Filed under: Classics , Europe , Saab , Earnings/Financials Despite the popular saying, history cannot simply repeated. So, when faced with the possibility of losing the entire classic collection of cars that had made up the official Saab museum in Trollh
Filed under: Government/Legal , Chrysler , GM , Earnings/Financials 2008 was one crazy, almost surreal year. It was the year when the economy took a nosedive, and the U.S. auto industry nearly ceased to exist.
Excerpt from:
Report: Memo says Bush administration almost pushed GM and Chrysler into earlier bankruptcy
Filed under: Saab , Earnings/Financials It’s a Saab story, we know, but this is – in all likelihood – the end of the road for Sweden’s “other” automaker. Sure, there are still talks of one foreign entity or another picking up where GM and Swedish Automobile (Swan)/ Spyker left off, but even if they do, they’ll have a heck of a lot of work on their hands. And that includes rebuilding its presence in North America.
Original post:
Report: Saab Cars North American undergoing bankruptcy liquidation
Filed under: Auctions , Etc. , Chevrolet , Ford , GM , Earnings/Financials We record Episode #266 of the Autoblog Podcast tonight, and you can drop us your questions via our Q&A module below. Check out our discussion topics or chime in to help determine what else the crew chats about this evening. Subscribe to the Autoblog Podcast in iTunes if you haven’t already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight
Read the original:
Submit your questions for Autoblog Podcast #266 LIVE
Filed under: Chrysler , Ford , Earnings/Financials , Canada Ford has announced that it will give both bonuses and merit-based raises to the company’s salaried workers in the United States and Canada for the first time since 2008, according to Reuters . On average, the manufacturer will offer a 2.7 percent salary increase based on individual performance. The company stopped offering the bonuses after the financial crisis of 2009 sent automotive sales into a plunge.
More:
Report: Ford to pay bonuses and raises, GM and Chrysler decline to do same
Filed under: Car Buying , Marketing/Advertising , Earnings/Financials We hope General Motors hasn’t started planning that ticker-tape parade down Jefferson Avenue yet, as Volkswagen has apparently taken issue with the notion that GM might again be the world’s largest automaker . According to The Wall Street Journal , VW has said it will be adding some 200,000 units to its previously released sales total, contributions from some commercial truck manufacturers that are subsidiaries. Moreover, the WSJ has called into question GM’s practice of counting the vehicles sold by two Chinese partners in which GM does not have a controlling interest. Liuzhou Wuling Motors sold 1.2 million vehicles in China last year, according to the report, which the Journal says some analysts don’t count in tabulating their numbers
View original post here:
Report: VW takes issue with claim that GM is world’s largest automaker