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Tag Archive for 'cars'Auto execs shoot their companies in the foot November 19th, 2008 by DaveAdmin
The Detroit Three CEOs stood before Congress today to plead their case. They insisted that their companies could not declare bankruptcy and survive, as posturing small-town-values hypocrite Senator Shelby insisted they should go bankrupt so they could put their retirees into poverty, break their promises to vendors and banks (putting many of them into bankruptcy), [...] Why GM doesn’t want to go bankrupt November 17th, 2008 by DaveAdmin
Senator Shelby, who refers to American automakers as dinosaurs making cars nobody wants (ignoring the domestics’ current market share and critically acclaimed vehicles such as the Chevy Malibu and Dodge Challenger), has suggested that the automakers should simply go bankrupt. Numerous other analysts have suggested this path, mainly as a way to avoid paying pensions [...] What GM’s Friday announcements might be November 6th, 2008 by DaveAdmin
The Detroit News is reporting that General Motors will announce “important changes” to its operation on Friday. Citing an internal company email, the News says GM CEO Rick Wagoner and Fritz Henderson, the company’s President and Chief Operating Officer, will outline plans to address challenges “brought on by the volatile global economic situation.” Chrysler Easter eggs December 10th, 2007 by Dave
Three people have now written in to say that this 2009 Dodge Ram, taken from the Mopar site, is “for real.” (See our full story with more photos and details including the higher-power Hemis.) Killing off Dodge cars November 19th, 2007 by Dave
The Wall Street Journal caused a local uproar by printing a rumor that Dodge cars were on the chopping block, leaving Dodge with wagons and SUVs, and Chrysler with cars. That’s an interesting rumor because it corresponds with an old Daimler plan, the one that brought us Magnum and Caliber, but not Intrepid (which finally [...] |
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