While staff at General Motors and Chrysler are no doubt busy pulling on floaties and preparing the lifeboats, their Japanese equivalents are getting increasingly worried about the state of the US car industry.
“I think it will be best if General Motors is able to continue its operations,” Toyota president Katsuaki Watanabe (above) said last week.

“There [...]

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It seems that it’s not just the US automotive giants that are doing it tough: European automakers are reportedly going cap in hand to the European Union, begging for handouts.

However, where the US auto industry is battling for its very survival, the situation of the Europeans is far less dire (Jaguar and Land Rover [...]

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