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General Motors Elects To Pass On US$2 Billion In Federal Funding

FRI, 13 MAR, 2009

While GM has been operating on borrowed funds in recent times, there has been an extensive effort by the company to reduce costs and stem the...

Ford US Employees Agree To Working Changes

WED, 11 MAR, 2009

In a breakthrough for the United States’ struggling carmakers, Ford has struck a deal with the United Auto Workers union that will save the comp...

General Motors' Future In "Substantial Doubt"

FRI, 6 MAR, 2009

With whispers of General Motors’ possible bankruptcy growing louder each day, auditors to the firm have released a report claiming there is...

Fiat And Chrysler Announce Partnership Alliance

WED, 21 JAN, 2009

Recent speculation about a collaboration between Chrysler and Fiat has been confirmed.

Chrysler Not Selling Brands, Just Assets

THU, 15 JAN, 2009

The rumour-mill is working overtime in the automotive kingdom at the moment.

GM North America To Shrink To Four Brands

TUE, 13 JAN, 2009

General Motors has officially announced their plans to keep operations afloat in North America.

Loan Funds Flow To GM And Chrysler

MON, 5 JAN, 2009

Both General Motors and Chrysler have now taken the first instalments of the USD$17.4 billion bridge loans made available by the US Government.