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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: auto industry

auto industry stories: 497 news summaries

381 - 400 of 497 Stories | << Prev 1 ... 16 17 18 19 20 21 22 23 24 25 Next >>

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GM Will Cut Salaried Jobs, Benefits to Survive Slump

Company aims to cut costs to boost liquidity, cope with lower sales

Jul 15, 08 9:42 AM CDT
(Newser) - General Motors will cut salaried jobs, accelerate factory closings, and eliminate health care coverage for many salaried retirees in order to raise $15 billion to survive the industry's deep downturn, the Wall Street Journal reports. GM will also suspend dividends, sell some assets, lower capital spending, and cut production of... More »

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General Motors • SUV • US economy • auto industry • job cuts • downturn

GM to Announce New Round
of Major Cuts

$4 gas threatens workforce, car and
truck production

Jul 15, 08 2:37 AM CDT
(Newser) - General Motors is expected to announce another big round of cost-cutting measures today, Bloomberg reports. Insiders say the ailing automaker, hit hard as consumers leave gas-guzzlers standing in car lots, is likely to slash thousands of jobs and reduce production of trucks and SUVs for the second time in two... More »

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General Motors • auto industry • job cuts • vehicle • Rick Wagoner • Hummer

OPINION

Keep the Hummer:
Save America's Soul

Yes, it's obnoxious; that's why we need it

Jul 12, 08 2:00 PM CDT
(Newser) - Sure, the Hummer is more of a "cartoon" than a vehicle, a ridiculously over-the-top gas-guzzling monstrosity. But the unbridled optimism it takes to manufacture it—and to fill up the tank—is what makes it uniquely American, writes Matthew DeBord in the Washington Post. If GM axes it,... More »

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General Motors • America • SUV • auto industry • hybrid car • optimism • Hummer • American

Against the Odds, Maserati Sales Jump

12-MPG, $115K sports car sees 20% US growth so far in '08

Jul 10, 08 5:40 PM CDT
(Newser) - Buoyed by wealthy, middle-aged men who can afford to defy high gas prices and a plummeting economy, sales of Maserati luxury cars are up in the US this year, Bloomberg reports. Common brands like Lexus and BMW have seen sales fall, but the very rich don't skimp when they see... More »

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Lexus • luxury car • gas prices • auto industry • BMW • economy • conspicuous consumption • Maserati

 Toyota Will Make Prius in US 

Swap at SUV plant shows how fast industry is adjusting to fuel costs, demand

Jul 10, 08 5:00 PM CDT
(Newser) - Toyota plans to start producing its super-popular Prius hybrid in the US, Wired reports. With inventories overwhelmed by demand, the firm will move production lines to a Mississippi plant intended to produce SUVs. The factory won’t make its first Prius until 2010, but with no sign of abating gas... More »

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fuel efficiency • Toyota Prius • SUV • factory • Prius • auto industry • Japanese auto industry • cars

OPINION

Pensions, Benefits Have GM Stalled

Automaker hamstrung by 1950s promises to unions—maybe fatally

Jul 10, 08 9:28 AM CDT
(Newser) - General Motors is suffering as oil prices surge and consumer spending wanes, Roger Lowenstein writes in the New York Times. But the biggest, and perhaps fatal, culprit of its recent troubles—with stock prices near a 50-year low—are the generous health care and pension benefits it agreed to lavish... More »

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United Auto Workers • pensions • General Motors • auto industry • auto sales • Walter Reuther

PRODUCT REVIEW

 Fiat 500:
 Mini Package,
 Max Charisma 

A sexy and economical European delight that's fun to drive and cheap to operate

Jul 9, 08 11:59 AM CDT
(Newser) - Add adorable to 40-plus miles per gallon and you get the Fiat 500, an Italian compact that, despite taking a while to go from 0 to 60, brings a new sweetness to the term eye candy, Dan Neil writes in the Los Angeles Times: "It's fun to look at,... More »

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Europe • gas prices • auto industry • Fiat • gas mileage

 GM May Cut More
 Jobs, Brands 

Only Cadillac, Chevy deemed safe as automaker struggles to return to profitability

Jul 7, 08 9:01 AM CDT
(Newser) - GM is considering slashing thousands of white collar jobs, while simultaneously selling off or discontinuing even more brands, the Wall Street Journal reports, in a furious attempt to return to profitability. For years GM has resisted shrinking its large stable of brands, even as rivals Ford and Chrysler committed to... More »

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layoffs • General Motors • Chevrolet • auto industry • Big Three • Cadillac • Hummer

 Prius Shortage Hurts Toyota 

11.5% June drop in US sales blamed on low inventory of popular small models

Jul 2, 08 4:53 PM CDT
(Newser) - Popularity is proving quite the pickle for Toyota: Dwindling supplies of hot sellers like its hybrid Prius fueled the 11.5% drop in US sales last month, Reuters reports. With a waiting list 6 months long, Prius sales fell 26%—even as rival Honda bumped its sales 13.8% thanks... More »

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Toyota • Honda • Toyota Prius • auto industry • hybrid car • auto sales

OPINION

 Volt Could Spark GM Bailout 

Electric car may be speedy route to green image—and help

Jul 2, 08 8:32 AM CDT
(Newser) - GM is about as likely to turn a profit with the Chevy Volt as the Edsel is to make a comeback, Holman W. Jenkins Jr. writes in the Wall Street Journal. But the ailing automaker may be aiming to improve its image rather than sell cars. With the automaker's image... More »

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General Motors • automaker • electric cars • auto industry • Rick Wagoner • Chevrolet Volt

 What's Hot? Some Guzzlers
 Among the Sippers 

Sales of hulking vehicles held up by rich, families

Jun 25, 08 10:03 AM CDT
(Newser) - Soaring gas prices have predictably driven sales of gas-sipping vehicles such as Honda’s Fit and Toyota’s Scion xB, which have seen increases of 64% and 59% respectively, reports the Wall Street Journal. But guzzlers such as Toyota's Sequoia and Tundra are also selling surprisingly well (29% and... More »

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fuel economy • gas prices • auto industry • auto sales • Japanese auto industry

White House Ignored EPA Pollutants Email

Bush & Co. refused to open report mandated by Supreme Court

Jun 25, 08 9:34 AM CDT
(Newser) - The White House didn’t like the findings in a Supreme Court-mandated report on pollutants from the EPA—so it simply refused to open the email, the New York Times reports. Instead, the administration has successfully pressured the agency into releasing a watered-down, recommendation-free report. Among the omitted sections: analysis... More »

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Bush administration • environment • fuel efficiency • Environmental Protection Agency • auto industry • executive power • US Supreme Court • George W. Bush • EPA

Chrysler Plans Wi-Fi
on 2009 Models

The struggling automaker will have wireless Internet options available

Jun 25, 08 8:30 AM CDT
(Newser) - Struggling automaker Chrysler—the weakest of Detroit’s Big Three—is looking to the information highway to gain an advantage. To the dismay of some highway safety experts, the automaker will offer wireless Internet access as an option in all of its 2009 models, the Los Angeles Times reports. More »

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Chrysler • highway safety • WiFi • auto industry

GM, After 16% Sales Dive, Eases Finance Options

No-interest loans, for up to 6 years, on models including pickups and SUVs

Jun 23, 08 3:58 PM CDT
(Newser) - General Motors is offering no-interest financing for up to 6 years on a selection of its 2008 automobiles in an effort to boost US sales, which plummeted 16% in May, Bloomberg reports. Soaring gas prices have hurt sales across the board, and falling trade-in values and general tightening of purse-strings... More »

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General Motors • Treasury Department • gas prices • Chevrolet • auto industry • trucks • cars

Plunging Truck Sales Drive Ford Deeper Into the Red

Shift away from large vehicles means a rocky road ahead for Detroit's Big 3

Jun 21, 08 9:12 AM CDT
(Newser) - Ford's recovery plans have been sent careening off the road by the continuing drop in truck and SUV sales, the Wall Street Journal reports. The company, which now expects this year's losses to top 2007's $2.7 billion, has given up hope of being back in the black by 2009.... More »

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Chrysler • General Motors • automaker • Ford • SUV • auto industry • trucks • pickup trucks

ANALYSIS

 High Gas Prices
 Are Good for Detroit 

Demand rising for electric alternatives, so makers, legislators must seize moment

Jun 9, 08 12:25 PM CDT
(Newser) - Sky-high gas prices are finally pushing top US auto-makers to turn out fuel-efficient vehicles, and both Detroit and Washington should keep the pedal down to make a permanent change in how, and what, Americans drive, the US top car salesman tells the Wall Street Journal. "You have to tell... More »

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energy • gas • General Motors • Honda • Nissan • auto industry • electric • hybrid car • SUVs • fuel costs • cars • AutoNation

analysis

 RIP Hummer: Symbol 
 of Eco-Defiance Is a Goner 

Villified car will be tough for GM to unload

Jun 4, 08 9:02 AM CDT
(Newser) - General Motors announced yesterday that it was considering selling the Hummer brand, which begs the question: To whom? Who exactly wants the most reviled division in automotive history, asks Frank Aherns of the Washington Post. With gas at $4 a gallon and counting, no one’s really interested... More »

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General Motors • SUV • auto industry • Hummer

 Obama Makes Nice
 With 'Sweetie' Reporter 

Back in Michigan, Dem apologizes again, answers her original question

Jun 3, 08 4:36 PM CDT
(Newser) - Barack Obama again did penance for calling a Michigan TV reporter “sweetie,” giving an eight-minute interview yesterday to Peggy Agar, three weeks after causing an uproar by using that term of endearment in brushing off a question she asked. At the time, the candidate apologized for his “... More »

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Barack Obama • Michigan • apology • auto industry

 GM to Close 4 Truck/SUV
 Plants, Reassess Hummer 

Public taste turns away from big cars

Jun 3, 08 8:44 AM CDT
(Newser) - GM will close four of its North American truck and SUV factories, the company announced today, as the public interest in gas-guzzlers wanes. The Hummer brand is also under “strategic review,” with all options on the table, "from a complete revamp of the product lineup to a... More »

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General Motors • SUV • electric cars • auto industry • trucks • factories • Rick Wagoner • Hummer

Sales of Hybrid SUVs
Stuck in Neutral

New truck-based models save gas, but they're still costly

May 31, 08 11:15 AM CDT
(Newser) - As sales drop for traditional SUVs, GM and Chrysler have high hopes for hybrid versions of their popular truck-based vehicles—but sales thus far haven’t been impressive, the New York Times reports. GM has sold 1,100 of its Chevrolet Tahoe and GMC Yukon hybrids—pacing far behind the... More »

MORE ABOUT:
Chrysler • General Motors • SUV • auto industry • hybrid car

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