Posted on August 18th, 2009 • by David Zatz
Cadillac joined Lexus at the #1 place in customer satisfaction in the annual University of Michigan survey of automakers. The director of the survey, Claes Fornell, credited the improvements to the loss of “disgruntled” customers, which let the domestic automakers focus more on their core markets. Regardless of the reason, the Chrysler hit the average [...]
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Posted on July 23rd, 2009 • by Bill Cawthon
Bryan Nesbitt, the designer of the Chrysler PT Cruiser and the knock-off Chevy HHR, will be named as the new head of Cadillac later today. He will assume his new duties August first. The news, first reported on autoextremist.com, was confirmed by GM spokesman Terry Rhadigan. Rhadigan also said the two Steves, Hill and Shannon, [...]
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Posted on December 7th, 2008 • by Bill Cawthon
Bob Corker, a Republican Senator from Tennessee which is home to a growing number of automotive facilities, echoed a statement made by a number of pundits and analysts about Chrysler. In hearings on Capitol Hill, Senator Corker said: “There’s no future for the company as a stand-alone.” Perhaps Senator Corker and the talking heads haven’t [...]
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Posted on November 7th, 2008 • by David Zatz
GM reported a net loss of $2.5 billion or $4.45 per share for the third quarter, including special items. That compares with a net loss from continuing operations of $42.5 billion or $75.12 per share in the third quarter of 2007, which included a non-cash charge of $38.3 billion to establish a valuation allowance against [...]
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Posted on October 13th, 2008 • by Bill Cawthon
Cerberus is looking at a variety of strategies for Chrysler, according to a source close to the discussions. The person did not provide specifics on any of the alternatives to the widely reported merger talks with General Motors, simply stating there were “numerous” options. The news of the Chrysler-GM discussions took the automotive world by [...]
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Posted on August 28th, 2008 • by David Zatz
JeepNewsNow reported that an Illinois woman was excited to discover she had purchased (used) Senator Barack Obama’s 2000 Jeep Grand Cherokee. Their story also noted that, when asked, John McCain did not know what kind of car he owned or drove; but it turned out to be a Cadillac CTS.
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