Candidates vow to aid ailing auto industry
The next president is likely to face decisions that run to the domestic auto industry' very core: their survival. Both candidates have vowed to help.
The next president is likely to face decisions that run to the domestic auto industry' very core: their survival. Both candidates have vowed to help.
A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said.
Chinese Toyota now reports it will recall 83 thousand vehicles due to faulty transmissions. Chi Coms are threatening to boycott the Oriental maker. Toyoda continues to build vehicles with faulty transmissions.
The governors of six states have asked the treasury secretary and Federal Reserve chairman to take "immediate action" to help the troubled domestic automakers.
Taxpayers are already being asked to bail out Detroit. Do they also have to play investment banker for a GM-Chrysler merger — as well as help out a private equity giant?
The final minivan rolled off the assembly line at Chryslera s plant in Fenton. That is two days earlier than scheduled.
Deciding between a 300-hp BMW 335i and a 414-hp M3 ? Well-equipped, the former costs around $50,000 while the latter runs near $70,000. Fortunately, Audi has just the solution.
Honda’s new Fit builds on the original car’s success as a small car that makes no apologies or excuses. MotorHead, by Dan Carney.