High-Tech Windscreen from GM
Here’s something new and innovative from GM
News From America
This week the automotive news from America hasn’t been all that good … unless you were the head of General Motors. Sure he got let go but then who would care about not having a job when you’re slipped a cheque for $US29 million as you walk out the door? Ford … the one company […]
Just How Bad Are Things for GM and Chrysler?
Without the US government bailout of GM and Chrysler, both are insolvent according to Sean McAlinden, Chief Economist for the Centre of Automotive Research in Ann Arbor, Michigan … just down the road from Detroit. McAlinden also suggests that GM is not in a position to meet the initial loan conditions set down by the […]
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 […]