News
Ford Posts $2.7B Profit for 2009, Raises Projections
By Chris Haak 01.28.2010 Proving that its multi-year turnaround plan has clearly taken root, Ford Motor Company reported final 2009 net income of $2.7 billion, including a gain...
GM’s Opel to Close Antwerp, Belgium Plant
By Chris Haak 01.21.2010 Brace yourselves for a series of protests, back-room dealings, offers of state aid, and more. GM Europe CEO Nick Reilly announced today that the...
GM Jumps Back Onto Truck Bandwagon
By Chris Haak 01.14.2010 According to articles both in the Wall Street Journal and in the Detroit News, GM's Chairman Ed Whitacre and an eight-member executive committee...
Detroit 2010: Cadillac XTS Platinum Concept
By Chris Haak 01.12.2010 This morning in Detroit, about 6:45 in the morning, Cadillac revealed its XTS Platinum concept on the local NBC newscast amidst traffic and weather...
Detroit 2010: BMW Concept ActiveE
By Chris Haak 01.12.2010 Taking the 500-car Mini E test program to the next logical step, BMW’s 1 Series-based Concept ActiveE, which made its world premiere in Detroit...
Detroit 2010: Volkswagen Concept Coupe Hybrid Concept
Volkswagen yesterday revealed its terribly-named New Compact Coupe concept car in Detroit. The car's name is on par with the company's so-called New Midsize Sedan, which has...
Detroit 2010: GMC Granite Concept
By Chris Haak 01.11.2010 This morning in Detroit, GM revealed its Granite crossover concept. Calling it an "Urban Utility Vehicle," the Granite is really very similar in...
Ford Sweeps 2010 North American Car and Truck of the Year Awards
By Chris Haak 01.11.2010 In an early-morning press conference at the North American International Auto Show in Detroit, Ford’s Fusion Hybrid was named the North American Car...
Ford and Geely Agree to Major Terms on Volvo Sale
By Chris Haak 12.23.2009 Ford issued a press release this morning (find the full text of the release after the jump) announcing that "substantive commercial terms relating to...
Impact of Saab Shutdown on Dealers – and on the New 9-5
...including why the new 9-5 won't see the light of day. By Chris Haak 12.18.2009 As we noted earlier today, the deal for GM to sell Saab collapsed during the due dilligence...