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Today’s Top Auto News and Analysis
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Chrysler's product lineup struggles in showrooms
The Detroit News - 29 minutes ago
DETROIT -- The latest numbers on auto sales show that Chrysler needs to quickly figure out how to navigate the car market as deftly as it did bankruptcy court. Ford's Fusion midsize car outsold all eight Chrysler brand models combined in June.
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Diesel Now Costs the Same as Regular Gasoline
BNET Auto - 2 hours 4 minutes ago
German automakers have high hopes that diesel passenger cars will catch on in the United States like they have in Europe. It helps that U.S. diesel prices are down since last year...
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China Moves on Opel With BAIC Bid
Reuters -
4 hours 4 minutes ago
By Angelika Gruber and Christiaan HetznerFRANKFURT/MUNICH (Reuters) - A Chinese automaker has offered to buy a stake in General Motors unit Opel, challenging a deal from Canadian auto parts supplier Magna, sources said on Friday.State-owned Beijing Automotive BAIC has submitted an indicative, non-binding offer for Germany's Opel, sources familiar with...
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Britain ready to co-fund GM Europe spin-off
Financial Times - 5 hours 20 minutes ago
Britain is ready to provide loans or loan guarantees to finance the spin-off of General Motors' European Opel/Vauxhall arm, UK Business Secretary Peter Mandelson said...
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Breaking News: Time to clear Sydney CBD of cars: Moore
Drive.com - 5 hours 57 minutes ago
It's time to remove cars from central Sydney's "unpleasant" and "congested" roads, Lord Mayor Clover Moore says...
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Breaking News: Russia car maker GAZ to cut 7,000 jobs
GAZ, Russia's second-largest car producer, will cut 7,000 jobs this month, a top official in the manufacturer's Volga River base of Nizhny Novgorod said...
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Bankruptcy judge could rule on GM asset sale this weekend
New York-- A U.S. Bankruptcy Court judge ended General Motors Corp.'s asset sale hearing Thursday without signaling when or how he might rule on GM's request to sell its best assets to form a new company that would emerge from bankruptcy largely debt-free.
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New GM almost ready to roll
A new General Motors could emerge from bankruptcy protection next week if a federal judge approves its restructuring plan, as seems likely...
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U.S. Auto Sales in June Show Demand is Still Awfully Thin
Except for Ford, it takes a strong pair of rose-colored glasses to see much good news in June U.S. auto sales. The best that can be said is that sales are bumping along the bottom...
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Do June Ford Sales Signal a Rebound?
There has been abundant confirmation that Fordâ??s decision to opt-out of government TARP financingâ??a move made possible by CEO Alan Mulallyâ??s prescient borrowing of $23 billion against its assets in 2006â??has multiple benefits. People seem to be retaining their confidence in Ford cars and trucks, and itâ??s starting to show...
- Diesel Now Costs the Same as Regular Gasoline
- U.S. Auto Sales in June Show Demand is Still Awfully Thin
- Do June Ford Sales Signal a Rebound?
- California to Regulate Tailpipe Greenhouse Gas
- Hyundai Gas Offer Echoes Earlier Flop for Chrysler
- The Top Italian Investment Cars (and the Worst)
- Mini Bucks the Downsizing Trend, Adding U.S. Dealerships
- Toyota's Third-Gen Prius a Sales Bright Spot
- States, Dealers Fight General Motors Reorganization
- America's Summer Vacations: Tight Budgets and Ford Hybrids
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BNET Automotive provides daily industry news coverage and insights for managers and executives, focusing on the major automotive and parts manufacturers. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, new products, mergers and acquisitions, labor and cost management, investments and deal flow, and a host of other important business issues.
