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Monday, Jan 5

'08 car sales plunge to 16-year low

For 2008, U.S. sales were down from the year before for Chrysler LLC by 30 percent, for General Motors Corp. by 28 percent, for Ford Motor Co. by 22 percent, for Toyota Motor Corp. by 15 percent, and for Honda Motor Co. by 8 percent. Mr. Phillippi said the industrywide slowdown can be traced back to one...

Sunday, Jan 4

Toyota poised to jump past Chrysler as Canada's second largest automaker

Toyota Motor Corp. has eclipsed its previous record for annual sales in Canada and is poised to become the country's second largest automaker for the first time as the industry braces for a prolonged sales slump in the months ahead. General Motors Corp. is the largest automaker in Canada by s...

Friday, Jan 2

Chrysler has fewest recalls among Big Six automakers

Through December 31, Chrysler had recalled a total of 360,000 cars and trucks, a significant decline from the 2.2 million recalled in 2007. In the same period, General Motors’ recalled 1.9 million vehicles, an increase from last year’s 538,000, and Ford recalled 1.6 million vehicles, well...

Thursday, Dec 18

Chrysler Plans Big Cuts in NASCAR

Ford Motor Co said it plans to cut NASCAR spending by about 20 percent, while Japan's Toyota Motor Corp has said its spending will be lower but has not said by how much. Once corporate America starts walking away, what are they going to do?" DeLorenzo said of NASCAR officials.

Tuesday, Dec 16

Chrysler's Unsold Inventory 400,000

The more troubling figures may well be the sales per franchise within the United States. Chrysler has dealer representation appropriate for the pre-Daimler years, and the average dealer racked up very few sales in November. While Toyota raked in 93 sales per dealership, presumably yiel...

Saturday, Dec 13

Ontario agree on $3.3B auto bailout package

The minister also said the Canadian government expects U.S. President George W. Bush to announce something "very soon." You want to be out on front of this one because it sets the standard and sends a message out to Detroit that Canada is there, crystal clear," DesRosiers told CBC News on Frida...

Sunday, Dec 7

Numbers show Chrysler can stand alone as an automaker

Chrysler LLC outsells all the European brands combined. Dodge, by itself, outsells Hyundai and Kia combined. Chrysler LLC sells more minivans in North America than any other manufacturer. General Motors and Ford both dropped out of the minivan market after years of trying to compete with...

Saturday, Dec 6

BREAKING: Automakers to get $15 billion in federal loans

It's taken two rounds of Congressional hearings, some major pride swallowing and three detailed business plans, but it looks as if the Detroit 3 will be getting the federal loans they need, though not as much they asked for. A deal was reportedly reached between Democratic leaders and the...

 
 

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