Auto industry News

Nissan continues to move forward with its plans to revive the long-retired Datsun brand. The company says the cars will carry a sticker price of just $3,000 - $5,000 and will be sold in limited markets.

For three years our consciousness has been bombarded with assertions from Obama, his handlers, and his justifiers, that he is pro-business, -- after all did he not singlehandedly “save” America’s auto industry? Enough with the lies already!

Costa Mesa - With the cost of gas ever on the upswing and the financial picture not appearing to get any better, a California website realizes that car shoppers are looking for vehicles that provide more than just basic transportation.

One industry that has suffered badly at the hands of the latest global recession has been the auto industry. As consumers turned their minds to more pressing financial concerns and credit dried up, sales in every sector of the industry declined sharply.

The end of an era. After 50 years Chrysler closes Fenton assembly plant. Was low productivity as well as slow sales the reason? The trucks once produced there will now be assembled in Mexico.

Despite billions in bailouts and an unprecedented pre-packaged bankruptcy, General Motors may be forced to liquidate if an asset sale isn't approved.

Car enthusiasts everywhere consider the Corvette a classic, but whoever would have thought that the distinction of being the world’s ugliest version of the auto super star would be a coveted prize? Read on and… vroom!

Should Washington, Ottawa and North American taxpayers spend their hard earned cash to bail out irresponsible corporate behaviour?

In a stunning development, the U.S. Senate dealt a fatal blow to the auto bailout proposal: Democrats and Republicans in the Senate were unable to reach a compromised deal that would get bipartisan support for the bailout. Is Big Three bankruptcy looming?

General Motors tells us it has long term plans. GM’s horizon reality isn’t long enough for those plans and dreams to be realized. While everyone is being conciliatory, or afraid to lose his or her job, there is an opportunity to take radical action.