The big news in America at the moment is the dropping by General Motors and Chrysler of around 3,000 new car dealers.
General Motors has around 6,000 new car dealers spread across the country and plans to terminate up to 2,000 of them and the official announcement is expected soon.
Chrysler is said to be planning to shed [...]
Perhaps we should take a break in the midst of all this doom and gloom and spend a few moments in a different era … an era when cars were big and no one worried about fuel consumption.
So let’s go back to a year before I was born … it’s 1950 and the Hudson Motor [...]
Each month the Federal Chamber of Automotive Industries releases sales figures for the previous month and each month since the sale of new cars began to decline the statement that accompanies those figures has grown shorter and shorter.
This month it took just seven paragraphs to state the obvious and try and put a brave face [...]
Toyota has been one of the success stories of the automotive industry for many years now. In fact they haven’t had a net loss in something like 40 years but oh what a loss they have recorded this year.
The figures have just been released and they are HUGE …Â BLOODY HUGE
The loss is around $US 4.4 [...]
While automotive companies around the world are struggling to survive in the current economic climate there’s one in Italy that’s poised to take a giant leap to the second biggest global car maker behind Toyota.
Only a few years ago Fiat was on the brink of collapse but in 2004 its fortunes began to change when a [...]
