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By
High Gear Media Staff,
One of China's top automakers expects to open an assembly plant in Mexico in the next three years. Officials from Grupo Elektra S.A. de C.V., a leading specialty retailer, consumer finance, and banking company in...
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By
High Gear Media Staff,
That ugly word “recession” is being heard in the land. On financial TV shows they talk of a coming recession all the time. The columnist Dan Dorfman says it will be worse than recession. If times are bad, we...
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By
TCC Team
GM has given the official “go” to one of the three Korean-made minicar prototypes it unveiled earlier this year. The Beat — along with similar Groove and Trax concepts — were initially unveiled at last...
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By
High Gear Media Staff,
Ford plans to take aggressive steps to create “safer, more fuel-efficient, quality products,” declared the embattled automaker’s CEO, Alan Mulally, during his keynote address at this year’s Los Angeles auto...
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By
High Gear Media Staff,
Members of the United Auto Workers have ratified the last of three labor contracts that include a dramatic reduction in wages for new employees of General Motors, Ford, and Chrysler, and shifts the burden for...
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By
High Gear Media Staff,
Trust is probably the single most important factor in any relationship. I thought about trust as Gary White, GM Vice President and vehicle line executive for full-size trucks, told a group of journalists that it...
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By
High Gear Media Staff,
Ford Motor Co. has decided not to sell Volvo after all. Alan Mulally, Ford chief executive officer, told reporters and analysts Thursday that Volvo is no longer for sale. Instead Ford now plans to concentrate on...
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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...