JAGUAR HAS ANNOUNCED that its entry level offering, the X-type, will wrap up production before the end of 2009. The last of Jaguar’s ‘old-guard’ offerings, the Mondeo-based X-type was originally intended to live on until at least mid-2010.

The decision to drop the X-type comes amid sweeping cost-cutting measures at Jaguar Land Rover to help shore the [...]

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The deck chairs are still being rearranged on the deck of that ‘other Titanic’, the desperately struggling US carmaker, Chrysler LLC.

Whether Fiat SpA can save it from a cold oblivion remains uncertain. Nevertheless, news has surfaced that Fiat CEO, Canadian Sergio Marchionne, may take the top job at Chrysler as part of the new (revised) [...]

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While GM and Chrysler are no doubt pleased at the US Government’s approval of further short-term financial aid (think of it more as a stay-of-execution than anything else), Wall Street is reportedly hurting bigtime.

Concerns about the future of the US auto industry has driven share prices downward, with the Dow Jones Industrial Average dropping 199.92 [...]

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US President Barack Obama has announced that the US Federal Government will supply further aid to General Motors and Chrysler.

The news comes hot on the heels of the US government’s announcement that it would determine an official deadline for carmakers seeking additional Federal aid.

At the least, President Obama’s latest announcment that Treasury purse strings will be [...]

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Details of a survey released by polling group R.L. Polk has revealed that 61 percent of Americans would object to the US Government offering further financial aid to floundering carmakers GM and Chrysler.

The number against might have been higher if not for the states in the Great Lakes region of the US being so closely [...]

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General Motors and Chrysler could be in worse trouble than either company has let on, which, given the acknowledgement of both manufacturers that bankruptcy is a genuine danger, is really saying something.

To date, the two companies have received US$17.4 billion in government aid, and both are hoping to receive an extra $21.6 billion between them.

The [...]

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More grim tidings today with news that GM’s European operations could be staring at the prospect of collapse in coming weeks, if European governments do not come to its aid.

According to GM Chief Operating Officer Fritz Henderson, funding to the tune of €3.3b (AU$6.4b, US$4.1b) is needed to assist the separation of Opel and Vauxhall, [...]

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