General Motors

What Now for Holden?

So General Motors … the parent company for Holden … is now in bankruptcy. While that’s a position that few could have imagined a year or two ago it’s a reality and it’s giving General Motors a chance to restructure. That restructuring includes selling off a large chunk of GM Europe … almost certainly to […]

US Car Industry Bail-out Fails

So the bail-out plans for the American car industry didn’t get through Congress? Well in the long-term that’s probably a good thing because it means that we could see a real change in the car industry world-wide. In the short-term it’s probably a good thing too because it really did look as though Congress wanted […]

Bad Economic News Continues for the Car Industry

In America General Motors is expected to announce the suspension of development work on a range of future models. One of Ford’s biggest parts suppliers has announced the closure of five plants as demand for its products dries up. The big three manufacturers in the US are reported to be planning on approaching the White […]

What’s the Big Number for America

In America there used to be the big three auto makers – General Motors, Ford and Chrysler. Now, of course, we have the very weak and wobbly three as sales plummet, credit evaporates and fuel becomes so expensive that even the Americans now want smaller, more fuel efficient cars. Soon though there’s a very strong […]

New Vehicle Sales in Australia Reflect Slowing Economy

New figures show that vehicle sales remained softer in September, reflecting the broader slow down in the Australian economy. Official VFACTS data released today by the Federal Chamber of Automotive Industries (FCAI) show that 80,938 cars, trucks and buses were sold in September; down 3.1 per cent (2,551 vehicles) compared to the same month last […]

Toyota is Number 1 Worldwide

Toyota has just released figures that indicate that in the first quarter of this year it sold 2.3 million vehicles worldwide. That figure put’s it about 900,000 vehicles ahead of General Motors. Interestingly in Toyota’s home market – in Japan – it’s suffering just as much as Japanese manufacturers. In China – the world’s biggest […]

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