by Joseph Szczesny | Jul 27, 2009
The new General Motors Corp. that has emerged from bankruptcy is fighting to keep its overseas empire intact. Under pressure to sell off a controlling stake in its German-based Opel subsidiary, GM may yet have to auction off other key global ventures. GM now...
by Henny Hemmes | Jul 27, 2009
A new V-12 engine is something that gets my attention right away. Not just because I like big engines, but because the guys in Bavaria know perfectly well how to develop and build them. On my way to Munich, for my first drive in the all-new, 2010 BMW 760Li, I wondered...
by Ken Zino | Jul 27, 2009
The Volkswagen Group increased its global market share in the first six months of 2009 with help from effective German and Chinese government sales incentive programs in its two largest markets. Europe’s largest automaker, with Audi, Skoda and Seat as volume...
by Ken Zino | Jul 27, 2009
The new Chrysler Group board of directors is scheduled to meet for the first time today, working on an unspecified agenda. While boards traditionally set overall strategic direction, and approve management’s capital spending requirements from previously approved...
by Joseph Szczesny | Jul 24, 2009
Toyota’s top executive in the United States says the Japanese auto giant expects to lose money in North America even as it prepares to sell more cars in the United States than a restructured General Motors Corp. Yoshimi Inaba, the new president and chief...
by Ken Zino | Jul 24, 2009
Retail sales of new vehicles in July are projected to decrease 19% from July 2008, according to preliminary data from J.D. Power and Associates. Based on the first 15 selling days of the month, new vehicle retail sales for the month of July are expected to come in at...
by Paul A. Eisenstein | Jul 24, 2009
To listen to the media pundits, in recent months, one might come away with the conclusion that had Detroit’s Big Three only been building small cars and abandoned their big pickups and SUVs they’d be in great shape today. Last year’s oil shock,...
by Marty Bernstein | Jul 24, 2009
How about ad agency reviews for all GM’s brands? Nothing can cause serious pain, head-aches, anxiety attacks, depression or melancholia than news the ad agency you work for on the such-and-such brand is going into review. But it’s never been a problem in...
by Mike Davis | Jul 24, 2009
When Business Week brought me up from the minors 52 years ago, I arrived in Motor City the day the Edsel officially went on sale, the most exciting news of the 1958 model year. I doubt anyone realized the intro also signaled the beginning of Detroit’s worst...
by Ken Zino | Jul 24, 2009
Politicians are not known for their memories or consistent application of laws they have passed, as the latest hearings on the bankruptcy reorganizations of Chrysler and General Motors demonstrate. The decisions by two different judges, who handled the cases with...
by Ken Zino | Jul 23, 2009
The reorganization of General Motors finally caught up with the speed of its bankruptcy sale two weeks ago when the final appointments to its U.S. Government vetted Board of Directors were announced this afternoon and most its new executive committee were named....
by Paul A. Eisenstein | Jul 23, 2009
It certainly had all the drama of a biblical battle, with family members pitted against one another, but in this case, David was the one that picked the fight. And Goliath won. Months after the sports car manufacturer, Porsche, launched a costly campaign to gain...
