Ford Motor Co. said Friday that auto industry sales would be at an annualized selling rate of just around 9 million in February when it and other automakers report monthly...
When President Obama said in his February 24 speech, "And I believe the nation that invented the automobile cannot walk away from it," I shouted, FACT CHECKER! FACT CHECKER! Dear...
In President Obama’s address to Congress last night, he said he’s behind the auto industry and wants to save it. At least, that’s my interpretation. The new President said...
Will the real bondholders please stand up? There are two players at the negotiating table with General Motors, Chrysler and the White House who have a lot of chips to...
Members of Congress were a bit ham-handed in their attempts to get "Buy American" provisions into the stimulus package such as requiring state governments completing infrastructure projects to buy American...
The Obama Administration's decision not to appoint some tough, experienced "car czar" to oversee the restructuring and financial viability plans of GM and Chrysler was predictable and foretold by a...
It appears now that there may not be a car czar after all. Instead the Obama Administration may set up a task force which reports to both Treasury Secretary...
Comedian Lewis Black once joked that the Republicans always come up with lousy ideas to bring to a vote. Not to be outdone, he went on, the Democrats will...
Hyundai Motor America is having as difficult a time as most automakers these days coping with the dramatic drop in demand in autos. But one has to admire how the...
The boo birds are out. A day after General Motors announced that its car guy, Bob Lutz, is retiring the harsh comments lined up on our website like banks...
Bob Lutz's impact on General Motors should not be underestimated despite the near-death experience the company is going through right now. Before he was invited to leave retirement and his...
Circumstantial evidence is a cheap way to draw a conclusion. But anyone who says that rumors of bankruptcy, sale or anything else that clouds the future of a car...
Chris Bangle, the head of design for the BMW Group since 1992 and one of the most controversial and well-known designers in the auto industry, resigned his post on...
As if the government’s bailout efforts haven’t been silly enough, now General Motors has something else to worry about. If GM can get its bondholders to swap debt for...
Want the straight scoop on the auto industry? Our man in Detroit David Welch, brings keen observations and provocative perspective on the auto business.