, General Motors CEO Rick Wagoner had the same answer: “No comment,” on widely-reported talks with DaimlerChrysler AG ostensibly to discuss the possibility of buying the...