recession

GM and Ford Should Exit Europe

Want to see GM's stock price recover to something closer to the IPO price or - gasp - closer to the price at which Treasury would actually break even on its bailout of GM?...

PSA/Peugeot-Citroen To Close French Auto Plant

For the past decade or two, folks in North America - particularly in the US and Canada - have watched all automobile manufacturing plant after plant being shuttered, particularly...

GM’s Much-Needed Opel Restructuring Tries Too Hard, Does Too Little

GM has an enormous problem in Europe.  Namely, GM Europe is losing money, has been losing money, and will continue to lose money for years.  Over the past three years since GM...

2010 US Auto Sales May Indicate Brighter 2011

By Chris Haak The December 2010 US auto sales are in the books, and it was a pretty solid month overall, unless you work for Toyota.  Overall, industry light-vehicle sales were...

GM May Have to Drop GMC Brand

By Chris Haak 04.16.2009 Bloomberg reported today that GM's GMC brand, which sells trucks and crossovers, may be on the chopping block, along with the...

Ford Submits Business Plan to Congress

By Chris Haak 12.02.2008 Hot on the heels of our earlier report of what to expect in the business plans submitted to Congress, Ford has published its 33-page (excluding...