Archives: January 2010

Tesla goes public. Mind the risk.

Posted by: David Welch on January 29

Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has...

Toyota recall just keeps getting uglier

Posted by: David Welch on January 29

Toyota’s big recall problem just keeps getting worse by the day. The latest blow to the company, which stopped the sale of eight models that it said are “involved...

Toyota suspends sale of eight models.

Posted by: David Welch on January 26

Toyota’s image problems just keep getting worse. Toyota said today that it will suspend sales of the eight models that the company stated it would recall on Jan. 21...

Saab lives! Spyker signs a deal to buy the Swedish carmaker.

Posted by: David Welch on January 26

Saab, it must be said, has more lives than a dozen cats. General Motors said today that it reached a deal with Spyker Cars NV to sell the Swedish...

No Surprise: Whitacre Keeps the Top Job at GM

Posted by: David Welch on January 25

Finally, General Motors found a new CEO to replace Fritz Henderson, who was fired on Dec. 1. To the surprise of no one, it’s Chairman and CEO Ed Whitacre....

Toyota to recall 2.3 million more vehicles as its troubles continue

Posted by: David Welch on January 22

The bad news just keeps rolling in for Toyota. Even with some $29.6 billion in cash (as of Sept. 30) the company can’t seem to buy a break. On...

Detroit Auto Show: Chrysler goes Euro

Posted by: David Welch on January 12

There’s no doubt about it. Chrysler brand is going Euro. While the struggling carmaker didn’t have a press conference to unveil new models at the Detroit auto show, they...

Detroit Auto Show: Nissan's green strategy is to go to zero

Posted by: David Welch on January 12

If there a lesson that the auto industry has learned about selling hybrid-electric cars, it’s that it’s tough to take on Toyota. The Japanese giant sold almost 12,000 copies...