Thursday, August 28, 2008 Analyst: Big 3 may lose $5.6B Annual earnings loss comes from permanent consumer shift from trucks to small cars. Alex Ortolani / Bloomberg News High gasoline prices and the shift away from trucks and sport utility vehicles is hitting Detroit’s automakers hard. In the United States, they may lose about $5.6 [...]

DEMOCRATIC CONVENTION Harry Stoffer Automotive News | August 27, 2008 – 3:52 pm EST     DENVER — Ford Motor Co. executives are telling lawmakers and other policymakers that suppliers as well as automakers are in critical need of low-interest federal loans soon. Ford purchasing chief Tony Brown was part of the automaker’s pitch to [...]

  Chrysler considers selling the Dodge Viper queryvar=”chrysler,considers,selling,the,dodge,viper”; Brad Wernle Automotive News | August 27, 2008 – 10:13 am EST     DETROIT — Chrysler LLC has put its hand-built Dodge Viper sports car business on the block. The automaker announced today that it was undertaking a "strategic review" of the Viper business and stressed [...]