BNET Auto

Ford Plays Up “Green” Plan to Congress

Jim Henry — Tue, 02 Dec 2008 21:47:25 +0000

The Detroit Big Three are not going to present a united front in Congressional hearings this week. Unlike GM and Chrysler, Ford says a bailout would be nice, but not necessary.

If Ford Drops Volvo, Will GM Drop Saab?

Jim Henry — Mon, 01 Dec 2008 21:06:28 +0000

Now that Ford is willing to sell or otherwise give up Volvo, will GM's Saab unit be the next shoe to drop? Saab and Volvo share some of the same problems, from a Detroit standpoint.

Ford Gives Up On Volvo, After All

Jim Henry — Mon, 01 Dec 2008 16:21:35 +0000

Ford will cut Volvo Car Corp. loose after all. Ford President and CEO Alan Mulally said a year ago Ford would keep Volvo and fix it, but the downturn has forced Ford's hand.

Ford, GM, Chrysler Need to Narrow Bailout Debate

Jim Henry — Sun, 30 Nov 2008 18:46:06 +0000

U.S. automakers need to recast the debate over an auto-industry bailout to what they see as the narrow issues at hand, like the credit crisis, and away from private jets.

On Second Thought, Nissan Goes to Chicago Show

Jim Henry — Fri, 28 Nov 2008 23:43:44 +0000

With help from its Chicago-area dealers, Nissan North America reversed its decision to skip the Chicago Auto Show in February, but Nissan will still skip the Detroit show in January.

Cerberus, Daimler Escalate Fight Over Chrysler

Jim Henry — Fri, 28 Nov 2008 19:35:06 +0000

So far, not much has leaked out about the specific nature of the fight between Daimler and Cerberus over Chrysler, but losses on used vehicles coming off leases are a likely issue.

Ten Reasons the Auto Industry Can be Thankful (Really)

Jim Henry — Thu, 27 Nov 2008 21:34:17 +0000

Shortest list in the world? No, this Thanksgiving the bruised and battered U.S. auto industry really does have some reasons to be thankful, starting with lower gas prices.

Holiday Depression: November Auto Sales Remain Low

Jim Henry — Thu, 27 Nov 2008 19:43:44 +0000

Tight credit is still crimping U.S. auto sales, but sales are also down for brands with relatively easy credit. Many consumers are simply taking a timeout from buying cars.

Daimler, Cerberus Dispute over Chrysler

Jim Henry — Wed, 26 Nov 2008 19:59:43 +0000

Daimler and Cerberus are fighting over the 19.9 percent of Chrysler that Cerberus doesn't already own. The dispute goes back to Cerberus buying the other 80.1 percent last year.

Ford, GM, Chrysler to Take Another Run at Bailout

Jim Henry — Wed, 26 Nov 2008 15:08:25 +0000

A House of Representatives committee gave Ford, GM and Chrysler an extra weekend to get ready for hearings into a proposed bailout, which faces stiff opposition.