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By
High Gear Media Staff,
How quickly things can change. Little more than a year ago, the mood was one of gloom and doom at General Motors headquarters, along theDetroit River. Sales and share were plunging, losses were mounting, and its...
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By
High Gear Media Staff,
Ford Motor Co. and Chrysler LLC continued to drop in sales during the month of October while General Motors and foreign nameplates posted modest gains, despite signs of a softening market overall. On an adjusted...
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By
High Gear Media Staff,
The United Auto Workers’ new contract with Chrysler LLC is facing serious challenges as opposition to the contract among union members mounts. The vote is now officially considered "too close to call," union...
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By
High Gear Media Staff,
On the eve of the Tokyo Motor Show, American automakers are again leaning on theU.S. government to get the Japanese to boost the value of the yen. The yen has been appreciating gradually since the first signs last...
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By
High Gear Media Staff,
The Chrysler-Daimler divorce is now official, ending an experiment in transatlantic merger that is bound to stand for years to come as a cautionary tale for any company contemplating a corporate marriage across...
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By
High Gear Media Staff,
New York mayor Michael Bloomberg says taxicabs in his boroughs will have to meet new mileage and emissions requirements by next year — and will have to switch to hybrid power within five years. The Associated...
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By
High Gear Media Staff,
by Ken Zino Volvo is calling the new C30 "A Product of Free Will," since it has the Swedish maker’s most extensive list of exterior and interior colors, stand-alone options, and numerous special-order or...
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By
High Gear Media Staff,
Kirk Kerkorian continued his sell-off of General Motors Corp. stock Thursday as the auto giant completed the sale of a 51-percent interest in GMAC to a consortium led by Cerberus FIM Investors. The deal, which GM...